London vs Madrid Cost of Living

London (United Kingdom) · Overall index 83.4Madrid (Spain) · Overall index 53.8

Summary

  • Overall, Madrid is 35% cheaper than London.
  • Rent in Madrid is 55% cheaper than in London.
  • Transport in Madrid is 32% cheaper than in London.
ItemLondonMadridDiff
Rent-55%
1-bedroom apartment, city centre (monthly)$2,992$1,300-57%
1-bedroom apartment, outside centre (monthly)$2,223$1,010-55%
3-bedroom apartment, city centre (monthly)$6,498$2,924-55%
3-bedroom apartment, outside centre (monthly)$4,097$1,910-53%
Groceries-29%
Milk (1L)$1.21$0.95-21%
White bread (500g)$4.07$2.77-32%
Rice (1kg)$4.67$3.82-18%
Eggs (12)$4.37$3.63-17%
Local cheese (1kg)$14.3$8.81-38%
Chicken fillets (1kg)$11$8.46-23%
Beef round (1kg)$17.4$12.1-30%
Apples (1kg)$5.26$3.83-27%
Bananas (1kg)$1.98$1.46-26%
Oranges (1kg)$4.45$2.92-34%
Tomatoes (1kg)$5.8$3.49-40%
Potatoes (1kg)$2.72$1.98-27%
Onions (1kg)$2.83$2.06-27%
Lettuce (1 head)$2.51$1.65-34%
Water (1.5L bottle)$2.52$1.76-30%
Bottle of wine (mid-range)$15.9$9.85-38%
Transport-32%
Public transport, one-way ticket$2.53$1.65-35%
Public transport, monthly pass$113$67.9-40%
Taxi, base fare$3.64$2.25-38%
Taxi, per km$1.7$1.06-38%
Gasoline (1L)$0.78$0.6-23%
New compact car (e.g., VW Golf)$22,721$19,074-16%
Dining out-28%
Meal, inexpensive restaurant$21.7$16.2-25%
Meal for 2, mid-range restaurant (3 courses)$106$73.4-31%
Fast food combo meal$9.63$7.61-21%
Cappuccino$4.39$3.37-23%
Coke/Pepsi (0.33L, restaurant)$2.43$1.61-34%
Domestic beer (0.5L, restaurant)$7.39$5.04-32%
Imported beer (0.33L, restaurant)$7.95$5.72-28%
Water (0.33L, restaurant)$1.76$1.21-31%
Telecom-22%
Mobile plan, calls + 10GB+ data (monthly)$51.7$50.3-3%
Broadband internet 60Mbps+ (monthly)$63.5$45.9-28%
Prepaid mobile tariff (1 min)$0.33$0.25-24%
Video streaming subscription (monthly)$14.4$10-31%
Utilities & household-26%
Basic utilities, 85m² apartment (monthly)$155$122-21%
Electricity (1 kWh)$0.22$0.15-32%
Tap water (1m³)$4.47$2.93-34%
Natural gas (1m³)$1.5$1.03-31%
Waste collection (monthly)$20.8$17.6-15%
Fitness club (monthly)$85.7$58.6-32%
Cinema ticket (1 seat)$16$11.8-26%
Men's haircut$27$20.6-24%
Domestic cleaning (1 hour)$24$19-21%
Private kindergarten (monthly)$1,856$1,386-25%

2,967 total data points · Price data as of 2026-07-01 · Exchange rates as of 2026-07-15

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