Cost of living in Madrid (Spain) is 34% cheaper than in Melbourne (Australia)
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This comparison is based on abundant and consistent data. It is based on 2,362 prices entered by 284 different people.
Full price comparison, by category
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Currency:
| Food | - 24% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 24% cheaper than in Melbourne (Australia) | ||||
| Update prices | Update prices | |||
| Madrid | Melbourne | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €17 (AU$27) | AU$24 | + 14% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €10 (AU$16) | AU$15 | + 8% | |
| 500 gr (1 lb.) of boneless chicken breast | €3.83 (AU$6) | AU$7 | - 13% | |
| 1 liter (1 qt.) of whole fat milk | €1.04 (AU$1.70) | AU$2.15 | - 21% | |
| 12 eggs, large | €2.99 (AU$4.92) | AU$7 | - 27% | |
| 1 kg (2 lb.) of tomatoes | €2.25 (AU$3.70) | AU$8 | - 54% | |
| 500 gr (16 oz.) of local cheese | €7 (AU$11) | AU$8 | + 42% | |
| 1 kg (2 lb.) of apples | €2.25 (AU$3.70) | AU$5.67 | - 35% | |
| 1 kg (2 lb.) of potatoes | €1.54 (AU$2.54) | AU$3.74 | - 32% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.12 (AU$1.84) | AU$7 | - 74% | |
| 1 bottle of red table wine, good quality | €7 (AU$11) | AU$19 | - 42% | |
| 2 liters of coca-cola | €1.98 (AU$3.26) | AU$3.79 | - 14% | |
| Bread for 2 people for 1 day | €1.09 (AU$1.79) | AU$3.44 | - 48% | |
| Housing | - 26% | |||
| Housing in Madrid (Spain) is 26% cheaper than in Melbourne (Australia) | ||||
| Update prices | Update prices | |||
| Madrid | Melbourne | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,880 (AU$3,092) | AU$4,057 | - 24% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,226 (AU$2,017) | AU$2,705 | - 25% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €125 (AU$205) | AU$268 | - 24% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,221 (AU$2,009) | AU$2,283 | - 12% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €844 (AU$1,388) | AU$1,894 | - 27% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €73 (AU$120) | AU$169 | - 29% | |
| Internet 8 mbps (1 month) | €27 (AU$44) | AU$76 | - 43% | |
| 40” flat screen tv | €287 (AU$473) | AU$829 | - 43% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €95 (AU$155) | AU$245 | - 36% | |
| Laundry detergent (3 l. ~ 100 oz.) | €10 (AU$17) | AU$19 | - 12% | |
| Hourly rate for cleaning help | €12 (AU$20) | AU$40 | - 50% | |
| Clothes | - 28% | |||
| Clothes in Madrid (Spain) is 28% cheaper than in Melbourne (Australia) | ||||
| Update prices | Update prices | |||
| Madrid | Melbourne | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €73 (AU$121) | AU$119 | + 1% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €29 (AU$48) | AU$88 | - 45% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €84 (AU$139) | AU$169 | - 18% | |
| 1 pair of men’s leather business shoes | €86 (AU$142) | AU$182 | - 22% | |
| Transportation | - 50% | |||
| Transportation in Madrid (Spain) is 50% cheaper than in Melbourne (Australia) | ||||
| Update prices | Update prices | |||
| Madrid | Melbourne | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €28,498 (AU$46,884) | AU$39,104 | + 20% | |
| 1 liter (1/4 gallon) of gas | €1.66 (AU$2.73) | AU$2.00 | + 36% | |
| Monthly ticket public transport | €34 (AU$55) | AU$183 | - 70% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €13 (AU$21) | AU$34 | - 38% | |
| Personal Care | - 15% | |||
| Personal Care in Madrid (Spain) is 15% cheaper than in Melbourne (Australia) | ||||
| Update prices | Update prices | |||
| Madrid | Melbourne | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €8 (AU$12) | AU$9 | + 45% | |
| 1 box of antibiotics (12 doses) | €4.78 (AU$8) | AU$19 | - 58% | |
| Short visit to private doctor (15 minutes) | €60 (AU$98) | AU$82 | + 20% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.86 (AU$6) | AU$7 | - 11% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.31 (AU$5.44) | AU$5.66 | - 4% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.21 (AU$5.28) | AU$11 | - 53% | |
| 4 rolls of toilet paper | €2.17 (AU$3.57) | AU$5.09 | - 30% | |
| Tube of toothpaste | €2.45 (AU$4.02) | AU$5.82 | - 31% | |
| Standard men's haircut in expat area of the city | €25 (AU$40) | AU$42 | - 5% | |
| Entertainment | - 32% | |||
| Entertainment in Madrid (Spain) is 32% cheaper than in Melbourne (Australia) | ||||
| Update prices | Update prices | |||
| Madrid | Melbourne | Diff | ||
| Basic dinner out for two in neighborhood pub | €39 (AU$64) | AU$72 | - 10% | |
| 2 tickets to the movies | €19 (AU$31) | AU$45 | - 31% | |
| 2 tickets to the theater (best available seats) | €49 (AU$81) | AU$406 | - 80% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €54 (AU$89) | AU$118 | - 25% | |
| 1 cocktail drink in downtown club | €14 (AU$22) | AU$24 | - 9% | |
| Cappuccino in expat area of the city | €3.06 (AU$5.03) | AU$5.29 | - 5% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.36 (AU$7) | AU$13 | - 43% | |
| Ipad wi-fi 128gb | €553 (AU$910) | AU$1,059 | - 14% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.19 (AU$0.31) | AU$0.43 | - 30% | |
| 1 month of gym membership in business district | €51 (AU$85) | AU$83 | + 1% | |
| 1 package of marlboro cigarettes | €5.48 (AU$9) | AU$46 | - 80% | |
 |
TOTAL | - 34% | ||
These prices were last updated on September 20, 2024.
Exchange rate:
1.645
AUD
/
EUR
This comparison is based on abundant and consistent data. It is based on 2,362 prices entered by 284 different people.
Detailed prices for each city individually
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