Jeju Island vs Madrid - Cost of Living Comparison

Updated:

Livingcost

Jeju Island Madrid
🚶 Cost of living one person
$1165
$1889
👨‍👩‍👧‍👦 Cost of living Family
$3279
$4256
🏠 One person rent
$533
$1111
🏘️ Family rent
$1254
$1849
🍽️ Food expenses
$467
$457
🚐 Transport expenses
$76.5
$177
💳 Monthly salary after tax
$1907
$2391
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
17 km
10 km
🎓 Higher education
19
98
😀 Quality of life
62
90
🏙️ Population
678K
3.33M

The cost of living in Jeju Island is 38% less expensive than in Madrid. Cities ranked 4690th and 2194th ($1165 vs $1889) in the list of the most expensive cities in the world and ranked 5th 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 1.6 months in Jeju Island compared to 1.3 months in Madrid. Jeju Island ranked 68th best city to live in South Korea vs Madrid ranked 1st in Spain, while ranked 4818th and 149th 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
$8.67
$15.3
🥂 Dinner in a Restaurant, for 2
$44.7
$58.7
🥪 Fast food meal, equiv. McDonald's
$7.15
$11
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5
$4.18
☕ Cappuccino
$3.79
$2.93
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.91
$2.83
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$438
$1256
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$349
$911
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$875
$2211
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1043
$1526
🔌 Utility Bill one person, electricity, heating, water, etc.
$146
$98
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$226
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$19.7
$33.1
🏦 Mortgage Interest Rate for 20 Years
3.93%
3.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4369
$6496
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2882
$4015
Transportation
🚌 Local transport ticket
$1.02
$1.65
🎟️ Monthly ticket local transport
$45.6
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$7.63
$15.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.24
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$2.22
$1.19
🍞 Bread, 0.5 kg or 1.1 lb
$2.9
$1.5
🍚 Rice, 1 kg or 2.2 lb
$3.67
$1.51
🥚 Eggs, x12
$2.83
$3.24
🧀 Cheese, 1 kg or 2.2 lb
$13.2
$15.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.66
$8.47
🥩 Round Steak, 1 kg or 2.2 lb
$35.5
$15.4
🍏 Apples, 1 kg or 2.2 lb
$5.89
$2.61
🍌 Banana, 1 kg or 2.2 lb
$2.67
$2.01
🍊 Oranges, 1 kg or 2.2 lb
$3.37
$2.2
🍅 Tomato, 1 kg or 2.2 lb
$3.6
$2.45
🥔 Potato, 1 kg or 2.2 lb
$2.8
$1.85
🧅 Onion, 1 kg or 2.2 lb
$2.25
$1.82
🌊 Water, 1 L or 1 qt
$0.5
$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.76
$2.22
🍾 Wine (mid-priced), 750 mL bottle
$17.6
$7.49
🍺 Beer, 0.5 L or 16 fl oz
$2.54
$1.3
🚬 Cigarette pack
$3.29
$6.16
💊 Cold medicince, 1 week
$5.53
$9.3
🧴 Hair Shampoo
$5.02
$3.59
🧻 Toilet paper, 4 rolls
$2.5
$2.4
👄 Toothpaste, 1 tube
$1.78
$2.71
Other
🏋️ Gym Membership, 1 month
$32.9
$47.2
🎫 Cinema Ticket, 1 person
$10.5
$11.5
👩‍⚕️ Doctor's visit
$31.7
$67.3
💇 Haircut, simple
$7.71
$21.5
👖 Brand Jeans
$55.5
$89.1
👟 Brand Sneakers
$70.5
$96.9
👶 Daycare or Preschool, 1 month
$370
$585
🏫 International Primary School, 1 year
$24282
$10462

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
$1148
16 km or 10 mi Jeju
$1157
159 km or 99 mi Mokpo
$960
186 km or 115 mi Naju
$1040
187 km or 116 mi Yeosu
$981
197 km or 122 mi Suncheon
$1027
203 km or 126 mi Gwangju
$1178
206 km or 128 mi Gwangyang
$999
228 km or 142 mi Goto
$948
240 km or 149 mi Tongyeong
$931
241 km or 149 mi Namwon
$1005
246 km or 153 mi Jeongeup
$1000
248 km or 154 mi Jinju
$1146
251 km or 156 mi Geoje
$893
267 km or 166 mi Sacheon
$1008
271 km or 169 mi Tsushima
$980
273 km or 170 mi Gimje
$968
275 km or 171 mi Masan
$1002
279 km or 173 mi Jeonju
$915
281 km or 175 mi Hirado
$968
284 km or 177 mi Tsushima Island
$981
288 km or 179 mi Changwon
$1083
289 km or 180 mi Iksan
$980
291 km or 181 mi Gunsan
$1007
294 km or 183 mi Saikai
$927
295 km or 184 mi Matsuura
$970
296 km or 184 mi Iki
$985
297 km or 185 mi Sasebo
$985
300 km or 186 mi Gimhae
$901
301 km or 187 mi Busan
$1122
312 km or 194 mi Imari
$971
312 km or 194 mi Miryang
$992
315 km or 196 mi Togitsu
$907
318 km or 197 mi Nagayo
$908
318 km or 197 mi Nagasaki
$944
318 km or 198 mi Yangsan
$973
319 km or 199 mi Karatsu
$994
320 km or 199 mi Nonsan
$1084
324 km or 201 mi Omura
$919
325 km or 202 mi Takeo
$969

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1776
11 km or 6.7 mi Coslada
$1567
14 km or 8.5 mi Alcobendas
$1526
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1471
21 km or 13 mi Tres Cantos
$1396
29 km or 18 mi Alcala de Henares
$1444
50 km or 31 mi Guadalajara
$1122
68 km or 42 mi Toledo
$1289
69 km or 43 mi Segovia
$1333
138 km or 86 mi Cuenca
$1162
155 km or 97 mi Laguna de Duero
$1259
158 km or 98 mi Villarrobledo
$1287
162 km or 101 mi Valladolid
$1262
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$974
208 km or 129 mi Plasencia
$1169
211 km or 131 mi Zamora
$1260
215 km or 133 mi Burgos
$1220
223 km or 139 mi Albacete
$1037
242 km or 150 mi Villanueva de la Serena
$1217
244 km or 151 mi Requena
$1317
250 km or 156 mi Logrono
$1016
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1314
258 km or 160 mi Linares
$1316
269 km or 167 mi Ubeda
$1461
272 km or 169 mi Zaragoza
$1330
281 km or 175 mi Merida
$1186
283 km or 176 mi Vitoria-Gasteiz
$1600
288 km or 179 mi Leon
$1337
295 km or 183 mi Jaen
$1013
296 km or 184 mi Jumilla
$1258
297 km or 184 mi Cordoba
$1165
298 km or 185 mi Yecla
$1271
299 km or 186 mi Braganca
$863
301 km or 187 mi Martos
$1284
302 km or 187 mi Caravaca de la Cruz
$1260
302 km or 188 mi Valencia
$1581