Cost of living in Madrid (Spain) is 18% more expensive than in Buenos Aires (Argentina)
This comparison is based on abundant and consistent data. It is based on 5,962 prices entered by 699 different people.
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Currency:
| Food | + 0% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is about the same as in Buenos Aires (Argentina) | ||||
| Update prices | Update prices | |||
| Madrid | Buenos Aires | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €18 (ARS $3,869) | ARS $3,612 | + 7% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (ARS $1,854) | ARS $1,982 | - 6% | |
| 500 gr (1 lb.) of boneless chicken breast | €4.12 (ARS $895) | ARS $654 | + 37% | |
| 1 liter (1 qt.) of whole fat milk | €1.02 (ARS $222) | ARS $257 | - 14% | |
| 12 eggs, large | €2.83 (ARS $615) | ARS $535 | + 15% | |
| 1 kg (2 lb.) of tomatoes | €2.07 (ARS $448) | ARS $393 | + 14% | |
| 500 gr (16 oz.) of local cheese | €6 (ARS $1,354) | ARS $946 | + 43% | |
| 1 kg (2 lb.) of apples | €1.94 (ARS $421) | ARS $614 | - 32% | |
| 1 kg (2 lb.) of potatoes | €1.06 (ARS $230) | ARS $295 | - 22% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.02 (ARS $222) | ARS $376 | - 41% | |
| 1 bottle of red table wine, good quality | €7 (ARS $1,427) | ARS $1,397 | + 2% | |
| 2 liters of coca-cola | €1.97 (ARS $428) | ARS $515 | - 17% | |
| Bread for 2 people for 1 day | €0.82 (ARS $178) | ARS $196 | - 9% | |
| Housing | + 51% | |||
| Housing in Madrid (Spain) is 51% more expensive than in Buenos Aires (Argentina) | ||||
| Update prices | Update prices | |||
| Madrid | Buenos Aires | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,429 (ARS $310,082) | ARS $189,192 | + 64% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,012 (ARS $219,595) | ARS $123,314 | + 78% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €134 (ARS $29,077) | ARS $11,452 | + 154% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €983 (ARS $213,375) | ARS $174,762 | + 22% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €706 (ARS $153,114) | ARS $86,736 | + 77% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €93 (ARS $20,156) | ARS $15,495 | + 30% | |
| Internet 8 mbps (1 month) | €31 (ARS $6,690) | ARS $3,881 | + 72% | |
| 40” flat screen tv | €356 (ARS $77,344) | ARS $98,594 | - 22% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €88 (ARS $19,198) | ARS $38,204 | - 50% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (ARS $1,602) | ARS $1,836 | - 13% | |
| Hourly rate for cleaning help | €11 (ARS $2,417) | ARS $919 | + 163% | |
| Clothes | - 39% | |||
| Clothes in Madrid (Spain) is 39% cheaper than in Buenos Aires (Argentina) | ||||
| Update prices | Update prices | |||
| Madrid | Buenos Aires | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €80 (ARS $17,392) | ARS $26,299 | - 34% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €35 (ARS $7,542) | ARS $12,167 | - 38% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €79 (ARS $17,158) | ARS $34,727 | - 51% | |
| 1 pair of men’s leather business shoes | €101 (ARS $21,975) | ARS $35,277 | - 38% | |
| Transportation | + 77% | |||
| Transportation in Madrid (Spain) is 77% more expensive than in Buenos Aires (Argentina) | ||||
| Update prices | Update prices | |||
| Madrid | Buenos Aires | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,917 (ARS $5,407,651) | ARS $6,330,020 | - 15% | |
| 1 liter (1/4 gallon) of gas | €1.83 (ARS $397) | ARS $228 | + 75% | |
| Monthly ticket public transport | €46 (ARS $10,072) | ARS $2,987 | + 237% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €20 (ARS $4,385) | ARS $1,814 | + 142% | |
| Personal Care | + 27% | |||
| Personal Care in Madrid (Spain) is 27% more expensive than in Buenos Aires (Argentina) | ||||
| Update prices | Update prices | |||
| Madrid | Buenos Aires | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €5.37 (ARS $1,165) | ARS $848 | + 37% | |
| 1 box of antibiotics (12 doses) | €6 (ARS $1,349) | ARS $1,512 | - 11% | |
| Short visit to private doctor (15 minutes) | €50 (ARS $10,876) | ARS $2,674 | + 307% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.91 (ARS $848) | ARS $854 | - 1% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.01 (ARS $436) | ARS $462 | - 6% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.95 (ARS $640) | ARS $710 | - 10% | |
| 4 rolls of toilet paper | €1.99 (ARS $433) | ARS $537 | - 19% | |
| Tube of toothpaste | €2.03 (ARS $441) | ARS $413 | + 7% | |
| Standard men's haircut in expat area of the city | €21 (ARS $4,500) | ARS $1,727 | + 161% | |
| Entertainment | - 18% | |||
| Entertainment in Madrid (Spain) is 18% cheaper than in Buenos Aires (Argentina) | ||||
| Update prices | Update prices | |||
| Madrid | Buenos Aires | Diff | ||
| Basic dinner out for two in neighborhood pub | €39 (ARS $8,393) | ARS $5,863 | + 43% | |
| 2 tickets to the movies | €18 (ARS $3,824) | ARS $2,583 | + 48% | |
| 2 tickets to the theater (best available seats) | €60 (ARS $13,059) | ARS $9,728 | + 34% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €52 (ARS $11,281) | ARS $7,268 | + 55% | |
| 1 cocktail drink in downtown club | €12 (ARS $2,616) | ARS $2,105 | + 24% | |
| Cappuccino in expat area of the city | €3.16 (ARS $686) | ARS $892 | - 23% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.73 (ARS $1,026) | ARS $703 | + 46% | |
| Ipad wi-fi 128gb | €523 (ARS $113,424) | ARS $432,030 | - 74% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.27 (ARS $58) | ARS $57 | + 1% | |
| 1 month of gym membership in business district | €50 (ARS $10,930) | ARS $9,242 | + 18% | |
| 1 package of marlboro cigarettes | €5.27 (ARS $1,144) | ARS $763 | + 50% | |
 |
TOTAL | + 18% | ||
These prices were last updated on March 20, 2023.
Exchange rate:
217.026
ARS
/
EUR
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This comparison is based on abundant and consistent data. It is based on 5,962 prices entered by 699 different people.
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For example, you would need at least ARS $712,518 (€3,283) in Madrid to maintain the same standard of living that you can have with ARS $603,000 in Buenos Aires.
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