Cost of living comparison
Madrid is 2.1% cheaper than Arkansas.
- Restaurants
-
pay 4.5% more in Madrid
- Groceries
-
pay 12.0% less in Madrid
- Transportation
-
pay 43.0% more in Madrid
- Housing
-
pay 6.8% less in Madrid
- Childcare
-
pay 50.0% less in Madrid
- Entertainment and Sports
-
pay 23.8% less in Madrid
- Clothing
-
pay 30.5% more in Madrid
The cost of transportation, clothing, and restaurants in Madrid are more expensive than in Arkansas. Expenses including childcare, entertainment and sports, groceries, and housing are lower in Madrid.
If you lived in Madrid instead of Arkansas, you would:
pay 4.5% more for restaurants
Arkansas
|
Madrid
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$15.17
|
$16.08
€15.59
|
|
Fast food combo meal
McDonalds, or similar
|
$10.46
|
$10.72
€10.39
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.44
|
$2.79
€2.70
|
|
Bottle of water (11 fl. oz) |
$1.90
|
$1.80
€1.75
|
|
pay 12.0% less for groceries
Arkansas
|
Madrid
|
||
---|---|---|---|
Bread
1 loaf
|
$2.98
|
$1.50
€1.45
|
|
Local cheese (8 oz) |
$4.73
|
$6.92
€6.71
|
|
Milk (1 gallon) |
$3.83
|
$4.41
€4.27
|
|
Eggs
1 dozen
|
$2.98
|
$3.05
€2.96
|
|
Boneless chicken breast (1 lb) |
$3.79
|
$3.78
€3.67
|
|
Apples (1 lb) |
$2.13
|
$1.13
€1.09
|
|
Bananas (1 lb) |
$0.67
|
$0.87
€0.84
|
|
Oranges (1 lb) |
$1.47
|
$1.01
€0.97
|
|
Tomatoes (1 lb) |
$1.69
|
$1.05
€1.02
|
|
Potatoes (1 lb) |
$1.23
|
$0.83
€0.81
|
|
Onions (1 lb) |
$1.14
|
$0.82
€0.80
|
|
pay 43.0% more for transportation
Arkansas
|
Madrid
|
||
---|---|---|---|
Gasoline (1 gallon) |
$2.96
|
$6.79
€6.58
|
|
Monthly public transit pass |
$35.50
|
$42.87
€41.58
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,279.05
|
$35,759.38
€34,679.12
|
|
Taxi trip in downtown area (5 miles) |
$14.85
|
$14.90
€14.45
|
|
pay 6.8% less for housing
Arkansas
|
Madrid
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$64.15
|
$31.85
€30.88
|
|
1-Bedroom apartment in downtown area |
$1,193.14
|
$1,468.90
€1,424.52
|
|
1-Bedroom apartment outside city center |
$915.13
|
$1,074.71
€1,042.24
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$157.55
|
$130.03
€126.10
|
|
pay 50.0% less for childcare
Arkansas
|
Madrid
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,045.28
|
$567.57
€550.42
|
|
Middle school for 1 child, two semesters |
$22,080.00
|
$10,069.47
€9,765.28
|
|
pay 23.8% less for entertainment and sports
Arkansas
|
Madrid
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$5.33
|
$3.75
€3.64
|
|
Cappuccino in mid-range area |
$5.13
|
$2.59
€2.51
|
|
Pack of cigarettes
Marlboro or similar
|
$7.77
|
$6.43
€6.24
|
|
Monthly membership at local gym |
$45.86
|
$43.11
€41.81
|
|
Movie ticket to theater/cinema |
$12.83
|
$10.72
€10.39
|
|
pay 30.5% more for clothing
Arkansas
|
Madrid
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$46.46
|
$90.50
€87.77
|
|
Regular dress
from H&M or similar store
|
$39.79
|
$37.21
€36.09
|
|
Running shoes
Nike or Adidas
|
$86.01
|
$97.88
€94.92
|
|
Men's business shoes (leather) |
$101.19
|
$121.40
€117.73
|
|
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