Cost of Living Comparison Between Helsinki and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 21.4% lower than in Helsinki (without rent) | |
| Consumer Prices Including Rent in Madrid are 16.3% lower than in Helsinki | |
| Rent Prices in Madrid are 3.5% lower than in Helsinki | |
| Restaurant Prices in Madrid are 29.9% lower than in Helsinki | |
| Groceries Prices in Madrid are 25.9% lower than in Helsinki | |
| Local Purchasing Power in Madrid is 24.1% lower than in Helsinki | |
Restaurants | Helsinki Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 14.00 € | 12.25 € | -12.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 80.00 € | 50.00 € | -37.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.45 € | 8.00 € | -15.3 % |
| Domestic Beer (1 pint draught) | 7.50 € | 3.50 € | -53.3 % |
| Imported Beer (12 oz small bottle) | 8.00 € | 3.50 € | -56.2 % |
| Cappuccino (regular) | 4.17 € | 2.18 € | -47.8 % |
| Coke/Pepsi (12 oz small bottle) | 2.50 € | 2.42 € | -3.2 % |
| Water (12 oz small bottle) | 1.68 € | 1.72 € | +2.7 % |
Markets | Helsinki Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) | 3.88 € | 3.49 € | -10.0 % |
| Loaf of Fresh White Bread (1 lb) | 2.06 € | 1.05 € | -49.1 % |
| Rice (white), (1 lb) | 1.00 € | 0.58 € | -41.6 % |
| Eggs (regular) (12) | 2.67 € | 2.42 € | -9.3 % |
| Local Cheese (1 lb) | 3.34 € | 4.99 € | +49.6 % |
| Chicken Fillets (1 lb) | 4.73 € | 3.42 € | -27.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.36 € | 5.69 € | -31.9 % |
| Apples (1 lb) | 1.00 € | 0.98 € | -2.0 % |
| Banana (1 lb) | 0.74 € | 0.87 € | +18.2 % |
| Oranges (1 lb) | 0.94 € | 0.81 € | -14.1 % |
| Tomato (1 lb) | 1.69 € | 0.90 € | -46.6 % |
| Potato (1 lb) | 0.46 € | 0.59 € | +28.0 % |
| Onion (1 lb) | 0.63 € | 0.63 € | -0.1 % |
| Lettuce (1 head) | 1.83 € | 1.03 € | -43.4 % |
| Water (1.5 liter bottle) | 1.62 € | 0.70 € | -57.2 % |
| Bottle of Wine (Mid-Range) | 12.00 € | 5.60 € | -53.3 % |
| Domestic Beer (0.5 liter bottle) | 2.71 € | 1.03 € | -62.0 % |
| Imported Beer (12 oz small bottle) | 2.89 € | 1.56 € | -45.9 % |
| Cigarettes 20 Pack (Marlboro) | 9.70 € | 5.10 € | -47.4 % |
Transportation | Helsinki Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) | 3.10 € | 1.50 € | -51.6 % |
| Monthly Pass (Regular Price) | 65.00 € | 54.55 € | -16.1 % |
| Taxi Start (Normal Tariff) | 7.00 € | 3.60 € | -48.6 % |
| Taxi 1 mile (Normal Tariff) | 1.93 € | 1.77 € | -8.3 % |
| Taxi 1hour Waiting (Normal Tariff) | 53.40 € | 22.00 € | -58.8 % |
| Gasoline (1 gallon) | 8.01 € | 7.02 € | -12.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,000.00 € | 25,188.50 € | -21.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 30,839.50 € | 24,141.67 € | -21.7 % |
Utilities (Monthly) | Helsinki Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 96.20 € | 169.43 € | +76.1 % |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.06 € | 0.14 € | +128.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 18.49 € | 33.32 € | +80.1 % |
Sports And Leisure | Helsinki Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 33.89 € | 41.64 € | +22.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 27.50 € | 12.82 € | -53.4 % |
| Cinema, International Release, 1 Seat | 15.50 € | 9.00 € | -41.9 % |
Childcare | Helsinki Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 344.22 € | 477.78 € | +38.8 % |
| International Primary School, Yearly for 1 Child | 4,960.00 € | 8,381.25 € | +69.0 % |
Clothing And Shoes | Helsinki Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 84.32 € | 74.92 € | -11.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 34.80 € | 33.97 € | -2.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 72.42 € | 76.42 € | +5.5 % |
| 1 Pair of Men Leather Business Shoes | 107.96 € | 92.59 € | -14.2 % |
Rent Per Month | Helsinki Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre | 968.33 € | 1,034.15 € | +6.8 % |
| Apartment (1 bedroom) Outside of Centre | 778.94 € | 789.06 € | +1.3 % |
| Apartment (3 bedrooms) in City Centre | 1,909.64 € | 1,763.47 € | -7.7 % |
| Apartment (3 bedrooms) Outside of Centre | 1,348.89 € | 1,271.88 € | -5.7 % |
Buy Apartment Price | Helsinki Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 675.14 € | 503.84 € | -25.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 384.15 € | 335.68 € | -12.6 % |
Salaries And Financing | Helsinki Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) | 3,042.90 € | 1,933.90 € | -36.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 1.18 | 2.49 | +111.1 % |
| Last update: | March 2023 | March 2023 | |
| Contributors in the past 12 months: | 225 | 378 |
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 |