Cost of living comparison
Madrid is 15.7% cheaper than Anchorage.
- Restaurants
-
pay 13.2% less in Madrid
- Groceries
-
pay 31.1% less in Madrid
- Transportation
-
pay 8.6% more in Madrid
- Housing
-
pay 32.6% less in Madrid
- Childcare
-
pay 21.9% less in Madrid
- Entertainment and Sports
-
pay 43.8% less in Madrid
- Clothing
-
pay 24.1% more in Madrid
The cost of clothing and transportation in Madrid are more expensive than in Anchorage. Expenses including entertainment and sports, housing, groceries, childcare, and restaurants are lower in Madrid.
If you lived in Madrid instead of Anchorage, you would:
pay 13.2% less for restaurants
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$21.00
|
$16.08
€14.73
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.50
|
$10.72
€9.82
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.61
|
$2.79
€2.55
|
|
| Bottle of water (11 fl. oz) |
$2.56
|
$1.80
€1.65
|
|
pay 31.1% less for groceries
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.21
|
$1.50
€1.37
|
|
| Local cheese (8 oz) |
$6.17
|
$6.92
€6.34
|
|
| Milk (1 gallon) |
$4.39
|
$4.41
€4.04
|
|
|
Eggs
1 dozen
|
$3.10
|
$3.05
€2.80
|
|
| Boneless chicken breast (1 lb) |
$5.79
|
$3.78
€3.47
|
|
| Apples (1 lb) |
$3.31
|
$1.13
€1.03
|
|
| Bananas (1 lb) |
$0.89
|
$0.87
€0.80
|
|
| Oranges (1 lb) |
$2.75
|
$1.01
€0.92
|
|
| Tomatoes (1 lb) |
$3.23
|
$1.05
€0.96
|
|
| Potatoes (1 lb) |
$0.96
|
$0.83
€0.76
|
|
| Onions (1 lb) |
$1.41
|
$0.82
€0.75
|
|
pay 8.6% more for transportation
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.04
|
$6.79
€6.22
|
|
| Monthly public transit pass |
$60.00
|
$42.87
€39.27
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,339.50
|
$35,759.38
€32,757.20
|
|
| Taxi trip in downtown area (5 miles) |
$16.42
|
$14.90
€13.65
|
|
pay 32.6% less for housing
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$129.33
|
$31.85
€29.17
|
|
| 1-Bedroom apartment in downtown area |
$1,409.11
|
$1,468.90
€1,345.58
|
|
| 1-Bedroom apartment outside city center |
$1,166.70
|
$1,074.71
€984.48
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$266.21
|
$130.03
€119.11
|
|
pay 21.9% less for childcare
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$962.50
|
$567.57
€519.92
|
|
| Middle school for 1 child, two semesters |
$10,350.00
|
$10,069.47
€9,224.09
|
|
pay 43.8% less for entertainment and sports
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.50
|
$3.75
€3.44
|
|
| Cappuccino in mid-range area |
$5.15
|
$2.59
€2.37
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.90
|
$6.43
€5.89
|
|
| Monthly membership at local gym |
$86.00
|
$43.11
€39.50
|
|
| Movie ticket to theater/cinema |
$15.00
|
$10.72
€9.82
|
|
pay 24.1% more for clothing
|
Anchorage
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$47.80
|
$90.50
€82.90
|
|
|
Regular dress
from H&M or similar store
|
$45.00
|
$37.21
€34.09
|
|
|
Running shoes
Nike or Adidas
|
$93.58
|
$97.88
€89.66
|
|
| Men's business shoes (leather) |
$101.25
|
$121.40
€111.21
|
|
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