Madrid vs New Taipei - Cost of Living Comparison

Updated: March 02, 2025

	Madrid	New Taipei
🚶 Cost of living one person	$1781	$1073
👨‍👩‍👧‍👦 Cost of living Family	$4027	$3063
🏠 One person rent	$1048	$469
🏘️ Family rent	$1736	$1083
🍽️ Food expenses	$445	$380
🚐 Transport expenses	$163	$116
💳 Monthly salary after tax	$2294	$1589
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	13 km
🎓 Higher education	98	94
😀 Quality of life	90	86
🏙️ Population	3.42M	4.04M

The cost of living in Madrid is 66% more expensive than in New Taipei. Cities ranked 2443rd and 5000th ($1781 vs $1073) 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 1.5 months in New Taipei. Madrid ranked 1st best city to live in Spain vs New Taipei ranked 1st in Taiwan, while ranked 151st and 302nd among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Madrid vs New Taipei infographic

Share this infographic!

Use the link below to embed the infographic from our site and automatically keep the data layer up to date.

If you prefer to download the image, please credit us as a source.

<img src="https://livingcost.org/assets/photo/cost/madrid/new-taipei.jpg" alt="Cost of living in Madrid vs New Taipei infographic" style="max-width: 100%; height: auto;"><p>Source: <a href="https://livingcost.org/cost/madrid/new-taipei" target="_blank">Madrid vs New Taipei - Cost of Living Comparison</a></p>

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	$14.7	$4.61
🥂 Dinner in a Restaurant, for 2	$57	$30.8
🥪 Fast food meal, equiv. McDonald's	$10.6	$5.06
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.36	$2.46
☕ Cappuccino	$2.92	$2.62
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.77	$1
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1203	$495
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$853	$376
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2092	$1348
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1428	$898
🔌 Utility Bill one person, electricity, heating, water, etc.	$94	$46.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$145	$73.1
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$30.6	$22.1
🏦 Mortgage Interest Rate for 20 Years	3.59%	2.11%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$6884	$9392
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$3988	$4811
Transportation
🚌 Local transport ticket	$1.56	$0.62
🎟️ Monthly ticket local transport	$32.4	$36.8
🚕 Taxi Ride, 8 km or 5 mi	$15.8	$8.74
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.74	$0.94
Groceries
🥛 Milk, 1 L or 1 qt	$1.11	$2.92
🍞 Bread, 0.5 kg or 1.1 lb	$1.31	$1.75
🍚 Rice, 1 kg or 2.2 lb	$1.31	$2.74
🥚 Eggs, x12	$3.12	$2.76
🧀 Cheese, 1 kg or 2.2 lb	$13.5	$16.1
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.12	$7.83
🥩 Round Steak, 1 kg or 2.2 lb	$14.5	$19.1
🍏 Apples, 1 kg or 2.2 lb	$2.31	$4.62
🍌 Banana, 1 kg or 2.2 lb	$1.91	$1.96
🍊 Oranges, 1 kg or 2.2 lb	$2.13	$2.44
🍅 Tomato, 1 kg or 2.2 lb	$2.26	$3.42
🥔 Potato, 1 kg or 2.2 lb	$1.78	$2.69
🧅 Onion, 1 kg or 2.2 lb	$1.77	$1.78
🌊 Water, 1 L or 1 qt	$0.59	$0.62
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.02	$1.73
🍾 Wine (mid-priced), 750 mL bottle	$6.89	$12.2
🍺 Beer, 0.5 L or 16 fl oz	$1.21	$1.33
🚬 Cigarette pack	$6.25	$3.67
💊 Cold medicince, 1 week	$11.5	$9.43
🧴 Hair Shampoo	$3.96	$7.78
🧻 Toilet paper, 4 rolls	$2.62	$1.61
👄 Toothpaste, 1 tube	$2.99	$2.66
Other
🏋️ Gym Membership, 1 month	$45	$31
🎫 Cinema Ticket, 1 person	$10.2	$9.84
👩‍⚕️ Doctor's visit	$58.3	$33.7
💇 Haircut, simple	$15.1	$15.6
👖 Brand Jeans	$80.7	$77.3
👟 Brand Sneakers	$90.1	$91.2
👶 Daycare or Preschool, 1 month	$576	$515
🏫 International Primary School, 1 year	$10042	$18855

