Madrid vs New Taipei - Cost of Living Comparison

Updated:

Livingcost

Madrid New Taipei
🚶 Cost of living one person
$1889
$1060
👨‍👩‍👧‍👦 Cost of living Family
$4256
$2992
🏠 One person rent
$1111
$464
🏘️ Family rent
$1849
$1087
🍽️ Food expenses
$457
$370
🚐 Transport expenses
$177
$119
💳 Monthly salary after tax
$2391
$1661
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
95
😀 Quality of life
90
87
🏙️ Population
3.33M
4.04M

The cost of living in Madrid is 78% more expensive than in New Taipei. Cities ranked 2194th and 5212th ($1889 vs $1060) in the list of the most expensive cities in the world and ranked 5th and 2nd in Spain and Taiwan, respectively. Check Spain vs Taiwan comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Madrid compared to 1.6 months in New Taipei. Madrid ranked 1st best city to live in Spain vs New Taipei ranked 1st in Taiwan, while ranked 149th and 279th among best cities to live in the world.

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Cost of living in Madrid vs New Taipei infographic

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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
$15.3
$4.67
🥂 Dinner in a Restaurant, for 2
$58.7
$31.2
🥪 Fast food meal, equiv. McDonald's
$11
$5.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.18
$2.49
☕ Cappuccino
$2.93
$2.85
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.83
$0.99
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1256
$483
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$911
$361
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2211
$1333
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1526
$890
🔌 Utility Bill one person, electricity, heating, water, etc.
$98
$54.3
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$83.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.1
$24.4
🏦 Mortgage Interest Rate for 20 Years
3.68%
1.97%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6496
$9578
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4015
$4941
Transportation
🚌 Local transport ticket
$1.65
$0.71
🎟️ Monthly ticket local transport
$45.3
$37.3
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$8.92
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.85
$0.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$2.93
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$1.9
🍚 Rice, 1 kg or 2.2 lb
$1.51
$3
🥚 Eggs, x12
$3.24
$2.85
🧀 Cheese, 1 kg or 2.2 lb
$15.1
$16.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.47
$8.01
🥩 Round Steak, 1 kg or 2.2 lb
$15.4
$17.4
🍏 Apples, 1 kg or 2.2 lb
$2.61
$4.54
🍌 Banana, 1 kg or 2.2 lb
$2.01
$1.59
🍊 Oranges, 1 kg or 2.2 lb
$2.2
$1.42
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$2.19
🥔 Potato, 1 kg or 2.2 lb
$1.85
$2.76
🧅 Onion, 1 kg or 2.2 lb
$1.82
$1.33
🌊 Water, 1 L or 1 qt
$0.62
$0.65
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.22
$1.77
🍾 Wine (mid-priced), 750 mL bottle
$7.49
$11.9
🍺 Beer, 0.5 L or 16 fl oz
$1.3
$1.36
🚬 Cigarette pack
$6.16
$3.8
💊 Cold medicince, 1 week
$9.3
$9.54
🧴 Hair Shampoo
$3.59
$7.87
🧻 Toilet paper, 4 rolls
$2.4
$1.67
👄 Toothpaste, 1 tube
$2.71
$2.71
Other
🏋️ Gym Membership, 1 month
$47.2
$29.9
🎫 Cinema Ticket, 1 person
$11.5
$10.1
👩‍⚕️ Doctor's visit
$67.3
$36.5
💇 Haircut, simple
$21.5
$16.1
👖 Brand Jeans
$89.1
$67.7
👟 Brand Sneakers
$96.9
$86.8
👶 Daycare or Preschool, 1 month
$585
$504
🏫 International Primary School, 1 year
$10462
$13786

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
$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

Cities near New Taipei

Distance City Cost of living
9.6 km or 6 mi Taipei
$1158
29 km or 18 mi Taoyuan
$868
33 km or 20 mi Keelung
$1028
42 km or 26 mi Yilan
$745
48 km or 30 mi Zhubei
$828
53 km or 33 mi Hsinchu
$864
80 km or 50 mi Miaoli
$698
124 km or 77 mi Taichung
$931
140 km or 87 mi Changhua
$841
144 km or 90 mi Nantou
$818
171 km or 106 mi Douliu
$761
198 km or 123 mi Chiayi
$707
246 km or 153 mi Fuzhou
$706
250 km or 155 mi Putian
$661
252 km or 157 mi Taitung
$801
259 km or 161 mi Tainan
$841
267 km or 166 mi Ningde
$683
283 km or 176 mi Ishigaki
$1229
289 km or 179 mi Quanzhou
$666
290 km or 180 mi Jinjiang
$654
291 km or 181 mi Kaohsiung
$932
318 km or 197 mi Rui'an
$719
321 km or 199 mi Kinmen
$821
341 km or 212 mi Wenzhou
$776
345 km or 214 mi Xiamen
$807
375 km or 233 mi Nanping
$673
375 km or 233 mi Wenling
$712
386 km or 240 mi Zhangzhou
$731
387 km or 241 mi Miyakojima
$1231
408 km or 253 mi Sanming
$642
411 km or 256 mi Lishui
$719
428 km or 266 mi Linhai
$702
445 km or 277 mi Longyan
$713
457 km or 284 mi Wuyishan
$643
489 km or 304 mi Jinhua
$731
497 km or 309 mi Yiwu
$708
507 km or 315 mi Quzhou
$633
510 km or 317 mi Chaozhou
$592
515 km or 320 mi Shangrao
$716
515 km or 320 mi Shantou
$605