Jeju Island vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Jeju Island Madrid
🚶 Cost of living one person
$1079
$2089
👨‍👩‍👧‍👦 Cost of living Family
$2726
$4820
🏠 One person rent
$473
$1219
🏘️ Family rent
$796
$2088
🍽️ Food expenses
$448
$518
🚐 Transport expenses
$70.3
$197
💳 Monthly salary after tax
$1427
$2681
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
17 km
10 km
🎓 Higher education
18
98
😀 Quality of life
64
90
🏙️ Population
666K
3.51M

The cost of living in Jeju Island is 48% less expensive than in Madrid. Cities ranked 5121st and 1805th ($1079 vs $2089) in the list of the most expensive cities in the world and ranked 17th and 5th in South Korea and Spain, respectively. Check South Korea vs Spain comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Jeju Island compared to 1.3 months in Madrid. Jeju Island ranked 79th best city to live in South Korea vs Madrid ranked 1st in Spain, while ranked 5367th and 190th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this infographic!

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
$8.17
$16.8
🥂 Dinner in a Restaurant, for 2
$42.1
$64.4
🥪 Fast food meal, equiv. McDonald's
$6.65
$12.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.64
$4.79
☕ Cappuccino
$3.97
$3.61
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.76
$3.17
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$409
$1380
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$321
$1000
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$722
$2540
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$568
$1720
🔌 Utility Bill one person, electricity, heating, water, etc.
$115
$111
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$178
$171
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$18.8
$32.8
🏦 Mortgage Interest Rate for 20 Years
4.08%
3.15%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8980
$8795
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$5765
$4558
Transportation
🚌 Local transport ticket
$0.88
$1.77
🎟️ Monthly ticket local transport
$42.7
$43.6
🚕 Taxi Ride, 8 km or 5 mi
$7.03
$18.7
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$2.33
$1.28
🍞 Bread, 0.5 kg or 1.1 lb
$2.7
$1.41
🍚 Rice, 1 kg or 2.2 lb
$2.27
$1.64
🥚 Eggs, x12
$2.93
$4.14
🧀 Cheese, 1 kg or 2.2 lb
$13.6
$18.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.32
$9.28
🥩 Round Steak, 1 kg or 2.2 lb
$18.3
$19.2
🍏 Apples, 1 kg or 2.2 lb
$6.36
$2.98
🍌 Banana, 1 kg or 2.2 lb
$4.96
$2.39
🍊 Oranges, 1 kg or 2.2 lb
$5.83
$2.69
🍅 Tomato, 1 kg or 2.2 lb
$5.53
$2.9
🥔 Potato, 1 kg or 2.2 lb
$2.86
$2.3
🧅 Onion, 1 kg or 2.2 lb
$1.84
$2.24
🌊 Water, 1 L or 1 qt
$0.41
$0.6
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.52
$2.67
🍾 Wine (mid-priced), 750 mL bottle
$16.1
$10.2
🍺 Beer, 0.5 L or 16 fl oz
$2.22
$1.4
🚬 Cigarette pack
$2.81
$7.09
💊 Cold medicince, 1 week
$4.91
$11.5
🧴 Hair Shampoo
$4.22
$4.06
🧻 Toilet paper, 4 rolls
$2.25
$2.63
👄 Toothpaste, 1 tube
$1.55
$2.83
Other
🏋️ Gym Membership, 1 month
$30.9
$52.8
🎫 Cinema Ticket, 1 person
$10.3
$12.3
👩‍⚕️ Doctor's visit
$40.4
$71
💇 Haircut, simple
$7.3
$20.2
👖 Brand Jeans
$50
$103
👟 Brand Sneakers
$64
$108
👶 Daycare or Preschool, 1 month
$352
$702
🏫 International Primary School, 1 year
$21734
$14237

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Jeju Island

Distance City Cost of living
13 km or 8.2 mi Seogwipo
$1076
16 km or 10 mi Jeju
$1064
159 km or 99 mi Mokpo
$991
186 km or 115 mi Naju
$981
187 km or 116 mi Yeosu
$1008
197 km or 122 mi Suncheon
$1014
203 km or 126 mi Gwangju
$1062
206 km or 128 mi Gwangyang
$996
228 km or 142 mi Goto
$917
240 km or 149 mi Tongyeong
$981
241 km or 149 mi Namwon
$970
246 km or 153 mi Jeongeup
$963
248 km or 154 mi Jinju
$1111
251 km or 156 mi Geoje
$961
267 km or 166 mi Sacheon
$993
271 km or 169 mi Tsushima
$944
273 km or 170 mi Gimje
$964
275 km or 171 mi Masan
$994
279 km or 173 mi Jeonju
$823
281 km or 175 mi Hirado
$932
284 km or 177 mi Tsushima Island
$945
288 km or 179 mi Changwon
$1032
289 km or 180 mi Iksan
$982
291 km or 181 mi Gunsan
$1002
294 km or 183 mi Saikai
$918
295 km or 184 mi Matsuura
$928
296 km or 184 mi Iki
$944
297 km or 185 mi Sasebo
$956
300 km or 186 mi Gimhae
$946
301 km or 187 mi Busan
$1114
312 km or 194 mi Imari
$924
312 km or 194 mi Miryang
$991
315 km or 196 mi Togitsu
$908
318 km or 197 mi Nagayo
$909
318 km or 197 mi Nagasaki
$960
318 km or 198 mi Yangsan
$1005
319 km or 199 mi Karatsu
$934
320 km or 199 mi Nonsan
$1005
324 km or 201 mi Omura
$909
325 km or 202 mi Takeo
$915

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1936
11 km or 6.7 mi Coslada
$1751
14 km or 8.5 mi Alcobendas
$1731
18 km or 11 mi Mostoles
$1747
18 km or 11 mi Fuenlabrada
$1648
18 km or 11 mi Torrejon de Ardoz
$1671
21 km or 13 mi Tres Cantos
$1688
29 km or 18 mi Alcala de Henares
$1697
50 km or 31 mi Guadalajara
$1226
68 km or 42 mi Toledo
$1350
69 km or 43 mi Segovia
$1366
138 km or 86 mi Cuenca
$1251
155 km or 97 mi Laguna de Duero
$1384
158 km or 98 mi Villarrobledo
$1433
162 km or 101 mi Valladolid
$1408
177 km or 110 mi Salamanca
$1215
196 km or 122 mi Puertollano
$918
208 km or 129 mi Plasencia
$1260
211 km or 131 mi Zamora
$1387
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1451
242 km or 150 mi Villanueva de la Serena
$1349
244 km or 151 mi Requena
$1461
250 km or 156 mi Logrono
$1146
251 km or 156 mi Caceres
$1253
253 km or 157 mi Tudela
$1462
258 km or 160 mi Linares
$1356
269 km or 167 mi Ubeda
$1435
272 km or 169 mi Zaragoza
$1471
281 km or 175 mi Merida
$1300
283 km or 176 mi Vitoria-Gasteiz
$1734
288 km or 179 mi Leon
$1365
295 km or 183 mi Jaen
$1123
296 km or 184 mi Jumilla
$1388
297 km or 184 mi Cordoba
$1331
298 km or 185 mi Yecla
$1299
299 km or 186 mi Braganca
$957
301 km or 187 mi Martos
$1385
302 km or 187 mi Caravaca de la Cruz
$1366
302 km or 188 mi Valencia
$1797