Madrid vs Miami - Cost of Living Comparison

Updated: October 10, 2024

	Madrid	Miami
🚶 Cost of living one person	$1889	$3103
👨‍👩‍👧‍👦 Cost of living Family	$4256	$7450
🏠 One person rent	$1111	$2075
🏘️ Family rent	$1849	$4080
🍽️ Food expenses	$457	$704
🚐 Transport expenses	$177	$131
💳 Monthly salary after tax	$2391	$4410
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	7 km
🎓 Higher education	98	85
😀 Quality of life	90	91
🏙️ Population	3.33M	442K

The cost of living in Madrid is 39% less expensive than in Miami. Cities ranked 2194th and 103rd ($1889 vs $3103) in the list of the most expensive cities in the world and ranked 5th and 80th in Spain and the United States, respectively. Check Spain vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Madrid compared to 1.4 months in Miami. Madrid ranked 1st best city to live in Spain vs Miami ranked 18th in the United States, while ranked 149th and 109th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Madrid vs Miami infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/madrid/miami.jpg" alt="Cost of living in Madrid vs Miami infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/madrid/miami" target="_blank">Madrid vs Miami - Cost of Living Comparison</a></p>

Prices in Madrid vs Miami

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

	Madrid	Miami
Eating Out
🍱 Lunch Menu	$15.3	$22.8
🥂 Dinner in a Restaurant, for 2	$58.7	$88.5
🥪 Fast food meal, equiv. McDonald's	$11	$12.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.18	$7.36
☕ Cappuccino	$2.93	$5.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.83	$3.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1256	$2446
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$911	$1765
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2211	$4939
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1526	$3570
🔌 Utility Bill one person, electricity, heating, water, etc.	$98	$111
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$152	$173
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$33.1	$62.8
🏦 Mortgage Interest Rate for 20 Years	3.68%	6.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6496	$6519
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4015	$4021
Transportation
🚌 Local transport ticket	$1.65	$2.24
🎟️ Monthly ticket local transport	$45.3	$115
🚕 Taxi Ride, 8 km or 5 mi	$15.1	$15.1
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.85	$0.94
Groceries
🥛 Milk, 1 L or 1 qt	$1.19	$1.17
🍞 Bread, 0.5 kg or 1.1 lb	$1.5	$3.61
🍚 Rice, 1 kg or 2.2 lb	$1.51	$4.06
🥚 Eggs, x12	$3.24	$5.04
🧀 Cheese, 1 kg or 2.2 lb	$15.1	$14.8
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.47	$12.5
🥩 Round Steak, 1 kg or 2.2 lb	$15.4	$18.2
🍏 Apples, 1 kg or 2.2 lb	$2.61	$5.91
🍌 Banana, 1 kg or 2.2 lb	$2.01	$1.86
🍊 Oranges, 1 kg or 2.2 lb	$2.2	$4.66
🍅 Tomato, 1 kg or 2.2 lb	$2.45	$4.82
🥔 Potato, 1 kg or 2.2 lb	$1.85	$2.51
🧅 Onion, 1 kg or 2.2 lb	$1.82	$3.29
🌊 Water, 1 L or 1 qt	$0.62	$1.49
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.22	$3.21
🍾 Wine (mid-priced), 750 mL bottle	$7.49	$14.6
🍺 Beer, 0.5 L or 16 fl oz	$1.3	$2.38
🚬 Cigarette pack	$6.16	$9.85
💊 Cold medicince, 1 week	$9.3	$12.7
🧴 Hair Shampoo	$3.59	$7.01
🧻 Toilet paper, 4 rolls	$2.4	$5.55
👄 Toothpaste, 1 tube	$2.71	$3.01
Other
🏋️ Gym Membership, 1 month	$47.2	$71.4
🎫 Cinema Ticket, 1 person	$11.5	$15.2
👩‍⚕️ Doctor's visit	$67.3	$152
💇 Haircut, simple	$21.5	$33
👖 Brand Jeans	$89.1	$49.5
👟 Brand Sneakers	$96.9	$82.1
👶 Daycare or Preschool, 1 month	$585	$1210
🏫 International Primary School, 1 year	$10462	$25328

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

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

Cities near Miami

Distance	City	Cost of living
6.6 km or 4.1 mi	Coral Gables	$2803
8.9 km or 5.5 mi	Miami Beach	$2753
12 km or 7.2 mi	Hialeah	$2562
13 km or 8 mi	North Miami	$2671
14 km or 8.7 mi	Doral	$2612
16 km or 9.8 mi	Sweetwater	$2644
17 km or 10 mi	Hialeah Gardens	$2551
17 km or 11 mi	North Miami Beach	$2659
18 km or 11 mi	Miami Lakes	$2578
18 km or 11 mi	Miami Gardens	$2645
20 km or 12 mi	Sunny Isles Beach	$2682
20 km or 13 mi	Palmetto Bay	$2849
22 km or 13 mi	Aventura	$2647
23 km or 14 mi	Miramar	$2717
24 km or 15 mi	Hallandale Beach	$2630
24 km or 15 mi	Kendall West	$2808
26 km or 16 mi	Cutler Bay	$3002
27 km or 17 mi	Hollywood	$2724
27 km or 17 mi	Pembroke Pines	$2898
29 km or 18 mi	Richmond West	$3058
30 km or 19 mi	Cooper	$2691
31 km or 19 mi	Dania Beach	$2629
34 km or 21 mi	Davie	$2623
38 km or 24 mi	Plantation	$2573
40 km or 25 mi	Fort Lauderdale	$2727
40 km or 25 mi	Weston	$2608
42 km or 26 mi	Sunrise	$2538
43 km or 26 mi	Lauderhill	$2513
43 km or 27 mi	Lauderdale Lakes	$2540
44 km or 27 mi	Homestead	$3991
44 km or 28 mi	Oakland Park	$2571
48 km or 30 mi	Tamarac	$2424
48 km or 30 mi	North Lauderdale	$2418
51 km or 32 mi	Pompano Beach	$2490
51 km or 32 mi	Margate	$2359
54 km or 34 mi	Coral Springs	$2315
55 km or 34 mi	Coconut Creek	$2429
59 km or 37 mi	Parkland	$2484
61 km or 38 mi	Deerfield Beach	$2248
66 km or 41 mi	Boca Raton	$2860