Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Consumer Prices in Prague are 3.2% lower than in Madrid (without rent)
Consumer Prices Including Rent in Prague are 7.8% lower than in Madrid
Rent Prices in Prague are 16.2% lower than in Madrid
Restaurant Prices in Prague are 27.1% lower than in Madrid
Groceries Prices in Prague are 6.9% lower than in Madrid
Local Purchasing Power in Prague is 26.6% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(352.76 Kč)
7.94 €
(200.00 Kč)
     -43.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,511.82 Kč)
47.62 €
(1,200.00 Kč)
     -20.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(226.77 Kč)
7.92 €
(199.50 Kč)
     -12.0 %
Domestic Beer (1 pint draught) 3.48 €
(87.56 Kč)
2.18 €
(55.00 Kč)
     -37.2 %
Imported Beer (12 oz small bottle) 3.50 €
(88.19 Kč)
2.38 €
(60.00 Kč)
     -32.0 %
Cappuccino (regular) 2.34 €
(58.86 Kč)
2.83 €
(71.34 Kč)
     +21.2 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(60.44 Kč)
1.55 €
(39.15 Kč)
     -35.2 %
Water (12 oz small bottle) 1.55 €
(39.02 Kč)
1.36 €
(34.21 Kč)
     -12.3 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.03 €
(101.49 Kč)
3.56 €
(89.58 Kč)
     -11.7 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(33.33 Kč)
1.27 €
(32.03 Kč)
     -3.9 %
Rice (white), (1 lb) 0.66 €
(16.55 Kč)
0.94 €
(23.72 Kč)
     +43.4 %
Eggs (regular) (12) 2.78 €
(70.03 Kč)
2.38 €
(59.96 Kč)
     -14.4 %
Local Cheese (1 lb) 5.86 €
(147.78 Kč)
5.13 €
(129.34 Kč)
     -12.5 %
Chicken Fillets (1 lb) 3.42 €
(86.07 Kč)
3.57 €
(90.03 Kč)
     +4.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(155.16 Kč)
5.32 €
(133.98 Kč)
     -13.7 %
Apples (1 lb) 1.01 €
(25.37 Kč)
0.71 €
(17.91 Kč)
     -29.4 %
Banana (1 lb) 0.80 €
(20.19 Kč)
0.67 €
(16.84 Kč)
     -16.6 %
Oranges (1 lb) 0.81 €
(20.50 Kč)
0.86 €
(21.69 Kč)
     +5.8 %
Tomato (1 lb) 1.04 €
(26.15 Kč)
1.28 €
(32.33 Kč)
     +23.6 %
Potato (1 lb) 0.62 €
(15.75 Kč)
0.51 €
(12.95 Kč)
     -17.8 %
Onion (1 lb) 0.67 €
(16.99 Kč)
0.54 €
(13.63 Kč)
     -19.8 %
Lettuce (1 head) 1.21 €
(30.43 Kč)
1.27 €
(31.90 Kč)
     +4.8 %
Water (1.5 liter bottle) 0.88 €
(22.22 Kč)
0.65 €
(16.38 Kč)
     -26.3 %
Bottle of Wine (Mid-Range) 6.00 €
(151.18 Kč)
5.56 €
(140.00 Kč)
     -7.4 %
Domestic Beer (0.5 liter bottle) 1.14 €
(28.84 Kč)
0.91 €
(23.05 Kč)
     -20.1 %
Imported Beer (12 oz small bottle) 1.80 €
(45.44 Kč)
1.61 €
(40.64 Kč)
     -10.6 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(141.73 Kč)
5.95 €
(150.00 Kč)
     +5.8 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(37.80 Kč)
1.19 €
(30.00 Kč)
     -20.6 %
Monthly Pass (Regular Price) 40.00 €
(1,007.88 Kč)
21.83 €
(550.00 Kč)
     -45.4 %
Taxi Start (Normal Tariff) 3.00 €
(75.59 Kč)
1.98 €
(50.00 Kč)
     -33.9 %
Taxi 1 mile (Normal Tariff) 1.93 €
(48.66 Kč)
1.88 €
(47.48 Kč)
     -2.4 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(554.33 Kč)
14.29 €
(360.00 Kč)
     -35.1 %
Gasoline (1 gallon) 6.22 €
(156.69 Kč)
5.81 €
(146.43 Kč)
     -6.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(840,696.07 Kč)
24,407.72 €
(615,000.00 Kč)
     -26.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(695,932.99 Kč)
25,457.97 €
(641,463.16 Kč)
     -7.8 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 138.91 €
(3,500.04 Kč)
273.91 €
(6,901.66 Kč)
     +97.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.73 €
(346.08 Kč)
25.83 €
(650.75 Kč)
     +88.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.56 €
(744.84 Kč)
19.67 €
(495.71 Kč)
     -33.4 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 43.33 €
(1,091.87 Kč)
54.80 €
(1,380.68 Kč)
     +26.5 %
Tennis Court Rent (1 Hour on Weekend) 9.80 €
(247.05 Kč)
15.35 €
(386.80 Kč)
     +56.6 %
Cinema, International Release, 1 Seat 10.00 €
(251.97 Kč)
9.92 €
(250.00 Kč)
     -0.8 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 489.04 €
(12,322.28 Kč)
579.46 €
(14,600.67 Kč)
     +18.5 %
International Primary School, Yearly for 1 Child 9,061.90 €
(228,332.32 Kč)
10,692.24 €
(269,411.76 Kč)
     +18.0 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.13 €
(1,691.42 Kč)
75.60 €
(1,904.90 Kč)
     +12.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.32 €
(688.39 Kč)
36.04 €
(908.22 Kč)
     +31.9 %
1 Pair of Nike Running Shoes (Mid-Range) 74.79 €
(1,884.45 Kč)
89.46 €
(2,254.17 Kč)
     +19.6 %
1 Pair of Men Leather Business Shoes 81.70 €
(2,058.59 Kč)
107.14 €
(2,699.68 Kč)
     +31.1 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,190.88 €
(30,006.47 Kč)
967.68 €
(24,382.59 Kč)
     -18.7 %
Apartment (1 bedroom) Outside of Centre 868.24 €
(21,877.01 Kč)
708.15 €
(17,843.14 Kč)
     -18.4 %
Apartment (3 bedrooms) in City Centre 2,077.19 €
(52,338.92 Kč)
1,795.33 €
(45,236.90 Kč)
     -13.6 %
Apartment (3 bedrooms) Outside of Centre 1,487.21 €
(37,473.19 Kč)
1,242.89 €
(31,317.07 Kč)
     -16.4 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 411.50 €
(10,368.44 Kč)
627.56 €
(15,812.64 Kč)
     +52.5 %
Price per Square Feet to Buy Apartment Outside of Centre 236.31 €
(5,954.19 Kč)
444.49 €
(11,199.88 Kč)
     +88.1 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,475.10 €
(62,365.06 Kč)
1,674.83 €
(42,200.67 Kč)
     -32.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.48 5.86      +136.3 %
Last update: April 2024April 2024
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