Cost of living comparison
Madrid is 9.1% cheaper than Hong Kong overall.
- Restaurants
-
pay 87.5% more in Madrid
- Groceries
-
pay 32.6% less in Madrid
- Transportation
-
pay 16.6% less in Madrid
- Housing
-
pay 11.7% less in Madrid
- Childcare
-
pay 48.6% less in Madrid
- Entertainment and Sports
-
pay 43.9% less in Madrid
- Clothing
-
pay 1.9% more in Madrid
The cost of restaurants and clothing in Madrid are more expensive than in Hong Kong. Expenses including childcare, entertainment and sports, groceries, transportation, and housing are lower in Madrid. Notably, restaurants is significantly more expensive in Madrid.
If you lived in Madrid instead of Hong Kong, you would:
pay 87.5% more for restaurants
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.72
HK$60.02
|
$16.08
€15.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.33
HK$49.27
|
$10.72
€10.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.35
HK$10.47
|
$2.79
€2.70
|
|
| Bottle of water (11 fl. oz) |
$1.09
HK$8.49
|
$1.80
€1.75
|
|
pay 32.6% less for groceries
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.40
HK$18.68
|
$1.50
€1.45
|
|
| Local cheese (8 oz) |
$13.58
HK$105.63
|
$6.92
€6.71
|
|
| Milk (1 gallon) |
$12.17
HK$94.66
|
$4.41
€4.27
|
|
|
Eggs
1 dozen
|
$3.59
HK$27.95
|
$3.05
€2.96
|
|
| Boneless chicken breast (1 lb) |
$4.30
HK$33.45
|
$3.78
€3.67
|
|
| Apples (1 lb) |
$1.62
HK$12.58
|
$1.13
€1.09
|
|
| Bananas (1 lb) |
$1.19
HK$9.23
|
$0.87
€0.84
|
|
| Oranges (1 lb) |
$1.61
HK$12.51
|
$1.01
€0.97
|
|
| Tomatoes (1 lb) |
$1.51
HK$11.74
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.16
HK$9.05
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$1.14
HK$8.89
|
$0.82
€0.80
|
|
pay 16.6% less for transportation
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$11.42
HK$88.85
|
$6.79
€6.58
|
|
| Monthly public transit pass |
$64.30
HK$500.18
|
$42.87
€41.58
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,067.68
HK$264,995.42
|
$35,759.38
€34,679.12
|
|
| Taxi trip in downtown area (5 miles) |
$14.53
HK$112.99
|
$14.90
€14.45
|
|
pay 11.7% less for housing
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$21.69
HK$168.75
|
$31.85
€30.88
|
|
| 1-Bedroom apartment in downtown area |
$2,183.24
HK$16,982.31
|
$1,468.90
€1,424.52
|
|
| 1-Bedroom apartment outside city center |
$1,543.27
HK$12,004.32
|
$1,074.71
€1,042.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$187.23
HK$1,456.41
|
$130.03
€126.10
|
|
pay 48.6% less for childcare
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,002.59
HK$7,798.64
|
$567.57
€550.42
|
|
| Middle school for 1 child, two semesters |
$21,790.97
HK$169,501.04
|
$10,069.47
€9,765.28
|
|
pay 43.9% less for entertainment and sports
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$7.72
HK$60.02
|
$3.75
€3.64
|
|
| Cappuccino in mid-range area |
$5.30
HK$41.25
|
$2.59
€2.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.12
HK$102.04
|
$6.43
€6.24
|
|
| Monthly membership at local gym |
$85.27
HK$663.30
|
$43.11
€41.81
|
|
| Movie ticket to theater/cinema |
$12.86
HK$100.04
|
$10.72
€10.39
|
|
pay 1.9% more for clothing
|
Hong Kong
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$72.66
HK$565.17
|
$90.50
€87.77
|
|
|
Regular dress
from H&M or similar store
|
$40.59
HK$315.71
|
$37.21
€36.09
|
|
|
Running shoes
Nike or Adidas
|
$92.45
HK$719.16
|
$97.88
€94.92
|
|
| Men's business shoes (leather) |
$142.24
HK$1,106.40
|
$121.40
€117.73
|
|
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