Cost of living comparison
Madrid is 54.6% cheaper than Monte Carlo.
- Restaurants
-
pay 51.2% less in Madrid
- Groceries
-
pay 65.3% less in Madrid
- Transportation
-
pay 17.1% less in Madrid
- Housing
-
pay 78.3% less in Madrid
- Childcare
-
pay 60.5% less in Madrid
- Entertainment and Sports
-
pay 57.3% less in Madrid
- Clothing
-
pay 52.7% less in Madrid
Expenses including housing, groceries, childcare, entertainment and sports, clothing, and restaurants are lower in Madrid.
If you lived in Madrid instead of Monte Carlo, you would:
pay 51.2% less for restaurants
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$51.53
€44.61
|
$16.08
€13.92
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.31
€8.92
|
$10.72
€9.28
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$6.54
€5.66
|
$2.79
€2.41
|
|
| Bottle of water (11 fl. oz) |
$10.45
€9.05
|
$1.80
€1.56
|
|
pay 65.3% less for groceries
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.82
€4.18
|
$1.50
€1.30
|
|
| Local cheese (8 oz) |
$14.74
€12.76
|
$6.92
€5.99
|
|
| Milk (1 gallon) |
$10.14
€8.78
|
$4.41
€3.82
|
|
|
Eggs
1 dozen
|
$7.54
€6.53
|
$3.05
€2.64
|
|
| Boneless chicken breast (1 lb) |
$12.14
€10.51
|
$3.78
€3.28
|
|
| Apples (1 lb) |
$3.08
€2.67
|
$1.13
€0.97
|
|
| Bananas (1 lb) |
$3.73
€3.23
|
$0.87
€0.75
|
|
| Oranges (1 lb) |
$2.74
€2.37
|
$1.01
€0.87
|
|
| Tomatoes (1 lb) |
$4.05
€3.51
|
$1.05
€0.91
|
|
| Potatoes (1 lb) |
$2.43
€2.10
|
$0.83
€0.72
|
|
| Onions (1 lb) |
$2.59
€2.24
|
$0.82
€0.71
|
|
pay 17.1% less for transportation
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.80
€7.62
|
$6.79
€5.87
|
|
| Monthly public transit pass |
$35.90
€31.09
|
$42.87
€37.12
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$52,044.82
€45,062.38
|
$35,759.38
€30,961.83
|
|
| Taxi trip in downtown area (5 miles) |
$22.51
€19.49
|
$14.90
€12.90
|
|
pay 78.3% less for housing
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$160.76
€139.20
|
$31.85
€27.57
|
|
| 1-Bedroom apartment in downtown area |
$10,717.63
€9,279.73
|
$1,468.90
€1,271.83
|
|
| 1-Bedroom apartment outside city center |
$6,752.11
€5,846.23
|
$1,074.71
€930.53
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$349.76
€302.83
|
$130.03
€112.59
|
|
pay 60.5% less for childcare
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$3,429.64
€2,969.51
|
$567.57
€491.42
|
|
| Middle school for 1 child, two semesters |
$16,076.45
€13,919.60
|
$10,069.47
€8,718.53
|
|
pay 57.3% less for entertainment and sports
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.65
€8.35
|
$3.75
€3.25
|
|
| Cappuccino in mid-range area |
$5.96
€5.16
|
$2.59
€2.24
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.72
€9.28
|
$6.43
€5.57
|
|
| Monthly membership at local gym |
$509.09
€440.79
|
$43.11
€37.33
|
|
| Movie ticket to theater/cinema |
$17.15
€14.85
|
$10.72
€9.28
|
|
pay 52.7% less for clothing
|
Monte Carlo
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$214.35
€185.59
|
$90.50
€78.36
|
|
|
Regular dress
from H&M or similar store
|
$75.02
€64.96
|
$37.21
€32.22
|
|
|
Running shoes
Nike or Adidas
|
$187.56
€162.40
|
$97.88
€84.75
|
|
| Men's business shoes (leather) |
$267.94
€231.99
|
$121.40
€105.11
|
|
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