Madrid vs New Taipei - Cost of Living Comparison

Updated: October 14, 2025

	Madrid	New Taipei
🚶 Cost of living one person	$2015	$1135
👨‍👩‍👧‍👦 Cost of living Family	$4668	$2924
🏠 One person rent	$1177	$510
🏘️ Family rent	$2051	$885
🍽️ Food expenses	$499	$385
🚐 Transport expenses	$189	$127
💳 Monthly salary after tax	$2580	$1378
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	13 km
🎓 Higher education	98	94
😀 Quality of life	92	87
🏙️ Population	3.42M	4.04M

The cost of living in Madrid is 78% more expensive than in New Taipei. Cities ranked 1962nd and 4867th ($2015 vs $1135) 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 1.2 months in New Taipei. Madrid ranked 1st best city to live in Spain vs New Taipei ranked 2nd in Taiwan, while ranked 142nd and 387th 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

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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	$16.4	$4.87
🥂 Dinner in a Restaurant, for 2	$62.3	$32.3
🥪 Fast food meal, equiv. McDonald's	$12	$5.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.96	$1.8
☕ Cappuccino	$3.72	$2.4
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$3.13	$0.87
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1341	$520
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$959	$386
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2482	$947
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1691	$698
🔌 Utility Bill one person, electricity, heating, water, etc.	$110	$72.7
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$169	$112
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.3	$25.1
🏦 Mortgage Interest Rate for 20 Years	3.1%	2.76%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$8353	$14096
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$4881	$6224
Transportation
🚌 Local transport ticket	$1.74	$0.65
🎟️ Monthly ticket local transport	$43.1	$39.4
🚕 Taxi Ride, 8 km or 5 mi	$17.7	$9.87
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.8	$1.01
Groceries
🥛 Milk, 1 L or 1 qt	$1.21	$3.16
🍞 Bread, 0.5 kg or 1.1 lb	$1.46	$1.63
🍚 Rice, 1 kg or 2.2 lb	$1.46	$2.95
🥚 Eggs, x12	$3.62	$2.68
🧀 Cheese, 1 kg or 2.2 lb	$16.5	$12.9
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.96	$7.84
🥩 Round Steak, 1 kg or 2.2 lb	$17.5	$22.6
🍏 Apples, 1 kg or 2.2 lb	$2.83	$4.21
🍌 Banana, 1 kg or 2.2 lb	$2.3	$2.54
🍊 Oranges, 1 kg or 2.2 lb	$2.65	$2.29
🍅 Tomato, 1 kg or 2.2 lb	$2.88	$2.82
🥔 Potato, 1 kg or 2.2 lb	$2.12	$3.57
🧅 Onion, 1 kg or 2.2 lb	$2.22	$1.67
🌊 Water, 1 L or 1 qt	$0.65	$0.54
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.51	$1.88
🍾 Wine (mid-priced), 750 mL bottle	$8.79	$9.46
🍺 Beer, 0.5 L or 16 fl oz	$1.39	$1.55
🚬 Cigarette pack	$6.94	$4.87
💊 Cold medicince, 1 week	$10.5	$10.7
🧴 Hair Shampoo	$3.97	$7.86
🧻 Toilet paper, 4 rolls	$2.6	$1.71
👄 Toothpaste, 1 tube	$2.8	$2.82
Other
🏋️ Gym Membership, 1 month	$52	$39.4
🎫 Cinema Ticket, 1 person	$11.8	$11.4
👩‍⚕️ Doctor's visit	$70.5	$38.7
💇 Haircut, simple	$17.4	$17
👖 Brand Jeans	$102	$59.9
👟 Brand Sneakers	$107	$91.7
👶 Daycare or Preschool, 1 month	$678	$571
🏫 International Primary School, 1 year	$12418	$17207

