Cost of Living Comparison Between London and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 26.06% lower than in London (without rent)
Consumer Prices Including Rent in Madrid are 38.52% lower than in London
Rent Prices in Madrid are 54.80% lower than in London
Restaurant Prices in Madrid are 28.10% lower than in London
Groceries Prices in Madrid are 18.87% lower than in London
Local Purchasing Power in Madrid is 22.19% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 15.00 £
(17.36 €)
10.37 £
(12.00 €)
     -30.88 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 £
(69.44 €)
43.20 £
(50.00 €)
     -28.00 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 £
(6.94 €)
6.91 £
(8.00 €)
     +15.21 %
Domestic Beer (1 pint draught) 5.00 £
(5.79 €)
2.59 £
(3.00 €)
     -48.16 %
Imported Beer (12 oz small bottle) 5.00 £
(5.79 €)
2.81 £
(3.25 €)
     -43.84 %
Cappuccino (regular) 2.93 £
(3.39 €)
1.71 £
(1.98 €)
     -41.53 %
Coke/Pepsi (12 oz small bottle) 1.58 £
(1.83 €)
1.68 £
(1.95 €)
     +6.18 %
Water (12 oz small bottle) 1.19 £
(1.38 €)
1.30 £
(1.50 €)
     +8.96 %
Markets
London Edit Madrid Edit
Milk (regular), (1 gallon) 3.52 £
(4.08 €)
2.65 £
(3.07 €)
     -24.64 %
Loaf of Fresh White Bread (1 lb) 0.92 £
(1.07 €)
0.71 £
(0.82 €)
     -23.43 %
Rice (white), (1 lb) 0.66 £
(0.77 €)
0.41 £
(0.48 €)
     -37.69 %
Eggs (regular) (12) 2.21 £
(2.56 €)
1.74 £
(2.01 €)
     -21.32 %
Local Cheese (1 lb) 3.02 £
(3.49 €)
4.08 £
(4.73 €)
     +35.24 %
Chicken Fillets (1 lb) 2.72 £
(3.15 €)
2.54 £
(2.94 €)
     -6.65 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.38 £
(5.07 €)
4.45 £
(5.15 €)
     +1.48 %
Apples (1 lb) 0.95 £
(1.10 €)
0.84 £
(0.98 €)
     -10.99 %
Banana (1 lb) 0.49 £
(0.57 €)
0.72 £
(0.83 €)
     +45.76 %
Oranges (1 lb) 0.84 £
(0.98 €)
0.66 £
(0.77 €)
     -21.48 %
Tomato (1 lb) 1.13 £
(1.31 €)
0.74 £
(0.86 €)
     -34.45 %
Potato (1 lb) 0.55 £
(0.64 €)
0.49 £
(0.57 €)
     -11.29 %
Onion (1 lb) 0.50 £
(0.58 €)
0.49 £
(0.57 €)
     -2.78 %
Lettuce (1 head) 0.81 £
(0.94 €)
0.84 £
(0.97 €)
     +3.81 %
Water (1.5 liter bottle) 0.88 £
(1.02 €)
0.60 £
(0.69 €)
     -31.75 %
Bottle of Wine (Mid-Range) 8.00 £
(9.26 €)
4.32 £
(5.00 €)
     -46.00 %
Domestic Beer (0.5 liter bottle) 1.81 £
(2.09 €)
0.86 £
(1.00 €)
     -52.13 %
Imported Beer (12 oz small bottle) 2.04 £
(2.37 €)
1.45 £
(1.68 €)
     -29.22 %
Cigarettes 20 Pack (Marlboro) 12.00 £
(13.89 €)
4.49 £
(5.20 €)
     -62.56 %
Transportation
London Edit Madrid Edit
One-way Ticket (Local Transport) 2.80 £
(3.24 €)
1.30 £
(1.50 €)
     -53.71 %
Monthly Pass (Regular Price) 151.09 £
(174.86 €)
47.18 £
(54.60 €)
     -68.77 %
Taxi Start (Normal Tariff) 2.60 £
(3.01 €)
2.59 £
(3.00 €)
     -0.30 %
Taxi 1 mile (Normal Tariff) 2.74 £
(3.17 €)
1.53 £
(1.77 €)
     -44.09 %
Taxi 1hour Waiting (Normal Tariff) 28.80 £
(33.33 €)
20.74 £
(24.00 €)
     -28.00 %
Gasoline (1 gallon) 4.56 £
(5.28 €)
4.16 £
(4.81 €)
     -8.85 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 23,167.50 £
(26,812.56 €)
17,929.12 £
(20,750.00 €)
     -22.61 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,738.27 £
(26,315.80 €)
20,393.55 £
(23,602.17 €)
     -10.31 %
Utilities (Monthly)
London Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 177.14 £
(205.01 €)
123.20 £
(142.58 €)
     -30.45 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.12 £
(0.14 €)
0.17 £
(0.20 €)
     +41.20 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 32.02 £
(37.06 €)
35.75 £
(41.37 €)
     +11.63 %
Sports And Leisure
London Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 45.59 £
(52.77 €)
34.63 £
(40.07 €)
     -24.06 %
Tennis Court Rent (1 Hour on Weekend) 10.53 £
(12.19 €)
10.17 £
(11.77 €)
     -3.48 %
Cinema, International Release, 1 Seat 13.25 £
(15.33 €)
7.78 £
(9.00 €)
     -41.31 %
Childcare
London Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,445.52 £
(1,672.95 €)
379.20 £
(438.86 €)
     -73.77 %
International Primary School, Yearly for 1 Child 18,152.08 £
(21,008.04 €)
6,790.68 £
(7,859.09 €)
     -62.59 %
Clothing And Shoes
London Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 64.71 £
(74.89 €)
62.40 £
(72.22 €)
     -3.57 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.14 £
(36.04 €)
24.95 £
(28.87 €)
     -19.89 %
1 Pair of Nike Running Shoes (Mid-Range) 71.43 £
(82.67 €)
66.85 £
(77.37 €)
     -6.41 %
1 Pair of Men Leather Business Shoes 90.59 £
(104.85 €)
76.63 £
(88.69 €)
     -15.41 %
Rent Per Month
London Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,684.06 £
(1,949.03 €)
783.95 £
(907.30 €)
     -53.45 %
Apartment (1 bedroom) Outside of Centre 1,243.86 £
(1,439.56 €)
579.46 £
(670.62 €)
     -53.41 %
Apartment (3 bedrooms) in City Centre 3,193.02 £
(3,695.40 €)
1,390.50 £
(1,609.27 €)
     -56.45 %
Apartment (3 bedrooms) Outside of Centre 2,074.96 £
(2,401.42 €)
952.34 £
(1,102.18 €)
     -54.10 %
Buy Apartment Price
London Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 1,027.97 £
(1,189.71 €)
413.69 £
(478.78 €)
     -59.76 %
Price per Square Feet to Buy Apartment Outside of Centre 525.22 £
(607.86 €)
245.83 £
(284.51 €)
     -53.20 %
Salaries And Financing
London Edit Madrid Edit
Average Monthly Net Salary (After Tax) 2,911.05 £
(3,369.06 €)
1,392.54 £
(1,611.64 €)
     -52.16 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.64 2.18      -17.47 %
Last update: March 2021February 2021
Contributors in the past 12 months:621248