Cost of Living in Incheon vs Madrid comparison
Incheon, South Korea
Discover Incheon, a charming South Korea city with 2,936,117 friendly residents and a comfortable median salary of $2257.39. Indulge in delectable meals at local restaurants for just $60, find great bargains at the markets with prices averaging $109, and rest easy knowing that childcare costs around $20266annually. Stay stylish with a budget of $283for clothing, and rent a cozy home for $3099per month. Plus, the city's average salary is $2257.39, ensuring a good quality of life. Experience Dubna, where affordability meets a warm welcome.
Madrid, Spain
Explore the enchanting city of Madrid, Spain, home to 3,305,408 friendly residents and a median salary of $2666.07, making it an inviting destination. Savor mouthwatering dishes at local restaurants for just $90, discover incredible deals at markets with average prices of $74, and have peace of mind with childcare costs totaling around $9630annually. Keep your wardrobe stylish on a $234budget and secure a comfortable residence for $5459per month. Additionally, Madrid boasts an average salary of $2666.07, ensuring a high quality of life.
|
Restaurants |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Meal, Inexpensive Restaurant |
6.89 $ | 14.11 $ | -51 % |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
34.43 $ | 54.27 $ | -36 % |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
5.55 $ | 8.68 $ | -36 % |
|
Domestic Beer (1 pint draught) |
3.06 $ | 3.26 $ | -6 % |
|
Imported Beer (12 oz small bottle) |
4.59 $ | 3.8 $ | 20 % |
|
Cappuccino (regular) |
3.52 $ | 2.17 $ | 62 % |
|
Coke/Pepsi (12 oz small bottle) |
1.58 $ | 2.48 $ | -36 % |
|
Water (12 oz small bottle) |
0.76 $ | 1.64 $ | -53 % |
|
Markets |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Milk (regular), (1 gallon) |
2.19 $ | 1.13 $ | 93 % |
|
Loaf of Fresh White Bread (1 lb) |
3.09 $ | 1.66 $ | 86 % |
|
Rice (white), (1 lb) |
3.72 $ | 1.59 $ | 133 % |
|
Eggs (regular) (12) |
3.41 $ | 2.96 $ | 15 % |
|
Local Cheese (1 lb) |
12.56 $ | 14.62 $ | -14 % |
|
Chicken Fillets (1 lb) |
8.61 $ | 8.12 $ | 6 % |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
21.4 $ | 15.03 $ | 42 % |
|
Apples (1 lb) |
4.82 $ | 2.58 $ | 86 % |
|
Banana (1 lb) |
3.81 $ | 1.97 $ | 93 % |
|
Oranges (1 lb) |
6.15 $ | 1.86 $ | 230 % |
|
Tomato (1 lb) |
6.38 $ | 2.58 $ | 147 % |
|
Potato (1 lb) |
3.19 $ | 1.48 $ | 115 % |
|
Onion (1 lb) |
1.91 $ | 1.58 $ | 20 % |
|
Lettuce (1 head) |
2.04 $ | 1.23 $ | 65 % |
|
Water (1.5 liter bottle) |
1.12 $ | 0.9 $ | 24 % |
|
Bottle of Wine (Mid-Range) |
16.83 $ | 6.16 $ | 173 % |
|
Domestic Beer (0.5 liter bottle) |
2.3 $ | 1.23 $ | 86 % |
|
Imported Beer (12 oz small bottle) |
2.81 $ | 1.86 $ | 51 % |
|
Cigarettes 20 Pack (Marlboro) |
3.44 $ | 5.81 $ | -40 % |
|
Transportation |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
One-way Ticket (Local Transport) |
1.05 $ | 1.63 $ | -35 % |
|
Monthly Pass (Regular Price) |
38.26 $ | 44.5 $ | -14 % |
|
Taxi Start (Normal Tariff) |
3.67 $ | 3.8 $ | -3 % |
|
Taxi 1 mile (Normal Tariff) |
0.57 $ | 1.11 $ | -48 % |
|
Taxi 1hour Waiting (Normal Tariff) |
8.26 $ | 23.88 $ | -65 % |
|
Gasoline (1 gallon) |
1.33 $ | 1.78 $ | -25 % |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28872.42 $ | 31477.43 $ | -8 % |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
18017.2 $ | 27914.08 $ | -35 % |
|
Utilities (Monthly) |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
185.29 $ | 132.03 $ | 40 % |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- | -- | -- |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
22.45 $ | 31.64 $ | -29 % |
|
Sports And Leisure |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
36.73 $ | 43.11 $ | -14 % |
|
Tennis Court Rent (1 Hour on Weekend) |
38.26 $ | 11.76 $ | 225 % |
|
Cinema, International Release, 1 Seat |
11.48 $ | 9.77 $ | 17 % |
|
Childcare |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
383.16 $ | 528.41 $ | -27 % |
|
International Primary School, Yearly for 1 Child |
19882.9 $ | 9102.09 $ | 118 % |
|
Clothing And Shoes |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
62.49 $ | 56.0 $ | 11 % |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
39.28 $ | 26.02 $ | 50 % |
|
1 Pair of Nike Running Shoes (Mid-Range) |
74.61 $ | 73.75 $ | 1 % |
|
1 Pair of Men Leather Business Shoes |
107.13 $ | 78.39 $ | 36 % |
|
Rent Per Month |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Apartment (1 bedroom) in City Centre |
401.74 $ | 1201.03 $ | -66 % |
|
Apartment (1 bedroom) Outside of Centre |
286.96 $ | 859.75 $ | -66 % |
|
Apartment (3 bedrooms) in City Centre |
1479.42 $ | 1979.71 $ | -25 % |
|
Apartment (3 bedrooms) Outside of Centre |
931.01 $ | 1419.49 $ | -34 % |
|
Buy Apartment Price |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
8695.65 $ | 4338.9 $ | 100 % |
|
Price per Square Feet to Buy Apartment Outside of Centre |
7652.18 $ | 2685.89 $ | 184 % |
|
Salaries And Financing |
Incheon |
Madrid |
Difference |
|---|---|---|---|
|
Average Monthly Net Salary (After Tax) |
2257.39 $ | 2666.07 $ | -15 % |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
3.53 % | 1.98 % | 78 % |