Cost of living comparison
Taipei is 11.8% cheaper than Madrid.
- Restaurants
-
pay 60.3% less in Taipei
- Groceries
-
pay 41.6% more in Taipei
- Transportation
-
pay 25.7% less in Taipei
- Housing
-
pay 47.3% less in Taipei
- Childcare
-
pay 44.5% more in Taipei
- Entertainment and Sports
-
pay 14.6% less in Taipei
- Clothing
-
pay 20.5% less in Taipei
The cost of childcare and groceries in Taipei are more expensive than in Madrid. Expenses including restaurants, housing, transportation, clothing, and entertainment and sports are lower in Taipei.
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
€13.75
|
$6.18
NT$180.81
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.17
|
$5.01
NT$146.46
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.39
|
$1.00
NT$29.37
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.54
|
$0.68
NT$19.87
|
|
pay 41.6% more for groceries
|
Madrid
|
Taipei
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.28
|
$1.86
NT$54.35
|
|
| Local cheese (8 oz) |
$6.92
€5.92
|
$8.37
NT$244.90
|
|
| Milk (1 gallon) |
$4.41
€3.77
|
$10.77
NT$314.96
|
|
|
Eggs
1 dozen
|
$3.05
€2.61
|
$2.72
NT$79.47
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.24
|
$4.37
NT$127.68
|
|
| Apples (1 lb) |
$1.13
€0.96
|
$2.06
NT$60.30
|
|
| Bananas (1 lb) |
$0.87
€0.74
|
$1.01
NT$29.62
|
|
| Oranges (1 lb) |
$1.01
€0.86
|
$1.25
NT$36.46
|
|
| Tomatoes (1 lb) |
$1.05
€0.90
|
$1.56
NT$45.47
|
|
| Potatoes (1 lb) |
$0.83
€0.71
|
$1.30
NT$37.99
|
|
| Onions (1 lb) |
$0.82
€0.70
|
$1.11
NT$32.46
|
|
pay 25.7% less for transportation
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€5.80
|
$3.68
NT$107.75
|
|
| Monthly public transit pass |
$42.87
€36.68
|
$37.10
NT$1,084.88
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€30,592.15
|
$34,750.62
NT$1,016,173.98
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€12.74
|
$8.81
NT$257.66
|
|
pay 47.3% less for housing
|
Madrid
|
Taipei
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€27.24
|
$24.04
NT$702.93
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,256.64
|
$630.95
NT$18,450.15
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€919.41
|
$465.35
NT$13,607.80
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€111.24
|
$63.62
NT$1,860.38
|
|
pay 44.5% more for childcare
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€485.55
|
$610.09
NT$17,840.30
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€8,614.43
|
$18,275.33
NT$534,405.46
|
|
pay 14.6% less for entertainment and sports
|
Madrid
|
Taipei
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.21
|
$2.63
NT$76.85
|
|
| Cappuccino in mid-range area |
$2.59
€2.21
|
$3.05
NT$89.12
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.50
|
$3.71
NT$108.49
|
|
| Monthly membership at local gym |
$43.11
€36.88
|
$38.32
NT$1,120.44
|
|
| Movie ticket to theater/cinema |
$10.72
€9.17
|
$9.89
NT$289.30
|
|
pay 20.5% less for clothing
|
Madrid
|
Taipei
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€77.42
|
$56.02
NT$1,638.17
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€31.84
|
$31.15
NT$910.99
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€83.73
|
$85.26
NT$2,493.15
|
|
| Men's business shoes (leather) |
$121.40
€103.86
|
$103.43
NT$3,024.52
|
|
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