Madrid vs Seoul - Cost of Living Comparison

Updated:

Livingcost

Madrid Seoul
🚶 Cost of living one person
$2109
$1296
👨‍👩‍👧‍👦 Cost of living Family
$4833
$3195
🏠 One person rent
$1251
$624
🏘️ Family rent
$2104
$1077
🍽️ Food expenses
$517
$438
🚐 Transport expenses
$191
$132
💳 Monthly salary after tax
$2569
$3066
😷 Air quality
Excellent
Moderate
✈️ Airport proximity
10 km
18 km
🎓 Higher education
98
99
😀 Quality of life
91
95
🏙️ Population
3.51M
9.67M

The cost of living in Madrid is 63% more expensive than in Seoul. Cities ranked 1723rd and 4545th ($2109 vs $1296) in the list of the most expensive cities in the world and ranked 4th and 3rd in Spain and South Korea, respectively. Check Spain vs South Korea comparison.

The average after-tax salary is enough to cover living expenses for 1.2 months in Madrid compared to 2.4 months in Seoul. Madrid ranked 1st best city to live in Spain vs Seoul ranked 1st in South Korea, while ranked 160th and 16th among best cities to live in the world.

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the estimated difference in money purchasing power

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Prices in Madrid vs Seoul

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

Madrid Seoul
Eating Out
🍱 Lunch Menu
$17.6
$7.13
🥂 Dinner in a Restaurant, for 2
$60.1
$45.4
🥪 Fast food meal, equiv. McDonald's
$13.1
$5.97
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.64
$3.36
☕ Cappuccino
$3.76
$3.47
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$1.44
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1411
$717
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1035
$459
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2589
$1281
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1735
$818
🔌 Utility Bill one person, electricity, heating, water, etc.
$108
$98.8
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$165
$152
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.4
$14.5
🏦 Mortgage Interest Rate for 20 Years
3.1%
4.02%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9054
$24031
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4487
$10129
Transportation
🚌 Local transport ticket
$1.75
$1.01
🎟️ Monthly ticket local transport
$42.5
$40.1
🚕 Taxi Ride, 8 km or 5 mi
$18.1
$7.36
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.8
$1.17
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$1.82
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$2.4
🍚 Rice, 1 kg or 2.2 lb
$1.51
$2.98
🥚 Eggs, x12
$3.97
$2.79
🧀 Cheese, 1 kg or 2.2 lb
$17.3
$13
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.98
$7.93
🥩 Round Steak, 1 kg or 2.2 lb
$17.7
$25.3
🍏 Apples, 1 kg or 2.2 lb
$3.06
$6.15
🍌 Banana, 1 kg or 2.2 lb
$2.39
$3.06
🍊 Oranges, 1 kg or 2.2 lb
$2.64
$5.02
🍅 Tomato, 1 kg or 2.2 lb
$2.88
$4.7
🥔 Potato, 1 kg or 2.2 lb
$2.22
$3.05
🧅 Onion, 1 kg or 2.2 lb
$2.27
$2.37
🌊 Water, 1 L or 1 qt
$0.67
$0.68
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.95
$1.46
🍾 Wine (mid-priced), 750 mL bottle
$8.81
$15.3
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$1.86
🚬 Cigarette pack
$7.01
$2.98
💊 Cold medicince, 1 week
$11.7
$3.33
🧴 Hair Shampoo
$4.43
$3.6
🧻 Toilet paper, 4 rolls
$2.43
$2.88
👄 Toothpaste, 1 tube
$2.55
$1.15
Other
🏋️ Gym Membership, 1 month
$53.1
$45.8
🎫 Cinema Ticket, 1 person
$11.8
$9.18
👩‍⚕️ Doctor's visit
$68.9
$52.1
💇 Haircut, simple
$17.4
$14.3
👖 Brand Jeans
$99.3
$49.6
👟 Brand Sneakers
$114
$64.7
👶 Daycare or Preschool, 1 month
$729
$480
🏫 International Primary School, 1 year
$16324
$19916

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
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812

Cities near Seoul

Distance City Cost of living
13 km or 7.9 mi Guri
$1089
17 km or 10 mi Goyang
$1052
17 km or 10 mi Gwangmyeong
$1029
17 km or 11 mi Gwacheon
$1031
19 km or 12 mi Uijeongbu
$868
20 km or 12 mi Hanam
$1152
20 km or 12 mi Namyangju
$1094
20 km or 13 mi Seongnam
$1455
21 km or 13 mi Siheung
$1313
21 km or 13 mi Bucheon
$1090
22 km or 14 mi Anyang
$943
23 km or 14 mi Yangju
$894
24 km or 15 mi Gunpo
$1053
26 km or 16 mi Gimpo
$1040
27 km or 17 mi Uiwang
$1022
30 km or 19 mi Gwangju
$1179
32 km or 20 mi Paju
$1010
33 km or 20 mi Ansan
$1001
33 km or 21 mi Suwon
$985
34 km or 21 mi Incheon
$1032
37 km or 23 mi Dongducheon
$977
39 km or 24 mi Pocheon
$982
42 km or 26 mi Yongin
$1061
47 km or 29 mi Hwaseong
$1045
49 km or 31 mi Osan
$1019
52 km or 32 mi Icheon
$1108
58 km or 36 mi Kaesong
$1557
65 km or 40 mi Yeoju
$1033
66 km or 41 mi Pyeongtaek
$1048
69 km or 43 mi Anseong
$1016
72 km or 45 mi Chuncheon
$819
83 km or 52 mi Dangjin
$952
86 km or 53 mi Wonju
$1062
87 km or 54 mi Cheonan
$1128
101 km or 63 mi Seosan
$917
107 km or 66 mi Chungju
$852
114 km or 71 mi Cheongju
$865
118 km or 73 mi Jecheon
$993
123 km or 77 mi Haeju
$1562
124 km or 77 mi Sejong
$971