Cost of Living Comparison Between Madrid and Singapore 

Indices DifferenceInfo
Cost of Living in Singapore is 44.1% higher than in Madrid (without rent)
Cost of Living Including Rent in Singapore is 64.6% higher than in Madrid
Rent Prices in Singapore are 100.5% higher than in Madrid
Restaurant Prices in Singapore are 5.5% lower than in Madrid
Groceries Prices in Singapore are 46.9% higher than in Madrid
Local Purchasing Power in Singapore is 22.9% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Singapore Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(21.90 S$)
9.93 €
(14.50 S$)
     -33.8 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(87.59 S$)
65.08 €
(95.00 S$)
     +8.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(14.60 S$)
6.85 €
(10.00 S$)
     -31.5 %
Domestic Beer (1 pint draught) 3.50 €
(5.11 S$)
6.85 €
(10.00 S$)
     +95.7 %
Imported Beer (12 oz small bottle) 4.00 €
(5.84 S$)
6.85 €
(10.00 S$)
     +71.3 %
Cappuccino (regular) 2.44 €
(3.56 S$)
4.35 €
(6.35 S$)
     +78.6 %
Coke/Pepsi (12 oz small bottle) 2.60 €
(3.79 S$)
1.38 €
(2.02 S$)
     -46.8 %
Water (12 oz small bottle) 1.70 €
(2.49 S$)
1.06 €
(1.55 S$)
     -37.5 %
Markets
Madrid Edit Singapore Edit
Milk (regular), (1 gallon) 4.02 €
(5.87 S$)
9.57 €
(13.97 S$)
     +138.2 %
Loaf of Fresh White Bread (1 lb) 1.41 €
(2.06 S$)
1.79 €
(2.61 S$)
     +26.6 %
Rice (white), (1 lb) 0.66 €
(0.97 S$)
1.11 €
(1.62 S$)
     +68.0 %
Eggs (regular) (12) 2.77 €
(4.04 S$)
3.06 €
(4.47 S$)
     +10.7 %
Local Cheese (1 lb) 6.41 €
(9.35 S$)
7.80 €
(11.38 S$)
     +21.7 %
Chicken Fillets (1 lb) 3.63 €
(5.30 S$)
4.33 €
(6.32 S$)
     +19.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.39 €
(9.33 S$)
8.06 €
(11.77 S$)
     +26.2 %
Apples (1 lb) 1.07 €
(1.56 S$)
1.74 €
(2.54 S$)
     +62.9 %
Banana (1 lb) 0.83 €
(1.22 S$)
1.35 €
(1.96 S$)
     +61.3 %
Oranges (1 lb) 0.91 €
(1.33 S$)
1.66 €
(2.43 S$)
     +82.8 %
Tomato (1 lb) 1.03 €
(1.51 S$)
1.18 €
(1.72 S$)
     +13.8 %
Potato (1 lb) 0.70 €
(1.03 S$)
0.99 €
(1.44 S$)
     +40.4 %
Onion (1 lb) 0.70 €
(1.02 S$)
0.95 €
(1.38 S$)
     +35.0 %
Lettuce (1 head) 1.19 €
(1.74 S$)
1.59 €
(2.32 S$)
     +33.0 %
Water (1.5 liter bottle) 0.85 €
(1.24 S$)
1.21 €
(1.77 S$)
     +42.1 %
Bottle of Wine (Mid-Range) 6.00 €
(8.76 S$)
20.55 €
(30.00 S$)
     +242.5 %
Domestic Beer (0.5 liter bottle) 1.22 €
(1.78 S$)
3.70 €
(5.40 S$)
     +203.5 %
Imported Beer (12 oz small bottle) 1.84 €
(2.68 S$)
4.05 €
(5.91 S$)
     +120.6 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(8.25 S$)
10.96 €
(16.00 S$)
     +94.0 %
Transportation
Madrid Edit Singapore Edit
One-way Ticket (Local Transport) 1.50 €
(2.19 S$)
1.37 €
(2.00 S$)
     -8.7 %
Monthly Pass (Regular Price) 51.00 €
(74.45 S$)
87.68 €
(128.00 S$)
     +71.9 %
Taxi Start (Normal Tariff) 3.12 €
(4.56 S$)
3.08 €
(4.50 S$)
