Cost of Living in Madrid vs Helsinki

Cost of living in Madrid is 16% lower than in Helsinki (without rent).

Rent in Madrid is 10% more expensive than in Helsinki.

Cost of living including rent in Madrid is 2% lower than in Helsinki.

Food in Madrid is 24% cheaper than in Helsinki.

Transport in Madrid is 14% more expensive than in Helsinki.

Madrid vs. Helsinki Comparision

Madrid Helsinki
Cost of Living, including rent
1,889 $
1,936 $
Without Rent
778 $
927 $
Rent & Utilities
1,111 $
1,009 $
Food
457 $
602 $
Transport
177 $
155 $
Monthly Salary, after tax
2,391 $
3,013 $
Quality of Life
90
95
Population
3.3M
676.0K

Compare other cities?

Madrid Helsinki

Restaurants

Lunch menu,
inexpensive restaurant
15.3 $ 15.5 $
Dinner, for 2 58.7 $ 84.5 $
Fast food, McDonalds or KFC 11 $ 11.8 $
Beer, 0.5 L or 16 fl oz 4.18 $ 9 $
Capuccino 2.93 $ 5 $
Coke, 330ml 2.83 $ 3.13 $

Markets

Milk, 1 L or 1 qt 1.19 $ 1.47 $
Bread, 0.5 kg or 1 lb 1.5 $ 2.74 $
Rice, 1 kg or 2 lb 1.51 $ 2.82 $
Eggs, 12 pack 3.24 $ 3.59 $
Cheese, 1 kg or 2 lb 15.1 $ 9.03 $
Chicken Breast, 1 kg or 2 lb 8.47 $ 13.9 $
Round Steak, 1 kg or 2 lb 15.4 $ 23 $
Apples, 1 kg or 2 lb 2.61 $ 2.52 $
Banana, 1 kg or 2 lb 2.01 $ 1.95 $
Oranges, 1 kg or 2 lb 2.2 $ 2.34 $
Potatoes, 1 kg or 2 lb 1.85 $ 1.32 $
Onions, 1 kg or 2 lb 1.82 $ 1.91 $
Water, 1 L or 1 qt 0.62 $ 1.37 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.22 $ 2.94 $
Wine, 750 mL bottle 7.49 $ 16 $
Beer, 0.5 L or 16 fl oz 1.3 $ 3.04 $
Cigarette pack 6.16 $ 11.5 $

Transport

Local transport ticket, One-way Ticket 1.65 $ 3.28 $
Monthly pass, Monthly Ticket 45.3 $ 71.9 $
Gas or petrol, 1 L or 0.26 gal 1.85 $ 2.1 $
Taxi, 8 km 15.1 $ 20 $

Personal Care

Doctor visit, private clinic 67.3 $ 84.6 $
Cold medicine, for 1 week 9.3 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.59 $ 3.42 $
Toilet paper, 4 rolls 2.4 $ 1.71 $
Toothpaste, 1 tube 2.71 $ 2.2 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
98 $ 77.1 $
Utility bill - family,
electricity, heating, water & garbage
152 $ 119 $
Internet plan,
+60 Mbps
33.1 $ 22.6 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 911 $ 873 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,526 $ 1,400 $
1 Bedroom Apartment, in city center, 40 sq.m 1,256 $ 1,052 $
3 Bedroom Apartment, in city center, 85 sq.m 2,211 $ 1,924 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 6,496 $ 8,423 $
Price per Square Meter to Buy House, in suburbs 4,015 $ 5,044 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,391 $ 3,013 $
Mortgage Interest Rate, for 20 years fixed-rate 3.68 % 3.86 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 47.2 $ 49.5 $
Cinema, 1 seat 11.5 $ 18.7 $
Haircut 21.5 $ 21.6 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 96.9 $ 97.8 $
Brand Jeans, Levis 501 89.1 $ 97.8 $

Childcare

Preschool, full day, monthly for 1 child 585 $ 353 $
International Primary School, yearly for 1 child 10,462 $ 10,871 $