Cost of Living Comparison Between Singapore and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 34.7% lower than in Singapore (without rent)
Consumer Prices Including Rent in Madrid are 43.3% lower than in Singapore
Rent Prices in Madrid are 54.0% lower than in Singapore
Restaurant Prices in Madrid are 0.1% higher than in Singapore
Groceries Prices in Madrid are 34.7% lower than in Singapore
Local Purchasing Power in Madrid is 2.5% higher than in Singapore
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Singapore Edit Madrid Edit Difference
Meal, Inexpensive Restaurant 15.00 S$
(10.33 €)
20.34 S$
(14.00 €)
     +35.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 95.00 S$
(65.40 €)
87.16 S$
(60.00 €)
     -8.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 S$
(6.88 €)
13.84 S$
(9.53 €)
     +38.4 %
Domestic Beer (1 pint draught) 10.00 S$
(6.88 €)
5.08 S$
(3.50 €)
     -49.2 %
Imported Beer (12 oz small bottle) 10.00 S$
(6.88 €)
5.08 S$
(3.50 €)
     -49.2 %
Cappuccino (regular) 6.47 S$
(4.46 €)
3.47 S$
(2.39 €)
     -46.5 %
Coke/Pepsi (12 oz small bottle) 2.04 S$
(1.40 €)
3.54 S$
(2.44 €)
     +74.0 %
Water (12 oz small bottle) 1.52 S$
(1.05 €)
2.31 S$
(1.59 €)
     +51.8 %
Markets
Singapore Edit Madrid Edit
Milk (regular), (1 gallon) 14.59 S$
(10.04 €)
5.83 S$
(4.02 €)
     -60.0 %
Loaf of Fresh White Bread (1 lb) 2.52 S$
(1.74 €)
2.00 S$
(1.38 €)
     -20.6 %
Rice (white), (1 lb) 1.65 S$
(1.14 €)
0.96 S$
(0.66 €)
     -42.0 %
Eggs (regular) (12) 4.53 S$
(3.12 €)
4.03 S$
(2.77 €)
     -11.1 %
Local Cheese (1 lb) 11.16 S$
(7.69 €)
8.80 S$
(6.06 €)
     -21.2 %
Chicken Fillets (1 lb) 6.27 S$
(4.31 €)
5.03 S$
(3.46 €)
     -19.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 12.22 S$
(8.41 €)
9.19 S$
(6.33 €)
     -24.8 %
Apples (1 lb) 2.56 S$
(1.77 €)
1.48 S$
(1.02 €)
     -42.2 %
Banana (1 lb) 1.94 S$
(1.34 €)
1.19 S$
(0.82 €)
     -38.6 %
Oranges (1 lb) 2.36 S$
(1.62 €)
1.16 S$
(0.80 €)
     -50.6 %
Tomato (1 lb) 1.73 S$
(1.19 €)
1.51 S$
(1.04 €)
     -12.8 %
Potato (1 lb) 1.42 S$
(0.97 €)
0.93 S$
(0.64 €)
     -34.1 %
Onion (1 lb) 1.38 S$
(0.95 €)
1.00 S$
(0.69 €)
     -27.8 %
Lettuce (1 head) 2.27 S$
(1.56 €)
1.74 S$
(1.20 €)
     -23.5 %
Water (1.5 liter bottle) 1.79 S$
(1.23 €)
1.27 S$
(0.87 €)
     -29.2 %
Bottle of Wine (Mid-Range) 30.00 S$
(20.65 €)
8.72 S$
(6.00 €)
     -70.9 %
Domestic Beer (0.5 liter bottle) 5.55 S$
(3.82 €)
1.77 S$
(1.22 €)
     -68.1 %
Imported Beer (12 oz small bottle) 6.20 S$
(4.27 €)
2.55 S$
(1.76 €)
     -58.9 %
Cigarettes 20 Pack (Marlboro) 16.50 S$
(11.36 €)
8.21 S$
(5.65 €)
     -50.3 %
Transportation
Singapore Edit Madrid Edit
One-way Ticket (Local Transport) 2.00 S$
(1.38 €)
2.18 S$
(1.50 €)
     +8.9 %
Monthly Pass (Regular Price) 128.00 S$
(88.12 €)
58.11 S$
(40.00 €)
     -54.6 %
Taxi Start (Normal Tariff) 4.40 S$
(3.03 €)
