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 8.1% lower than in Madrid
Rent Prices in Prague are 17.3% lower than in Madrid
Restaurant Prices in Prague are 28.0% lower than in Madrid
Groceries Prices in Prague are 7.0% lower than in Madrid
Local Purchasing Power in Prague is 22.6% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(354.77 Kč)
7.89 €
(200.00 Kč)
     -43.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,520.43 Kč)
47.35 €
(1,200.00 Kč)
     -21.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(228.06 Kč)
7.89 €
(200.00 Kč)
     -12.3 %
Domestic Beer (1 pint draught) 3.50 €
(88.69 Kč)
2.17 €
(55.00 Kč)
     -38.0 %
Imported Beer (12 oz small bottle) 4.00 €
(101.36 Kč)
2.37 €
(60.00 Kč)
     -40.8 %
Cappuccino (regular) 2.37 €
(59.98 Kč)
2.83 €
(71.63 Kč)
     +19.4 %
Coke/Pepsi (12 oz small bottle) 2.48 €
(62.93 Kč)
1.50 €
(38.02 Kč)
     -39.6 %
Water (12 oz small bottle) 1.58 €
(39.96 Kč)
1.36 €
(34.49 Kč)
     -13.7 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.05 €
(102.66 Kč)
3.55 €
(89.86 Kč)
     -12.5 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(34.90 Kč)
1.27 €
(32.14 Kč)
     -7.9 %
Rice (white), (1 lb) 0.65 €
(16.49 Kč)
0.95 €
(24.03 Kč)
     +45.8 %
Eggs (regular) (12) 2.81 €
(71.31 Kč)
2.44 €
(61.95 Kč)
     -13.1 %
Local Cheese (1 lb) 6.04 €
(153.07 Kč)
5.14 €
(130.18 Kč)
     -15.0 %
Chicken Fillets (1 lb) 3.38 €
(85.59 Kč)
3.55 €
(89.95 Kč)
     +5.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.29 €
(159.36 Kč)
5.35 €
(135.51 Kč)
     -15.0 %
Apples (1 lb) 1.02 €
(25.76 Kč)
0.71 €
(17.94 Kč)
     -30.3 %
Banana (1 lb) 0.81 €
(20.54 Kč)
0.66 €
(16.76 Kč)
     -18.4 %
Oranges (1 lb) 0.76 €
(19.36 Kč)
0.87 €
(22.02 Kč)
     +13.7 %
Tomato (1 lb) 1.05 €
(26.52 Kč)
1.27 €
(32.25 Kč)
     +21.6 %
Potato (1 lb) 0.61 €
(15.44 Kč)
0.51 €
(12.94 Kč)
     -16.2 %
Onion (1 lb) 0.67 €
(16.94 Kč)
0.57 €
(14.42 Kč)
     -14.9 %
Lettuce (1 head) 1.20 €
(30.46 Kč)
1.27 €
(32.09 Kč)
     +5.4 %
Water (1.5 liter bottle) 0.87 €
(21.96 Kč)
0.66 €
(16.62 Kč)
     -24.4 %
Bottle of Wine (Mid-Range) 6.00 €
(152.04 Kč)
5.92 €
(150.00 Kč)
     -1.3 %
Domestic Beer (0.5 liter bottle) 1.17 €
(29.55 Kč)
0.91 €
(23.04 Kč)
     -22.0 %
Imported Beer (12 oz small bottle) 1.74 €
(44.08 Kč)
1.63 €
(41.39 Kč)
     -6.1 %
Cigarettes 20 Pack (Marlboro) 5.50 €
(139.37 Kč)
5.92 €
(150.00 Kč)
     +7.6 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(38.01 Kč)
1.18 €
(30.00 Kč)
     -21.1 %
Monthly Pass (Regular Price) 40.00 €
(1,013.62 Kč)
21.70 €
(550.00 Kč)
     -45.7 %
Taxi Start (Normal Tariff) 3.00 €
(76.02 Kč)
1.97 €
(50.00 Kč)
     -34.2 %
Taxi 1 mile (Normal Tariff) 1.93 €
(48.94 Kč)
1.81 €
(45.87 Kč)
     -6.3 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(557.49 Kč)
14.21 €
(360.00 Kč)
     -35.4 %
Gasoline (1 gallon) 6.17 €
(156.41 Kč)
5.76 €
(146.09 Kč)
     -6.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,000.00 €
(810,897.40 Kč)
23,677.47 €
(600,000.00 Kč)
     -26.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,131.94 €
(662,197.68 Kč)
25,349.80 €
(642,377.78 Kč)
     -3.0 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 132.45 €
(3,356.42 Kč)
280.18 €
(7,099.88 Kč)
     +111.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 16.26 €
(411.93 Kč)
25.90 €
(656.34 Kč)
     +59.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.55 €
(748.75 Kč)
19.92 €
(504.83 Kč)
     -32.6 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 42.69 €
(1,081.80 Kč)
55.15 €
(1,397.41 Kč)
     +29.2 %
Tennis Court Rent (1 Hour on Weekend) 9.91 €
(251.18 Kč)
15.33 €
(388.40 Kč)
     +54.6 %
Cinema, International Release, 1 Seat 10.00 €
(253.41 Kč)
9.87 €
(250.00 Kč)
     -1.3 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 489.60 €
(12,406.73 Kč)
542.01 €
(13,734.85 Kč)
     +10.7 %
International Primary School, Yearly for 1 Child 8,815.79 €
(223,396.90 Kč)
10,542.11 €
(267,142.86 Kč)
     +19.6 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 68.40 €
(1,733.29 Kč)
76.71 €
(1,943.76 Kč)
     +12.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.66 €
(726.30 Kč)
38.53 €
(976.31 Kč)
     +34.4 %
1 Pair of Nike Running Shoes (Mid-Range) 76.60 €
(1,941.15 Kč)
89.12 €
(2,258.34 Kč)
     +16.3 %
1 Pair of Men Leather Business Shoes 83.77 €
(2,122.69 Kč)
109.41 €
(2,772.39 Kč)
     +30.6 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,205.56 €
(30,549.43 Kč)
957.43 €
(24,261.72 Kč)
     -20.6 %
Apartment (1 bedroom) Outside of Centre 880.00 €
(22,299.68 Kč)
698.92 €
(17,711.11 Kč)
     -20.6 %
Apartment (3 bedrooms) in City Centre 2,140.22 €
(54,234.27 Kč)
1,806.10 €
(45,767.51 Kč)
     -15.6 %
Apartment (3 bedrooms) Outside of Centre 1,465.80 €
(37,144.05 Kč)
1,246.61 €
(31,589.74 Kč)
     -15.0 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 411.40 €
(10,425.03 Kč)
628.09 €
(15,916.06 Kč)
     +52.7 %
Price per Square Feet to Buy Apartment Outside of Centre 238.41 €
(6,041.38 Kč)
447.59 €
(11,342.21 Kč)
     +87.7 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,191.87 €
(55,543.08 Kč)
1,558.96 €
(39,504.83 Kč)
     -28.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.65 6.03      +127.4 %
Last update: February 2024March 2024
Contributors in the past 12 months:548604