Cost of Living Comparison Between Daejeon and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 9.3% higher than in Daejeon (without rent) | |
| Cost of Living Including Rent in Madrid is 43.5% higher than in Daejeon | |
| Rent Prices in Madrid are 218.1% higher than in Daejeon | |
| Restaurant Prices in Madrid are 106.9% higher than in Daejeon | |
| Groceries Prices in Madrid are 21.9% lower than in Daejeon | |
| Local Purchasing Power in Madrid is 25.9% lower than in Daejeon | |
Restaurants | Daejeon Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
8,500.00 ₩ (5.66 €) |
22,525.36 ₩ (15.00 €) |
+165.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
35,000.00 ₩ (23.31 €) |
90,101.43 ₩ (60.00 €) |
+157.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
8,000.00 ₩ (5.33 €) |
15,016.91 ₩ (10.00 €) |
+87.7 % |
| Domestic Beer (1 pint draught) |
3,750.00 ₩ (2.50 €) |
5,255.92 ₩ (3.50 €) |
+40.2 % |
| Imported Beer (12 oz small bottle) |
6,500.00 ₩ (4.33 €) |
6,006.76 ₩ (4.00 €) |
-7.6 % |
| Cappuccino (regular) |
4,500.00 ₩ (3.00 €) |
3,657.53 ₩ (2.44 €) |
-18.7 % |
| Coke/Pepsi (12 oz small bottle) |
1,775.00 ₩ (1.18 €) |
3,898.14 ₩ (2.60 €) |
+119.6 % |
| Water (12 oz small bottle) |
1,133.33 ₩ (0.75 €) |
2,556.93 ₩ (1.70 €) |
+125.6 % |
Markets | Daejeon Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
9,495.08 ₩ (6.32 €) |
6,055.37 ₩ (4.03 €) |
-36.2 % |
| Loaf of Fresh White Bread (1 lb) |
3,061.75 ₩ (2.04 €) |
2,178.65 ₩ (1.45 €) |
-28.8 % |
| Rice (white), (1 lb) |
1,421.26 ₩ (0.95 €) |
998.42 ₩ (0.66 €) |
-29.8 % |
| Eggs (regular) (12) |
4,120.00 ₩ (2.74 €) |
4,234.22 ₩ (2.82 €) |
+2.8 % |
| Local Cheese (1 lb) |
7,144.09 ₩ (4.76 €) |
9,709.77 ₩ (6.47 €) |
+35.9 % |
| Chicken Fillets (1 lb) |
4,082.34 ₩ (2.72 €) |
5,498.52 ₩ (3.66 €) |
+34.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
10,886.23 ₩ (7.25 €) |
9,732.87 ₩ (6.48 €) |
-10.6 % |
| Apples (1 lb) |
4,263.77 ₩ (2.84 €) |
1,589.36 ₩ (1.06 €) |
-62.7 % |
| Banana (1 lb) |
1,837.05 ₩ (1.22 €) |
1,254.64 ₩ (0.84 €) |
-31.7 % |
| Oranges (1 lb) |
3,477.55 ₩ (2.32 €) |
1,372.53 ₩ (0.91 €) |
-60.5 % |
| Tomato (1 lb) |
2,794.13 ₩ (1.86 €) |
1,561.75 ₩ (1.04 €) |
-44.1 % |
| Potato (1 lb) |
2,419.16 ₩ (1.61 €) |
1,034.27 ₩ (0.69 €) |
-57.2 % |
| Onion (1 lb) |
1,572.46 ₩ (1.05 €) |
1,047.68 ₩ (0.70 €) |
-33.4 % |
| Lettuce (1 head) |
2,666.67 ₩ (1.78 €) |
1,810.69 ₩ (1.21 €) |
-32.1 % |
| Water (1.5 liter bottle) |
1,300.00 ₩ (0.87 €) |
1,318.36 ₩ (0.88 €) |
+1.4 % |
| Bottle of Wine (Mid-Range) |
15,000.00 ₩ (9.99 €) |
9,760.99 ₩ (6.50 €) |
-34.9 % |
| Domestic Beer (0.5 liter bottle) |
2,216.67 ₩ (1.48 €) |
1,851.27 ₩ (1.23 €) |
-16.5 % |
| Imported Beer (12 oz small bottle) |
3,900.00 ₩ (2.60 €) |
2,902.64 ₩ (1.93 €) |
-25.6 % |
| Cigarettes 20 Pack (Marlboro) |
4,500.00 ₩ (3.00 €) |
8,447.01 ₩ (5.62 €) |
+87.7 % |
Transportation | Daejeon Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
1,250.00 ₩ (0.83 €) |
2,252.54 ₩ (1.50 €) |
+80.2 % |
| Monthly Pass (Regular Price) |
35,000.00 ₩ (23.31 €) |
78,087.91 ₩ (52.00 €) |
+123.1 % |
| Taxi Start (Normal Tariff) |
3,300.00 ₩ (2.20 €) |
4,692.78 ₩ (3.12 €) |
+42.2 % |
| Taxi 1 mile (Normal Tariff) |
1,609.34 ₩ (1.07 €) |
3,141.76 ₩ (2.09 €) |
+95.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
12,000.00 ₩ (7.99 €) |
35,665.15 ₩ (23.75 €) |
+197.2 % |
| Gasoline (1 gallon) |
6,115.07 ₩ (4.07 €) |
9,470.96 ₩ (6.31 €) |
