Cost of Living Comparison Between Madrid and Daejeon 
| Indices Difference |  |
|---|---|
| Cost of Living in Daejeon is 7.5% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Daejeon is 29.6% lower than in Madrid | |
| Rent Prices in Daejeon are 68.3% lower than in Madrid | |
| Restaurant Prices in Daejeon are 51.3% lower than in Madrid | |
| Groceries Prices in Daejeon are 30.2% higher than in Madrid | |
| Local Purchasing Power in Daejeon is 35.3% higher than in Madrid | |
Restaurants | Madrid Edit |
Daejeon Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (22,370.93 ₩) |
5.70 € (8,500.00 ₩) |
-62.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (89,483.71 ₩) |
23.47 € (35,000.00 ₩) |
-60.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (14,913.95 ₩) |
5.36 € (8,000.00 ₩) |
-46.4 % |
| Domestic Beer (1 pint draught) |
3.50 € (5,219.88 ₩) |
2.51 € (3,750.00 ₩) |
-28.2 % |
| Imported Beer (12 oz small bottle) |
4.00 € (5,965.58 ₩) |
4.36 € (6,500.00 ₩) |
+9.0 % |
| Cappuccino (regular) |
2.44 € (3,632.46 ₩) |
3.02 € (4,500.00 ₩) |
+23.9 % |
| Coke/Pepsi (12 oz small bottle) |
2.60 € (3,871.41 ₩) |
1.19 € (1,775.00 ₩) |
-54.2 % |
| Water (12 oz small bottle) |
1.70 € (2,539.40 ₩) |
0.76 € (1,133.33 ₩) |
-55.4 % |
Markets | Madrid Edit |
Daejeon Edit | |
| Milk (regular), (1 gallon) |
4.02 € (5,993.47 ₩) |
6.37 € (9,495.08 ₩) |
+58.4 % |
| Loaf of Fresh White Bread (1 lb) |
1.41 € (2,108.63 ₩) |
2.05 € (3,061.75 ₩) |
+45.2 % |
| Rice (white), (1 lb) |
0.66 € (986.04 ₩) |
0.95 € (1,421.26 ₩) |
+44.1 % |
| Eggs (regular) (12) |
2.77 € (4,124.60 ₩) |
2.76 € (4,120.00 ₩) |
-0.1 % |
| Local Cheese (1 lb) |
6.41 € (9,553.06 ₩) |
4.79 € (7,144.09 ₩) |
-25.2 % |
| Chicken Fillets (1 lb) |
3.63 € (5,415.27 ₩) |
2.74 € (4,082.34 ₩) |
-24.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.39 € (9,528.17 ₩) |
7.30 € (10,886.23 ₩) |
+14.3 % |
| Apples (1 lb) |
1.07 € (1,591.10 ₩) |
2.86 € (4,263.77 ₩) |
+168.0 % |
| Banana (1 lb) |
0.83 € (1,244.03 ₩) |
1.23 € (1,837.05 ₩) |
+47.7 % |
| Oranges (1 lb) |
0.91 € (1,356.49 ₩) |
2.33 € (3,477.55 ₩) |
+156.4 % |
| Tomato (1 lb) |
1.03 € (1,540.83 ₩) |
1.87 € (2,794.13 ₩) |
+81.3 % |
| Potato (1 lb) |
0.70 € (1,047.51 ₩) |
1.62 € (2,419.16 ₩) |
+130.9 % |
| Onion (1 lb) |
0.70 € (1,045.79 ₩) |
1.05 € (1,572.46 ₩) |
+50.4 % |
| Lettuce (1 head) |
1.19 € (1,781.68 ₩) |
1.79 € (2,666.67 ₩) |
+49.7 % |
| Water (1.5 liter bottle) |
0.85 € (1,271.70 ₩) |
0.87 € (1,300.00 ₩) |
+2.2 % |
| Bottle of Wine (Mid-Range) |
6.00 € (8,948.37 ₩) |
10.06 € (15,000.00 ₩) |
+67.6 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (1,815.74 ₩) |
1.49 € (2,216.67 ₩) |
+22.1 % |
| Imported Beer (12 oz small bottle) |
1.84 € (2,737.61 ₩) |
2.62 € (3,900.00 ₩) |
+42.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.65 € (8,426.38 ₩) |
3.02 € (4,500.00 ₩) |
-46.6 % |
Transportation | Madrid Edit |
Daejeon Edit | |
| One-way Ticket (Local Transport) |
1.50 € (2,237.09 ₩) |
0.84 € (1,250.00 ₩) |
-44.1 % |
| Monthly Pass (Regular Price) |
51.00 € (76,061.16 ₩) |
23.47 € (35,000.00 ₩) |
-54.0 % |
| Taxi Start (Normal Tariff) |
