Cost of Living Comparison Between Madrid and Daejeon 
| Indices Difference |  |
|---|---|
| Consumer Prices in Daejeon are 4.0% lower than in Madrid (without rent) | |
| Consumer Prices Including Rent in Daejeon are 25.7% lower than in Madrid | |
| Rent Prices in Daejeon are 65.5% lower than in Madrid | |
| Restaurant Prices in Daejeon are 49.0% lower than in Madrid | |
| Groceries Prices in Daejeon are 33.4% higher than in Madrid | |
| Local Purchasing Power in Daejeon is 16.0% higher than in Madrid | |
Restaurants | Madrid Edit |
Daejeon Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (20,602.91 ₩) |
5.78 € (8,500.00 ₩) |
-58.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (88,298.20 ₩) |
23.78 € (35,000.00 ₩) |
-60.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.53 € (14,017.34 ₩) |
5.44 € (8,000.00 ₩) |
-42.9 % |
| Domestic Beer (1 pint draught) |
3.50 € (5,150.73 ₩) |
2.55 € (3,750.00 ₩) |
-27.2 % |
| Imported Beer (12 oz small bottle) |
4.00 € (5,886.55 ₩) |
4.42 € (6,500.00 ₩) |
+10.4 % |
| Cappuccino (regular) |
2.39 € (3,518.58 ₩) |
3.06 € (4,500.00 ₩) |
+27.9 % |
| Coke/Pepsi (12 oz small bottle) |
2.49 € (3,657.79 ₩) |
1.21 € (1,775.00 ₩) |
-51.5 % |
| Water (12 oz small bottle) |
1.64 € (2,420.46 ₩) |
0.77 € (1,133.33 ₩) |
-53.2 % |
Markets | Madrid Edit |
Daejeon Edit | |
| Milk (regular), (1 gallon) |
4.00 € (5,891.41 ₩) |
6.45 € (9,495.08 ₩) |
+61.2 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 € (2,060.25 ₩) |
2.08 € (3,061.75 ₩) |
+48.6 % |
| Rice (white), (1 lb) |
0.67 € (985.55 ₩) |
0.97 € (1,421.26 ₩) |
+44.2 % |
| Eggs (regular) (12) |
2.79 € (4,106.96 ₩) |
2.80 € (4,120.00 ₩) |
+0.3 % |
| Local Cheese (1 lb) |
6.32 € (9,298.34 ₩) |
4.85 € (7,144.09 ₩) |
-23.2 % |
| Chicken Fillets (1 lb) |
3.52 € (5,177.09 ₩) |
2.77 € (4,082.34 ₩) |
-21.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.45 € (9,490.59 ₩) |
7.40 € (10,886.23 ₩) |
+14.7 % |
| Apples (1 lb) |
1.03 € (1,522.22 ₩) |
2.90 € (4,263.77 ₩) |
+180.1 % |
| Banana (1 lb) |
0.82 € (1,203.93 ₩) |
1.25 € (1,837.05 ₩) |
+52.6 % |
| Oranges (1 lb) |
0.87 € (1,273.06 ₩) |
2.36 € (3,477.55 ₩) |
+173.2 % |
| Tomato (1 lb) |
1.02 € (1,507.54 ₩) |
1.90 € (2,794.13 ₩) |
+85.3 % |
| Potato (1 lb) |
0.66 € (971.10 ₩) |
1.64 € (2,419.16 ₩) |
+149.1 % |
| Onion (1 lb) |
0.69 € (1,012.09 ₩) |
1.07 € (1,572.46 ₩) |
+55.4 % |
| Lettuce (1 head) |
1.21 € (1,777.28 ₩) |
1.81 € (2,666.67 ₩) |
+50.0 % |
| Water (1.5 liter bottle) |
0.89 € (1,305.79 ₩) |
0.88 € (1,300.00 ₩) |
-0.4 % |
| Bottle of Wine (Mid-Range) |
6.00 € (8,829.82 ₩) |
10.19 € (15,000.00 ₩) |
+69.9 % |
| Domestic Beer (0.5 liter bottle) |
1.21 € (1,781.71 ₩) |
1.51 € (2,216.67 ₩) |
+24.4 % |
| Imported Beer (12 oz small bottle) |
1.83 € (2,691.26 ₩) |
2.65 € (3,900.00 ₩) |
+44.9 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (8,277.96 ₩) |
3.06 € (4,500.00 ₩) |
-45.6 % |
Transportation | Madrid Edit |
Daejeon Edit | |
| One-way Ticket (Local Transport) |
1.50 € (2,207.45 ₩) |
0.85 € (1,250.00 ₩) |
-43.4 % |
| Monthly Pass (Regular Price) |
51.00 € (75,053.47 ₩) |
23.78 € (35,000.00 ₩) |
-53.4 % |
| Taxi Start (Normal Tariff) |
3.00 € (4,414.91 ₩) |
