Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 45.8% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Madrid is 56.1% lower than in New York, NY | |
| Rent Prices in Madrid are 67.1% lower than in New York, NY | |
| Restaurant Prices in Madrid are 45.6% lower than in New York, NY | |
| Groceries Prices in Madrid are 48.2% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 5.9% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.64 €) |
16.28 $ (15.00 €) |
-45.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (119.78 €) |
65.12 $ (60.00 €) |
-49.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.06 €) |
10.85 $ (10.00 €) |
-9.6 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.37 €) |
3.80 $ (3.50 €) |
-52.5 % |
| Imported Beer (12 oz small bottle) |
10.00 $ (9.21 €) |
4.34 $ (4.00 €) |
-56.6 % |
| Cappuccino (regular) |
5.66 $ (5.22 €) |
2.62 $ (2.41 €) |
-53.7 % |
| Coke/Pepsi (12 oz small bottle) |
3.07 $ (2.83 €) |
2.76 $ (2.54 €) |
-10.3 % |
| Water (12 oz small bottle) |
2.28 $ (2.10 €) |
1.80 $ (1.66 €) |
-21.0 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.64 $ (5.20 €) |
4.34 $ (4.00 €) |
-23.0 % |
| Loaf of Fresh White Bread (1 lb) |
4.35 $ (4.01 €) |
1.52 $ (1.40 €) |
-65.1 % |
| Rice (white), (1 lb) |
3.33 $ (3.07 €) |
0.72 $ (0.66 €) |
-78.4 % |
| Eggs (regular) (12) |
5.25 $ (4.84 €) |
3.05 $ (2.81 €) |
-41.8 % |
| Local Cheese (1 lb) |
7.46 $ (6.87 €) |
7.07 $ (6.51 €) |
-5.3 % |
| Chicken Fillets (1 lb) |
6.81 $ (6.28 €) |
3.84 $ (3.54 €) |
-43.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.69 $ (8.01 €) |
7.02 $ (6.47 €) |
-19.2 % |
| Apples (1 lb) |
3.14 $ (2.89 €) |
1.14 $ (1.05 €) |
-63.7 % |
| Banana (1 lb) |
0.96 $ (0.89 €) |
0.90 $ (0.83 €) |
-6.2 % |
| Oranges (1 lb) |
2.59 $ (2.39 €) |
0.96 $ (0.88 €) |
-63.0 % |
| Tomato (1 lb) |
2.93 $ (2.70 €) |
1.11 $ (1.02 €) |
-62.2 % |
| Potato (1 lb) |
1.81 $ (1.66 €) |
0.74 $ (0.68 €) |
-59.2 % |
| Onion (1 lb) |
1.69 $ (1.56 €) |
0.76 $ (0.70 €) |
-55.2 % |
| Lettuce (1 head) |
2.95 $ (2.72 €) |
1.30 $ (1.19 €) |
-56.1 % |
| Water (1.5 liter bottle) |
2.47 $ (2.28 €) |
0.97 $ (0.89 €) |
-60.9 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.43 €) |
6.51 $ (6.00 €) |
-67.4 % |
| Domestic Beer (0.5 liter bottle) |
2.57 $ (2.37 €) |
1.33 $ (1.22 €) |
-48.4 % |
| Imported Beer (12 oz small bottle) |
3.81 $ (3.51 €) |
2.10 $ (1.93 €) |
-44.9 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.66 €) |
6.11 $ (5.62 €) |
-64.1 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.67 €) |
1.63 $ (1.50 €) |
-43.9 % |
| Monthly Pass (Regular Price) |
132.00 $ (121.62 €) |
56.44 $ (52.00 €) |
-57.2 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.61 €) |
3.39 $ (3.12 €) |
-32.2 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.22 €) |
2.27 $ (2.09 €) |
-35.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.33 €) |
24.15 $ (22.25 €) |
-29.0 % |
| Gasoline (1 gallon) |
3.86 $ (3.56 €) |
6.80 $ (6.26 €) |
+76.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
31,500.00 $ (29,022.90 €) |
36,212.69 $ (33,365.00 €) |
+15.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,469.93 $ (25,309.75 €) |
29,977.07 $ (27,619.74 €) |
+9.1 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
176.78 $ (162.88 €) |
158.33 $ (145.88 €) |
-10.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
66.45 $ (61.22 €) |
16.43 $ (15.14 €) |
-75.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
70.88 $ (65.31 €) |
33.25 $ (30.64 €) |
-53.1 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
140.00 $ (128.99 €) |
48.71 $ (44.88 €) |
-65.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
77.86 $ (71.73 €) |
13.84 $ (12.75 €) |
-82.2 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.43 €) |
10.85 $ (10.00 €) |
-45.7 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,096.67 $ (2,853.15 €) |
549.91 $ (506.67 €) |
-82.2 % |
| International Primary School, Yearly for 1 Child |
57,600.00 $ (53,070.45 €) |
10,000.72 $ (9,214.29 €) |
-82.6 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
71.83 $ (66.18 €) |
86.46 $ (79.66 €) |
+20.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (44.44 €) |
35.22 $ (32.45 €) |
-27.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
98.90 $ (91.12 €) |
88.28 $ (81.33 €) |
-10.7 % |
| 1 Pair of Men Leather Business Shoes |
165.41 $ (152.40 €) |
101.40 $ (93.43 €) |
-38.7 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,328.21 $ (3,987.84 €) |
1,419.81 $ (1,308.16 €) |
-67.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,861.97 $ (2,636.91 €) |
1,024.81 $ (944.22 €) |
-64.2 % |
| Apartment (3 bedrooms) in City Centre |
8,565.00 $ (7,891.47 €) |
2,449.95 $ (2,257.29 €) |
-71.4 % |
| Apartment (3 bedrooms) Outside of Centre |
4,551.11 $ (4,193.22 €) |
1,778.21 $ (1,638.37 €) |
-60.9 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,569.57 $ (1,446.14 €) |
502.28 $ (462.78 €) |
-68.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (1,052.88 €) |
283.14 $ (260.88 €) |
-75.2 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,723.89 $ (5,273.77 €) |
2,366.28 $ (2,180.20 €) |
-58.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 | 2.96 | -56.0 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 499 | 519 |
Moving to New York, NY? Explore:
Moving to Madrid? Explore:
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 |
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 |