Cost of living comparison
Madrid is 17.5% cheaper than Innsbruck.
- Restaurants
-
pay 18.1% less in Madrid
- Groceries
-
pay 23.1% less in Madrid
- Transportation
-
pay 11.9% less in Madrid
- Housing
-
pay 10.2% less in Madrid
- Childcare
-
pay 21.1% less in Madrid
- Entertainment and Sports
-
pay 18.7% less in Madrid
- Clothing
-
pay 19.4% less in Madrid
Expenses including groceries, childcare, clothing, entertainment and sports, restaurants, and transportation are lower in Madrid.
If you lived in Madrid instead of Innsbruck, you would:
pay 18.1% less for restaurants
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.13
€12.73
|
$16.08
€15.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.39
|
$10.72
€10.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$4.29
€4.16
|
$2.79
€2.70
|
|
| Bottle of water (11 fl. oz) |
$3.09
€2.99
|
$1.80
€1.75
|
|
pay 23.1% less for groceries
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.88
€2.79
|
$1.50
€1.45
|
|
| Local cheese (8 oz) |
$9.91
€9.61
|
$6.92
€6.71
|
|
| Milk (1 gallon) |
$6.28
€6.09
|
$4.41
€4.27
|
|
|
Eggs
1 dozen
|
$4.81
€4.67
|
$3.05
€2.96
|
|
| Boneless chicken breast (1 lb) |
$5.47
€5.30
|
$3.78
€3.67
|
|
| Apples (1 lb) |
$1.26
€1.23
|
$1.13
€1.09
|
|
| Bananas (1 lb) |
$1.00
€0.97
|
$0.87
€0.84
|
|
| Oranges (1 lb) |
$1.12
€1.09
|
$1.01
€0.97
|
|
| Tomatoes (1 lb) |
$2.11
€2.04
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$0.80
€0.78
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$0.81
€0.78
|
$0.82
€0.80
|
|
pay 11.9% less for transportation
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.28
€6.09
|
$6.79
€6.58
|
|
| Monthly public transit pass |
$63.98
€62.05
|
$42.87
€41.58
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$28,937.60
€28,063.43
|
$35,759.38
€34,679.12
|
|
| Taxi trip in downtown area (5 miles) |
$27.71
€26.87
|
$14.90
€14.45
|
|
pay 10.2% less for housing
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$37.77
€36.63
|
$31.85
€30.88
|
|
| 1-Bedroom apartment in downtown area |
$1,214.66
€1,177.97
|
$1,468.90
€1,424.52
|
|
| 1-Bedroom apartment outside city center |
$1,014.01
€983.37
|
$1,074.71
€1,042.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$271.49
€263.29
|
$130.03
€126.10
|
|
pay 21.1% less for childcare
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$653.51
€633.77
|
$567.57
€550.42
|
|
| Middle school for 1 child, two semesters |
$14,183.00
€13,754.54
|
$10,069.47
€9,765.28
|
|
pay 18.7% less for entertainment and sports
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.82
€4.68
|
$3.75
€3.64
|
|
| Cappuccino in mid-range area |
$4.07
€3.95
|
$2.59
€2.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.97
€6.76
|
$6.43
€6.24
|
|
| Monthly membership at local gym |
$48.23
€46.77
|
$43.11
€41.81
|
|
| Movie ticket to theater/cinema |
$12.86
€12.47
|
$10.72
€10.39
|
|
pay 19.4% less for clothing
|
Innsbruck
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$111.64
€108.27
|
$90.50
€87.77
|
|
|
Regular dress
from H&M or similar store
|
$45.66
€44.28
|
$37.21
€36.09
|
|
|
Running shoes
Nike or Adidas
|
$113.37
€109.95
|
$97.88
€94.92
|
|
| Men's business shoes (leather) |
$164.84
€159.86
|
$121.40
€117.73
|
|
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