Cost of living in Madrid (Spain) is 5% cheaper than in Dunedin (New Zealand)
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This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,340 prices entered by 269 different people.
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| Food | - 8% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 8% cheaper than in Dunedin (New Zealand) | ||||
| Update prices | Update prices | |||
| Madrid | Dunedin | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €17 (NZ$29) | NZ$17 | + 75% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €8 (NZ$14) | NZ$13 | + 5% | |
| 500 gr (1 lb.) of boneless chicken breast | €3.33 (NZ$5.67) | NZ$8 | - 28% | |
| 1 liter (1 qt.) of whole fat milk | €0.88 (NZ$1.50) | NZ$2.00 | - 25% | |
| 12 eggs, large | €2.24 (NZ$3.82) | NZ$5.93 | - 36% | |
| 1 kg (2 lb.) of tomatoes | €1.73 (NZ$2.94) | NZ$6 | - 54% | |
| 500 gr (16 oz.) of local cheese | €5.50 (NZ$9) | NZ$6 | + 46% | |
| 1 kg (2 lb.) of apples | €1.89 (NZ$3.22) | NZ$3.90 | - 17% | |
| 1 kg (2 lb.) of potatoes | €1.04 (NZ$1.77) | NZ$3.73 | - 53% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €0.98 (NZ$1.68) | - | - | |
| 1 bottle of red table wine, good quality | €7 (NZ$12) | NZ$19 | - 39% | |
| 2 liters of coca-cola | €1.68 (NZ$2.87) | NZ$3.31 | - 13% | |
| Bread for 2 people for 1 day | €0.84 (NZ$1.43) | NZ$2.03 | - 29% | |
| Housing | - 9% | |||
| Housing in Madrid (Spain) is 9% cheaper than in Dunedin (New Zealand) | ||||
| Update prices | Update prices | |||
| Madrid | Dunedin | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,413 (NZ$2,405) | NZ$2,331 | + 3% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €980 (NZ$1,667) | NZ$1,728 | - 4% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €132 (NZ$224) | NZ$246 | - 9% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €916 (NZ$1,559) | NZ$1,695 | - 8% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €680 (NZ$1,158) | NZ$1,062 | + 9% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €96 (NZ$164) | NZ$143 | + 14% | |
| Internet 8 mbps (1 month) | €33 (NZ$56) | NZ$80 | - 30% | |
| 40” flat screen tv | €333 (NZ$566) | NZ$750 | - 24% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €90 (NZ$153) | NZ$252 | - 39% | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 (NZ$15) | NZ$14 | + 4% | |
| Hourly rate for cleaning help | €11 (NZ$18) | NZ$23 | - 21% | |
| Clothes | - 19% | |||
| Clothes in Madrid (Spain) is 19% cheaper than in Dunedin (New Zealand) | ||||
| Update prices | Update prices | |||
| Madrid | Dunedin | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €69 (NZ$118) | NZ$114 | + 4% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €28 (NZ$47) | NZ$74 | - 37% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €74 (NZ$126) | NZ$157 | - 20% | |
| 1 pair of men’s leather business shoes | €99 (NZ$168) | NZ$166 | + 2% | |
| Transportation | + 5% | |||
| Transportation in Madrid (Spain) is 5% more expensive than in Dunedin (New Zealand) | ||||
| Update prices | Update prices | |||
| Madrid | Dunedin | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,849 (NZ$42,292) | NZ$36,825 | + 15% | |
| 1 liter (1/4 gallon) of gas | €1.76 (NZ$3.00) | NZ$2.47 | + 21% | |
| Monthly ticket public transport | €51 (NZ$87) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €15 (NZ$26) | NZ$35 | - 25% | |
| Personal Care | - 10% | |||
| Personal Care in Madrid (Spain) is 10% cheaper than in Dunedin (New Zealand) | ||||
| Update prices | Update prices | |||
| Madrid | Dunedin | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €3.60 (NZ$6) | NZ$16 | - 62% | |
| 1 box of antibiotics (12 doses) | €6 (NZ$10) | NZ$7 | + 47% | |
| Short visit to private doctor (15 minutes) | €37 (NZ$63) | NZ$42 | + 51% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.84 (NZ$7) | NZ$7 | - 2% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €1.81 (NZ$3.09) | NZ$4.69 | - 34% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.31 (NZ$3.93) | NZ$5.67 | - 31% | |
| 4 rolls of toilet paper | €1.48 (NZ$2.51) | NZ$2.80 | - 10% | |
| Tube of toothpaste | €1.82 (NZ$3.10) | NZ$3.33 | - 7% | |
| Standard men's haircut in expat area of the city | €19 (NZ$33) | NZ$27 | + 20% | |
| Entertainment | + 3% | |||
| Entertainment in Madrid (Spain) is about the same as in Dunedin (New Zealand) | ||||
| Update prices | Update prices | |||
| Madrid | Dunedin | Diff | ||
| Basic dinner out for two in neighborhood pub | €35 (NZ$60) | NZ$53 | + 13% | |
| 2 tickets to the movies | €18 (NZ$31) | NZ$27 | + 13% | |
| 2 tickets to the theater (best available seats) | €53 (NZ$90) | NZ$149 | - 40% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €46 (NZ$79) | NZ$99 | - 21% | |
| 1 cocktail drink in downtown club | €13 (NZ$21) | NZ$15 | + 42% | |
| Cappuccino in expat area of the city | €3.63 (NZ$6) | NZ$4.90 | + 26% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.82 (NZ$8) | NZ$8 | - 1% | |
| Ipad wi-fi 128gb | €506 (NZ$861) | NZ$845 | + 2% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.20 (NZ$0.33) | - | - | |
| 1 month of gym membership in business district | €45 (NZ$76) | NZ$65 | + 17% | |
| 1 package of marlboro cigarettes | €5.10 (NZ$9) | - | - | |
 |
TOTAL | - 5% | ||
This comparison is lacking data. It provides a decent comparison, but it is not yet reliable. It is based on 1,340 prices entered by 269 different people.
These prices were last updated on July 03, 2022.
Exchange rate:
1.702
NZD
/
EUR
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For example, to keep the same standard of living that would require NZ$6,700 in Dunedin you would need to make just about NZ$6,396 (€3,758) in Madrid.
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