2.24 € (3,300.00 ₩) |
-25.3 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (3,078.88 ₩) |
1.09 € (1,609.34 ₩) |
-47.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (32,376.01 ₩) |
8.15 € (12,000.00 ₩) |
-62.9 % |
| Gasoline (1 gallon) |
6.25 € (9,204.45 ₩) |
4.16 € (6,115.07 ₩) |
-33.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (49,101,157.04 ₩) |
25,638.80 € (37,731,000.00 ₩) |
-23.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (40,646,217.18 ₩) |
14,596.32 € (21,480,482.50 ₩) |
-47.2 % |
Utilities (Monthly) | Madrid Edit |
Daejeon Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
147.64 € (217,273.40 ₩) |
106.57 € (156,833.33 ₩) |
-27.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.34 € (22,567.98 ₩) |
41.96 € (61,750.00 ₩) |
+173.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.46 € (44,821.43 ₩) |
15.29 € (22,500.00 ₩) |
-49.8 % |
Sports And Leisure | Madrid Edit |
Daejeon Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.29 € (65,172.48 ₩) |
28.95 € (42,600.00 ₩) |
-34.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.28 € (18,077.72 ₩) |
16.99 € (25,000.00 ₩) |
+38.3 % |
| Cinema, International Release, 1 Seat |
10.00 € (14,716.37 ₩) |
8.83 € (13,000.00 ₩) |
-11.7 % |
Childcare | Madrid Edit |
Daejeon Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
501.60 € (738,172.95 ₩) |
262.75 € (386,666.67 ₩) |
-47.6 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (13,560,080.62 ₩) |
32,276.99 € (47,500,000.00 ₩) |
+250.3 % |
Clothing And Shoes | Madrid Edit |
Daejeon Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
76.26 € (112,231.66 ₩) |
36.35 € (53,500.00 ₩) |
-52.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
30.85 € (45,403.89 ₩) |
34.88 € (51,333.33 ₩) |
+13.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.18 € (118,000.13 ₩) |
62.06 € (91,333.33 ₩) |
-22.6 % |
| 1 Pair of Men Leather Business Shoes |
91.17 € (134,164.21 ₩) |
84.94 € (125,000.00 ₩) |
-6.8 % |
Rent Per Month | Madrid Edit |
Daejeon Edit | |
| Apartment (1 bedroom) in City Centre |
1,253.73 € (1,845,028.39 ₩) |
331.83 € (488,333.33 ₩) |
-73.5 % |
| Apartment (1 bedroom) Outside of Centre |
910.62 € (1,340,109.13 ₩) |
276.90 € (407,500.00 ₩) |
-69.6 % |
| Apartment (3 bedrooms) in City Centre |
2,151.96 € (3,166,904.37 ₩) |
838.07 € (1,233,333.33 ₩) |
-61.1 % |
| Apartment (3 bedrooms) Outside of Centre |
1,556.38 € (2,290,430.24 ₩) |
577.59 € (850,000.00 ₩) |
-62.9 % |
Buy Apartment Price | Madrid Edit |
Daejeon Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
425.85 € (626,698.58 ₩) |
473.46 € (696,767.00 ₩) |
+11.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
244.96 € (360,485.98 ₩) |
378.77 € (557,413.60 ₩) |
+54.6 % |
Salaries And Financing | Madrid Edit |
Daejeon Edit | |
| Average Monthly Net Salary (After Tax) |
2,384.70 € (3,509,409.50 ₩) |
2,055.53 € (3,025,000.00 ₩) |
-13.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.68 | 3.77 | +40.5 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 524 | 17 |
Moving to Madrid? Explore:
Moving to Daejeon? 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 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 |