Cost of Living Comparison Between Miami, FL and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 30.5% lower than in Miami, FL (without rent) | |
| Consumer Prices Including Rent in Madrid are 41.9% lower than in Miami, FL | |
| Rent Prices in Madrid are 55.0% lower than in Miami, FL | |
| Restaurant Prices in Madrid are 37.0% lower than in Miami, FL | |
| Groceries Prices in Madrid are 29.9% lower than in Miami, FL | |
| Local Purchasing Power in Madrid is 3.6% higher than in Miami, FL | |
Restaurants | Miami, FL Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 $ (23.22 €) |
15.08 $ (14.00 €) |
-39.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 $ (92.86 €) |
64.61 $ (60.00 €) |
-35.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.14 €) |
10.26 $ (9.53 €) |
-14.5 % |
| Domestic Beer (1 pint draught) |
7.00 $ (6.50 €) |
3.77 $ (3.50 €) |
-46.2 % |
| Imported Beer (12 oz small bottle) |
8.00 $ (7.43 €) |
3.77 $ (3.50 €) |
-52.9 % |
| Cappuccino (regular) |
4.82 $ (4.47 €) |
2.57 $ (2.39 €) |
-46.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.69 $ (2.50 €) |
2.63 $ (2.44 €) |
-2.6 % |
| Water (12 oz small bottle) |
2.14 $ (1.99 €) |
1.71 $ (1.59 €) |
-20.2 % |
Markets | Miami, FL Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
4.42 $ (4.10 €) |
4.32 $ (4.02 €) |
-2.1 % |
| Loaf of Fresh White Bread (1 lb) |
3.28 $ (3.04 €) |
1.48 $ (1.38 €) |
-54.7 % |
| Rice (white), (1 lb) |
1.78 $ (1.65 €) |
0.71 $ (0.66 €) |
-60.0 % |
| Eggs (regular) (12) |
3.89 $ (3.61 €) |
2.99 $ (2.77 €) |
-23.1 % |
| Local Cheese (1 lb) |
6.05 $ (5.62 €) |
6.52 $ (6.06 €) |
+7.8 % |
| Chicken Fillets (1 lb) |
4.75 $ (4.41 €) |
3.73 $ (3.46 €) |
-21.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.50 $ (6.03 €) |
6.81 $ (6.33 €) |
+4.9 % |
| Apples (1 lb) |
2.58 $ (2.39 €) |
1.10 $ (1.02 €) |
-57.4 % |
| Banana (1 lb) |
0.86 $ (0.80 €) |
0.88 $ (0.82 €) |
+2.8 % |
| Oranges (1 lb) |
1.68 $ (1.56 €) |
0.86 $ (0.80 €) |
-48.6 % |
| Tomato (1 lb) |
2.03 $ (1.88 €) |
1.12 $ (1.04 €) |
-44.9 % |
| Potato (1 lb) |
1.08 $ (1.00 €) |
0.69 $ (0.64 €) |
-35.8 % |
| Onion (1 lb) |
1.38 $ (1.28 €) |
0.74 $ (0.69 €) |
-46.3 % |
| Lettuce (1 head) |
2.56 $ (2.38 €) |
1.29 $ (1.20 €) |
-49.7 % |
| Water (1.5 liter bottle) |
2.07 $ (1.92 €) |
0.94 $ (0.87 €) |
-54.6 % |
| Bottle of Wine (Mid-Range) |
12.99 $ (12.06 €) |
6.46 $ (6.00 €) |
-50.3 % |
| Domestic Beer (0.5 liter bottle) |
2.00 $ (1.85 €) |
1.31 $ (1.22 €) |
-34.3 % |
| Imported Beer (12 oz small bottle) |
2.37 $ (2.20 €) |
1.89 $ (1.76 €) |
-20.2 % |
| Cigarettes 20 Pack (Marlboro) |
9.00 $ (8.36 €) |
6.08 $ (5.65 €) |
-32.4 % |
Transportation | Miami, FL Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.25 $ (2.09 €) |
1.62 $ (1.50 €) |
-28.2 % |
| Monthly Pass (Regular Price) |
115.00 $ (106.79 €) |
43.07 $ (40.00 €) |
-62.5 % |
| Taxi Start (Normal Tariff) |
2.98 $ (2.76 €) |
3.23 $ (3.00 €) |
+8.6 % |
| Taxi 1 mile (Normal Tariff) |
2.10 $ (1.95 €) |
2.08 $ (1.93 €) |
-1.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
24.00 $ (22.29 €) |
23.69 $ (22.00 €) |
-1.3 % |
| Gasoline (1 gallon) |
3.48 $ (3.23 €) |
6.71 $ (6.23 €) |
+93.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (32,502.75 €) |
35,928.50 $ (33,365.00 €) |
+2.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24,955.19 $ (23,174.64 €) |
29,741.82 $ (27,619.74 €) |
+19.2 % |
Utilities (Monthly) | Miami, FL Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
170.11 $ (157.97 €) |
153.17 $ (142.24 €) |
-10.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
56.94 $ (52.88 €) |
14.95 $ (13.88 €) |
-73.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
61.83 $ (57.42 €) |
32.04 $ (29.76 €) |
-48.2 % |
Sports And Leisure | Miami, FL Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
68.17 $ (63.30 €) |
46.92 $ (43.57 €) |
-31.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
23.86 $ (22.15 €) |
10.68 $ (9.91 €) |
-55.2 % |
| Cinema, International Release, 1 Seat |
15.00 $ (13.93 €) |
10.77 $ (10.00 €) |
-28.2 % |
Childcare | Miami, FL Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,162.50 $ (1,079.56 €) |
529.72 $ (491.92 €) |
-54.4 % |
| International Primary School, Yearly for 1 Child |
28,333.33 $ (26,311.75 €) |
9,327.42 $ (8,661.90 €) |
-67.1 % |
Clothing And Shoes | Miami, FL Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
46.50 $ (43.18 €) |
74.03 $ (68.75 €) |
+59.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
43.12 $ (40.05 €) |
30.48 $ (28.30 €) |
-29.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.28 $ (74.55 €) |
82.17 $ (76.31 €) |
+2.4 % |
| 1 Pair of Men Leather Business Shoes |
96.67 $ (89.77 €) |
90.91 $ (84.43 €) |
-6.0 % |
Rent Per Month | Miami, FL Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,784.86 $ (2,586.16 €) |
1,355.46 $ (1,258.75 €) |
-51.3 % |
| Apartment (1 bedroom) Outside of Centre |
2,129.68 $ (1,977.73 €) |
975.43 $ (905.83 €) |
-54.2 % |
| Apartment (3 bedrooms) in City Centre |
5,402.90 $ (5,017.40 €) |
2,320.37 $ (2,154.81 €) |
-57.1 % |
| Apartment (3 bedrooms) Outside of Centre |
3,693.74 $ (3,430.19 €) |
1,673.77 $ (1,554.35 €) |
-54.7 % |
Buy Apartment Price | Miami, FL Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
575.52 $ (534.45 €) |
454.40 $ (421.98 €) |
-21.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
359.55 $ (333.90 €) |
256.73 $ (238.41 €) |
-28.6 % |
Salaries And Financing | Miami, FL Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
4,289.41 $ (3,983.36 €) |
2,583.87 $ (2,399.51 €) |
-39.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.57 | 2.53 | -61.5 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 149 | 530 |
Moving to Miami, FL? Explore:
Moving to Madrid? Explore:
Cities near Miami, FL: | Cost of Living in Fort Lauderdale, Florida | 27.52 miles |
| Cost of Living in Deerfield Beach, Florida | 41.37 miles |
| Cost of Living in Boynton Beach, Florida | 56.57 miles |
| Cost of Living in West Palm Beach, Florida | 70.25 miles |
| Cost of Living in Port St Lucie, Florida | 111.85 miles |
| Cost of Living in Naples, Florida | 123.55 miles |
| Cost of Living in Fort Myers, Florida | 156.10 miles |
| Cost of Living in Venice, Florida | 213.33 miles |
| Cost of Living in Orlando, Florida | 234.00 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 |