Cost of living comparison
Taiwan is 23.3% cheaper than Madrid.
- Restaurants
-
pay 65.3% less in Taiwan
- Groceries
-
pay 26.0% more in Taiwan
- Transportation
-
pay 25.6% less in Taiwan
- Housing
-
pay 62.1% less in Taiwan
- Childcare
-
pay 13.5% more in Taiwan
- Entertainment and Sports
-
pay 24.5% less in Taiwan
- Clothing
-
pay 25.1% less in Taiwan
The cost of groceries and childcare in Taiwan are more expensive than in Madrid. Expenses including restaurants, housing, transportation, clothing, and entertainment and sports are lower in Taiwan.
If you lived in Taiwan instead of Madrid, you would:
pay 65.3% less for restaurants
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.59
|
$4.21
NT$138.49
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.39
|
$4.80
NT$158.08
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.70
|
$0.95
NT$31.21
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.75
|
$0.61
NT$20.09
|
|
pay 26.0% more for groceries
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.45
|
$1.76
NT$58.00
|
|
| Local cheese (8 oz) |
$6.92
€6.71
|
$7.11
NT$234.18
|
|
| Milk (1 gallon) |
$4.41
€4.27
|
$11.33
NT$373.02
|
|
|
Eggs
1 dozen
|
$3.05
€2.96
|
$2.53
NT$83.40
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.67
|
$3.21
NT$105.68
|
|
| Apples (1 lb) |
$1.13
€1.09
|
$1.77
NT$58.34
|
|
| Bananas (1 lb) |
$0.87
€0.84
|
$0.80
NT$26.30
|
|
| Oranges (1 lb) |
$1.01
€0.97
|
$1.10
NT$36.10
|
|
| Tomatoes (1 lb) |
$1.05
€1.02
|
$1.27
NT$41.71
|
|
| Potatoes (1 lb) |
$0.83
€0.81
|
$1.21
NT$39.78
|
|
| Onions (1 lb) |
$0.82
€0.80
|
$0.96
NT$31.50
|
|
pay 25.6% less for transportation
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.58
|
$3.59
NT$118.20
|
|
| Monthly public transit pass |
$42.87
€41.58
|
$37.87
NT$1,246.97
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,679.12
|
$33,524.98
NT$1,103,887.09
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.45
|
$9.35
NT$307.75
|
|
pay 62.1% less for housing
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.88
|
$18.76
NT$617.78
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,424.52
|
$386.89
NT$12,739.36
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,042.24
|
$269.95
NT$8,888.69
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€126.10
|
$54.00
NT$1,778.13
|
|
pay 13.5% more for childcare
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€550.42
|
$472.11
NT$15,545.26
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,765.28
|
$14,471.45
NT$476,505.72
|
|
pay 24.5% less for entertainment and sports
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.64
|
$1.82
NT$59.95
|
|
| Cappuccino in mid-range area |
$2.59
€2.51
|
$2.59
NT$85.30
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.24
|
$4.00
NT$131.61
|
|
| Monthly membership at local gym |
$43.11
€41.81
|
$34.52
NT$1,136.64
|
|
| Movie ticket to theater/cinema |
$10.72
€10.39
|
$9.29
NT$305.77
|
|
pay 25.1% less for clothing
|
Madrid
|
Taiwan
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€87.77
|
$63.92
NT$2,104.83
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€36.09
|
$28.11
NT$925.64
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€94.92
|
$76.13
NT$2,506.72
|
|
| Men's business shoes (leather) |
$121.40
€117.73
|
$91.74
NT$3,020.65
|
|
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