A Travel Price Comparison for Families, Couples, and Backpackers Taipei vs. Madrid for Vacations, Tours, and Honeymoons

Should you visit Taipei or Madrid?

Which is cheaper to visit? Which is more expensive for vacation?

Which city should you visit? Read on to compare the activities as well as the prices of travel for Taipei and Madrid. We'll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget, schedule, and interests. So, let's dig into it.

Where Should I go: Taipei or Madrid?

Taipei

Few cities in the world are full of more diverse opportunities than the cultural crosshairs city of Taipei. As the capital of Taiwan, this 300-year-old city is the financial, cultural and governmental center of Taiwan. Located in the northern part of the island between the Yangming Mountains and Central Mountains, this city of 2.6 million people is always ready to welcome more visitors.

Madrid

Madrid, the capital of Spain, overs visitors countless opportunities to experience Spain's culture, art, cuisine, and nightlife. It is the largest city in Spain, and as such has much to explore. The city is situated on the Iberian Peninsula on the Spanish central Castillian plateau. If you're flying into Spain, you'll likely fly into the Madrid airport as it's one of the largest airports in Europe. Madrid is well connected to the rest of Spain with planes, trains and buses, making it a popular place to visit for many travelers doing a European tour.

For some great organized tour ideas, see The Best Cultural Tours in Taiwan, The Best Tours for Seniors to Taiwan, The Best Contiki Tours to Spain, and The Best G Adventures Tours to Spain.


Which place is cheaper, Madrid or Taipei?

These are the overall average travel costs for the two destinations.

The average daily cost (per person) in Taipei is $182, while the average daily cost in Madrid is $146. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each destination. What follows is a categorical breakdown of travel costs for Taipei and Madrid in more detail.



Accommodation
  • Accommodation Hotel or hostel for one person
    Taipei $146
    Madrid $83
  • Accommodation Typical double-occupancy room
    Taipei $292
    Madrid $166
Compare Hotels in Taipei and Madrid

Looking for a hotel in Taipei or Madrid? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.

Hotels in Taipei


Hotels in Madrid


Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.


Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Taipei Hotel Prices and Madrid Hotel Prices.

Local Transportation
  • Local Transportation Taxis, local buses, subway, etc.
    Taipei $10
    Madrid $20
Typical Local Transportation Prices in Taipei

Here are some examples of typical transportation prices from actual travelers in Taipei:


  • Easycard
    $2.01
  • Easycard
    $9.29

Hired Cars and Shuttles in Taipei

Also for Taipei, here are a few examples of actual transportation services:

  • Bruns 9 seater, charter tour, business transfer, airport transfer, round-the-island charter tour: $299
  • Modern nine-seater, Taiwan chartered tour, chartered day trip, round-the-island chartered car, airport transfer, hotel pick-up service: $254
  • Luxury Chartered Private Transfer Taoyuan Airport to Taipei City: $140
  • Private Transfer from Taoyuan Intl Airport to Taoyuan or Taipei city: $126
  • Taiwan Taoyuan Airport (TPE) to Keelung Cruise Port - RoundTrip Private Transfer: $116
  • Taoyuan airport to Yilan Private Transfer: $115
  • Private Transfer from Taipei Taoyuan Airport(TPE) to Hualien Port: $103
  • Taipei Private Transfer: Keelung Cruise Port to Hotel: $85
  • Taipei Taoyuan Airport TPE to Beitou New Taipei Arrival Transfer: $77
  • Private Transfer from Taipei Taoyuan Airport TPE to Taichung Port: $63
  • Taipei Arrival Private Transfer: Taoyuan International Airport to Hotel: $55
  • Taipei Departure Private Transfer: Hotel to Taoyuan International Airport: $55

Typical Local Transportation Prices in Madrid

Some typical examples of transportation costs in Madrid are as follows:


  • Taxi Ride
    $28

Hired Cars and Shuttles in Madrid

Also for Madrid, here are a few examples of actual transportation services:

