Cost of Living Comparison Between London and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 32.3% lower than in London (without rent) | |
| Consumer Prices Including Rent in Madrid are 41.9% lower than in London | |
| Rent Prices in Madrid are 53.8% lower than in London | |
| Restaurant Prices in Madrid are 35.4% lower than in London | |
| Groceries Prices in Madrid are 21.5% lower than in London | |
| Local Purchasing Power in Madrid is 0.9% lower than in London | |
Restaurants | London Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (23.25 €) |
12.04 £ (14.00 €) |
-39.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (93.00 €) |
51.61 £ (60.00 €) |
-35.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (9.30 €) |
8.19 £ (9.53 €) |
+2.4 % |
| Domestic Beer (1 pint draught) |
6.50 £ (7.56 €) |
3.01 £ (3.50 €) |
-53.7 % |
| Imported Beer (12 oz small bottle) |
5.75 £ (6.68 €) |
3.44 £ (4.00 €) |
-40.2 % |
| Cappuccino (regular) |
3.59 £ (4.18 €) |
2.09 £ (2.42 €) |
-42.0 % |
| Coke/Pepsi (12 oz small bottle) |
2.02 £ (2.35 €) |
2.15 £ (2.50 €) |
+6.3 % |
| Water (12 oz small bottle) |
1.65 £ (1.92 €) |
1.43 £ (1.66 €) |
-13.2 % |
Markets | London Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.02 £ (5.84 €) |
3.46 £ (4.02 €) |
-31.2 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 £ (1.63 €) |
1.23 £ (1.43 €) |
-12.3 % |
| Rice (white), (1 lb) |
0.92 £ (1.07 €) |
0.58 £ (0.68 €) |
-36.8 % |
| Eggs (regular) (12) |
3.17 £ (3.68 €) |
2.40 £ (2.79 €) |
-24.2 % |
| Local Cheese (1 lb) |
3.41 £ (3.96 €) |
5.44 £ (6.32 €) |
+59.4 % |
| Chicken Fillets (1 lb) |
3.39 £ (3.94 €) |
3.05 £ (3.55 €) |
-10.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (6.41 €) |
5.55 £ (6.45 €) |
+0.6 % |
| Apples (1 lb) |
1.17 £ (1.35 €) |
0.89 £ (1.04 €) |
-23.3 % |
| Banana (1 lb) |
0.59 £ (0.69 €) |
0.70 £ (0.81 €) |
+17.9 % |
| Oranges (1 lb) |
1.17 £ (1.37 €) |
0.74 £ (0.87 €) |
-36.6 % |
| Tomato (1 lb) |
1.39 £ (1.62 €) |
0.89 £ (1.04 €) |
-36.0 % |
| Potato (1 lb) |
0.58 £ (0.67 €) |
0.57 £ (0.66 €) |
-1.6 % |
| Onion (1 lb) |
0.53 £ (0.62 €) |
0.59 £ (0.69 €) |
+11.4 % |
| Lettuce (1 head) |
0.97 £ (1.13 €) |
1.04 £ (1.21 €) |
+7.2 % |
| Water (1.5 liter bottle) |
1.31 £ (1.52 €) |
0.76 £ (0.89 €) |
-41.8 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (11.04 €) |
5.16 £ (6.00 €) |
-45.7 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (2.43 €) |
1.05 £ (1.22 €) |
-49.8 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (2.83 €) |
1.57 £ (1.83 €) |
-35.4 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (17.44 €) |
4.86 £ (5.65 €) |
-67.6 % |
Transportation | London Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (3.25 €) |
1.29 £ (1.50 €) |
-53.9 % |
| Monthly Pass (Regular Price) |
200.00 £ (232.50 €) |
43.01 £ (50.00 €) |
-78.5 % |
| Taxi Start (Normal Tariff) |
4.50 £ (5.23 €) |
2.69 £ (3.12 €) |
-40.3 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (3.64 €) |
1.80 £ (2.09 €) |
-42.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (34.87 €) |
19.14 £ (22.25 €) |
-36.2 % |
| Gasoline (1 gallon) |
5.71 £ (6.63 €) |
5.39 £ (6.26 €) |
-5.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (31,712.47 €) |
28,701.56 £ (33,365.00 €) |
+5.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (30,062.47 €) |
23,759.31 £ (27,619.74 €) |
-8.1 % |
Utilities (Monthly) | London Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
293.80 £ (341.54 €) |
128.09 £ (148.90 €) |
-56.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.03 £ (17.47 €) |
13.36 £ (15.53 €) |
-11.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.02 £ (36.06 €) |
26.72 £ (31.06 €) |
-13.9 % |
Sports And Leisure | London Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.74 £ (54.33 €) |
38.19 £ (44.39 €) |
-18.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (16.68 €) |
10.85 £ (12.61 €) |
-24.4 % |
| Cinema, International Release, 1 Seat |
15.00 £ (17.44 €) |
8.60 £ (10.00 €) |
-42.7 % |
Childcare | London Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (2,139.36 €) |
427.30 £ (496.73 €) |
-76.8 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (23,313.27 €) |
7,582.31 £ (8,814.29 €) |
-62.2 % |
Clothing And Shoes | London Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.72 £ (95.00 €) |
67.58 £ (78.56 €) |
-17.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.37 £ (45.77 €) |
27.37 £ (31.81 €) |
-30.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.05 £ (103.52 €) |
69.75 £ (81.08 €) |
-21.7 % |
| 1 Pair of Men Leather Business Shoes |
97.78 £ (113.66 €) |
79.38 £ (92.28 €) |
-18.8 % |
Rent Per Month | London Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,138.54 £ (2,486.01 €) |
1,088.78 £ (1,265.69 €) |
-49.1 % |
| Apartment (1 bedroom) Outside of Centre |
1,607.38 £ (1,868.55 €) |
784.27 £ (911.70 €) |
-51.2 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (5,141.62 €) |
1,869.73 £ (2,173.53 €) |
-57.7 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (3,323.50 €) |
1,355.34 £ (1,575.56 €) |
-52.6 % |
Buy Apartment Price | London Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (1,524.25 €) |
371.96 £ (432.40 €) |
-71.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (859.33 €) |
215.62 £ (250.65 €) |
-70.8 % |
Salaries And Financing | London Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,476.09 £ (4,040.89 €) |
2,002.20 £ (2,327.52 €) |
-42.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.56 | 2.76 | -50.3 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 892 | 519 |
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Cities near London: | Cost of Living in Westminster | 2.09 miles |
| Cost of Living in Southwark | 3.41 miles |
| Cost of Living in Ealing | 10.41 miles |
| Cost of Living in Croydon | 11.15 miles |
| Cost of Living in Kingston upon Thames | 11.19 miles |
| Cost of Living in Barnet | 16.17 miles |
| Cost of Living in Watford | 20.33 miles |
| Cost of Living in Slough | 22.72 miles |
| Cost of Living in Harlow | 24.88 miles |
| Cost of Living in Welwyn Garden City | 25.71 miles |
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |