Cost of Living Comparison Between Helsinki and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 20.6% lower than in Helsinki (without rent) | |
| Cost of Living Including Rent in Madrid is 8.7% lower than in Helsinki | |
| Rent Prices in Madrid are 24.4% higher than in Helsinki | |
| Restaurant Prices in Madrid are 22.8% lower than in Helsinki | |
| Groceries Prices in Madrid are 23.3% lower than in Helsinki | |
| Local Purchasing Power in Madrid is 13.0% lower than in Helsinki | |
Restaurants | Helsinki Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 € | 15.00 € | 0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 90.00 € | 60.00 € | -33.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 € | 10.00 € | 0.0 % |
| Domestic Beer (1 pint draught) | 8.00 € | 3.50 € | -56.2 % |
| Imported Beer (12 oz small bottle) | 8.00 € | 4.00 € | -50.0 % |
| Cappuccino (regular) | 4.46 € | 2.41 € | -45.9 % |
| Coke/Pepsi (12 oz small bottle) | 2.64 € | 2.54 € | -3.9 % |
| Water (12 oz small bottle) | 1.81 € | 1.66 € | -8.5 % |
Markets | Helsinki Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) | 4.43 € | 4.00 € | -9.7 % |
| Loaf of Fresh White Bread (1 lb) | 2.57 € | 1.40 € | -45.5 % |
| Rice (white), (1 lb) | 1.17 € | 0.66 € | -43.2 % |
| Eggs (regular) (12) | 2.95 € | 2.81 € | -4.5 % |
| Local Cheese (1 lb) | 3.52 € | 6.51 € | +84.9 % |
| Chicken Fillets (1 lb) | 5.28 € | 3.54 € | -32.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.58 € | 6.47 € | -32.5 % |
| Apples (1 lb) | 1.03 € | 1.05 € | +2.1 % |
| Banana (1 lb) | 0.79 € | 0.83 € | +4.9 % |
| Oranges (1 lb) | 0.98 € | 0.88 € | -9.5 % |
| Tomato (1 lb) | 1.78 € | 1.02 € | -42.8 % |
| Potato (1 lb) | 0.55 € | 0.68 € | +23.9 % |
| Onion (1 lb) | 0.82 € | 0.70 € | -15.2 % |
| Lettuce (1 head) | 1.94 € | 1.19 € | -38.4 % |
| Water (1.5 liter bottle) | 1.80 € | 0.89 € | -50.5 % |
| Bottle of Wine (Mid-Range) | 14.00 € | 6.00 € | -57.1 % |
| Domestic Beer (0.5 liter bottle) | 2.68 € | 1.22 € | -54.4 % |
| Imported Beer (12 oz small bottle) | 3.19 € | 1.93 € | -39.5 % |
| Cigarettes 20 Pack (Marlboro) | 10.20 € | 5.62 € | -44.9 % |
Transportation | Helsinki Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) | 3.00 € | 1.50 € | -50.0 % |
| Monthly Pass (Regular Price) | 66.60 € | 52.00 € | -21.9 % |
| Taxi Start (Normal Tariff) | 6.60 € | 3.12 € | -52.7 % |
| Taxi 1 mile (Normal Tariff) | 1.93 € | 2.09 € | +8.3 % |
| Taxi 1hour Waiting (Normal Tariff) | 56.40 € | 22.25 € | -60.5 % |
| Gasoline (1 gallon) | 7.23 € | 6.26 € | -13.3 % |
| 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 | 110.73 € | 145.88 € | +31.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 24.31 € | 15.14 € | -37.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 19.37 € | 30.64 € | +58.2 % |
Sports And Leisure | Helsinki Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 41.69 € | 44.88 € | +7.6 % |
| Tennis Court Rent (1 Hour on Weekend) | 27.06 € | 12.75 € | -52.9 % |
| 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 | 308.71 € | 506.67 € | +64.1 % |
| International Primary School, Yearly for 1 Child | 8,365.60 € | 9,214.29 € | +10.1 % |
Clothing And Shoes | Helsinki Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 86.48 € | 79.66 € | -7.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 30.41 € | 32.45 € | +6.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 73.04 € | 81.33 € | +11.4 % |
| 1 Pair of Men Leather Business Shoes | 95.17 € | 93.43 € | -1.8 % |
Rent Per Month | Helsinki Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre | 1,013.59 € | 1,308.16 € | +29.1 % |
| Apartment (1 bedroom) Outside of Centre | 810.88 € | 944.22 € | +16.4 % |
| Apartment (3 bedrooms) in City Centre | 1,794.63 € | 2,257.29 € | +25.8 % |
| Apartment (3 bedrooms) Outside of Centre | 1,323.85 € | 1,638.37 € | +23.8 % |
Buy Apartment Price | Helsinki Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 704.79 € | 462.78 € | -34.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 407.19 € | 260.88 € | -35.9 % |
Salaries And Financing | Helsinki Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) | 2,728.81 € | 2,168.05 € | -20.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.86 | 2.96 | -23.4 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 228 | 518 |
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 |