Cost of Living Comparison Between Madrid and Copenhagen 

Indices DifferenceInfo
Cost of Living in Copenhagen is 40.8% higher than in Madrid (without rent)
Cost of Living Including Rent in Copenhagen is 33.1% higher than in Madrid
Rent Prices in Copenhagen are 19.6% higher than in Madrid
Restaurant Prices in Copenhagen are 61.2% higher than in Madrid
Groceries Prices in Copenhagen are 30.5% higher than in Madrid
Local Purchasing Power in Copenhagen is 30.1% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Copenhagen Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(111.96 kr)
20.10 €
(150.00 kr)
     +34.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(447.84 kr)
107.18 €
(800.00 kr)
     +78.6 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(74.64 kr)
13.60 €
(101.50 kr)
     +36.0 %
Domestic Beer (1 pint draught) 3.50 €
(26.12 kr)
8.04 €
(60.00 kr)
     +129.7 %
Imported Beer (12 oz small bottle) 4.00 €
(29.86 kr)
8.04 €
(60.00 kr)
     +101.0 %
Cappuccino (regular) 2.44 €
(18.18 kr)
5.88 €
(43.88 kr)
     +141.4 %
Coke/Pepsi (12 oz small bottle) 2.60 €
(19.38 kr)
3.40 €
(25.37 kr)
     +30.9 %
Water (12 oz small bottle) 1.70 €
(12.71 kr)
2.67 €
(19.95 kr)
     +57.0 %
Markets
Madrid Edit Copenhagen Edit
Milk (regular), (1 gallon) 4.03 €
(30.10 kr)
6.90 €
(51.48 kr)
     +71.0 %
Loaf of Fresh White Bread (1 lb) 1.45 €
(10.83 kr)
2.98 €
(22.27 kr)
     +105.7 %
Rice (white), (1 lb) 0.66 €
(4.96 kr)
1.15 €
(8.59 kr)
     +73.1 %
Eggs (regular) (12) 2.82 €
(21.05 kr)
4.40 €
(32.87 kr)
     +56.2 %
Local Cheese (1 lb) 6.47 €
(48.26 kr)
5.17 €
(38.59 kr)
     -20.0 %
Chicken Fillets (1 lb) 3.66 €
(27.33 kr)
4.72 €
(35.22 kr)
     +28.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.48 €
(48.38 kr)
7.02 €
(52.41 kr)
     +8.3 %
Apples (1 lb) 1.06 €
(7.90 kr)
1.29 €
(9.64 kr)
     +22.1 %
Banana (1 lb) 0.84 €
(6.24 kr)
1.22 €
(9.13 kr)
     +46.4 %
Oranges (1 lb) 0.91 €
(6.82 kr)
1.36 €
(10.17 kr)
     +49.1 %
Tomato (1 lb) 1.04 €
(7.76 kr)
1.83 €
(13.64 kr)
     +75.7 %
Potato (1 lb) 0.69 €
(5.14 kr)
0.91 €
(6.82 kr)
     +32.7 %
Onion (1 lb) 0.70 €
(5.21 kr)
0.83 €
(6.21 kr)
     +19.3 %
Lettuce (1 head) 1.21 €
(9.00 kr)
1.81 €
(13.54 kr)
     +50.4 %
Water (1.5 liter bottle) 0.88 €
(6.55 kr)
1.45 €
(10.84 kr)
     +65.5 %
Bottle of Wine (Mid-Range) 6.50 €
(48.52 kr)
9.38 €
(70.00 kr)
     +44.3 %
Domestic Beer (0.5 liter bottle) 1.23 €
(9.20 kr)
1.67 €
(12.47 kr)
     +35.5 %
Imported Beer (12 oz small bottle) 1.93 €
(14.43 kr)
2.25 €
(16.81 kr)
     +16.5 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(41.98 kr)
8.31 €
(62.00 kr)
     +47.7 %
Transportation
Madrid Edit Copenhagen Edit
One-way Ticket (Local Transport) 1.50 €
(11.20 kr)
3.22 €
(24.00 kr)
     +114.4 %
Monthly Pass (Regular Price) 52.00 €
(388.13 kr)
92.10 €
(687.45 kr)
     +77.1 %
Taxi Start (Normal Tariff) 3.12 €
