Jeju vs Madrid

Cost of living comparison for 2026. Jeju is roughly 19% more affordable than Madrid (index 31 vs 38, New York = 100). Data sourced live via AI — updated regularly.

Jeju
More affordable overall
19% cheaper than Madrid · Cost index: 31 vs 38

Head-to-Head Stats

JejuvsMadrid
31✓Cost Index38
2,700Median Income /mo3,150✓
60Safety Index65✓
22✓Income Tax %25
85Internet (Mbps)95✓
180✓Coworking /mo250

Price Breakdown

JejuCategoryMadrid
$453/month
1-BR Apartment (Center)
63% cheaper →
$1,210/month
$2.15/liter
Meal for One
53% ← cheaper
$1/liter
$4.96/meal
Restaurant (Mid-range)
67% cheaper →
$15/meal
$65/month
Monthly Transit Pass
8% ← cheaper
$60/month
$130/month
Utilities (Monthly)
21% cheaper →
$165/month
$50/visit
Doctor Visit
29% cheaper →
$70/visit

Digital Nomad Profile

Jeju

Internet85 Mbps
Coworking$180/mo
Café WiFigood
Englishlow
Communitygrowing
Walkability65/100

Madrid

Internet95 Mbps
Coworking$250/mo
Café WiFiexcellent
Englishmoderate
Communitylarge
Walkability82/100

Frequently Asked Questions

Is Jeju cheaper than Madrid?

Jeju is cheaper than Madrid. Jeju has a cost of living index of 31/100 compared to 38/100 for Madrid (New York = 100), making it roughly 19% more affordable overall.

How much cheaper is Jeju than Madrid?

Jeju is approximately 19% cheaper than Madrid based on cost index scores (31 vs 38, where New York = 100). A person spending $3,000/month in Madrid could live a similar lifestyle for roughly $2,426/month in Jeju.

What is the rent comparison between Jeju and Madrid?

In Jeju, a 1-bedroom apartment in the city center costs approximately $453/month. In Madrid, the equivalent is around $1,210/month.

Which city is better for digital nomads — Jeju or Madrid?

Both cities have nomad infrastructure. Jeju offers 85 Mbps internet and coworking at ~$180/month. Madrid offers 95 Mbps and coworking at ~$250/month. Jeju has a cost advantage of 19%.

What is the average income in Jeju vs Madrid?

The median net monthly salary in Jeju is approximately $2,700 USD, compared to $3,150 USD in Madrid.

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