Cost of Living Comparison Between London and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 32.9% lower than in London (without rent)
Cost of Living Including Rent in Madrid is 41.3% lower than in London
Rent Prices in Madrid are 51.8% lower than in London
Restaurant Prices in Madrid are 34.1% lower than in London
Groceries Prices in Madrid are 23.6% lower than in London
Local Purchasing Power in Madrid is 20.5% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 20.00 £
(23.67 €)
12.68 £
(15.00 €)
     -36.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £
(94.67 €)
50.70 £
(60.00 €)
     -36.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £
(9.47 €)
8.45 £
(10.00 €)
     +5.6 %
Domestic Beer (1 pint draught) 6.50 £
(7.69 €)
2.96 £
(3.50 €)
     -54.5 %
Imported Beer (12 oz small bottle) 5.00 £
(5.92 €)
3.38 £
(4.00 €)
     -32.4 %
Cappuccino (regular) 3.65 £
(4.32 €)
2.07 £
(2.45 €)
     -43.4 %
Coke/Pepsi (12 oz small bottle) 2.00 £
(2.37 €)
2.18 £
(2.58 €)
     +8.8 %
Water (12 oz small bottle) 1.52 £
(1.80 €)
1.41 £
(1.66 €)
     -7.6 %
Markets
London Edit Madrid Edit
Milk (regular), (1 gallon) 5.02 £
(5.95 €)
3.39 £
(4.02 €)
     -32.4 %
Loaf of Fresh White Bread (1 lb) 1.41 £
(1.67 €)
1.19 £
(1.41 €)
     -15.5 %
Rice (white), (1 lb) 0.96 £
(1.14 €)
0.57 £
(0.68 €)
     -40.8 %
Eggs (regular) (12) 3.18 £
(3.76 €)
2.36 £
(2.79 €)
     -25.8 %
Local Cheese (1 lb) 3.49 £
(4.13 €)
5.52 £
(6.53 €)
     +58.1 %
Chicken Fillets (1 lb) 3.47 £
(4.10 €)
3.01 £
(3.56 €)
     -13.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.67 £
(6.71 €)
5.46 £
(6.46 €)
     -3.8 %
Apples (1 lb) 1.19 £
(1.41 €)
0.89 £
(1.06 €)
     -25.2 %
Banana (1 lb) 0.63 £
(0.75 €)
0.70 £
(0.83 €)
     +11.8 %
Oranges (1 lb) 1.20 £
(1.42 €)
0.77 £
(0.91 €)
     -36.0 %
Tomato (1 lb) 1.54 £
(1.82 €)
0.87 £
(1.03 €)
     -43.3 %
Potato (1 lb) 0.58 £
(0.69 €)
0.60 £
(0.71 €)
     +2.9 %
Onion (1 lb) 0.54 £
(0.64 €)
0.60 £
(0.71 €)
     +10.0 %
Lettuce (1 head) 1.01 £
(1.20 €)
1.01 £
(1.20 €)
     +0.2 %
Water (1.5 liter bottle) 1.31 £
(1.55 €)
0.72 £
(0.85 €)
     -45.1 %
Bottle of Wine (Mid-Range) 9.50 £
(11.24 €)
5.49 £
(6.50 €)
     -42.2 %
Domestic Beer (0.5 liter bottle) 1.99 £
(2.35 €)
1.03 £
(1.22 €)
     -48.2 %
Imported Beer (12 oz small bottle) 2.46 £
(2.91 €)
1.55 £
(1.84 €)
     -36.9 %
Cigarettes 20 Pack (Marlboro) 15.00 £
(17.75 €)
4.73 £
(5.60 €)
     -68.5 %
Transportation
London Edit Madrid Edit
One-way Ticket (Local Transport) 2.80 £
(3.31 €)
1.27 £
(1.50 €)
     -54.7 %
Monthly Pass (Regular Price) 200.00 £
(236.68 €)
42.25 £
(50.00 €)
     -78.9 %
Taxi Start (Normal Tariff) 4.50 £
(5.33 €)
2.85 £
(3.38 €)
     -36.6 %
Taxi 1 mile (Normal Tariff) 3.13 £
(3.71 €)
1.77 £
(2.09 €)
     -43.6 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(35.50 €)
20.07 £
(23.75 €)
     -33.1 %
Gasoline (1 gallon) 5.75 £
(6.80 €)
5.36 £
(6.34 €)
     -6.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,035.00 £
(33,176.62 €)
28,194.19 £
(33,365.00 €)
     +0.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,862.14 £
(31,788.66 €)
23,561.68 £
(27,882.89 €)
     -12.3 %
Utilities (Monthly)
London Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 293.89 £
(347.79 €)
129.10 £
(152.78 €)
     -56.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.56 £
(18.42 €)
12.67 £
(14.99 €)
     -18.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.63 £
(36.25 €)
26.22 £
(31.02 €)
     -14.4 %
Sports And Leisure
London Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 45.52 £
(53.87 €)
36.48 £
(43.17 €)
     -19.9 %
Tennis Court Rent (1 Hour on Weekend) 14.51 £
(17.17 €)
10.62 £
(12.56 €)
     -26.8 %
Cinema, International Release, 1 Seat 15.00 £
(17.75 €)
8.45 £
(10.00 €)
     -43.7 %
Childcare
London Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,853.11 £
(2,192.97 €)
435.84 £
(515.77 €)
     -76.5 %
International Primary School, Yearly for 1 Child 20,143.18 £
(23,837.44 €)
7,705.80 £
(9,119.05 €)
     -61.7 %
Clothing And Shoes
London Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.77 £
(97.95 €)
74.18 £
(87.78 €)
     -10.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 40.31 £
(47.70 €)
30.53 £
(36.13 €)
     -24.2 %
1 Pair of Nike Running Shoes (Mid-Range) 89.95 £
(106.44 €)
73.76 £
(87.29 €)
     -18.0 %
1 Pair of Men Leather Business Shoes 103.40 £
(122.36 €)
88.08 £
(104.23 €)
     -14.8 %
Rent Per Month
London Edit Madrid Edit
Apartment (1 bedroom) in City Centre 2,147.22 £
(2,541.02 €)
1,142.51 £
(1,352.04 €)
     -46.8 %
Apartment (1 bedroom) Outside of Centre 1,600.08 £
(1,893.54 €)
816.86 £
(966.67 €)
     -48.9 %
Apartment (3 bedrooms) in City Centre 4,440.24 £
(5,254.58 €)
1,965.45 £
(2,325.92 €)
     -55.7 %
Apartment (3 bedrooms) Outside of Centre 2,879.76 £
(3,407.91 €)
1,414.14 £
(1,673.49 €)
     -50.9 %
Buy Apartment Price
London Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,257.91 £
(1,488.61 €)
437.15 £
(517.32 €)
     -65.2 %
Price per Square Feet to Buy Apartment Outside of Centre 754.71 £
(893.12 €)
262.93 £
(311.15 €)
     -65.2 %
Salaries And Financing
London Edit Madrid Edit
Average Monthly Net Salary (After Tax) 3,835.63 £
(4,539.08 €)
1,790.95 £
(2,119.41 €)
     -53.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.48 3.42      -37.5 %
Last update: June 2024June 2024
Contributors in the past 12 months:873484