Cost of living comparison

compared to

Madrid vs. Thessaloniki Cost of Living Summary

Madrid is 35.5% more expensive than Thessaloniki.

Restaurants
pay 16.9% more in Madrid
Groceries
pay 4.9% more in Madrid
Transportation
pay 20.3% more in Madrid
Housing
pay 99.0% more in Madrid
Childcare
pay 66.6% more in Madrid
Entertainment and Sports
pay 9.6% less in Madrid
Clothing
pay 10.2% less in Madrid

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

Madrid vs. Thessaloniki Cost Breakdown

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

pay 16.9% more for restaurants

 
Thessaloniki
Madrid
Basic meal with drink at inexpensive restaurant $16.80
€15.00
$17.92
€16.00
Fast food combo meal
McDonalds, or similar
$11.20
€10.00
$11.20
€10.00
Bottle of Coca-Cola (11 fl. oz) $2.94
€2.63
$3.30
€2.95

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pay 4.9% more for groceries

 
Thessaloniki
Madrid
Bread
1 loaf
$1.74
€1.56
$1.57
€1.40
Local cheese (8 oz) $7.09
€6.33
$8.35
€7.46
Milk (1 gallon) $6.57
€5.87
$5.25
€4.69

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pay 20.3% more for transportation

 
Thessaloniki
Madrid
Gasoline (1 gallon) $8.75
€7.81
$6.88
€6.14
Monthly public transit pass $17.92
€16.00
$36.95
€32.99
New Volkswagen Golf 1.4 (standard edition) $27,970.99
€24,975.22
$35,271.67
€31,493.97

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pay 99.0% more for housing

 
Thessaloniki
Madrid
Internet connection
50 mbps or faster, cable/dsl
$30.47
€27.21
$34.86
€31.13
1-Bedroom apartment in downtown area $627.05
€559.89
$1,491.38
€1,331.65
1-Bedroom apartment outside city center $492.02
€439.33
$1,193.86
€1,066.00

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pay 66.6% more for childcare

 
Thessaloniki
Madrid
Private preschool for 1 child, monthly $476.59
€425.54
$668.48
€596.89
Middle school for 1 child, two semesters $9,030.67
€8,063.46
$17,859.91
€15,947.06

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pay 9.6% less for entertainment and sports

 
Thessaloniki
Madrid
Domestic/local beer (1 pint) $5.60
€5.00
$3.92
€3.50
Cappuccino in mid-range area $4.21
€3.76
$3.07
€2.74
Pack of cigarettes
Marlboro or similar
$5.60
€5.00
$6.72
€6.00

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pay 10.2% less for clothing

 
Thessaloniki
Madrid
Regular jeans
Levi's brand
$96.78
€86.41
$86.50
€77.24
Regular dress
from H&M or similar store
$45.46
€40.59
$42.98
€38.38
Running shoes
Nike or Adidas
$121.17
€108.19
$108.99
€97.31

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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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