Madrid vs Toronto - Cost of Living Comparison

Updated:

Livingcost

Madrid Toronto
🚶 Cost of living one person
$1883
$2576
👨‍👩‍👧‍👦 Cost of living Family
$4278
$5902
🏠 One person rent
$1103
$1548
🏘️ Family rent
$1866
$2660
🍽️ Food expenses
$459
$629
🚐 Transport expenses
$177
$255
💳 Monthly salary after tax
$2420
$3627
😷 Air quality
Excellent
Good
✈️ Airport proximity
10 km
5 km
🎓 Higher education
98
86
😀 Quality of life
90
94
🏙️ Population
3.33M
2.79M

The cost of living in Madrid is 27% less expensive than in Toronto. Cities ranked 2215th and 649th ($1883 vs $2576) in the list of the most expensive cities in the world and ranked 6th and 5th in Spain and Canada, respectively. Check Spain vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Madrid compared to 1.4 months in Toronto. Madrid ranked 1st best city to live in Spain vs Toronto ranked 1st in Canada, while ranked 142nd and 50th among best cities to live in the world.

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Cost of living in Madrid vs Toronto infographic

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Prices in Madrid vs Toronto

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

Madrid Toronto
Eating Out
🍱 Lunch Menu
$15.5
$16.6
🥂 Dinner in a Restaurant, for 2
$59
$81.7
🥪 Fast food meal, equiv. McDonald's
$11.1
$11.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.22
$6.24
☕ Cappuccino
$2.95
$4.7
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.8
$2.14
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1260
$1669
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$900
$1356
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2227
$2905
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1544
$2382
🔌 Utility Bill one person, electricity, heating, water, etc.
$98
$79.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$123
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.4
$50.2
🏦 Mortgage Interest Rate for 20 Years
3.68%
6.41%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6535
$10334
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4010
$8073
Transportation
🚌 Local transport ticket
$1.67
$2.48
🎟️ Monthly ticket local transport
$45.2
$118
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$16.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.87
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$1.2
$3.17
🍞 Bread, 0.5 kg or 1.1 lb
$1.49
$2.57
🍚 Rice, 1 kg or 2.2 lb
$1.51
$3.06
🥚 Eggs, x12
$3.19
$3.97
🧀 Cheese, 1 kg or 2.2 lb
$15
$14
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.58
$13.2
🥩 Round Steak, 1 kg or 2.2 lb
$15.3
$14
🍏 Apples, 1 kg or 2.2 lb
$2.59
$4.06
🍌 Banana, 1 kg or 2.2 lb
$2.03
$1.47
🍊 Oranges, 1 kg or 2.2 lb
$2.23
$3.56
🍅 Tomato, 1 kg or 2.2 lb
$2.47
$4.11
🥔 Potato, 1 kg or 2.2 lb
$1.83
$2.61
🧅 Onion, 1 kg or 2.2 lb
$1.82
$2.87
🌊 Water, 1 L or 1 qt
$0.63
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.24
$2.49
🍾 Wine (mid-priced), 750 mL bottle
$7.39
$14.7
🍺 Beer, 0.5 L or 16 fl oz
$1.29
$2.74
🚬 Cigarette pack
$6.12
$14.2
💊 Cold medicince, 1 week
$9.24
$13.9
🧴 Hair Shampoo
$3.58
$7
🧻 Toilet paper, 4 rolls
$2.44
$3.36
👄 Toothpaste, 1 tube
$2.71
$3.42
Other
🏋️ Gym Membership, 1 month
$46.9
$56.9
🎫 Cinema Ticket, 1 person
$11.6
$13.4
👩‍⚕️ Doctor's visit
$66.8
$70.4
💇 Haircut, simple
$21.5
$23.3
👖 Brand Jeans
$88.3
$58.7
👟 Brand Sneakers
$97.5
$101
👶 Daycare or Preschool, 1 month
$588
$1188
🏫 International Primary School, 1 year
$10308
$18175

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1777
11 km or 6.7 mi Coslada
$1569
14 km or 8.5 mi Alcobendas
$1527
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1594
18 km or 11 mi Torrejon de Ardoz
$1472
21 km or 13 mi Tres Cantos
$1392
29 km or 18 mi Alcala de Henares
$1447
50 km or 31 mi Guadalajara
$1121
68 km or 42 mi Toledo
$1292
69 km or 43 mi Segovia
$1335
138 km or 86 mi Cuenca
$1163
155 km or 97 mi Laguna de Duero
$1255
158 km or 98 mi Villarrobledo
$1285
162 km or 101 mi Valladolid
$1270
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$972
208 km or 129 mi Plasencia
$1170
211 km or 131 mi Zamora
$1269
215 km or 133 mi Burgos
$1222
223 km or 139 mi Albacete
$1039
242 km or 150 mi Villanueva de la Serena
$1216
244 km or 151 mi Requena
$1314
250 km or 156 mi Logrono
$1018
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1319
258 km or 160 mi Linares
$1314
269 km or 167 mi Ubeda
$1460
272 km or 169 mi Zaragoza
$1327
281 km or 175 mi Merida
$1181
283 km or 176 mi Vitoria-Gasteiz
$1611
288 km or 179 mi Leon
$1328
295 km or 183 mi Jaen
$1017
296 km or 184 mi Jumilla
$1256
297 km or 184 mi Cordoba
$1170
298 km or 185 mi Yecla
$1275
299 km or 186 mi Braganca
$866
301 km or 187 mi Martos
$1279
302 km or 187 mi Caravaca de la Cruz
$1256
302 km or 188 mi Valencia
$1578

Cities near Toronto

Distance City Cost of living
20 km or 13 mi Vaughan
$2318
23 km or 14 mi Mississauga
$2483
24 km or 15 mi Richmond Hill
$2632
26 km or 16 mi Markham
$2391
31 km or 19 mi Brampton
$2129
34 km or 21 mi Oakville
$2259
35 km or 22 mi Ajax
$2579
46 km or 28 mi Halton Hills
$2106
50 km or 31 mi Oshawa
$1628
51 km or 32 mi Burlington
$2303
54 km or 34 mi New Tecumseth
$2141
56 km or 35 mi St. Catharines
$1973
60 km or 37 mi Hamilton
$2160
65 km or 40 mi Orangeville
$1982
67 km or 41 mi Niagara Falls
$1888
71 km or 44 mi Niagara Falls
$1545
71 km or 44 mi Guelph
$2009
77 km or 48 mi Welland
$1770
81 km or 50 mi Grand Island
$1800
81 km or 51 mi Lockport
$1882
82 km or 51 mi North Tonawanda
$1851
82 km or 51 mi Cambridge
$2275
84 km or 52 mi Barrie
$2008
89 km or 56 mi Brantford
$1886
90 km or 56 mi Amherst
$2008
92 km or 57 mi Kitchener
$2147
94 km or 58 mi Waterloo
$2089
96 km or 59 mi Buffalo
$2044
100 km or 62 mi Cheektowaga
$2027
100 km or 62 mi Clarence
$1967
103 km or 64 mi West Seneca
$2027
103 km or 64 mi Orillia
$2040
105 km or 65 mi Lancaster
$1994
111 km or 69 mi Peterborough
$2015
112 km or 70 mi Hamburg
$2000
114 km or 71 mi Orchard Park
$2011
132 km or 82 mi Stratford
$1808
146 km or 91 mi Greece
$2071
146 km or 91 mi Chili
$2060
148 km or 92 mi Gates
$2084