Cost of Living Comparison Between Madrid and Taipei 
| Indices Difference |  |
|---|---|
| Consumer Prices in Taipei are 10.6% lower than in Madrid (without rent) | |
| Consumer Prices Including Rent in Taipei are 21.0% lower than in Madrid | |
| Rent Prices in Taipei are 40.3% lower than in Madrid | |
| Restaurant Prices in Taipei are 48.7% lower than in Madrid | |
| Groceries Prices in Taipei are 22.2% higher than in Madrid | |
| Local Purchasing Power in Taipei is 9.4% lower than in Madrid | |
Restaurants | Madrid Edit |
Taipei Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (489.61 NT$) |
5.72 € (200.00 NT$) |
-59.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (2,098.32 NT$) |
28.59 € (1,000.00 NT$) |
-52.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.53 € (333.11 NT$) |
4.58 € (160.00 NT$) |
-52.0 % |
| Domestic Beer (0.5 liter draught) |
3.50 € (122.40 NT$) |
2.29 € (80.00 NT$) |
-34.6 % |
| Imported Beer (0.33 liter bottle) |
4.00 € (139.89 NT$) |
2.86 € (100.00 NT$) |
-28.5 % |
| Cappuccino (regular) |
2.39 € (83.62 NT$) |
3.21 € (112.25 NT$) |
+34.2 % |
| Coke/Pepsi (0.33 liter bottle) |
2.49 € (86.92 NT$) |
0.94 € (33.02 NT$) |
-62.0 % |
| Water (0.33 liter bottle) |
1.64 € (57.52 NT$) |
0.66 € (23.00 NT$) |
-60.0 % |
Markets | Madrid Edit |
Taipei Edit | |
| Milk (regular), (1 liter) |
1.06 € (36.99 NT$) |
2.75 € (96.23 NT$) |
+160.2 % |
| Loaf of Fresh White Bread (500g) |
1.54 € (53.97 NT$) |
1.73 € (60.54 NT$) |
+12.2 % |
| Rice (white), (1kg) |
1.48 € (51.63 NT$) |
2.78 € (97.38 NT$) |
+88.6 % |
| Eggs (regular) (12) |
2.79 € (97.60 NT$) |
2.61 € (91.16 NT$) |
-6.6 % |
| Local Cheese (1kg) |
13.93 € (487.15 NT$) |
14.24 € (497.94 NT$) |
+2.2 % |
| Chicken Fillets (1kg) |
7.76 € (271.23 NT$) |
8.36 € (292.27 NT$) |
+7.8 % |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) |
14.22 € (497.22 NT$) |
16.36 € (572.18 NT$) |
+15.1 % |
| Apples (1kg) |
2.28 € (79.75 NT$) |
4.19 € (146.49 NT$) |
+83.7 % |
| Banana (1kg) |
1.80 € (63.07 NT$) |
2.05 € (71.56 NT$) |
+13.4 % |
| Oranges (1kg) |
1.91 € (66.70 NT$) |
2.39 € (83.56 NT$) |
+25.3 % |
| Tomato (1kg) |
2.26 € (78.98 NT$) |
3.02 € (105.56 NT$) |
+33.7 % |
| Potato (1kg) |
1.45 € (50.88 NT$) |
2.51 € (87.83 NT$) |
+72.6 % |
| Onion (1kg) |
1.52 € (53.02 NT$) |
2.27 € (79.53 NT$) |
+50.0 % |
| Lettuce (1 head) |
1.21 € (42.24 NT$) |
1.53 € (53.61 NT$) |
+26.9 % |
| Water (1.5 liter bottle) |
0.89 € (31.03 NT$) |
1.10 € (38.63 NT$) |
+24.5 % |
| Bottle of Wine (Mid-Range) |
6.00 € (209.83 NT$) |
11.44 € (400.00 NT$) |
+90.6 % |
| Domestic Beer (0.5 liter bottle) |
1.21 € (42.34 NT$) |
1.44 € (50.19 NT$) |
+18.5 % |
| Imported Beer (0.33 liter bottle) |
1.83 € (63.96 NT$) |
2.12 € (74.17 NT$) |
+16.0 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (196.72 NT$) |
3.57 € (125.00 NT$) |
-36.5 % |
Transportation | Madrid Edit |
Taipei Edit | |
| One-way Ticket (Local Transport) |
1.50 € (52.46 NT$) |
0.86 € (30.00 NT$) |
-42.8 % |
| Monthly Pass (Regular Price) |
51.00 € (1,783.57 NT$) |
34.31 € (1,200.00 NT$) |
-32.7 % |
| Taxi Start (Normal Tariff) |
3.00 € (104.92 NT$) |
2.43 € (85.00 NT$) |
-19.0 % |
| Taxi 1km (Normal Tariff) |
1.30 € (45.46 NT$) |
0.71 € (25.00 NT$) |
-45.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (769.39 NT$) |
8.58 € (300.00 NT$) |
-61.0 % |
| Gasoline (1 liter) |
1.65 € (57.78 NT$) |
0.90 € (31.49 NT$) |
-45.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (1,166,842.53 NT$) |
28,851.61 € (1,009,000.00 NT$) |
-13.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (965,918.88 NT$) |
