Cost of living comparison
Anchorage is 44.3% more expensive than Madrid.
- Restaurants
-
pay 18.3% more in Anchorage
- Groceries
-
pay 80.9% more in Anchorage
- Transportation
-
pay 1.4% more in Anchorage
- Housing
-
pay 2.0 times more in Anchorage
- Childcare
-
pay 36.2% more in Anchorage
- Entertainment and Sports
-
pay 81.6% more in Anchorage
- Clothing
-
pay 11.8% less in Anchorage
The cost of housing, entertainment and sports, groceries, childcare, restaurants, and transportation in Anchorage are more expensive than in Madrid. Notably, housing, entertainment and sports, and groceries are significantly more expensive in Anchorage.
If you lived in Anchorage instead of Madrid, you would:
pay 18.3% more for restaurants
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.73
|
$21.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.82
|
$11.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.55
|
$2.61
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.65
|
$2.56
|
|
pay 80.9% more for groceries
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.37
|
$4.21
|
|
| Local cheese (8 oz) |
$6.92
€6.34
|
$6.17
|
|
| Milk (1 gallon) |
$4.41
€4.04
|
$4.39
|
|
|
Eggs
1 dozen
|
$3.05
€2.80
|
$3.10
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.47
|
$5.79
|
|
| Apples (1 lb) |
$1.13
€1.03
|
$3.31
|
|
| Bananas (1 lb) |
$0.87
€0.80
|
$0.89
|
|
| Oranges (1 lb) |
$1.01
€0.92
|
$2.75
|
|
| Tomatoes (1 lb) |
$1.05
€0.96
|
$3.23
|
|
| Potatoes (1 lb) |
$0.83
€0.76
|
$0.96
|
|
| Onions (1 lb) |
$0.82
€0.75
|
$1.41
|
|
pay 1.4% more for transportation
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.22
|
$4.04
|
|
| Monthly public transit pass |
$42.87
€39.27
|
$60.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€32,757.20
|
$34,339.50
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.65
|
$16.42
|
|
pay 2.0 times more for housing
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€29.17
|
$129.33
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,345.58
|
$1,409.11
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€984.48
|
$1,166.70
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€119.11
|
$266.21
|
|
pay 36.2% more for childcare
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€519.92
|
$962.50
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,224.09
|
$10,350.00
|
|
pay 81.6% more for entertainment and sports
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.44
|
$7.50
|
|
| Cappuccino in mid-range area |
$2.59
€2.37
|
$5.15
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.89
|
$10.90
|
|
| Monthly membership at local gym |
$43.11
€39.50
|
$86.00
|
|
| Movie ticket to theater/cinema |
$10.72
€9.82
|
$15.00
|
|
pay 11.8% less for clothing
|
Madrid
|
Anchorage
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€82.90
|
$47.80
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€34.09
|
$45.00
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€89.66
|
$93.58
|
|
| Men's business shoes (leather) |
$121.40
€111.21
|
$101.25
|
|
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