Cost of Living Comparison Between London and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 22.81% lower than in London
Consumer Prices Including Rent in Madrid are 34.46% lower than in London
Rent Prices in Madrid are 49.53% lower than in London
Restaurant Prices in Madrid are 26.29% lower than in London
Groceries Prices in Madrid are 14.55% lower than in London
Local Purchasing Power in Madrid is 19.95% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants London[ Edit ] Madrid[ Edit ]Difference
Meal, Inexpensive Restaurant 15.00 £
(16.43 €)
10.95 £
(12.00 €)
     -26.98 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 £
(65.73 €)
42.90 £
(47.00 €)
     -28.50 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.00 £
(6.57 €)
7.30 £
(8.00 €)
     +21.70 %
Domestic Beer (1 pint draught) 5.00 £
(5.48 €)
2.74 £
(3.00 €)
     -45.23 %
Imported Beer (12 oz small bottle) 5.00 £
(5.48 €)
2.74 £
(3.00 €)
     -45.23 %
Cappuccino (regular) 3.01 £
(3.30 €)
1.77 £
(1.94 €)
     -41.30 %
Coke/Pepsi (12 oz small bottle) 1.55 £
(1.69 €)
1.78 £
(1.95 €)
     +15.37 %
Water (12 oz small bottle) 1.15 £
(1.26 €)
1.32 £
(1.45 €)
     +14.73 %
Markets London[ Edit ] Madrid[ Edit ]
Milk (regular), (1 gallon) 3.60 £
(3.95 €)
2.84 £
(3.12 €)
     -21.10 %
Loaf of Fresh White Bread (1 lb) 0.94 £
(1.03 €)
0.79 £
(0.86 €)
     -16.04 %
Rice (white), (1 lb) 0.66 £
(0.72 €)
0.44 £
(0.48 €)
     -34.06 %
Eggs (regular) (12) 2.13 £
(2.33 €)
1.78 £
(1.94 €)
     -16.61 %
Local Cheese (1 lb) 3.10 £
(3.40 €)
4.81 £
(5.27 €)
     +55.01 %
Chicken Fillets (1 lb) 2.81 £
(3.07 €)
2.62 £
(2.87 €)
     -6.68 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.18 £
(4.58 €)
4.62 £
(5.06 €)
     +10.40 %
Apples (1 lb) 0.99 £
(1.08 €)
0.80 £
(0.87 €)
     -19.31 %
Banana (1 lb) 0.55 £
(0.60 €)
0.79 £
(0.86 €)
     +43.50 %
Oranges (1 lb) 0.91 £
(1.00 €)
0.68 £
(0.75 €)
     -25.15 %
Tomato (1 lb) 1.10 £
(1.21 €)
0.77 £
(0.84 €)
     -30.32 %
Potato (1 lb) 0.51 £
(0.56 €)
0.49 £
(0.54 €)
     -3.58 %
Onion (1 lb) 0.50 £
(0.55 €)
0.56 £
(0.61 €)
     +11.59 %
Lettuce (1 head) 0.74 £
(0.82 €)
0.92 £
(1.00 €)
     +22.85 %
Water (1.5 liter bottle) 0.84 £
(0.92 €)
0.72 £
(0.79 €)
     -14.67 %
Bottle of Wine (Mid-Range) 8.00 £
(8.76 €)
4.56 £
(5.00 €)
     -42.95 %
Domestic Beer (0.5 liter bottle) 1.99 £
(2.18 €)
0.98 £
(1.08 €)
     -50.69 %
Imported Beer (12 oz small bottle) 2.05 £
(2.24 €)
1.58 £
(1.73 €)
     -22.79 %
Cigarettes 20 Pack (Marlboro) 12.00 £
(13.15 €)
4.56 £
(5.00 €)
     -61.97 %
Transportation London[ Edit ] Madrid[ Edit ]
One-way Ticket (Local Transport) 2.80 £
(3.07 €)
1.37 £
(1.50 €)
     -51.10 %
Monthly Pass (Regular Price) 150.00 £
(164.34 €)
49.84 £
(54.60 €)
     -66.78 %
Taxi Start (Normal Tariff) 3.00 £
(3.29 €)
2.74 £
(3.00 €)
     -8.72 %