4.36 S$
(3.00 €)
     -1.0 %
Taxi 1 mile (Normal Tariff) 1.61 S$
(1.11 €)
2.81 S$
(1.93 €)
     +74.3 %
Taxi 1hour Waiting (Normal Tariff) 20.00 S$
(13.77 €)
31.96 S$
(22.00 €)
     +59.8 %
Gasoline (1 gallon) 10.75 S$
(7.40 €)
9.05 S$
(6.23 €)
     -15.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 180,000.00 S$
(123,911.79 €)
48,467.54 S$
(33,365.00 €)
     -73.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 158,722.00 S$
(109,264.04 €)
40,121.71 S$
(27,619.74 €)
     -74.7 %
Utilities (Monthly)
Singapore Edit Madrid Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 202.67 S$
(139.52 €)
206.62 S$
(142.24 €)
     +2.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 24.12 S$
(16.61 €)
20.17 S$
(13.88 €)
     -16.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 47.83 S$
(32.92 €)
43.23 S$
(29.76 €)
     -9.6 %
Sports And Leisure
Singapore Edit Madrid Edit
Fitness Club, Monthly Fee for 1 Adult 139.08 S$
(95.75 €)
63.29 S$
(43.57 €)
     -54.5 %
Tennis Court Rent (1 Hour on Weekend) 17.01 S$
(11.71 €)
14.40 S$
(9.91 €)
     -15.3 %
Cinema, International Release, 1 Seat 15.00 S$
(10.33 €)
14.53 S$
(10.00 €)
     -3.2 %
Childcare
Singapore Edit Madrid Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,492.48 S$
(1,027.42 €)
714.59 S$
(491.92 €)
     -52.1 %
International Primary School, Yearly for 1 Child 37,472.44 S$
(25,795.98 €)
12,582.68 S$
(8,661.90 €)
     -66.4 %
Clothing And Shoes
Singapore Edit Madrid Edit
1 Pair of Jeans (Levis 501 Or Similar) 91.13 S$
(62.74 €)
99.87 S$
(68.75 €)
     +9.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 58.83 S$
(40.50 €)
41.11 S$
(28.30 €)
     -30.1 %
1 Pair of Nike Running Shoes (Mid-Range) 125.41 S$
(86.34 €)
110.85 S$
(76.31 €)
     -11.6 %
1 Pair of Men Leather Business Shoes 141.92 S$
(97.70 €)
122.64 S$
(84.43 €)
     -13.6 %
Rent Per Month
Singapore Edit Madrid Edit
Apartment (1 bedroom) in City Centre 3,692.87 S$
(2,542.17 €)
1,828.52 S$
(1,258.75 €)
     -50.5 %
Apartment (1 bedroom) Outside of Centre 2,735.95 S$
(1,883.42 €)
1,315.86 S$
(905.83 €)
     -51.9 %
Apartment (3 bedrooms) in City Centre 7,059.60 S$
(4,859.82 €)
3,130.17 S$
(2,154.81 €)
     -55.7 %
Apartment (3 bedrooms) Outside of Centre 5,079.33 S$
(3,496.60 €)
2,257.92 S$
(1,554.35 €)
     -55.5 %
Buy Apartment Price
Singapore Edit Madrid Edit
Price per Square Feet to Buy Apartment in City Centre 2,501.39 S$
(1,721.95 €)
612.99 S$
(421.98 €)
     -75.5 %
Price per Square Feet to Buy Apartment Outside of Centre 1,654.68 S$
(1,139.08 €)
346.33 S$
(238.41 €)
     -79.1 %
Salaries And Financing
Singapore Edit Madrid Edit
Average Monthly Net Salary (After Tax) 5,991.66 S$
(4,124.65 €)
3,485.64 S$
(2,399.51 €)
     -41.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.50 2.53      -27.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:649530