Cost of living comparison

compared to

Miami is 59.0% more expensive than Madrid.

If you lived in Miami instead of Madrid, you would:

Display currency: USD

pay 36.7% more for restaurants

 
Madrid
Miami
Basic meal with drink at inexpensive restaurant $16.08
€15.31
$28.09
 
Fast food combo meal
McDonalds, or similar
$10.72
€10.21
$12.00
 
Bottle of Coca-Cola (11 fl. oz) $2.79
€2.65
$3.23
 

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pay 61.3% more for groceries

 
Madrid
Miami
Bread
1 loaf
$1.50
€1.43
$4.00
 
Local cheese (8 oz) $6.92
€6.59
$7.57
 
Milk (1 gallon) $4.41
€4.20
$4.40
 

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pay 28.4% more for transportation

 
Madrid
Miami
Gasoline (1 gallon) $6.79
€6.46
$3.62
 
Monthly public transit pass $42.87
€40.82
$113.75
 
New Volkswagen Golf 1.4 (standard edition) $35,759.38
€34,050.08
$35,000.00
 

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pay 72.6% more for housing

 
Madrid
Miami
Internet connection
50 mbps or faster, cable/dsl
$31.85
€30.32
$66.35
 
1-Bedroom apartment in downtown area $1,468.90
€1,398.68
$2,828.52
 
1-Bedroom apartment outside city center $1,074.71
€1,023.34
$2,126.28
 

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pay 2.4 times more for childcare

 
Madrid
Miami
Private preschool for 1 child, monthly $567.57
€540.44
$1,281.25
 
Middle school for 1 child, two semesters $10,069.47
€9,588.15
$25,250.00
 

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pay 77.5% more for entertainment and sports

 
Madrid
Miami
Domestic/local beer (1 pint) $3.75
€3.57
$7.50
 
Cappuccino in mid-range area $2.59
€2.46
$5.32
 
Pack of cigarettes
Marlboro or similar
$6.43
€6.12
$11.40
 

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pay 2.0% less for clothing

 
Madrid
Miami
Regular jeans
Levi's brand
$90.50
€86.17
$51.94
 
Regular dress
from H&M or similar store
$37.21
€35.43
$54.62
 
Running shoes
Nike or Adidas
$97.88
€93.20
$85.53
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: December 2024
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