3.12 € (4,660.61 ₩) |
2.21 € (3,300.00 ₩) |
-29.2 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (3,120.22 ₩) |
1.08 € (1,609.34 ₩) |
-48.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.75 € (35,420.64 ₩) |
8.05 € (12,000.00 ₩) |
-66.1 % |
| Gasoline (1 gallon) |
6.31 € (9,415.01 ₩) |
4.10 € (6,115.07 ₩) |
-35.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (49,760,400.92 ₩) |
25,299.13 € (37,731,000.00 ₩) |
-24.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,882.89 € (41,584,415.43 ₩) |
14,402.94 € (21,480,482.50 ₩) |
-48.3 % |
Utilities (Monthly) | Madrid Edit |
Daejeon Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
152.60 € (227,591.67 ₩) |
105.16 € (156,833.33 ₩) |
-31.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.57 € (23,218.89 ₩) |
41.40 € (61,750.00 ₩) |
+165.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.89 € (47,553.78 ₩) |
15.09 € (22,500.00 ₩) |
-52.7 % |
Sports And Leisure | Madrid Edit |
Daejeon Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.44 € (67,771.77 ₩) |
28.56 € (42,600.00 ₩) |
-37.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.54 € (20,197.75 ₩) |
16.76 € (25,000.00 ₩) |
+23.8 % |
| Cinema, International Release, 1 Seat |
10.50 € (15,659.65 ₩) |
8.72 € (13,000.00 ₩) |
-17.0 % |
Childcare | Madrid Edit |
Daejeon Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (755,640.24 ₩) |
259.27 € (386,666.67 ₩) |
-48.8 % |
| International Primary School, Yearly for 1 Child |
9,175.00 € (13,683,550.98 ₩) |
31,849.37 € (47,500,000.00 ₩) |
+247.1 % |
Clothing And Shoes | Madrid Edit |
Daejeon Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
89.62 € (133,659.87 ₩) |
35.87 € (53,500.00 ₩) |
-60.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.59 € (53,081.52 ₩) |
34.42 € (51,333.33 ₩) |
-3.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
87.94 € (131,152.39 ₩) |
61.24 € (91,333.33 ₩) |
-30.4 % |
| 1 Pair of Men Leather Business Shoes |
103.60 € (154,508.54 ₩) |
83.81 € (125,000.00 ₩) |
-19.1 % |
Rent Per Month | Madrid Edit |
Daejeon Edit | |
| Apartment (1 bedroom) in City Centre |
1,345.65 € (2,006,899.20 ₩) |
327.43 € (488,333.33 ₩) |
-75.7 % |
| Apartment (1 bedroom) Outside of Centre |
960.48 € (1,432,449.58 ₩) |
273.23 € (407,500.00 ₩) |
-71.6 % |
| Apartment (3 bedrooms) in City Centre |
2,330.00 € (3,474,950.82 ₩) |
826.97 € (1,233,333.33 ₩) |
-64.5 % |
| Apartment (3 bedrooms) Outside of Centre |
1,668.75 € (2,488,765.74 ₩) |
569.94 € (850,000.00 ₩) |
-65.8 % |
Buy Apartment Price | Madrid Edit |
Daejeon Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
508.45 € (758,306.01 ₩) |
467.19 € (696,767.00 ₩) |
-8.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
306.97 € (457,810.11 ₩) |
373.75 € (557,413.60 ₩) |
+21.8 % |
Salaries And Financing | Madrid Edit |
Daejeon Edit | |
| Average Monthly Net Salary (After Tax) |
2,130.89 € (3,177,992.10 ₩) |
2,028.30 € (3,025,000.00 ₩) |
-4.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.36 | 3.77 | +12.1 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 476 | 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 |