Cost of Living Comparison Between Madrid and Prague 

Indices DifferenceInfo
Consumer Prices in Prague are 5.7% lower than in Madrid (without rent)
Consumer Prices Including Rent in Prague are 10.6% lower than in Madrid
Rent Prices in Prague are 19.5% lower than in Madrid
Restaurant Prices in Prague are 25.0% lower than in Madrid
Groceries Prices in Prague are 10.0% lower than in Madrid
Local Purchasing Power in Prague is 17.8% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Prague Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(347.26 Kč)
8.87 €
(220.00 Kč)
     -36.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(1,488.28 Kč)
48.38 €
(1,200.00 Kč)
     -19.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.53 €
(236.26 Kč)
8.06 €
(200.00 Kč)
     -15.3 %
Domestic Beer (1 pint draught) 3.50 €
(86.82 Kč)
2.42 €
(60.00 Kč)
     -30.9 %
Imported Beer (12 oz small bottle) 4.00 €
(99.22 Kč)
2.42 €
(60.00 Kč)
     -39.5 %
Cappuccino (regular) 2.42 €
(60.13 Kč)
2.89 €
(71.65 Kč)
     +19.2 %
Coke/Pepsi (12 oz small bottle) 2.50 €
(61.98 Kč)
1.53 €
(38.07 Kč)
     -38.6 %
Water (12 oz small bottle) 1.67 €
(41.46 Kč)
1.38 €
(34.27 Kč)
     -17.3 %
Markets
Madrid Edit Prague Edit
Milk (regular), (1 gallon) 4.03 €
(99.87 Kč)
3.63 €
(89.95 Kč)
     -9.9 %
Loaf of Fresh White Bread (1 lb) 1.45 €
(36.08 Kč)
1.29 €
(32.10 Kč)
     -11.0 %
Rice (white), (1 lb) 0.68 €
(16.81 Kč)
0.96 €
(23.91 Kč)
     +42.3 %
Eggs (regular) (12) 2.79 €
(69.09 Kč)
2.41 €
(59.80 Kč)
     -13.4 %
Local Cheese (1 lb) 6.42 €
(159.35 Kč)
5.19 €
(128.69 Kč)
     -19.2 %
Chicken Fillets (1 lb) 3.58 €
(88.72 Kč)
3.77 €
(93.64 Kč)
     +5.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.53 €
(162.03 Kč)
5.31 €
(131.66 Kč)
     -18.7 %
Apples (1 lb) 1.06 €
(26.18 Kč)
0.71 €
(17.52 Kč)
     -33.1 %
Banana (1 lb) 0.82 €
(20.38 Kč)
0.69 €
(16.99 Kč)
     -16.6 %
Oranges (1 lb) 0.89 €
(22.15 Kč)
0.88 €
(21.77 Kč)
     -1.7 %
Tomato (1 lb) 1.04 €
(25.86 Kč)
1.32 €
(32.74 Kč)
     +26.6 %
Potato (1 lb) 0.67 €
(16.60 Kč)
0.53 €
(13.13 Kč)
     -20.9 %
Onion (1 lb) 0.71 €
(17.59 Kč)
0.55 €
(13.63 Kč)
     -22.5 %
Lettuce (1 head) 1.22 €
(30.26 Kč)
1.28 €
(31.85 Kč)
     +5.3 %
Water (1.5 liter bottle) 0.90 €
(22.39 Kč)
0.66 €
(16.35 Kč)
     -27.0 %
Bottle of Wine (Mid-Range) 6.00 €
(148.83 Kč)
6.05 €
(150.00 Kč)
     +0.8 %
Domestic Beer (0.5 liter bottle) 1.22 €
(30.27 Kč)
0.93 €
(23.09 Kč)
     -23.7 %
Imported Beer (12 oz small bottle) 1.86 €
(46.26 Kč)
1.63 €
(40.38 Kč)
     -12.7 %
Cigarettes 20 Pack (Marlboro) 5.65 €
(140.15 Kč)
6.05 €
(150.00 Kč)
     +7.0 %
Transportation
Madrid Edit Prague Edit
One-way Ticket (Local Transport) 1.50 €
(37.21 Kč)
1.21 €
(30.00 Kč)
     -19.4 %
Monthly Pass (Regular Price) 50.00 €
(1,240.23 Kč)
22.17 €
(550.00 Kč)
     -55.7 %
Taxi Start (Normal Tariff) 3.12 €
(77.51 Kč)
2.02 €
(50.00 Kč)
     -35.5 %
Taxi 1 mile (Normal Tariff) 2.09 €
(51.89 Kč)
1.91 €
(47.48 Kč)
     -8.5 %
Taxi 1hour Waiting (Normal Tariff) 22.25 €
(551.90 Kč)
14.51 €
(360.00 Kč)
     -34.8 %
Gasoline (1 gallon) 6.26 €
(155.38 Kč)
5.94 €
(147.33 Kč)
     -5.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(827,605.27 Kč)
24,793.79 €
(615,000.00 Kč)
     -25.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(685,096.35 Kč)
25,860.66 €
(641,463.16 Kč)
     -6.4 %
Utilities (Monthly)
Madrid Edit Prague Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 148.90 €
(3,693.47 Kč)
281.57 €
(6,984.33 Kč)
     +89.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.53 €
(385.17 Kč)
26.50 €
(657.41 Kč)
     +70.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.06 €
(770.39 Kč)
19.99 €
(495.87 Kč)
     -35.6 %
Sports And Leisure
Madrid Edit Prague Edit
Fitness Club, Monthly Fee for 1 Adult 44.75 €
(1,110.01 Kč)
56.65 €
(1,405.29 Kč)
     +26.6 %
Tennis Court Rent (1 Hour on Weekend) 13.23 €
(328.07 Kč)
15.46 €
(383.46 Kč)
     +16.9 %
Cinema, International Release, 1 Seat 10.00 €
(248.05 Kč)
10.08 €
(250.00 Kč)
     +0.8 %
Childcare
Madrid Edit Prague Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 501.60 €
(12,441.98 Kč)
667.24 €
(16,550.56 Kč)
     +33.0 %
International Primary School, Yearly for 1 Child 9,214.29 €
(228,556.61 Kč)
10,861.37 €
(269,411.76 Kč)
     +17.9 %
Clothing And Shoes
Madrid Edit Prague Edit
1 Pair of Jeans (Levis 501 Or Similar) 77.51 €
(1,922.69 Kč)
77.62 €
(1,925.42 Kč)
     +0.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 31.33 €
(777.20 Kč)
36.56 €
(906.87 Kč)
     +16.7 %
1 Pair of Nike Running Shoes (Mid-Range) 80.51 €
(1,997.09 Kč)
90.32 €
(2,240.34 Kč)
     +12.2 %
1 Pair of Men Leather Business Shoes 92.28 €
(2,288.87 Kč)
106.63 €
(2,644.84 Kč)
     +15.6 %
Rent Per Month
Madrid Edit Prague Edit
Apartment (1 bedroom) in City Centre 1,265.69 €
(31,394.83 Kč)
982.91 €
(24,380.78 Kč)
     -22.3 %
Apartment (1 bedroom) Outside of Centre 913.40 €
(22,656.62 Kč)
720.95 €
(17,882.98 Kč)
     -21.1 %
Apartment (3 bedrooms) in City Centre 2,173.53 €
(53,913.51 Kč)
1,807.81 €
(44,842.11 Kč)
     -16.8 %
Apartment (3 bedrooms) Outside of Centre 1,575.56 €
(39,081.02 Kč)
1,280.00 €
(31,750.00 Kč)
     -18.8 %
Buy Apartment Price
Madrid Edit Prague Edit
Price per Square Feet to Buy Apartment in City Centre 432.40 €
(10,725.55 Kč)
639.71 €
(15,867.86 Kč)
     +47.9 %
Price per Square Feet to Buy Apartment Outside of Centre 250.65 €
(6,217.33 Kč)
447.42 €
(11,098.05 Kč)
     +78.5 %
Salaries And Financing
Madrid Edit Prague Edit
Average Monthly Net Salary (After Tax) 2,315.52 €
(57,435.63 Kč)
1,702.02 €
(42,217.88 Kč)
     -26.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.80 5.82      +108.2 %
Last update: May 2024May 2024
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