Cost of living comparison
Madrid is 16.7% more expensive than Nicosia.
If you lived in Madrid instead of Nicosia, you would:
pay 71.7% more for restaurants
Nicosia
|
Madrid
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.19
€12.15
|
$13.19
€12.15
|
|
Fast food combo meal
McDonalds, or similar
|
$7.15
€6.58
|
$8.80
€8.10
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.57
€1.44
|
$2.53
€2.33
|
|
Bottle of water (11 fl. oz) |
$0.75
€0.69
|
$1.74
€1.60
|
|
pay 3.6% less for groceries
Nicosia
|
Madrid
|
||
---|---|---|---|
Bread
1 loaf
|
$2.06
€1.90
|
$1.25
€1.15
|
|
Local cheese (8 oz) |
$5.33
€4.91
|
$5.92
€5.46
|
|
Milk (1 gallon) |
$6.01
€5.54
|
$3.90
€3.60
|
|
Eggs
1 dozen
|
$3.40
€3.13
|
$2.69
€2.47
|
|
Boneless chicken breast (1 lb) |
$3.75
€3.46
|
$3.74
€3.45
|
|
Apples (1 lb) |
$1.31
€1.21
|
$1.08
€0.99
|
|
Bananas (1 lb) |
$0.86
€0.79
|
$0.98
€0.90
|
|
Oranges (1 lb) |
$1.00
€0.92
|
$0.86
€0.79
|
|
Tomatoes (1 lb) |
$1.25
€1.15
|
$1.03
€0.95
|
|
Potatoes (1 lb) |
$0.58
€0.53
|
$0.67
€0.62
|
|
Onions (1 lb) |
$0.45
€0.41
|
$0.74
€0.68
|
|
pay 19.0% more for transportation
Nicosia
|
Madrid
|
||
---|---|---|---|
Gasoline (1 gallon) |
$6.08
€5.60
|
$7.44
€6.85
|
|
Monthly public transit pass |
$43.98
€40.50
|
$59.37
€54.68
|
|
New Volkswagen Golf 1.4 (standard edition) |
$19,790.09
€18,225.69
|
$27,693.49
€25,504.32
|
|
Taxi trip in downtown area (5 miles) |
$17.32
€15.95
|
$13.63
€12.56
|
|
pay 24.9% more for housing
Nicosia
|
Madrid
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$32.85
€30.25
|
$34.19
€31.48
|
|
1-Bedroom apartment in downtown area |
$679.12
€625.44
|
$1,094.67
€1,008.14
|
|
1-Bedroom apartment outside city center |
$557.97
€513.86
|
$816.29
€751.76
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$142.33
€131.08
|
$125.07
€115.18
|
|
pay 41.8% more for childcare
Nicosia
|
Madrid
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$372.90
€343.42
|
$529.47
€487.62
|
|
Middle school for 1 child, two semesters |
$6,706.64
€6,176.48
|
$9,499.24
€8,748.33
|
|
pay 21.2% less for entertainment and sports
Nicosia
|
Madrid
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$4.40
€4.05
|
$3.30
€3.04
|
|
Cappuccino in mid-range area |
$3.59
€3.30
|
$2.17
€2.00
|
|
Pack of cigarettes
Marlboro or similar
|
$5.50
€5.06
|
$5.61
€5.16
|
|
Monthly membership at local gym |
$62.53
€57.59
|
$41.71
€38.41
|
|
Movie ticket to theater/cinema |
$10.99
€10.13
|
$9.90
€9.11
|
|
pay 15.4% less for clothing
Nicosia
|
Madrid
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$85.21
€78.47
|
$67.45
€62.12
|
|
Regular dress
from H&M or similar store
|
$40.77
€37.55
|
$35.01
€32.25
|
|
Running shoes
Nike or Adidas
|
$91.42
€84.19
|
$76.87
€70.80
|
|
Men's business shoes (leather) |
$105.72
€97.36
|
$94.21
€86.76
|
|
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