Cost of living comparison
compared to
Key West vs. Madrid Cost of Living Summary
Key West is 40.9% more expensive than Madrid.
- Restaurants
-
pay 1.9% more in Key West
- Groceries
-
pay 84.8% more in Key West
- Transportation
-
pay 0.5% more in Key West
- Housing
-
pay 2.1 times more in Key West
- Childcare
-
pay 85.7% more in Key West
- Entertainment and Sports
-
pay 34.0% more in Key West
- Clothing
-
pay 34.1% less in Key West
The cost of housing, childcare, groceries, entertainment and sports, restaurants, and transportation in Key West are more expensive than in Madrid. Notably, housing, childcare, and groceries are significantly more expensive in Key West.
Key West vs. Madrid Cost Breakdown
If you lived in Key West instead of Madrid, you would:
pay 1.9% more for restaurants
|
Madrid
|
Key West
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.10
€15.55
|
$24.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.68
€10.03
|
$12.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.13
€2.69
|
$2.42
|
|
| Bottle of water (11 fl. oz) |
$2.19
€1.88
|
$2.08
|
|
Madrid vs. Key West - Cost of restaurants
pay 84.8% more for groceries
|
Madrid
|
Key West
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.71
€1.47
|
$3.67
|
|
| Local cheese (8 oz) |
$7.25
€6.22
|
$5.73
|
|
| Milk (1 gallon) |
$4.61
€3.96
|
$4.09
|
|
|
Eggs
1 dozen
|
$3.36
€2.88
|
$4.72
|
|
| Boneless chicken breast (1 lb) |
$4.05
€3.48
|
$6.17
|
|
| Apples (1 lb) |
$1.18
€1.01
|
$2.22
|
|
| Bananas (1 lb) |
$1.02
€0.88
|
$0.82
|
|
| Oranges (1 lb) |
$1.19
€1.03
|
$2.00
|
|
| Tomatoes (1 lb) |
$1.26
€1.08
|
$2.95
|
|
| Potatoes (1 lb) |
$0.94
€0.81
|
$2.75
|
|
| Onions (1 lb) |
$1.01
€0.87
|
$4.00
|
|
Madrid vs. Key West - Cost of groceries
pay 0.5% more for transportation
|
Madrid
|
Key West
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.08
€6.08
|
$3.17
|
|
| Monthly public transit pass |
$45.84
€39.37
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$38,541.72
€33,100.05
|
$30,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$16.23
€13.94
|
$28.85
|
|
Madrid vs. Key West - Cost of transportation
pay 2.1 times more for housing
|
Madrid
|
Key West
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.54
€29.66
|
$71.00
|
|
| 1-Bedroom apartment in downtown area |
$1,540.98
€1,323.41
|
$3,413.33
|
|
| 1-Bedroom apartment outside city center |
$1,118.82
€960.85
|
$3,413.33
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$153.78
€132.07
|
$188.46
|
|
Madrid vs. Key West - Cost of housing
pay 85.7% more for childcare
|
Madrid
|
Key West
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$673.20
€578.15
|
$1,250.00
|
|
| Middle school for 1 child, two semesters |
$13,119.76
€11,267.39
|
?? | |
Madrid vs. Key West - Cost of childcare
pay 34.0% more for entertainment and sports
|
Madrid
|
Key West
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.50
€3.86
|
$6.00
|
|
| Cappuccino in mid-range area |
$3.20
€2.75
|
$4.67
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.01
€6.02
|
$8.00
|
|
| Monthly membership at local gym |
$51.05
€43.85
|
$80.00
|
|
| Movie ticket to theater/cinema |
$11.68
€10.03
|
$14.00
|
|
Madrid vs. Key West - Cost of entertainment and sports
pay 34.1% less for clothing
|
Madrid
|
Key West
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$98.88
€84.92
|
$47.00
|
|
|
Regular dress
from H&M or similar store
|
$41.27
€35.44
|
$41.75
|
|
|
Running shoes
Nike or Adidas
|
$107.49
€92.31
|
$71.25
|
|
| Men's business shoes (leather) |
$125.44
€107.73
|
$61.25
|
|
Madrid vs. Key West - 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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