Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Consumer Prices in Prague are 2.7% lower than in Madrid (without rent)
Consumer Prices Including Rent in Prague are 8.2% lower than in Madrid
Rent Prices in Prague are 18.1% lower than in Madrid
Restaurant Prices in Prague are 24.4% lower than in Madrid
Groceries Prices in Prague are 6.9% lower than in Madrid
Local Purchasing Power in Prague is 24.1% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(350.66 Kč)
8.78 €
(220.00 Kč)
     -37.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,502.84 Kč)
47.91 €
(1,200.00 Kč)
     -20.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.03 €
(226.05 Kč)
7.98 €
(200.00 Kč)
     -11.5 %
Domestic Beer (1 pint draught) 3.50 €
(87.67 Kč)
2.40 €
(60.00 Kč)
     -31.6 %
Imported Beer (12 oz small bottle) 3.50 €
(87.67 Kč)
2.40 €
(60.00 Kč)
     -31.6 %
Cappuccino (regular) 2.37 €
(59.26 Kč)
2.87 €
(71.92 Kč)
     +21.4 %
Coke/Pepsi (12 oz small bottle) 2.42 €
(60.66 Kč)
1.55 €
(38.71 Kč)
     -36.2 %
Water (12 oz small bottle) 1.57 €
(39.42 Kč)
1.38 €
(34.56 Kč)
     -12.3 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.03 €
(100.98 Kč)
3.61 €
(90.41 Kč)
     -10.5 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(34.49 Kč)
1.28 €
(32.10 Kč)
     -6.9 %
Rice (white), (1 lb) 0.66 €
(16.54 Kč)
0.96 €
(24.12 Kč)
     +45.8 %
Eggs (regular) (12) 2.78 €
(69.65 Kč)
2.40 €
(60.03 Kč)
     -13.8 %
Local Cheese (1 lb) 6.06 €
(151.77 Kč)
5.18 €
(129.86 Kč)
     -14.4 %
Chicken Fillets (1 lb) 3.46 €
(86.69 Kč)
3.76 €
(94.06 Kč)
     +8.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(158.45 Kč)
5.31 €
(132.97 Kč)
     -16.1 %
Apples (1 lb) 1.03 €
(25.68 Kč)
0.70 €
(17.60 Kč)
     -31.5 %
Banana (1 lb) 0.82 €
(20.52 Kč)
0.68 €
(17.06 Kč)
     -16.9 %
Oranges (1 lb) 0.81 €
(20.18 Kč)
0.87 €
(21.89 Kč)
     +8.5 %
Tomato (1 lb) 1.03 €
(25.86 Kč)
1.32 €
(33.18 Kč)
     +28.3 %
Potato (1 lb) 0.64 €
(16.09 Kč)
0.53 €
(13.23 Kč)
     -17.8 %
Onion (1 lb) 0.69 €
(17.21 Kč)
0.55 €
(13.84 Kč)
     -19.6 %
Lettuce (1 head) 1.20 €
(29.96 Kč)
1.28 €
(32.05 Kč)
     +6.9 %
Water (1.5 liter bottle) 0.87 €
(21.87 Kč)
0.66 €
(16.45 Kč)
     -24.8 %
Bottle of Wine (Mid-Range) 6.00 €
(150.28 Kč)
5.99 €
(150.00 Kč)
     -0.2 %
Domestic Beer (0.5 liter bottle) 1.22 €
(30.50 Kč)
0.93 €
(23.40 Kč)
     -23.3 %
Imported Beer (12 oz small bottle) 1.76 €
(43.97 Kč)
1.63 €
(40.85 Kč)
     -7.1 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(141.52 Kč)
5.99 €
(150.00 Kč)
     +6.0 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(37.57 Kč)
1.20 €
(30.00 Kč)
     -20.2 %
Monthly Pass (Regular Price) 40.00 €
(1,001.89 Kč)
21.96 €
(550.00 Kč)
     -45.1 %
Taxi Start (Normal Tariff) 3.00 €
(75.14 Kč)
2.00 €
(50.00 Kč)
     -33.5 %
Taxi 1 mile (Normal Tariff) 1.93 €
(48.37 Kč)
1.90 €
(47.48 Kč)
     -1.9 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(551.04 Kč)
14.37 €
(360.00 Kč)
     -34.7 %
Gasoline (1 gallon) 6.23 €
(156.04 Kč)
5.87 €
(147.06 Kč)
     -5.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(835,702.94 Kč)
24,553.55 €
(615,000.00 Kč)
     -26.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(691,799.65 Kč)
25,610.08 €
(641,463.16 Kč)
     -7.3 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 141.26 €
(3,538.30 Kč)
275.40 €
(6,897.97 Kč)
     +95.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.76 €
(344.65 Kč)
25.82 €
(646.62 Kč)
     +87.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.63 €
(742.18 Kč)
19.87 €
(497.69 Kč)
     -32.9 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 €
(1,091.35 Kč)
56.11 €
(1,405.37 Kč)
     +28.8 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(248.34 Kč)
15.31 €
(383.46 Kč)
     +54.4 %
Cinema, International Release, 1 Seat 10.00 €
(250.47 Kč)
9.98 €
(250.00 Kč)
     -0.2 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 €
(12,321.34 Kč)
651.20 €
(16,310.92 Kč)
     +32.4 %
International Primary School, Yearly for 1 Child 8,661.90 €
(216,957.27 Kč)
10,756.12 €
(269,411.76 Kč)
     +24.2 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 €
(1,722.00 Kč)
76.87 €
(1,925.42 Kč)
     +11.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.96 €
(700.35 Kč)
36.21 €
(906.87 Kč)
     +29.5 %
1 Pair of Nike Running Shoes (Mid-Range) 75.79 €
(1,898.31 Kč)
89.30 €
(2,236.63 Kč)
     +17.8 %
1 Pair of Men Leather Business Shoes 82.22 €
(2,059.40 Kč)
105.59 €
(2,644.84 Kč)
     +28.4 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,252.06 €
(31,360.68 Kč)
977.97 €
(24,495.45 Kč)
     -21.9 %
Apartment (1 bedroom) Outside of Centre 905.83 €
(22,688.67 Kč)
717.37 €
(17,968.09 Kč)
     -20.8 %
Apartment (3 bedrooms) in City Centre 2,146.08 €
(53,753.46 Kč)
1,820.56 €
(45,600.00 Kč)
     -15.2 %
Apartment (3 bedrooms) Outside of Centre 1,542.55 €
(38,636.78 Kč)
1,276.50 €
(31,972.97 Kč)
     -17.2 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 418.31 €
(10,477.42 Kč)
633.52 €
(15,867.86 Kč)
     +51.4 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(5,971.54 Kč)
447.15 €
(11,199.88 Kč)
     +87.6 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,419.86 €
(60,611.06 Kč)
1,687.05 €
(42,256.12 Kč)
     -30.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.51 5.84      +133.0 %
Last update: May 2024May 2024
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