Cost of living in Madrid (Spain) is 19% more expensive than in Monterrey (Mexico)
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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,995 prices entered by 253 different people.
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| Food | + 11% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 11% more expensive than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €17 (Mex$ 361) | Mex$ 285 | + 27% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €10 (Mex$ 219) | Mex$ 156 | + 40% | |
| 500 gr (1 lb.) of boneless chicken breast | €3.87 (Mex$ 82) | Mex$ 77 | + 6% | |
| 1 liter (1 qt.) of whole fat milk | €1.08 (Mex$ 23) | Mex$ 29 | - 23% | |
| 12 eggs, large | €3.13 (Mex$ 66) | Mex$ 51 | + 29% | |
| 1 kg (2 lb.) of tomatoes | €2.15 (Mex$ 45) | Mex$ 36 | + 28% | |
| 500 gr (16 oz.) of local cheese | €7 (Mex$ 144) | Mex$ 123 | + 17% | |
| 1 kg (2 lb.) of apples | €2.21 (Mex$ 47) | Mex$ 48 | - 2% | |
| 1 kg (2 lb.) of potatoes | €1.57 (Mex$ 33) | Mex$ 40 | - 17% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.10 (Mex$ 23) | Mex$ 26 | - 11% | |
| 1 bottle of red table wine, good quality | €7 (Mex$ 148) | Mex$ 284 | - 48% | |
| 2 liters of coca-cola | €2.02 (Mex$ 43) | Mex$ 38 | + 11% | |
| Bread for 2 people for 1 day | €1.10 (Mex$ 23) | Mex$ 24 | - 2% | |
| Housing | + 24% | |||
| Housing in Madrid (Spain) is 24% more expensive than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,855 (Mex$ 39,169) | Mex$ 33,092 | + 18% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,249 (Mex$ 26,364) | Mex$ 18,542 | + 42% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €120 (Mex$ 2,527) | Mex$ 1,962 | + 29% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,223 (Mex$ 25,823) | Mex$ 21,926 | + 18% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €853 (Mex$ 18,011) | Mex$ 12,257 | + 47% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €70 (Mex$ 1,475) | Mex$ 1,532 | - 4% | |
| Internet 8 mbps (1 month) | €27 (Mex$ 559) | Mex$ 492 | + 14% | |
| 40” flat screen tv | €270 (Mex$ 5,704) | Mex$ 5,825 | - 2% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €92 (Mex$ 1,938) | Mex$ 3,555 | - 45% | |
| Laundry detergent (3 l. ~ 100 oz.) | €9 (Mex$ 199) | Mex$ 134 | + 49% | |
| Hourly rate for cleaning help | €11 (Mex$ 241) | Mex$ 89 | + 170% | |
| Clothes | - 2% | |||
| Clothes in Madrid (Spain) is about the same as in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €69 (Mex$ 1,453) | Mex$ 1,150 | + 26% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €28 (Mex$ 587) | Mex$ 728 | - 19% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €82 (Mex$ 1,733) | Mex$ 1,864 | - 7% | |
| 1 pair of men’s leather business shoes | €87 (Mex$ 1,835) | Mex$ 1,549 | + 18% | |
| Transportation | + 21% | |||
| Transportation in Madrid (Spain) is 21% more expensive than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €28,197 (Mex$ 595,296) | Mex$ 447,048 | + 33% | |
| 1 liter (1/4 gallon) of gas | €1.56 (Mex$ 33) | Mex$ 25 | + 31% | |
| Monthly ticket public transport | €32 (Mex$ 685) | Mex$ 664 | + 3% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €13 (Mex$ 281) | Mex$ 90 | + 213% | |
| Personal Care | + 12% | |||
| Personal Care in Madrid (Spain) is 12% more expensive than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €9 (Mex$ 201) | Mex$ 85 | + 135% | |
| 1 box of antibiotics (12 doses) | €7 (Mex$ 149) | Mex$ 367 | - 59% | |
| Short visit to private doctor (15 minutes) | €55 (Mex$ 1,163) | Mex$ 673 | + 73% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.75 (Mex$ 79) | Mex$ 65 | + 22% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.20 (Mex$ 68) | Mex$ 63 | + 7% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.32 (Mex$ 70) | Mex$ 86 | - 18% | |
| 4 rolls of toilet paper | €2.15 (Mex$ 45) | Mex$ 38 | + 20% | |
| Tube of toothpaste | €2.78 (Mex$ 59) | Mex$ 35 | + 69% | |
| Standard men's haircut in expat area of the city | €20 (Mex$ 421) | Mex$ 255 | + 65% | |
| Entertainment | + 26% | |||
| Entertainment in Madrid (Spain) is 26% more expensive than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Basic dinner out for two in neighborhood pub | €40 (Mex$ 849) | Mex$ 370 | + 129% | |
| 2 tickets to the movies | €19 (Mex$ 411) | Mex$ 206 | + 99% | |
| 2 tickets to the theater (best available seats) | €50 (Mex$ 1,066) | Mex$ 870 | + 22% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €57 (Mex$ 1,200) | Mex$ 1,104 | + 9% | |
| 1 cocktail drink in downtown club | €14 (Mex$ 291) | Mex$ 172 | + 69% | |
| Cappuccino in expat area of the city | €3.23 (Mex$ 68) | Mex$ 78 | - 13% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.56 (Mex$ 96) | Mex$ 59 | + 64% | |
| Ipad wi-fi 128gb | €553 (Mex$ 11,673) | Mex$ 12,351 | - 5% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.27 (Mex$ 5.64) | Mex$ 4.28 | + 32% | |
| 1 month of gym membership in business district | €51 (Mex$ 1,083) | Mex$ 1,509 | - 28% | |
| 1 package of marlboro cigarettes | €5.51 (Mex$ 116) | Mex$ 76 | + 54% | |
 |
TOTAL | + 19% | ||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,995 prices entered by 253 different people.
These prices were last updated on December 13, 2024.
Exchange rate:
21.112
MXN
/
EUR
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For example, you would need at least Mex$ 111,776 (€5,294) in Madrid to maintain the same standard of living that you can have with Mex$ 94,000 in Monterrey.
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