Cost of living in Izmir is 41% lower than in Madrid (without rent).
Rent in Izmir is 61% cheaper than in Madrid.
Cost of living including rent in Izmir is 53% lower than in Madrid.
Food in Izmir is 38% cheaper than in Madrid.
Transport in Izmir is 58% cheaper than in Madrid.
| Izmir | Madrid | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Izmir | Madrid | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
8.74 $ | 15.3 $ |
| Dinner, for 2 | 29.2 $ | 58.7 $ |
| Fast food, McDonalds or KFC | 7.25 $ | 11 $ |
| Beer, 0.5 L or 16 fl oz | 2.48 $ | 4.18 $ |
| Capuccino | 2.52 $ | 2.93 $ |
| Coke, 330ml | 1.14 $ | 2.83 $ |
Markets |
Milk, 1 L or 1 qt | 1.04 $ | 1.19 $ |
| Bread, 0.5 kg or 1 lb | 0.97 $ | 1.5 $ |
| Rice, 1 kg or 2 lb | 1.84 $ | 1.51 $ |
| Eggs, 12 pack | 1.68 $ | 3.24 $ |
| Cheese, 1 kg or 2 lb | 9.83 $ | 15.1 $ |
| Chicken Breast, 1 kg or 2 lb | 5.87 $ | 8.47 $ |
| Round Steak, 1 kg or 2 lb | 19.1 $ | 15.4 $ |
| Apples, 1 kg or 2 lb | 0.9 $ | 2.61 $ |
| Banana, 1 kg or 2 lb | 1.94 $ | 2.01 $ |
| Oranges, 1 kg or 2 lb | 0.94 $ | 2.2 $ |
| Potatoes, 1 kg or 2 lb | 0.59 $ | 1.85 $ |
| Onions, 1 kg or 2 lb | 0.55 $ | 1.82 $ |
| Water, 1 L or 1 qt | 0.29 $ | 0.62 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 1.32 $ | 2.22 $ |
| Wine, 750 mL bottle | 8.8 $ | 7.49 $ |
| Beer, 0.5 L or 16 fl oz | 1.99 $ | 1.3 $ |
| Cigarette pack | 1.91 $ | 6.16 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 0.44 $ | 1.65 $ |
| Monthly pass, Monthly Ticket | 17.7 $ | 45.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.21 $ | 1.85 $ |
| Taxi, 8 km | 6.05 $ | 15.1 $ |
Personal Care |
||
| Doctor visit, private clinic | 63.2 $ | 67.3 $ |
| Cold medicine, for 1 week | 3.23 $ | 9.3 $ |
| Hair shampoo, 400 ml or 12 oz | 2.59 $ | 3.59 $ |
| Toilet paper, 4 rolls | 0.39 $ | 2.4 $ |
| Toothpaste, 1 tube | 2.28 $ | 2.71 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
38.7 $ | 98 $ |
| Utility bill - family, electricity, heating, water & garbage |
59.3 $ | 152 $ |
| Internet plan, +60 Mbps |
11.8 $ | 33.1 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 344 $ | 911 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 625 $ | 1,526 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 526 $ | 1,256 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 911 $ | 2,211 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 1,878 $ | 6,496 $ |
| Price per Square Meter to Buy House, in suburbs | 1,054 $ | 4,015 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 706 $ | 2,391 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 29.09 % | 3.68 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 41.2 $ | 47.2 $ |
| Cinema, 1 seat | 5.13 $ | 11.5 $ |
| Haircut | 9.56 $ | 21.5 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 106 $ | 96.9 $ |
| Brand Jeans, Levis 501 | 45.1 $ | 89.1 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 392 $ | 585 $ |
| International Primary School, yearly for 1 child | 9,132 $ | 10,462 $ |