Cost of living comparison
Palo Alto is 97.6% more expensive than Madrid.
- Restaurants
-
pay 26.5% more in Palo Alto
- Groceries
-
pay 2.0 times more in Palo Alto
- Transportation
-
pay 22.6% more in Palo Alto
- Housing
-
pay 2.2 times more in Palo Alto
- Childcare
-
pay 4.3 times more in Palo Alto
- Entertainment and Sports
-
pay 2.0 times more in Palo Alto
- Clothing
-
pay 18.7% less in Palo Alto
The cost of childcare, housing, groceries, entertainment and sports, restaurants, and transportation in Palo Alto are more expensive than in Madrid. Notably, childcare, housing, and groceries are significantly more expensive in Palo Alto.
If you lived in Palo Alto instead of Madrid, you would:
pay 26.5% more for restaurants
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€13.75
|
$27.50
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.17
|
$11.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.39
|
$3.00
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.54
|
$2.17
|
|
pay 2.0 times more for groceries
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.28
|
$5.22
|
|
| Local cheese (8 oz) |
$6.92
€5.92
|
$8.45
|
|
| Milk (1 gallon) |
$4.41
€3.77
|
$5.33
|
|
|
Eggs
1 dozen
|
$3.05
€2.61
|
$5.50
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.24
|
$7.75
|
|
| Apples (1 lb) |
$1.13
€0.96
|
$3.30
|
|
| Bananas (1 lb) |
$0.87
€0.74
|
$0.90
|
|
| Oranges (1 lb) |
$1.01
€0.86
|
$1.60
|
|
| Tomatoes (1 lb) |
$1.05
€0.90
|
$3.00
|
|
| Potatoes (1 lb) |
$0.83
€0.71
|
$1.89
|
|
| Onions (1 lb) |
$0.82
€0.70
|
$1.66
|
|
pay 22.6% more for transportation
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€5.80
|
$4.85
|
|
| Monthly public transit pass |
$42.87
€36.68
|
$90.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€30,592.15
|
$30,530.00
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€12.74
|
$18.41
|
|
pay 2.2 times more for housing
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€27.24
|
$60.00
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,256.64
|
$3,397.50
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€919.41
|
$3,198.33
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€111.24
|
$213.87
|
|
pay 4.3 times more for childcare
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€485.55
|
$2,705.00
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€8,614.43
|
$37,770.00
|
|
pay 2.0 times more for entertainment and sports
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.21
|
$8.00
|
|
| Cappuccino in mid-range area |
$2.59
€2.21
|
$5.10
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.50
|
$11.00
|
|
| Monthly membership at local gym |
$43.11
€36.88
|
$120.00
|
|
| Movie ticket to theater/cinema |
$10.72
€9.17
|
$15.99
|
|
pay 18.7% less for clothing
|
Madrid
|
Palo Alto
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€77.42
|
$45.00
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€31.84
|
$36.12
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€83.73
|
$80.00
|
|
| Men's business shoes (leather) |
$121.40
€103.86
|
$117.22
|
|
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