Madrid vs Pohang - Cost of Living Comparison

Updated:

Livingcost

Madrid Pohang
🚶 Cost of living one person
$2015
$1024
👨‍👩‍👧‍👦 Cost of living Family
$4668
$2451
🏠 One person rent
$1177
$471
🏘️ Family rent
$2051
$699
🍽️ Food expenses
$499
$378
🚐 Transport expenses
$189
$67.9
💳 Monthly salary after tax
$2580
$2213
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
10 km
7 km
🎓 Higher education
98
59
😀 Quality of life
92
70
🏙️ Population
3.42M
504K

The cost of living in Madrid is 97% more expensive than in Pohang. Cities ranked 1962nd and 5383rd ($2015 vs $1024) in the list of the most expensive cities in the world and ranked 5th and 48th in Spain and South Korea, respectively. Check Spain vs South Korea comparison.

The average after-tax salary is enough to cover living expenses for 1.3 months in Madrid compared to 2.2 months in Pohang. Madrid ranked 1st best city to live in Spain vs Pohang ranked 40th in South Korea, while ranked 142nd and 3894th among best cities to live in the world.

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Cost of living in Madrid vs Pohang infographic

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Prices in Madrid vs Pohang

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

Madrid Pohang
Eating Out
🍱 Lunch Menu
$16.4
$5.58
🥂 Dinner in a Restaurant, for 2
$62.3
$21
🥪 Fast food meal, equiv. McDonald's
$12
$6.05
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.96
$3.53
☕ Cappuccino
$3.72
$2.8
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.13
$1.4
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1341
$359
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$959
$386
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2482
$660
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1691
$554
🔌 Utility Bill one person, electricity, heating, water, etc.
$110
$62.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$169
$95.9
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.3
$27.8
🏦 Mortgage Interest Rate for 20 Years
3.1%
4.24%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8353
$6706
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4881
$2785
Transportation
🚌 Local transport ticket
$1.74
$0.99
🎟️ Monthly ticket local transport
$43.1
$45.3
🚕 Taxi Ride, 8 km or 5 mi
$17.7
$7.95
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.8
$1.13
Groceries
🥛 Milk, 1 L or 1 qt
$1.21
$1.76
🍞 Bread, 0.5 kg or 1.1 lb
$1.46
$3.1
🍚 Rice, 1 kg or 2.2 lb
$1.46
$2.43
🥚 Eggs, x12
$3.62
$2.87
🧀 Cheese, 1 kg or 2.2 lb
$16.5
$10.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.96
$6.27
🥩 Round Steak, 1 kg or 2.2 lb
$17.5
$26
🍏 Apples, 1 kg or 2.2 lb
$2.83
$2.11
🍌 Banana, 1 kg or 2.2 lb
$2.3
$3.18
🍊 Oranges, 1 kg or 2.2 lb
$2.65
$7.34
🍅 Tomato, 1 kg or 2.2 lb
$2.88
$2.46
🥔 Potato, 1 kg or 2.2 lb
$2.12
$4.63
🧅 Onion, 1 kg or 2.2 lb
$2.22
$3.17
🌊 Water, 1 L or 1 qt
$0.65
$0.78
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.51
$1.98
🍾 Wine (mid-priced), 750 mL bottle
$8.79
$8.8
🍺 Beer, 0.5 L or 16 fl oz
$1.39
$1.41
🚬 Cigarette pack
$6.94
$3.17
💊 Cold medicince, 1 week
$10.5
$4.72
🧴 Hair Shampoo
$3.97
$5.3
🧻 Toilet paper, 4 rolls
$2.6
$1.91
👄 Toothpaste, 1 tube
$2.8
$1.66
Other
🏋️ Gym Membership, 1 month
$52
$28.3
🎫 Cinema Ticket, 1 person
$11.8
$10.4
👩‍⚕️ Doctor's visit
$70.5
$43.4
💇 Haircut, simple
$17.4
$7.59
👖 Brand Jeans
$102
$97.8
👟 Brand Sneakers
$107
$75.4
👶 Daycare or Preschool, 1 month
$678
$462
🏫 International Primary School, 1 year
$12418
$13593

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
$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 Pohang

Distance City Cost of living
24 km or 15 mi Gyeongju
$1097
39 km or 24 mi Yeongcheon
$1008
54 km or 33 mi Ulsan
$1076
62 km or 38 mi Gyeongsan
$1001
71 km or 44 mi Daegu
$1062
82 km or 51 mi Miryang
$1038
83 km or 51 mi Andong
$929
83 km or 51 mi Yangsan
$1039
93 km or 58 mi Gumi
$949
99 km or 61 mi Gimhae
$975
106 km or 66 mi Changwon
$1084
108 km or 67 mi Busan
$1108
110 km or 68 mi Yeongju
$1005
113 km or 70 mi Gimcheon
$934
116 km or 72 mi Sangju
$957
120 km or 74 mi Masan
$1008
122 km or 76 mi Mungyeong
$973
127 km or 79 mi Sacheon
$984
131 km or 82 mi Taebaek
$995
149 km or 92 mi Jinju
$1064
149 km or 93 mi Geoje
$913
157 km or 98 mi Tongyeong
$934
158 km or 98 mi Samcheok
$1001
160 km or 100 mi Jecheon
$1037
165 km or 103 mi Chungju
$920
170 km or 105 mi Donghae
$1003
180 km or 112 mi Tsushima Island
$937
181 km or 112 mi Cheongju
$924
181 km or 113 mi Daejeon
$959
192 km or 119 mi Namwon
$980
192 km or 119 mi Gyeryong
$976
193 km or 120 mi Gwangyang
$991
193 km or 120 mi Sejong
$1020
194 km or 121 mi Wonju
$1110
196 km or 122 mi Gangneung
$910
201 km or 125 mi Jeonju
$831
204 km or 126 mi Tsushima
$933
206 km or 128 mi Nonsan
$1046
206 km or 128 mi Gongju
$1063
208 km or 129 mi Suncheon
$1016