Cost of Living Comparison Between London and Madrid 

Indices DifferenceInfo
Cost of Living in Madrid is 36.9% lower than in London (without rent)
Cost of Living Including Rent in Madrid is 43.1% lower than in London
Rent Prices in Madrid are 52.5% lower than in London
Restaurant Prices in Madrid are 33.1% lower than in London
Groceries Prices in Madrid are 26.4% lower than in London
Local Purchasing Power in Madrid is 3.1% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 20.00 £
(23.94 €)
12.53 £
(15.00 €)
     -37.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £
(95.78 €)
50.12 £
(60.00 €)
     -37.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £
(9.58 €)
8.35 £
(10.00 €)
     +4.4 %
Domestic Beer (1 pint draught) 6.00 £
(7.18 €)
2.92 £
(3.50 €)
     -51.3 %
Imported Beer (12 oz small bottle) 5.50 £
(6.58 €)
3.34 £
(4.00 €)
     -39.3 %
Cappuccino (regular) 3.71 £
(4.44 €)
2.05 £
(2.45 €)
     -44.9 %
Coke/Pepsi (12 oz small bottle) 1.98 £
(2.38 €)
2.20 £
(2.63 €)
     +10.8 %
Water (12 oz small bottle) 1.46 £
(1.75 €)
1.42 £
(1.71 €)
     -2.4 %
Markets
London Edit Madrid Edit
Milk (regular), (1 gallon) 4.78 £
(5.72 €)
3.28 £
(3.93 €)
     -31.3 %
Loaf of Fresh White Bread (1 lb) 1.39 £
(1.67 €)
1.06 £
(1.27 €)
     -23.6 %
Rice (white), (1 lb) 0.90 £
(1.08 €)
0.52 £
(0.63 €)
     -41.9 %
Eggs (regular) (12) 3.63 £
(4.34 €)
2.38 £
(2.85 €)
     -34.4 %
Local Cheese (1 lb) 3.93 £
(4.70 €)
4.56 £
(5.46 €)
     +16.1 %
Chicken Fillets (1 lb) 3.15 £
(3.77 €)
2.93 £
(3.51 €)
     -7.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.85 £
(5.81 €)
5.27 £
(6.30 €)
     +8.5 %
Apples (1 lb) 1.18 £
(1.41 €)
0.82 £
(0.99 €)
     -30.3 %
Banana (1 lb) 0.61 £
(0.73 €)
0.69 £
(0.82 €)
     +12.7 %
Oranges (1 lb) 1.10 £
(1.32 €)
0.79 £
(0.94 €)
     -28.4 %
Tomato (1 lb) 1.27 £
(1.52 €)
0.82 £
(0.98 €)
     -35.3 %
Potato (1 lb) 0.57 £
(0.68 €)
0.64 £
(0.77 €)
     +12.4 %
Onion (1 lb) 0.58 £
(0.69 €)
0.62 £
(0.74 €)
     +7.1 %
Lettuce (1 head) 0.99 £
(1.19 €)
0.94 £
(1.13 €)
     -5.1 %
Water (1.5 liter bottle) 1.28 £
(1.53 €)
0.70 £
(0.84 €)
     -45.1 %
Bottle of Wine (Mid-Range) 9.00 £
(10.78 €)
5.01 £
(6.00 €)
     -44.3 %
Domestic Beer (0.5 liter bottle) 2.28 £
(2.74 €)
1.00 £
(1.20 €)
     -56.2 %
Imported Beer (12 oz small bottle) 2.68 £
(3.20 €)
1.58 £
(1.90 €)
     -40.8 %
Cigarettes 20 Pack (Marlboro) 17.00 £
(20.35 €)
5.01 £
(6.00 €)
     -70.5 %
Transportation
London Edit Madrid Edit
One-way Ticket (Local Transport) 2.80 £
(3.35 €)
1.25 £
(1.50 €)
     -55.3 %
Monthly Pass (Regular Price) 188.04 £
(225.13 €)
29.23 £
(35.00 €)
     -84.5 %
Taxi Start (Normal Tariff) 4.50 £
(5.39 €)
2.92 £
(3.50 €)
     -35.0 %
Taxi 1 mile (Normal Tariff) 4.10 £
(4.91 €)
1.75 £
(2.09 €)
     -57.4 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(35.92 €)
20.88 £
(25.00 €)
     -30.4 %
Gasoline (1 gallon) 5.54 £
(6.64 €)
5.30 £
(6.35 €)
     -4.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,925.00 £
(33,432.98 €)
27,868.22 £
(33,365.00 €)
     -0.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 29,302.31 £
(35,081.96 €)
24,101.56 £
(28,855.40 €)
     -17.7 %
Utilities (Monthly)
London Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 237.92 £
(284.84 €)
133.28 £
(159.56 €)
     -44.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.17 £
(16.96 €)
13.12 £
(15.71 €)
     -7.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.54 £
(37.76 €)
24.93 £
(29.85 €)
     -21.0 %
Sports And Leisure
London Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 47.73 £
(57.14 €)
35.24 £
(42.20 €)
     -26.2 %
Tennis Court Rent (1 Hour on Weekend) 14.78 £
(17.70 €)
10.96 £
(13.12 €)
     -25.9 %
Cinema, International Release, 1 Seat 14.50 £
(17.36 €)
8.35 £
(10.00 €)
     -42.4 %
Childcare
London Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,802.17 £
(2,157.64 €)
457.49 £
(547.73 €)
     -74.6 %
International Primary School, Yearly for 1 Child 21,424.95 £
(25,650.85 €)
8,070.14 £
(9,661.90 €)
     -62.3 %
Clothing And Shoes
London Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 77.45 £
(92.73 €)
65.83 £
(78.81 €)
     -15.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 37.00 £
(44.30 €)
30.01 £
(35.93 €)
     -18.9 %
1 Pair of Nike Running Shoes (Mid-Range) 92.38 £
(110.60 €)
76.15 £
(91.17 €)
     -17.6 %
1 Pair of Men Leather Business Shoes 116.29 £
(139.23 €)
91.88 £
(110.00 €)
     -21.0 %
Rent Per Month
London Edit Madrid Edit
Apartment (1 bedroom) in City Centre 2,186.73 £
(2,618.05 €)
1,127.15 £
(1,349.47 €)
     -48.5 %
Apartment (1 bedroom) Outside of Centre 1,615.52 £
(1,934.16 €)
798.66 £
(956.19 €)
     -50.6 %
Apartment (3 bedrooms) in City Centre 4,190.00 £
(5,016.44 €)
1,885.54 £
(2,257.44 €)
     -55.0 %
Apartment (3 bedrooms) Outside of Centre 2,718.29 £
(3,254.45 €)
1,274.76 £
(1,526.19 €)
     -53.1 %
Buy Apartment Price
London Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,496.79 £
(1,792.01 €)
509.47 £
(609.96 €)
     -66.0 %
Price per Square Feet to Buy Apartment Outside of Centre 773.52 £
(926.10 €)
298.01 £
(356.78 €)
     -61.5 %
Salaries And Financing
London Edit Madrid Edit
Average Monthly Net Salary (After Tax) 3,247.96 £
(3,888.60 €)
1,790.76 £
(2,143.98 €)
     -44.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.07 3.65      -28.1 %
Last update: February 2025February 2025
Contributors in the past 12 months:760327