Cost of living comparison
Madrid is 2.6% more expensive than Gibraltar.
- Restaurants
-
pay 0.5% less in Madrid
- Groceries
-
pay 21.6% less in Madrid
- Transportation
-
pay 99.8% more in Madrid
- Housing
-
pay 9.3% less in Madrid
- Childcare
-
pay 33.1% less in Madrid
- Entertainment and Sports
-
pay 10.6% less in Madrid
- Clothing
-
pay 6.7% less in Madrid
Expenses including childcare, groceries, entertainment and sports, housing, clothing, and restaurants are lower in Madrid. Notably, transportation is significantly more expensive in Madrid.
If you lived in Madrid instead of Gibraltar, you would:
pay 0.5% less for restaurants
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.66
GIP16.00
|
$16.08
€14.78
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.98
GIP8.50
|
$10.72
€9.86
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.15
GIP1.67
|
$2.79
€2.56
|
|
| Bottle of water (11 fl. oz) |
$1.94
GIP1.50
|
$1.80
€1.66
|
|
pay 21.6% less for groceries
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.78
GIP1.37
|
$1.50
€1.38
|
|
| Local cheese (8 oz) |
$4.65
GIP3.60
|
$6.92
€6.37
|
|
| Milk (1 gallon) |
$8.40
GIP6.50
|
$4.41
€4.05
|
|
|
Eggs
1 dozen
|
$3.80
GIP2.94
|
$3.05
€2.81
|
|
| Boneless chicken breast (1 lb) |
$3.99
GIP3.09
|
$3.78
€3.48
|
|
| Apples (1 lb) |
$1.83
GIP1.42
|
$1.13
€1.03
|
|
| Bananas (1 lb) |
$1.61
GIP1.25
|
$0.87
€0.80
|
|
| Oranges (1 lb) |
$1.86
GIP1.44
|
$1.01
€0.92
|
|
| Tomatoes (1 lb) |
$1.76
GIP1.36
|
$1.05
€0.96
|
|
| Potatoes (1 lb) |
$1.05
GIP0.81
|
$0.83
€0.77
|
|
| Onions (1 lb) |
$0.88
GIP0.68
|
$0.82
€0.75
|
|
pay 99.8% more for transportation
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.96
GIP4.61
|
$6.79
€6.24
|
|
| Monthly public transit pass |
$8.33
GIP6.45
|
$42.87
€39.42
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,804.11
GIP24,618.10
|
$35,759.38
€32,883.71
|
|
| Taxi trip in downtown area (5 miles) |
$25.57
GIP19.79
|
$14.90
€13.70
|
|
pay 9.3% less for housing
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$54.78
GIP42.40
|
$31.85
€29.29
|
|
| 1-Bedroom apartment in downtown area |
$1,685.73
GIP1,304.84
|
$1,468.90
€1,350.77
|
|
| 1-Bedroom apartment outside city center |
$1,569.58
GIP1,214.94
|
$1,074.71
€988.29
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$87.28
GIP67.56
|
$130.03
€119.57
|
|
pay 33.1% less for childcare
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$825.15
GIP638.71
|
$567.57
€521.93
|
|
| Middle school for 1 child, two semesters |
$15,498.45
GIP11,996.64
|
$10,069.47
€9,259.71
|
|
pay 10.6% less for entertainment and sports
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.17
GIP4.00
|
$3.75
€3.45
|
|
| Cappuccino in mid-range area |
$3.14
GIP2.43
|
$2.59
€2.38
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.65
GIP3.60
|
$6.43
€5.91
|
|
| Monthly membership at local gym |
$76.95
GIP59.57
|
$43.11
€39.65
|
|
| Movie ticket to theater/cinema |
$10.98
GIP8.50
|
$10.72
€9.86
|
|
pay 6.7% less for clothing
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$128.35
GIP99.35
|
$90.50
€83.22
|
|
|
Regular dress
from H&M or similar store
|
$42.78
GIP33.12
|
$37.21
€34.22
|
|
|
Running shoes
Nike or Adidas
|
$130.95
GIP101.36
|
$97.88
€90.01
|
|
| Men's business shoes (leather) |
$86.10
GIP66.65
|
$121.40
€111.64
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Madrid or Gibraltar. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.