Madrid vs Toronto - Cost of Living Comparison

Updated: March 02, 2025

	Madrid	Toronto
🚶 Cost of living one person	$1781	$2453
👨‍👩‍👧‍👦 Cost of living Family	$4027	$5408
🏠 One person rent	$1048	$1480
🏘️ Family rent	$1736	$2344
🍽️ Food expenses	$445	$602
🚐 Transport expenses	$163	$240
💳 Monthly salary after tax	$2294	$3141
😷 Air quality	Excellent	Good
✈️ Airport proximity	10 km	5 km
🎓 Higher education	98	86
😀 Quality of life	90	93
🏙️ Population	3.42M	2.79M

The cost of living in Madrid is 27% less expensive than in Toronto. Cities ranked 2443rd and 861st ($1781 vs $2453) in the list of the most expensive cities in the world and ranked 5th and 4th 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 1.3 months in Toronto. Madrid ranked 1st best city to live in Spain vs Toronto ranked 2nd in Canada, while ranked 151st and 59th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

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	$14.7	$17.3
🥂 Dinner in a Restaurant, for 2	$57	$74.9
🥪 Fast food meal, equiv. McDonald's	$10.6	$10.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.36	$6.08
☕ Cappuccino	$2.92	$4.07
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.77	$2.14
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1203	$1577
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$853	$1302
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2092	$2556
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1428	$2087
🔌 Utility Bill one person, electricity, heating, water, etc.	$94	$74.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$145	$114
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$30.6	$48.6
🏦 Mortgage Interest Rate for 20 Years	3.59%	5.83%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6884	$9200
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3988	$7455
Transportation
🚌 Local transport ticket	$1.56	$2.34
🎟️ Monthly ticket local transport	$32.4	$112
🚕 Taxi Ride, 8 km or 5 mi	$15.8	$15.4
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.74	$1.09
Groceries
🥛 Milk, 1 L or 1 qt	$1.11	$2.76
🍞 Bread, 0.5 kg or 1.1 lb	$1.31	$2.44
🍚 Rice, 1 kg or 2.2 lb	$1.31	$2.81
🥚 Eggs, x12	$3.12	$3.73
🧀 Cheese, 1 kg or 2.2 lb	$13.5	$13.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.12	$12.9
🥩 Round Steak, 1 kg or 2.2 lb	$14.5	$15
🍏 Apples, 1 kg or 2.2 lb	$2.31	$3.82
🍌 Banana, 1 kg or 2.2 lb	$1.91	$1.16
🍊 Oranges, 1 kg or 2.2 lb	$2.13	$3.25
🍅 Tomato, 1 kg or 2.2 lb	$2.26	$3.95
🥔 Potato, 1 kg or 2.2 lb	$1.78	$2.64
🧅 Onion, 1 kg or 2.2 lb	$1.77	$2.89
🌊 Water, 1 L or 1 qt	$0.59	$1.18
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.02	$2.34
🍾 Wine (mid-priced), 750 mL bottle	$6.89	$13.5
🍺 Beer, 0.5 L or 16 fl oz	$1.21	$2.5
🚬 Cigarette pack	$6.25	$13.2
💊 Cold medicince, 1 week	$11.5	$12.7
🧴 Hair Shampoo	$3.96	$5.96
🧻 Toilet paper, 4 rolls	$2.62	$3.23
👄 Toothpaste, 1 tube	$2.99	$3.62
Other
🏋️ Gym Membership, 1 month	$45	$47.2
🎫 Cinema Ticket, 1 person	$10.2	$12.2
👩‍⚕️ Doctor's visit	$58.3	$65.9
💇 Haircut, simple	$15.1	$22.2
👖 Brand Jeans	$80.7	$53.2
👟 Brand Sneakers	$90.1	$88.8
👶 Daycare or Preschool, 1 month	$576	$1130
🏫 International Primary School, 1 year	$10042	$17118

