Cost of Living Comparison Between Madrid and Cebu 

Indices DifferenceInfo
Cost of Living in Cebu is 36.0% lower than in Madrid (without rent)
Cost of Living Including Rent in Cebu is 49.7% lower than in Madrid
Rent Prices in Cebu are 74.4% lower than in Madrid
Restaurant Prices in Cebu are 67.5% lower than in Madrid
Groceries Prices in Cebu are 21.1% lower than in Madrid
Local Purchasing Power in Cebu is 69.9% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Cebu Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(949.32 ₱)
3.56 €
(225.00 ₱)
     -76.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(3,797.27 ₱)
17.38 €
(1,100.00 ₱)
     -71.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(632.88 ₱)
3.16 €
(200.00 ₱)
     -68.4 %
Domestic Beer (1 pint draught) 3.50 €
(221.51 ₱)
1.26 €
(80.00 ₱)
     -63.9 %
Imported Beer (12 oz small bottle) 4.00 €
(253.15 ₱)
2.29 €
(145.00 ₱)
     -42.7 %
Cappuccino (regular) 2.41 €
(152.79 ₱)
2.37 €
(150.15 ₱)
     -1.7 %
Coke/Pepsi (12 oz small bottle) 2.51 €
(158.97 ₱)
0.74 €
(47.00 ₱)
     -70.4 %
Water (12 oz small bottle) 1.64 €
(104.09 ₱)
0.48 €
(30.25 ₱)
     -70.9 %
Markets
Madrid Edit Cebu Edit
Milk (regular), (1 gallon) 4.01 €
(254.00 ₱)
6.22 €
(393.45 ₱)
     +54.9 %
Loaf of Fresh White Bread (1 lb) 1.43 €
(90.71 ₱)
1.05 €
(66.34 ₱)
     -26.9 %
Rice (white), (1 lb) 0.67 €
(42.46 ₱)
0.39 €
(24.89 ₱)
     -41.4 %
Eggs (regular) (12) 2.79 €
(176.28 ₱)
1.88 €
(118.67 ₱)
     -32.7 %
Local Cheese (1 lb) 6.42 €
(406.58 ₱)
3.87 €
(244.94 ₱)
     -39.8 %
Chicken Fillets (1 lb) 3.58 €
(226.47 ₱)
2.11 €
(133.70 ₱)
     -41.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.53 €
(413.42 ₱)
3.00 €
(189.56 ₱)
     -54.1 %
Apples (1 lb) 1.05 €
(66.40 ₱)
1.37 €
(86.94 ₱)
     +30.9 %
Banana (1 lb) 0.82 €
(52.20 ₱)
0.53 €
(33.50 ₱)
     -35.8 %
Oranges (1 lb) 0.89 €
(56.51 ₱)
1.79 €
(113.04 ₱)
     +100.0 %
Tomato (1 lb) 1.04 €
(65.65 ₱)
0.79 €
(50.18 ₱)
     -23.6 %
Potato (1 lb) 0.67 €
(42.36 ₱)
0.86 €
(54.43 ₱)
     +28.5 %
Onion (1 lb) 0.71 €
(44.89 ₱)
1.56 €
(98.66 ₱)
     +119.8 %
Lettuce (1 head) 1.22 €
(77.21 ₱)
0.95 €
(60.00 ₱)
     -22.3 %
Water (1.5 liter bottle) 0.90 €
(57.14 ₱)
0.65 €
(40.86 ₱)
     -28.5 %
Bottle of Wine (Mid-Range) 6.00 €
(379.73 ₱)
6.32 €
(400.00 ₱)
     +5.3 %
Domestic Beer (0.5 liter bottle) 1.23 €
(77.66 ₱)
1.18 €
(74.89 ₱)
     -3.6 %
Imported Beer (12 oz small bottle) 1.86 €
(118.02 ₱)
2.12 €
(134.00 ₱)
     +13.5 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(357.58 ₱)
2.37 €
(150.00 ₱)
     -58.1 %
Transportation
Madrid Edit Cebu Edit
One-way Ticket (Local Transport) 1.50 €
(94.93 ₱)
0.24 €
(15.00 ₱)
     -84.2 %
Monthly Pass (Regular Price) 52.00 €
(3,290.97 ₱)
13.43 €
(850.00 ₱)
     -74.2 %
Taxi Start (Normal Tariff) 3.12 €
(197.77 ₱)
0.66 €
(42.00 ₱)
