Izmir vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Izmir Madrid
🚶 Cost of living one person
$1046
$2015
👨‍👩‍👧‍👦 Cost of living Family
$2611
$4668
🏠 One person rent
$513
$1177
🏘️ Family rent
$861
$2051
🍽️ Food expenses
$311
$499
🚐 Transport expenses
$126
$189
💳 Monthly salary after tax
$775
$2580
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
68
98
😀 Quality of life
72
92
🏙️ Population
4.49M
3.42M

The cost of living in Izmir is 48% less expensive than in Madrid. Cities ranked 5223rd and 1962nd ($1046 vs $2015) in the list of the most expensive cities in the world and ranked 5th and 5th in Turkey and Spain, respectively. Check Turkey vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Izmir compared to 1.3 months in Madrid. Izmir ranked 3rd best city to live in Turkey vs Madrid ranked 1st in Spain, while ranked 3140th and 142nd among best cities to live in the world.

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Cost of living in Izmir vs Madrid infographic

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Prices in Izmir vs Madrid

Prices for goods and services in Izmir and Madrid are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Izmir Madrid
Eating Out
🍱 Lunch Menu
$7.12
$16.4
🥂 Dinner in a Restaurant, for 2
$40.6
$62.3
🥪 Fast food meal, equiv. McDonald's
$7.63
$12
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.76
$4.96
☕ Cappuccino
$3.49
$3.72
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.27
$3.13
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$600
$1341
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$416
$959
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1069
$2482
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$703
$1691
🔌 Utility Bill one person, electricity, heating, water, etc.
$46.9
$110
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$71.5
$169
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$12.7
$32.3
🏦 Mortgage Interest Rate for 20 Years
40.92%
3.1%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1742
$8353
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1073
$4881
Transportation
🚌 Local transport ticket
$0.59
$1.74
🎟️ Monthly ticket local transport
$37.6
$43.1
🚕 Taxi Ride, 8 km or 5 mi
$9.13
$17.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.16
$1.8
Groceries
🥛 Milk, 1 L or 1 qt
$1.06
$1.21
🍞 Bread, 0.5 kg or 1.1 lb
$0.69
$1.46
🍚 Rice, 1 kg or 2.2 lb
$1.66
$1.46
🥚 Eggs, x12
$2.35
$3.62
🧀 Cheese, 1 kg or 2.2 lb
$10.9
$16.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.05
$8.96
🥩 Round Steak, 1 kg or 2.2 lb
$22
$17.5
🍏 Apples, 1 kg or 2.2 lb
$1.48
$2.83
🍌 Banana, 1 kg or 2.2 lb
$2.64
$2.3
🍊 Oranges, 1 kg or 2.2 lb
$1.59
$2.65
🍅 Tomato, 1 kg or 2.2 lb
$1.53
$2.88
🥔 Potato, 1 kg or 2.2 lb
$0.67
$2.12
🧅 Onion, 1 kg or 2.2 lb
$0.55
$2.22
🌊 Water, 1 L or 1 qt
$0.42
$0.65
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.44
$2.51
🍾 Wine (mid-priced), 750 mL bottle
$12.5
$8.79
🍺 Beer, 0.5 L or 16 fl oz
$1.95
$1.39
🚬 Cigarette pack
$1.89
$6.94
💊 Cold medicince, 1 week
$2.63
$10.5
🧴 Hair Shampoo
$2.13
$3.97
🧻 Toilet paper, 4 rolls
$0.32
$2.6
👄 Toothpaste, 1 tube
$1.85
$2.8
Other
🏋️ Gym Membership, 1 month
$35.1
$52
🎫 Cinema Ticket, 1 person
$7.3
$11.8
👩‍⚕️ Doctor's visit
$50.7
$70.5
💇 Haircut, simple
$8.05
$17.4
👖 Brand Jeans
$43.6
$102
👟 Brand Sneakers
$96.2
$107
👶 Daycare or Preschool, 1 month
$622
$678
🏫 International Primary School, 1 year
$14684
$12418

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Izmir

Distance City Cost of living
34 km or 21 mi Manisa
$760
50 km or 31 mi Turgutlu
$759
63 km or 39 mi Kusadasi
$770
64 km or 39 mi Tire
$686
87 km or 54 mi Chios
$1254
87 km or 54 mi Salihli
$725
88 km or 55 mi Aydin
$595
93 km or 58 mi Mytilene
$1067
95 km or 59 mi Soma
$732
117 km or 73 mi Nazilli
$652
152 km or 94 mi Balikesir
$704
155 km or 96 mi Bodrum
$926
171 km or 106 mi Mugla
$799
185 km or 115 mi Denizli
$557
192 km or 119 mi Mykonos
$2056
199 km or 124 mi Usak
$699
200 km or 124 mi Marmaris
$884
203 km or 126 mi Canakkale
$697
227 km or 141 mi Bandirma
$724
240 km or 149 mi Rhodes
$1284
257 km or 160 mi Bursa
$915
265 km or 164 mi Fethiye
$846
268 km or 167 mi Santorini
$1835
271 km or 168 mi Kutahya
$612
276 km or 171 mi Inegol
$787
286 km or 178 mi Burdur
$618
288 km or 179 mi Tekirdag
$562
292 km or 181 mi Alexandroupoli
$1006
292 km or 182 mi Kifissia
$1415
298 km or 185 mi Afyonkarahisar
$664
299 km or 186 mi Nea Ionia
$1265
300 km or 186 mi Nea Filadelfeia
$1259
302 km or 187 mi Argyroupoli
$1438
302 km or 188 mi Glyfada
$1636
303 km or 188 mi Voula
$1477
303 km or 188 mi Athens
$1436
304 km or 189 mi Nea Smyrni
$1281
305 km or 189 mi Kallithea
$1291
305 km or 190 mi Peristeri
$1192
305 km or 190 mi Palaio Faliro
$1386

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1870
11 km or 6.7 mi Coslada
$1674
14 km or 8.5 mi Alcobendas
$1656
18 km or 11 mi Mostoles
$1703
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1581
21 km or 13 mi Tres Cantos
$1627
29 km or 18 mi Alcala de Henares
$1573
50 km or 31 mi Guadalajara
$1194
68 km or 42 mi Toledo
$1325
69 km or 43 mi Segovia
$1385
138 km or 86 mi Cuenca
$1217
155 km or 97 mi Laguna de Duero
$1346
158 km or 98 mi Villarrobledo
$1400
162 km or 101 mi Valladolid
$1367
177 km or 110 mi Salamanca
$1189
196 km or 122 mi Puertollano
$893
208 km or 129 mi Plasencia
$1225
211 km or 131 mi Zamora
$1337
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1464
242 km or 150 mi Villanueva de la Serena
$1312
244 km or 151 mi Requena
$1407
250 km or 156 mi Logrono
$1118
251 km or 156 mi Caceres
$1225
253 km or 157 mi Tudela
$1414
258 km or 160 mi Linares
$1369
269 km or 167 mi Ubeda
$1490
272 km or 169 mi Zaragoza
$1457
281 km or 175 mi Merida
$1272
283 km or 176 mi Vitoria-Gasteiz
$1685
288 km or 179 mi Leon
$1303
295 km or 183 mi Jaen
$1133
296 km or 184 mi Jumilla
$1345
297 km or 184 mi Cordoba
$1233
298 km or 185 mi Yecla
$1320
299 km or 186 mi Braganca
$913
301 km or 187 mi Martos
$1382
302 km or 187 mi Caravaca de la Cruz
$1344
302 km or 188 mi Valencia
$1703