Cost of Living Comparison Between Madrid and Taipei 
| Indices Difference |  |
|---|---|
| Cost of Living in Taipei is 13.3% lower than in Madrid (without rent) | |
| Cost of Living Including Rent in Taipei is 24.7% lower than in Madrid | |
| Rent Prices in Taipei are 44.8% lower than in Madrid | |
| Restaurant Prices in Taipei are 50.1% lower than in Madrid | |
| Groceries Prices in Taipei are 19.4% higher than in Madrid | |
| Local Purchasing Power in Taipei is 7.1% higher than in Madrid | |
Restaurants | Madrid Edit |
Taipei Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (528.97 NT$) |
5.67 € (200.00 NT$) |
-62.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,115.88 NT$) |
28.36 € (1,000.00 NT$) |
-52.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (352.65 NT$) |
4.54 € (160.00 NT$) |
-54.6 % |
| Domestic Beer (1 pint draught) |
3.50 € (123.43 NT$) |
2.84 € (100.00 NT$) |
-19.0 % |
| Imported Beer (12 oz small bottle) |
4.00 € (141.06 NT$) |
3.40 € (120.00 NT$) |
-14.9 % |
| Cappuccino (regular) |
2.44 € (85.89 NT$) |
3.11 € (109.60 NT$) |
+27.6 % |
| Coke/Pepsi (12 oz small bottle) |
2.60 € (91.54 NT$) |
0.94 € (33.03 NT$) |
-63.9 % |
| Water (12 oz small bottle) |
1.70 € (60.05 NT$) |
0.65 € (22.98 NT$) |
-61.7 % |
Markets | Madrid Edit |
Taipei Edit | |
| Milk (regular), (1 gallon) |
4.03 € (142.20 NT$) |
10.37 € (365.70 NT$) |
+157.2 % |
| Loaf of Fresh White Bread (1 lb) |
1.45 € (51.16 NT$) |
1.60 € (56.35 NT$) |
+10.1 % |
| Rice (white), (1 lb) |
0.66 € (23.45 NT$) |
1.25 € (43.93 NT$) |
+87.4 % |
| Eggs (regular) (12) |
2.82 € (99.43 NT$) |
2.58 € (90.93 NT$) |
-8.5 % |
| Local Cheese (1 lb) |
6.47 € (228.02 NT$) |
6.52 € (230.06 NT$) |
+0.9 % |
| Chicken Fillets (1 lb) |
3.66 € (129.12 NT$) |
3.76 € (132.57 NT$) |
+2.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.48 € (228.56 NT$) |
7.24 € (255.34 NT$) |
+11.7 % |
| Apples (1 lb) |
1.06 € (37.32 NT$) |
1.88 € (66.45 NT$) |
+78.0 % |
| Banana (1 lb) |
0.84 € (29.46 NT$) |
0.94 € (33.04 NT$) |
+12.2 % |
| Oranges (1 lb) |
0.91 € (32.23 NT$) |
1.05 € (37.16 NT$) |
+15.3 % |
| Tomato (1 lb) |
1.04 € (36.68 NT$) |
1.46 € (51.47 NT$) |
+40.3 % |
| Potato (1 lb) |
0.69 € (24.29 NT$) |
1.16 € (41.02 NT$) |
+68.9 % |
| Onion (1 lb) |
0.70 € (24.60 NT$) |
1.05 € (36.98 NT$) |
+50.3 % |
| Lettuce (1 head) |
1.21 € (42.52 NT$) |
1.71 € (60.24 NT$) |
+41.7 % |
| Water (1.5 liter bottle) |
0.88 € (30.96 NT$) |
1.09 € (38.30 NT$) |
+23.7 % |
| Bottle of Wine (Mid-Range) |
6.50 € (229.22 NT$) |
11.34 € (400.00 NT$) |
+74.5 % |
| Domestic Beer (0.5 liter bottle) |
1.23 € (43.47 NT$) |
1.42 € (50.19 NT$) |
+15.4 % |
| Imported Beer (12 oz small bottle) |
1.93 € (68.16 NT$) |
2.03 € (71.59 NT$) |
+5.0 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (198.36 NT$) |
3.40 € (120.00 NT$) |
-39.5 % |
Transportation | Madrid Edit |
Taipei Edit | |
| One-way Ticket (Local Transport) |
1.50 € (52.90 NT$) |
0.85 € (30.00 NT$) |
-43.3 % |
| Monthly Pass (Regular Price) |
52.00 € (1,833.76 NT$) |
34.03 € (1,200.00 NT$) |
-34.6 % |
| Taxi Start (Normal Tariff) |
3.12 € (110.20 NT$) |
2.41 € (85.00 NT$) |
-22.9 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (73.78 NT$) |
1.14 € (40.23 NT$) |
-45.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
23.75 € (837.53 NT$) |
8.51 € (300.00 NT$) |
-64.2 % |
| Gasoline (1 gallon) |