(23.32 kr)
6.70 €
(50.00 kr)
     +114.4 %
Taxi 1 mile (Normal Tariff) 2.09 €
(15.62 kr)
3.23 €
(24.14 kr)
     +54.6 %
Taxi 1hour Waiting (Normal Tariff) 23.75 €
(177.27 kr)
80.39 €
(600.00 kr)
     +238.5 %
Gasoline (1 gallon) 6.31 €
(47.07 kr)
7.21 €
(53.83 kr)
     +14.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(249,036.06 kr)
44,209.06 €
(329,976.00 kr)
     +32.5 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(206,153.47 kr)
41,294.41 €
(308,221.09 kr)
     +49.5 %
Utilities (Monthly)
Madrid Edit Copenhagen Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 152.60 €
(1,139.03 kr)
192.33 €
(1,435.52 kr)
     +26.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.73 €
(117.43 kr)
15.07 €
(112.51 kr)
     -4.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.23 €
(233.09 kr)
34.06 €
(254.21 kr)
     +9.1 %
Sports And Leisure
Madrid Edit Copenhagen Edit
Fitness Club, Monthly Fee for 1 Adult 45.81 €
(341.92 kr)
39.97 €
(298.35 kr)
     -12.7 %
Tennis Court Rent (1 Hour on Weekend) 13.75 €
(102.63 kr)
29.22 €
(218.08 kr)
     +112.5 %
Cinema, International Release, 1 Seat 10.00 €
(74.64 kr)
17.42 €
(130.00 kr)
     +74.2 %
Childcare
Madrid Edit Copenhagen Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 506.67 €
(3,781.76 kr)
502.07 €
(3,747.41 kr)
     -0.9 %
International Primary School, Yearly for 1 Child 9,175.00 €
(68,482.12 kr)
8,624.74 €
(64,375.00 kr)
     -6.0 %
Clothing And Shoes
Madrid Edit Copenhagen Edit
1 Pair of Jeans (Levis 501 Or Similar) 89.62 €
(668.93 kr)
100.31 €
(748.68 kr)
     +11.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.85 €
(267.55 kr)
42.94 €
(320.48 kr)
     +19.8 %
1 Pair of Nike Running Shoes (Mid-Range) 88.34 €
(659.40 kr)
108.11 €
(806.91 kr)
     +22.4 %
1 Pair of Men Leather Business Shoes 104.58 €
(780.61 kr)
157.51 €
(1,175.67 kr)
     +50.6 %
Rent Per Month
Madrid Edit Copenhagen Edit
Apartment (1 bedroom) in City Centre 1,337.21 €
(9,980.92 kr)
1,588.16 €
(11,853.99 kr)
     +18.8 %
Apartment (1 bedroom) Outside of Centre 961.58 €
(7,177.22 kr)
1,162.65 €
(8,678.00 kr)
     +20.9 %
Apartment (3 bedrooms) in City Centre 2,320.93 €
(17,323.40 kr)
2,810.83 €
(20,980.00 kr)
     +21.1 %
Apartment (3 bedrooms) Outside of Centre 1,690.79 €
(12,620.04 kr)
1,985.39 €
(14,818.96 kr)
     +17.4 %
Buy Apartment Price
Madrid Edit Copenhagen Edit
Price per Square Feet to Buy Apartment in City Centre 510.00 €
(3,806.65 kr)
686.73 €
(5,125.76 kr)
     +34.7 %
Price per Square Feet to Buy Apartment Outside of Centre 306.34 €
(2,286.52 kr)
477.98 €
(3,567.65 kr)
     +56.0 %
Salaries And Financing
Madrid Edit Copenhagen Edit
Average Monthly Net Salary (After Tax) 2,140.14 €
(15,974.02 kr)
3,706.80 €
(27,667.54 kr)
     +73.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.36 4.28      +27.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:469250