Cost of Living Comparison Between Madrid and Singapore 

Indices DifferenceInfo
Consumer Prices in Singapore are 53.2% higher than in Madrid (without rent)
Consumer Prices Including Rent in Singapore are 76.3% higher than in Madrid
Rent Prices in Singapore are 117.5% higher than in Madrid
Restaurant Prices in Singapore are 0.9% higher than in Madrid
Groceries Prices in Singapore are 53.0% higher than in Madrid
Local Purchasing Power in Singapore is 2.6% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Singapore Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(20.35 S$)
10.32 €
(15.00 S$)
     -26.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(87.22 S$)
67.07 €
(97.50 S$)
     +11.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 €
(13.85 S$)
6.88 €
(10.00 S$)
     -27.8 %
Domestic Beer (1 pint draught) 3.50 €
(5.09 S$)
6.88 €
(10.00 S$)
     +96.5 %
Imported Beer (12 oz small bottle) 3.50 €
(5.09 S$)
6.88 €
(10.00 S$)
     +96.5 %
Cappuccino (regular) 2.39 €
(3.47 S$)
4.45 €
(6.47 S$)
     +86.6 %
Coke/Pepsi (12 oz small bottle) 2.44 €
(3.54 S$)
1.40 €
(2.03 S$)
     -42.7 %
Water (12 oz small bottle) 1.59 €
(2.31 S$)
1.05 €
(1.52 S$)
     -34.2 %
Markets
Madrid Edit Singapore Edit
Milk (regular), (1 gallon) 4.02 €
(5.84 S$)
10.03 €
(14.59 S$)
     +149.8 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(2.00 S$)
1.73 €
(2.52 S$)
     +25.9 %
Rice (white), (1 lb) 0.66 €
(0.96 S$)
1.14 €
(1.65 S$)
     +72.2 %
Eggs (regular) (12) 2.77 €
(4.03 S$)
3.12 €
(4.53 S$)
     +12.4 %
Local Cheese (1 lb) 6.06 €
(8.81 S$)
7.68 €
(11.16 S$)
     +26.7 %
Chicken Fillets (1 lb) 3.46 €
(5.03 S$)
4.31 €
(6.27 S$)
     +24.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.33 €
(9.20 S$)
8.40 €
(12.22 S$)
     +32.9 %
Apples (1 lb) 1.02 €
(1.48 S$)
1.76 €
(2.56 S$)
     +72.8 %
Banana (1 lb) 0.82 €
(1.19 S$)
1.33 €
(1.94 S$)
     +62.9 %
Oranges (1 lb) 0.80 €
(1.17 S$)
1.62 €
(2.36 S$)
     +102.3 %
Tomato (1 lb) 1.04 €
(1.51 S$)
1.19 €
(1.73 S$)
     +14.5 %
Potato (1 lb) 0.64 €
(0.93 S$)
0.97 €
(1.42 S$)
     +51.6 %
Onion (1 lb) 0.69 €
(1.00 S$)
0.95 €
(1.38 S$)
     +38.4 %
Lettuce (1 head) 1.20 €
(1.74 S$)
1.56 €
(2.27 S$)
     +30.7 %
Water (1.5 liter bottle) 0.87 €
(1.27 S$)
1.23 €
(1.79 S$)
     +41.2 %
Bottle of Wine (Mid-Range) 6.00 €
(8.72 S$)
20.64 €
(30.00 S$)
     +243.9 %
Domestic Beer (0.5 liter bottle) 1.22 €
(1.77 S$)
3.81 €
(5.55 S$)
     +213.2 %
Imported Beer (12 oz small bottle) 1.76 €
(2.55 S$)
4.27 €
(6.20 S$)
     +143.1 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(8.21 S$)
11.35 €
(16.50 S$)
     +100.9 %
Transportation
Madrid Edit Singapore Edit
One-way Ticket (Local Transport) 1.50 €
(2.18 S$)
1.38 €
(2.00 S$)
     -8.3 %
Monthly Pass (Regular Price) 40.00 €
(58.15 S$)
88.05 €
(128.00 S$)
     +120.1 %
Taxi Start (Normal Tariff) 3.00 €
(4.36 S$)
3.03 €
(4.40 S$)
     +0.9 %
Taxi 1 mile (Normal Tariff) 1.93 €
(2.81 S$)
1.11 €
(1.61 S$)
     -42.7 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(31.98 S$)
13.76 €
(20.00 S$)
     -37.5 %
Gasoline (1 gallon) 6.23 €
(9.06 S$)
7.40 €
(10.75 S$)
     +18.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(48,503.47 S$)
123,820.00 €
(180,000.00 S$)
     +271.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(40,151.45 S$)
109,183.10 €
(158,722.00 S$)
     +295.3 %
Utilities (Monthly)
Madrid Edit Singapore Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 142.24 €
(206.78 S$)
139.41 €
(202.67 S$)
     -2.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.88 €
(20.18 S$)
16.59 €
(24.12 S$)
     +19.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.76 €
(43.26 S$)
32.90 €
(47.83 S$)
     +10.6 %
Sports And Leisure
Madrid Edit Singapore Edit
Fitness Club, Monthly Fee for 1 Adult 43.57 €
(63.34 S$)
95.67 €
(139.08 S$)
     +119.6 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(14.41 S$)
11.70 €
(17.01 S$)
     +18.0 %
Cinema, International Release, 1 Seat 10.00 €
(14.54 S$)
10.32 €
(15.00 S$)
     +3.2 %
Childcare
Madrid Edit Singapore Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 491.92 €
(715.12 S$)
1,026.66 €
(1,492.48 S$)
     +108.7 %
International Primary School, Yearly for 1 Child 8,661.90 €
(12,592.01 S$)
25,776.88 €
(37,472.44 S$)
     +197.6 %
Clothing And Shoes
Madrid Edit Singapore Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.75 €
(99.94 S$)
62.69 €
(91.13 S$)
     -8.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.30 €
(41.14 S$)
40.47 €
(58.83 S$)
     +43.0 %
1 Pair of Nike Running Shoes (Mid-Range) 76.31 €
(110.93 S$)
86.27 €
(125.41 S$)
     +13.1 %
1 Pair of Men Leather Business Shoes 84.43 €
(122.73 S$)
97.63 €
(141.92 S$)
     +15.6 %
Rent Per Month
Madrid Edit Singapore Edit
Apartment (1 bedroom) in City Centre 1,258.75 €
(1,829.87 S$)
2,540.28 €
(3,692.87 S$)
     +101.8 %
Apartment (1 bedroom) Outside of Centre 905.83 €
(1,316.83 S$)
1,882.03 €
(2,735.95 S$)
     +107.8 %
Apartment (3 bedrooms) in City Centre 2,154.81 €
(3,132.49 S$)
4,856.22 €
(7,059.60 S$)
     +125.4 %
Apartment (3 bedrooms) Outside of Centre 1,554.35 €
(2,259.59 S$)
3,494.01 €
(5,079.33 S$)
     +124.8 %
Buy Apartment Price
Madrid Edit Singapore Edit
Price per Square Feet to Buy Apartment in City Centre 421.98 €
(613.44 S$)
1,720.68 €
(2,501.39 S$)
     +307.8 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(346.58 S$)
1,138.24 €
(1,654.68 S$)
     +377.4 %
Salaries And Financing
Madrid Edit Singapore Edit
Average Monthly Net Salary (After Tax) 2,399.51 €
(3,488.22 S$)
4,121.59 €
(5,991.66 S$)
     +71.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.53 3.50      +38.4 %
Last update: May 2024May 2024
Contributors in the past 12 months:530648