Cost of Living Comparison Between Phoenix, AZ and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 24.7% lower than in Phoenix, AZ (without rent)
Consumer Prices Including Rent in Madrid are 23.3% lower than in Phoenix, AZ
Rent Prices in Madrid are 20.7% lower than in Phoenix, AZ
Restaurant Prices in Madrid are 23.7% lower than in Phoenix, AZ
Groceries Prices in Madrid are 27.3% lower than in Phoenix, AZ
Local Purchasing Power in Madrid is 26.1% lower than in Phoenix, AZ
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Phoenix, AZ Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 19.99 $
(18.56 €)
15.08 $
(14.00 €)
     -24.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $
(74.29 €)
64.61 $
(60.00 €)
     -19.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $
(9.29 €)
10.26 $
(9.53 €)
     +2.6 %
Domestic Beer (1 pint draught) 5.50 $
(5.11 €)
3.77 $
(3.50 €)
     -31.5 %
Imported Beer (12 oz small bottle) 6.38 $
(5.92 €)
3.77 $
(3.50 €)
     -40.9 %
Cappuccino (regular) 5.36 $
(4.98 €)
2.57 $
(2.39 €)
     -52.1 %
Coke/Pepsi (12 oz small bottle) 2.59 $
(2.41 €)
2.63 $
(2.44 €)
     +1.2 %
Water (12 oz small bottle) 1.94 $
(1.80 €)
1.71 $
(1.59 €)
     -12.0 %
Markets
Phoenix, AZ Edit Madrid Edit
Milk (regular), (1 gallon) 3.45 $
(3.20 €)
4.32 $
(4.02 €)
     +25.5 %
Loaf of Fresh White Bread (1 lb) 3.34 $
(3.10 €)
1.48 $
(1.38 €)
     -55.5 %
Rice (white), (1 lb) 1.95 $
(1.81 €)
0.71 $
(0.66 €)
     -63.5 %
Eggs (regular) (12) 3.67 $
(3.41 €)
2.99 $
(2.77 €)
     -18.6 %
Local Cheese (1 lb) 4.91 $
(4.56 €)
6.52 $
(6.06 €)
     +32.8 %
Chicken Fillets (1 lb) 4.45 $
(4.13 €)
3.73 $
(3.46 €)
     -16.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.27 $
(5.82 €)
6.81 $
(6.33 €)
     +8.6 %
Apples (1 lb) 2.08 $
(1.93 €)
1.10 $
(1.02 €)
     -47.2 %
Banana (1 lb) 0.66 $
(0.61 €)
0.88 $
(0.82 €)
     +34.0 %
Oranges (1 lb) 1.84 $
(1.71 €)
0.86 $
(0.80 €)
     -53.0 %
Tomato (1 lb) 1.96 $
(1.82 €)
1.12 $
(1.04 €)
     -43.0 %
Potato (1 lb) 1.42 $
(1.32 €)
0.69 $
(0.64 €)
     -51.2 %
Onion (1 lb) 1.27 $
(1.18 €)
0.74 $
(0.69 €)
     -41.7 %
Lettuce (1 head) 1.85 $
(1.72 €)
1.29 $
(1.20 €)
     -30.5 %
Water (1.5 liter bottle) 2.43 $
(2.26 €)
0.94 $
(0.87 €)
     -61.3 %
Bottle of Wine (Mid-Range) 15.00 $
(13.93 €)
6.46 $
(6.00 €)
     -56.9 %
Domestic Beer (0.5 liter bottle) 2.09 $
(1.94 €)
1.31 $
(1.22 €)
     -37.1 %
Imported Beer (12 oz small bottle) 4.51 $
(4.19 €)
1.89 $
(1.76 €)
     -58.1 %
Cigarettes 20 Pack (Marlboro) 9.00 $
(8.36 €)
6.08 $
(5.65 €)
     -32.4 %
Transportation
Phoenix, AZ Edit Madrid Edit
One-way Ticket (Local Transport) 2.00 $
(1.86 €)
1.62 $
(1.50 €)
     -19.2 %
Monthly Pass (Regular Price) 55.00 $
(51.08 €)
43.07 $
(40.00 €)
     -21.7 %
Taxi Start (Normal Tariff) 2.75 $
