Cost of Living Comparison Between Helsinki and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 23.8% lower than in Helsinki (without rent) | |
| Consumer Prices Including Rent in Madrid are 12.7% lower than in Helsinki | |
| Rent Prices in Madrid are 18.4% higher than in Helsinki | |
| Restaurant Prices in Madrid are 26.2% lower than in Helsinki | |
| Groceries Prices in Madrid are 25.5% lower than in Helsinki | |
| Local Purchasing Power in Madrid is 2.1% 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 € | 3.50 € | -56.2 % |
| Imported Beer (12 oz small bottle) | 8.00 € | 3.50 € | -56.2 % |
| Cappuccino (regular) | 4.48 € | 2.38 € | -47.0 % |
| Coke/Pepsi (12 oz small bottle) | 2.67 € | 2.41 € | -9.7 % |
| Water (12 oz small bottle) | 1.85 € | 1.57 € | -14.8 % |
Markets | Helsinki Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) | 4.35 € | 4.03 € | -7.2 % |
| Loaf of Fresh White Bread (1 lb) | 2.57 € | 1.38 € | -46.4 % |
| Rice (white), (1 lb) | 1.16 € | 0.66 € | -43.0 % |
| Eggs (regular) (12) | 2.95 € | 2.78 € | -5.6 % |
| Local Cheese (1 lb) | 3.57 € | 6.06 € | +69.6 % |
| Chicken Fillets (1 lb) | 5.25 € | 3.46 € | -34.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 9.58 € | 6.33 € | -34.0 % |
| Apples (1 lb) | 1.03 € | 1.03 € | -0.2 % |
| Banana (1 lb) | 0.79 € | 0.82 € | +3.5 % |
| Oranges (1 lb) | 0.98 € | 0.81 € | -17.4 % |
| Tomato (1 lb) | 1.80 € | 1.03 € | -42.7 % |
| Potato (1 lb) | 0.55 € | 0.64 € | +17.1 % |
| Onion (1 lb) | 0.82 € | 0.69 € | -16.5 % |
| Lettuce (1 head) | 1.94 € | 1.20 € | -38.2 % |
| Water (1.5 liter bottle) | 1.76 € | 0.87 € | -50.3 % |
| Bottle of Wine (Mid-Range) | 14.45 € | 6.00 € | -58.5 % |
| Domestic Beer (0.5 liter bottle) | 2.68 € | 1.22 € | -54.5 % |
| Imported Beer (12 oz small bottle) | 3.19 € | 1.76 € | -45.0 % |
| Cigarettes 20 Pack (Marlboro) | 10.20 € | 5.65 € | -44.6 % |
Transportation | Helsinki Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) | 3.00 € | 1.50 € | -50.0 % |
| Monthly Pass (Regular Price) | 66.60 € | 40.00 € | -39.9 % |
| 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) | 7.21 € | 6.23 € | -13.6 % |
| 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 | 109.20 € | 141.69 € | +29.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 24.43 € | 14.03 € | -42.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 19.22 € | 29.90 € | +55.6 % |
Sports And Leisure | Helsinki Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 43.31 € | 44.05 € | +1.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 27.06 € | 10.24 € | -62.2 % |
| 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 € | 492.60 € | +59.0 % |
| International Primary School, Yearly for 1 Child | 9,728.50 € | 8,650.00 € | -11.1 % |
Clothing And Shoes | Helsinki Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 80.53 € | 69.01 € | -14.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 30.07 € | 28.04 € | -6.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 71.04 € | 76.17 € | +7.2 % |
| 1 Pair of Men Leather Business Shoes | 94.09 € | 82.44 € | -12.4 % |
Rent Per Month | Helsinki Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre | 1,004.37 € | 1,247.21 € | +24.2 % |
| Apartment (1 bedroom) Outside of Centre | 801.22 € | 901.63 € | +12.5 % |
| Apartment (3 bedrooms) in City Centre | 1,790.20 € | 2,143.27 € | +19.7 % |
| Apartment (3 bedrooms) Outside of Centre | 1,320.80 € | 1,531.91 € | +16.0 % |
Buy Apartment Price | Helsinki Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 697.64 € | 418.31 € | -40.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 404.66 € | 238.41 € | -41.1 % |
Salaries And Financing | Helsinki Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) | 2,722.06 € | 2,428.49 € | -10.8 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.85 | 2.54 | -34.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 221 | 533 |
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 |