Cost of living in other countries

Cost of living

Cost of Living in the nearest cities

Cities near Madrid

Distance	City	Cost of living
11 km or 6.6 mi	Pozuelo de Alarcon	$1565
11 km or 6.7 mi	Coslada	$1530
14 km or 8.5 mi	Alcobendas	$1433
18 km or 11 mi	Mostoles	$1573
18 km or 11 mi	Fuenlabrada	$1389
18 km or 11 mi	Torrejon de Ardoz	$1387
21 km or 13 mi	Tres Cantos	$1309
29 km or 18 mi	Alcala de Henares	$1293
50 km or 31 mi	Guadalajara	$1056
68 km or 42 mi	Toledo	$1204
69 km or 43 mi	Segovia	$1285
138 km or 86 mi	Cuenca	$1084
155 km or 97 mi	Laguna de Duero	$1201
158 km or 98 mi	Villarrobledo	$1235
162 km or 101 mi	Valladolid	$1212
177 km or 110 mi	Salamanca	$1086
196 km or 122 mi	Puertollano	$812
208 km or 129 mi	Plasencia	$1098
211 km or 131 mi	Zamora	$1286
215 km or 133 mi	Burgos	$1107
223 km or 139 mi	Albacete	$1209
242 km or 150 mi	Villanueva de la Serena	$1157
244 km or 151 mi	Requena	$1261
250 km or 156 mi	Logrono	$983
251 km or 156 mi	Caceres	$947
253 km or 157 mi	Tudela	$1241
258 km or 160 mi	Linares	$1220
269 km or 167 mi	Ubeda	$1316
272 km or 169 mi	Zaragoza	$1101
281 km or 175 mi	Merida	$1126
283 km or 176 mi	Vitoria-Gasteiz	$1532
288 km or 179 mi	Leon	$1241
295 km or 183 mi	Jaen	$930
296 km or 184 mi	Jumilla	$1241
297 km or 184 mi	Cordoba	$1100
298 km or 185 mi	Yecla	$1324
299 km or 186 mi	Braganca	$806
301 km or 187 mi	Martos	$1204
302 km or 187 mi	Caravaca de la Cruz	$1221
302 km or 188 mi	Valencia	$1522

Cities near New Taipei

Distance	City	Cost of living
9.6 km or 6 mi	Taipei	$1181
29 km or 18 mi	Taoyuan	$875
33 km or 20 mi	Keelung	$967
42 km or 26 mi	Yilan	$731
48 km or 30 mi	Zhubei	$821
53 km or 33 mi	Hsinchu	$897
80 km or 50 mi	Miaoli	$728
124 km or 77 mi	Taichung	$894
140 km or 87 mi	Changhua	$813
144 km or 90 mi	Nantou	$796
171 km or 106 mi	Douliu	$770
198 km or 123 mi	Chiayi	$747
246 km or 153 mi	Fuzhou	$669
250 km or 155 mi	Putian	$625
252 km or 157 mi	Taitung	$788
259 km or 161 mi	Tainan	$814
267 km or 166 mi	Ningde	$648
283 km or 176 mi	Ishigaki	$1155
289 km or 179 mi	Quanzhou	$644
290 km or 180 mi	Jinjiang	$627
291 km or 181 mi	Kaohsiung	$956
318 km or 197 mi	Rui'an	$681
321 km or 199 mi	Kinmen	$823
341 km or 212 mi	Wenzhou	$726
345 km or 214 mi	Xiamen	$688
375 km or 233 mi	Nanping	$630
375 km or 233 mi	Wenling	$671
386 km or 240 mi	Zhangzhou	$664
387 km or 241 mi	Miyakojima	$1154
408 km or 253 mi	Sanming	$603
411 km or 256 mi	Lishui	$682
428 km or 266 mi	Linhai	$661
445 km or 277 mi	Longyan	$649
457 km or 284 mi	Wuyishan	$601
489 km or 304 mi	Jinhua	$587
497 km or 309 mi	Yiwu	$677
507 km or 315 mi	Quzhou	$616
510 km or 317 mi	Chaozhou	$451
515 km or 320 mi	Shangrao	$671
515 km or 320 mi	Shantou	$581