Madrid vs Toronto - Cost of Living Comparison

Updated:

Livingcost

Madrid Toronto
🚶 Cost of living one person
$2109
$2415
👨‍👩‍👧‍👦 Cost of living Family
$4833
$5363
🏠 One person rent
$1251
$1430
🏘️ Family rent
$2104
$2259
🍽️ Food expenses
$517
$606
🚐 Transport expenses
$191
$236
💳 Monthly salary after tax
$2569
$3517
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
5 km
🎓 Higher education
98
86
😀 Quality of life
91
94
🏙️ Population
3.51M
2.79M

The cost of living in Madrid is 13% less expensive than in Toronto. Cities ranked 1723rd and 1059th ($2109 vs $2415) in the list of the most expensive cities in the world and ranked 4th and 6th in Spain and Canada, respectively. Check Spain vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 1.2 months in Madrid compared to 1.5 months in Toronto. Madrid ranked 1st best city to live in Spain vs Toronto ranked 1st in Canada, while ranked 160th and 46th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this picture

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
$17.6
$17.3
🥂 Dinner in a Restaurant, for 2
$60.1
$78.4
🥪 Fast food meal, equiv. McDonald's
$13.1
$10.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.64
$6.66
☕ Cappuccino
$3.76
$4.26
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$2.15
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1411
$1469
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1035
$1255
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2589
$2469
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1735
$1987
🔌 Utility Bill one person, electricity, heating, water, etc.
$108
$84.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$165
$128
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.4
$47.9
🏦 Mortgage Interest Rate for 20 Years
3.1%
4.71%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9054
$8879
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4487
$6979
Transportation
🚌 Local transport ticket
$1.75
$2.41
🎟️ Monthly ticket local transport
$42.5
$111
🚕 Taxi Ride, 8 km or 5 mi
$18.1
$14.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.8
$1.14
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$2.77
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$2.7
🍚 Rice, 1 kg or 2.2 lb
$1.51
$2.58
🥚 Eggs, x12
$3.97
$3.5
🧀 Cheese, 1 kg or 2.2 lb
$17.3
$14.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.98
$13.2
🥩 Round Steak, 1 kg or 2.2 lb
$17.7
$16.6
🍏 Apples, 1 kg or 2.2 lb
$3.06
$3.83
🍌 Banana, 1 kg or 2.2 lb
$2.39
$1.26
🍊 Oranges, 1 kg or 2.2 lb
$2.64
$3.8
🍅 Tomato, 1 kg or 2.2 lb
$2.88
$4.15
🥔 Potato, 1 kg or 2.2 lb
$2.22
$2.8
🧅 Onion, 1 kg or 2.2 lb
$2.27
$1.89
🌊 Water, 1 L or 1 qt
$0.67
$1.01
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.95
$2.31
🍾 Wine (mid-priced), 750 mL bottle
$8.81
$14.3
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$2.33
🚬 Cigarette pack
$7.01
$14.2
💊 Cold medicince, 1 week
$11.7
$11.7
🧴 Hair Shampoo
$4.43
$6.04
🧻 Toilet paper, 4 rolls
$2.43
$3.48
👄 Toothpaste, 1 tube
$2.55
$3.66
Other
🏋️ Gym Membership, 1 month
$53.1
$45.2
🎫 Cinema Ticket, 1 person
$11.8
$13.7
👩‍⚕️ Doctor's visit
$68.9
$73.5
💇 Haircut, simple
$17.4
$23.4
👖 Brand Jeans
$99.3
$61.4
👟 Brand Sneakers
$114
$89.2
👶 Daycare or Preschool, 1 month
$729
$930
🏫 International Primary School, 1 year
$16324
$22670

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812

Cities near Toronto

Distance City Cost of living
20 km or 13 mi Vaughan
$2233
23 km or 14 mi Mississauga
$2308
24 km or 15 mi Richmond Hill
$2483
26 km or 16 mi Markham
$2172
31 km or 19 mi Brampton
$2102
34 km or 21 mi Oakville
$2318
35 km or 22 mi Ajax
$2124
46 km or 28 mi Halton Hills
$2034
50 km or 31 mi Oshawa
$1581
51 km or 32 mi Burlington
$2214
54 km or 34 mi New Tecumseth
$1997
56 km or 35 mi St. Catharines
$1994
60 km or 37 mi Hamilton
$2006
65 km or 40 mi Orangeville
$1892
67 km or 41 mi Niagara Falls
$1892
71 km or 44 mi Niagara Falls
$1958
71 km or 44 mi Guelph
$2017
77 km or 48 mi Welland
$1848
81 km or 50 mi Grand Island
$2078
81 km or 51 mi Lockport
$2081
82 km or 51 mi North Tonawanda
$2084
82 km or 51 mi Cambridge
$2049
84 km or 52 mi Barrie
$1449
89 km or 56 mi Brantford
$1832
90 km or 56 mi Amherst
$2138
92 km or 57 mi Kitchener
$2109
94 km or 58 mi Waterloo
$1936
96 km or 59 mi Buffalo
$2303
100 km or 62 mi Cheektowaga
$2175
100 km or 62 mi Clarence
$2123
103 km or 64 mi West Seneca
$2181
103 km or 64 mi Orillia
$1939
105 km or 65 mi Lancaster
$2125
111 km or 69 mi Peterborough
$1953
112 km or 70 mi Hamburg
$1863
114 km or 71 mi Orchard Park
$2030
132 km or 82 mi Stratford
$1706
146 km or 91 mi Greece
$2046
146 km or 91 mi Chili
$2035
148 km or 92 mi Gates
$2053