Cost of living comparison
Italy is 6.3% cheaper than Madrid.
If you lived in Italy instead of Madrid, you would:
pay 11.6% less for restaurants
Madrid
|
Italy
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.08
€15.31
|
$16.15
€15.38
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.21
|
$10.06
€9.58
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.65
|
$2.55
€2.43
|
|
Bottle of water (11 fl. oz) |
$1.80
€1.72
|
$1.22
€1.16
|
|
pay 8.6% more for groceries
Madrid
|
Italy
|
||
---|---|---|---|
Bread
1 loaf
|
$1.50
€1.43
|
$2.04
€1.94
|
|
Local cheese (8 oz) |
$6.92
€6.59
|
$6.83
€6.51
|
|
Milk (1 gallon) |
$4.41
€4.20
|
$5.53
€5.27
|
|
Eggs
1 dozen
|
$3.05
€2.91
|
$3.41
€3.24
|
|
Boneless chicken breast (1 lb) |
$3.78
€3.60
|
$5.05
€4.81
|
|
Apples (1 lb) |
$1.13
€1.07
|
$0.97
€0.92
|
|
Bananas (1 lb) |
$0.87
€0.83
|
$0.85
€0.81
|
|
Oranges (1 lb) |
$1.01
€0.96
|
$1.04
€0.99
|
|
Tomatoes (1 lb) |
$1.05
€1.00
|
$1.31
€1.25
|
|
Potatoes (1 lb) |
$0.83
€0.79
|
$0.76
€0.72
|
|
Onions (1 lb) |
$0.82
€0.78
|
$0.71
€0.68
|
|
pay 1.1% more for transportation
Madrid
|
Italy
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
€6.46
|
$7.22
€6.88
|
|
Monthly public transit pass |
$42.87
€40.82
|
$38.81
€36.95
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,050.08
|
$28,223.13
€26,874.07
|
|
Taxi trip in downtown area (5 miles) |
$14.90
€14.19
|
$19.13
€18.22
|
|
pay 25.3% less for housing
Madrid
|
Italy
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.32
|
$28.87
€27.49
|
|
1-Bedroom apartment in downtown area |
$1,468.90
€1,398.68
|
$656.19
€624.82
|
|
1-Bedroom apartment outside city center |
$1,074.71
€1,023.34
|
$511.91
€487.44
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€123.82
|
$150.39
€143.20
|
|
pay 8.2% less for childcare
Madrid
|
Italy
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$567.57
€540.44
|
$508.72
€484.40
|
|
Middle school for 1 child, two semesters |
$10,069.47
€9,588.15
|
$9,465.55
€9,013.09
|
|
pay 0.8% more for entertainment and sports
Madrid
|
Italy
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.75
€3.57
|
$5.01
€4.77
|
|
Cappuccino in mid-range area |
$2.59
€2.46
|
$1.69
€1.61
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.12
|
$6.20
€5.90
|
|
Monthly membership at local gym |
$43.11
€41.05
|
$52.12
€49.63
|
|
Movie ticket to theater/cinema |
$10.72
€10.21
|
$9.39
€8.94
|
|
pay 9.8% less for clothing
Madrid
|
Italy
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$90.50
€86.17
|
$78.41
€74.66
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.43
|
$33.87
€32.25
|
|
Running shoes
Nike or Adidas
|
$97.88
€93.20
|
$86.07
€81.95
|
|
Men's business shoes (leather) |
$121.40
€115.59
|
$115.43
€109.91
|
|
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