Cost of Living Comparison Between Madrid and Okotoks Cost of Living Comparison Between Madrid and Okotoks

🙂 Solo nomad: Madrid is 8.8% cheaper than Okotoks without rent, and 4.6% cheaper with rent.

😐 Family of 3: Madrid is 6% more expensive than Okotoks without rent, and 9.6% more expensive with rent.

Meal at Budget Restaurant

$17.54 €15.11

$10.84 CA$15.17

61.81%

Three-Course Dinner for Two, Mid-Range

$70.5 €60.7

$65 CA$91

8.45%

Fast Food Meal (McDonalds, etc)

$11.63 €10.01

$11.26 CA$15.76

3.29%

Cappuccino

$3.05 €2.63

$3.72 CA$5.2

-18.01%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.14 €2.7

$1.65 CA$2.31

90.30%

Water (0.33 liter bottle)

$2.14 €1.85

$1.66 CA$2.33

28.92%

Local Beer (0.5 liter draught)

$4 €3.45

$5.12 CA$7.16

-21.88%

Imported Beer (0.33 liter bottle)

$4.5 €3.87

$5.04 CA$7.06

-10.71%

Milk (1 liter)

$1.24 €1.07

$1.99 CA$2.79

-37.69%

White Bread (500g)

$1.67 €1.44

$2.75 CA$3.85

-39.27%

Rice (white) (1kg)

$1.72 €1.48

$3.17 CA$4.44

-45.74%

Eggs

$3.54 €3.05

$3.44 CA$4.82

2.91%

Local Cheese (1kg)

$14.96 €12.88

$12.3 CA$17.22

21.63%

Chicken Fillets (1kg)

$8.75 €7.53

$12.75 CA$17.85

-31.37%

Beef Round Steak (1kg)

$17.05 €14.68

$15.93 CA$22.3

7.03%

Apples (1kg)

$2.76 €2.38

$3.15 CA$4.42

-12.38%

Banana (1kg)

$2.22 €1.91

$1.33 CA$1.86

66.92%

Oranges (1kg)

$2.51 €2.16

$3.99 CA$5.59

-37.09%

Tomato (1kg)

$2.66 €2.29

$3.59 CA$5.02

-25.91%

Potato (1kg)

$2.08 €1.79

$2.33 CA$3.27

-10.73%

Onion (1kg)

$2.09 €1.8

$2.22 CA$3.1

-5.86%

Lettuce (1 head)

$1.35 €1.17

$2.61 CA$3.66

-48.28%

Water (1.5 liter bottle)

$0.99 €0.86

$1.92 CA$2.68

-48.44%

Cigarettes 20 Pack (Marlboro, Camel)

$6.74 €5.8

$12.83 CA$17.96

-47.47%

Wine (Bottle)

$7.92 €6.82

$12.97 CA$18.15

-38.94%

Local Beer (0.5 liter bottle)

$1.39 €1.2

$3.08 CA$4.31

-54.87%

Imported Beer (0.33 liter bottle)

$2.26 €1.95

$3.29 CA$4.61

-31.31%

One-way Ticket (Public Transport)

$1.79 €1.54

$2.52 CA$3.53

-28.97%

Public Transport Monthly Pass (Regular Price)

$48.55 €41.82

$56 CA$78.4

-13.30%

Taxi Start (Normal Tariff)

$4.11 €3.54

$3.12 CA$4.37

31.73%

Taxi (Normal Tariff) (1km)

$1.32 €1.14

$1.73 CA$2.42

-23.70%

Taxi 1hour Waiting (Normal Tariff)

$29.13 €25.09

$23.15 CA$32.41

25.83%

Gasoline (1 liter)

$1.93 €1.66

$1.06 CA$1.48

82.08%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$37.9K €32.6K

$25.4K CA$35.6K

49.01%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.8K €29.1K

$22K CA$30.8K

54.08%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$195 €168

$200 CA$281

-2.86%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$21.09 €18.16

$44.09 CA$61.7

-52.17%

Internet (50+ Mbps, Unlimited Data)

$34.82 €29.99

$64.2 CA$89.9

-45.74%

Gym Membership (Monthly)

$53 €45.62

$28.21 CA$39.5

87.73%

Tennis Court (1 Hour on Weekend)

$17.59 €15.15

Cinema Ticket

$11.71 €10.09

$12.76 CA$17.87

-8.23%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$661 €569

$693 CA$971

-4.66%

International Primary School, 1 Child (Yearly)

$12.3K €10.6K

$11.9K CA$16.6K

3.43%

Jeans (Levis 501 Or Similar)

$94.7 €81.6

$42.69 CA$59.8

121.90%

Summer Dress (H&M, Zara, etc)

$42.91 €36.96

$41.92 CA$58.7

2.36%

Sport Shoes (Adidas, Nike)

$106 €91.5

$63.6 CA$89.1

67.00%

Men's Leather Business Shoes

$137 €118

$72.6 CA$102

88.40%

1-bedroom Apartment, City Center (Monthly)

$1,619 €1,395

$1,246 CA$1,745

29.97%

1-bedroom Apartment, Outside City Center (Monthly)

$1,125 €969

$1,163 CA$1,629

-3.33%

3-bedroom Apartment, City Center (Monthly)

$2,778 €2,393

$1,734 CA$2,428

60.21%

3-bedroom Apartment, Outside City Center (Monthly)

$1,905 €1,641

$1,680 CA$2,352

13.39%

Buy Apartment in City Center (m2)

$8,210 €7,071

$3,079 CA$4,311

166.62%

Buy Apartment Outside City Center (m2)

$4,952 €4,266

$3,129 CA$4,380

58.29%

Average Monthly Net Salary (After Tax)

$2,636 €2,271

$2,545 CA$3,563

3.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

6.08

-43.59%

Citycost data is based on AI and user input – minor inaccuracies may occur.

Last update for Madrid: November 23, 2025

Last update for Okotoks: November 23, 2025

Digital Nomad Cost of Living Index

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