(2.55 €)
3.23 $
(3.00 €)
     +17.5 %
Taxi 1 mile (Normal Tariff) 2.20 $
(2.04 €)
2.08 $
(1.93 €)
     -5.5 %
Taxi 1hour Waiting (Normal Tariff) 36.00 $
(33.43 €)
23.69 $
(22.00 €)
     -34.2 %
Gasoline (1 gallon) 4.05 $
(3.76 €)
6.71 $
(6.23 €)
     +65.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 $
(27,859.50 €)
35,928.50 $
(33,365.00 €)
     +19.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,595.23 $
(25,626.31 €)
29,741.82 $
(27,619.74 €)
     +7.8 %
Utilities (Monthly)
Phoenix, AZ Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 236.80 $
(219.90 €)
153.17 $
(142.24 €)
     -35.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 69.60 $
(64.63 €)
14.95 $
(13.88 €)
     -78.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 68.91 $
(64.00 €)
32.04 $
(29.76 €)
     -53.5 %
Sports And Leisure
Phoenix, AZ Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 26.62 $
(24.72 €)
46.92 $
(43.57 €)
     +76.2 %
Tennis Court Rent (1 Hour on Weekend) 19.33 $
(17.95 €)
10.68 $
(9.91 €)
     -44.8 %
Cinema, International Release, 1 Seat 12.75 $
(11.84 €)
10.77 $
(10.00 €)
     -15.5 %
Childcare
Phoenix, AZ Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,142.86 $
(1,061.31 €)
529.72 $
(491.92 €)
     -53.6 %
International Primary School, Yearly for 1 Child 10,400.00 $
(9,657.96 €)
9,327.42 $
(8,661.90 €)
     -10.3 %
Clothing And Shoes
Phoenix, AZ Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 46.67 $
(43.34 €)
74.03 $
(68.75 €)
     +58.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.44 $
(36.63 €)
30.48 $
(28.30 €)
     -22.7 %
1 Pair of Nike Running Shoes (Mid-Range) 86.67 $
(80.48 €)
82.17 $
(76.31 €)
     -5.2 %
1 Pair of Men Leather Business Shoes 110.72 $
(102.82 €)
90.91 $
(84.43 €)
     -17.9 %
Rent Per Month
Phoenix, AZ Edit Madrid Edit
Apartment (1 bedroom) in City Centre 1,569.22 $
(1,457.26 €)
1,355.46 $
(1,258.75 €)
     -13.6 %
Apartment (1 bedroom) Outside of Centre 1,391.93 $
(1,292.61 €)
975.43 $
(905.83 €)
     -29.9 %
Apartment (3 bedrooms) in City Centre 2,677.23 $
(2,486.21 €)
2,320.37 $
(2,154.81 €)
     -13.3 %
Apartment (3 bedrooms) Outside of Centre 2,335.29 $
(2,168.66 €)
1,673.77 $
(1,554.35 €)
     -28.3 %
Buy Apartment Price
Phoenix, AZ Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 319.48 $
(296.68 €)
454.40 $
(421.98 €)
     +42.2 %
Price per Square Feet to Buy Apartment Outside of Centre 268.51 $
(249.35 €)
256.73 $
(238.41 €)
     -4.4 %
Salaries And Financing
Phoenix, AZ Edit Madrid Edit
Average Monthly Net Salary (After Tax) 4,557.29 $
(4,232.13 €)
2,583.87 $
(2,399.51 €)
     -43.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.52 2.53      -61.2 %
Last update: May 2024May 2024
Contributors in the past 12 months:151530