Cost of living comparison
Taipei is 11.8% cheaper than Madrid.
If you lived in Taipei instead of Madrid, you would:
pay 60.3% less for restaurants
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.41
|
$6.18
NT$201.77
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.28
|
$5.01
NT$163.43
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.67
|
$1.00
NT$32.77
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.73
|
$0.68
NT$22.17
|
|
pay 41.6% more for groceries
|
Madrid
|
Taipei
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.44
|
$1.86
NT$60.65
|
|
| Local cheese (8 oz) |
$6.92
€6.64
|
$8.37
NT$273.28
|
|
| Milk (1 gallon) |
$4.41
€4.23
|
$10.77
NT$351.46
|
|
|
Eggs
1 dozen
|
$3.05
€2.93
|
$2.72
NT$88.68
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.63
|
$4.37
NT$142.47
|
|
| Apples (1 lb) |
$1.13
€1.08
|
$2.06
NT$67.29
|
|
| Bananas (1 lb) |
$0.87
€0.83
|
$1.01
NT$33.06
|
|
| Oranges (1 lb) |
$1.01
€0.96
|
$1.25
NT$40.69
|
|
| Tomatoes (1 lb) |
$1.05
€1.01
|
$1.56
NT$50.74
|
|
| Potatoes (1 lb) |
$0.83
€0.80
|
$1.30
NT$42.40
|
|
| Onions (1 lb) |
$0.82
€0.79
|
$1.11
NT$36.22
|
|
pay 25.7% less for transportation
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.51
|
$3.68
NT$120.24
|
|
| Monthly public transit pass |
$42.87
€41.10
|
$37.10
NT$1,210.62
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,285.12
|
$34,750.62
NT$1,133,947.33
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.28
|
$8.81
NT$287.52
|
|
pay 47.3% less for housing
|
Madrid
|
Taipei
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.53
|
$24.04
NT$784.40
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,408.34
|
$630.95
NT$20,588.50
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,030.40
|
$465.35
NT$15,184.93
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€124.67
|
$63.62
NT$2,076.00
|
|
pay 44.5% more for childcare
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€544.17
|
$610.09
NT$19,907.97
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,654.34
|
$18,275.33
NT$596,342.41
|
|
pay 14.6% less for entertainment and sports
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.60
|
$2.63
NT$85.75
|
|
| Cappuccino in mid-range area |
$2.59
€2.48
|
$3.05
NT$99.44
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.17
|
$3.71
NT$121.06
|
|
| Monthly membership at local gym |
$43.11
€41.34
|
$38.32
NT$1,250.30
|
|
| Movie ticket to theater/cinema |
$10.72
€10.28
|
$9.89
NT$322.83
|
|
pay 20.5% less for clothing
|
Madrid
|
Taipei
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€86.77
|
$56.02
NT$1,828.04
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€35.68
|
$31.15
NT$1,016.57
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€93.84
|
$85.26
NT$2,782.10
|
|
| Men's business shoes (leather) |
$121.40
€116.39
|
$103.43
NT$3,375.06
|
|
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