Madrid vs Toronto - Cost of Living Comparison

Updated:

Livingcost

Madrid Toronto
🚶 Cost of living one person
$1889
$2575
👨‍👩‍👧‍👦 Cost of living Family
$4256
$5897
🏠 One person rent
$1111
$1551
🏘️ Family rent
$1849
$2665
🍽️ Food expenses
$457
$626
🚐 Transport expenses
$177
$255
💳 Monthly salary after tax
$2391
$3590
😷 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 2194th and 656th ($1889 vs $2575) in the list of the most expensive cities in the world and ranked 5th 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 149th and 52nd 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
$15.3
$16.4
🥂 Dinner in a Restaurant, for 2
$58.7
$81.8
🥪 Fast food meal, equiv. McDonald's
$11
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.18
$6.33
☕ Cappuccino
$2.93
$4.66
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.83
$2.14
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1256
$1664
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$911
$1358
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2211
$2901
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1526
$2388
🔌 Utility Bill one person, electricity, heating, water, etc.
$98
$80.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$124
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.1
$50.5
🏦 Mortgage Interest Rate for 20 Years
3.68%
6.43%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6496
$10232
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4015
$8102
Transportation
🚌 Local transport ticket
$1.65
$2.46
🎟️ Monthly ticket local transport
$45.3
$119
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$16.3
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.85
$1.15
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$3.15
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$2.6
🍚 Rice, 1 kg or 2.2 lb
$1.51
$3.08
🥚 Eggs, x12
$3.24
$3.95
🧀 Cheese, 1 kg or 2.2 lb
$15.1
$14
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.47
$13
🥩 Round Steak, 1 kg or 2.2 lb
$15.4
$14
🍏 Apples, 1 kg or 2.2 lb
$2.61
$4.01
🍌 Banana, 1 kg or 2.2 lb
$2.01
$1.46
🍊 Oranges, 1 kg or 2.2 lb
$2.2
$3.58
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$4.07
🥔 Potato, 1 kg or 2.2 lb
$1.85
$2.57
🧅 Onion, 1 kg or 2.2 lb
$1.82
$2.82
🌊 Water, 1 L or 1 qt
$0.62
$1.24
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.22
$2.48
🍾 Wine (mid-priced), 750 mL bottle
$7.49
$14.7
🍺 Beer, 0.5 L or 16 fl oz
$1.3
$2.7
🚬 Cigarette pack
$6.16
$14.1
💊 Cold medicince, 1 week
$9.3
$13.9
🧴 Hair Shampoo
$3.59
$7.04
🧻 Toilet paper, 4 rolls
$2.4
$3.36
👄 Toothpaste, 1 tube
$2.71
$3.37
Other
🏋️ Gym Membership, 1 month
$47.2
$56.8
🎫 Cinema Ticket, 1 person
$11.5
$13.3
👩‍⚕️ Doctor's visit
$67.3
$69.6
💇 Haircut, simple
$21.5
$23.3
👖 Brand Jeans
$89.1
$58.7
👟 Brand Sneakers
$96.9
$99.9
👶 Daycare or Preschool, 1 month
$585
$1200
🏫 International Primary School, 1 year
$10462
$18156

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
$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 Toronto

Distance City Cost of living
20 km or 13 mi Vaughan
$2332
23 km or 14 mi Mississauga
$2472
24 km or 15 mi Richmond Hill
$2618
26 km or 16 mi Markham
$2398
31 km or 19 mi Brampton
$2127
34 km or 21 mi Oakville
$2266
35 km or 22 mi Ajax
$2597
46 km or 28 mi Halton Hills
$2086
50 km or 31 mi Oshawa
$1635
51 km or 32 mi Burlington
$2297
54 km or 34 mi New Tecumseth
$2143
56 km or 35 mi St. Catharines
$1975
60 km or 37 mi Hamilton
$2154
65 km or 40 mi Orangeville
$1971
67 km or 41 mi Niagara Falls
$1885
71 km or 44 mi Niagara Falls
$1543
71 km or 44 mi Guelph
$2012
77 km or 48 mi Welland
$1762
81 km or 50 mi Grand Island
$1798
81 km or 51 mi Lockport
$1873
82 km or 51 mi North Tonawanda
$1853
82 km or 51 mi Cambridge
$2267
84 km or 52 mi Barrie
$1999
89 km or 56 mi Brantford
$1884
90 km or 56 mi Amherst
$2018
92 km or 57 mi Kitchener
$2144
94 km or 58 mi Waterloo
$2095
96 km or 59 mi Buffalo
$2051
100 km or 62 mi Cheektowaga
$2029
100 km or 62 mi Clarence
$1964
103 km or 64 mi West Seneca
$2041
103 km or 64 mi Orillia
$2038
105 km or 65 mi Lancaster
$1986
111 km or 69 mi Peterborough
$2017
112 km or 70 mi Hamburg
$2009
114 km or 71 mi Orchard Park
$2007
132 km or 82 mi Stratford
$1814
146 km or 91 mi Greece
$2074
146 km or 91 mi Chili
$2046
148 km or 92 mi Gates
$2085