Cost of living comparison
Greece is 15.2% cheaper than Madrid.
- Restaurants
-
pay 31.4% less in Greece
- Groceries
-
pay 8.5% less in Greece
- Transportation
-
pay 5.8% less in Greece
- Housing
-
pay 22.4% less in Greece
- Childcare
-
pay 32.1% less in Greece
- Entertainment and Sports
-
pay 4.9% more in Greece
- Clothing
-
pay 11.0% less in Greece
Expenses including childcare, restaurants, housing, clothing, groceries, and transportation are lower in Greece.
If you lived in Greece instead of Madrid, you would:
pay 31.4% less for restaurants
|
Madrid
|
Greece
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.29
|
$13.17
€11.71
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.53
|
$9.11
€8.09
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.48
|
$2.07
€1.84
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.60
|
$0.60
€0.53
|
|
pay 8.5% less for groceries
|
Madrid
|
Greece
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.33
|
$1.33
€1.18
|
|
| Local cheese (8 oz) |
$6.92
€6.15
|
$6.30
€5.60
|
|
| Milk (1 gallon) |
$4.41
€3.92
|
$5.99
€5.33
|
|
|
Eggs
1 dozen
|
$3.05
€2.71
|
$4.02
€3.58
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.36
|
$4.23
€3.76
|
|
| Apples (1 lb) |
$1.13
€1.00
|
$0.88
€0.78
|
|
| Bananas (1 lb) |
$0.87
€0.77
|
$0.85
€0.76
|
|
| Oranges (1 lb) |
$1.01
€0.89
|
$0.58
€0.51
|
|
| Tomatoes (1 lb) |
$1.05
€0.93
|
$0.87
€0.78
|
|
| Potatoes (1 lb) |
$0.83
€0.74
|
$0.51
€0.46
|
|
| Onions (1 lb) |
$0.82
€0.73
|
$0.57
€0.50
|
|
pay 5.8% less for transportation
|
Madrid
|
Greece
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.03
|
$7.55
€6.71
|
|
| Monthly public transit pass |
$42.87
€38.11
|
$40.19
€35.72
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€31,784.72
|
$28,316.80
€25,169.39
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.24
|
$13.82
€12.28
|
|
pay 22.4% less for housing
|
Madrid
|
Greece
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€28.31
|
$32.82
€29.17
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,305.63
|
$524.36
€466.08
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€955.26
|
$392.21
€348.61
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€115.58
|
$175.68
€156.15
|
|
pay 32.1% less for childcare
|
Madrid
|
Greece
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€504.48
|
$413.12
€367.20
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€8,950.25
|
$6,332.60
€5,628.73
|
|
pay 4.9% more for entertainment and sports
|
Madrid
|
Greece
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.33
|
$4.40
€3.91
|
|
| Cappuccino in mid-range area |
$2.59
€2.30
|
$3.49
€3.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.72
|
$4.94
€4.40
|
|
| Monthly membership at local gym |
$43.11
€38.32
|
$48.72
€43.31
|
|
| Movie ticket to theater/cinema |
$10.72
€9.53
|
$8.82
€7.84
|
|
pay 11.0% less for clothing
|
Madrid
|
Greece
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€80.44
|
$83.64
€74.34
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€33.08
|
$37.83
€33.62
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€87.00
|
$83.15
€73.91
|
|
| Men's business shoes (leather) |
$121.40
€107.90
|
$93.42
€83.04
|
|
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