Izmir vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Izmir Madrid
🚶 Cost of living one person
$892
$1889
👨‍👩‍👧‍👦 Cost of living Family
$2222
$4256
🏠 One person rent
$431
$1111
🏘️ Family rent
$753
$1849
🍽️ Food expenses
$282
$457
🚐 Transport expenses
$74.6
$177
💳 Monthly salary after tax
$706
$2391
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
68
98
😀 Quality of life
68
90
🏙️ Population
2.95M
3.33M

The cost of living in Izmir is 53% less expensive than in Madrid. Cities ranked 6157th and 2194th ($892 vs $1889) in the list of the most expensive cities in the world and ranked 6th and 5th in Turkey and Spain, respectively. Check Turkey vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 0.8 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 3155th and 149th 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
$8.74
$15.3
🥂 Dinner in a Restaurant, for 2
$29.2
$58.7
🥪 Fast food meal, equiv. McDonald's
$7.25
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.48
$4.18
☕ Cappuccino
$2.52
$2.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.14
$2.83
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$526
$1256
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$344
$911
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$911
$2211
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$625
$1526
🔌 Utility Bill one person, electricity, heating, water, etc.
$38.7
$98
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$59.3
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$11.8
$33.1
🏦 Mortgage Interest Rate for 20 Years
29.09%
3.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1878
$6496
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1054
$4015
Transportation
🚌 Local transport ticket
$0.44
$1.65
🎟️ Monthly ticket local transport
$17.7
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$6.05
$15.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.21
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$1.04
$1.19
🍞 Bread, 0.5 kg or 1.1 lb
$0.97
$1.5
🍚 Rice, 1 kg or 2.2 lb
$1.84
$1.51
🥚 Eggs, x12
$1.68
$3.24
🧀 Cheese, 1 kg or 2.2 lb
$9.83
$15.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.87
$8.47
🥩 Round Steak, 1 kg or 2.2 lb
$19.1
$15.4
🍏 Apples, 1 kg or 2.2 lb
$0.9
$2.61
🍌 Banana, 1 kg or 2.2 lb
$1.94
$2.01
🍊 Oranges, 1 kg or 2.2 lb
$0.94
$2.2
🍅 Tomato, 1 kg or 2.2 lb
$1.13
$2.45
🥔 Potato, 1 kg or 2.2 lb
$0.59
$1.85
🧅 Onion, 1 kg or 2.2 lb
$0.55
$1.82
🌊 Water, 1 L or 1 qt
$0.29
$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.32
$2.22
🍾 Wine (mid-priced), 750 mL bottle
$8.8
$7.49
🍺 Beer, 0.5 L or 16 fl oz
$1.99
$1.3
🚬 Cigarette pack
$1.91
$6.16
💊 Cold medicince, 1 week
$3.23
$9.3
🧴 Hair Shampoo
$2.59
$3.59
🧻 Toilet paper, 4 rolls
$0.39
$2.4
👄 Toothpaste, 1 tube
$2.28
$2.71
Other
🏋️ Gym Membership, 1 month
$41.2
$47.2
🎫 Cinema Ticket, 1 person
$5.13
$11.5
👩‍⚕️ Doctor's visit
$63.2
$67.3
💇 Haircut, simple
$9.56
$21.5
👖 Brand Jeans
$45.1
$89.1
👟 Brand Sneakers
$106
$96.9
👶 Daycare or Preschool, 1 month
$392
$585
🏫 International Primary School, 1 year
$9132
$10462

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
$612
50 km or 31 mi Turgutlu
$652
63 km or 39 mi Kusadasi
$743
64 km or 39 mi Tire
$663
87 km or 54 mi Chios
$1198
87 km or 54 mi Salihli
$657
88 km or 55 mi Aydin
$638
93 km or 58 mi Mytilene
$899
95 km or 59 mi Soma
$642
117 km or 73 mi Nazilli
$600
152 km or 94 mi Balikesir
$584
155 km or 96 mi Bodrum
$868
171 km or 106 mi Mugla
$741
185 km or 115 mi Denizli
$508
192 km or 119 mi Mykonos
$1956
199 km or 124 mi Usak
$648
200 km or 124 mi Marmaris
$1077
203 km or 126 mi Canakkale
$668
227 km or 141 mi Bandirma
$655
240 km or 149 mi Rhodes
$1095
257 km or 160 mi Bursa
$789
265 km or 164 mi Fethiye
$876
268 km or 167 mi Santorini
$1769
271 km or 168 mi Kutahya
$700
276 km or 171 mi Inegol
$690
286 km or 178 mi Burdur
$553
288 km or 179 mi Tekirdag
$705
292 km or 181 mi Alexandroupoli
$999
292 km or 182 mi Kifissia
$1459
298 km or 185 mi Afyonkarahisar
$463
299 km or 186 mi Nea Ionia
$1278
300 km or 186 mi Nea Filadelfeia
$1262
302 km or 187 mi Argyroupoli
$1399
302 km or 188 mi Glyfada
$1528
303 km or 188 mi Voula
$1399
303 km or 188 mi Athens
$1366
304 km or 189 mi Nea Smyrni
$1258
305 km or 189 mi Kallithea
$1257
305 km or 190 mi Peristeri
$1228
305 km or 190 mi Palaio Faliro
$1346

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1776
11 km or 6.7 mi Coslada
$1567
14 km or 8.5 mi Alcobendas
$1526
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1471
21 km or 13 mi Tres Cantos
$1396
29 km or 18 mi Alcala de Henares
$1444
50 km or 31 mi Guadalajara
$1122
68 km or 42 mi Toledo
$1289
69 km or 43 mi Segovia
$1333
138 km or 86 mi Cuenca
$1162
155 km or 97 mi Laguna de Duero
$1259
158 km or 98 mi Villarrobledo
$1287
162 km or 101 mi Valladolid
$1262
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$974
208 km or 129 mi Plasencia
$1169
211 km or 131 mi Zamora
$1260
215 km or 133 mi Burgos
$1220
223 km or 139 mi Albacete
$1037
242 km or 150 mi Villanueva de la Serena
$1217
244 km or 151 mi Requena
$1317
250 km or 156 mi Logrono
$1016
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1314
258 km or 160 mi Linares
$1316
269 km or 167 mi Ubeda
$1461
272 km or 169 mi Zaragoza
$1330
281 km or 175 mi Merida
$1186
283 km or 176 mi Vitoria-Gasteiz
$1600
288 km or 179 mi Leon
$1337
295 km or 183 mi Jaen
$1013
296 km or 184 mi Jumilla
$1258
297 km or 184 mi Cordoba
$1165
298 km or 185 mi Yecla
$1271
299 km or 186 mi Braganca
$863
301 km or 187 mi Martos
$1284
302 km or 187 mi Caravaca de la Cruz
$1260
302 km or 188 mi Valencia
$1581