Cost of living comparison
Madrid is 22.1% cheaper than Charlotte.
- Restaurants
-
pay 2.6% less in Madrid
- Groceries
-
pay 36.5% less in Madrid
- Transportation
-
pay 5.1% more in Madrid
- Housing
-
pay 32.8% less in Madrid
- Childcare
-
pay 58.2% less in Madrid
- Entertainment and Sports
-
pay 31.7% less in Madrid
- Clothing
-
pay 2.3% more in Madrid
The cost of transportation and clothing in Madrid are more expensive than in Charlotte. Expenses including childcare, groceries, housing, entertainment and sports, and restaurants are lower in Madrid.
If you lived in Madrid instead of Charlotte, you would:
pay 2.6% less for restaurants
Charlotte
|
Madrid
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$20.00
|
$16.08
€15.59
|
|
Fast food combo meal
McDonalds, or similar
|
$10.00
|
$10.72
€10.39
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.51
|
$2.79
€2.70
|
|
Bottle of water (11 fl. oz) |
$1.98
|
$1.80
€1.75
|
|
pay 36.5% less for groceries
Charlotte
|
Madrid
|
||
---|---|---|---|
Bread
1 loaf
|
$3.82
|
$1.50
€1.45
|
|
Local cheese (8 oz) |
$7.85
|
$6.92
€6.71
|
|
Milk (1 gallon) |
$3.98
|
$4.41
€4.27
|
|
Eggs
1 dozen
|
$3.89
|
$3.05
€2.96
|
|
Boneless chicken breast (1 lb) |
$6.67
|
$3.78
€3.67
|
|
Apples (1 lb) |
$3.30
|
$1.13
€1.09
|
|
Bananas (1 lb) |
$0.82
|
$0.87
€0.84
|
|
Oranges (1 lb) |
$2.74
|
$1.01
€0.97
|
|
Tomatoes (1 lb) |
$2.11
|
$1.05
€1.02
|
|
Potatoes (1 lb) |
$1.94
|
$0.83
€0.81
|
|
Onions (1 lb) |
$1.46
|
$0.82
€0.80
|
|
pay 5.1% more for transportation
Charlotte
|
Madrid
|
||
---|---|---|---|
Gasoline (1 gallon) |
$3.25
|
$6.79
€6.58
|
|
Monthly public transit pass |
$99.00
|
$42.87
€41.58
|
|
New Volkswagen Golf 1.4 (standard edition) |
$34,689.37
|
$35,759.38
€34,679.12
|
|
Taxi trip in downtown area (5 miles) |
$22.88
|
$14.90
€14.45
|
|
pay 32.8% less for housing
Charlotte
|
Madrid
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$76.11
|
$31.85
€30.88
|
|
1-Bedroom apartment in downtown area |
$1,996.88
|
$1,468.90
€1,424.52
|
|
1-Bedroom apartment outside city center |
$1,690.12
|
$1,074.71
€1,042.24
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$144.77
|
$130.03
€126.10
|
|
pay 58.2% less for childcare
Charlotte
|
Madrid
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$1,270.00
|
$567.57
€550.42
|
|
Middle school for 1 child, two semesters |
$25,900.00
|
$10,069.47
€9,765.28
|
|
pay 31.7% less for entertainment and sports
Charlotte
|
Madrid
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$6.00
|
$3.75
€3.64
|
|
Cappuccino in mid-range area |
$4.81
|
$2.59
€2.51
|
|
Pack of cigarettes
Marlboro or similar
|
$8.50
|
$6.43
€6.24
|
|
Monthly membership at local gym |
$52.38
|
$43.11
€41.81
|
|
Movie ticket to theater/cinema |
$16.00
|
$10.72
€10.39
|
|
pay 2.3% more for clothing
Charlotte
|
Madrid
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$57.91
|
$90.50
€87.77
|
|
Regular dress
from H&M or similar store
|
$47.71
|
$37.21
€36.09
|
|
Running shoes
Nike or Adidas
|
$112.67
|
$97.88
€94.92
|
|
Men's business shoes (leather) |
$137.67
|
$121.40
€117.73
|
|
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