Cost of Living Comparison Between Madrid and New York, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in New York, NY is 84.6% higher than in Madrid (without rent) | |
| Cost of Living Including Rent in New York, NY is 127.7% higher than in Madrid | |
| Rent Prices in New York, NY are 204.5% higher than in Madrid | |
| Restaurant Prices in New York, NY are 83.7% higher than in Madrid | |
| Groceries Prices in New York, NY are 93.1% higher than in Madrid | |
| Local Purchasing Power in New York, NY is 6.3% higher than in Madrid | |
Restaurants | Madrid Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (16.27 $) |
27.65 € (30.00 $) |
+84.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (65.09 $) |
119.83 € (130.00 $) |
+99.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (10.85 $) |
11.06 € (12.00 $) |
+10.6 % |
| Domestic Beer (1 pint draught) |
3.50 € (3.80 $) |
7.37 € (8.00 $) |
+110.7 % |
| Imported Beer (12 oz small bottle) |
4.00 € (4.34 $) |
9.22 € (10.00 $) |
+130.4 % |
| Cappuccino (regular) |
2.40 € (2.61 $) |
5.19 € (5.63 $) |
+116.0 % |
| Coke/Pepsi (12 oz small bottle) |
2.54 € (2.75 $) |
2.81 € (3.04 $) |
+10.5 % |
| Water (12 oz small bottle) |
1.66 € (1.80 $) |
2.09 € (2.27 $) |
+26.0 % |
Markets | Madrid Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
4.00 € (4.34 $) |
5.20 € (5.64 $) |
+30.0 % |
| Loaf of Fresh White Bread (1 lb) |
1.40 € (1.52 $) |
4.01 € (4.35 $) |
+186.7 % |
| Rice (white), (1 lb) |
0.66 € (0.72 $) |
3.07 € (3.33 $) |
+363.6 % |
| Eggs (regular) (12) |
2.81 € (3.05 $) |
4.84 € (5.25 $) |
+72.0 % |
| Local Cheese (1 lb) |
6.51 € (7.06 $) |
6.88 € (7.46 $) |
+5.6 % |
| Chicken Fillets (1 lb) |
3.54 € (3.84 $) |
6.28 € (6.81 $) |
+77.3 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.47 € (7.02 $) |
8.01 € (8.69 $) |
+23.9 % |
| Apples (1 lb) |
1.05 € (1.14 $) |
2.89 € (3.14 $) |
+175.7 % |
| Banana (1 lb) |
0.83 € (0.90 $) |
0.89 € (0.96 $) |
+6.7 % |
| Oranges (1 lb) |
0.88 € (0.96 $) |
2.39 € (2.59 $) |
+170.7 % |
| Tomato (1 lb) |
1.02 € (1.11 $) |
2.70 € (2.93 $) |
+164.5 % |
| Potato (1 lb) |
0.68 € (0.74 $) |
1.66 € (1.81 $) |
+145.0 % |
| Onion (1 lb) |
0.70 € (0.76 $) |
1.56 € (1.69 $) |
+123.1 % |
| Lettuce (1 head) |
1.19 € (1.30 $) |
2.72 € (2.95 $) |
+127.7 % |
| Water (1.5 liter bottle) |
0.89 € (0.97 $) |
2.28 € (2.47 $) |
+156.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (6.51 $) |
18.44 € (20.00 $) |
+207.3 % |
| Domestic Beer (0.5 liter bottle) |
1.22 € (1.32 $) |
2.37 € (2.57 $) |
+94.0 % |
| Imported Beer (12 oz small bottle) |
1.93 € (2.10 $) |
3.51 € (3.81 $) |
+81.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.62 € (6.10 $) |
15.67 € (17.00 $) |
+178.6 % |
Transportation | Madrid Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
1.50 € (1.63 $) |
2.67 € (2.90 $) |
+78.2 % |
| Monthly Pass (Regular Price) |
52.00 € (56.41 $) |
121.68 € (132.00 $) |
+134.0 % |
| Taxi Start (Normal Tariff) |
3.12 € (3.39 $) |
4.61 € (5.00 $) |
+47.5 % |
| Taxi 1 mile (Normal Tariff) |
2.09 € (2.27 $) |
3.23 € (3.50 $) |
+54.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.25 € (24.14 $) |
31.34 € (34.00 $) |
+40.9 % |
| Gasoline (1 gallon) |
