Cost of Living Comparison Between Madrid and Taipei 
| Indices Difference |  |
|---|---|
| Consumer Prices in Taipei are 7.5% lower than in Madrid (without rent) | |
| Consumer Prices Including Rent in Taipei are 19.1% lower than in Madrid | |
| Rent Prices in Taipei are 39.9% lower than in Madrid | |
| Restaurant Prices in Taipei are 48.0% lower than in Madrid | |
| Groceries Prices in Taipei are 25.2% higher than in Madrid | |
| Local Purchasing Power in Taipei is 11.5% lower than in Madrid | |
Restaurants | Madrid Edit |
Taipei Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (486.82 NT$) |
5.75 € (200.00 NT$) |
-58.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,086.38 NT$) |
28.76 € (1,000.00 NT$) |
-52.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.53 € (331.21 NT$) |
4.60 € (160.00 NT$) |
-51.7 % |
| Domestic Beer (1 pint draught) |
3.50 € (121.71 NT$) |
2.30 € (80.00 NT$) |
-34.3 % |
| Imported Beer (12 oz small bottle) |
3.50 € (121.71 NT$) |
2.88 € (100.00 NT$) |
-17.8 % |
| Cappuccino (regular) |
2.39 € (82.95 NT$) |
3.25 € (112.98 NT$) |
+36.2 % |
| Coke/Pepsi (12 oz small bottle) |
2.44 € (84.78 NT$) |
0.95 € (33.05 NT$) |
-61.0 % |
| Water (12 oz small bottle) |
1.59 € (55.24 NT$) |
0.67 € (23.19 NT$) |
-58.0 % |
Markets | Madrid Edit |
Taipei Edit | |
| Milk (regular), (1 gallon) |
4.02 € (139.65 NT$) |
10.47 € (363.94 NT$) |
+160.6 % |
| Loaf of Fresh White Bread (1 lb) |
1.38 € (47.88 NT$) |
1.58 € (54.92 NT$) |
+14.7 % |
| Rice (white), (1 lb) |
0.66 € (22.97 NT$) |
1.27 € (44.17 NT$) |
+92.3 % |
| Eggs (regular) (12) |
2.77 € (96.49 NT$) |
2.62 € (91.16 NT$) |
-5.5 % |
| Local Cheese (1 lb) |
6.06 € (210.70 NT$) |
6.50 € (225.86 NT$) |
+7.2 % |
| Chicken Fillets (1 lb) |
3.46 € (120.35 NT$) |
3.81 € (132.57 NT$) |
+10.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.33 € (219.97 NT$) |
7.46 € (259.54 NT$) |
+18.0 % |
| Apples (1 lb) |
1.02 € (35.49 NT$) |
1.91 € (66.45 NT$) |
+87.2 % |
| Banana (1 lb) |
0.82 € (28.49 NT$) |
0.93 € (32.46 NT$) |
+13.9 % |
| Oranges (1 lb) |
0.80 € (27.88 NT$) |
1.09 € (37.90 NT$) |
+36.0 % |
| Tomato (1 lb) |
1.04 € (36.07 NT$) |
1.38 € (47.88 NT$) |
+32.7 % |
| Potato (1 lb) |
0.64 € (22.34 NT$) |
1.15 € (39.84 NT$) |
+78.3 % |
| Onion (1 lb) |
0.69 € (23.89 NT$) |
1.04 € (36.07 NT$) |
+51.0 % |
| Lettuce (1 head) |
1.20 € (41.60 NT$) |
1.54 € (53.61 NT$) |
+28.9 % |
| Water (1.5 liter bottle) |
0.87 € (30.36 NT$) |
1.11 € (38.58 NT$) |
+27.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (208.64 NT$) |
11.50 € (400.00 NT$) |
+91.7 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (42.35 NT$) |
1.42 € (49.41 NT$) |
+16.7 % |
| Imported Beer (12 oz small bottle) |
1.76 € (61.05 NT$) |
2.13 € (74.17 NT$) |
+21.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (196.47 NT$) |
3.59 € (125.00 NT$) |
-36.4 % |
Transportation | Madrid Edit |
Taipei Edit | |
| One-way Ticket (Local Transport) |
1.50 € (52.16 NT$) |
0.86 € (30.00 NT$) |
-42.5 % |
| Monthly Pass (Regular Price) |
40.00 € (1,390.92 NT$) |
34.51 € (1,200.00 NT$) |
-13.7 % |
| Taxi Start (Normal Tariff) |
3.00 € (104.32 NT$) |
2.44 € (85.00 NT$) |
-18.5 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (67.15 NT$) |
1.16 € (40.23 NT$) |
-40.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (765.00 NT$) |
8.63 € (300.00 NT$) |
-60.8 % |
| Gasoline (1 gallon) |