  • Vehicle transfer with driver included in Madrid: $142
  • Try find your better than us ! Airport transfer service in Madrid APT-HTL (MAD): $61
  • Transfer to Madrid, travel calmly and comfortably: $145
  • Transfer to Barajas Airport from Madrid: $76
  • Transfer in private vehicle from Madrid City - Madrid Barajas Airport (MAD): $61
  • Transfer in private minivan from Madrid City - Madrid Barajas Airport (MAD): $75
  • Transfer in Private Vehicle from Madrid Barajas Airport (MAD) - Madrid City: $61
  • Transfer from Barajas Airport to Madrid: $95
  • Shuttle Transfer Arrivals: Madrid Airport to City Center: $140
  • Segovia: Full-Day Tour with Transfer to and from Madrid: $452
  • Roundtrip Transfer Private Vehicle Madrid Airport (MAD) - Madrid city: $121
  • Roundtrip Transfer Private Minivan Madrid Airport (MAD) - Madrid City: $149

Is it cheaper to fly into Taipei or Madrid?

Prices for flights to both Madrid and Taipei change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.





Food
  • Food Meals for one day
    Taipei $16
    Madrid $36
Typical Food Prices in Taipei

For Taipei, here are some examples of average food and meal prices for travelers:


  • EasyCard
    $15
  • Lunch at The Can
    $6.81
  • EasyCard
    $31
  • Lunch
    $2.94
  • Lunch
    $1.86
  • Dinner
    $6.19
  • Lunch
    $3.56
  • Lunch
    $4.65
  • Louisa coffee
    $2.94

Food Tours and Cooking Classes in Taipei

For Taipei, here are some samples of tours and activities related to meals and dining experiences:

  • Historic Night Market Food Tour with Tastings: $45
  • Ximending Vegan Food Tour Snack, Dessert & Main!: $46
  • Taipei Food Tour: Yongkang Street for Foodies: $58
  • Yansan Night Market Food Tour: $62
  • Turnip cake, Pork thick soup, Tofu pudding. Taiwan Traditional Light Meals Experience-C (Taipei Cooking Class): $65
  • Taipei Food Tour and Colorful Bubble Tea Making: $65
  • Xiao Long Bao, Pork thick soup, Bubble milk tea. Taiwan Traditional Light Meals Experience-B (Taipei Cooking Class): $65
  • Taipei Food Tour and Colorful Bubble Tea Making: $70
  • Pineapple Pastry with Egg Yolk, Longan Cake, High Mountain Oolong Tea. Taiwan Traditional Dessert Experience-D (Taipei Cooking Class): $70
  • Private Food Tour – 10 Tastings with Locals: $74
  • Backstreet Food Tour: Food, Culture, and Fun: $75
  • Xiao Long Bao, Chicken vermicelli with mushroom and sesame oil, Tofu strips salad, Bubble milk tea. Taiwan Traditional Delicacies Experience-A (Taipei Cooking Class): $77

Typical Food Prices in Madrid

Here are some examples of typical meal expenses from previous travelers to Madrid:


  • Coffee
    $2.14
  • Ice Cream
    $3.21
  • Kebabs (for 2)
    $17
  • Croissant
    $1.61
  • Lunch at Airport (for 2)
    $17

Food Tours and Cooking Classes in Madrid

For Madrid, here are some samples of tours and activities related to meals and dining experiences:

  • Paella and Sangria Workshop with Dinner and Drinks: $43
  • Tapas Crawl Food Tour with 6 Tapas and 4 Drinks: $53
  • San Miguel Market and Street Food Tour: $53
  • Tapas Dinner Party Food Tour with Guide: $53
  • Drunken Tapas Food Tour with Dinner in Madrid: $53
  • Tipsy Tapas Food Tour with Drinks and Food: $53
  • Madrid Tipsy Tapas Guided Food Tour with Dinner: $53
  • Madrid Tapas Dinner Party with Guide: $54
  • Traditional Paella & Sangría Workshop & Spanish Dinner in Madrid: $54
  • The Authentic Morning Madrid's Food Tour: $59
  • Opera and Zarzuela Show and Dinner: $61
  • Madrid San Miguel Market and City Center Street Food Tour: $63

Entertainment
  • Entertainment Entrance tickets, shows, etc.
    Taipei $17
    Madrid $36

Tours and Activities in Taipei

For Taipei, here are a few prices for actual activities, tours, and tickets provided by various companies:

