HomePricePeek

Helsinki vs Madrid

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Helsinki vs Madrid

Madrid is 16% more affordable for homebuyers. Helsinki has a price-to-income ratio of 7.5x compared to 8.2x in Madrid.

MetricHelsinkiMadrid
Avg Home Price$380,000$320,000
Price / sqm$5,800$4,800
Rent (1BR)$1,200/mo$1,100/mo
Rent (3BR)$2,000/mo$1,800/mo
Price-to-Income7.5x8.2x
Mortgage Rate3.8%3.2%
1yr Change+0.5%+4.8%
Median Income$51,000/yr$39,000/yr
Population660,0003,300,000
HelsinkiView full details โ†’MadridView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Helsinki or Madrid more expensive?
Madrid is more affordable. Home prices differ by $60,000 (16%).
Which city has cheaper rent, Helsinki or Madrid?
Rent for a 1BR in Helsinki is $1,200/mo vs $1,100/mo in Madrid.

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