Cost of living in Madrid is 27% lower than in Hafnarfjorur (without rent).
Rent in Madrid is 27% cheaper than in Hafnarfjorur.
Cost of living including rent in Madrid is 27% lower than in Hafnarfjorur.
Food in Madrid is 41% cheaper than in Hafnarfjorur.
Transport in Madrid is 114% more expensive than in Hafnarfjorur.
| Madrid | Hafnarfjorur | |
|---|---|---|
| Cost of Living, including rent | ||
| Without Rent | ||
| Rent & Utilities | ||
| Food | ||
| Transport | ||
| Monthly Salary, after tax | ||
| Quality of Life | ||
| Population |
| Madrid | Hafnarfjorur | |
|---|---|---|
Restaurants |
||
| Lunch menu, inexpensive restaurant |
15.3 $ | 22.1 $ |
| Dinner, for 2 | 58.7 $ | 107 $ |
| Fast food, McDonalds or KFC | 11 $ | 18.3 $ |
| Beer, 0.5 L or 16 fl oz | 4.18 $ | 10.1 $ |
| Capuccino | 2.93 $ | 5.07 $ |
| Coke, 330ml | 2.83 $ | 2.74 $ |
Markets |
Milk, 1 L or 1 qt | 1.19 $ | 1.62 $ |
| Bread, 0.5 kg or 1 lb | 1.5 $ | 3.61 $ |
| Rice, 1 kg or 2 lb | 1.51 $ | 3.14 $ |
| Eggs, 12 pack | 3.24 $ | 5.77 $ |
| Cheese, 1 kg or 2 lb | 15.1 $ | 15.7 $ |
| Chicken Breast, 1 kg or 2 lb | 8.47 $ | 18.9 $ |
| Round Steak, 1 kg or 2 lb | 15.4 $ | 32.5 $ |
| Apples, 1 kg or 2 lb | 2.61 $ | 2.91 $ |
| Banana, 1 kg or 2 lb | 2.01 $ | 2.27 $ |
| Oranges, 1 kg or 2 lb | 2.2 $ | 2.72 $ |
| Potatoes, 1 kg or 2 lb | 1.85 $ | 3.08 $ |
| Onions, 1 kg or 2 lb | 1.82 $ | 1.67 $ |
| Water, 1 L or 1 qt | 0.62 $ | 1.22 $ |
| Coca-Cola / Pepsi, 2 L or 67.6 fl oz | 2.22 $ | 2.75 $ |
| Wine, 750 mL bottle | 7.49 $ | 21.2 $ |
| Beer, 0.5 L or 16 fl oz | 1.3 $ | 3.25 $ |
| Cigarette pack | 6.16 $ | 12 $ |
Transport |
||
| Local transport ticket, One-way Ticket | 1.65 $ | 4.39 $ |
| Monthly pass, Monthly Ticket | 45.3 $ | 71.3 $ |
| Gas or petrol, 1 L or 0.26 gal | 1.85 $ | 2.29 $ |
| Taxi, 8 km | 15.1 $ | 24.9 $ |
Personal Care |
||
| Doctor visit, private clinic | 67.3 $ | 84.3 $ |
| Cold medicine, for 1 week | 9.3 $ | 11.6 $ |
| Hair shampoo, 400 ml or 12 oz | 3.59 $ | 5.35 $ |
| Toilet paper, 4 rolls | 2.4 $ | 4.69 $ |
| Toothpaste, 1 tube | 2.71 $ | 3.31 $ |
Utilities per Month |
||
| Utility bill - 1 person, electricity, heating, water & garbage |
98 $ | 44.6 $ |
| Utility bill - family, electricity, heating, water & garbage |
152 $ | 68.9 $ |
| Internet plan, +60 Mbps |
33.1 $ | 71.2 $ |
Rent per Month |
||
| 1 Bedroom Apartment, outside of center, 40 sq.m | 911 $ | 1,371 $ |
| 3 Bedroom Apartment, outside of center, 85 sq.m | 1,526 $ | 2,238 $ |
| 1 Bedroom Apartment, in city center, 40 sq.m | 1,256 $ | 1,586 $ |
| 3 Bedroom Apartment, in city center, 85 sq.m | 2,211 $ | 2,434 $ |
Buy Apartment Price |
||
| Price per Square Meter to Buy Apartment, in city center | 6,496 $ | 5,359 $ |
| Price per Square Meter to Buy House, in suburbs | 4,015 $ | 4,299 $ |
Salaries and Financing |
||
| Average Monthly Net Salary, after tax | 2,391 $ | 3,862 $ |
| Mortgage Interest Rate, for 20 years fixed-rate | 3.68 % | 6.46 % |
Sports and Leisure |
||
| Fitness Club, Monthly Fee for 1 Adult | 47.2 $ | 66.6 $ |
| Cinema, 1 seat | 11.5 $ | 15 $ |
| Haircut | 21.5 $ | 47.4 $ |
Clothing and Shoes |
||
| Brand Sneakers, mid-range, Nike or similar | 96.9 $ | 152 $ |
| Brand Jeans, Levis 501 | 89.1 $ | 113 $ |
Childcare |
||
| Preschool, full day, monthly for 1 child | 585 $ | 255 $ |
| International Primary School, yearly for 1 child | 10,462 $ | 6,122 $ |