Last update: Oct 2026

Cost of Living Comparison Between Changwon and Madrid

For one person, living is cheaper in Changwon: $1,529 a month against $2,304 in Madrid, rent and utilities included – about $9,300 less a year. Higher rent and utilities in Madrid outweigh lower spending on other living expenses.

73

Cost of Living Index in Changwon
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Changwon Living Index
111

Cost of Living Index in Madrid
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Madrid Living Index

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Changwon

🇰🇷 South Korea

$1,529

/mo nomad

Madrid

🇪🇸 Spain

$2,304

/mo nomad

Monthly Cost of Living

How much you'll spend in Changwon and in Madrid

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Changwon and in Madrid actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,529 in Changwon versus $2,304 in Madrid.

Changwon $1,529
Madrid $2,304

Estimated couple costs with rent: $2,381 in Changwon versus $3,389 in Madrid.

Changwon $2,381
Madrid $3,389

Monthly costs for a family of three with rent: $3,233 in Changwon versus $4,475 in Madrid.

Changwon $3,233
Madrid $4,475

Living in Changwon costs roughly 34% less than in Madrid, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Changwon 12% above, Madrid 69% above.

Meal at Budget Restaurant

$7.34 ₩9,862

$17.73 €15.93

-58.60%

Three-Course Dinner for Two, Mid-Range

$27.81 ₩37.3K

$66.9 €60.1

-58.41%

Fast Food Meal (McDonalds, etc)

$5.34 ₩7,167

$11.30 €10.15

-52.74%

Cappuccino

$3.78 ₩5,079

$3.04 €2.73

24.34%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.87 ₩2,513

$3.36 €3.02

-44.35%

Water (0.33 liter bottle)

$1.01 ₩1,359

$2.35 €2.11

-57.02%

Local Beer (0.5 liter draught)

$3.02 ₩4,050

$3.89 €3.50

-22.37%

Imported Beer (0.33 liter bottle)

$4.37 ₩5,870

$4.80 €4.31

-8.96%

Milk (1 liter)

$2.35 ₩3,161

$1.32 €1.18

78.03%

White Bread (500g)

$3.24 ₩4,357

$1.64 €1.47

97.56%

Rice (white) (1kg)

$3.20 ₩4,303

$1.72 €1.55

86.05%

Eggs

$2.63 ₩3,538

$4.20 €3.78

-37.38%

Local Cheese (1kg)

$11.08 ₩14.9K

$15.91 €14.29

-30.36%

Chicken Fillets (1kg)

$10.52 ₩14.1K

$9.36 €8.41

12.39%

Beef Round Steak (1kg)

$25.38 ₩34.1K

$17.21 €15.46

47.47%

Apples (1kg)

$11.39 ₩15.3K

$2.56 €2.30

344.92%

Banana (1kg)

$3.73 ₩5,009

$2.09 €1.88

78.47%

Oranges (1kg)

$7.96 ₩10.7K

$2.55 €2.29

212.16%

Tomato (1kg)

$5.86 ₩7,874

$2.58 €2.32

127.13%

Potato (1kg)

$5.95 ₩7,991

$2.31 €2.08

157.58%

Onion (1kg)

$3.38 ₩4,535

$2.17 €1.95

55.76%

Lettuce (1 head)

$2.85 ₩3,831

$1.50 €1.35

90.00%

Water (1.5 liter bottle)

$1.32 ₩1,778

$1.07 €0.96

23.36%

Cigarettes 20 Pack (Marlboro, Camel)

$3.37 ₩4,520

$6.57 €5.90

-48.71%

Wine (Bottle)

$18.88 ₩25.4K

$7.87 €7.07

139.90%

Local Beer (0.5 liter bottle)

$2.47 ₩3,317

$1.21 €1.09

104.13%

Imported Beer (0.33 liter bottle)

$3.38 ₩4,539

$2.17 €1.95

55.76%

One-way Ticket (Public Transport)

$1.16 ₩1,558

$1.67 €1.50

-30.54%

Public Transport Monthly Pass (Regular Price)

$37.53 €33.71

Taxi Start (Normal Tariff)

$2.98 ₩4,008

$3.76 €3.38

-20.74%

Taxi (Normal Tariff) (1km)

$0.78 ₩1,052

$1.49 €1.34

-47.65%

Taxi 1hour Waiting (Normal Tariff)

$16.79 ₩22.5K

$30.17 €27.10

-44.35%

Gasoline (1 liter)

