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
₩10,997
|
$16.08
€15.25
|
|
|
Fast food combo meal
McDonalds, or similar
|
$6.09
₩8,498
|
$10.72
€10.16
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.59
₩2,215
|
$2.79
€2.64
|
|
| Bottle of water (11 fl. oz) |
$0.84
₩1,174
|
$1.80
€1.71
|
|
pay 39.4% less for groceries
|
Seoul
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.10
₩4,321
|
$1.50
€1.42
|
|
| Local cheese (8 oz) |
$6.52
₩9,107
|
$6.92
€6.56
|
|
| Milk (1 gallon) |
$8.06
₩11,249
|
$4.41
€4.18
|
|
|
Eggs
1 dozen
|
$3.06
₩4,269
|
$3.05
€2.89
|
|
| Boneless chicken breast (1 lb) |
$4.74
₩6,612
|
$3.78
€3.59
|
|
| Apples (1 lb) |
$3.30
₩4,603
|
$1.13
€1.07
|
|
| Bananas (1 lb) |
$1.55
₩2,163
|
$0.87
€0.83
|
|
| Oranges (1 lb) |
$2.44
₩3,407
|
$1.01
€0.95
|
|
| Tomatoes (1 lb) |
$2.68
₩3,748
|
$1.05
€0.99
|
|
| Potatoes (1 lb) |
$1.73
₩2,416
|
$0.83
€0.79
|
|
| Onions (1 lb) |
$1.39
₩1,936
|
$0.82
€0.78
|
|
pay 40.6% more for transportation
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.59
₩6,405
|
$6.79
€6.43
|
|
| Monthly public transit pass |
$44.40
₩61,986
|
$42.87
€40.66
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩37,722,173
|
$35,759.38
€33,912.83
|
|
| Taxi trip in downtown area (5 miles) |
$8.02
₩11,197
|
$14.90
€14.13
|
|
pay 56.5% more for housing
|
Seoul
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$22.27
₩31,093
|
$31.85
€30.20
|
|
| 1-Bedroom apartment in downtown area |
$883.18
₩1,232,852
|
$1,468.90
€1,393.05
|
|
| 1-Bedroom apartment outside city center |
$490.54
₩684,756
|
$1,074.71
€1,019.21
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$133.35
₩186,151
|
$130.03
€123.32
|
|
pay 2.1% less for childcare
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$385.48
₩538,102
|
$567.57
€538.26
|
|
| Middle school for 1 child, two semesters |
$20,782.92
₩29,011,393
|
$10,069.47
€9,549.50
|
|
pay 11.2% more for entertainment and sports
|
Seoul
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.58
₩4,999
|
$3.75
€3.56
|
|
| Cappuccino in mid-range area |
$3.60
₩5,028
|
$2.59
€2.45
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.22
₩4,499
|
$6.43
€6.10
|
|
| Monthly membership at local gym |
$53.73
₩75,002
|
$43.11
€40.89
|
|
| Movie ticket to theater/cinema |
$10.74
₩14,996
|
$10.72
€10.16
|
|
pay 10.8% more for clothing
|
Seoul
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$59.13
₩82,538
|
$90.50
€85.83
|
|
|
Regular dress
from H&M or similar store
|
$46.64
₩65,112
|
$37.21
€35.29
|
|
|
Running shoes
Nike or Adidas
|
$86.69
₩121,017
|
$97.88
€92.82
|
|
| Men's business shoes (leather) |
$124.89
₩174,338
|
$121.40
€115.13
|
|
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