Cost of living comparison
Nicosia is 11.3% cheaper than Madrid.
- Restaurants
-
pay 40.0% less in Nicosia
- Groceries
-
pay 4.5% more in Nicosia
- Transportation
-
pay 3.9% less in Nicosia
- Housing
-
pay 21.5% less in Nicosia
- Childcare
-
pay 27.1% less in Nicosia
- Entertainment and Sports
-
pay 21.0% more in Nicosia
- Clothing
-
pay 12.0% less in Nicosia
The cost of entertainment and sports and groceries in Nicosia are more expensive than in Madrid. Expenses including restaurants, childcare, housing, clothing, and transportation are lower in Nicosia.
If you lived in Nicosia instead of Madrid, you would:
pay 40.0% less for restaurants
Madrid
|
Nicosia
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$16.08
€13.75
|
$12.33
€10.54
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.17
|
$7.50
€6.42
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.39
|
$1.47
€1.26
|
|
Bottle of water (11 fl. oz) |
$1.80
€1.54
|
$0.73
€0.63
|
|
pay 4.5% more for groceries
Madrid
|
Nicosia
|
||
---|---|---|---|
Bread
1 loaf
|
$1.50
€1.28
|
$1.85
€1.59
|
|
Local cheese (8 oz) |
$6.92
€5.92
|
$6.54
€5.59
|
|
Milk (1 gallon) |
$4.41
€3.77
|
$7.37
€6.31
|
|
Eggs
1 dozen
|
$3.05
€2.61
|
$3.68
€3.15
|
|
Boneless chicken breast (1 lb) |
$3.78
€3.24
|
$3.97
€3.40
|
|
Apples (1 lb) |
$1.13
€0.96
|
$1.20
€1.03
|
|
Bananas (1 lb) |
$0.87
€0.74
|
$0.89
€0.76
|
|
Oranges (1 lb) |
$1.01
€0.86
|
$0.82
€0.70
|
|
Tomatoes (1 lb) |
$1.05
€0.90
|
$1.17
€1.00
|
|
Potatoes (1 lb) |
$0.83
€0.71
|
$0.54
€0.46
|
|
Onions (1 lb) |
$0.82
€0.70
|
$0.60
€0.51
|
|
pay 3.9% less for transportation
Madrid
|
Nicosia
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.79
€5.80
|
$5.64
€4.83
|
|
Monthly public transit pass |
$42.87
€36.68
|
$53.59
€45.84
|
|
New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€30,592.15
|
$28,348.13
€24,251.83
|
|
Taxi trip in downtown area (5 miles) |
$14.90
€12.74
|
$14.47
€12.38
|
|
pay 21.5% less for housing
Madrid
|
Nicosia
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€27.24
|
$29.63
€25.35
|
|
1-Bedroom apartment in downtown area |
$1,468.90
€1,256.64
|
$707.36
€605.15
|
|
1-Bedroom apartment outside city center |
$1,074.71
€919.41
|
$588.46
€503.43
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€111.24
|
$153.51
€131.32
|
|
pay 27.1% less for childcare
Madrid
|
Nicosia
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$567.57
€485.55
|
$423.35
€362.17
|
|
Middle school for 1 child, two semesters |
$10,069.47
€8,614.43
|
$7,161.35
€6,126.53
|
|
pay 21.0% more for entertainment and sports
Madrid
|
Nicosia
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.75
€3.21
|
$4.29
€3.67
|
|
Cappuccino in mid-range area |
$2.59
€2.21
|
$3.48
€2.97
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.50
|
$5.36
€4.58
|
|
Monthly membership at local gym |
$43.11
€36.88
|
$65.50
€56.03
|
|
Movie ticket to theater/cinema |
$10.72
€9.17
|
$10.72
€9.17
|
|
pay 12.0% less for clothing
Madrid
|
Nicosia
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$90.50
€77.42
|
$81.72
€69.91
|
|
Regular dress
from H&M or similar store
|
$37.21
€31.84
|
$35.90
€30.72
|
|
Running shoes
Nike or Adidas
|
$97.88
€83.73
|
$79.71
€68.19
|
|
Men's business shoes (leather) |
$121.40
€103.86
|
$101.82
€87.10
|
|
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