What is the Average Cost of Living in Madrid per month/year?
The Consumer Price Index for Madrid is 87.18. Housing costs are reasonable with the rent on a 3 bedroom apartment in the city at $1,663 a month and about $400 cheaper outside he city center. Basic utilities such as electricity, gas and water are $195 a month and, for commuters, a monthly pass for public transport is about $80. The cost of food and clothing are about average and a night out at a restaurant for two is a bit more than $40.
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