Cost of living comparison
Madrid is 2.1 times more expensive than Makati.
If you lived in Madrid instead of Makati, you would:
pay 3.1 times more for restaurants
Makati
|
Madrid
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$4.61
₱269.47
|
$15.16
€13.97
|
|
Fast food combo meal
McDonalds, or similar
|
$4.34
₱254.22
|
$10.32
€9.50
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.93
₱54.38
|
$2.71
€2.49
|
|
Bottle of water (11 fl. oz) |
$0.50
₱29.07
|
$1.81
€1.67
|
|
pay 22.3% more for groceries
Makati
|
Madrid
|
||
---|---|---|---|
Bread
1 loaf
|
$1.30
₱75.91
|
$1.74
€1.60
|
|
Local cheese (8 oz) |
$2.82
₱165.24
|
$7.67
€7.06
|
|
Milk (1 gallon) |
$7.18
₱420.06
|
$4.36
€4.02
|
|
Eggs
1 dozen
|
$1.97
₱115.19
|
$3.02
€2.78
|
|
Boneless chicken breast (1 lb) |
$1.64
₱95.71
|
$3.87
€3.57
|
|
Apples (1 lb) |
$2.02
₱118.39
|
$1.14
€1.05
|
|
Bananas (1 lb) |
$0.81
₱47.43
|
$0.89
€0.82
|
|
Oranges (1 lb) |
$1.08
₱63.28
|
$0.97
€0.89
|
|
Tomatoes (1 lb) |
$0.88
₱51.51
|
$1.13
€1.04
|
|
Potatoes (1 lb) |
$1.37
₱80.10
|
$0.72
€0.67
|
|
Onions (1 lb) |
$1.47
₱86.10
|
$0.77
€0.71
|
|
pay 3.3 times more for transportation
Makati
|
Madrid
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.37
₱255.85
|
$6.78
€6.25
|
|
Monthly public transit pass |
$10.43
₱610.13
|
$54.15
€49.88
|
|
New Volkswagen Golf 1.4 (standard edition) |
$41,706.49
₱2,440,517.82
|
$36,133.87
€33,283.16
|
|
Taxi trip in downtown area (5 miles) |
$2.66
₱155.58
|
$14.65
€13.49
|
|
pay 91.8% more for housing
Makati
|
Madrid
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$33.02
₱1,932.08
|
$33.64
€30.98
|
|
1-Bedroom apartment in downtown area |
$583.60
₱34,150.30
|
$1,370.72
€1,262.58
|
|
1-Bedroom apartment outside city center |
$322.73
₱18,884.96
|
$989.21
€911.16
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$99.57
₱5,826.47
|
$123.32
€113.59
|
|
pay 63.8% more for childcare
Makati
|
Madrid
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$247.15
₱14,462.33
|
$543.23
€500.37
|
|
Middle school for 1 child, two semesters |
$9,268.11
₱542,337.29
|
$9,978.95
€9,191.68
|
|
pay 61.4% more for entertainment and sports
Makati
|
Madrid
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.74
₱101.69
|
$3.79
€3.49
|
|
Cappuccino in mid-range area |
$2.70
₱157.87
|
$2.63
€2.42
|
|
Pack of cigarettes
Marlboro or similar
|
$2.50
₱146.43
|
$6.12
€5.64
|
|
Monthly membership at local gym |
$53.00
₱3,101.49
|
$48.46
€44.64
|
|
Movie ticket to theater/cinema |
$6.95
₱406.75
|
$10.83
€9.98
|
|
pay 69.2% more for clothing
Makati
|
Madrid
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$28.24
₱1,652.43
|
$83.95
€77.32
|
|
Regular dress
from H&M or similar store
|
$19.55
₱1,143.99
|
$33.93
€31.26
|
|
Running shoes
Nike or Adidas
|
$76.46
₱4,474.28
|
$87.19
€80.32
|
|
Men's business shoes (leather) |
$108.61
₱6,355.52
|
$99.93
€92.05
|
|
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