Madrid vs Toronto - Cost of Living Comparison

Updated:

Livingcost

Madrid Toronto
🚶 Cost of living one person
$1726
$2576
👨‍👩‍👧‍👦 Cost of living Family
$3985
$5834
🏠 One person rent
$986
$1582
🏘️ Family rent
$1693
$2702
🍽️ Food expenses
$440
$610
🚐 Transport expenses
$168
$248
💳 Monthly salary after tax
$2362
$3483
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
5 km
🎓 Higher education
98
86
😀 Quality of life
90
94
🏙️ Population
3.28M
2.79M

The cost of living in Madrid is 33% less expensive than in Toronto. Cities ranked 2577th and 571st ($1726 vs $2576) in the list of the most expensive cities in the world and ranked 7th and 6th in Spain and Canada, respectively. Check Spain vs Canada comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 1.4 months in Toronto. Madrid ranked 1st best city to live in Spain vs Toronto ranked 2nd in Canada, while ranked 121st and 36th 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
$14.1
$16.8
🥂 Dinner in a Restaurant, for 2
$58.9
$71.4
🥪 Fast food meal, equiv. McDonald's
$10
$10.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.01
$6.53
☕ Cappuccino
$2.55
$4.13
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.69
$2.09
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1118
$1662
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$805
$1377
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2068
$2941
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1386
$2385
🔌 Utility Bill one person, electricity, heating, water, etc.
$85.8
$98.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$138
$156
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.9
$49.7
🏦 Mortgage Interest Rate for 20 Years
2.58%
6.6%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4611
$10196
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2665
$8230
Transportation
🚌 Local transport ticket
$1.64
$2.47
🎟️ Monthly ticket local transport
$43.5
$112
🚕 Taxi Ride, 8 km or 5 mi
$14
$16.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.81
$1.18
Groceries
🥛 Milk, 1 L or 1 qt
$1.15
$2.97
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$2.59
🍚 Rice, 1 kg or 2.2 lb
$1.44
$3.04
🥚 Eggs, x12
$3.16
$3.89
🧀 Cheese, 1 kg or 2.2 lb
$14.8
$15.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.08
$13.6
🥩 Round Steak, 1 kg or 2.2 lb
$14.9
$14.2
🍏 Apples, 1 kg or 2.2 lb
$2.39
$3.74
🍌 Banana, 1 kg or 2.2 lb
$1.93
$1.36
🍊 Oranges, 1 kg or 2.2 lb
$1.79
$4.01
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$3.66
🥔 Potato, 1 kg or 2.2 lb
$1.48
$2.73
🧅 Onion, 1 kg or 2.2 lb
$1.58
$2.73
🌊 Water, 1 L or 1 qt
$0.64
$1.19
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.24
$2.55
🍾 Wine (mid-priced), 750 mL bottle
$6.7
$14
🍺 Beer, 0.5 L or 16 fl oz
$1.33
$2.47
🚬 Cigarette pack
$5.86
$13.9
💊 Cold medicince, 1 week
$11.5
$12.7
🧴 Hair Shampoo
$3.45
$6.99
🧻 Toilet paper, 4 rolls
$2.12
$3.58
👄 Toothpaste, 1 tube
$2.44
$3.37
Other
🏋️ Gym Membership, 1 month
$45.2
$52.7
🎫 Cinema Ticket, 1 person
$10.5
$12.7
👩‍⚕️ Doctor's visit
$72.3
$62.4
💇 Haircut, simple
$19.1
$22.5
👖 Brand Jeans
$73.2
$54.5
👟 Brand Sneakers
$84.6
$102
👶 Daycare or Preschool, 1 month
$529
$1117
🏫 International Primary School, 1 year
$9474
$18837

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
$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 Toronto

Distance City Cost of living
20 km or 13 mi Vaughan
$2390
23 km or 14 mi Mississauga
$2600
24 km or 15 mi Richmond Hill
$2622
26 km or 16 mi Markham
$2358
31 km or 19 mi Brampton
$2128
34 km or 21 mi Oakville
$2192
35 km or 22 mi Ajax
$2578
46 km or 28 mi Halton Hills
$2114
50 km or 31 mi Oshawa
$1598
51 km or 32 mi Burlington
$2293
54 km or 34 mi New Tecumseth
$2082
56 km or 35 mi St. Catharines
$2032
60 km or 37 mi Hamilton
$2244
65 km or 40 mi Orangeville
$2073
67 km or 41 mi Niagara Falls
$1862
71 km or 44 mi Niagara Falls
$1510
71 km or 44 mi Guelph
$2218
77 km or 48 mi Welland
$1734
81 km or 50 mi Grand Island
$1821
81 km or 51 mi Lockport
$1915
82 km or 51 mi North Tonawanda
$1879
82 km or 51 mi Cambridge
$2125
84 km or 52 mi Barrie
$1408
89 km or 56 mi Brantford
$1949
90 km or 56 mi Amherst
$2072
92 km or 57 mi Kitchener
$2084
94 km or 58 mi Waterloo
$2217
96 km or 59 mi Buffalo
$2194
100 km or 62 mi Cheektowaga
$2127
100 km or 62 mi Clarence
$2031
103 km or 64 mi West Seneca
$2156
103 km or 64 mi Orillia
$2004
105 km or 65 mi Lancaster
$2074
111 km or 69 mi Peterborough
$2049
112 km or 70 mi Hamburg
$2085
114 km or 71 mi Orchard Park
$2097
132 km or 82 mi Stratford
$1816
146 km or 91 mi Greece
$2178
146 km or 91 mi Chili
$2151
148 km or 92 mi Gates
$2190