Cost of living comparison
Madrid is 24.3% more expensive than Seoul.
If you lived in Madrid instead of Seoul, you would:
pay 92.6% more for restaurants
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$7.88
₩11,395
|
$16.08
€15.41
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.09
₩8,805
|
$10.72
€10.28
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
₩2,295
|
$2.79
€2.67
|
|
| Bottle of water (11 fl. oz) |
$0.84
₩1,216
|
$1.80
€1.73
|
|
pay 39.4% less for groceries
|
Seoul
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.10
₩4,477
|
$1.50
€1.44
|
|
| Local cheese (8 oz) |
$6.52
₩9,436
|
$6.92
€6.64
|
|
| Milk (1 gallon) |
$8.06
₩11,656
|
$4.41
€4.23
|
|
|
Eggs
1 dozen
|
$3.06
₩4,424
|
$3.05
€2.93
|
|
| Boneless chicken breast (1 lb) |
$4.74
₩6,851
|
$3.78
€3.63
|
|
| Apples (1 lb) |
$3.30
₩4,770
|
$1.13
€1.08
|
|
| Bananas (1 lb) |
$1.55
₩2,241
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$2.44
₩3,530
|
$1.01
€0.96
|
|
| Tomatoes (1 lb) |
$2.68
₩3,883
|
$1.05
€1.01
|
|
| Potatoes (1 lb) |
$1.73
₩2,503
|
$0.83
€0.80
|
|
| Onions (1 lb) |
$1.39
₩2,006
|
$0.82
€0.79
|
|
pay 40.6% more for transportation
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.59
₩6,636
|
$6.79
€6.51
|
|
| Monthly public transit pass |
$44.40
₩64,228
|
$42.87
€41.10
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩39,086,703
|
$35,759.38
€34,285.12
|
|
| Taxi trip in downtown area (5 miles) |
$8.02
₩11,602
|
$14.90
€14.28
|
|
pay 56.5% more for housing
|
Seoul
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.27
₩32,217
|
$31.85
€30.53
|
|
| 1-Bedroom apartment in downtown area |
$883.18
₩1,277,448
|
$1,468.90
€1,408.34
|
|
| 1-Bedroom apartment outside city center |
$490.54
₩709,526
|
$1,074.71
€1,030.40
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$133.35
₩192,884
|
$130.03
€124.67
|
|
pay 2.1% less for childcare
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.48
₩557,567
|
$567.57
€544.17
|
|
| Middle school for 1 child, two semesters |
$20,782.92
₩30,060,827
|
$10,069.47
€9,654.34
|
|
pay 11.2% more for entertainment and sports
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.58
₩5,180
|
$3.75
€3.60
|
|
| Cappuccino in mid-range area |
$3.60
₩5,210
|
$2.59
€2.48
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.22
₩4,662
|
$6.43
€6.17
|
|
| Monthly membership at local gym |
$53.73
₩77,715
|
$43.11
€41.34
|
|
| Movie ticket to theater/cinema |
$10.74
₩15,539
|
$10.72
€10.28
|
|
pay 10.8% more for clothing
|
Seoul
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.13
₩85,523
|
$90.50
€86.77
|
|
|
Regular dress
from H&M or similar store
|
$46.64
₩67,467
|
$37.21
€35.68
|
|
|
Running shoes
Nike or Adidas
|
$86.69
₩125,395
|
$97.88
€93.84
|
|
| Men's business shoes (leather) |
$124.89
₩180,644
|
$121.40
€116.39
|
|
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