Cost of Living Comparison Between Madrid and Copenhagen 

Indices DifferenceInfo
Consumer Prices in Copenhagen are 51.3% higher than in Madrid (without rent)
Consumer Prices Including Rent in Copenhagen are 45.5% higher than in Madrid
Rent Prices in Copenhagen are 35.0% higher than in Madrid
Restaurant Prices in Copenhagen are 69.5% higher than in Madrid
Groceries Prices in Copenhagen are 37.8% higher than in Madrid
Local Purchasing Power in Copenhagen is 3.7% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Copenhagen Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(104.46 kr)
20.10 €
(150.00 kr)
     +43.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(447.69 kr)
107.22 €
(800.00 kr)
     +78.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(67.15 kr)
13.40 €
(100.00 kr)
     +48.9 %
Domestic Beer (1 pint draught) 3.50 €
(26.12 kr)
8.04 €
(60.00 kr)
     +129.8 %
Imported Beer (12 oz small bottle) 3.50 €
(26.12 kr)
8.04 €
(60.00 kr)
     +129.8 %
Cappuccino (regular) 2.35 €
(17.57 kr)
5.90 €
(44.00 kr)
     +150.4 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(17.90 kr)
3.67 €
(27.35 kr)
     +52.8 %
Water (12 oz small bottle) 1.55 €
(11.56 kr)
2.77 €
(20.65 kr)
     +78.7 %
Markets
Madrid Edit Copenhagen Edit
Milk (regular), (1 gallon) 4.04 €
(30.15 kr)
6.92 €
(51.66 kr)
     +71.4 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(9.87 kr)
2.94 €
(21.94 kr)
     +122.3 %
Rice (white), (1 lb) 0.64 €
(4.79 kr)
1.10 €
(8.22 kr)
     +71.4 %
Eggs (regular) (12) 2.78 €
(20.74 kr)
4.36 €
(32.56 kr)
     +57.0 %
Local Cheese (1 lb) 5.86 €
(43.76 kr)
5.17 €
(38.59 kr)
     -11.8 %
Chicken Fillets (1 lb) 3.42 €
(25.49 kr)
4.77 €
(35.60 kr)
     +39.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(45.95 kr)
7.11 €
(53.08 kr)
     +15.5 %
Apples (1 lb) 1.01 €
(7.51 kr)
1.27 €
(9.49 kr)
     +26.3 %
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 €
(13.43 kr)
     +73.4 %
Potato (1 lb) 0.62 €
(4.65 kr)
0.89 €
(6.61 kr)
     +42.3 %
Onion (1 lb) 0.67 €
(5.03 kr)
0.80 €
(5.93 kr)
     +18.0 %
Lettuce (1 head) 1.19 €
(8.91 kr)
1.80 €
(13.41 kr)
     +50.6 %
Water (1.5 liter bottle) 0.86 €
(6.41 kr)
1.47 €
(10.94 kr)
     +70.6 %
Bottle of Wine (Mid-Range) 6.00 €
(44.77 kr)
9.38 €
(70.00 kr)
     +56.4 %
Domestic Beer (0.5 liter bottle) 1.14 €
(8.54 kr)
1.60 €
(11.94 kr)
     +39.7 %
Imported Beer (12 oz small bottle) 1.78 €
(13.25 kr)
2.28 €
(17.00 kr)
     +28.3 %
Cigarettes 20 Pack (Marlboro) 5.60 €
(41.78 kr)
8.31 €
(62.00 kr)
     +48.4 %
Transportation
Madrid Edit Copenhagen Edit
One-way Ticket (Local Transport) 1.50 €
(11.19 kr)
3.22 €
(24.00 kr)
     +114.4 %
Monthly Pass (Regular Price) 40.00 €
(298.46 kr)
89.79 €
(670.00 kr)
     +124.5 %
Taxi Start (Normal Tariff) 3.00 €
(22.38 kr)
6.70 €
(50.00 kr)
     +123.4 %
Taxi 1 mile (Normal Tariff) 1.93 €
(14.41 kr)
3.56 €
(26.55 kr)
     +84.3 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(164.15 kr)
80.41 €
(600.00 kr)
     +265.5 %
Gasoline (1 gallon) 6.21 €
(46.37 kr)
7.23 €
(53.92 kr)
     +16.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,182.50 €
(247,590.20 kr)
43,930.27 €
(327,784.37 kr)
     +32.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,043.06 €
(201,780.93 kr)
40,561.43 €
(302,647.85 kr)
     +50.0 %
Utilities (Monthly)
Madrid Edit Copenhagen Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 134.31 €
(1,002.14 kr)
206.63 €
(1,541.75 kr)
     +53.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.16 €
(105.69 kr)
15.21 €
(113.50 kr)
     +7.4 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.13 €
(217.36 kr)
34.43 €
(256.91 kr)
     +18.2 %
Sports And Leisure
Madrid Edit Copenhagen Edit
Fitness Club, Monthly Fee for 1 Adult 43.72 €
(326.20 kr)
40.07 €
(298.99 kr)
     -8.3 %
Tennis Court Rent (1 Hour on Weekend) 9.63 €
(71.87 kr)
28.51 €
(212.70 kr)
     +196.0 %
Cinema, International Release, 1 Seat 10.00 €
(74.61 kr)
17.17 €
(128.11 kr)
     +71.7 %
Childcare
Madrid Edit Copenhagen Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 488.60 €
(3,645.67 kr)
505.45 €
(3,771.43 kr)
     +3.4 %
International Primary School, Yearly for 1 Child 9,115.00 €
(68,011.29 kr)
8,627.66 €
(64,375.00 kr)
     -5.3 %
Clothing And Shoes
Madrid Edit Copenhagen Edit
1 Pair of Jeans (Levis 501 Or Similar) 66.35 €
(495.07 kr)
103.40 €
(771.53 kr)
     +55.8 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.94 €
(208.44 kr)
44.81 €
(334.33 kr)
     +60.4 %
1 Pair of Nike Running Shoes (Mid-Range) 74.71 €
(557.44 kr)
114.37 €
(853.37 kr)
     +53.1 %
1 Pair of Men Leather Business Shoes 82.71 €
(617.11 kr)
158.74 €
(1,184.42 kr)
     +91.9 %
Rent Per Month
Madrid Edit Copenhagen Edit
Apartment (1 bedroom) in City Centre 1,200.48 €
(8,957.35 kr)
1,666.88 €
(12,437.37 kr)
     +38.9 %
Apartment (1 bedroom) Outside of Centre 878.30 €
(6,553.41 kr)
1,203.41 €
(8,979.19 kr)
     +37.0 %
Apartment (3 bedrooms) in City Centre 2,101.92 €
(15,683.43 kr)
2,759.86 €
(20,592.59 kr)
     +31.3 %
Apartment (3 bedrooms) Outside of Centre 1,493.83 €
(11,146.16 kr)
2,020.59 €
(15,076.60 kr)
     +35.3 %
Buy Apartment Price
Madrid Edit Copenhagen Edit
Price per Square Feet to Buy Apartment in City Centre 405.40 €
(3,024.87 kr)
693.44 €
(5,174.07 kr)
     +71.1 %
Price per Square Feet to Buy Apartment Outside of Centre 237.42 €
(1,771.54 kr)
495.21 €
(3,694.97 kr)
     +108.6 %
Salaries And Financing
Madrid Edit Copenhagen Edit
Average Monthly Net Salary (After Tax) 2,372.06 €
(17,699.09 kr)
3,578.19 €
(26,698.58 kr)
     +50.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.55 4.16      +63.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:570266