Madrid vs Ulsan - Cost of Living Comparison

Updated: March 01, 2024

	Madrid	Ulsan
🚶 Cost of living one person	$1726	$1078
👨‍👩‍👧‍👦 Cost of living Family	$3985	$2738
🏠 One person rent	$986	$486
🏘️ Family rent	$1693	$933
🍽️ Food expenses	$440	$394
🚐 Transport expenses	$168	$94.9
💳 Monthly salary after tax	$2362	$2711
😷 Air quality	Excellent	Moderate
✈️ Airport proximity	10 km	6 km
🎓 Higher education	98	66
😀 Quality of life	90	73
🏙️ Population	3.28M	1.15M

The cost of living in Madrid is 60% more expensive than in Ulsan. Cities ranked 2577th and 4812th ($1726 vs $1078) in the list of the most expensive cities in the world and ranked 7th and 21st in Spain and South Korea, respectively. Check Spain vs South Korea comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 2.5 months in Ulsan. Madrid ranked 1st best city to live in Spain vs Ulsan ranked 27th in South Korea, while ranked 121st and 1859th 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 Ulsan infographic

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Prices in Madrid vs Ulsan

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

	Madrid	Ulsan
Eating Out
🍱 Lunch Menu	$14.1	$5.84
🥂 Dinner in a Restaurant, for 2	$58.9	$21.5
🥪 Fast food meal, equiv. McDonald's	$10	$4.96
🍻 Beer in a Pub, 0.5 L or 16 fl oz	$4.01	$2.83
☕ Cappuccino	$2.55	$2.79
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz	$2.69	$1.06
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2	$1118	$322
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2	$805	$409
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2	$2068	$1450
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2	$1386	$633
🔌 Utility Bill one person, electricity, heating, water, etc.	$85.8	$76.4
🔌 Utility Bill for a Family, electricity, heating, water, etc.	$138	$118
🌐 Internet plan, 50 Mbps+ 1 month unlimited	$32.9	$18.4
🏦 Mortgage Interest Rate for 20 Years	2.58%	4.03%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2	$4611	$5242
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2	$2665	$2935
Transportation
🚌 Local transport ticket	$1.64	$0.94
🎟️ Monthly ticket local transport	$43.5	$37.1
🚕 Taxi Ride, 8 km or 5 mi	$14	$10.5
⛽ Gas / Petrol, 1 L or 0.26 gal	$1.81	$1.26
Groceries
🥛 Milk, 1 L or 1 qt	$1.15	$1.88
🍞 Bread, 0.5 kg or 1.1 lb	$1.5	$2.11
🍚 Rice, 1 kg or 2.2 lb	$1.44	$1.85
🥚 Eggs, x12	$3.16	$2.81
🧀 Cheese, 1 kg or 2.2 lb	$14.8	$13.4
🐔 Chicken Breast, 1 kg or 2.2 lb	$8.08	$6.52
🥩 Round Steak, 1 kg or 2.2 lb	$14.9	$30.1
🍏 Apples, 1 kg or 2.2 lb	$2.39	$5.77
🍌 Banana, 1 kg or 2.2 lb	$1.93	$2.95
🍊 Oranges, 1 kg or 2.2 lb	$1.79	$5.76
🍅 Tomato, 1 kg or 2.2 lb	$2.45	$4.25
🥔 Potato, 1 kg or 2.2 lb	$1.48	$3.16
🧅 Onion, 1 kg or 2.2 lb	$1.58	$2.48
🌊 Water, 1 L or 1 qt	$0.64	$0.61
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz	$2.24	$2.07
🍾 Wine (mid-priced), 750 mL bottle	$6.7	$11.9
🍺 Beer, 0.5 L or 16 fl oz	$1.33	$1.66
🚬 Cigarette pack	$5.86	$2.94
💊 Cold medicince, 1 week	$11.5	$6.58
🧴 Hair Shampoo	$3.45	$7.98
🧻 Toilet paper, 4 rolls	$2.12	$1.58
👄 Toothpaste, 1 tube	$2.44	$2.01
Other
🏋️ Gym Membership, 1 month	$45.2	$57.6
🎫 Cinema Ticket, 1 person	$10.5	$8.63
👩‍⚕️ Doctor's visit	$72.3	$31.4
💇 Haircut, simple	$19.1	$8.87
👖 Brand Jeans	$73.2	$86.1
👟 Brand Sneakers	$84.6	$79.8
👶 Daycare or Preschool, 1 month	$529	$261
🏫 International Primary School, 1 year	$9474	$13766

