Cost of Living Comparison Between Madrid and Singapore 

Indices DifferenceInfo
Consumer Prices in Singapore are 53.6% higher than in Madrid (without rent)
Consumer Prices Including Rent in Singapore are 76.8% higher than in Madrid
Rent Prices in Singapore are 118.5% higher than in Madrid
Restaurant Prices in Singapore are 0.3% higher than in Madrid
Groceries Prices in Singapore are 54.2% higher than in Madrid
Local Purchasing Power in Singapore is 6.0% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Singapore Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(20.39 S$)
10.30 €
(15.00 S$)
     -26.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(87.39 S$)
65.22 €
(95.00 S$)
     +8.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(13.11 S$)
6.87 €
(10.00 S$)
     -23.7 %
Domestic Beer (1 pint draught) 3.50 €
(5.10 S$)
6.87 €
(10.00 S$)
     +96.2 %
Imported Beer (12 oz small bottle) 3.50 €
(5.10 S$)
6.87 €
(10.00 S$)
     +96.2 %
Cappuccino (regular) 2.35 €
(3.43 S$)
4.44 €
(6.46 S$)
     +88.5 %
Coke/Pepsi (12 oz small bottle) 2.41 €
(3.51 S$)
1.40 €
(2.03 S$)
     -42.0 %
Water (12 oz small bottle) 1.59 €
(2.31 S$)
1.05 €
(1.53 S$)
     -33.9 %
Markets
Madrid Edit Singapore Edit
Milk (regular), (1 gallon) 4.00 €
(5.83 S$)
10.01 €
(14.59 S$)
     +150.1 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(2.01 S$)
1.73 €
(2.52 S$)
     +25.6 %
Rice (white), (1 lb) 0.67 €
(0.97 S$)
1.14 €
(1.65 S$)
     +70.4 %
Eggs (regular) (12) 2.76 €
(4.02 S$)
3.11 €
(4.53 S$)
     +12.9 %
Local Cheese (1 lb) 6.03 €
(8.79 S$)
7.67 €
(11.16 S$)
     +27.1 %
Chicken Fillets (1 lb) 3.45 €
(5.02 S$)
4.30 €
(6.27 S$)
     +24.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.24 €
(9.09 S$)
8.39 €
(12.22 S$)
     +34.3 %
Apples (1 lb) 1.01 €
(1.47 S$)
1.76 €
(2.56 S$)
     +73.9 %
Banana (1 lb) 0.80 €
(1.17 S$)
1.33 €
(1.94 S$)
     +66.4 %
Oranges (1 lb) 0.78 €
(1.14 S$)
1.62 €
(2.36 S$)
     +107.4 %
Tomato (1 lb) 1.01 €
(1.48 S$)
1.19 €
(1.73 S$)
     +16.9 %
Potato (1 lb) 0.64 €
(0.93 S$)
0.97 €
(1.42 S$)
     +53.0 %
Onion (1 lb) 0.67 €
(0.97 S$)
0.95 €
(1.38 S$)
     +42.3 %
Lettuce (1 head) 1.18 €
(1.71 S$)
1.56 €
(2.27 S$)
     +32.7 %
Water (1.5 liter bottle) 0.85 €
(1.24 S$)
1.23 €
(1.79 S$)
     +44.9 %
Bottle of Wine (Mid-Range) 6.00 €
(8.74 S$)
20.60 €
(30.00 S$)
     +243.3 %
Domestic Beer (0.5 liter bottle) 1.19 €
(1.73 S$)
3.81 €
(5.55 S$)
     +221.2 %
Imported Beer (12 oz small bottle) 1.76 €
(2.57 S$)
4.26 €
(6.20 S$)
     +141.9 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(8.19 S$)
11.33 €
(16.50 S$)
     +101.4 %
Transportation
Madrid Edit Singapore Edit
One-way Ticket (Local Transport) 1.50 €
(2.18 S$)
1.37 €
(2.00 S$)
     -8.5 %
Monthly Pass (Regular Price) 40.00 €
(58.26 S$)
87.88 €
(128.00 S$)
     +119.7 %
Taxi Start (Normal Tariff) 3.00 €
