Weighted comparison of consumer goods, rent, transport, and restaurant prices. Indices are relative to New York = 100. Madrid works out 42.1% cheaper than Vancouver on the weighted total.
Madrid total index
53.1
ES · EUR
Vancouver total index
75.4
CA · CAD
Total cost diff
+42.1%
Vancouver relative to Madrid
| Category | Madrid | Vancouver | Diff |
|---|---|---|---|
| Consumer goods + groceries | 60.9 | 78.7 | +29.2% |
| Rent (1-bed city centre) | 38.7 | 67.8 | +75.2% |
| Transport | 58.0 | 81.5 | +40.5% |
| Restaurants | 50.4 | 73.8 | +46.4% |
Negative percentages mean Vancouver is cheaper than Madrid in that category. Total weighted using consumer 50% / rent 30% / transport 12% / restaurants 8%.
On a like-for-like basket, $100,000 net in Madrid buys what $142,076 net buys in Vancouver. Going the other direction, $100,000 in Vancouver matches $70,385 in Madrid.
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