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	$1870
11 km or 6.7 mi	Coslada	$1674
14 km or 8.5 mi	Alcobendas	$1656
18 km or 11 mi	Mostoles	$1703
18 km or 11 mi	Fuenlabrada	$1592
18 km or 11 mi	Torrejon de Ardoz	$1581
21 km or 13 mi	Tres Cantos	$1627
29 km or 18 mi	Alcala de Henares	$1573
50 km or 31 mi	Guadalajara	$1194
68 km or 42 mi	Toledo	$1325
69 km or 43 mi	Segovia	$1385
138 km or 86 mi	Cuenca	$1217
155 km or 97 mi	Laguna de Duero	$1346
158 km or 98 mi	Villarrobledo	$1400
162 km or 101 mi	Valladolid	$1367
177 km or 110 mi	Salamanca	$1189
196 km or 122 mi	Puertollano	$893
208 km or 129 mi	Plasencia	$1225
211 km or 131 mi	Zamora	$1337
215 km or 133 mi	Burgos	$1343
223 km or 139 mi	Albacete	$1464
242 km or 150 mi	Villanueva de la Serena	$1312
244 km or 151 mi	Requena	$1407
250 km or 156 mi	Logrono	$1118
251 km or 156 mi	Caceres	$1225
253 km or 157 mi	Tudela	$1414
258 km or 160 mi	Linares	$1369
269 km or 167 mi	Ubeda	$1490
272 km or 169 mi	Zaragoza	$1457
281 km or 175 mi	Merida	$1272
283 km or 176 mi	Vitoria-Gasteiz	$1685
288 km or 179 mi	Leon	$1303
295 km or 183 mi	Jaen	$1133
296 km or 184 mi	Jumilla	$1345
297 km or 184 mi	Cordoba	$1233
298 km or 185 mi	Yecla	$1320
299 km or 186 mi	Braganca	$913
301 km or 187 mi	Martos	$1382
302 km or 187 mi	Caravaca de la Cruz	$1344
302 km or 188 mi	Valencia	$1703

Cities near New Taipei

Distance	City	Cost of living
9.6 km or 6 mi	Taipei	$1313
29 km or 18 mi	Taoyuan	$942
33 km or 20 mi	Keelung	$1030
42 km or 26 mi	Yilan	$802
48 km or 30 mi	Zhubei	$868
53 km or 33 mi	Hsinchu	$993
80 km or 50 mi	Miaoli	$695
124 km or 77 mi	Taichung	$1006
140 km or 87 mi	Changhua	$914
144 km or 90 mi	Nantou	$894
171 km or 106 mi	Douliu	$894
198 km or 123 mi	Chiayi	$914
246 km or 153 mi	Fuzhou	$628
250 km or 155 mi	Putian	$634
252 km or 157 mi	Taitung	$854
259 km or 161 mi	Tainan	$894
267 km or 166 mi	Ningde	$628
283 km or 176 mi	Ishigaki	$1078
289 km or 179 mi	Quanzhou	$621
290 km or 180 mi	Jinjiang	$615
291 km or 181 mi	Kaohsiung	$1002
318 km or 197 mi	Rui'an	$700
321 km or 199 mi	Kinmen	$901
341 km or 212 mi	Wenzhou	$753
345 km or 214 mi	Xiamen	$707
375 km or 233 mi	Nanping	$671
375 km or 233 mi	Wenling	$677
386 km or 240 mi	Zhangzhou	$681
387 km or 241 mi	Miyakojima	$1079
408 km or 253 mi	Sanming	$616
411 km or 256 mi	Lishui	$696
428 km or 266 mi	Linhai	$666
445 km or 277 mi	Longyan	$697
457 km or 284 mi	Wuyishan	$600
489 km or 304 mi	Jinhua	$586
497 km or 309 mi	Yiwu	$672
507 km or 315 mi	Quzhou	$604
510 km or 317 mi	Chaozhou	$454
515 km or 320 mi	Shangrao	$650
515 km or 320 mi	Shantou	$589