$1.36 ₩1,830

$1.85 €1.66

-26.49%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$39.0K ₩52.4M

$33.9K €30.4K

15.18%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$33.9K ₩45.6M

$33.3K €29.9K

1.83%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$200 ₩268.3K

$192 €172

4.32%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$36.15 ₩48.5K

$17.66 €15.86

104.70%

Internet (50+ Mbps, Unlimited Data)

$27.46 ₩36.9K

$35.07 €31.51

-21.70%

Gym Membership (Monthly)

$53.3 ₩71.6K

$47.27 €42.46

12.84%

Tennis Court (1 Hour on Weekend)

$14.13 ₩19.0K

$18.23 €16.37

-22.49%

Cinema Ticket

$11.29 ₩15.2K

$11.29 €10.14

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$646 ₩867.1K

$687 €617

-6.01%

International Primary School, 1 Child (Yearly)

$21.5K ₩28.8M

$18.0K €16.2K

19.41%

Jeans (Levis 501 Or Similar)

$104 ₩140.3K

$86.5 €77.7

20.73%

Summer Dress (H&M, Zara, etc)

$65.5 ₩88.0K

$41.65 €37.41

57.31%

Sport Shoes (Adidas, Nike)

$92.3 ₩124.0K

$108 €97.1

-14.58%

Men's Leather Business Shoes

$129 ₩172.6K

$112 €100

15.18%

1-bedroom Apartment, City Center (Monthly)

$484 ₩649.8K

$1,508 €1,355

-67.91%

1-bedroom Apartment, Outside City Center (Monthly)

$356 ₩478.0K

$1,210 €1,087

-70.57%

3-bedroom Apartment, City Center (Monthly)

$1,160 ₩1.6M

$2,829 €2,541

-59.00%

3-bedroom Apartment, Outside City Center (Monthly)

$756 ₩1.0M

$2,004 €1,800

-62.29%

Buy Apartment in City Center (m2)

$7,009 ₩9.4M

$9,002 €8,086

-22.14%

Buy Apartment Outside City Center (m2)

$5,457 ₩7.3M

$4,710 €4,231

15.88%

Average Monthly Net Salary (After Tax)

$1,713 ₩2.3M

$2,453 €2,204

-30.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

3.14

34.39%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Changwon: October 26, 2026

Last update for Madrid: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Changwon

$491 32.1%

Madrid

$304 13.2% 38% $186

Accommodation & Living

Changwon

$356 23.3%

Madrid

$1.2K 52.5% 240% $854

Monthly Utilities & Internet

Changwon

$263 17.2%

Madrid

$244 10.6% 7.3% $19

Clothing & Footwear

Changwon

$176 11.5%

Madrid

$157 6.8% 11% $19

Eating Out

Changwon

$156 10.2%

Madrid

$264 11.5% 69.9% $109

Sport & Entertainment

Changwon

$76 5%

Madrid

$70 3% 8% $6.1

Getting Around

Changwon

$12 * 0.8%

Madrid

$55 2.4% 380% $44

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $484 in Changwon and $1,508 in Madrid. Housing cost is often the main lever when comparing two cities.

Madrid pays 43% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $28 in Changwon vs $67 in Madrid. Groceries flip the comparison at $491 vs $304, with Madrid cheaper for home cooking.

Good to know

🇰🇷 Changwon

🇪🇸 Madrid

🕒 Local time

05:26 5:26 AM

21:26 9:26 PM

8 h behind Changwon

🌤 Weather

👥 Population

1,055,839

3,332,035 Capital

💱 Currency

South Korean Won KRW ₩

Euro EUR €

📈 Exchange rate

10,000 KRW = 7.45 USD

10,000 KRW = 6.69 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 28, 2026: 1 USD = 1,343 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to KRW in detail →

On the map

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Between locations

Changwon Madrid 10,300 km ≈ 13 h nonstop flight

From you

Changwon
Madrid

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Changwon vs Madrid: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $1,529 in Changwon and $2,304 in Madrid, so Changwon is about 34% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 30% lower in Changwon. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $484 in Changwon versus $1,508 in Madrid. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Madrid pay roughly 38% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $1,529 per month in Changwon versus $2,304 in Madrid – Changwon is about 34% cheaper, which adds up to real savings over time.

At $1,529 in Changwon versus $2,304 in Madrid, a $2,000 budget is realistic in Changwon but tight or insufficient in Madrid. The gap between the two cities makes Changwon the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Changwon and Madrid are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Changwon wins on affordability, Madrid on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.