Cost of living comparison

compared to

Ulsan vs. Madrid Cost of Living Summary

Ulsan is 20.8% cheaper than Madrid.

Restaurants
pay 68.5% less in Ulsan
Groceries
pay 46.9% more in Ulsan
Transportation
pay 39.9% less in Ulsan
Housing
pay 36.7% less in Ulsan
Childcare
pay 29.7% less in Ulsan
Entertainment and Sports
pay 22.2% less in Ulsan
Clothing
pay 4.2% more in Ulsan

The cost of groceries and clothing in Ulsan are more expensive than in Madrid. Expenses including restaurants, transportation, housing, childcare, and entertainment and sports are lower in Ulsan.

Ulsan vs. Madrid Cost Breakdown

If you lived in Ulsan instead of Madrid, you would:

pay 68.5% less for restaurants

 
Madrid
Ulsan
Basic meal with drink at inexpensive restaurant $18.10
€15.37
$6.37
₩9,203
Fast food combo meal
McDonalds, or similar
$11.68
€9.91
$4.56
₩6,596
Bottle of Coca-Cola (11 fl. oz) $3.13
€2.66
$1.06
₩1,534

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pay 46.9% more for groceries

 
Madrid
Ulsan
Bread
1 loaf
$1.71
€1.45
$2.12
₩3,068
Local cheese (8 oz) $7.25
€6.15
$5.09
₩7,363
Milk (1 gallon) $4.61
€3.91
$6.23
₩9,000

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pay 39.9% less for transportation

 
Madrid
Ulsan
Gasoline (1 gallon) $7.08
€6.01
$4.36
₩6,301
Monthly public transit pass $45.84
€38.91
??
New Volkswagen Golf 1.4 (standard edition) $38,541.72
€32,713.75
$26,696.92
₩39M

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pay 36.7% less for housing

 
Madrid
Ulsan
Internet connection
50 mbps or faster, cable/dsl
$34.54
€29.31
$28.30
₩40,904
1-Bedroom apartment in downtown area $1,540.98
€1,307.97
$265.33
₩383K
1-Bedroom apartment outside city center $1,118.82
€949.64
??

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pay 29.7% less for childcare

 
Madrid
Ulsan
Private preschool for 1 child, monthly $673.20
€571.40
$247.65
₩358K
Middle school for 1 child, two semesters $13,119.76
€11,135.89
$13,620.52
₩20M

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pay 22.2% less for entertainment and sports

 
Madrid
Ulsan
Domestic/local beer (1 pint) $4.50
€3.82
$2.48
₩3,579
Cappuccino in mid-range area $3.20
€2.72
$2.97
₩4,295
Pack of cigarettes
Marlboro or similar
$7.01
€5.95
$3.18
₩4,602

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pay 4.2% more for clothing

 
Madrid
Ulsan
Regular jeans
Levi's brand
$98.88
€83.93
$99.06
₩143K
Regular dress
from H&M or similar store
$41.27
€35.03
$61.91
₩89,477
Running shoes
Nike or Adidas
$107.49
€91.23
$76.06
₩110K

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: February 2026
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