Cost of living comparison
Madrid is 38.3% more expensive than Latvia overall.
- Restaurants
-
pay 66.8% more in Madrid
- Groceries
-
pay 35.5% more in Madrid
- Transportation
-
pay 28.3% more in Madrid
- Housing
-
pay 2.2 times more in Madrid
- Childcare
-
pay 4.0% more in Madrid
- Entertainment and Sports
-
pay 3.9% more in Madrid
- Clothing
-
pay 5.2% more in Madrid
The cost of housing, restaurants, groceries, transportation, clothing, and childcare in Madrid are more expensive than in Latvia. Notably, housing is significantly more expensive in Madrid.
If you lived in Madrid instead of Latvia, you would:
pay 66.8% more for restaurants
|
Latvia
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$10.23
€9.40
|
$16.08
€14.78
|
|
|
Fast food combo meal
McDonalds, or similar
|
$7.08
€6.51
|
$10.72
€9.86
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.37
€1.26
|
$2.79
€2.56
|
|
| Bottle of water (11 fl. oz) |
$1.17
€1.07
|
$1.80
€1.66
|
|
pay 35.5% more for groceries
|
Latvia
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.36
€1.25
|
$1.50
€1.38
|
|
| Local cheese (8 oz) |
$5.17
€4.76
|
$6.92
€6.37
|
|
| Milk (1 gallon) |
$4.66
€4.28
|
$4.41
€4.05
|
|
|
Eggs
1 dozen
|
$2.72
€2.50
|
$3.05
€2.81
|
|
| Boneless chicken breast (1 lb) |
$3.05
€2.81
|
$3.78
€3.48
|
|
| Apples (1 lb) |
$0.58
€0.54
|
$1.13
€1.03
|
|
| Bananas (1 lb) |
$0.77
€0.71
|
$0.87
€0.80
|
|
| Oranges (1 lb) |
$1.04
€0.96
|
$1.01
€0.92
|
|
| Tomatoes (1 lb) |
$1.39
€1.28
|
$1.05
€0.96
|
|
| Potatoes (1 lb) |
$0.38
€0.35
|
$0.83
€0.77
|
|
| Onions (1 lb) |
$0.37
€0.34
|
$0.82
€0.75
|
|
pay 28.3% more for transportation
|
Latvia
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.76
€6.21
|
$6.79
€6.24
|
|
| Monthly public transit pass |
$39.41
€36.24
|
$42.87
€39.42
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$25,606.21
€23,547.03
|
$35,759.38
€32,883.71
|
|
| Taxi trip in downtown area (5 miles) |
$9.07
€8.34
|
$14.90
€13.70
|
|
pay 2.2 times more for housing
|
Latvia
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.22
€15.84
|
$31.85
€29.29
|
|
| 1-Bedroom apartment in downtown area |
$467.65
€430.04
|
$1,468.90
€1,350.77
|
|
| 1-Bedroom apartment outside city center |
$322.68
€296.73
|
$1,074.71
€988.29
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$196.83
€181.00
|
$130.03
€119.57
|
|
pay 4.0% more for childcare
|
Latvia
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$427.69
€393.30
|
$567.57
€521.93
|
|
| Middle school for 1 child, two semesters |
$13,383.30
€12,307.05
|
$10,069.47
€9,259.71
|
|
pay 3.9% more for entertainment and sports
|
Latvia
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.87
€3.56
|
$3.75
€3.45
|
|
| Cappuccino in mid-range area |
$3.06
€2.82
|
$2.59
€2.38
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.95
€4.55
|
$6.43
€5.91
|
|
| Monthly membership at local gym |
$42.71
€39.27
|
$43.11
€39.65
|
|
| Movie ticket to theater/cinema |
$10.00
€9.20
|
$10.72
€9.86
|
|
pay 5.2% more for clothing
|
Latvia
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$76.51
€70.35
|
$90.50
€83.22
|
|
|
Regular dress
from H&M or similar store
|
$43.17
€39.70
|
$37.21
€34.22
|
|
|
Running shoes
Nike or Adidas
|
$84.42
€77.63
|
$97.88
€90.01
|
|
| Men's business shoes (leather) |
$120.68
€110.97
|
$121.40
€111.64
|
|
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