Cost of living comparison
Madrid is 42.8% more expensive than Taipei.
- Restaurants
-
pay 2.5 times more in Madrid
- Groceries
-
pay 24.6% less in Madrid
- Transportation
-
pay 42.9% more in Madrid
- Housing
-
pay 2.0 times more in Madrid
- Childcare
-
pay 25.9% less in Madrid
- Entertainment and Sports
-
pay 24.3% more in Madrid
- Clothing
-
pay 28.3% more in Madrid
The cost of restaurants, housing, transportation, clothing, and entertainment and sports in Madrid are more expensive than in Taipei. Expenses including childcare and groceries are lower in Madrid. Notably, restaurants and housing are significantly more expensive in Madrid.
If you lived in Madrid instead of Taipei, you would:
pay 2.5 times more for restaurants
|
Taipei
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.18
NT$201.10
|
$16.08
€14.14
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.01
NT$162.89
|
$10.72
€9.42
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.00
NT$32.66
|
$2.79
€2.45
|
|
| Bottle of water (11 fl. oz) |
$0.68
NT$22.09
|
$1.80
€1.59
|
|
pay 24.6% less for groceries
|
Taipei
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.86
NT$60.45
|
$1.50
€1.32
|
|
| Local cheese (8 oz) |
$8.37
NT$272.38
|
$6.92
€6.09
|
|
| Milk (1 gallon) |
$10.77
NT$350.30
|
$4.41
€3.88
|
|
|
Eggs
1 dozen
|
$2.72
NT$88.38
|
$3.05
€2.68
|
|
| Boneless chicken breast (1 lb) |
$4.37
NT$142.00
|
$3.78
€3.33
|
|
| Apples (1 lb) |
$2.06
NT$67.07
|
$1.13
€0.99
|
|
| Bananas (1 lb) |
$1.01
NT$32.95
|
$0.87
€0.77
|
|
| Oranges (1 lb) |
$1.25
NT$40.55
|
$1.01
€0.88
|
|
| Tomatoes (1 lb) |
$1.56
NT$50.58
|
$1.05
€0.92
|
|
| Potatoes (1 lb) |
$1.30
NT$42.26
|
$0.83
€0.73
|
|
| Onions (1 lb) |
$1.11
NT$36.10
|
$0.82
€0.72
|
|
pay 42.9% more for transportation
|
Taipei
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.68
NT$119.84
|
$6.79
€5.97
|
|
| Monthly public transit pass |
$37.10
NT$1,206.61
|
$42.87
€37.70
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,750.62
NT$1,130,194.26
|
$35,759.38
€31,443.97
|
|
| Taxi trip in downtown area (5 miles) |
$8.81
NT$286.57
|
$14.90
€13.10
|
|
pay 2.0 times more for housing
|
Taipei
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$24.04
NT$781.80
|
$31.85
€28.00
|
|
| 1-Bedroom apartment in downtown area |
$630.95
NT$20,520.36
|
$1,468.90
€1,291.63
|
|
| 1-Bedroom apartment outside city center |
$465.35
NT$15,134.67
|
$1,074.71
€945.02
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$63.62
NT$2,069.13
|
$130.03
€114.34
|
|
pay 25.9% less for childcare
|
Taipei
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$610.09
NT$19,842.08
|
$567.57
€499.07
|
|
| Middle school for 1 child, two semesters |
$18,275.33
NT$594,368.67
|
$10,069.47
€8,854.30
|
|
pay 24.3% more for entertainment and sports
|
Taipei
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.63
NT$85.47
|
$3.75
€3.30
|
|
| Cappuccino in mid-range area |
$3.05
NT$99.11
|
$2.59
€2.27
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.71
NT$120.66
|
$6.43
€5.65
|
|
| Monthly membership at local gym |
$38.32
NT$1,246.16
|
$43.11
€37.91
|
|
| Movie ticket to theater/cinema |
$9.89
NT$321.76
|
$10.72
€9.42
|
|
pay 28.3% more for clothing
|
Taipei
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$56.02
NT$1,821.99
|
$90.50
€79.58
|
|
|
Regular dress
from H&M or similar store
|
$31.15
NT$1,013.21
|
$37.21
€32.72
|
|
|
Running shoes
Nike or Adidas
|
$85.26
NT$2,772.89
|
$97.88
€86.07
|
|
| Men's business shoes (leather) |
$103.43
NT$3,363.89
|
$121.40
€106.75
|
|
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