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

😐 Solo nomad: Okotoks is 2% more expensive than Madrid without rent, and 0.2% more expensive with rent.
😐 Family of 3: Okotoks is 4.3% more expensive than Madrid without rent, and 4.1% cheaper with rent.
Currency
🍽 Eating Out
Okotoks
Madrid
Difference
Meal at Budget Restaurant
$11.12 CA$15.57
$17.7 €15.25
-37.18%
Three-Course Dinner for Two, Mid-Range
$66 CA$92.4
$70.3 €60.5
-6.15%
Fast Food Meal (McDonalds, etc)
$11.41 CA$15.97
$11.87 €10.22
-3.88%
Cappuccino
$3.82 CA$5.34
$3.07 €2.65
24.43%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.62 CA$2.27
$3.06 €2.64
-47.06%
Water (0.33 liter bottle)
$1.66 CA$2.33
$2.19 €1.88
-24.20%
Local Beer (0.5 liter draught)
$5.24 CA$7.34
$4.15 €3.58
26.27%
Imported Beer (0.33 liter bottle)
$5.06 CA$7.09
$4.58 €3.95
10.48%
🛒 Groceries & Markets
Okotoks
Madrid
Difference
Milk (1 liter)
$2.06 CA$2.89
$1.18 €1.02
74.58%
White Bread (500g)
$2.81 CA$3.93
$1.71 €1.47
64.33%
Rice (white) (1kg)
$3.08 CA$4.32
$1.7 €1.47
81.18%
Eggs
$3.54 CA$4.96
$3.4 €2.93
4.12%
Local Cheese (1kg)
$12.23 CA$17.12
$14.84 €12.78
-17.59%
Chicken Fillets (1kg)
$12.28 CA$17.2
$9.04 €7.78
35.84%
Beef Round Steak (1kg)
$16.28 CA$22.79
$17.1 €14.73
-4.80%
Apples (1kg)
$3.3 CA$4.62
$2.66 €2.29
24.06%
Banana (1kg)
$1.31 CA$1.84
$2.22 €1.91
-40.99%
Oranges (1kg)
$3.82 CA$5.35
$2.58 €2.22
48.06%
Tomato (1kg)
$3.77 CA$5.27
$2.65 €2.28
42.26%
Potato (1kg)
$2.44 CA$3.41
$2.05 €1.77
19.02%
Onion (1kg)
$2.19 CA$3.07
$2.14 €1.84
2.34%
Lettuce (1 head)
$2.63 CA$3.69
$1.33 €1.14
97.74%
Water (1.5 liter bottle)
$1.91 CA$2.68
$0.97 €0.83
96.91%
Cigarettes 20 Pack (Marlboro, Camel)
$13 CA$18.2
$6.77 €5.83
92.02%
Wine (Bottle)
$13.04 CA$18.26
$8.14 €7.01
60.20%
Local Beer (0.5 liter bottle)
$3.06 CA$4.28
$1.46 €1.25
109.59%
Imported Beer (0.33 liter bottle)
$3.13 CA$4.38
$2.27 €1.95
37.89%
🚌 Getting Around
Okotoks
Madrid
Difference
One-way Ticket (Public Transport)
$2.57 CA$3.6
$1.79 €1.54
43.58%
Public Transport Monthly Pass (Regular Price)
$54.3 CA$76
$49.1 €42.29
10.55%
Taxi Start (Normal Tariff)
$3.24 CA$4.53
$4.07 €3.51
-20.39%
Taxi (Normal Tariff) (1km)
$1.66 CA$2.33
$1.36 €1.18
22.06%
Taxi 1hour Waiting (Normal Tariff)
$23.28 CA$32.59
$29.16 €25.12
-20.16%
Gasoline (1 liter)
$1.01 CA$1.42
$1.84 €1.58
-45.11%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.8K CA$36.1K
$37.6K €32.4K
-31.41%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22K CA$30.8K
$33.5K €28.9K
-34.32%
🧾 Monthly Utilities & Internet
Okotoks
Madrid
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$200 CA$281
$191 €165
4.75%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$45.71 CA$64
$21.63 €18.63
111.33%
Internet (50+ Mbps, Unlimited Data)
$64 CA$89.5
$35.54 €30.61
79.94%
🎉 Sport & Entertainment
Okotoks
Madrid
Difference
Gym Membership (Monthly)
$27.38 CA$38.34
$53.6 €46.16
-48.91%
Tennis Court (1 Hour on Weekend)
-
$17.78 €15.31
-
Cinema Ticket
$12.46 CA$17.44
$11.49 €9.89
8.44%
🧸 Childcare & Education
Okotoks
Madrid
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$705 CA$987
$672 €579
4.91%
International Primary School, 1 Child (Yearly)
$11.7K CA$16.3K
$12.2K €10.5K
-4.52%
👕👟 Clothing & Footwear
Okotoks
Madrid
Difference
Jeans (Levis 501 Or Similar)
$41.84 CA$58.6
$96.9 €83.5
-56.83%
Summer Dress (H&M, Zara, etc)
$41.83 CA$58.6
$42.74 €36.81
-2.13%
Sport Shoes (Adidas, Nike)
$63.4 CA$88.8
$107 €91.9
-40.58%
Men's Leather Business Shoes
$74.3 CA$104
$133 €114
-44.09%
🏠 Accommodation & Living
Okotoks
Madrid
Difference
1-bedroom Apartment, City Center (Monthly)
$1,243 CA$1,741
$1,614 €1,390
-22.99%
1-bedroom Apartment, Outside City Center (Monthly)
$1,167 CA$1,634
$1,137 €979
2.63%
3-bedroom Apartment, City Center (Monthly)
$1,782 CA$2,495
$2,835 €2,441
-37.13%
3-bedroom Apartment, Outside City Center (Monthly)
$1,675 CA$2,345
$1,900 €1,637
-11.87%
Buy Apartment in City Center (m2)
$3,103 CA$4,344
$8,577 €7,387
-63.83%
Buy Apartment Outside City Center (m2)
$3,111 CA$4,356
$4,953 €4,266
-37.18%
💵 Salaries & Financials
Okotoks
Madrid
Difference
Average Monthly Net Salary (After Tax)
$3,001 CA$4,202
$2,659 €2,290
12.87%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.08
3.43
77.26%

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

Last update for Okotoks: November 30, 2025

Last update for Madrid: November 30, 2025

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