Taxi 1 mile (Normal Tariff) 3.22 £
(3.53 €)
1.62 £
(1.77 €)
     -49.80 %
Taxi 1hour Waiting (Normal Tariff) 28.80 £
(31.55 €)
22.82 £
(25.00 €)
     -20.77 %
Gasoline (1 gallon) 4.78 £
(5.24 €)
4.59 £
(5.03 €)
     -3.85 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,317.50 £
(23,354.93 €)
18,255.25 £
(20,000.00 €)
     -14.36 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 22,785.09 £
(24,962.78 €)
20,812.74 £
(22,801.92 €)
     -8.66 %
Utilities (Monthly) London[ Edit ] Madrid[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 171.83 £
(188.26 €)
123.94 £
(135.78 €)
     -27.87 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.13 £
(0.14 €)
0.17 £
(0.19 €)
     +33.70 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.72 £
(34.75 €)
38.07 £
(41.71 €)
     +20.02 %
Sports And Leisure London[ Edit ] Madrid[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 43.47 £
(47.62 €)
34.99 £
(38.34 €)
     -19.50 %
Tennis Court Rent (1 Hour on Weekend) 11.12 £
(12.18 €)
10.41 £
(11.41 €)
     -6.32 %
Cinema, International Release, 1 Seat 13.00 £
(14.24 €)
8.21 £
(9.00 €)
     -36.81 %
Childcare London[ Edit ] Madrid[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,431.72 £
(1,568.56 €)
406.18 £
(445.00 €)
     -71.63 %
International Primary School, Yearly for 1 Child 18,139.13 £
(19,872.78 €)
7,254.29 £
(7,947.62 €)
     -60.01 %
Clothing And Shoes London[ Edit ] Madrid[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 66.29 £
(72.62 €)
67.12 £
(73.54 €)
     +1.26 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.33 £
(35.42 €)
26.65 £
(29.20 €)
     -17.56 %
1 Pair of Nike Running Shoes (Mid-Range) 70.01 £
(76.71 €)
67.84 £
(74.33 €)
     -3.10 %
1 Pair of Men Leather Business Shoes 90.22 £
(98.84 €)
80.92 £
(88.66 €)
     -10.30 %
Rent Per Month London[ Edit ] Madrid[ Edit ]
Apartment (1 bedroom) in City Centre 1,728.91 £
(1,894.15 €)
882.80 £
(967.17 €)
     -48.94 %
Apartment (1 bedroom) Outside of Centre 1,256.98 £
(1,377.11 €)
660.18 £
(723.28 €)
     -47.48 %
Apartment (3 bedrooms) in City Centre 3,203.80 £
(3,510.00 €)
1,552.97 £
(1,701.40 €)
     -51.53 %
Apartment (3 bedrooms) Outside of Centre 2,069.20 £
(2,266.96 €)
1,085.72 £
(1,189.49 €)
     -47.53 %
Buy Apartment Price London[ Edit ] Madrid[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,077.67 £
(1,180.67 €)
422.49 £
(462.86 €)
     -60.80 %
Price per Square Feet to Buy Apartment Outside of Centre 569.05 £
(623.43 €)
256.14 £
(280.62 €)
     -54.99 %
Salaries And Financing London[ Edit ] Madrid[ Edit ]
Average Monthly Net Salary (After Tax) 2,831.31 £
(3,101.91 €)
1,485.47 £
(1,627.44 €)
     -47.53 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.99 2.21      -26.02 %
Last update: October 2020October 2020
Contributors in the past 12 months:795336