+54.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37,731,000.00 ₩ (25,125.68 €) |
50,103,903.98 ₩ (33,365.00 €) |
+32.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
21,480,482.50 ₩ (14,304.20 €) |
41,476,296.80 ₩ (27,619.74 €) |
+93.1 % |
Utilities (Monthly) | Daejeon Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
156,833.33 ₩ (104.44 €) |
229,162.77 ₩ (152.60 €) |
+46.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
61,750.00 ₩ (41.12 €) |
23,625.13 ₩ (15.73 €) |
-61.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
22,500.00 ₩ (14.98 €) |
46,895.22 ₩ (31.23 €) |
+108.4 % |
Sports And Leisure | Daejeon Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
42,600.00 ₩ (28.37 €) |
68,791.73 ₩ (45.81 €) |
+61.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
25,000.00 ₩ (16.65 €) |
20,648.24 ₩ (13.75 €) |
-17.4 % |
| Cinema, International Release, 1 Seat |
13,000.00 ₩ (8.66 €) |
15,016.91 ₩ (10.00 €) |
+15.5 % |
Childcare | Daejeon Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
386,666.67 ₩ (257.49 €) |
760,856.53 ₩ (506.67 €) |
+96.8 % |
| International Primary School, Yearly for 1 Child |
47,500,000.00 ₩ (31,631.02 €) |
13,778,010.46 ₩ (9,175.00 €) |
-71.0 % |
Clothing And Shoes | Daejeon Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
53,500.00 ₩ (35.63 €) |
134,582.54 ₩ (89.62 €) |
+151.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
51,333.33 ₩ (34.18 €) |
53,828.67 ₩ (35.85 €) |
+4.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
91,333.33 ₩ (60.82 €) |
132,664.97 ₩ (88.34 €) |
+45.3 % |
| 1 Pair of Men Leather Business Shoes |
125,000.00 ₩ (83.24 €) |
157,051.80 ₩ (104.58 €) |
+25.6 % |
Rent Per Month | Daejeon Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
488,333.33 ₩ (325.19 €) |
2,008,074.52 ₩ (1,337.21 €) |
+311.2 % |
| Apartment (1 bedroom) Outside of Centre |
407,500.00 ₩ (271.36 €) |
1,443,993.98 ₩ (961.58 €) |
+254.4 % |
| Apartment (3 bedrooms) in City Centre |
1,233,333.33 ₩ (821.30 €) |
3,485,318.91 ₩ (2,320.93 €) |
+182.6 % |
| Apartment (3 bedrooms) Outside of Centre |
850,000.00 ₩ (566.03 €) |
2,539,042.51 ₩ (1,690.79 €) |
+198.7 % |
Buy Apartment Price | Daejeon Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
696,767.00 ₩ (463.99 €) |
765,865.88 ₩ (510.00 €) |
+9.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
557,413.60 ₩ (371.19 €) |
460,028.50 ₩ (306.34 €) |
-17.5 % |
Salaries And Financing | Daejeon Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
3,025,000.00 ₩ (2,014.40 €) |
3,213,834.77 ₩ (2,140.14 €) |
+6.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.77 | 3.36 | -10.8 % |
| Last update: | June 2024 | May 2024 | |
| Contributors in the past 12 months: | 17 | 469 |
Moving to Daejeon? Explore:
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Cities near Daejeon: | Cost of Living in Gongju | 20.48 miles |
| Cost of Living in Cheongju | 24.28 miles |
| Cost of Living in Gimcheon | 52.03 miles |
| Cost of Living in Pyeongtaek | 59.88 miles |
| Cost of Living in Boryeong | 66.96 miles |
| Cost of Living in Jeonju | 68.02 miles |
| Cost of Living in Gumi | 69.03 miles |
| Cost of Living in Icheon | 75.78 miles |
| Cost of Living in Suwon | 78.55 miles |
| Cost of Living in Suji-gu | 82.17 miles |
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
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| 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 |