Cost of Living Comparison Between Madrid and Copenhagen 

Indices DifferenceInfo
Consumer Prices in Copenhagen are 48.8% higher than in Madrid (without rent)
Consumer Prices Including Rent in Copenhagen are 42.2% higher than in Madrid
Rent Prices in Copenhagen are 30.2% higher than in Madrid
Restaurant Prices in Copenhagen are 68.9% higher than in Madrid
Groceries Prices in Copenhagen are 36.3% higher than in Madrid
Local Purchasing Power in Copenhagen is 6.3% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit Copenhagen Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(104.43 kr)
20.11 €
(150.00 kr)
     +43.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(447.54 kr)
107.25 €
(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) 3.50 €
(26.11 kr)
8.04 €
(60.00 kr)
     +129.8 %
Imported Beer (12 oz small bottle) 3.50 €
(26.11 kr)
8.04 €
(60.00 kr)
     +129.8 %
Cappuccino (regular) 2.35 €
(17.56 kr)
5.87 €
(43.77 kr)
     +149.2 %
Coke/Pepsi (12 oz small bottle) 2.41 €
(17.97 kr)
3.52 €
(26.23 kr)
     +46.0 %
Water (12 oz small bottle) 1.59 €
(11.85 kr)
2.68 €
(20.00 kr)
     +68.8 %
Markets
Madrid Edit Copenhagen Edit
Milk (regular), (1 gallon) 4.00 €
(29.87 kr)
6.92 €
(51.65 kr)
     +72.9 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(10.28 kr)
2.97 €
(22.15 kr)
     +115.5 %
Rice (white), (1 lb) 0.67 €
(4.97 kr)
1.14 €
(8.51 kr)
     +71.3 %
Eggs (regular) (12) 2.76 €
(20.58 kr)
4.36 €
(32.55 kr)
     +58.2 %
Local Cheese (1 lb) 6.03 €
(45.00 kr)
5.17 €
(38.59 kr)
     -14.2 %
Chicken Fillets (1 lb) 3.45 €
(25.71 kr)
4.70 €
(35.04 kr)
     +36.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.24 €
(46.57 kr)
6.94 €
(51.78 kr)
     +11.2 %
Apples (1 lb) 1.01 €
(7.55 kr)
1.28 €
(9.53 kr)
     +26.2 %
Banana (1 lb) 0.80 €
(5.97 kr)
1.20 €
(8.97 kr)
     +50.2 %
Oranges (1 lb) 0.78 €
(5.82 kr)
1.36 €
(10.14 kr)
     +74.1 %
Tomato (1 lb) 1.01 €
(7.56 kr)
1.85 €
(13.78 kr)
     +82.1 %
Potato (1 lb) 0.64 €
(4.74 kr)
0.91 €
(6.80 kr)
     +43.6 %
Onion (1 lb) 0.67 €
(4.98 kr)
0.80 €
(5.98 kr)
     +20.2 %
Lettuce (1 head) 1.18 €
(8.77 kr)
1.79 €
(13.34 kr)
     +52.1 %
Water (1.5 liter bottle) 0.85 €
(6.33 kr)
1.44 €
(10.71 kr)
     +69.2 %
Bottle of Wine (Mid-Range) 6.00 €
(44.75 kr)
9.38 €
(70.00 kr)
     +56.4 %
Domestic Beer (0.5 liter bottle) 1.19 €
(8.84 kr)
1.64 €
(12.25 kr)
     +38.5 %
Imported Beer (12 oz small bottle) 1.76 €
(13.14 kr)
2.26 €
(16.82 kr)
     +28.1 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(41.96 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 €
(298.36 kr)
87.14 €
(650.00 kr)
     +117.9 %
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 €
(164.10 kr)
80.44 €
(600.00 kr)
     +265.6 %
Gasoline (1 gallon) 6.23 €
(46.47 kr)
7.20 €
(53.69 kr)
     +15.5 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(248,871.29 kr)
43,756.00 €
(326,378.28 kr)
     +31.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(206,017.07 kr)
40,574.57 €
(302,647.85 kr)
     +46.9 %
Utilities (Monthly)
Madrid Edit Copenhagen Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 140.50 €
(1,047.96 kr)
194.51 €
(1,450.86 kr)
     +38.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.79 €
(102.86 kr)
15.01 €
(111.97 kr)
     +8.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.87 €
(222.81 kr)
34.34 €
(256.17 kr)
     +15.0 %
Sports And Leisure
Madrid Edit Copenhagen Edit
Fitness Club, Monthly Fee for 1 Adult 43.72 €
(326.12 kr)
39.57 €
(295.13 kr)
     -9.5 %
Tennis Court Rent (1 Hour on Weekend) 10.24 €
(76.38 kr)
28.49 €
(212.54 kr)
     +178.3 %
Cinema, International Release, 1 Seat 10.00 €
(74.59 kr)
17.43 €
(130.00 kr)
     +74.3 %
Childcare
Madrid Edit Copenhagen Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 492.60 €
(3,674.33 kr)
505.62 €
(3,771.43 kr)
     +2.6 %
International Primary School, Yearly for 1 Child 8,650.00 €
(64,520.80 kr)
8,630.45 €
(64,375.00 kr)
     -0.2 %
Clothing And Shoes
Madrid Edit Copenhagen Edit
1 Pair of Jeans (Levis 501 Or Similar) 69.01 €
(514.76 kr)
98.59 €
(735.37 kr)
     +42.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.70 €
(206.65 kr)
41.08 €
(306.45 kr)
     +48.3 %
1 Pair of Nike Running Shoes (Mid-Range) 76.25 €
(568.75 kr)
106.80 €
(796.62 kr)
     +40.1 %
1 Pair of Men Leather Business Shoes 82.44 €
(614.95 kr)
153.67 €
(1,146.27 kr)
     +86.4 %
Rent Per Month
Madrid Edit Copenhagen Edit
Apartment (1 bedroom) in City Centre 1,240.47 €
(9,252.74 kr)
1,609.33 €
(12,004.06 kr)
     +29.7 %
Apartment (1 bedroom) Outside of Centre 897.60 €
(6,695.25 kr)
1,172.02 €
(8,742.15 kr)
     +30.6 %
Apartment (3 bedrooms) in City Centre 2,137.50 €
(15,943.72 kr)
2,776.70 €
(20,711.54 kr)
     +29.9 %
Apartment (3 bedrooms) Outside of Centre 1,531.91 €
(11,426.63 kr)
2,004.35 €
(14,950.57 kr)
     +30.8 %
Buy Apartment Price
Madrid Edit Copenhagen Edit
Price per Square Feet to Buy Apartment in City Centre 411.40 €
(3,068.64 kr)
682.25 €
(5,088.91 kr)
     +65.8 %
Price per Square Feet to Buy Apartment Outside of Centre 237.06 €
(1,768.21 kr)
475.65 €
(3,547.87 kr)
     +100.6 %
Salaries And Financing
Madrid Edit Copenhagen Edit
Average Monthly Net Salary (After Tax) 2,460.23 €
(18,350.99 kr)
3,715.96 €
(27,717.57 kr)
     +51.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.49 4.12      +65.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:536251