Izmir vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Izmir Madrid
🚶 Cost of living one person
$1038
$2109
👨‍👩‍👧‍👦 Cost of living Family
$2665
$4833
🏠 One person rent
$504
$1251
🏘️ Family rent
$895
$2104
🍽️ Food expenses
$312
$517
🚐 Transport expenses
$132
$191
💳 Monthly salary after tax
$1119
$2569
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
13 km
10 km
🎓 Higher education
70
98
😀 Quality of life
73
91
🏙️ Population
4.49M
3.51M

The cost of living in Izmir is 51% less expensive than in Madrid. Cities ranked 5281st and 1723rd ($1038 vs $2109) in the list of the most expensive cities in the world and ranked 3rd and 4th in Turkey and Spain, respectively. Check Turkey vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 1.1 months in Izmir compared to 1.2 months in Madrid. Izmir ranked 3rd best city to live in Turkey vs Madrid ranked 1st in Spain, while ranked 2402nd and 160th among best cities to live in the world.

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the estimated difference in money purchasing power

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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
$8.65
$17.6
🥂 Dinner in a Restaurant, for 2
$40.7
$60.1
🥪 Fast food meal, equiv. McDonald's
$8.32
$13.1
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.52
$4.64
☕ Cappuccino
$3.62
$3.76
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.56
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$585
$1411
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$405
$1035
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1068
$2589
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$740
$1735
🔌 Utility Bill one person, electricity, heating, water, etc.
$49.2
$108
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$74.9
$165
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$14.2
$33.4
🏦 Mortgage Interest Rate for 20 Years
41.09%
3.1%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1577
$9054
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1074
$4487
Transportation
🚌 Local transport ticket
$0.7
$1.75
🎟️ Monthly ticket local transport
$36.7
$42.5
🚕 Taxi Ride, 8 km or 5 mi
$9.97
$18.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.25
$1.8
Groceries
🥛 Milk, 1 L or 1 qt
$1.09
$1.28
🍞 Bread, 0.5 kg or 1.1 lb
$0.76
$1.34
🍚 Rice, 1 kg or 2.2 lb
$1.68
$1.51
🥚 Eggs, x12
$2.4
$3.97
🧀 Cheese, 1 kg or 2.2 lb
$9.89
$17.3
🐔 Chicken Breast, 1 kg or 2.2 lb
$5.18
$8.98
🥩 Round Steak, 1 kg or 2.2 lb
$22.3
$17.7
🍏 Apples, 1 kg or 2.2 lb
$1.75
$3.06
🍌 Banana, 1 kg or 2.2 lb
$2.18
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$1.24
$2.64
🍅 Tomato, 1 kg or 2.2 lb
$1.4
$2.88
🥔 Potato, 1 kg or 2.2 lb
$0.51
$2.22
🧅 Onion, 1 kg or 2.2 lb
$0.39
$2.27
🌊 Water, 1 L or 1 qt
$0.49
$0.67
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.45
$2.95
🍾 Wine (mid-priced), 750 mL bottle
$12.6
$8.81
🍺 Beer, 0.5 L or 16 fl oz
$1.98
$1.32
🚬 Cigarette pack
$2.04
$7.01
💊 Cold medicince, 1 week
$1.92
$11.7
🧴 Hair Shampoo
$1.52
$4.43
🧻 Toilet paper, 4 rolls
$0.43
$2.43
👄 Toothpaste, 1 tube
$1.3
$2.55
Other
🏋️ Gym Membership, 1 month
$46.3
$53.1
🎫 Cinema Ticket, 1 person
$7.89
$11.8
👩‍⚕️ Doctor's visit
$37
$68.9
💇 Haircut, simple
$5.76
$17.4
👖 Brand Jeans
$46.8
$99.3
👟 Brand Sneakers
$87.9
$114
👶 Daycare or Preschool, 1 month
$709
$729
🏫 International Primary School, 1 year
$15843
$16324

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
$743
50 km or 31 mi Turgutlu
$760
63 km or 39 mi Kusadasi
$883
64 km or 39 mi Tire
$719
87 km or 54 mi Chios
$1253
87 km or 54 mi Salihli
$743
88 km or 55 mi Aydin
$617
93 km or 58 mi Mytilene
$1060
95 km or 59 mi Soma
$741
117 km or 73 mi Nazilli
$682
152 km or 94 mi Balikesir
$750
155 km or 96 mi Bodrum
$953
171 km or 106 mi Mugla
$811
185 km or 115 mi Denizli
$554
192 km or 119 mi Mykonos
$2043
199 km or 124 mi Usak
$702
200 km or 124 mi Marmaris
$875
203 km or 126 mi Canakkale
$699
227 km or 141 mi Bandirma
$724
240 km or 149 mi Rhodes
$1311
257 km or 160 mi Bursa
$866
265 km or 164 mi Fethiye
$933
268 km or 167 mi Santorini
$1863
271 km or 168 mi Kutahya
$606
276 km or 171 mi Inegol
$763
286 km or 178 mi Burdur
$600
288 km or 179 mi Tekirdag
$593
292 km or 181 mi Alexandroupoli
$1030
292 km or 182 mi Kifissia
$1403
298 km or 185 mi Afyonkarahisar
$641
299 km or 186 mi Nea Ionia
$1264
300 km or 186 mi Nea Filadelfeia
$1253
302 km or 187 mi Argyroupoli
$1439
302 km or 188 mi Glyfada
$1636
303 km or 188 mi Voula
$1472
303 km or 188 mi Athens
$1439
304 km or 189 mi Nea Smyrni
$1298
305 km or 189 mi Kallithea
$1307
305 km or 190 mi Peristeri
$1160
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
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812