(4.37 S$)
3.02 €
(4.40 S$)
     +0.7 %
Taxi 1 mile (Normal Tariff) 1.93 €
(2.81 S$)
1.10 €
(1.61 S$)
     -42.8 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(32.04 S$)
13.73 €
(20.00 S$)
     -37.6 %
Gasoline (1 gallon) 6.23 €
(9.07 S$)
7.38 €
(10.75 S$)
     +18.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(48,597.10 S$)
123,581.45 €
(180,000.00 S$)
     +270.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(40,228.95 S$)
108,972.75 €
(158,722.00 S$)
     +294.5 %
Utilities (Monthly)
Madrid Edit Singapore Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 140.50 €
(204.64 S$)
139.14 €
(202.67 S$)
     -1.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.79 €
(20.09 S$)
16.40 €
(23.88 S$)
     +18.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.87 €
(43.51 S$)
32.84 €
(47.83 S$)
     +9.9 %
Sports And Leisure
Madrid Edit Singapore Edit
Fitness Club, Monthly Fee for 1 Adult 43.72 €
(63.68 S$)
95.49 €
(139.08 S$)
     +118.4 %
Tennis Court Rent (1 Hour on Weekend) 10.24 €
(14.92 S$)
11.68 €
(17.01 S$)
     +14.1 %
Cinema, International Release, 1 Seat 10.00 €
(14.57 S$)
10.30 €
(15.00 S$)
     +3.0 %
Childcare
Madrid Edit Singapore Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 492.60 €
(717.49 S$)
1,024.68 €
(1,492.48 S$)
     +108.0 %
International Primary School, Yearly for 1 Child 8,650.00 €
(12,598.98 S$)
25,727.21 €
(37,472.44 S$)
     +197.4 %
Clothing And Shoes
Madrid Edit Singapore Edit
1 Pair of Jeans (Levis 501 Or Similar) 69.01 €
(100.52 S$)
62.57 €
(91.13 S$)
     -9.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.70 €
(40.35 S$)
40.39 €
(58.83 S$)
     +45.8 %
1 Pair of Nike Running Shoes (Mid-Range) 76.25 €
(111.06 S$)
86.11 €
(125.41 S$)
     +12.9 %
1 Pair of Men Leather Business Shoes 82.44 €
(120.08 S$)
97.44 €
(141.92 S$)
     +18.2 %
Rent Per Month
Madrid Edit Singapore Edit
Apartment (1 bedroom) in City Centre 1,240.47 €
(1,806.78 S$)
2,535.39 €
(3,692.87 S$)
     +104.4 %
Apartment (1 bedroom) Outside of Centre 897.60 €
(1,307.38 S$)
1,861.49 €
(2,711.32 S$)
     +107.4 %
Apartment (3 bedrooms) in City Centre 2,137.50 €
(3,113.33 S$)
4,846.86 €
(7,059.60 S$)
     +126.8 %
Apartment (3 bedrooms) Outside of Centre 1,531.91 €
(2,231.28 S$)
3,447.36 €
(5,021.19 S$)
     +125.0 %
Buy Apartment Price
Madrid Edit Singapore Edit
Price per Square Feet to Buy Apartment in City Centre 411.40 €
(599.21 S$)
1,717.36 €
(2,501.39 S$)
     +317.4 %
Price per Square Feet to Buy Apartment Outside of Centre 237.06 €
(345.28 S$)
1,136.04 €
(1,654.68 S$)
     +379.2 %
Salaries And Financing
Madrid Edit Singapore Edit
Average Monthly Net Salary (After Tax) 2,460.23 €
(3,583.40 S$)
4,090.86 €
(5,958.46 S$)
     +66.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.49 3.50      +40.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:536655