Cost of living comparison
Baku is 39.3% cheaper than Madrid.
If you lived in Baku instead of Madrid, you would:
pay 53.3% less for restaurants
|
Madrid
|
Baku
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$15.16
€13.94
|
$10.00
AZN17.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.32
€9.49
|
$7.65
AZN13.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.71
€2.49
|
$0.68
AZN1.16
|
|
| Bottle of water (11 fl. oz) |
$1.81
€1.66
|
$0.38
AZN0.65
|
|
pay 43.5% less for groceries
|
Madrid
|
Baku
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.74
€1.60
|
$0.46
AZN0.77
|
|
| Local cheese (8 oz) |
$7.67
€7.05
|
$2.72
AZN4.63
|
|
| Milk (1 gallon) |
$4.36
€4.01
|
$5.25
AZN8.93
|
|
|
Eggs
1 dozen
|
$3.02
€2.77
|
$1.54
AZN2.62
|
|
| Boneless chicken breast (1 lb) |
$3.87
€3.56
|
$2.07
AZN3.51
|
|
| Apples (1 lb) |
$1.14
€1.05
|
$0.48
AZN0.81
|
|
| Bananas (1 lb) |
$0.89
€0.82
|
$0.77
AZN1.31
|
|
| Oranges (1 lb) |
$0.97
€0.89
|
$0.66
AZN1.12
|
|
| Tomatoes (1 lb) |
$1.13
€1.04
|
$0.77
AZN1.31
|
|
| Potatoes (1 lb) |
$0.72
€0.67
|
$0.29
AZN0.50
|
|
| Onions (1 lb) |
$0.77
€0.71
|
$0.23
AZN0.39
|
|
pay 57.5% less for transportation
|
Madrid
|
Baku
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.78
€6.24
|
$2.58
AZN4.38
|
|
| Monthly public transit pass |
$54.15
€49.79
|
$17.65
AZN30.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$36,133.87
€33,228.09
|
$20,588.24
AZN35,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$14.65
€13.47
|
$6.18
AZN10.50
|
|
pay 64.5% less for housing
|
Madrid
|
Baku
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$33.64
€30.93
|
$14.28
AZN24.28
|
|
| 1-Bedroom apartment in downtown area |
$1,370.72
€1,260.49
|
$481.00
AZN817.69
|
|
| 1-Bedroom apartment outside city center |
$989.21
€909.66
|
$270.59
AZN460.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$123.32
€113.40
|
$45.42
AZN77.22
|
|
pay 48.5% less for childcare
|
Madrid
|
Baku
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$543.23
€499.54
|
$232.09
AZN394.55
|
|
| Middle school for 1 child, two semesters |
$9,978.95
€9,176.48
|
$6,029.41
AZN10,250.00
|
|
pay 22.5% less for entertainment and sports
|
Madrid
|
Baku
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.79
€3.49
|
$1.47
AZN2.50
|
|
| Cappuccino in mid-range area |
$2.63
€2.41
|
$3.46
AZN5.89
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.12
€5.63
|
$3.53
AZN6.00
|
|
| Monthly membership at local gym |
$48.46
€44.57
|
$50.86
AZN86.47
|
|
| Movie ticket to theater/cinema |
$10.83
€9.96
|
$5.88
AZN10.00
|
|
pay 14.7% more for clothing
|
Madrid
|
Baku
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$83.95
€77.20
|
$59.46
AZN101.08
|
|
|
Regular dress
from H&M or similar store
|
$33.93
€31.20
|
$52.78
AZN89.73
|
|
|
Running shoes
Nike or Adidas
|
$87.19
€80.18
|
$122.21
AZN207.76
|
|
| Men's business shoes (leather) |
$99.93
€91.90
|
$92.12
AZN156.60
|
|
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