Cost of Living Comparison Between Madrid and Copenhagen 

Indices DifferenceInfo
Consumer Prices in Copenhagen are 49.8% higher than in Madrid (without rent)
Consumer Prices Including Rent in Copenhagen are 44.0% higher than in Madrid
Rent Prices in Copenhagen are 33.3% higher than in Madrid
Restaurant Prices in Copenhagen are 68.3% higher than in Madrid
Groceries Prices in Copenhagen are 37.2% higher than in Madrid
Local Purchasing Power in Copenhagen is 2.0% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Copenhagen Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(104.42 kr)
20.11 €
(150.00 kr)
     +43.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(447.50 kr)
107.26 €
(800.00 kr)
     +78.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(67.13 kr)
13.41 €
(100.00 kr)
     +49.0 %
Domestic Beer (1 pint draught) 3.48 €
(25.92 kr)
7.37 €
(55.00 kr)
     +112.2 %
Imported Beer (12 oz small bottle) 3.50 €
(26.10 kr)
8.04 €
(60.00 kr)
     +129.8 %
Cappuccino (regular) 2.34 €
(17.42 kr)
5.87 €
(43.82 kr)
     +151.5 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(17.89 kr)
3.56 €
(26.57 kr)
     +48.5 %
Water (12 oz small bottle) 1.55 €
(11.55 kr)
2.71 €
(20.20 kr)
     +74.9 %
Markets
Madrid Edit Copenhagen Edit
Milk (regular), (1 gallon) 4.03 €
(30.04 kr)
6.93 €
(51.66 kr)
     +72.0 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(9.86 kr)
2.94 €
(21.93 kr)
     +122.3 %
Rice (white), (1 lb) 0.66 €
(4.90 kr)
1.10 €
(8.21 kr)
     +67.7 %
Eggs (regular) (12) 2.78 €
(20.73 kr)
4.36 €
(32.55 kr)
     +57.0 %
Local Cheese (1 lb) 5.86 €
(43.74 kr)
5.17 €
(38.59 kr)
     -11.8 %
Chicken Fillets (1 lb) 3.42 €
(25.48 kr)
4.77 €
(35.60 kr)
     +39.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(45.93 kr)
7.12 €
(53.08 kr)
     +15.6 %
Apples (1 lb) 1.01 €
(7.51 kr)
1.27 €
(9.49 kr)
     +26.4 %
Banana (1 lb) 0.80 €
(5.98 kr)
1.20 €
(8.97 kr)
     +50.1 %
Oranges (1 lb) 0.81 €
(6.07 kr)
1.36 €
(10.14 kr)
     +67.0 %
Tomato (1 lb) 1.04 €
(7.74 kr)
1.80 €
(13.42 kr)
     +73.4 %
Potato (1 lb) 0.62 €
(4.66 kr)
0.91 €
(6.80 kr)
     +46.0 %
Onion (1 lb) 0.67 €
(5.03 kr)
0.80 €
(5.93 kr)
     +18.0 %
Lettuce (1 head) 1.21 €
(9.01 kr)
1.80 €
(13.41 kr)
     +48.9 %
Water (1.5 liter bottle) 0.88 €
(6.58 kr)
1.44 €
(10.71 kr)
     +62.9 %
Bottle of Wine (Mid-Range) 6.00 €
(44.75 kr)
9.39 €
(70.00 kr)
     +56.4 %
Domestic Beer (0.5 liter bottle) 1.14 €
(8.54 kr)
1.60 €
(11.94 kr)
     +39.8 %
Imported Beer (12 oz small bottle) 1.80 €
(13.45 kr)
2.26 €
(16.82 kr)
     +25.1 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(41.95 kr)
8.31 €
(62.00 kr)
     +47.8 %
Transportation
Madrid Edit Copenhagen Edit
One-way Ticket (Local Transport) 1.50 €
(11.19 kr)
3.22 €
(24.00 kr)
     +114.5 %
Monthly Pass (Regular Price) 40.00 €
(298.34 kr)
89.83 €
(670.00 kr)
     +124.6 %
Taxi Start (Normal Tariff) 3.00 €
(22.38 kr)
