Madrid vs New Taipei - Cost of Living Comparison

Updated:

Livingcost

Madrid New Taipei
🚶 Cost of living one person
$2109
$1123
👨‍👩‍👧‍👦 Cost of living Family
$4833
$2973
🏠 One person rent
$1251
$482
🏘️ Family rent
$2104
$836
🍽️ Food expenses
$517
$403
🚐 Transport expenses
$191
$128
💳 Monthly salary after tax
$2569
$1386
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
10 km
12 km
🎓 Higher education
98
94
😀 Quality of life
91
90
🏙️ Population
3.51M
4.04M

The cost of living in Madrid is 88% more expensive than in New Taipei. Cities ranked 1723rd and 4931st ($2109 vs $1123) in the list of the most expensive cities in the world and ranked 4th and 2nd in Spain and Taiwan, respectively. Check Spain vs Taiwan comparison.

The average after-tax salary is enough to cover living expenses for 1.2 months in Madrid compared to 1.2 months in New Taipei. Madrid ranked 1st best city to live in Spain vs New Taipei ranked 2nd in Taiwan, while ranked 160th and 183rd among best cities to live in the world.

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the estimated difference in money purchasing power

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Prices in Madrid vs New Taipei

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

Madrid New Taipei
Eating Out
🍱 Lunch Menu
$17.6
$4.72
🥂 Dinner in a Restaurant, for 2
$60.1
$31.8
🥪 Fast food meal, equiv. McDonald's
$13.1
$5.16
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.64
$1.65
☕ Cappuccino
$3.76
$2.31
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$0.9
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1411
$577
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1035
$343
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2589
$1046
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1735
$621
🔌 Utility Bill one person, electricity, heating, water, etc.
$108
$69
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$165
$106
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.4
$23.1
🏦 Mortgage Interest Rate for 20 Years
3.1%
2.82%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9054
$12629
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4487
$7371
Transportation
🚌 Local transport ticket
$1.75
$0.73
🎟️ Monthly ticket local transport
$42.5
$38.1
🚕 Taxi Ride, 8 km or 5 mi
$18.1
$10.4
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.8
$0.98
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$3.16
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$1.87
🍚 Rice, 1 kg or 2.2 lb
$1.51
$2.74
🥚 Eggs, x12
$3.97
$2.26
🧀 Cheese, 1 kg or 2.2 lb
$17.3
$17
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.98
$10
🥩 Round Steak, 1 kg or 2.2 lb
$17.7
$20.1
🍏 Apples, 1 kg or 2.2 lb
$3.06
$4.14
🍌 Banana, 1 kg or 2.2 lb
$2.39
$2.47
🍊 Oranges, 1 kg or 2.2 lb
$2.64
$2.79
🍅 Tomato, 1 kg or 2.2 lb
$2.88
$3.72
🥔 Potato, 1 kg or 2.2 lb
$2.22
$4.13
🧅 Onion, 1 kg or 2.2 lb
$2.27
$2.1
🌊 Water, 1 L or 1 qt
$0.67
$0.6
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.95
$1.85
🍾 Wine (mid-priced), 750 mL bottle
$8.81
$9.1
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$1.46
🚬 Cigarette pack
$7.01
$4.32
💊 Cold medicince, 1 week
$11.7
$9.6
🧴 Hair Shampoo
$4.43
$7.73
🧻 Toilet paper, 4 rolls
$2.43
$1.66
👄 Toothpaste, 1 tube
$2.55
$2.71
Other
🏋️ Gym Membership, 1 month
$53.1
$39.1
🎫 Cinema Ticket, 1 person
$11.8
$12.7
👩‍⚕️ Doctor's visit
$68.9
$37.6
💇 Haircut, simple
$17.4
$16.1
👖 Brand Jeans
$99.3
$47.4
👟 Brand Sneakers
$114
$93.5
👶 Daycare or Preschool, 1 month
$729
$650
🏫 International Primary School, 1 year
$16324
$21429

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812

Cities near New Taipei

Distance City Cost of living
9.6 km or 6 mi Taipei
$1248
29 km or 18 mi Taoyuan
$989
33 km or 20 mi Keelung
$979
42 km or 26 mi Yilan
$792
48 km or 30 mi Zhubei
$889
53 km or 33 mi Hsinchu
$921
80 km or 50 mi Miaoli
$687
124 km or 77 mi Taichung
$942
140 km or 87 mi Changhua
$874
144 km or 90 mi Nantou
$868
171 km or 106 mi Douliu
$884
198 km or 123 mi Chiayi
$904
246 km or 153 mi Fuzhou
$679
250 km or 155 mi Putian
$673
252 km or 157 mi Taitung
$844
259 km or 161 mi Tainan
$938
267 km or 166 mi Ningde
$672
283 km or 176 mi Ishigaki
$1039
289 km or 179 mi Quanzhou
$648
290 km or 180 mi Jinjiang
$643
291 km or 181 mi Kaohsiung
$971
318 km or 197 mi Rui'an
$717
321 km or 199 mi Kinmen
$892
341 km or 212 mi Wenzhou
$774
345 km or 214 mi Xiamen
$729
375 km or 233 mi Nanping
$689
375 km or 233 mi Wenling
$687
386 km or 240 mi Zhangzhou
$702
387 km or 241 mi Miyakojima
$1042
408 km or 253 mi Sanming
$640
411 km or 256 mi Lishui
$686
428 km or 266 mi Linhai
$677
445 km or 277 mi Longyan
$705
457 km or 284 mi Wuyishan
$617
489 km or 304 mi Jinhua
$611
497 km or 309 mi Yiwu
$696
507 km or 315 mi Quzhou
$628
510 km or 317 mi Chaozhou
$474
515 km or 320 mi Shangrao
$684
515 km or 320 mi Shantou
$612