Madrid vs Riga - Cost of Living Comparison

Updated: March 01, 2024

	Madrid	Riga
🚶 Cost of living one person	$1726	$1135
👨‍👩‍👧‍👦 Cost of living Family	$3985	$2798
🏠 One person rent	$986	$549
🏘️ Family rent	$1693	$919
🍽️ Food expenses	$440	$385
🚐 Transport expenses	$168	$80.4
💳 Monthly salary after tax	$2362	$1220
😷 Air quality	Excellent	Excellent
✈️ Airport proximity	10 km	9 km
🎓 Higher education	98	61
😀 Quality of life	90	79
🏙️ Population	3.28M	606K

The cost of living in Madrid is 52% more expensive than in Riga. Cities ranked 2577th and 4604th ($1726 vs $1135) in the list of the most expensive cities in the world and ranked 7th and 2nd in Spain and Latvia, respectively. Check Spain vs Latvia comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 1.1 months in Riga. Madrid ranked 1st best city to live in Spain vs Riga ranked 1st in Latvia, while ranked 121st and 535th among best cities to live in the world.

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the estimated difference in money purchasing power

Cost of living in Madrid vs Riga infographic

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Prices in Madrid vs Riga

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

	Madrid	Riga
Eating Out
🍱 Lunch Menu	$14.1	$9.68
🥂 Dinner in a Restaurant, for 2	$58.9	$52.8
🥪 Fast food meal, equiv. McDonald's	$10	$7.58
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.01	$4.97
☕ Cappuccino	$2.55	$3.49
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.69	$1.65
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1118	$485
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$805	$314
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2068	$885
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1386	$549
🔌 Utility Bill one person, electricity, heating, water, etc.	$85.8	$184
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$138	$286
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.9	$16.7
🏦 Mortgage Interest Rate for 20 Years	2.58%	4.14%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4611	$2627
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2665	$1636
Transportation
🚌 Local transport ticket	$1.64	$1.61
🎟️ Monthly ticket local transport	$43.5	$33.3
🚕 Taxi Ride, 8 km or 5 mi	$14	$10.2
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.81	$1.78
Groceries
🥛 Milk, 1 L or 1 qt	$1.15	$1.33
🍞 Bread, 0.5 kg or 1.1 lb	$1.5	$1.28
🍚 Rice, 1 kg or 2.2 lb	$1.44	$2.19
🥚 Eggs, x12	$3.16	$2.84
🧀 Cheese, 1 kg or 2.2 lb	$14.8	$11.3
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.08	$7.28
🥩 Round Steak, 1 kg or 2.2 lb	$14.9	$11.5
🍏 Apples, 1 kg or 2.2 lb	$2.39	$1.66
🍌 Banana, 1 kg or 2.2 lb	$1.93	$1.81
🍊 Oranges, 1 kg or 2.2 lb	$1.79	$2.25
🍅 Tomato, 1 kg or 2.2 lb	$2.45	$3.18
🥔 Potato, 1 kg or 2.2 lb	$1.48	$0.85
🧅 Onion, 1 kg or 2.2 lb	$1.58	$1.07
🌊 Water, 1 L or 1 qt	$0.64	$0.59
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.24	$2.17
🍾 Wine (mid-priced), 750 mL bottle	$6.7	$8.71
🍺 Beer, 0.5 L or 16 fl oz	$1.33	$1.71
🚬 Cigarette pack	$5.86	$5
💊 Cold medicince, 1 week	$11.5	$8.13
🧴 Hair Shampoo	$3.45	$5.4
🧻 Toilet paper, 4 rolls	$2.12	$2.04
👄 Toothpaste, 1 tube	$2.44	$3
Other
🏋️ Gym Membership, 1 month	$45.2	$40.5
🎫 Cinema Ticket, 1 person	$10.5	$10.4
👩‍⚕️ Doctor's visit	$72.3	$47.7
💇 Haircut, simple	$19.1	$17.4
👖 Brand Jeans	$73.2	$77.5
👟 Brand Sneakers	$84.6	$92.1
👶 Daycare or Preschool, 1 month	$529	$464
🏫 International Primary School, 1 year	$9474	$13518

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	$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

Cities near Riga

Distance	City	Cost of living
21 km or 13 mi	Jurmala	$1362
34 km or 21 mi	Ogre	$1088
40 km or 25 mi	Jelgava	$827
103 km or 64 mi	Valmiera	$860
118 km or 74 mi	Jekabpils	$927
123 km or 77 mi	Siauliai	$827
129 km or 80 mi	Mazeikiai	$985
137 km or 85 mi	Panevezys	$877
161 km or 100 mi	Ventspils	$893
161 km or 100 mi	Parnu	$982
174 km or 108 mi	Kuressaare	$1080
181 km or 112 mi	Viljandi	$909
186 km or 115 mi	Utena	$928
190 km or 118 mi	Daugavpils	$864
195 km or 121 mi	Liepaja	$976
203 km or 126 mi	Rezekne	$831
209 km or 130 mi	Jonava	$835
223 km or 138 mi	Tartu	$1163
228 km or 142 mi	Kaunas	$1080
229 km or 142 mi	Klaipeda	$981
262 km or 163 mi	Vilnius	$1303
270 km or 168 mi	Marijampole	$922
271 km or 168 mi	Pskov	$461
279 km or 174 mi	Tallinn	$1335
283 km or 176 mi	Alytus	$850
286 km or 178 mi	Maardu	$1194
298 km or 185 mi	Rakvere	$920
327 km or 203 mi	Suwalki	$1028
330 km or 205 mi	Kohtla-Jarve	$933
335 km or 208 mi	Kaliningrad	$622
339 km or 211 mi	Raseborg	$1438
347 km or 215 mi	Sillamae	$906
353 km or 219 mi	Kirkkonummi	$1519
357 km or 222 mi	Visby	$1345
361 km or 225 mi	Narva	$814
362 km or 225 mi	Helsinki	$1825
364 km or 226 mi	Espoo	$1907
365 km or 227 mi	Grodno	$385
365 km or 227 mi	Elk	$1013
367 km or 228 mi	Lohja	$1257