Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 46.3% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Madrid is 56.5% lower than in New York, NY | |
| Rent Prices in Madrid are 67.6% lower than in New York, NY | |
| Restaurant Prices in Madrid are 45.8% lower than in New York, NY | |
| Groceries Prices in Madrid are 48.8% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 6.6% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.75 €) |
16.21 $ (15.00 €) |
-46.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (120.27 €) |
64.85 $ (60.00 €) |
-50.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.10 €) |
10.81 $ (10.00 €) |
-9.9 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.40 €) |
3.78 $ (3.50 €) |
-52.7 % |
| Imported Beer (12 oz small bottle) |
10.00 $ (9.25 €) |
4.32 $ (4.00 €) |
-56.8 % |
| Cappuccino (regular) |
5.66 $ (5.24 €) |
2.60 $ (2.40 €) |
-54.1 % |
| Coke/Pepsi (12 oz small bottle) |
3.07 $ (2.84 €) |
2.71 $ (2.51 €) |
-11.6 % |
| Water (12 oz small bottle) |
2.28 $ (2.11 €) |
1.79 $ (1.65 €) |
-21.5 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.64 $ (5.22 €) |
4.32 $ (4.00 €) |
-23.4 % |
| Loaf of Fresh White Bread (1 lb) |
4.35 $ (4.03 €) |
1.49 $ (1.38 €) |
-65.8 % |
| Rice (white), (1 lb) |
3.33 $ (3.08 €) |
0.72 $ (0.66 €) |
-78.5 % |
| Eggs (regular) (12) |
5.25 $ (4.86 €) |
3.02 $ (2.80 €) |
-42.4 % |
| Local Cheese (1 lb) |
7.46 $ (6.90 €) |
6.94 $ (6.42 €) |
-7.0 % |
| Chicken Fillets (1 lb) |
6.81 $ (6.30 €) |
3.80 $ (3.51 €) |
-44.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.69 $ (8.04 €) |
6.95 $ (6.43 €) |
-20.1 % |
| Apples (1 lb) |
3.14 $ (2.90 €) |
1.12 $ (1.04 €) |
-64.3 % |
| Banana (1 lb) |
0.96 $ (0.89 €) |
0.90 $ (0.83 €) |
-6.6 % |
| Oranges (1 lb) |
2.59 $ (2.40 €) |
0.95 $ (0.88 €) |
-63.2 % |
| Tomato (1 lb) |
2.93 $ (2.71 €) |
1.10 $ (1.02 €) |
-62.5 % |
| Potato (1 lb) |
1.81 $ (1.67 €) |
0.72 $ (0.67 €) |
-59.9 % |
| Onion (1 lb) |
1.69 $ (1.56 €) |
0.74 $ (0.69 €) |
-56.1 % |
| Lettuce (1 head) |
2.95 $ (2.73 €) |
1.28 $ (1.19 €) |
-56.5 % |
| Water (1.5 liter bottle) |
2.47 $ (2.29 €) |
0.95 $ (0.88 €) |
-61.7 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.50 €) |
6.49 $ (6.00 €) |
-67.6 % |
| Domestic Beer (0.5 liter bottle) |
2.57 $ (2.38 €) |
1.30 $ (1.21 €) |
-49.3 % |
| Imported Beer (12 oz small bottle) |
3.81 $ (3.52 €) |
2.01 $ (1.86 €) |
-47.1 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.73 €) |
6.08 $ (5.62 €) |
-64.2 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.68 €) |
1.62 $ (1.50 €) |
-44.1 % |
| Monthly Pass (Regular Price) |
132.00 $ (122.12 €) |
56.21 $ (52.00 €) |
-57.4 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.63 €) |
3.24 $ (3.00 €) |
-35.1 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.24 €) |
2.26 $ (2.09 €) |
-35.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.46 €) |
23.78 $ (22.00 €) |
-30.1 % |
| Gasoline (1 gallon) |
3.86 $ (3.57 €) |
6.76 $ (6.25 €) |
+75.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
31,500.00 $ (29,142.32 €) |
36,064.31 $ (33,365.00 €) |
+14.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,469.93 $ (25,413.89 €) |
29,854.24 $ (27,619.74 €) |
+8.7 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
176.78 $ (163.55 €) |
154.46 $ (142.90 €) |
-12.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
66.45 $ (61.47 €) |
16.20 $ (14.98 €) |
-75.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
70.88 $ (65.58 €) |
33.06 $ (30.58 €) |
-53.4 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
140.00 $ (129.52 €) |
48.51 $ (44.88 €) |
-65.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
77.86 $ (72.03 €) |
13.78 $ (12.75 €) |
-82.3 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.50 €) |
10.81 $ (10.00 €) |
-46.0 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,096.67 $ (2,864.89 €) |
547.66 $ (506.67 €) |
-82.3 % |
| International Primary School, Yearly for 1 Child |
57,600.00 $ (53,288.81 €) |
9,959.74 $ (9,214.29 €) |
-82.7 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
71.83 $ (66.45 €) |
84.91 $ (78.56 €) |
+18.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (44.63 €) |
34.56 $ (31.97 €) |
-28.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
98.90 $ (91.50 €) |
87.31 $ (80.78 €) |
-11.7 % |
| 1 Pair of Men Leather Business Shoes |
165.41 $ (153.03 €) |
99.74 $ (92.28 €) |
-39.7 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,328.21 $ (4,004.25 €) |
1,399.77 $ (1,295.00 €) |
-67.7 % |
| Apartment (1 bedroom) Outside of Centre |
2,861.97 $ (2,647.76 €) |
1,011.22 $ (935.53 €) |
-64.7 % |
| Apartment (3 bedrooms) in City Centre |
8,565.00 $ (7,923.94 €) |
2,429.82 $ (2,247.96 €) |
-71.6 % |
| Apartment (3 bedrooms) Outside of Centre |
4,551.11 $ (4,210.47 €) |
1,740.50 $ (1,610.23 €) |
-61.8 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,641.14 $ (1,518.31 €) |
490.29 $ (453.59 €) |
-70.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (1,057.22 €) |
278.02 $ (257.21 €) |
-75.7 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,882.70 $ (5,442.40 €) |
2,388.60 $ (2,209.82 €) |
-59.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.72 | 2.92 | -56.5 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 503 | 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 |