Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Consumer Prices in Prague are 1.4% higher than in Madrid (without rent)
Consumer Prices Including Rent in Prague are 1.4% lower than in Madrid
Rent Prices in Prague are 7.0% lower than in Madrid
Restaurant Prices in Prague are 19.2% lower than in Madrid
Groceries Prices in Prague are 7.5% higher than in Madrid
Local Purchasing Power in Prague is 14.5% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 12.00 €
(285.69 Kč)
8.40 €
(200.00 Kč)
     -30.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 50.00 €
(1,190.39 Kč)
42.00 €
(1,000.00 Kč)
     -16.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 €
(190.46 Kč)
7.56 €
(180.00 Kč)
     -5.5 %
Domestic Beer (1 pint draught) 3.50 €
(83.33 Kč)
2.10 €
(50.00 Kč)
     -40.0 %
Imported Beer (12 oz small bottle) 3.50 €
(83.33 Kč)
2.48 €
(59.00 Kč)
     -29.2 %
Cappuccino (regular) 2.12 €
(50.37 Kč)
2.80 €
(66.75 Kč)
     +32.5 %
Coke/Pepsi (12 oz small bottle) 2.34 €
(55.75 Kč)
1.57 €
(37.30 Kč)
     -33.1 %
Water (12 oz small bottle) 1.62 €
(38.54 Kč)
1.21 €
(28.92 Kč)
     -25.0 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 3.34 €
(79.41 Kč)
4.04 €
(96.08 Kč)
     +21.0 %
Loaf of Fresh White Bread (1 lb) 0.98 €
(23.30 Kč)
1.27 €
(30.16 Kč)
     +29.5 %
Rice (white), (1 lb) 0.56 €
(13.39 Kč)
1.02 €
(24.21 Kč)
     +80.8 %
Eggs (regular) (12) 2.31 €
(54.90 Kč)
2.77 €
(65.88 Kč)
     +20.0 %
Local Cheese (1 lb) 4.78 €
(113.89 Kč)
4.99 €
(118.82 Kč)
     +4.3 %
Chicken Fillets (1 lb) 3.36 €
(79.97 Kč)
3.78 €
(90.05 Kč)
     +12.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.56 €
(132.36 Kč)
5.59 €
(133.04 Kč)
     +0.5 %
Apples (1 lb) 0.95 €
(22.69 Kč)
0.76 €
(18.05 Kč)
     -20.4 %
Banana (1 lb) 0.86 €
(20.46 Kč)
0.69 €
(16.41 Kč)
     -19.8 %
Oranges (1 lb) 0.81 €
(19.38 Kč)
0.85 €
(20.25 Kč)
     +4.5 %
Tomato (1 lb) 0.85 €
(20.28 Kč)
1.41 €
(33.51 Kč)
     +65.3 %
Potato (1 lb) 0.57 €
(13.67 Kč)
0.42 €
(9.96 Kč)
     -27.2 %
Onion (1 lb) 0.61 €
(14.61 Kč)
0.40 €
(9.54 Kč)
     -34.7 %
Lettuce (1 head) 1.03 €
(24.61 Kč)
1.31 €
(31.23 Kč)
     +26.9 %
Water (1.5 liter bottle) 0.69 €
(16.34 Kč)
0.65 €
(15.55 Kč)
     -4.8 %
Bottle of Wine (Mid-Range) 5.50 €
(130.94 Kč)
6.30 €
(150.00 Kč)
     +14.6 %
Domestic Beer (0.5 liter bottle) 0.99 €
(23.68 Kč)
0.93 €
(22.22 Kč)
     -6.2 %
Imported Beer (12 oz small bottle) 1.53 €
(36.40 Kč)
1.67 €
(39.86 Kč)
     +9.5 %
Cigarettes 20 Pack (Marlboro) 5.15 €
(122.61 Kč)
5.88 €
(140.00 Kč)
     +14.2 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(35.71 Kč)
1.47 €
(35.00 Kč)
     -2.0 %
Monthly Pass (Regular Price) 54.60 €
(1,299.91 Kč)
23.10 €
(550.00 Kč)
     -57.7 %
Taxi Start (Normal Tariff) 3.50 €
(83.33 Kč)
1.85 €
(44.00 Kč)
     -47.2 %
Taxi 1 mile (Normal Tariff) 1.77 €
(42.15 Kč)
1.89 €
(45.06 Kč)
     +6.9 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(523.77 Kč)
15.12 €
(360.00 Kč)
     -31.3 %
Gasoline (1 gallon) 7.06 €
(168.03 Kč)
6.57 €
(156.42 Kč)
     -6.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 €
(595,197.04 Kč)
25,201.74 €
(600,000.00 Kč)
     +0.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 23,563.64 €
(561,000.26 Kč)
23,992.80 €
(571,217.65 Kč)
     +1.8 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 167.13 €
(3,978.93 Kč)
265.25 €
(6,315.02 Kč)
     +58.7 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.14 €
(3.41 Kč)
0.15 €
(3.65 Kč)
     +6.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 33.18 €
(789.86 Kč)
21.56 €
(513.35 Kč)
     -35.0 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 40.18 €
(956.59 Kč)
49.00 €
(1,166.63 Kč)
     +22.0 %
Tennis Court Rent (1 Hour on Weekend) 12.09 €
(287.86 Kč)
14.42 €
(343.42 Kč)
     +19.3 %
Cinema, International Release, 1 Seat 9.00 €
(214.27 Kč)
9.11 €
(217.00 Kč)
     +1.3 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 479.38 €
(11,412.90 Kč)
674.88 €
(16,067.57 Kč)
     +40.8 %
International Primary School, Yearly for 1 Child 8,969.23 €
(213,538.38 Kč)
11,279.53 €
(268,541.67 Kč)
     +25.8 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 72.06 €
(1,715.53 Kč)
78.81 €
(1,876.35 Kč)
     +9.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.00 €
(809.46 Kč)
36.46 €
(868.11 Kč)
     +7.2 %
1 Pair of Nike Running Shoes (Mid-Range) 76.68 €
(1,825.50 Kč)
83.14 €
(1,979.46 Kč)
     +8.4 %
1 Pair of Men Leather Business Shoes 91.87 €
(2,187.25 Kč)
99.82 €
(2,376.51 Kč)
     +8.7 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,026.36 €
(24,435.54 Kč)
908.91 €
(21,639.28 Kč)
     -11.4 %
Apartment (1 bedroom) Outside of Centre 791.49 €
(18,843.68 Kč)
678.43 €
(16,152.00 Kč)
     -14.3 %
Apartment (3 bedrooms) in City Centre 1,764.79 €
(42,015.95 Kč)
1,684.59 €
(40,106.44 Kč)
     -4.5 %
Apartment (3 bedrooms) Outside of Centre 1,258.94 €
(29,972.60 Kč)
1,229.94 €
(29,282.24 Kč)
     -2.3 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 501.13 €
(11,930.82 Kč)
688.34 €
(16,387.96 Kč)
     +37.4 %
Price per Square Feet to Buy Apartment Outside of Centre 342.31 €
(8,149.62 Kč)
480.75 €
(11,445.56 Kč)
     +40.4 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,017.18 €
(48,024.87 Kč)
1,700.76 €
(40,491.61 Kč)
     -15.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.42 5.86      +142.4 %
Last update: February 2023February 2023
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