6.70 €
(50.00 kr)
     +123.5 %
Taxi 1 mile (Normal Tariff) 1.93 €
(14.40 kr)
3.56 €
(26.55 kr)
     +84.4 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(164.08 kr)
80.45 €
(600.00 kr)
     +265.7 %
Gasoline (1 gallon) 6.22 €
(46.38 kr)
7.23 €
(53.90 kr)
     +16.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(248,849.16 kr)
43,796.87 €
(326,654.09 kr)
     +31.3 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(205,998.75 kr)
40,578.18 €
(302,647.85 kr)
     +46.9 %
Utilities (Monthly)
Madrid Edit Copenhagen Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 138.91 €
(1,036.02 kr)
198.54 €
(1,480.79 kr)
     +42.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.73 €
(102.44 kr)
15.01 €
(111.97 kr)
     +9.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.56 €
(220.48 kr)
33.91 €
(252.88 kr)
     +14.7 %
Sports And Leisure
Madrid Edit Copenhagen Edit
Fitness Club, Monthly Fee for 1 Adult 43.33 €
(323.20 kr)
40.08 €
(298.92 kr)
     -7.5 %
Tennis Court Rent (1 Hour on Weekend) 9.80 €
(73.13 kr)
28.50 €
(212.57 kr)
     +190.7 %
Cinema, International Release, 1 Seat 10.00 €
(74.58 kr)
17.12 €
(127.68 kr)
     +71.2 %
Childcare
Madrid Edit Copenhagen Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 489.04 €
(3,647.44 kr)
505.66 €
(3,771.43 kr)
     +3.4 %
International Primary School, Yearly for 1 Child 9,061.90 €
(67,587.21 kr)
8,631.22 €
(64,375.00 kr)
     -4.8 %
Clothing And Shoes
Madrid Edit Copenhagen Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.13 €
(500.67 kr)
103.27 €
(770.24 kr)
     +53.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.32 €
(203.77 kr)
43.37 €
(323.45 kr)
     +58.7 %
1 Pair of Nike Running Shoes (Mid-Range) 74.79 €
(557.80 kr)
110.53 €
(824.40 kr)
     +47.8 %
1 Pair of Men Leather Business Shoes 81.70 €
(609.35 kr)
155.45 €
(1,159.42 kr)
     +90.3 %
Rent Per Month
Madrid Edit Copenhagen Edit
Apartment (1 bedroom) in City Centre 1,190.88 €
(8,882.03 kr)
1,619.37 €
(12,077.86 kr)
     +36.0 %
Apartment (1 bedroom) Outside of Centre 868.24 €
(6,475.68 kr)
1,176.18 €
(8,772.39 kr)
     +35.5 %
Apartment (3 bedrooms) in City Centre 2,077.19 €
(15,492.51 kr)
2,709.28 €
(20,206.90 kr)
     +30.4 %
Apartment (3 bedrooms) Outside of Centre 1,487.21 €
(11,092.20 kr)
2,002.83 €
(14,937.89 kr)
     +34.7 %
Buy Apartment Price
Madrid Edit Copenhagen Edit
Price per Square Feet to Buy Apartment in City Centre 411.50 €
(3,069.10 kr)
688.27 €
(5,133.38 kr)
     +67.3 %
Price per Square Feet to Buy Apartment Outside of Centre 236.31 €
(1,762.46 kr)
487.01 €
(3,632.27 kr)
     +106.1 %
Salaries And Financing
Madrid Edit Copenhagen Edit
Average Monthly Net Salary (After Tax) 2,475.10 €
(18,460.29 kr)
3,636.10 €
(27,119.48 kr)
     +46.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.48 4.02      +62.0 %
Last update: April 2024April 2024
Contributors in the past 12 months:581268