6.31 € (222.41 NT$) |
3.37 € (118.86 NT$) |
-46.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,176,604.38 NT$) |
28,867.45 € (1,018,000.00 NT$) |
-13.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (973,999.80 NT$) |
23,628.49 € (833,249.92 NT$) |
-14.5 % |
Utilities (Monthly) | Madrid Edit |
Taipei Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
152.60 € (5,381.50 NT$) |
85.86 € (3,027.90 NT$) |
-43.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.73 € (554.80 NT$) |
17.14 € (604.43 NT$) |
+8.9 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
31.23 € (1,101.25 NT$) |
23.32 € (822.21 NT$) |
-25.3 % |
Sports And Leisure | Madrid Edit |
Taipei Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
45.81 € (1,615.46 NT$) |
34.98 € (1,233.57 NT$) |
-23.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
13.75 € (484.89 NT$) |
9.60 € (338.57 NT$) |
-30.2 % |
| Cinema, International Release, 1 Seat |
10.00 € (352.65 NT$) |
8.51 € (300.00 NT$) |
-14.9 % |
Childcare | Madrid Edit |
Taipei Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (17,867.41 NT$) |
602.59 € (21,250.00 NT$) |
+18.9 % |
| International Primary School, Yearly for 1 Child |
9,175.00 € (323,552.98 NT$) |
17,077.23 € (602,222.22 NT$) |
+86.1 % |
Clothing And Shoes | Madrid Edit |
Taipei Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
89.62 € (3,160.44 NT$) |
53.99 € (1,903.85 NT$) |
-39.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
35.85 € (1,264.07 NT$) |
26.73 € (942.68 NT$) |
-25.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
88.34 € (3,115.41 NT$) |
79.73 € (2,811.54 NT$) |
-9.8 % |
| 1 Pair of Men Leather Business Shoes |
104.58 € (3,688.09 NT$) |
93.70 € (3,304.35 NT$) |
-10.4 % |
Rent Per Month | Madrid Edit |
Taipei Edit | |
| Apartment (1 bedroom) in City Centre |
1,337.21 € (47,156.19 NT$) |
602.04 € (21,230.77 NT$) |
-55.0 % |
| Apartment (1 bedroom) Outside of Centre |
961.58 € (33,909.73 NT$) |
447.31 € (15,774.19 NT$) |
-53.5 % |
| Apartment (3 bedrooms) in City Centre |
2,320.93 € (81,846.75 NT$) |
1,453.82 € (51,268.52 NT$) |
-37.4 % |
| Apartment (3 bedrooms) Outside of Centre |
1,690.79 € (59,625.07 NT$) |
982.29 € (34,640.00 NT$) |
-41.9 % |
Buy Apartment Price | Madrid Edit |
Taipei Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
510.00 € (17,985.05 NT$) |
1,065.35 € (37,569.15 NT$) |
+108.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
306.34 € (10,802.98 NT$) |
497.98 € (17,561.12 NT$) |
+62.6 % |
Salaries And Financing | Madrid Edit |
Taipei Edit | |
| Average Monthly Net Salary (After Tax) |
2,140.14 € (75,471.41 NT$) |
1,726.53 € (60,885.56 NT$) |
-19.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.36 | 1.85 | -45.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 469 | 277 |
Moving to Madrid? Explore:
Moving to Taipei? 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 Taipei: | Cost of Living in Guangzhou | 5.22 miles |
| Cost of Living in Keelung (Chi-Lung) | 12.98 miles |
| Cost of Living in New Taipei City | 19.05 miles |
| Cost of Living in Zhongli City (Jhongli) | 28.86 miles |
| Cost of Living in Yilan | 35.87 miles |
| Cost of Living in Zhubei City | 49.12 miles |
| Cost of Living in HsinChu | 51.94 miles |
| Cost of Living in Zhunan | 59.17 miles |
| Cost of Living in Miaoli | 70.17 miles |
| Cost of Living in Taichung | 100.49 miles |