Jeju Island vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Jeju Island Madrid
🚶 Cost of living one person
$1056
$1726
👨‍👩‍👧‍👦 Cost of living Family
$3389
$3985
🏠 One person rent
$418
$986
🏘️ Family rent
$1358
$1693
🍽️ Food expenses
$476
$440
🚐 Transport expenses
$75
$168
💳 Monthly salary after tax
$2775
$2362
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
17 km
10 km
🎓 Higher education
19
98
😀 Quality of life
68
90
🏙️ Population
678K
3.28M

The cost of living in Jeju Island is 39% less expensive than in Madrid. Cities ranked 4943rd and 2577th ($1056 vs $1726) in the list of the most expensive cities in the world and ranked 30th and 7th in South Korea and Spain, respectively. Check South Korea vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 2.6 months in Jeju Island compared to 1.4 months in Madrid. Jeju Island ranked 50th best city to live in South Korea vs Madrid ranked 1st in Spain, while ranked 3677th and 121st among best cities to live in the world.

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Cost of living in Jeju Island vs Madrid infographic

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Prices in Jeju Island vs Madrid

Prices for goods and services in Jeju Island and Madrid are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Jeju Island Madrid
Eating Out
🍱 Lunch Menu
$8.4
$14.1
🥂 Dinner in a Restaurant, for 2
$44.9
$58.9
🥪 Fast food meal, equiv. McDonald's
$7.07
$10
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.97
$4.01
☕ Cappuccino
$3.8
$2.55
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.91
$2.69
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$426
$1118
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$275
$805
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$780
$2068
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1299
$1386
🔌 Utility Bill one person, electricity, heating, water, etc.
$92.8
$85.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$143
$138
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.6
$32.9
🏦 Mortgage Interest Rate for 20 Years
4.42%
2.58%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7047
$4611
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6147
$2665
Transportation
🚌 Local transport ticket
$1.01
$1.64
🎟️ Monthly ticket local transport
$44.8
$43.5
🚕 Taxi Ride, 8 km or 5 mi
$7.43
$14
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.21
$1.81
Groceries
🥛 Milk, 1 L or 1 qt
$2.17
$1.15
🍞 Bread, 0.5 kg or 1.1 lb
$2.91
$1.5
🍚 Rice, 1 kg or 2.2 lb
$4.67
$1.44
🥚 Eggs, x12
$2.76
$3.16
🧀 Cheese, 1 kg or 2.2 lb
$13
$14.8
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.71
$8.08
🥩 Round Steak, 1 kg or 2.2 lb
$38.4
$14.9
🍏 Apples, 1 kg or 2.2 lb
$5.53
$2.39
🍌 Banana, 1 kg or 2.2 lb
$4.18
$1.93
🍊 Oranges, 1 kg or 2.2 lb
$3.1
$1.79
🍅 Tomato, 1 kg or 2.2 lb
$3.53
$2.45
🥔 Potato, 1 kg or 2.2 lb
$2.59
$1.48
🧅 Onion, 1 kg or 2.2 lb
$2.45
$1.58
🌊 Water, 1 L or 1 qt
$0.49
$0.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.77
$2.24
🍾 Wine (mid-priced), 750 mL bottle
$17.1
$6.7
🍺 Beer, 0.5 L or 16 fl oz
$2.46
$1.33
🚬 Cigarette pack
$3.26
$5.86
💊 Cold medicince, 1 week
$5.48
$11.5
🧴 Hair Shampoo
$4.97
$3.45
🧻 Toilet paper, 4 rolls
$2.51
$2.12
👄 Toothpaste, 1 tube
$1.77
$2.44
Other
🏋️ Gym Membership, 1 month
$32.6
$45.2
🎫 Cinema Ticket, 1 person
$10.2
$10.5
👩‍⚕️ Doctor's visit
$32.2
$72.3
💇 Haircut, simple
$7.59
$19.1
👖 Brand Jeans
$54.6
$73.2
👟 Brand Sneakers
$69.5
$84.6
👶 Daycare or Preschool, 1 month
$388
$529
🏫 International Primary School, 1 year
$22989
$9474

