Cost of Living Comparison Between London and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 31.9% lower than in London (without rent) | |
| Consumer Prices Including Rent in Madrid are 41.5% lower than in London | |
| Rent Prices in Madrid are 53.5% lower than in London | |
| Restaurant Prices in Madrid are 35.3% lower than in London | |
| Groceries Prices in Madrid are 20.4% lower than in London | |
| Local Purchasing Power in Madrid is 2.6% lower than in London | |
Restaurants | London Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
20.00 £ (23.24 €) |
12.05 £ (14.00 €) |
-39.8 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
80.00 £ (92.95 €) |
51.64 £ (60.00 €) |
-35.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8.00 £ (9.30 €) |
8.20 £ (9.53 €) |
+2.5 % |
| Domestic Beer (1 pint draught) |
6.50 £ (7.55 €) |
3.01 £ (3.50 €) |
-53.7 % |
| Imported Beer (12 oz small bottle) |
5.75 £ (6.68 €) |
3.44 £ (4.00 €) |
-40.1 % |
| Cappuccino (regular) |
3.59 £ (4.17 €) |
2.09 £ (2.42 €) |
-41.9 % |
| 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 €) |
1.44 £ (1.67 €) |
-12.8 % |
Markets | London Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
4.95 £ (5.75 €) |
3.47 £ (4.03 €) |
-30.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 £ (1.62 €) |
1.25 £ (1.45 €) |
-10.4 % |
| Rice (white), (1 lb) |
0.91 £ (1.06 €) |
0.58 £ (0.68 €) |
-36.0 % |
| Eggs (regular) (12) |
3.17 £ (3.68 €) |
2.40 £ (2.79 €) |
-24.3 % |
| Local Cheese (1 lb) |
3.41 £ (3.96 €) |
5.53 £ (6.42 €) |
+62.2 % |
| Chicken Fillets (1 lb) |
3.39 £ (3.94 €) |
3.08 £ (3.58 €) |
-9.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
5.52 £ (6.41 €) |
5.62 £ (6.53 €) |
+1.9 % |
| Apples (1 lb) |
1.17 £ (1.35 €) |
0.91 £ (1.06 €) |
-22.1 % |
| Banana (1 lb) |
0.59 £ (0.69 €) |
0.71 £ (0.82 €) |
+19.9 % |
| Oranges (1 lb) |
1.17 £ (1.36 €) |
0.77 £ (0.89 €) |
-34.6 % |
| Tomato (1 lb) |
1.39 £ (1.62 €) |
0.90 £ (1.04 €) |
-35.6 % |
| Potato (1 lb) |
0.57 £ (0.66 €) |
0.58 £ (0.67 €) |
+1.2 % |
| Onion (1 lb) |
0.53 £ (0.61 €) |
0.61 £ (0.71 €) |
+15.6 % |
| Lettuce (1 head) |
0.97 £ (1.13 €) |
1.05 £ (1.22 €) |
+8.2 % |
| Water (1.5 liter bottle) |
1.28 £ (1.49 €) |
0.78 £ (0.90 €) |
-39.2 % |
| Bottle of Wine (Mid-Range) |
9.50 £ (11.04 €) |
5.16 £ (6.00 €) |
-45.6 % |
| 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 €) |
1.60 £ (1.86 €) |
-34.1 % |
| Cigarettes 20 Pack (Marlboro) |
15.00 £ (17.43 €) |
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 £ (232.38 €) |
43.03 £ (50.00 €) |
-78.5 % |
| Taxi Start (Normal Tariff) |
4.50 £ (5.23 €) |
2.69 £ (3.12 €) |
-40.2 % |
| Taxi 1 mile (Normal Tariff) |
3.13 £ (3.64 €) |
1.80 £ (2.09 €) |
-42.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 £ (34.86 €) |
19.15 £ (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 £ (31,697.01 €) |
28,715.55 £ (33,365.00 €) |
+5.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
25,860.62 £ (30,047.82 €) |
23,770.90 £ (27,619.74 €) |
-8.1 % |
Utilities (Monthly) | London Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
293.80 £ (341.38 €) |
128.15 £ (148.90 €) |
-56.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.03 £ (17.46 €) |
13.36 £ (15.53 €) |
-11.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.02 £ (36.04 €) |
26.73 £ (31.06 €) |
-13.8 % |
Sports And Leisure | London Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
46.74 £ (54.31 €) |
38.51 £ (44.75 €) |
-17.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
14.35 £ (16.68 €) |
11.38 £ (13.23 €) |
-20.7 % |
| Cinema, International Release, 1 Seat |
15.00 £ (17.43 €) |
8.61 £ (10.00 €) |
-42.6 % |
Childcare | London Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,840.34 £ (2,138.32 €) |
431.70 £ (501.60 €) |
-76.5 % |
| International Primary School, Yearly for 1 Child |
20,054.76 £ (23,301.91 €) |
7,930.26 £ (9,214.29 €) |
-60.5 % |
Clothing And Shoes | London Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
81.72 £ (94.95 €) |
66.71 £ (77.51 €) |
-18.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.37 £ (45.74 €) |
26.97 £ (31.33 €) |
-31.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
89.05 £ (103.47 €) |
69.29 £ (80.51 €) |
-22.2 % |
| 1 Pair of Men Leather Business Shoes |
97.78 £ (113.61 €) |
79.42 £ (92.28 €) |
-18.8 % |
Rent Per Month | London Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,138.54 £ (2,484.80 €) |
1,094.75 £ (1,272.00 €) |
-48.8 % |
| Apartment (1 bedroom) Outside of Centre |
1,607.38 £ (1,867.64 €) |
794.36 £ (922.98 €) |
-50.6 % |
| Apartment (3 bedrooms) in City Centre |
4,422.97 £ (5,139.11 €) |
1,882.24 £ (2,187.00 €) |
-57.4 % |
| Apartment (3 bedrooms) Outside of Centre |
2,858.97 £ (3,321.88 €) |
1,356.00 £ (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 £ (1,523.50 €) |
372.15 £ (432.40 €) |
-71.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
739.22 £ (858.91 €) |
217.05 £ (252.20 €) |
-70.6 % |
Salaries And Financing | London Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,450.92 £ (4,009.68 €) |
1,965.75 £ (2,284.03 €) |
-43.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.55 | 2.80 | -49.6 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 892 | 517 |
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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 |