Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Consumer Prices in Prague are 2.8% lower than in Madrid (without rent)
Consumer Prices Including Rent in Prague are 8.0% lower than in Madrid
Rent Prices in Prague are 17.4% lower than in Madrid
Restaurant Prices in Prague are 24.3% lower than in Madrid
Groceries Prices in Prague are 7.4% lower than in Madrid
Local Purchasing Power in Prague is 25.3% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(350.24 Kč)
8.79 €
(220.00 Kč)
     -37.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,501.04 Kč)
47.97 €
(1,200.00 Kč)
     -20.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(225.16 Kč)
7.99 €
(200.00 Kč)
     -11.2 %
Domestic Beer (1 pint draught) 3.50 €
(87.56 Kč)
2.40 €
(60.00 Kč)
     -31.5 %
Imported Beer (12 oz small bottle) 3.50 €
(87.56 Kč)
2.40 €
(60.00 Kč)
     -31.5 %
Cappuccino (regular) 2.38 €
(59.46 Kč)
2.87 €
(71.76 Kč)
     +20.7 %
Coke/Pepsi (12 oz small bottle) 2.41 €
(60.32 Kč)
1.53 €
(38.28 Kč)
     -36.5 %
Water (12 oz small bottle) 1.57 €
(39.37 Kč)
1.37 €
(34.27 Kč)
     -12.9 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.03 €
(100.86 Kč)
3.60 €
(89.95 Kč)
     -10.8 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(34.45 Kč)
1.28 €
(32.10 Kč)
     -6.8 %
Rice (white), (1 lb) 0.66 €
(16.52 Kč)
0.96 €
(23.91 Kč)
     +44.7 %
Eggs (regular) (12) 2.78 €
(69.57 Kč)
2.39 €
(59.80 Kč)
     -14.0 %
Local Cheese (1 lb) 6.06 €
(151.59 Kč)
5.14 €
(128.69 Kč)
     -15.1 %
Chicken Fillets (1 lb) 3.46 €
(86.59 Kč)
3.74 €
(93.64 Kč)
     +8.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(158.26 Kč)
5.26 €
(131.66 Kč)
     -16.8 %
Apples (1 lb) 1.03 €
(25.65 Kč)
0.70 €
(17.52 Kč)
     -31.7 %
Banana (1 lb) 0.82 €
(20.50 Kč)
0.68 €
(16.99 Kč)
     -17.1 %
Oranges (1 lb) 0.81 €
(20.15 Kč)
0.87 €
(21.77 Kč)
     +8.0 %
Tomato (1 lb) 1.03 €
(25.83 Kč)
1.31 €
(32.74 Kč)
     +26.8 %
Potato (1 lb) 0.64 €
(16.07 Kč)
0.52 €
(13.13 Kč)
     -18.3 %
Onion (1 lb) 0.69 €
(17.19 Kč)
0.54 €
(13.63 Kč)
     -20.7 %
Lettuce (1 head) 1.20 €
(29.93 Kč)
1.27 €
(31.85 Kč)
     +6.4 %
Water (1.5 liter bottle) 0.87 €
(21.84 Kč)
0.65 €
(16.35 Kč)
     -25.1 %
Bottle of Wine (Mid-Range) 6.00 €
(150.10 Kč)
6.00 €
(150.00 Kč)
     -0.1 %
Domestic Beer (0.5 liter bottle) 1.22 €
(30.47 Kč)
0.92 €
(23.09 Kč)
     -24.2 %
Imported Beer (12 oz small bottle) 1.76 €
(43.92 Kč)
1.61 €
(40.38 Kč)
     -8.1 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(141.35 Kč)
6.00 €
(150.00 Kč)
     +6.1 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(37.53 Kč)
1.20 €
(30.00 Kč)
     -20.1 %
Monthly Pass (Regular Price) 40.00 €
(1,000.69 Kč)
21.98 €
(550.00 Kč)
     -45.0 %
Taxi Start (Normal Tariff) 3.00 €
(75.05 Kč)
2.00 €
(50.00 Kč)
     -33.4 %
Taxi 1 mile (Normal Tariff) 1.93 €
(48.31 Kč)
1.90 €
(47.48 Kč)
     -1.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(550.38 Kč)
14.39 €
(360.00 Kč)
     -34.6 %
Gasoline (1 gallon) 6.23 €
(155.86 Kč)
5.89 €
(147.33 Kč)
     -5.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(834,701.80 Kč)
24,583.00 €
(615,000.00 Kč)
     -26.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(690,970.90 Kč)
25,640.80 €
(641,463.16 Kč)
     -7.2 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 141.69 €
(3,544.77 Kč)
277.01 €
(6,930.01 Kč)
     +95.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.03 €
(351.10 Kč)
26.03 €
(651.18 Kč)
     +85.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.90 €
(747.95 Kč)
19.86 €
(496.75 Kč)
     -33.6 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 44.05 €
(1,101.95 Kč)
56.18 €
(1,405.38 Kč)
     +27.5 %
Tennis Court Rent (1 Hour on Weekend) 10.24 €
(256.19 Kč)
15.33 €
(383.46 Kč)
     +49.7 %
Cinema, International Release, 1 Seat 10.00 €
(250.17 Kč)
9.99 €
(250.00 Kč)
     -0.1 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 492.60 €
(12,323.52 Kč)
651.99 €
(16,310.92 Kč)
     +32.4 %
International Primary School, Yearly for 1 Child 8,650.00 €
(216,399.54 Kč)
10,769.02 €
(269,411.76 Kč)
     +24.5 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 69.01 €
(1,726.48 Kč)
76.96 €
(1,925.42 Kč)
     +11.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.04 €
(701.46 Kč)
36.25 €
(906.87 Kč)
     +29.3 %
1 Pair of Nike Running Shoes (Mid-Range) 76.17 €
(1,905.48 Kč)
89.55 €
(2,240.34 Kč)
     +17.6 %
1 Pair of Men Leather Business Shoes 82.44 €
(2,062.50 Kč)
105.72 €
(2,644.84 Kč)
     +28.2 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,240.66 €
(31,037.96 Kč)
979.14 €
(24,495.45 Kč)
     -21.1 %
Apartment (1 bedroom) Outside of Centre 897.60 €
(22,455.52 Kč)
718.25 €
(17,968.75 Kč)
     -20.0 %
Apartment (3 bedrooms) in City Centre 2,129.25 €
(53,267.94 Kč)
1,807.98 €
(45,230.77 Kč)
     -15.1 %
Apartment (3 bedrooms) Outside of Centre 1,520.83 €
(38,047.12 Kč)
1,278.04 €
(31,972.97 Kč)
     -16.0 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 414.82 €
(10,377.56 Kč)
634.28 €
(15,867.86 Kč)
     +52.9 %
Price per Square Feet to Buy Apartment Outside of Centre 237.34 €
(5,937.52 Kč)
445.62 €
(11,148.27 Kč)
     +87.8 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,467.45 €
(61,728.96 Kč)
1,695.49 €
(42,416.58 Kč)
     -31.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.52 5.83      +131.9 %
Last update: May 2024May 2024
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