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Jeju Island

Distance City Cost of living
13 km or 8.2 mi Seogwipo
$1058
16 km or 10 mi Jeju
$1003
159 km or 99 mi Mokpo
$1041
186 km or 115 mi Naju
$1028
187 km or 116 mi Yeosu
$984
197 km or 122 mi Suncheon
$991
203 km or 126 mi Gwangju
$1147
206 km or 128 mi Gwangyang
$965
228 km or 142 mi Goto
$903
240 km or 149 mi Tongyeong
$910
241 km or 149 mi Namwon
$960
246 km or 153 mi Jeongeup
$955
248 km or 154 mi Jinju
$878
251 km or 156 mi Geoje
$882
267 km or 166 mi Sacheon
$953
271 km or 169 mi Tsushima
$896
273 km or 170 mi Gimje
$902
275 km or 171 mi Masan
$1006
279 km or 173 mi Jeonju
$787
281 km or 175 mi Hirado
$907
284 km or 177 mi Tsushima Island
$895
288 km or 179 mi Changwon
$1073
289 km or 180 mi Iksan
$923
291 km or 181 mi Gunsan
$975
294 km or 183 mi Saikai
$929
295 km or 184 mi Matsuura
$906
296 km or 184 mi Iki
$903
297 km or 185 mi Sasebo
$945
300 km or 186 mi Gimhae
$907
301 km or 187 mi Busan
$1029
312 km or 194 mi Imari
$907
312 km or 194 mi Miryang
$973
315 km or 196 mi Togitsu
$941
318 km or 197 mi Nagayo
$941
318 km or 197 mi Nagasaki
$1011
318 km or 198 mi Yangsan
$963
319 km or 199 mi Karatsu
$905
320 km or 199 mi Nonsan
$945
324 km or 201 mi Omura
$932
325 km or 202 mi Takeo
$905

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1721
11 km or 6.7 mi Coslada
$1368
14 km or 8.5 mi Alcobendas
$1377
18 km or 11 mi Mostoles
$1572
18 km or 11 mi Fuenlabrada
$1492
18 km or 11 mi Torrejon de Ardoz
$1219
21 km or 13 mi Tres Cantos
$1298
29 km or 18 mi Alcala de Henares
$1156
50 km or 31 mi Guadalajara
$1138
68 km or 42 mi Toledo
$1282
69 km or 43 mi Segovia
$1303
138 km or 86 mi Cuenca
$1139
155 km or 97 mi Laguna de Duero
$1187
158 km or 98 mi Villarrobledo
$1203
162 km or 101 mi Valladolid
$1207
177 km or 110 mi Salamanca
$973
196 km or 122 mi Puertollano
$932
208 km or 129 mi Plasencia
$1127
211 km or 131 mi Zamora
$1140
215 km or 133 mi Burgos
$1109
223 km or 139 mi Albacete
$983
242 km or 150 mi Villanueva de la Serena
$1137
244 km or 151 mi Requena
$1241
250 km or 156 mi Logrono
$1142
251 km or 156 mi Caceres
$902
253 km or 157 mi Tudela
$1260
258 km or 160 mi Linares
$1206
269 km or 167 mi Ubeda
$1283
272 km or 169 mi Zaragoza
$1327
281 km or 175 mi Merida
$1096
283 km or 176 mi Vitoria-Gasteiz
$1382
288 km or 179 mi Leon
$987
295 km or 183 mi Jaen
$963
296 km or 184 mi Jumilla
$1191
297 km or 184 mi Cordoba
$1056
298 km or 185 mi Yecla
$1210
299 km or 186 mi Braganca
$807
301 km or 187 mi Martos
$1214
302 km or 187 mi Caravaca de la Cruz
$1176
302 km or 188 mi Valencia
$1437