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	$1721
11 km or 6.7 mi	Coslada	$1368
14 km or 8.5 mi	Alcobendas	$1377
18 km or 11 mi	Mostoles	$1572
18 km or 11 mi	Fuenlabrada	$1492
18 km or 11 mi	Torrejon de Ardoz	$1219
21 km or 13 mi	Tres Cantos	$1298
29 km or 18 mi	Alcala de Henares	$1156
50 km or 31 mi	Guadalajara	$1138
68 km or 42 mi	Toledo	$1282
69 km or 43 mi	Segovia	$1303
138 km or 86 mi	Cuenca	$1139
155 km or 97 mi	Laguna de Duero	$1187
158 km or 98 mi	Villarrobledo	$1203
162 km or 101 mi	Valladolid	$1207
177 km or 110 mi	Salamanca	$973
196 km or 122 mi	Puertollano	$932
208 km or 129 mi	Plasencia	$1127
211 km or 131 mi	Zamora	$1140
215 km or 133 mi	Burgos	$1109
223 km or 139 mi	Albacete	$983
242 km or 150 mi	Villanueva de la Serena	$1137
244 km or 151 mi	Requena	$1241
250 km or 156 mi	Logrono	$1142
251 km or 156 mi	Caceres	$902
253 km or 157 mi	Tudela	$1260
258 km or 160 mi	Linares	$1206
269 km or 167 mi	Ubeda	$1283
272 km or 169 mi	Zaragoza	$1327
281 km or 175 mi	Merida	$1096
283 km or 176 mi	Vitoria-Gasteiz	$1382
288 km or 179 mi	Leon	$987
295 km or 183 mi	Jaen	$963
296 km or 184 mi	Jumilla	$1191
297 km or 184 mi	Cordoba	$1056
298 km or 185 mi	Yecla	$1210
299 km or 186 mi	Braganca	$807
301 km or 187 mi	Martos	$1214
302 km or 187 mi	Caravaca de la Cruz	$1176
302 km or 188 mi	Valencia	$1437

Cities near Ulsan

Distance	City	Cost of living
34 km or 21 mi	Yangsan	$963
35 km or 21 mi	Gyeongju	$1326
52 km or 32 mi	Miryang	$973
53 km or 33 mi	Gimhae	$907
54 km or 33 mi	Pohang	$989
56 km or 35 mi	Busan	$1029
58 km or 36 mi	Yeongcheon	$1039
60 km or 38 mi	Gyeongsan	$1035
68 km or 42 mi	Changwon	$1073
74 km or 46 mi	Daegu	$1113
81 km or 50 mi	Masan	$1006
94 km or 58 mi	Sacheon	$953
102 km or 63 mi	Geoje	$882
113 km or 70 mi	Tongyeong	$910
114 km or 71 mi	Gumi	$1055
119 km or 74 mi	Jinju	$878
125 km or 78 mi	Andong	$865
125 km or 78 mi	Gimcheon	$1076
126 km or 78 mi	Tsushima Island	$895
142 km or 88 mi	Sangju	$1060
150 km or 93 mi	Tsushima	$896
153 km or 95 mi	Mungyeong	$999
154 km or 96 mi	Yeongju	$958
162 km or 100 mi	Gwangyang	$965
174 km or 108 mi	Yeosu	$984
176 km or 109 mi	Namwon	$960
179 km or 111 mi	Suncheon	$991
183 km or 114 mi	Taebaek	$1002
195 km or 121 mi	Daejeon	$924
198 km or 123 mi	Jeonju	$787
201 km or 125 mi	Chungju	$1009
202 km or 126 mi	Jecheon	$967
203 km or 126 mi	Gyeryong	$932
203 km or 126 mi	Iki	$903
204 km or 127 mi	Cheongju	$903
211 km or 131 mi	Sejong	$963
211 km or 131 mi	Samcheok	$1056
214 km or 133 mi	Nonsan	$945
215 km or 133 mi	Nagato	$845
218 km or 135 mi	Iksan	$923