Cost of living comparison
compared to
Madrid vs. Banff Cost of Living Summary
Madrid is 12.7% more expensive than Banff.
- Restaurants
-
pay 27.6% more in Madrid
- Groceries
-
pay 20.3% less in Madrid
- Transportation
-
pay 52.8% more in Madrid
- Housing
-
pay 15.5% more in Madrid
- Childcare
-
pay 18.4% less in Madrid
- Entertainment and Sports
-
pay 15.5% less in Madrid
- Clothing
-
pay 46.9% more in Madrid
The cost of transportation, clothing, restaurants, and housing in Madrid are more expensive than in Banff. Expenses including groceries, childcare, and entertainment and sports are lower in Madrid.
Madrid vs. Banff Cost Breakdown
If you lived in Madrid instead of Banff, you would:
pay 27.6% more for restaurants
|
Banff
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$17.94
CA$24.81
|
$18.10
€15.55
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.76
CA$14.88
|
$11.68
€10.03
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.67
CA$2.31
|
$3.13
€2.69
|
|
| Bottle of water (11 fl. oz) |
$1.93
CA$2.67
|
$2.19
€1.88
|
|
Banff vs. Madrid - Cost of restaurants
pay 20.3% less for groceries
|
Banff
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.22
CA$3.07
|
$1.71
€1.47
|
|
| Local cheese (8 oz) |
$6.13
CA$8.48
|
$7.25
€6.22
|
|
| Milk (1 gallon) |
$7.71
CA$10.67
|
$4.61
€3.96
|
|
|
Eggs
1 dozen
|
$3.76
CA$5.20
|
$3.36
€2.88
|
|
| Boneless chicken breast (1 lb) |
$5.90
CA$8.16
|
$4.05
€3.48
|
|
| Apples (1 lb) |
$1.84
CA$2.55
|
$1.18
€1.01
|
|
| Bananas (1 lb) |
$0.68
CA$0.95
|
$1.02
€0.88
|
|
| Oranges (1 lb) |
$2.22
CA$3.07
|
$1.19
€1.03
|
|
| Tomatoes (1 lb) |
$2.28
CA$3.15
|
$1.26
€1.08
|
|
| Potatoes (1 lb) |
$1.30
CA$1.80
|
$0.94
€0.81
|
|
| Onions (1 lb) |
$1.45
CA$2.00
|
$1.01
€0.87
|
|
Banff vs. Madrid - Cost of groceries
pay 52.8% more for transportation
|
Banff
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.76
CA$5.20
|
$7.08
€6.08
|
|
| Monthly public transit pass |
$21.53
CA$29.77
|
$45.84
€39.37
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$24,382.26
CA$33,717.01
|
$38,541.72
€33,100.05
|
|
| Taxi trip in downtown area (5 miles) |
$31.22
CA$43.17
|
$16.23
€13.94
|
|
Banff vs. Madrid - Cost of transportation
pay 15.5% more for housing
|
Banff
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$66.98
CA$92.62
|
$34.54
€29.66
|
|
| 1-Bedroom apartment in downtown area |
$861.11
CA$1,190.78
|
$1,540.98
€1,323.41
|
|
| 1-Bedroom apartment outside city center |
$861.11
CA$1,190.78
|
$1,118.82
€960.85
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$151.59
CA$209.62
|
$153.78
€132.07
|
|
Banff vs. Madrid - Cost of housing
pay 18.4% less for childcare
|
Banff
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$825.23
CA$1,141.17
|
$673.20
€578.15
|
|
| Middle school for 1 child, two semesters | ?? |
$13,119.76
€11,267.39
|
|
Banff vs. Madrid - Cost of childcare
pay 15.5% less for entertainment and sports
|
Banff
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.02
CA$6.95
|
$4.50
€3.86
|
|
| Cappuccino in mid-range area |
$4.03
CA$5.57
|
$3.20
€2.75
|
|
|
Pack of cigarettes
Marlboro or similar
|
$14.35
CA$19.85
|
$7.01
€6.02
|
|
| Monthly membership at local gym |
$74.15
CA$102.54
|
$51.05
€43.85
|
|
| Movie ticket to theater/cinema |
$8.61
CA$11.91
|
$11.68
€10.03
|
|
Banff vs. Madrid - Cost of entertainment and sports
pay 46.9% more for clothing
|
Banff
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$42.88
CA$59.29
|
$98.88
€84.92
|
|
|
Regular dress
from H&M or similar store
|
$43.06
CA$59.54
|
$41.27
€35.44
|
|
|
Running shoes
Nike or Adidas
|
$73.77
CA$102.01
|
$107.49
€92.31
|
|
| Men's business shoes (leather) |
$108.83
CA$150.50
|
$125.44
€107.73
|
|
Banff vs. Madrid - Cost of clothing
The statistics used to build this comparison are calculated using data from users just like you.
We average the price of thousands of data points entered by users across the world.
Learn more about our data sources. Page last updated: December 2025
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