     -78.8 %
Taxi 1 mile (Normal Tariff) 2.09 €
(132.41 ₱)
0.36 €
(22.53 ₱)
     -83.0 %
Taxi 1hour Waiting (Normal Tariff) 22.25 €
(1,408.16 ₱)
2.37 €
(150.00 ₱)
     -89.3 %
Gasoline (1 gallon) 6.26 €
(396.42 ₱)
4.08 €
(258.36 ₱)
     -34.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(2,111,599.82 ₱)
26,861.39 €
(1,700,000.00 ₱)
     -19.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(1,747,994.35 ₱)
16,725.16 €
(1,058,500.00 ₱)
     -39.4 %
Utilities (Monthly)
Madrid Edit Cebu Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 147.79 €
(9,353.17 ₱)
98.51 €
(6,234.38 ₱)
     -33.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.34 €
(970.54 ₱)
34.22 €
(2,166.00 ₱)
     +123.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.46 €
(1,927.55 ₱)
31.00 €
(1,962.12 ₱)
     +1.8 %
Sports And Leisure
Madrid Edit Cebu Edit
Fitness Club, Monthly Fee for 1 Adult 44.63 €
(2,824.80 ₱)
23.70 €
(1,500.00 ₱)
     -46.9 %
Tennis Court Rent (1 Hour on Weekend) 13.23 €
(837.06 ₱)
5.00 €
(316.67 ₱)
     -62.2 %
Cinema, International Release, 1 Seat 10.00 €
(632.88 ₱)
4.19 €
(265.00 ₱)
     -58.1 %
Childcare
Madrid Edit Cebu Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 501.60 €
(31,745.20 ₱)
198.17 €
(12,541.67 ₱)
     -60.5 %
International Primary School, Yearly for 1 Child 9,214.29 €
(583,152.53 ₱)
3,357.67 €
(212,500.00 ₱)
     -63.6 %
Clothing And Shoes
Madrid Edit Cebu Edit
1 Pair of Jeans (Levis 501 Or Similar) 77.78 €
(4,922.77 ₱)
40.18 €
(2,542.86 ₱)
     -48.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.56 €
(1,997.27 ₱)
21.59 €
(1,366.67 ₱)
     -31.6 %
1 Pair of Nike Running Shoes (Mid-Range) 80.75 €
(5,110.50 ₱)
63.20 €
(4,000.00 ₱)
     -21.7 %
1 Pair of Men Leather Business Shoes 92.28 €
(5,839.94 ₱)
56.62 €
(3,583.33 ₱)
     -38.6 %
Rent Per Month
Madrid Edit Cebu Edit
Apartment (1 bedroom) in City Centre 1,290.82 €
(81,693.02 ₱)
440.17 €
(27,857.14 ₱)
     -65.9 %
Apartment (1 bedroom) Outside of Centre 936.96 €
(59,297.98 ₱)
218.05 €
(13,800.00 ₱)
     -76.7 %
Apartment (3 bedrooms) in City Centre 2,219.39 €
(140,460.33 ₱)
539.86 €
(34,166.67 ₱)
     -75.7 %
Apartment (3 bedrooms) Outside of Centre 1,597.73 €
(101,116.76 ₱)
347.62 €
(22,000.00 ₱)
     -78.2 %
Buy Apartment Price
Madrid Edit Cebu Edit
Price per Square Feet to Buy Apartment in City Centre 440.90 €
(27,903.34 ₱)
289.78 €
(18,339.61 ₱)
     -34.3 %
Price per Square Feet to Buy Apartment Outside of Centre 255.51 €
(16,170.96 ₱)
103.30 €
(6,537.57 ₱)
     -59.6 %
Salaries And Financing
Madrid Edit Cebu Edit
Average Monthly Net Salary (After Tax) 2,309.16 €
(146,141.83 ₱)
349.54 €
(22,121.38 ₱)
     -84.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.80 7.67      +174.3 %
Last update: May 2024May 2024
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