6.26 € (6.80 $) |
3.56 € (3.86 $) |
-43.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,365.00 € (36,196.04 $) |
29,036.26 € (31,500.00 $) |
-13.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,619.74 € (29,963.29 $) |
25,321.40 € (27,469.93 $) |
-8.3 % |
Utilities (Monthly) | Madrid Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
145.88 € (158.26 $) |
162.96 € (176.78 $) |
+11.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
15.14 € (16.42 $) |
61.25 € (66.45 $) |
+304.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
30.64 € (33.24 $) |
65.34 € (70.88 $) |
+113.3 % |
Sports And Leisure | Madrid Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
44.88 € (48.69 $) |
129.05 € (140.00 $) |
+187.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
12.75 € (13.83 $) |
71.77 € (77.86 $) |
+462.9 % |
| Cinema, International Release, 1 Seat |
10.00 € (10.85 $) |
18.44 € (20.00 $) |
+84.4 % |
Childcare | Madrid Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
506.67 € (549.66 $) |
2,854.46 € (3,096.67 $) |
+463.4 % |
| International Primary School, Yearly for 1 Child |
9,214.29 € (9,996.12 $) |
53,094.87 € (57,600.00 $) |
+476.2 % |
Clothing And Shoes | Madrid Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
79.66 € (86.42 $) |
66.21 € (71.83 $) |
-16.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
32.45 € (35.21 $) |
44.47 € (48.24 $) |
+37.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
81.33 € (88.23 $) |
91.16 € (98.90 $) |
+12.1 % |
| 1 Pair of Men Leather Business Shoes |
93.43 € (101.36 $) |
152.47 € (165.41 $) |
+63.2 % |
Rent Per Month | Madrid Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
1,308.16 € (1,419.16 $) |
3,989.68 € (4,328.21 $) |
+205.0 % |
| Apartment (1 bedroom) Outside of Centre |
944.22 € (1,024.34 $) |
2,638.12 € (2,861.97 $) |
+179.4 % |
| Apartment (3 bedrooms) in City Centre |
2,257.29 € (2,448.82 $) |
7,895.10 € (8,565.00 $) |
+249.8 % |
| Apartment (3 bedrooms) Outside of Centre |
1,638.37 € (1,777.39 $) |
4,195.15 € (4,551.11 $) |
+156.1 % |
Buy Apartment Price | Madrid Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
462.78 € (502.05 $) |
1,446.81 € (1,569.57 $) |
+212.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
260.88 € (283.01 $) |
1,053.37 € (1,142.75 $) |
+303.8 % |
Salaries And Financing | Madrid Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
2,180.20 € (2,365.19 $) |
5,276.20 € (5,723.89 $) |
+142.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.96 | 6.72 | +127.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 520 | 500 |
Moving to Madrid? Explore:
Moving to New York, NY? Explore:
Cities near Madrid: | Cost of Living in Pozuelo de Alarcon | 8.64 miles |
| Cost of Living in Getafe | 9.04 miles |
| Cost of Living in Coslada | 9.17 miles |
| Cost of Living in La Moraleja | 11.07 miles |
| Cost of Living in Rivas-Vaciamadrid | 12.79 miles |
| Cost of Living in Fuenlabrada | 15.28 miles |
| Cost of Living in Mostoles | 15.34 miles |
| Cost of Living in Alcala de Henares | 20.54 miles |
| Cost of Living in Soto del Real | 26.90 miles |
| Cost of Living in Aranjuez | 30.41 miles |
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |