Cost of living comparison
Taipei is 1.2% more expensive than Madrid.
If you lived in Taipei instead of Madrid, you would:
pay 54.4% less for restaurants
Madrid
|
Taipei
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$13.19
€12.32
|
$5.92
NT$192.77
|
|
Fast food combo meal
McDonalds, or similar
|
$8.80
€8.22
|
$4.93
NT$160.64
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.53
€2.36
|
$1.07
NT$34.85
|
|
Bottle of water (11 fl. oz) |
$1.74
€1.62
|
$0.68
NT$22.18
|
|
pay 63.8% more for groceries
Madrid
|
Taipei
|
||
---|---|---|---|
Bread
1 loaf
|
$1.25
€1.17
|
$2.01
NT$65.61
|
|
Local cheese (8 oz) |
$5.92
€5.53
|
$8.55
NT$278.28
|
|
Milk (1 gallon) |
$3.90
€3.65
|
$11.77
NT$383.42
|
|
Eggs
1 dozen
|
$2.69
€2.51
|
$3.41
NT$111.12
|
|
Boneless chicken breast (1 lb) |
$3.74
€3.50
|
$4.21
NT$136.96
|
|
Apples (1 lb) |
$1.08
€1.01
|
$2.13
NT$69.23
|
|
Bananas (1 lb) |
$0.98
€0.91
|
$1.02
NT$33.07
|
|
Oranges (1 lb) |
$0.86
€0.80
|
$1.28
NT$41.55
|
|
Tomatoes (1 lb) |
$1.03
€0.96
|
$1.63
NT$53.05
|
|
Potatoes (1 lb) |
$0.67
€0.63
|
$1.29
NT$42.08
|
|
Onions (1 lb) |
$0.74
€0.69
|
$1.15
NT$37.60
|
|
pay 22.7% less for transportation
Madrid
|
Taipei
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.44
€6.95
|
$3.89
NT$126.59
|
|
Monthly public transit pass |
$59.37
€55.46
|
$42.09
NT$1,370.83
|
|
New Volkswagen Golf 1.4 (standard edition) |
$27,693.49
€25,868.65
|
$32,885.97
NT$1,070,964.54
|
|
Taxi trip in downtown area (5 miles) |
$13.63
€12.73
|
$9.21
NT$299.87
|
|
pay 39.9% less for housing
Madrid
|
Taipei
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$34.19
€31.93
|
$26.10
NT$849.84
|
|
1-Bedroom apartment in downtown area |
$1,094.67
€1,022.54
|
$624.83
NT$20,348.33
|
|
1-Bedroom apartment outside city center |
$816.29
€762.50
|
$417.75
NT$13,604.60
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$125.07
€116.83
|
$69.55
NT$2,264.87
|
|
pay 49.7% more for childcare
Madrid
|
Taipei
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$529.47
€494.58
|
$689.69
NT$22,460.51
|
|
Middle school for 1 child, two semesters |
$9,499.24
€8,873.30
|
$16,064.75
NT$523,164.51
|
|
pay 1.9% less for entertainment and sports
Madrid
|
Taipei
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$3.30
€3.08
|
$2.14
NT$69.61
|
|
Cappuccino in mid-range area |
$2.17
€2.03
|
$3.21
NT$104.61
|
|
Pack of cigarettes
Marlboro or similar
|
$5.61
€5.24
|
$4.28
NT$139.23
|
|
Monthly membership at local gym |
$41.71
€38.96
|
$39.68
NT$1,292.34
|
|
Movie ticket to theater/cinema |
$9.90
€9.24
|
$10.52
NT$342.71
|
|
pay 13.5% more for clothing
Madrid
|
Taipei
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$67.45
€63.01
|
$82.51
NT$2,687.17
|
|
Regular dress
from H&M or similar store
|
$35.01
€32.71
|
$30.23
NT$984.34
|
|
Running shoes
Nike or Adidas
|
$76.87
€71.81
|
$94.58
NT$3,080.15
|
|
Men's business shoes (leather) |
$94.21
€88.00
|
$115.17
NT$3,750.52
|
|
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