Cost of living comparison
compared to
Madrid vs. Gibraltar Cost of Living Summary
Madrid is 6.5% cheaper than Gibraltar.
- Restaurants
-
pay 19.4% more in Madrid
- Groceries
-
pay 19.0% less in Madrid
- Transportation
-
pay 13.0% less in Madrid
- Housing
-
pay 16.7% less in Madrid
- Childcare
-
pay 13.6% less in Madrid
- Entertainment and Sports
-
pay 5.1% less in Madrid
- Clothing
-
pay 2.8% more in Madrid
The cost of restaurants and clothing in Madrid are more expensive than in Gibraltar. Expenses including groceries, housing, childcare, transportation, and entertainment and sports are lower in Madrid.
Madrid vs. Gibraltar Cost Breakdown
If you lived in Madrid instead of Gibraltar, you would:
pay 19.4% more for restaurants
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.03
GIP15.13
|
$18.10
€15.61
|
|
|
Fast food combo meal
McDonalds, or similar
|
$14.36
GIP10.84
|
$11.68
€10.07
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.66
GIP1.25
|
$3.13
€2.70
|
|
| Bottle of water (11 fl. oz) |
$1.87
GIP1.41
|
$2.19
€1.89
|
|
Gibraltar vs. Madrid - Cost of restaurants
pay 19.0% less for groceries
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.97
GIP1.49
|
$1.71
€1.48
|
|
| Local cheese (8 oz) |
$5.27
GIP3.98
|
$7.25
€6.25
|
|
| Milk (1 gallon) |
$7.33
GIP5.54
|
$4.61
€3.97
|
|
|
Eggs
1 dozen
|
$5.06
GIP3.82
|
$3.36
€2.89
|
|
| Boneless chicken breast (1 lb) |
$3.98
GIP3.00
|
$4.05
€3.50
|
|
| Apples (1 lb) |
$1.76
GIP1.33
|
$1.18
€1.02
|
|
| Bananas (1 lb) |
$1.64
GIP1.24
|
$1.02
€0.88
|
|
| Oranges (1 lb) |
$1.97
GIP1.49
|
$1.19
€1.03
|
|
| Tomatoes (1 lb) |
$1.70
GIP1.28
|
$1.26
€1.09
|
|
| Potatoes (1 lb) |
$1.26
GIP0.95
|
$0.94
€0.81
|
|
| Onions (1 lb) |
$1.05
GIP0.80
|
$1.01
€0.87
|
|
Gibraltar vs. Madrid - Cost of groceries
pay 13.0% less for transportation
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$5.78
GIP4.36
|
$7.08
€6.10
|
|
| Monthly public transit pass | ?? |
$45.84
€39.53
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$44,903.92
GIP33,910.54
|
$38,541.72
€33,235.57
|
|
| Taxi trip in downtown area (5 miles) |
$30.71
GIP23.20
|
$16.23
€14.00
|
|
Gibraltar vs. Madrid - Cost of transportation
pay 16.7% less for housing
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$70.78
GIP53.45
|
$34.54
€29.78
|
|
| 1-Bedroom apartment in downtown area |
$2,025.41
GIP1,529.55
|
$1,540.98
€1,328.83
|
|
| 1-Bedroom apartment outside city center |
$1,709.35
GIP1,290.87
|
$1,118.82
€964.79
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$107.69
GIP81.32
|
$153.78
€132.61
|
|
Gibraltar vs. Madrid - Cost of housing
pay 13.6% less for childcare
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$779.00
GIP588.29
|
$673.20
€580.51
|
|
| Middle school for 1 child, two semesters | ?? |
$13,119.76
€11,313.52
|
|
Gibraltar vs. Madrid - Cost of childcare
pay 5.1% less for entertainment and sports
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.34
GIP4.03
|
$4.50
€3.88
|
|
| Cappuccino in mid-range area |
$3.51
GIP2.65
|
$3.20
€2.76
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.74
GIP3.58
|
$7.01
€6.04
|
|
| Monthly membership at local gym |
$80.13
GIP60.51
|
$51.05
€44.03
|
|
| Movie ticket to theater/cinema |
$13.35
GIP10.08
|
$11.68
€10.07
|
|
Gibraltar vs. Madrid - Cost of entertainment and sports
pay 2.8% more for clothing
|
Gibraltar
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$132.99
GIP100.43
|
$98.88
€85.27
|
|
|
Regular dress
from H&M or similar store
|
$44.24
GIP33.41
|
$41.27
€35.59
|
|
|
Running shoes
Nike or Adidas
|
$98.21
GIP74.17
|
$107.49
€92.69
|
|
| Men's business shoes (leather) |
$93.48
GIP70.59
|
$125.44
€108.17
|
|
Gibraltar 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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cost of living in Gibraltar vs. Spain.
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