Cost of living in Madrid, Spain vs Waterbury, Connecticut, United States
Currency:
Food | - 30% | |||
---|---|---|---|---|
Food in Madrid (Spain) is 30% cheaper than in Waterbury, Connecticut (United States) | ||||
Basic lunchtime menu (including a drink) in the business district | €14 ($17) | $20 | - 17% | |
Combo meal in fast food restaurant (big mac meal or similar) | €8 ($9) | $6 | + 56% | |
500 gr (1 lb.) of boneless chicken breast | €3.36 ($4.01) | $4.06 | - 1% | |
1 liter (1 qt.) of whole fat milk | €0.79 ($0.94) | $1.01 | - 7% | |
12 eggs, large | €2.26 ($2.69) | $5.16 | - 48% | |
1 kg (2 lb.) of tomatoes | €1.50 ($1.78) | $5.51 | - 68% | |
500 gr (16 oz.) of local cheese | €5.90 ($7) | $5.86 | + 20% | |
1 kg (2 lb.) of apples | €1.67 ($1.99) | $3.40 | - 41% | |
1 kg (2 lb.) of potatoes | €1.20 ($1.43) | $1.93 | - 26% | |
0.5 l (16 oz) domestic beer in the supermarket | €0.86 ($1.03) | $3.40 | - 70% | |
1 bottle of red table wine, good quality | €7 ($9) | $13 | - 34% | |
2 liters of coca-cola | €1.56 ($1.86) | $1.75 | + 6% | |
Bread for 2 people for 1 day | €0.73 ($0.87) | $2.23 | - 61% | |
Housing | + 1% | |||
Housing in Madrid (Spain) is about the same as in Waterbury, Connecticut (United States) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,420 ($1,690) | $1,220 | + 39% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €990 ($1,179) | $2,996 | - 61% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €128 ($152) | $90 | + 68% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €992 ($1,182) | $1,009 | + 17% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €698 ($831) | $782 | + 6% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €87 ($104) | $45 | + 128% | |
Internet 8 mbps (1 month) | €31 ($37) | $37 | + 2% | |
40” flat screen tv | €346 ($412) | $252 | + 64% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €95 ($113) | $179 | - 37% | |
Laundry detergent (3 l. ~ 100 oz.) | €8 ($9) | $6 | + 50% | |
Hourly rate for cleaning help | €10 ($12) | $14 | - 15% | |
Clothes | - 30% | |||
Clothes in Madrid (Spain) is 30% cheaper than in Waterbury, Connecticut (United States) | ||||
1 pair of jeans (levis 501 or similar) | €70 ($83) | $41 | + 102% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | €31 ($36) | $82 | - 55% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | €73 ($87) | $99 | - 13% | |
1 pair of men’s leather business shoes | €85 ($101) | $81 | + 26% | |
Transportation | + 15% | |||
Transportation in Madrid (Spain) is 15% more expensive than in Waterbury, Connecticut (United States) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,570 ($29,257) | $20,761 | + 41% | |
1 liter (1/4 gallon) of gas | €1.32 ($1.57) | $0.79 | + 98% | |
Monthly ticket public transport | €55 ($66) | $64 | + 3% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €15 ($18) | $26 | - 29% | |
Personal Care | - 57% | |||
Personal Care in Madrid (Spain) is 57% cheaper than in Waterbury, Connecticut (United States) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €6 ($7) | $5.99 | + 22% | |
1 box of antibiotics (12 doses) | €7 ($9) | $40 | - 78% | |
Short visit to private doctor (15 minutes) | €53 ($64) | $115 | - 45% | |
1 box of 32 tampons (tampax, ob, ...) | €4.00 ($4.76) | $7 | - 32% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.54 ($3.02) | $5.46 | - 45% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.25 ($3.87) | $8 | - 48% | |
4 rolls of toilet paper | €1.29 ($1.53) | $5.99 | - 74% | |
Tube of toothpaste | €1.79 ($2.13) | $2.06 | + 3% | |
Standard men's haircut in expat area of the city | €15 ($18) | $65 | - 73% | |
Entertainment | - 9% | |||
Entertainment in Madrid (Spain) is 9% cheaper than in Waterbury, Connecticut (United States) | ||||
Basic dinner out for two in neighborhood pub | €30 ($35) | $65 | - 46% | |
2 tickets to the movies | €17 ($20) | $21 | - 3% | |
2 tickets to the theater (best available seats) | €43 ($51) | $351 | - 86% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €45 ($54) | $75 | - 28% | |
1 cocktail drink in downtown club | €11 ($14) | $7 | + 93% | |
Cappuccino in expat area of the city | €3.18 ($3.79) | $3.50 | + 8% | |
1 beer in neighbourhood pub (500ml or 1pt.) | €4.31 ($5.14) | $4.24 | + 21% | |
Ipad wi-fi 128gb | €527 ($627) | $250 | + 151% | |
1 min. of prepaid mobile tariff (no discounts or plans) | €0.34 ($0.41) | - | - | |
1 month of gym membership in business district | €50 ($59) | $21 | + 188% | |
1 package of marlboro cigarettes | €5.02 ($5.98) | $9 | - 34% | |
TOTAL | - 11% |

These prices were last updated on April 10, 2021.
Exchange rate:
1.191
USD
/
EUR
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Cost of living in Madrid (Spain) is 11% cheaper than in Waterbury, Connecticut (United States)
For example, to keep the same standard of living that would require $3,400 in Waterbury, Connecticut you would need to make just about $3,011 (€2,529) in Madrid.
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