Cost of Living Comparison Between London and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 34.6% lower than in London (without rent) | |
| Consumer Prices Including Rent in Madrid are 43.4% lower than in London | |
| Rent Prices in Madrid are 54.4% lower than in London | |
| Restaurant Prices in Madrid are 36.3% lower than in London | |
| Groceries Prices in Madrid are 23.7% lower than in London | |
| Local Purchasing Power in Madrid is 7.9% higher than in London | |
Restaurants | London Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (23.31 €) |
12.01 £ (14.00 €) |
-39.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (93.25 €) |
51.47 £ (60.00 €) |
-35.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (9.32 €) |
7.72 £ (9.00 €) |
-3.5 % |
| Domestic Beer (1 pint draught) |
6.50 £ (7.58 €) |
3.00 £ (3.50 €) |
-53.8 % |
| Imported Beer (12 oz small bottle) |
5.75 £ (6.70 €) |
3.00 £ (3.50 €) |
-47.8 % |
| Cappuccino (regular) |
3.59 £ (4.19 €) |
2.04 £ (2.38 €) |
-43.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.02 £ (2.36 €) |
2.07 £ (2.41 €) |
+2.3 % |
| Water (12 oz small bottle) |
1.65 £ (1.92 €) |
1.35 £ (1.57 €) |
-18.1 % |
Markets | London Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.02 £ (5.86 €) |
3.46 £ (4.03 €) |
-31.2 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 £ (1.64 €) |
1.18 £ (1.38 €) |
-16.0 % |
| Rice (white), (1 lb) |
0.92 £ (1.08 €) |
0.57 £ (0.66 €) |
-38.6 % |
| Eggs (regular) (12) |
3.17 £ (3.69 €) |
2.39 £ (2.78 €) |
-24.7 % |
| Local Cheese (1 lb) |
3.41 £ (3.97 €) |
5.20 £ (6.06 €) |
+52.5 % |
| Chicken Fillets (1 lb) |
3.39 £ (3.95 €) |
2.97 £ (3.46 €) |
-12.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.65 £ (6.59 €) |
5.43 £ (6.33 €) |
-4.0 % |
| Apples (1 lb) |
1.17 £ (1.36 €) |
0.88 £ (1.03 €) |
-24.5 % |
| Banana (1 lb) |
0.59 £ (0.69 €) |
0.70 £ (0.82 €) |
+18.2 % |
| Oranges (1 lb) |
1.17 £ (1.37 €) |
0.69 £ (0.81 €) |
-41.2 % |
| Tomato (1 lb) |
1.39 £ (1.62 €) |
0.89 £ (1.03 €) |
-36.4 % |
| Potato (1 lb) |
0.58 £ (0.67 €) |
0.55 £ (0.64 €) |
-4.5 % |
| Onion (1 lb) |
0.53 £ (0.62 €) |
0.59 £ (0.69 €) |
+11.0 % |
| Lettuce (1 head) |
0.97 £ (1.13 €) |
1.03 £ (1.20 €) |
+5.9 % |
| Water (1.5 liter bottle) |
1.31 £ (1.53 €) |
0.75 £ (0.87 €) |
-42.9 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (11.07 €) |
5.15 £ (6.00 €) |
-45.8 % |
| Domestic Beer (0.5 liter bottle) |
2.09 £ (2.44 €) |
1.04 £ (1.22 €) |
-50.0 % |
| Imported Beer (12 oz small bottle) |
2.44 £ (2.84 €) |
1.51 £ (1.76 €) |
-38.2 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (17.48 €) |
4.85 £ (5.65 €) |
-67.7 % |
Transportation | London Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.80 £ (3.26 €) |
1.29 £ (1.50 €) |
-54.0 % |
| Monthly Pass (Regular Price) |
200.00 £ (233.12 €) |
34.32 £ (40.00 €) |
-82.8 % |
| Taxi Start (Normal Tariff) |
4.50 £ (5.25 €) |
2.57 £ (3.00 €) |
-42.8 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (3.65 €) |
1.66 £ (1.93 €) |
-47.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (34.97 €) |
18.87 £ (22.00 €) |
-37.1 % |
| Gasoline (1 gallon) |
5.71 £ (6.65 €) |
5.34 £ (6.23 €) |
-6.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27,280.00 £ (31,798.12 €) |
28,624.24 £ (33,365.00 €) |
+4.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (30,143.67 €) |
23,695.31 £ (27,619.74 €) |
-8.4 % |
Utilities (Monthly) | London Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
293.80 £ (342.46 €) |
121.56 £ (141.69 €) |
-58.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.03 £ (17.52 €) |
12.04 £ (14.03 €) |
-19.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.02 £ (36.16 €) |
25.65 £ (29.90 €) |
-17.3 % |
Sports And Leisure | London Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.74 £ (54.48 €) |
37.79 £ (44.05 €) |
-19.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (16.73 €) |
8.79 £ (10.24 €) |
-38.8 % |
| Cinema, International Release, 1 Seat |
15.00 £ (17.48 €) |
8.58 £ (10.00 €) |
-42.8 % |
Childcare | London Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (2,145.14 €) |
422.61 £ (492.60 €) |
-77.0 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (23,376.24 €) |
7,420.94 £ (8,650.00 €) |
-63.0 % |
Clothing And Shoes | London Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.72 £ (95.26 €) |
59.21 £ (69.01 €) |
-27.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.37 £ (45.89 €) |
24.06 £ (28.04 €) |
-38.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.05 £ (103.80 €) |
65.34 £ (76.17 €) |
-26.6 % |
| 1 Pair of Men Leather Business Shoes |
97.78 £ (113.97 €) |
70.73 £ (82.44 €) |
-27.7 % |
Rent Per Month | London Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,138.54 £ (2,492.73 €) |
1,064.38 £ (1,240.66 €) |
-50.2 % |
| Apartment (1 bedroom) Outside of Centre |
1,607.38 £ (1,873.60 €) |
770.06 £ (897.60 €) |
-52.1 % |
| Apartment (3 bedrooms) in City Centre |
4,289.02 £ (4,999.37 €) |
1,826.71 £ (2,129.25 €) |
-57.4 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (3,332.48 €) |
1,304.74 £ (1,520.83 €) |
-54.4 % |
Buy Apartment Price | London Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,311.20 £ (1,528.36 €) |
355.88 £ (414.82 €) |
-72.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (861.65 €) |
203.61 £ (237.34 €) |
-72.5 % |
Salaries And Financing | London Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,463.68 £ (4,037.34 €) |
2,116.86 £ (2,467.45 €) |
-38.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.56 | 2.52 | -54.7 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 890 | 535 |
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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 |