Cost of Living Comparison Between Madrid and New York, NY 

Indices DifferenceInfo
Cost of Living in New York, NY is 93.2% higher than in Madrid (without rent)
Cost of Living Including Rent in New York, NY is 136.5% higher than in Madrid
Rent Prices in New York, NY are 222.1% higher than in Madrid
Restaurant Prices in New York, NY are 76.6% higher than in Madrid
Groceries Prices in New York, NY are 91.6% higher than in Madrid
Local Purchasing Power in New York, NY is 9.3% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(16.29 $)
27.63 €
(30.00 $)
     +84.2 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(65.15 $)
115.12 €
(125.00 $)
     +91.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.86 $)
11.05 €
(12.00 $)
     +10.5 %
Domestic Beer (1 pint draught) 3.50 €
(3.80 $)
7.37 €
(8.00 $)
     +110.5 %
Imported Beer (12 oz small bottle) 4.00 €
(4.34 $)
9.21 €
(10.00 $)
     +130.2 %
Cappuccino (regular) 2.41 €
(2.62 $)
5.26 €
(5.71 $)
     +118.2 %
Coke/Pepsi (12 oz small bottle) 2.57 €
(2.79 $)
2.81 €
(3.06 $)
     +9.5 %
Water (12 oz small bottle) 1.68 €
(1.83 $)
2.12 €
(2.30 $)
     +25.9 %
Markets
Madrid Edit New York, NY Edit
Milk (regular), (1 gallon) 4.06 €
(4.41 $)
5.08 €
(5.51 $)
     +25.2 %
Loaf of Fresh White Bread (1 lb) 1.38 €
(1.49 $)
3.91 €
(4.24 $)
     +184.0 %
Rice (white), (1 lb) 0.68 €
(0.74 $)
3.10 €
(3.36 $)
     +356.0 %
Eggs (regular) (12) 2.83 €
(3.08 $)
4.76 €
(5.17 $)
     +67.9 %
Local Cheese (1 lb) 6.31 €
(6.86 $)
6.98 €
(7.58 $)
     +10.5 %
Chicken Fillets (1 lb) 3.55 €
(3.85 $)
6.12 €
(6.65 $)
     +72.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.49 €
(7.05 $)
8.10 €
(8.80 $)
     +24.8 %
Apples (1 lb) 1.07 €
(1.16 $)
2.85 €
(3.10 $)
     +167.3 %
Banana (1 lb) 0.85 €
(0.93 $)
0.88 €
(0.95 $)
     +2.6 %
Oranges (1 lb) 0.91 €
(0.98 $)
2.48 €
(2.69 $)
     +173.2 %
Tomato (1 lb) 1.01 €
(1.09 $)
2.51 €
(2.73 $)
     +149.3 %
Potato (1 lb) 0.73 €
(0.79 $)
1.59 €
(1.72 $)
     +117.4 %
Onion (1 lb) 0.72 €
(0.78 $)
1.59 €
(1.73 $)
     +120.6 %
Lettuce (1 head) 1.19 €
(1.30 $)
2.94 €
(3.19 $)
     +146.1 %
Water (1.5 liter bottle) 0.87 €
(0.94 $)
2.18 €
(2.36 $)
     +150.2 %
Bottle of Wine (Mid-Range) 6.00 €
(6.52 $)
18.42 €
(20.00 $)
     +207.0 %
Domestic Beer (0.5 liter bottle) 1.21 €
(1.31 $)
2.53 €
(2.75 $)
     +109.9 %
Imported Beer (12 oz small bottle) 1.81 €
(1.97 $)
3.40 €
(3.69 $)
     +87.2 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(6.11 $)
15.66 €
(17.00 $)
     +178.3 %
Transportation
Madrid Edit New York, NY Edit
One-way Ticket (Local Transport) 1.50 €
(1.63 $)
2.67 €
(2.90 $)
     +78.0 %
Monthly Pass (Regular Price) 50.00 €
(54.29 $)
121.56 €
(132.00 $)
     +143.1 %
Taxi Start (Normal Tariff) 3.50 €
(3.80 $)
4.60 €
(5.00 $)
     +31.6 %
Taxi 1 mile (Normal Tariff) 2.09 €
(2.27 $)
3.22 €
(3.50 $)
     +54.1 %
Taxi 1hour Waiting (Normal Tariff) 23.88 €
(25.93 $)
31.31 €
(34.00 $)
     +31.1 %
Gasoline (1 gallon) 6.39 €
(6.93 $)
3.52 €
(3.83 $)
     -44.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(36,230.00 $)
32,232.27 €
(35,000.00 $)
     -3.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,063.75 €
(30,473.54 $)
26,028.86 €
(28,263.92 $)
     -7.3 %
Utilities (Monthly)
Madrid Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 153.21 €
(166.37 $)
157.68 €
(171.22 $)
     +2.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 14.76 €
(16.03 $)
62.56 €
(67.93 $)
     +323.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.78 €
(34.51 $)
61.53 €
(66.81 $)
     +93.6 %
Sports And Leisure
Madrid Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 43.41 €
(47.14 $)
134.09 €
(145.60 $)
     +208.9 %
Tennis Court Rent (1 Hour on Weekend) 12.77 €
(13.86 $)
68.49 €
(74.38 $)
     +436.5 %
Cinema, International Release, 1 Seat 10.00 €
(10.86 $)
18.42 €
(20.00 $)
     +84.2 %
Childcare
Madrid Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 521.54 €
(566.32 $)
2,917.48 €
(3,168.00 $)
     +459.4 %
International Primary School, Yearly for 1 Child 9,376.19 €
(10,181.31 $)
53,413.48 €
(58,000.00 $)
     +469.7 %
Clothing And Shoes
Madrid Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 86.91 €
(94.37 $)
63.51 €
(68.96 $)
     -26.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.38 €
(38.41 $)
43.33 €
(47.05 $)
     +22.5 %
1 Pair of Nike Running Shoes (Mid-Range) 89.57 €
(97.26 $)
95.65 €
(103.86 $)
     +6.8 %
1 Pair of Men Leather Business Shoes 106.38 €
(115.51 $)
151.15 €
(164.12 $)
     +42.1 %
Rent Per Month
Madrid Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,348.94 €
(1,464.77 $)
3,934.27 €
(4,272.10 $)
     +191.7 %
Apartment (1 bedroom) Outside of Centre 973.91 €
(1,057.54 $)
2,802.45 €
(3,043.09 $)
     +187.8 %
Apartment (3 bedrooms) in City Centre 2,287.88 €
(2,484.34 $)
8,672.16 €
(9,416.82 $)
     +279.0 %
Apartment (3 bedrooms) Outside of Centre 1,631.52 €
(1,771.62 $)
4,699.24 €
(5,102.76 $)
     +188.0 %
Buy Apartment Price
Madrid Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 517.44 €
(561.87 $)
1,745.75 €
(1,895.65 $)
     +237.4 %
Price per Square Feet to Buy Apartment Outside of Centre 312.52 €
(339.36 $)
1,464.09 €
(1,589.81 $)
     +368.5 %
Salaries And Financing
Madrid Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 2,329.46 €
(2,529.48 $)
4,997.55 €
(5,426.68 $)
     +114.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.29 7.24      +119.7 %
Last update: July 2024July 2024
Contributors in the past 12 months:486513