Madrid vs New Taipei - Cost of Living Comparison

Updated:

Livingcost

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.

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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
$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

MadridNew Taipei

Cost of living

More cities to compare

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