23,230.45 € (812,416.67 NT$) |
-15.9 % |
Utilities (Monthly) | Madrid Edit |
Taipei Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment |
147.64 € (5,163.30 NT$) |
86.55 € (3,026.83 NT$) |
-41.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.34 € (536.31 NT$) |
17.29 € (604.56 NT$) |
+12.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.46 € (1,065.14 NT$) |
23.51 € (822.21 NT$) |
-22.8 % |
Sports And Leisure | Madrid Edit |
Taipei Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.29 € (1,548.76 NT$) |
35.54 € (1,242.76 NT$) |
-19.8 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.28 € (429.60 NT$) |
9.68 € (338.57 NT$) |
-21.2 % |
| Cinema, International Release, 1 Seat |
10.00 € (349.72 NT$) |
8.58 € (300.00 NT$) |
-14.2 % |
Childcare | Madrid Edit |
Taipei Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
501.60 € (17,541.98 NT$) |
630.76 € (22,058.82 NT$) |
+25.7 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (322,242.48 NT$) |
16,272.06 € (569,067.25 NT$) |
+76.6 % |
Clothing And Shoes | Madrid Edit |
Taipei Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
76.26 € (2,667.08 NT$) |
57.19 € (2,000.00 NT$) |
-25.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
30.85 € (1,078.98 NT$) |
27.75 € (970.64 NT$) |
-10.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
80.18 € (2,804.16 NT$) |
81.18 € (2,839.13 NT$) |
+1.2 % |
| 1 Pair of Men Leather Business Shoes |
91.17 € (3,188.29 NT$) |
95.31 € (3,333.33 NT$) |
+4.5 % |
Rent Per Month | Madrid Edit |
Taipei Edit | |
| Apartment (1 bedroom) in City Centre |
1,253.73 € (43,845.35 NT$) |
608.34 € (21,275.00 NT$) |
-51.5 % |
| Apartment (1 bedroom) Outside of Centre |
910.62 € (31,846.43 NT$) |
463.76 € (16,218.75 NT$) |
-49.1 % |
| Apartment (3 bedrooms) in City Centre |
2,151.96 € (75,258.49 NT$) |
1,437.82 € (50,283.45 NT$) |
-33.2 % |
| Apartment (3 bedrooms) Outside of Centre |
1,556.38 € (54,429.91 NT$) |
1,000.80 € (35,000.00 NT$) |
-35.7 % |
Buy Apartment Price | Madrid Edit |
Taipei Edit | |
| Price per Square Meter to Buy Apartment in City Centre |
4,583.86 € (160,307.16 NT$) |
11,563.36 € (404,394.35 NT$) |
+152.3 % |
| Price per Square Meter to Buy Apartment Outside of Centre |
2,636.70 € (92,210.97 NT$) |
5,510.36 € (192,708.45 NT$) |
+109.0 % |
Salaries And Financing | Madrid Edit |
Taipei Edit | |
| Average Monthly Net Salary (After Tax) |
2,384.70 € (83,397.80 NT$) |
1,706.44 € (59,677.54 NT$) |
-28.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.68 | 1.85 | -31.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 524 | 278 |
Moving to Madrid? Explore:
Moving to Taipei? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 13.90 km |
| Cost of Living in Getafe | 14.55 km |
| Cost of Living in Coslada | 14.76 km |
| Cost of Living in La Moraleja | 17.81 km |
| Cost of Living in Rivas-Vaciamadrid | 20.59 km |
| Cost of Living in Fuenlabrada | 24.60 km |
| Cost of Living in Mostoles | 24.69 km |
| Cost of Living in Alcala de Henares | 33.06 km |
| Cost of Living in Soto del Real | 43.29 km |
| Cost of Living in Aranjuez | 48.94 km |
Cities near Taipei: | Cost of Living in Guangzhou | 8.39 km |
| Cost of Living in Keelung (Chi-Lung) | 20.89 km |
| Cost of Living in New Taipei City | 30.67 km |
| Cost of Living in Zhongli City (Jhongli) | 46.45 km |
| Cost of Living in Yilan | 57.72 km |
| Cost of Living in Zhubei City | 79.05 km |
| Cost of Living in HsinChu | 83.59 km |
| Cost of Living in Zhunan | 95.23 km |
| Cost of Living in Miaoli | 112.93 km |
| Cost of Living in Taichung | 161.73 km |