Cost of living comparison
Seoul is 2.6% more expensive than Madrid.
- Restaurants
-
pay 47.7% less in Seoul
- Groceries
-
pay 86.9% more in Seoul
- Transportation
-
pay 24.9% less in Seoul
- Housing
-
pay 30.4% less in Seoul
- Childcare
-
pay 37.2% more in Seoul
- Entertainment and Sports
-
pay 1.9% more in Seoul
- Clothing
-
pay 4.5% less in Seoul
The cost of groceries, childcare, and entertainment and sports in Seoul are more expensive than in Madrid. Expenses including restaurants, housing, transportation, and clothing are lower in Seoul. Notably, groceries is significantly more expensive in Seoul.
If you lived in Seoul instead of Madrid, you would:
pay 47.7% less for restaurants
|
Madrid
|
Seoul
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.78
|
$7.88
₩11,548
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.86
|
$6.09
₩8,923
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.56
|
$1.59
₩2,326
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.66
|
$0.84
₩1,232
|
|
pay 86.9% more for groceries
|
Madrid
|
Seoul
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.38
|
$3.10
₩4,537
|
|
| Local cheese (8 oz) |
$6.92
€6.37
|
$6.52
₩9,563
|
|
| Milk (1 gallon) |
$4.41
€4.05
|
$8.06
₩11,812
|
|
|
Eggs
1 dozen
|
$3.05
€2.81
|
$3.06
₩4,483
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.48
|
$4.74
₩6,943
|
|
| Apples (1 lb) |
$1.13
€1.03
|
$3.30
₩4,834
|
|
| Bananas (1 lb) |
$0.87
€0.80
|
$1.55
₩2,271
|
|
| Oranges (1 lb) |
$1.01
€0.92
|
$2.44
₩3,578
|
|
| Tomatoes (1 lb) |
$1.05
€0.96
|
$2.68
₩3,935
|
|
| Potatoes (1 lb) |
$0.83
€0.77
|
$1.73
₩2,537
|
|
| Onions (1 lb) |
$0.82
€0.75
|
$1.39
₩2,033
|
|
pay 24.9% less for transportation
|
Madrid
|
Seoul
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.24
|
$4.59
₩6,725
|
|
| Monthly public transit pass |
$42.87
€39.42
|
$44.40
₩65,087
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€32,883.71
|
$27,023.07
₩39,609,869
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.70
|
$8.02
₩11,758
|
|
pay 30.4% less for housing
|
Madrid
|
Seoul
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€29.29
|
$22.27
₩32,649
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,350.77
|
$883.18
₩1,294,546
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€988.29
|
$490.54
₩719,022
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€119.57
|
$133.35
₩195,466
|
|
pay 37.2% more for childcare
|
Madrid
|
Seoul
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€521.93
|
$385.48
₩565,030
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,259.71
|
$20,782.92
₩30,463,184
|
|
pay 1.9% more for entertainment and sports
|
Madrid
|
Seoul
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.45
|
$3.58
₩5,249
|
|
| Cappuccino in mid-range area |
$2.59
€2.38
|
$3.60
₩5,280
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.91
|
$3.22
₩4,724
|
|
| Monthly membership at local gym |
$43.11
€39.65
|
$53.73
₩78,755
|
|
| Movie ticket to theater/cinema |
$10.72
€9.86
|
$10.74
₩15,747
|
|
pay 4.5% less for clothing
|
Madrid
|
Seoul
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€83.22
|
$59.13
₩86,668
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€34.22
|
$46.64
₩68,370
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€90.01
|
$86.69
₩127,073
|
|
| Men's business shoes (leather) |
$121.40
€111.64
|
$124.89
₩183,062
|
|
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