Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Cost of Living in Prague is 6.4% lower than in Madrid (without rent)
Cost of Living Including Rent in Prague is 12.6% lower than in Madrid
Rent Prices in Prague are 23.4% lower than in Madrid
Restaurant Prices in Prague are 26.7% lower than in Madrid
Groceries Prices in Prague are 9.2% lower than in Madrid
Local Purchasing Power in Prague is 8.4% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(369.87 Kč)
8.92 €
(220.00 Kč)
     -40.5 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,479.49 Kč)
48.67 €
(1,200.00 Kč)
     -18.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(246.58 Kč)
8.09 €
(199.50 Kč)
     -19.1 %
Domestic Beer (1 pint draught) 3.50 €
(86.30 Kč)
2.39 €
(59.00 Kč)
     -31.6 %
Imported Beer (12 oz small bottle) 4.00 €
(98.63 Kč)
2.43 €
(60.00 Kč)
     -39.2 %
Cappuccino (regular) 2.46 €
(60.56 Kč)
2.92 €
(71.89 Kč)
     +18.7 %
Coke/Pepsi (12 oz small bottle) 2.60 €
(64.01 Kč)
1.55 €
(38.33 Kč)
     -40.1 %
Water (12 oz small bottle) 1.70 €
(41.99 Kč)
1.39 €
(34.23 Kč)
     -18.5 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.03 €
(99.43 Kč)
3.69 €
(90.91 Kč)
     -8.6 %
Loaf of Fresh White Bread (1 lb) 1.43 €
(35.28 Kč)
1.31 €
(32.23 Kč)
     -8.6 %
Rice (white), (1 lb) 0.68 €
(16.67 Kč)
0.99 €
(24.45 Kč)
     +46.7 %
Eggs (regular) (12) 2.81 €
(69.38 Kč)
2.41 €
(59.48 Kč)
     -14.3 %
Local Cheese (1 lb) 6.51 €
(160.55 Kč)
5.23 €
(128.92 Kč)
     -19.7 %
Chicken Fillets (1 lb) 3.60 €
(88.84 Kč)
3.83 €
(94.39 Kč)
     +6.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.48 €
(159.78 Kč)
5.32 €
(131.08 Kč)
     -18.0 %
Apples (1 lb) 1.07 €
(26.46 Kč)
0.71 €
(17.42 Kč)
     -34.2 %
Banana (1 lb) 0.84 €
(20.74 Kč)
0.69 €
(17.13 Kč)
     -17.4 %
Oranges (1 lb) 0.91 €
(22.54 Kč)
0.89 €
(21.86 Kč)
     -3.0 %
Tomato (1 lb) 1.03 €
(25.46 Kč)
1.33 €
(32.82 Kč)
     +28.9 %
Potato (1 lb) 0.69 €
(16.98 Kč)
0.53 €
(13.14 Kč)
     -22.7 %
Onion (1 lb) 0.70 €
(17.20 Kč)
0.55 €
(13.63 Kč)
     -20.8 %
Lettuce (1 head) 1.21 €
(29.73 Kč)
1.29 €
(31.93 Kč)
     +7.4 %
Water (1.5 liter bottle) 0.89 €
(22.07 Kč)
0.66 €
(16.36 Kč)
     -25.9 %
Bottle of Wine (Mid-Range) 6.00 €
(147.95 Kč)
6.08 €
(150.00 Kč)
     +1.4 %
Domestic Beer (0.5 liter bottle) 1.23 €
(30.40 Kč)
0.93 €
(22.89 Kč)
     -24.7 %
Imported Beer (12 oz small bottle) 1.93 €
(47.66 Kč)
1.68 €
(41.48 Kč)
     -13.0 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(138.70 Kč)
6.08 €
(150.00 Kč)
     +8.1 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(36.99 Kč)
1.22 €
(30.00 Kč)
     -18.9 %
Monthly Pass (Regular Price) 52.00 €
(1,282.22 Kč)
22.31 €
(550.00 Kč)
     -57.1 %
Taxi Start (Normal Tariff) 3.12 €
(77.06 Kč)
2.03 €
(50.00 Kč)
     -35.1 %
Taxi 1 mile (Normal Tariff) 2.09 €
(51.59 Kč)
1.93 €
(47.48 Kč)
     -8.0 %
Taxi 1hour Waiting (Normal Tariff) 23.12 €
(570.22 Kč)
14.60 €
(360.00 Kč)
     -36.9 %
Gasoline (1 gallon) 6.29 €
(155.21 Kč)
5.98 €
(147.46 Kč)
     -5.0 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(822,717.72 Kč)
24,941.09 €
(615,000.00 Kč)
     -25.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(681,050.41 Kč)
26,014.29 €
(641,463.16 Kč)
     -5.8 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 152.60 €
(3,762.91 Kč)
283.20 €
(6,983.06 Kč)
     +85.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.73 €
(387.93 Kč)
26.30 €
(648.56 Kč)
     +67.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.23 €
(770.03 Kč)
20.04 €
(494.18 Kč)
     -35.8 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 45.81 €
(1,129.58 Kč)
57.18 €
(1,409.86 Kč)
     +24.8 %
Tennis Court Rent (1 Hour on Weekend) 13.75 €
(339.05 Kč)
15.58 €
(384.29 Kč)
     +13.3 %
Cinema, International Release, 1 Seat 10.00 €
(246.58 Kč)
10.14 €
(250.00 Kč)
     +1.4 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 506.67 €
(12,493.44 Kč)
666.33 €
(16,430.56 Kč)
     +31.5 %
International Primary School, Yearly for 1 Child 9,214.29 €
(227,206.84 Kč)
10,687.33 €
(263,529.41 Kč)
     +16.0 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 88.72 €
(2,187.64 Kč)
78.33 €
(1,931.50 Kč)
     -11.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.69 €
(880.02 Kč)
36.66 €
(904.00 Kč)
     +2.7 %
1 Pair of Nike Running Shoes (Mid-Range) 87.49 €
(2,157.23 Kč)
91.18 €
(2,248.41 Kč)
     +4.2 %
1 Pair of Men Leather Business Shoes 104.58 €
(2,578.83 Kč)
106.95 €
(2,637.19 Kč)
     +2.3 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,343.75 €
(33,134.33 Kč)
994.97 €
(24,534.18 Kč)
     -26.0 %
Apartment (1 bedroom) Outside of Centre 962.27 €
(23,727.82 Kč)
731.20 €
(18,030.00 Kč)
     -24.0 %
Apartment (3 bedrooms) in City Centre 2,313.83 €
(57,054.66 Kč)
1,814.34 €
(44,738.10 Kč)
     -21.6 %
Apartment (3 bedrooms) Outside of Centre 1,684.52 €
(41,537.17 Kč)
1,287.08 €
(31,736.84 Kč)
     -23.6 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 510.00 €
(12,575.70 Kč)
640.20 €
(15,786.10 Kč)
     +25.5 %
Price per Square Feet to Buy Apartment Outside of Centre 296.50 €
(7,311.11 Kč)
450.13 €
(11,099.38 Kč)
     +51.8 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,146.56 €
(52,930.16 Kč)
1,719.04 €
(42,388.15 Kč)
     -19.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 5.83      +73.5 %
Last update: May 2024May 2024
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