     -1.4 %
Taxi 1 mile (Normal Tariff) 2.09 €
(3.05 S$)
1.10 €
(1.61 S$)
     -47.3 %
Taxi 1hour Waiting (Normal Tariff) 23.75 €
(34.67 S$)
13.70 €
(20.00 S$)
     -42.3 %
Gasoline (1 gallon) 6.31 €
(9.22 S$)
7.40 €
(10.81 S$)
     +17.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(48,707.92 S$)
123,300.27 €
(180,000.00 S$)
     +269.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,882.89 €
(40,704.87 S$)
108,724.81 €
(158,722.00 S$)
     +289.9 %
Utilities (Monthly)
Madrid Edit Singapore Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 152.60 €
(222.78 S$)
140.35 €
(204.89 S$)
     -8.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.57 €
(22.73 S$)
15.21 €
(22.21 S$)
     -2.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.89 €
(46.55 S$)
32.71 €
(47.75 S$)
     +2.6 %
Sports And Leisure
Madrid Edit Singapore Edit
Fitness Club, Monthly Fee for 1 Adult 45.44 €
(66.34 S$)
96.84 €
(141.37 S$)
     +113.1 %
Tennis Court Rent (1 Hour on Weekend) 13.54 €
(19.77 S$)
11.29 €
(16.48 S$)
     -16.7 %
Cinema, International Release, 1 Seat 10.50 €
(15.33 S$)
10.28 €
(15.00 S$)
     -2.1 %
Childcare
Madrid Edit Singapore Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 506.67 €
(739.66 S$)
1,022.15 €
(1,492.19 S$)
     +101.7 %
International Primary School, Yearly for 1 Child 9,175.00 €
(13,394.13 S$)
25,629.88 €
(37,415.81 S$)
     +179.3 %
Clothing And Shoes
Madrid Edit Singapore Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.62 €
(130.83 S$)
61.89 €
(90.36 S$)
     -30.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.59 €
(51.96 S$)
38.60 €
(56.35 S$)
     +8.5 %
1 Pair of Nike Running Shoes (Mid-Range) 87.94 €
(128.38 S$)
86.36 €
(126.08 S$)
     -1.8 %
1 Pair of Men Leather Business Shoes 103.60 €
(151.24 S$)
91.76 €
(133.96 S$)
     -11.4 %
Rent Per Month
Madrid Edit Singapore Edit
Apartment (1 bedroom) in City Centre 1,347.87 €
(1,967.69 S$)
2,458.29 €
(3,588.74 S$)
     +82.4 %
Apartment (1 bedroom) Outside of Centre 966.67 €
(1,411.19 S$)
1,880.84 €
(2,745.75 S$)
     +94.6 %
Apartment (3 bedrooms) in City Centre 2,334.13 €
(3,407.48 S$)
4,890.02 €
(7,138.70 S$)
     +109.5 %
Apartment (3 bedrooms) Outside of Centre 1,677.07 €
(2,448.28 S$)
3,454.43 €
(5,042.95 S$)
     +106.0 %
Buy Apartment Price
Madrid Edit Singapore Edit
Price per Square Feet to Buy Apartment in City Centre 508.45 €
(742.27 S$)
1,747.75 €
(2,551.46 S$)
     +243.7 %
Price per Square Feet to Buy Apartment Outside of Centre 306.97 €
(448.13 S$)
1,150.04 €
(1,678.89 S$)
     +274.6 %
Salaries And Financing
Madrid Edit Singapore Edit
Average Monthly Net Salary (After Tax) 2,119.41 €
(3,094.03 S$)
4,287.13 €
(6,258.56 S$)
     +102.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 3.55      +5.8 %
Last update: June 2024June 2024
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