Cost of Living Comparison Between Miami, FL and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 32.2% lower than in Miami, FL (without rent) | |
| Consumer Prices Including Rent in Madrid are 43.2% lower than in Miami, FL | |
| Rent Prices in Madrid are 56.3% lower than in Miami, FL | |
| Restaurant Prices in Madrid are 37.7% lower than in Miami, FL | |
| Groceries Prices in Madrid are 31.3% lower than in Miami, FL | |
| Local Purchasing Power in Madrid is 8.6% higher than in Miami, FL | |
Restaurants | Miami, FL Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
25.00 $ (23.40 €) |
14.96 $ (14.00 €) |
-40.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
100.00 $ (93.60 €) |
64.10 $ (60.00 €) |
-35.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.23 €) |
9.62 $ (9.00 €) |
-19.9 % |
| Domestic Beer (1 pint draught) |
7.00 $ (6.55 €) |
3.71 $ (3.48 €) |
-47.0 % |
| Imported Beer (12 oz small bottle) |
8.00 $ (7.49 €) |
3.74 $ (3.50 €) |
-53.3 % |
| Cappuccino (regular) |
4.76 $ (4.46 €) |
2.50 $ (2.34 €) |
-47.6 % |
| Coke/Pepsi (12 oz small bottle) |
2.72 $ (2.54 €) |
2.56 $ (2.40 €) |
-5.6 % |
| Water (12 oz small bottle) |
2.16 $ (2.02 €) |
1.65 $ (1.55 €) |
-23.4 % |
Markets | Miami, FL Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
4.36 $ (4.08 €) |
4.30 $ (4.03 €) |
-1.3 % |
| Loaf of Fresh White Bread (1 lb) |
3.40 $ (3.18 €) |
1.41 $ (1.32 €) |
-58.4 % |
| Rice (white), (1 lb) |
1.78 $ (1.66 €) |
0.70 $ (0.66 €) |
-60.5 % |
| Eggs (regular) (12) |
3.79 $ (3.55 €) |
2.97 $ (2.78 €) |
-21.7 % |
| Local Cheese (1 lb) |
5.97 $ (5.59 €) |
6.27 $ (5.86 €) |
+4.9 % |
| Chicken Fillets (1 lb) |
4.87 $ (4.56 €) |
3.65 $ (3.42 €) |
-25.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.30 $ (5.90 €) |
6.58 $ (6.16 €) |
+4.4 % |
| Apples (1 lb) |
2.63 $ (2.46 €) |
1.08 $ (1.01 €) |
-59.1 % |
| Banana (1 lb) |
0.85 $ (0.80 €) |
0.86 $ (0.80 €) |
+0.6 % |
| Oranges (1 lb) |
1.66 $ (1.55 €) |
0.87 $ (0.81 €) |
-47.6 % |
| Tomato (1 lb) |
2.03 $ (1.90 €) |
1.11 $ (1.04 €) |
-45.3 % |
| Potato (1 lb) |
1.07 $ (1.00 €) |
0.67 $ (0.62 €) |
-37.7 % |
| Onion (1 lb) |
1.42 $ (1.33 €) |
0.72 $ (0.67 €) |
-49.3 % |
| Lettuce (1 head) |
2.51 $ (2.35 €) |
1.29 $ (1.21 €) |
-48.6 % |
| Water (1.5 liter bottle) |
2.07 $ (1.94 €) |
0.94 $ (0.88 €) |
-54.5 % |
| Bottle of Wine (Mid-Range) |
12.99 $ (12.16 €) |
6.41 $ (6.00 €) |
-50.7 % |
| Domestic Beer (0.5 liter bottle) |
2.00 $ (1.87 €) |
1.22 $ (1.14 €) |
-38.7 % |
| Imported Beer (12 oz small bottle) |
2.37 $ (2.22 €) |
1.93 $ (1.80 €) |
-18.7 % |
| Cigarettes 20 Pack (Marlboro) |
9.00 $ (8.42 €) |
6.01 $ (5.62 €) |
-33.2 % |
Transportation | Miami, FL Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.25 $ (2.11 €) |
1.60 $ (1.50 €) |
-28.8 % |
| Monthly Pass (Regular Price) |
120.00 $ (112.32 €) |
42.73 $ (40.00 €) |
-64.4 % |
| Taxi Start (Normal Tariff) |
2.98 $ (2.78 €) |
3.21 $ (3.00 €) |
+7.7 % |
| Taxi 1 mile (Normal Tariff) |
2.10 $ (1.97 €) |
2.06 $ (1.93 €) |
-1.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
24.00 $ (22.46 €) |
23.50 $ (22.00 €) |
-2.1 % |
| Gasoline (1 gallon) |
3.45 $ (3.23 €) |
6.64 $ (6.22 €) |
+92.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (32,761.19 €) |
35,645.07 $ (33,365.00 €) |
+1.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24,955.19 $ (23,358.91 €) |
29,507.19 $ (27,619.74 €) |
+18.2 % |
Utilities (Monthly) | Miami, FL Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
170.11 $ (159.23 €) |
148.40 $ (138.91 €) |
-12.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
59.88 $ (56.05 €) |
14.67 $ (13.73 €) |
-75.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
61.91 $ (57.95 €) |
31.58 $ (29.56 €) |
-49.0 % |
Sports And Leisure | Miami, FL Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
76.77 $ (71.86 €) |
46.29 $ (43.33 €) |
-39.7 % |
| Tennis Court Rent (1 Hour on Weekend) |
23.86 $ (22.33 €) |
10.47 $ (9.80 €) |
-56.1 % |
| Cinema, International Release, 1 Seat |
15.00 $ (14.04 €) |
10.68 $ (10.00 €) |
-28.8 % |
Childcare | Miami, FL Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1,162.50 $ (1,088.14 €) |
522.46 $ (489.04 €) |
-55.1 % |
| International Primary School, Yearly for 1 Child |
28,333.33 $ (26,520.96 €) |
9,681.17 $ (9,061.90 €) |
-65.8 % |
Clothing And Shoes | Miami, FL Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
46.50 $ (43.53 €) |
71.72 $ (67.13 €) |
+54.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
43.12 $ (40.37 €) |
29.19 $ (27.32 €) |
-32.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.28 $ (75.14 €) |
79.90 $ (74.79 €) |
-0.5 % |
| 1 Pair of Men Leather Business Shoes |
96.67 $ (90.48 €) |
87.28 $ (81.70 €) |
-9.7 % |
Rent Per Month | Miami, FL Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
2,800.86 $ (2,621.70 €) |
1,272.26 $ (1,190.88 €) |
-54.6 % |
| Apartment (1 bedroom) Outside of Centre |
2,064.29 $ (1,932.25 €) |
927.57 $ (868.24 €) |
-55.1 % |
| Apartment (3 bedrooms) in City Centre |
5,249.12 $ (4,913.35 €) |
2,219.14 $ (2,077.19 €) |
-57.7 % |
| Apartment (3 bedrooms) Outside of Centre |
3,635.93 $ (3,403.35 €) |
1,588.84 $ (1,487.21 €) |
-56.3 % |
Buy Apartment Price | Miami, FL Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
583.91 $ (546.56 €) |
439.62 $ (411.50 €) |
-24.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
354.00 $ (331.35 €) |
252.45 $ (236.31 €) |
-28.7 % |
Salaries And Financing | Miami, FL Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
4,289.41 $ (4,015.03 €) |
2,644.25 $ (2,475.10 €) |
-38.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.57 | 2.48 | -62.3 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 148 | 581 |
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 |