Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Cost of Living in Prague is 6.7% lower than in Madrid (without rent)
Cost of Living Including Rent in Prague is 13.2% lower than in Madrid
Rent Prices in Prague are 24.7% lower than in Madrid
Restaurant Prices in Prague are 27.5% lower than in Madrid
Groceries Prices in Prague are 9.9% lower than in Madrid
Local Purchasing Power in Prague is 8.6% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(373.95 Kč)
8.82 €
(220.00 Kč)
     -41.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,495.79 Kč)
48.14 €
(1,200.00 Kč)
     -19.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(249.30 Kč)
8.00 €
(199.44 Kč)
     -20.0 %
Domestic Beer (1 pint draught) 3.50 €
(87.25 Kč)
2.41 €
(60.00 Kč)
     -31.2 %
Imported Beer (12 oz small bottle) 4.00 €
(99.72 Kč)
2.41 €
(60.00 Kč)
     -39.8 %
Cappuccino (regular) 2.45 €
(61.03 Kč)
2.87 €
(71.59 Kč)
     +17.3 %
Coke/Pepsi (12 oz small bottle) 2.58 €
(64.26 Kč)
1.52 €
(37.95 Kč)
     -40.9 %
Water (12 oz small bottle) 1.66 €
(41.50 Kč)
1.34 €
(33.39 Kč)
     -19.5 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.02 €
(100.14 Kč)
3.65 €
(91.04 Kč)
     -9.1 %
Loaf of Fresh White Bread (1 lb) 1.41 €
(35.25 Kč)
1.30 €
(32.37 Kč)
     -8.2 %
Rice (white), (1 lb) 0.68 €
(16.84 Kč)
0.97 €
(24.16 Kč)
     +43.5 %
Eggs (regular) (12) 2.79 €
(69.49 Kč)
2.39 €
(59.48 Kč)
     -14.4 %
Local Cheese (1 lb) 6.53 €
(162.77 Kč)
5.21 €
(129.99 Kč)
     -20.1 %
Chicken Fillets (1 lb) 3.56 €
(88.75 Kč)
3.80 €
(94.67 Kč)
     +6.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.46 €
(160.97 Kč)
5.29 €
(131.79 Kč)
     -18.1 %
Apples (1 lb) 1.06 €
(26.37 Kč)
0.69 €
(17.16 Kč)
     -34.9 %
Banana (1 lb) 0.83 €
(20.79 Kč)
0.67 €
(16.75 Kč)
     -19.4 %
Oranges (1 lb) 0.91 €
(22.67 Kč)
0.87 €
(21.67 Kč)
     -4.4 %
Tomato (1 lb) 1.03 €
(25.73 Kč)
1.33 €
(33.06 Kč)
     +28.5 %
Potato (1 lb) 0.71 €
(17.71 Kč)
0.53 €
(13.18 Kč)
     -25.6 %
Onion (1 lb) 0.71 €
(17.64 Kč)
0.54 €
(13.56 Kč)
     -23.1 %
Lettuce (1 head) 1.20 €
(29.87 Kč)
1.29 €
(32.11 Kč)
     +7.5 %
Water (1.5 liter bottle) 0.85 €
(21.26 Kč)
0.65 €
(16.29 Kč)
     -23.4 %
Bottle of Wine (Mid-Range) 6.50 €
(162.04 Kč)
6.02 €
(150.00 Kč)
     -7.4 %
Domestic Beer (0.5 liter bottle) 1.22 €
(30.35 Kč)
0.92 €
(22.88 Kč)
     -24.6 %
Imported Beer (12 oz small bottle) 1.84 €
(45.76 Kč)
1.65 €
(41.19 Kč)
     -10.0 %
Cigarettes 20 Pack (Marlboro) 5.60 €
(139.61 Kč)
6.02 €
(150.00 Kč)
     +7.4 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(37.39 Kč)
1.20 €
(30.00 Kč)
     -19.8 %
Monthly Pass (Regular Price) 50.00 €
(1,246.49 Kč)
22.06 €
(550.00 Kč)
     -55.9 %
Taxi Start (Normal Tariff) 3.38 €
(84.14 Kč)
2.01 €
(50.00 Kč)
     -40.6 %
Taxi 1 mile (Normal Tariff) 2.09 €
(52.16 Kč)
1.90 €
(47.48 Kč)
     -9.0 %
Taxi 1hour Waiting (Normal Tariff) 23.75 €
(592.08 Kč)
14.44 €
(360.00 Kč)
     -39.2 %
Gasoline (1 gallon) 6.34 €
(158.11 Kč)
5.91 €
(147.27 Kč)
     -6.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(831,782.01 Kč)
24,067.60 €
(600,000.00 Kč)
     -27.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,882.89 €
(695,114.35 Kč)
26,051.91 €
(649,468.42 Kč)
     -6.6 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 152.78 €
(3,808.83 Kč)
284.36 €
(7,089.04 Kč)
     +86.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.99 €
(373.75 Kč)
25.44 €
(634.23 Kč)
     +69.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.02 €
(773.44 Kč)
19.67 €
(490.29 Kč)
     -36.6 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 43.17 €
(1,076.14 Kč)
57.77 €
(1,440.29 Kč)
     +33.8 %
Tennis Court Rent (1 Hour on Weekend) 12.56 €
(313.21 Kč)
15.54 €
(387.41 Kč)
     +23.7 %
Cinema, International Release, 1 Seat 10.00 €
(249.30 Kč)
10.03 €
(250.00 Kč)
     +0.3 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 515.77 €
(12,858.01 Kč)
659.07 €
(16,430.56 Kč)
     +27.8 %
International Primary School, Yearly for 1 Child 9,119.05 €
(227,335.82 Kč)
11,479.30 €
(286,176.47 Kč)
     +25.9 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 87.78 €
(2,188.37 Kč)
79.64 €
(1,985.45 Kč)
     -9.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.13 €
(900.83 Kč)
37.56 €
(936.36 Kč)
     +3.9 %
1 Pair of Nike Running Shoes (Mid-Range) 87.29 €
(2,176.01 Kč)
90.72 €
(2,261.67 Kč)
     +3.9 %
1 Pair of Men Leather Business Shoes 104.23 €
(2,598.45 Kč)
104.15 €
(2,596.45 Kč)
     -0.1 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,352.04 €
(33,706.08 Kč)
980.07 €
(24,432.86 Kč)
     -27.5 %
Apartment (1 bedroom) Outside of Centre 966.67 €
(24,098.78 Kč)
717.43 €
(17,885.42 Kč)
     -25.8 %
Apartment (3 bedrooms) in City Centre 2,325.92 €
(57,984.63 Kč)
1,785.48 €
(44,511.63 Kč)
     -23.2 %
Apartment (3 bedrooms) Outside of Centre 1,673.49 €
(41,719.69 Kč)
1,273.85 €
(31,756.76 Kč)
     -23.9 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 517.32 €
(12,896.68 Kč)
637.72 €
(15,898.27 Kč)
     +23.3 %
Price per Square Feet to Buy Apartment Outside of Centre 311.15 €
(7,756.92 Kč)
442.04 €
(11,019.85 Kč)
     +42.1 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,119.41 €
(52,836.53 Kč)
1,680.72 €
(41,899.90 Kč)
     -20.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.42 5.83      +70.3 %
Last update: June 2024June 2024
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