Cost of living comparison
Madrid is 70.8% more expensive than Taiwan overall.
- Restaurants
-
pay 3.0 times more in Madrid
- Groceries
-
pay 12.6% less in Madrid
- Transportation
-
pay 42.1% more in Madrid
- Housing
-
pay 3.0 times more in Madrid
- Childcare
-
pay 5.1% less in Madrid
- Entertainment and Sports
-
pay 41.4% more in Madrid
- Clothing
-
pay 33.7% more in Madrid
The cost of restaurants, housing, transportation, entertainment and sports, and clothing in Madrid are more expensive than in Taiwan. Expenses including groceries and childcare are lower in Madrid. Notably, restaurants and housing are significantly more expensive in Madrid.
If you lived in Madrid instead of Taiwan, you would:
pay 3.0 times more for restaurants
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$4.21
NT$138.49
|
$16.08
€15.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$4.80
NT$158.08
|
$10.72
€10.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.95
NT$31.21
|
$2.79
€2.70
|
|
| Bottle of water (11 fl. oz) |
$0.61
NT$20.09
|
$1.80
€1.75
|
|
pay 12.6% less for groceries
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.76
NT$58.00
|
$1.50
€1.45
|
|
| Local cheese (8 oz) |
$7.11
NT$234.18
|
$6.92
€6.71
|
|
| Milk (1 gallon) |
$11.33
NT$373.02
|
$4.41
€4.27
|
|
|
Eggs
1 dozen
|
$2.53
NT$83.40
|
$3.05
€2.96
|
|
| Boneless chicken breast (1 lb) |
$3.21
NT$105.68
|
$3.78
€3.67
|
|
| Apples (1 lb) |
$1.77
NT$58.34
|
$1.13
€1.09
|
|
| Bananas (1 lb) |
$0.80
NT$26.30
|
$0.87
€0.84
|
|
| Oranges (1 lb) |
$1.10
NT$36.10
|
$1.01
€0.97
|
|
| Tomatoes (1 lb) |
$1.27
NT$41.71
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.21
NT$39.78
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$0.96
NT$31.50
|
$0.82
€0.80
|
|
pay 42.1% more for transportation
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.59
NT$118.20
|
$6.79
€6.58
|
|
| Monthly public transit pass |
$37.87
NT$1,246.97
|
$42.87
€41.58
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$33,524.98
NT$1,103,887.09
|
$35,759.38
€34,679.12
|
|
| Taxi trip in downtown area (5 miles) |
$9.35
NT$307.75
|
$14.90
€14.45
|
|
pay 3.0 times more for housing
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$18.76
NT$617.78
|
$31.85
€30.88
|
|
| 1-Bedroom apartment in downtown area |
$386.89
NT$12,739.36
|
$1,468.90
€1,424.52
|
|
| 1-Bedroom apartment outside city center |
$269.95
NT$8,888.69
|
$1,074.71
€1,042.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$54.00
NT$1,778.13
|
$130.03
€126.10
|
|
pay 5.1% less for childcare
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$472.11
NT$15,545.26
|
$567.57
€550.42
|
|
| Middle school for 1 child, two semesters |
$14,471.45
NT$476,505.72
|
$10,069.47
€9,765.28
|
|
pay 41.4% more for entertainment and sports
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.82
NT$59.95
|
$3.75
€3.64
|
|
| Cappuccino in mid-range area |
$2.59
NT$85.30
|
$2.59
€2.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$4.00
NT$131.61
|
$6.43
€6.24
|
|
| Monthly membership at local gym |
$34.52
NT$1,136.64
|
$43.11
€41.81
|
|
| Movie ticket to theater/cinema |
$9.29
NT$305.77
|
$10.72
€10.39
|
|
pay 33.7% more for clothing
|
Taiwan
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$63.92
NT$2,104.83
|
$90.50
€87.77
|
|
|
Regular dress
from H&M or similar store
|
$28.11
NT$925.64
|
$37.21
€36.09
|
|
|
Running shoes
Nike or Adidas
|
$76.13
NT$2,506.72
|
$97.88
€94.92
|
|
| Men's business shoes (leather) |
$91.74
NT$3,020.65
|
$121.40
€117.73
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Madrid or Taiwan. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.