Cost of living
Islas Baleares compared to Madrid (Spain)
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Overview comparison
Islas BalearesMadrid (Spain)
Consumer prices in Madrid (Spain) are roughly 1% higher than in Islas Baleares.
Cost of living
| Item | Islas Baleares | Madrid (Spain) |
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| Total with rent one person | 1,515 | 1,746 |
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| Total with rent family | 2,650 | 3,153 |
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| Without rent one person | 534 | 718 |
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| Without rent one family | 1,578 | 2,325 |
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| Rent & Utilities person | 917.52 | 1,114.97 |
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| Rent & Utilities family | 1,275.11 | 1,521.92 |
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| Food person | 415 | 315 |
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| Food family | 1,065 | 1,113 |
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| Transport person | 77.43 | 146.72 |
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| Transport family | 205.96 | 336.67 |
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| Life expectancy | 64.99 years | 78.35 years |
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Eating Out
| Item | Islas Baleares | Madrid (Spain) |
|---|
| Lunch Menu | 12 | 10.04 |
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| Dinner in a Restaurant, for 2 | 42.86 | 40.23 |
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| Fast food meal, equiv. McDonald's | 10.41 | 9.13 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.7 | 2.36 |
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| Cappuccino | 2.17 | 2.14 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.17 | 1.45 |
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Rent & Utilities
| Item | Islas Baleares | Madrid (Spain) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 758.6 | 1,233.86 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 595.46 | 854.88 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 1,177.71 | 1,572.34 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,151.82 | 1,497.43 |
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| Utility Bill one person, electricity, heating, water, etc. | 79.37 | 61.3 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 125.18 | 80.45 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 27.19 | 25.65 |
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Transportation
| Item | Islas Baleares | Madrid (Spain) |
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| Local transport ticket | 4.31 | 3.18 |
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| Monthly ticket local transport | 2,450 | 3,419 |
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| Taxi Ride, 8 km or 5 mi | 1,485 | 2,204 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.39 | 1.43 |
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| Mortgage Interest Rate for 20 Years | 31.16% | 35.27% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 14.11 | 21.36 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.95 | 1.36 |
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Groceries
| Item | Islas Baleares | Madrid (Spain) |
|---|
| Milk, 1 L or 1 qt | 1.37 | 0.94 |
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| Bread, 0.5 kg or 1.1 lb | 1.39 | 2.06 |
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| Eggs, x12 | 2.75 | 3.6 |
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| Cheese, 1 kg or 2.2 lb | 10.86 | 13.85 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.49 | 7.3 |
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| Round Steak, 1 kg or 2.2 lb | 13.07 | 14.39 |
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| Banana, 1 kg or 2.2 lb | 1.45 | 1.89 |
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| Water, 1 L or 1 qt | 0.41 | 0.61 |
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Other
| Item | Islas Baleares | Madrid (Spain) |
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| Gym Membership, 1 month | 48.03 | 49.48 |
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| Cinema Ticket, 1 person | 9.42 | 8.01 |
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| Doctors visit | 60.57 | 83.37 |
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| Haircut, simple | 11.05 | 11.69 |
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| Brand Jeans | 49.01 | 70.08 |
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| Brand Sneakers | 107.5 | 104.26 |
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| Daycare or Preschool, 1 month | 663.58 | 386.63 |
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| International Primary School, 1 year | 10,209 | 5,425 |
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