Cost of living comparison

compared to

Madrid vs. Geelong Cost of Living Summary

Madrid is 9.9% cheaper than Geelong.

Restaurants
pay 6.2% more in Madrid
Groceries
pay 12.0% less in Madrid
Transportation
pay 11.8% less in Madrid
Housing
pay 1.3% more in Madrid
Childcare
pay 56.8% less in Madrid
Entertainment and Sports
pay 32.4% less in Madrid
Clothing
pay 4.5% more in Madrid

The cost of restaurants, clothing, and housing in Madrid are more expensive than in Geelong. Expenses including childcare, entertainment and sports, groceries, and transportation are lower in Madrid.

Madrid vs. Geelong Cost Breakdown

If you lived in Madrid instead of Geelong, you would:

pay 6.2% more for restaurants

 
Geelong
Madrid
Basic meal with drink at inexpensive restaurant $17.41
A$25.33
$17.92
€16.07
Fast food combo meal
McDonalds, or similar
$10.44
A$15.20
$11.20
€10.05
Bottle of Coca-Cola (11 fl. oz) $2.83
A$4.11
$3.30
€2.96

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pay 12.0% less for groceries

 
Geelong
Madrid
Bread
1 loaf
$2.50
A$3.64
$1.57
€1.41
Local cheese (8 oz) $3.89
A$5.66
$8.35
€7.49
Milk (1 gallon) $5.80
A$8.44
$5.25
€4.71

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pay 11.8% less for transportation

 
Geelong
Madrid
Gasoline (1 gallon) $4.92
A$7.16
$6.88
€6.17
Monthly public transit pass $126.99
A$184.83
$36.95
€33.15
New Volkswagen Golf 1.4 (standard edition) $28,538.88
A$41,535.26
$35,271.67
€31,643.98

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pay 1.3% more for housing

 
Geelong
Madrid
Internet connection
50 mbps or faster, cable/dsl
$56.47
A$82.18
$34.86
€31.28
1-Bedroom apartment in downtown area $1,288.04
A$1,874.61
$1,491.38
€1,337.99
1-Bedroom apartment outside city center $1,364.63
A$1,986.07
$1,193.86
€1,071.07

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pay 56.8% less for childcare

 
Geelong
Madrid
Private preschool for 1 child, monthly $2,144.42
A$3,120.97
$668.48
€599.73
Middle school for 1 child, two semesters $29,879.04
A$43,485.72
$17,859.91
€16,023.02

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pay 32.4% less for entertainment and sports

 
Geelong
Madrid
Domestic/local beer (1 pint) $6.61
A$9.63
$3.92
€3.52
Cappuccino in mid-range area $3.83
A$5.57
$3.07
€2.76
Pack of cigarettes
Marlboro or similar
$44.55
A$64.84
$6.72
€6.03

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pay 4.5% more for clothing

 
Geelong
Madrid
Regular jeans
Levi's brand
$81.05
A$117.96
$86.50
€77.60
Regular dress
from H&M or similar store
$49.88
A$72.60
$42.98
€38.56
Running shoes
Nike or Adidas
$92.25
A$134.26
$108.99
€97.78

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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