Izmir vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Izmir Madrid
🚶 Cost of living one person
$825
$1726
👨‍👩‍👧‍👦 Cost of living Family
$1980
$3985
🏠 One person rent
$420
$986
🏘️ Family rent
$695
$1693
🍽️ Food expenses
$239
$440
🚐 Transport expenses
$79.1
$168
💳 Monthly salary after tax
$577
$2362
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
68
98
😀 Quality of life
68
90
🏙️ Population
4.32M
3.28M

The cost of living in Izmir is 52% less expensive than in Madrid. Cities ranked 6300th and 2577th ($825 vs $1726) in the list of the most expensive cities in the world and ranked 5th and 7th 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 1.4 months in Madrid. Izmir ranked 3rd best city to live in Turkey vs Madrid ranked 1st in Spain, while ranked 3526th and 121st 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
$6.38
$14.1
🥂 Dinner in a Restaurant, for 2
$25.8
$58.9
🥪 Fast food meal, equiv. McDonald's
$5.71
$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$2.38
$4.01
 Cappuccino
$2.43
$2.55
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.07
$2.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$499
$1118
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$334
$805
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$825
$2068
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$567
$1386
🔌 Utility Bill one person, electricity, heating, water, etc.
$43.1
$85.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$66.1
$138
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$10.7
$32.9
🏦 Mortgage Interest Rate for 20 Years
26.76%
2.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1520
$4611
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$951
$2665
Transportation
🚌 Local transport ticket
$0.42
$1.64
🎟️ Monthly ticket local transport
$14.3
$43.5
🚕 Taxi Ride, 8 km or 5 mi
$6.28
$14
 Gas / Petrol, 1 L or 0.26 gal
$1.24
$1.81
Groceries
🥛 Milk, 1 L or 1 qt
$0.92
$1.15
🍞 Bread, 0.5 kg or 1.1 lb
$0.57
$1.5
🍚 Rice, 1 kg or 2.2 lb
$1.57
$1.44
🥚 Eggs, x12
$1.78
$3.16
🧀 Cheese, 1 kg or 2.2 lb
$7.22
$14.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.51
$8.08
🥩 Round Steak, 1 kg or 2.2 lb
$14.4
$14.9
🍏 Apples, 1 kg or 2.2 lb
$1.02
$2.39
🍌 Banana, 1 kg or 2.2 lb
$1.41
$1.93
🍊 Oranges, 1 kg or 2.2 lb
$1.09
$1.79
🍅 Tomato, 1 kg or 2.2 lb
$0.87
$2.45
🥔 Potato, 1 kg or 2.2 lb
$0.6
$1.48
🧅 Onion, 1 kg or 2.2 lb
$0.42
$1.58
🌊 Water, 1 L or 1 qt
$0.23
$0.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.41
$2.24
🍾 Wine (mid-priced), 750 mL bottle
$8.93
$6.7
🍺 Beer, 0.5 L or 16 fl oz
$1.72
$1.33
🚬 Cigarette pack
$1.77
$5.86
💊 Cold medicince, 1 week
$3.32
$11.5
🧴 Hair Shampoo
$2.03
$3.45
🧻 Toilet paper, 4 rolls
$0.42
$2.12
👄 Toothpaste, 1 tube
$2.49
$2.44
Other
🏋️ Gym Membership, 1 month
$31.6
$45.2
🎫 Cinema Ticket, 1 person
$4.81
$10.5
👩‍⚕️ Doctor's visit
$43.6
$72.3
💇 Haircut, simple
$4.78
$19.1
👖 Brand Jeans
$53
$73.2
👟 Brand Sneakers
$92.2
$84.6
👶 Daycare or Preschool, 1 month
$291
$529
🏫 International Primary School, 1 year
$8689
$9474

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
$647
50 km or 31 mi Turgutlu
$629
63 km or 39 mi Kusadasi
$647
64 km or 39 mi Tire
$576
87 km or 54 mi Chios
$1186
87 km or 54 mi Salihli
$606
88 km or 55 mi Aydin
$541
93 km or 58 mi Mytilene
$937
95 km or 59 mi Soma
$618
117 km or 73 mi Nazilli
$544
152 km or 94 mi Balikesir
$665
155 km or 96 mi Bodrum
$844
171 km or 106 mi Mugla
$774
185 km or 115 mi Denizli
$510
192 km or 119 mi Mykonos
$1974
199 km or 124 mi Usak
$576
200 km or 124 mi Marmaris
$785
203 km or 126 mi Canakkale
$570
227 km or 141 mi Bandirma
$576
240 km or 149 mi Rhodes
$1061
257 km or 160 mi Bursa
$772
265 km or 164 mi Fethiye
$829
268 km or 167 mi Santorini
$1738
271 km or 168 mi Kutahya
$640
276 km or 171 mi Inegol
$642
286 km or 178 mi Burdur
$519
288 km or 179 mi Tekirdag
$414
292 km or 181 mi Alexandroupoli
$907
292 km or 182 mi Kifissia
$1467
298 km or 185 mi Afyonkarahisar
$493
299 km or 186 mi Nea Ionia
$1250
300 km or 186 mi Nea Filadelfeia
$1237
302 km or 187 mi Argyroupoli
$1338
302 km or 188 mi Glyfada
$1475
303 km or 188 mi Voula
$1359
303 km or 188 mi Athens
$1287
304 km or 189 mi Nea Smyrni
$1239
305 km or 189 mi Kallithea
$1235
305 km or 190 mi Peristeri
$1172
305 km or 190 mi Palaio Faliro
$1334

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1721
11 km or 6.7 mi Coslada
$1368
14 km or 8.5 mi Alcobendas
$1377
18 km or 11 mi Mostoles
$1572
18 km or 11 mi Fuenlabrada
$1492
18 km or 11 mi Torrejon de Ardoz
$1219
21 km or 13 mi Tres Cantos
$1298
29 km or 18 mi Alcala de Henares
$1156
50 km or 31 mi Guadalajara
$1138
68 km or 42 mi Toledo
$1282
69 km or 43 mi Segovia
$1303
138 km or 86 mi Cuenca
$1139
155 km or 97 mi Laguna de Duero
$1187
158 km or 98 mi Villarrobledo
$1203
162 km or 101 mi Valladolid
$1207
177 km or 110 mi Salamanca
$973
196 km or 122 mi Puertollano
$932
208 km or 129 mi Plasencia
$1127
211 km or 131 mi Zamora
$1140
215 km or 133 mi Burgos
$1109
223 km or 139 mi Albacete
$983
242 km or 150 mi Villanueva de la Serena
$1137
244 km or 151 mi Requena
$1241
250 km or 156 mi Logrono
$1142
251 km or 156 mi Caceres
$902
253 km or 157 mi Tudela
$1260
258 km or 160 mi Linares
$1206
269 km or 167 mi Ubeda
$1283
272 km or 169 mi Zaragoza
$1327
281 km or 175 mi Merida
$1096
283 km or 176 mi Vitoria-Gasteiz
$1382
288 km or 179 mi Leon
$987
295 km or 183 mi Jaen
$963
296 km or 184 mi Jumilla
$1191
297 km or 184 mi Cordoba
$1056
298 km or 185 mi Yecla
$1210
299 km or 186 mi Braganca
$807
301 km or 187 mi Martos
$1214
302 km or 187 mi Caravaca de la Cruz
$1176
302 km or 188 mi Valencia
$1437