Cost of Living Comparison Between Helsinki and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 24.4% lower than in Helsinki (without rent) | |
| Consumer Prices Including Rent in Madrid are 13.5% lower than in Helsinki | |
| Rent Prices in Madrid are 17.6% higher than in Helsinki | |
| Restaurant Prices in Madrid are 26.4% lower than in Helsinki | |
| Groceries Prices in Madrid are 26.5% lower than in Helsinki | |
| Local Purchasing Power in Madrid is 1.8% higher than in Helsinki | |
Restaurants | Helsinki Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 € | 14.00 € | -6.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 90.00 € | 60.00 € | -33.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 € | 9.00 € | -10.0 % |
| Domestic Beer (1 pint draught) | 8.00 € | 3.48 € | -56.6 % |
| Imported Beer (12 oz small bottle) | 8.00 € | 3.50 € | -56.2 % |
| Cappuccino (regular) | 4.49 € | 2.32 € | -48.3 % |
| Coke/Pepsi (12 oz small bottle) | 2.65 € | 2.38 € | -10.0 % |
| Water (12 oz small bottle) | 1.82 € | 1.54 € | -15.8 % |
Markets | Helsinki Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) | 4.35 € | 4.03 € | -7.3 % |
| Loaf of Fresh White Bread (1 lb) | 2.57 € | 1.32 € | -48.5 % |
| Rice (white), (1 lb) | 1.16 € | 0.66 € | -43.3 % |
| Eggs (regular) (12) | 2.92 € | 2.78 € | -4.9 % |
| Local Cheese (1 lb) | 3.57 € | 5.86 € | +64.2 % |
| Chicken Fillets (1 lb) | 5.20 € | 3.42 € | -34.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.58 € | 6.16 € | -35.7 % |
| Apples (1 lb) | 1.03 € | 1.01 € | -2.0 % |
| Banana (1 lb) | 0.79 € | 0.80 € | +1.7 % |
| Oranges (1 lb) | 0.98 € | 0.81 € | -16.6 % |
| Tomato (1 lb) | 1.80 € | 1.04 € | -42.4 % |
| Potato (1 lb) | 0.55 € | 0.62 € | +13.9 % |
| Onion (1 lb) | 0.82 € | 0.67 € | -18.0 % |
| Lettuce (1 head) | 1.92 € | 1.21 € | -37.1 % |
| Water (1.5 liter bottle) | 1.76 € | 0.88 € | -49.8 % |
| Bottle of Wine (Mid-Range) | 14.90 € | 6.00 € | -59.7 % |
| Domestic Beer (0.5 liter bottle) | 2.68 € | 1.14 € | -57.3 % |
| Imported Beer (12 oz small bottle) | 3.11 € | 1.80 € | -42.0 % |
| Cigarettes 20 Pack (Marlboro) | 10.20 € | 5.62 € | -44.9 % |
Transportation | Helsinki Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) | 3.05 € | 1.50 € | -50.8 % |
| Monthly Pass (Regular Price) | 67.00 € | 40.00 € | -40.3 % |
| Taxi Start (Normal Tariff) | 6.75 € | 3.00 € | -55.6 % |
| Taxi 1 mile (Normal Tariff) | 1.97 € | 1.93 € | -2.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 56.40 € | 22.00 € | -61.0 % |
| Gasoline (1 gallon) | 7.23 € | 6.22 € | -13.9 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,245.00 € | 33,365.00 € | +3.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 33,916.11 € | 27,619.74 € | -18.6 % |
Utilities (Monthly) | Helsinki Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 106.27 € | 138.91 € | +30.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 24.26 € | 13.73 € | -43.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 19.02 € | 29.56 € | +55.4 % |
Sports And Leisure | Helsinki Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 42.56 € | 43.33 € | +1.8 % |
| Tennis Court Rent (1 Hour on Weekend) | 27.22 € | 9.80 € | -64.0 % |
| Cinema, International Release, 1 Seat | 17.00 € | 10.00 € | -41.2 % |
Childcare | Helsinki Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 309.77 € | 489.04 € | +57.9 % |
| International Primary School, Yearly for 1 Child | 8,742.80 € | 9,061.90 € | +3.6 % |
Clothing And Shoes | Helsinki Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 80.53 € | 67.13 € | -16.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 30.07 € | 27.32 € | -9.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 71.04 € | 74.79 € | +5.3 % |
| 1 Pair of Men Leather Business Shoes | 94.09 € | 81.70 € | -13.2 % |
Rent Per Month | Helsinki Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre | 990.85 € | 1,206.55 € | +21.8 % |
| Apartment (1 bedroom) Outside of Centre | 789.97 € | 880.64 € | +11.5 % |
| Apartment (3 bedrooms) in City Centre | 1,756.20 € | 2,096.55 € | +19.4 % |
| Apartment (3 bedrooms) Outside of Centre | 1,291.15 € | 1,495.87 € | +15.9 % |
Buy Apartment Price | Helsinki Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 688.38 € | 411.50 € | -40.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 402.79 € | 236.31 € | -41.3 % |
Salaries And Financing | Helsinki Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) | 2,796.63 € | 2,463.85 € | -11.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.60 | 2.48 | -31.1 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 221 | 585 |
Moving to Helsinki? Explore:
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Cities near Helsinki: | Cost of Living in Espoo | 13.21 miles |
| Cost of Living in Hameenlinna | 63.23 miles |
| Cost of Living in Lahti | 64.66 miles |
| Cost of Living in Turku | 104.08 miles |
| Cost of Living in Tampere | 110.85 miles |
| Cost of Living in Lappeenranta | 139.27 miles |
| Cost of Living in Jyvaskyla | 167.57 miles |
| Cost of Living in Seinajoki | 223.59 miles |
| Cost of Living in Kuopio | 242.82 miles |
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |