Cost of living in Madrid (Spain) is 4% more expensive than in Monterrey (Mexico)
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This comparison is based on abundant and consistent data. It is based on 2,302 prices entered by 245 different people.
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| Food | - 4% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 4% cheaper than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €18 (Mex$ 336) | Mex$ 291 | + 15% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (Mex$ 163) | Mex$ 150 | + 9% | |
| 500 gr (1 lb.) of boneless chicken breast | €4.04 (Mex$ 75) | Mex$ 79 | - 5% | |
| 1 liter (1 qt.) of whole fat milk | €1.06 (Mex$ 20) | Mex$ 27 | - 27% | |
| 12 eggs, large | €3.06 (Mex$ 57) | Mex$ 49 | + 15% | |
| 1 kg (2 lb.) of tomatoes | €2.19 (Mex$ 41) | Mex$ 29 | + 40% | |
| 500 gr (16 oz.) of local cheese | €7 (Mex$ 127) | Mex$ 99 | + 29% | |
| 1 kg (2 lb.) of apples | €2.07 (Mex$ 38) | Mex$ 49 | - 21% | |
| 1 kg (2 lb.) of potatoes | €1.19 (Mex$ 22) | Mex$ 44 | - 49% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.08 (Mex$ 20) | Mex$ 25 | - 19% | |
| 1 bottle of red table wine, good quality | €7 (Mex$ 125) | Mex$ 329 | - 62% | |
| 2 liters of coca-cola | €2.05 (Mex$ 38) | Mex$ 32 | + 17% | |
| Bread for 2 people for 1 day | €0.82 (Mex$ 15) | Mex$ 20 | - 25% | |
| Housing | + 5% | |||
| Housing in Madrid (Spain) is 5% 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 | €1,487 (Mex$ 27,613) | Mex$ 32,765 | - 16% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,009 (Mex$ 18,735) | Mex$ 10,071 | + 86% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €143 (Mex$ 2,654) | Mex$ 1,225 | + 117% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,045 (Mex$ 19,412) | Mex$ 26,053 | - 25% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €729 (Mex$ 13,533) | Mex$ 7,713 | + 75% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €110 (Mex$ 2,036) | Mex$ 895 | + 127% | |
| Internet 8 mbps (1 month) | €28 (Mex$ 521) | Mex$ 362 | + 44% | |
| 40” flat screen tv | €344 (Mex$ 6,383) | Mex$ 6,542 | - 2% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €81 (Mex$ 1,499) | Mex$ 2,690 | - 44% | |
| Laundry detergent (3 l. ~ 100 oz.) | €7 (Mex$ 132) | Mex$ 122 | + 8% | |
| Hourly rate for cleaning help | €12 (Mex$ 216) | Mex$ 126 | + 71% | |
| Clothes | - 5% | |||
| Clothes in Madrid (Spain) is 5% cheaper than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €81 (Mex$ 1,510) | Mex$ 1,027 | + 47% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €31 (Mex$ 570) | Mex$ 769 | - 26% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €74 (Mex$ 1,382) | Mex$ 1,663 | - 17% | |
| 1 pair of men’s leather business shoes | €98 (Mex$ 1,812) | Mex$ 1,318 | + 37% | |
| Transportation | + 9% | |||
| Transportation in Madrid (Spain) is 9% 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 | €24,240 (Mex$ 450,125) | Mex$ 445,093 | + 1% | |
| 1 liter (1/4 gallon) of gas | €1.79 (Mex$ 33) | Mex$ 24 | + 38% | |
| Monthly ticket public transport | €44 (Mex$ 823) | Mex$ 901 | - 9% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €20 (Mex$ 373) | Mex$ 83 | + 350% | |
| Personal Care | - 3% | |||
| Personal Care in Madrid (Spain) is about the same as in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €6 (Mex$ 120) | Mex$ 85 | + 41% | |
| 1 box of antibiotics (12 doses) | €13 (Mex$ 247) | Mex$ 441 | - 44% | |
| Short visit to private doctor (15 minutes) | €56 (Mex$ 1,032) | Mex$ 608 | + 70% | |
| 1 box of 32 tampons (tampax, ob, ...) | €3.88 (Mex$ 72) | Mex$ 77 | - 6% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.72 (Mex$ 50) | Mex$ 67 | - 25% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.83 (Mex$ 71) | Mex$ 76 | - 7% | |
| 4 rolls of toilet paper | €2.23 (Mex$ 41) | Mex$ 37 | + 13% | |
| Tube of toothpaste | €2.24 (Mex$ 42) | Mex$ 41 | + 2% | |
| Standard men's haircut in expat area of the city | €20 (Mex$ 372) | Mex$ 236 | + 58% | |
| Entertainment | + 14% | |||
| Entertainment in Madrid (Spain) is 14% more expensive than in Monterrey (Mexico) | ||||
| Update prices | Update prices | |||
| Madrid | Monterrey | Diff | ||
| Basic dinner out for two in neighborhood pub | €37 (Mex$ 684) | Mex$ 364 | + 88% | |
| 2 tickets to the movies | €18 (Mex$ 328) | Mex$ 167 | + 96% | |
| 2 tickets to the theater (best available seats) | €57 (Mex$ 1,060) | Mex$ 674 | + 57% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €50 (Mex$ 937) | Mex$ 861 | + 9% | |
| 1 cocktail drink in downtown club | €12 (Mex$ 231) | Mex$ 194 | + 19% | |
| Cappuccino in expat area of the city | €2.82 (Mex$ 52) | Mex$ 81 | - 36% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.28 (Mex$ 80) | Mex$ 60 | + 33% | |
| Ipad wi-fi 128gb | €595 (Mex$ 11,054) | Mex$ 10,239 | + 8% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.13 (Mex$ 2.33) | Mex$ 3.34 | - 30% | |
| 1 month of gym membership in business district | €54 (Mex$ 1,006) | Mex$ 922 | + 9% | |
| 1 package of marlboro cigarettes | €5.17 (Mex$ 96) | Mex$ 73 | + 31% | |
 |
TOTAL | + 4% | ||
These prices were last updated on June 10, 2023.
Exchange rate:
18.569
MXN
/
EUR
This comparison is based on abundant and consistent data. It is based on 2,302 prices entered by 245 different people.
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For example, you would need at least Mex$ 92,722 (€4,993) in Madrid to maintain the same standard of living that you can have with Mex$ 89,000 in Monterrey.
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