Cost of living in other countries

Cost of living

$349

$907

$6.64K

Cost of Living in the nearest cities

Cities near Madrid

Distance	City	Cost of living
11 km or 6.6 mi	Pozuelo de Alarcon	$1565
11 km or 6.7 mi	Coslada	$1530
14 km or 8.5 mi	Alcobendas	$1433
18 km or 11 mi	Mostoles	$1573
18 km or 11 mi	Fuenlabrada	$1389
18 km or 11 mi	Torrejon de Ardoz	$1387
21 km or 13 mi	Tres Cantos	$1309
29 km or 18 mi	Alcala de Henares	$1293
50 km or 31 mi	Guadalajara	$1056
68 km or 42 mi	Toledo	$1204
69 km or 43 mi	Segovia	$1285
138 km or 86 mi	Cuenca	$1084
155 km or 97 mi	Laguna de Duero	$1201
158 km or 98 mi	Villarrobledo	$1235
162 km or 101 mi	Valladolid	$1212
177 km or 110 mi	Salamanca	$1086
196 km or 122 mi	Puertollano	$812
208 km or 129 mi	Plasencia	$1098
211 km or 131 mi	Zamora	$1286
215 km or 133 mi	Burgos	$1107
223 km or 139 mi	Albacete	$1209
242 km or 150 mi	Villanueva de la Serena	$1157
244 km or 151 mi	Requena	$1261
250 km or 156 mi	Logrono	$983
251 km or 156 mi	Caceres	$947
253 km or 157 mi	Tudela	$1241
258 km or 160 mi	Linares	$1220
269 km or 167 mi	Ubeda	$1316
272 km or 169 mi	Zaragoza	$1101
281 km or 175 mi	Merida	$1126
283 km or 176 mi	Vitoria-Gasteiz	$1532
288 km or 179 mi	Leon	$1241
295 km or 183 mi	Jaen	$930
296 km or 184 mi	Jumilla	$1241
297 km or 184 mi	Cordoba	$1100
298 km or 185 mi	Yecla	$1324
299 km or 186 mi	Braganca	$806
301 km or 187 mi	Martos	$1204
302 km or 187 mi	Caravaca de la Cruz	$1221
302 km or 188 mi	Valencia	$1522

Cities near Toronto

Distance	City	Cost of living
20 km or 13 mi	Vaughan	$2267
23 km or 14 mi	Mississauga	$2370
24 km or 15 mi	Richmond Hill	$2447
26 km or 16 mi	Markham	$2291
31 km or 19 mi	Brampton	$1946
34 km or 21 mi	Oakville	$2142
35 km or 22 mi	Ajax	$2432
46 km or 28 mi	Halton Hills	$1966
50 km or 31 mi	Oshawa	$1554
51 km or 32 mi	Burlington	$2185
54 km or 34 mi	New Tecumseth	$2019
56 km or 35 mi	St. Catharines	$1846
60 km or 37 mi	Hamilton	$2017
65 km or 40 mi	Orangeville	$1861
67 km or 41 mi	Niagara Falls	$1771
71 km or 44 mi	Niagara Falls	$1888
71 km or 44 mi	Guelph	$1899
77 km or 48 mi	Welland	$1554
81 km or 50 mi	Grand Island	$2009
81 km or 51 mi	Lockport	$2021
82 km or 51 mi	North Tonawanda	$1992
82 km or 51 mi	Cambridge	$2089
84 km or 52 mi	Barrie	$1849
89 km or 56 mi	Brantford	$1783
90 km or 56 mi	Amherst	$2013
92 km or 57 mi	Kitchener	$2056
94 km or 58 mi	Waterloo	$1977
96 km or 59 mi	Buffalo	$2183
100 km or 62 mi	Cheektowaga	$2107
100 km or 62 mi	Clarence	$2056
103 km or 64 mi	West Seneca	$2145
103 km or 64 mi	Orillia	$1910
105 km or 65 mi	Lancaster	$2082
111 km or 69 mi	Peterborough	$1990
112 km or 70 mi	Hamburg	$2101
114 km or 71 mi	Orchard Park	$2100
132 km or 82 mi	Stratford	$1680
146 km or 91 mi	Greece	$2097
146 km or 91 mi	Chili	$2081
148 km or 92 mi	Gates	$2095