Cost of living in Madrid (Spain) is 115% more expensive than in Arequipa (Peru)
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This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,774 prices entered by 211 different people.
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| Food | + 89% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 89% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Madrid | Arequipa | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €18 (S/. 71) | S/. 19 | + 279% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (S/. 35) | S/. 17 | + 99% | |
| 500 gr (1 lb.) of boneless chicken breast | €4.04 (S/. 16) | S/. 7 | + 114% | |
| 1 liter (1 qt.) of whole fat milk | €1.06 (S/. 4.19) | S/. 5.47 | - 23% | |
| 12 eggs, large | €3.06 (S/. 12) | S/. 5.78 | + 108% | |
| 1 kg (2 lb.) of tomatoes | €2.19 (S/. 9) | S/. 3.24 | + 166% | |
| 500 gr (16 oz.) of local cheese | €7 (S/. 27) | S/. 9 | + 185% | |
| 1 kg (2 lb.) of apples | €2.07 (S/. 8) | S/. 4.53 | + 80% | |
| 1 kg (2 lb.) of potatoes | €1.19 (S/. 4.71) | S/. 2.49 | + 89% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.08 (S/. 4.24) | S/. 8 | - 44% | |
| 1 bottle of red table wine, good quality | €7 (S/. 27) | S/. 32 | - 17% | |
| 2 liters of coca-cola | €2.05 (S/. 8) | S/. 7 | + 11% | |
| Bread for 2 people for 1 day | €0.82 (S/. 3.22) | S/. 2.02 | + 60% | |
| Housing | + 194% | |||
| Housing in Madrid (Spain) is 194% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Madrid | Arequipa | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,500 (S/. 5,914) | S/. 1,888 | + 213% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,007 (S/. 3,969) | S/. 898 | + 342% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €143 (S/. 563) | S/. 188 | + 200% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,051 (S/. 4,141) | S/. 1,260 | + 229% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €728 (S/. 2,869) | S/. 662 | + 333% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €110 (S/. 432) | S/. 134 | + 223% | |
| Internet 8 mbps (1 month) | €28 (S/. 111) | S/. 56 | + 98% | |
| 40” flat screen tv | €344 (S/. 1,355) | S/. 989 | + 37% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €81 (S/. 318) | S/. 375 | - 15% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (S/. 28) | S/. 24 | + 15% | |
| Hourly rate for cleaning help | €12 (S/. 46) | S/. 17 | + 164% | |
| Clothes | + 64% | |||
| Clothes in Madrid (Spain) is 64% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Madrid | Arequipa | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €81 (S/. 320) | S/. 139 | + 131% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €31 (S/. 121) | S/. 88 | + 37% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €74 (S/. 293) | S/. 216 | + 36% | |
| 1 pair of men’s leather business shoes | €98 (S/. 385) | S/. 193 | + 99% | |
| Transportation | + 127% | |||
| Transportation in Madrid (Spain) is 127% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Madrid | Arequipa | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,240 (S/. 95,541) | S/. 41,006 | + 133% | |
| 1 liter (1/4 gallon) of gas | €1.79 (S/. 7) | S/. 4.56 | + 55% | |
| Monthly ticket public transport | €44 (S/. 175) | S/. 68 | + 157% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €20 (S/. 79) | S/. 25 | + 214% | |
| Personal Care | + 87% | |||
| Personal Care in Madrid (Spain) is 87% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Madrid | Arequipa | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €6 (S/. 26) | S/. 7 | + 246% | |
| 1 box of antibiotics (12 doses) | €12 (S/. 48) | S/. 15 | + 224% | |
| Short visit to private doctor (15 minutes) | €56 (S/. 219) | S/. 64 | + 242% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.88 (S/. 15) | S/. 24 | - 35% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.72 (S/. 11) | S/. 12 | - 10% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.83 (S/. 15) | S/. 14 | + 6% | |
| 4 rolls of toilet paper | €2.23 (S/. 9) | S/. 4.69 | + 87% | |
| Tube of toothpaste | €2.24 (S/. 9) | S/. 5.15 | + 71% | |
| Standard men's haircut in expat area of the city | €20 (S/. 79) | S/. 22 | + 260% | |
| Entertainment | + 71% | |||
| Entertainment in Madrid (Spain) is 71% more expensive than in Arequipa (Peru) | ||||
| Update prices | Update prices | |||
| Madrid | Arequipa | Diff | ||
| Basic dinner out for two in neighborhood pub | €37 (S/. 145) | S/. 39 | + 268% | |
| 2 tickets to the movies | €18 (S/. 70) | S/. 25 | + 184% | |
| 2 tickets to the theater (best available seats) | €57 (S/. 225) | S/. 97 | + 131% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €50 (S/. 199) | S/. 65 | + 205% | |
| 1 cocktail drink in downtown club | €12 (S/. 49) | S/. 27 | + 83% | |
| Cappuccino in expat area of the city | €2.82 (S/. 11) | S/. 13 | - 15% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.28 (S/. 17) | S/. 8 | + 121% | |
| Ipad wi-fi 128gb | €595 (S/. 2,346) | S/. 1,969 | + 19% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.12 (S/. 0.49) | S/. 0.61 | - 20% | |
| 1 month of gym membership in business district | €54 (S/. 214) | S/. 102 | + 109% | |
| 1 package of marlboro cigarettes | €5.21 (S/. 21) | S/. 14 | + 44% | |
 |
TOTAL | + 115% | ||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,774 prices entered by 211 different people.
These prices were last updated on May 31, 2023.
Exchange rate:
3.941
PEN
/
EUR
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For example, you would need at least S/. 13,105 (€3,325) in Madrid to maintain the same standard of living that you can have with S/. 6,100 in Arequipa.
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