  • 9 Hour Northeast Coast Bay View Tour in Yilan : $58
  • One-Day Historical and Heritage Tour in Taipei : $47
  • 1 Day Tour Northern Taiwan Coast Tour: $200
  • 1-day Tour to Sun Moon Lake from Taipei by High Speed Rail : $250
  • 2 Days Sun Moon Lake & Lukang Historic Area Tour: $232
  • 2-Day Private Tour to Sun Moon Lake and Mount Hehuan: $195
  • 2-Hour Private Walking Tour in Beitou, Taiwan: $55
  • 2-Hour Private Ximending Area Walking Tour: $35
  • 2-Hour Vegetarian Private Walking Tour - S.Y.S. Memorial Hall & 44 South Village: $58
  • 2-Hour Vegetarian Private Walking Tour - Xingtian Temple: $55
  • 3-hour Vegetarian Private Walking Tour - Songshan distric & taste lotus hot pot: $77
  • 3.5 hours Taipei City Tour (morning or afternoon ) : $44

Tours and Activities in Madrid

Also, here are some specific examples of entertainment, tickets, and activities for Madrid.

  • Madrid Photo Tour with Pro Photographer Lifestyle and Portrait: $82
  • Madrid Tour and Guided Visit Royal Palace: $76
  • Prado Museum and Madrid Royal Palace Morning Guided Tour: $71
  • Skip the Line Guided Tour Royal Palace Madrid: $72
  • Toledo with Cathedral from Madrid Full Day Tour: $134
  • Ávila & Segovia Day Tour from Madrid: $163
  • 1 Hour Private Tuk tuk Tour in Madrid: $98
  • 1 hour tour in Madrid in Tuk Tuk through the best of the city: $137
  • 1-Hour Private Flamenco Class in Madrid Experience: $45
  • 2 Hour Madrid Walking Tour : $4.37
  • 2-Hour Tour of the Madrid of Mysteries: $14
  • 2-Hour Walking Tour on the History of Islamic Medieval the origins: $38

Alcohol
  • Alcohol Drinks for one day
    Taipei $18
    Madrid $21

Sample the Local Flavors in Taipei

Here are a few nightlife and alcohol tours and activities from local tour providers in Taipei:

  • Taipei Nightlife: Taipei Pub Crawls (2 Different Routes): $30
  • Private Tour to Yilan Kavalan Whisky Distillery: $130
  • Private Tour Yilan Kavalan Whisky Distillery from Taipei : $207

Typical Alcohol Prices in Madrid

Some typical examples of the costs for nightlife and alcohol in Madrid are as follows:


  • Beer
    $5.36
  • Drinks and Tapas (for 2)
    $14

Sample the Local Flavors in Madrid

Some specific costs for nightlife related activities in Madrid:

  • Pub Crawl with Tapas and VIP Club Entry: $9.69
  • Visit to the Winery with Wine Tasting and Appetizers in Navarra: $12
  • Pub crawl & Party Tour Madrid: $14
  • Guided Pub Crawl Madrid Experience and Club Entry: $16
  • Pub Crawl Madrid Running since 2005 Bar Exploration: $16
  • Pub Crawl Madrid-The Original since 2005-Shots-Fun-Clubs-Dance: $16
  • Pub Crawl Madrid: $19
  • Wine Tasting near Plaza Mayor: $22
  • Wine Tasting Experience with 4 Spanish Wines: $26
  • Wine Tour with tasting in the Natural Park of La Mata: $38
  • Wine Tasting Experience: $50
  • Wine Tasting in Madrid Experience: $50


When we compare the travel costs of actual travelers between Taipei and Madrid, we can see that Taipei is more expensive. And not only is Madrid much less expensive, but it is actually a significantly cheaper destination. Since Taipei is in Asia and Madrid is in Europe, this is one of the main reasons why the costs are so different, as different regions of the world tend to have overall different travel costs. So, traveling to Madrid would let you spend less money overall. Or, you could decide to spend more money in Madrid and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Taipei would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Taipei than you might in Madrid.

If you're trying to decide if either of these two destinations are within your price range, also see Is Taipei Expensive? and Is Madrid Expensive?.


Which is Bigger, Taipei or Madrid?

Taipei has a larger population, and is about 3 times larger than the population of Madrid. When comparing the sizes of Taipei and Madrid, keep in mind that a larger population does not always imply the destination has more attractions or better activities. So, always research the type of place that you want to visit along with the activities and attractions that interest you.