Cost of Living Comparison Between Madrid and Copenhagen 

Indices DifferenceInfo
Cost of Living in Copenhagen is 44.9% higher than in Madrid (without rent)
Cost of Living Including Rent in Copenhagen is 37.8% higher than in Madrid
Rent Prices in Copenhagen are 23.7% higher than in Madrid
Restaurant Prices in Copenhagen are 64.7% higher than in Madrid
Groceries Prices in Copenhagen are 33.9% higher than in Madrid
Local Purchasing Power in Copenhagen is 21.2% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Copenhagen Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(111.94 kr)
20.10 €
(150.00 kr)
     +34.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(447.78 kr)
107.20 €
(800.00 kr)
     +78.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(74.63 kr)
13.80 €
(103.00 kr)
     +38.0 %
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 €
(29.85 kr)
8.04 €
(60.00 kr)
     +101.0 %
Cappuccino (regular) 2.41 €
(17.98 kr)
5.88 €
(43.88 kr)
     +144.0 %
Coke/Pepsi (12 oz small bottle) 2.57 €
(19.18 kr)
3.44 €
(25.71 kr)
     +34.0 %
Water (12 oz small bottle) 1.68 €
(12.54 kr)
2.79 €
(20.86 kr)
     +66.3 %
Markets
Madrid Edit Copenhagen Edit
Milk (regular), (1 gallon) 4.06 €
(30.28 kr)
6.93 €
(51.70 kr)
     +70.7 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(10.27 kr)
3.02 €
(22.55 kr)
     +119.6 %
Rice (white), (1 lb) 0.68 €
(5.07 kr)
1.15 €
(8.55 kr)
     +68.7 %
Eggs (regular) (12) 2.83 €
(21.15 kr)
4.52 €
(33.71 kr)
     +59.4 %
Local Cheese (1 lb) 6.31 €
(47.12 kr)
5.41 €
(40.39 kr)
     -14.3 %
Chicken Fillets (1 lb) 3.55 €
(26.49 kr)
4.78 €
(35.68 kr)
     +34.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.49 €
(48.45 kr)
6.90 €
(51.48 kr)
     +6.3 %
Apples (1 lb) 1.07 €
(7.97 kr)
1.32 €
(9.88 kr)
     +24.1 %
Banana (1 lb) 0.85 €
(6.38 kr)
1.27 €
(9.44 kr)
     +48.1 %
Oranges (1 lb) 0.91 €
(6.77 kr)
1.37 €
(10.26 kr)
     +51.6 %
Tomato (1 lb) 1.01 €
(7.53 kr)
1.93 €
(14.37 kr)
     +91.0 %
Potato (1 lb) 0.73 €
(5.45 kr)
0.96 €
(7.17 kr)
     +31.5 %
Onion (1 lb) 0.72 €
(5.39 kr)
0.84 €
(6.30 kr)
     +16.8 %
Lettuce (1 head) 1.19 €
(8.91 kr)
1.85 €
(13.84 kr)
     +55.4 %
Water (1.5 liter bottle) 0.87 €
(6.49 kr)
1.50 €
(11.19 kr)
     +72.4 %
Bottle of Wine (Mid-Range) 6.00 €
(44.78 kr)
9.71 €
(72.50 kr)
     +61.9 %
Domestic Beer (0.5 liter bottle) 1.21 €
(8.99 kr)
1.68 €
(12.54 kr)
     +39.4 %
Imported Beer (12 oz small bottle) 1.81 €
(13.53 kr)
2.29 €
(17.09 kr)
     +26.3 %
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 €
(11.19 kr)
3.22 €
(24.00 kr)
     +114.4 %
Monthly Pass (Regular Price) 50.00 €
(373.15 kr)
93.80 €
(700.00 kr)
     +87.6 %
Taxi Start (Normal Tariff) 3.50 €
(26.12 kr)
6.70 €
(50.00 kr)
     +91.4 %
Taxi 1 mile (Normal Tariff) 2.09 €
(15.61 kr)
3.23 €
(24.14 kr)
     +54.6 %
Taxi 1hour Waiting (Normal Tariff) 23.88 €
(178.18 kr)
73.70 €
(550.00 kr)
     +208.7 %
Gasoline (1 gallon) 6.39 €
(47.66 kr)
7.27 €
(54.28 kr)
     +13.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(249,001.51 kr)
46,898.31 €
(350,000.00 kr)
     +40.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,063.75 €
(209,438.52 kr)
43,066.44 €
(321,402.91 kr)
     +53.5 %
Utilities (Monthly)
Madrid Edit Copenhagen Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 153.21 €
(1,143.42 kr)
184.49 €
(1,376.87 kr)
     +20.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.76 €
(110.16 kr)
14.21 €
(106.06 kr)
     -3.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.78 €
(237.20 kr)
34.24 €
(255.55 kr)
     +7.7 %
Sports And Leisure
Madrid Edit Copenhagen Edit
Fitness Club, Monthly Fee for 1 Adult 43.41 €
(323.97 kr)
40.17 €
(299.82 kr)
     -7.5 %
Tennis Court Rent (1 Hour on Weekend) 12.77 €
(95.28 kr)
30.48 €
(227.49 kr)
     +138.8 %
Cinema, International Release, 1 Seat 10.00 €
(74.63 kr)
17.42 €
(130.00 kr)
     +74.2 %
Childcare
Madrid Edit Copenhagen Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 521.54 €
(3,892.22 kr)
504.27 €
(3,763.32 kr)
     -3.3 %
International Primary School, Yearly for 1 Child 9,376.19 €
(69,974.09 kr)
9,528.55 €
(71,111.11 kr)
     +1.6 %
Clothing And Shoes
Madrid Edit Copenhagen Edit
1 Pair of Jeans (Levis 501 Or Similar) 86.91 €
(648.58 kr)
104.84 €
(782.44 kr)
     +20.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.38 €
(264.01 kr)
45.03 €
(336.09 kr)
     +27.3 %
1 Pair of Nike Running Shoes (Mid-Range) 89.57 €
(668.47 kr)
114.07 €
(851.29 kr)
     +27.3 %
1 Pair of Men Leather Business Shoes 106.38 €
(793.90 kr)
166.68 €
(1,243.92 kr)
     +56.7 %
Rent Per Month
Madrid Edit Copenhagen Edit
Apartment (1 bedroom) in City Centre 1,348.94 €
(10,067.10 kr)
1,640.67 €
(12,244.26 kr)
     +21.6 %
Apartment (1 bedroom) Outside of Centre 973.91 €
(7,268.27 kr)
1,187.78 €
(8,864.38 kr)
     +22.0 %
Apartment (3 bedrooms) in City Centre 2,287.88 €
(17,074.38 kr)
2,901.72 €
(21,655.42 kr)
     +26.8 %
Apartment (3 bedrooms) Outside of Centre 1,631.52 €
(12,175.97 kr)
1,992.41 €
(14,869.30 kr)
     +22.1 %
Buy Apartment Price
Madrid Edit Copenhagen Edit
Price per Square Feet to Buy Apartment in City Centre 517.44 €
(3,861.62 kr)
696.89 €
(5,200.89 kr)
     +34.7 %
Price per Square Feet to Buy Apartment Outside of Centre 312.52 €
(2,332.35 kr)
495.35 €
(3,696.74 kr)
     +58.5 %
Salaries And Financing
Madrid Edit Copenhagen Edit
Average Monthly Net Salary (After Tax) 2,329.46 €
(17,384.63 kr)
3,889.73 €
(29,028.90 kr)
     +67.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.29 4.27      +29.7 %
Last update: July 2024July 2024
Contributors in the past 12 months:486269