6.23 € (216.63 NT$) |
3.43 € (119.28 NT$) |
-44.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,160,199.48 NT$) |
29,016.81 € (1,009,000.00 NT$) |
-13.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (960,419.73 NT$) |
23,363.47 € (812,416.67 NT$) |
-15.4 % |
Utilities (Monthly) | Madrid Edit |
Taipei Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
142.24 € (4,946.05 NT$) |
87.05 € (3,026.83 NT$) |
-38.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.88 € (482.72 NT$) |
18.06 € (628.09 NT$) |
+30.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.76 € (1,034.72 NT$) |
23.65 € (822.21 NT$) |
-20.5 % |
Sports And Leisure | Madrid Edit |
Taipei Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.57 € (1,515.11 NT$) |
35.58 € (1,237.14 NT$) |
-18.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.91 € (344.77 NT$) |
9.74 € (338.57 NT$) |
-1.8 % |
| Cinema, International Release, 1 Seat |
10.00 € (347.73 NT$) |
8.63 € (300.00 NT$) |
-13.7 % |
Childcare | Madrid Edit |
Taipei Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
491.92 € (17,105.62 NT$) |
634.37 € (22,058.82 NT$) |
+29.0 % |
| International Primary School, Yearly for 1 Child |
8,661.90 € (301,199.98 NT$) |
16,369.10 € (569,201.82 NT$) |
+89.0 % |
Clothing And Shoes | Madrid Edit |
Taipei Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.75 € (2,390.64 NT$) |
57.52 € (2,000.00 NT$) |
-16.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
28.30 € (984.16 NT$) |
27.91 € (970.64 NT$) |
-1.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
76.31 € (2,653.41 NT$) |
82.59 € (2,872.00 NT$) |
+8.2 % |
| 1 Pair of Men Leather Business Shoes |
84.43 € (2,935.76 NT$) |
95.86 € (3,333.33 NT$) |
+13.5 % |
Rent Per Month | Madrid Edit |
Taipei Edit | |
| Apartment (1 bedroom) in City Centre |
1,258.75 € (43,770.45 NT$) |
609.97 € (21,210.53 NT$) |
-51.5 % |
| Apartment (1 bedroom) Outside of Centre |
905.83 € (31,498.50 NT$) |
459.23 € (15,968.75 NT$) |
-49.3 % |
| Apartment (3 bedrooms) in City Centre |
2,154.81 € (74,929.02 NT$) |
1,446.32 € (50,292.90 NT$) |
-32.9 % |
| Apartment (3 bedrooms) Outside of Centre |
1,554.35 € (54,049.26 NT$) |
1,013.17 € (35,230.77 NT$) |
-34.8 % |
Buy Apartment Price | Madrid Edit |
Taipei Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
421.98 € (14,673.46 NT$) |
1,080.41 € (37,569.15 NT$) |
+156.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
238.41 € (8,290.23 NT$) |
514.86 € (17,903.05 NT$) |
+116.0 % |
Salaries And Financing | Madrid Edit |
Taipei Edit | |
| Average Monthly Net Salary (After Tax) |
2,399.51 € (83,438.08 NT$) |
1,716.21 € (59,677.54 NT$) |
-28.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.53 | 1.85 | -26.9 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 530 | 272 |
Moving to Madrid? Explore:
Moving to Taipei? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |
Cities near Taipei: | Cost of Living in Guangzhou | 5.22 miles |
| Cost of Living in Keelung (Chi-Lung) | 12.98 miles |
| Cost of Living in New Taipei City | 19.05 miles |
| Cost of Living in Zhongli City (Jhongli) | 28.86 miles |
| Cost of Living in Yilan | 35.87 miles |
| Cost of Living in Zhubei City | 49.12 miles |
| Cost of Living in HsinChu | 51.94 miles |
| Cost of Living in Zhunan | 59.17 miles |
| Cost of Living in Miaoli | 70.17 miles |
| Cost of Living in Taichung | 100.49 miles |