Cost of Living Comparison Between Madrid and New York, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in New York, NY is 66.8% higher than in Madrid (excluding rent) | |
| Cost of Living Including Rent in New York, NY is 107.7% higher than in Madrid | |
| Rent Prices in New York, NY are 191.5% higher than in Madrid | |
| Restaurant Prices in New York, NY are 61.3% higher than in Madrid | |
| Groceries Prices in New York, NY are 71.0% higher than in Madrid | |
| Local Purchasing Power in New York, NY is 5.2% lower than in Madrid | |
Restaurants | Madrid Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
15.00 € (17.78 $) |
21.09 € (25.00 $) |
+40.6 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
60.00 € (71.11 $) |
118.13 € (140.00 $) |
+96.9 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
10.00 € (11.85 $) |
11.81 € (14.00 $) |
+18.1 % |
| Domestic Draft Beer (1 Pint) |
3.50 € (4.15 $) |
6.75 € (8.00 $) |
+92.9 % |
| Imported Beer (12 oz Small Bottle) |
4.00 € (4.74 $) |
8.44 € (10.00 $) |
+110.9 % |
| Cappuccino (Regular Size) |
2.53 € (3.00 $) |
4.86 € (5.76 $) |
+92.3 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
2.68 € (3.18 $) |
2.45 € (2.90 $) |
-8.8 % |
| Bottled Water (12 oz) |
1.75 € (2.07 $) |
2.13 € (2.52 $) |
+21.9 % |
Markets | Madrid Edit |
New York, NY Edit | |
| Milk (Regular, 1 Liter) |
1.09 € (1.30 $) |
1.08 € (1.28 $) |
-1.0 % |
| Fresh White Bread (1 lb Loaf) |
1.17 € (1.38 $) |
3.63 € (4.30 $) |
+211.5 % |
| White Rice (1 lb) |
0.71 € (0.84 $) |
2.92 € (3.46 $) |
+312.4 % |
| Eggs (12, Large Size) |
3.22 € (3.82 $) |
5.89 € (6.98 $) |
+82.9 % |
| Local Cheese (1 lb) |
6.65 € (7.88 $) |
6.60 € (7.82 $) |
-0.7 % |
| Chicken Fillets (1 lb) |
3.48 € (4.13 $) |
5.72 € (6.78 $) |
+64.3 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
7.13 € (8.46 $) |
7.63 € (9.04 $) |
+6.9 % |
| Apples (1 lb) |
1.06 € (1.26 $) |
2.57 € (3.05 $) |
+142.6 % |
| Bananas (1 lb) |
0.92 € (1.09 $) |
0.93 € (1.10 $) |
+1.2 % |
| Oranges (1 lb) |
1.03 € (1.23 $) |
2.16 € (2.55 $) |
+108.3 % |
| Tomatoes (1 lb) |
1.08 € (1.28 $) |
2.25 € (2.66 $) |
+107.9 % |
| Potatoes (1 lb) |
0.79 € (0.94 $) |
1.21 € (1.43 $) |
+52.0 % |
| Onions (1 lb) |
0.85 € (1.00 $) |
1.32 € (1.57 $) |
+56.1 % |
| Lettuce (1 Head) |
1.18 € (1.39 $) |
2.47 € (2.93 $) |
+110.0 % |
| Bottled Water (50 oz) |
0.77 € (0.91 $) |
2.10 € (2.49 $) |
+173.3 % |
| Bottle of Wine (Mid-Range) |
7.00 € (8.30 $) |
15.19 € (18.00 $) |
+117.0 % |
| Domestic Beer (16.9 oz Bottle) |
1.20 € (1.42 $) |
3.00 € (3.56 $) |
+151.1 % |
| Imported Beer (12 oz Small Bottle) |
2.02 € (2.39 $) |
3.61 € (4.28 $) |
+79.1 % |
| Cigarettes (Pack of 20, Marlboro) |
6.00 € (7.11 $) |
16.03 € (19.00 $) |
+167.2 % |
Transportation | Madrid Edit |
New York, NY Edit | |
| One-Way Ticket (Local Transport) |
1.50 € (1.78 $) |
2.53 € (3.00 $) |
+68.8 % |
| Monthly Public Transport Pass (Regular Price) |
35.00 € (41.48 $) |
113.06 € (134.00 $) |
+223.0 % |
| Taxi Start (Standard Tariff) |
3.50 € (4.15 $) |
2.53 € (3.00 $) |
-27.7 % |
| Taxi 1 mile (Standard Tariff) |
2.09 € (2.48 $) |
2.95 € (3.50 $) |
+41.2 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
25.00 € (29.63 $) |
35.44 € (42.00 $) |
+41.8 % |
| Gasoline (1 Liter) |
1.57 € (1.87 $) |
0.75 € (0.89 $) |
-52.2 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
31,500.00 € (37,333.20 $) |
29,917.79 € (35,458.00 $) |
-5.0 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
28,561.82 € (33,850.92 $) |
21,742.37 € (25,768.64 $) |
-23.9 % |
Utilities (Monthly) | Madrid Edit |
New York, NY Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
172.72 € (204.71 $) |
163.90 € (194.25 $) |
-5.1 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
16.03 € (19.00 $) |
56.68 € (67.17 $) |
+253.5 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
29.28 € (34.70 $) |
57.38 € (68.00 $) |
+96.0 % |
Sports And Leisure | Madrid Edit |
New York, NY Edit | |
| Monthly Fitness Club Membership |
44.41 € (52.64 $) |
93.13 € (110.38 $) |
+109.7 % |
| Tennis Court Rental (1 Hour, Weekend) |
14.15 € (16.77 $) |
57.38 € (68.00 $) |
+305.5 % |
| Cinema Ticket (International Release) |
10.00 € (11.85 $) |
18.56 € (22.00 $) |
+85.6 % |
Childcare | Madrid Edit |
New York, NY Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
591.50 € (701.03 $) |
2,866.93 € (3,397.83 $) |
+384.7 % |
| International Primary School, Annual Tuition per Child |
14,985.62 € (17,760.68 $) |
49,553.51 € (58,729.88 $) |
+230.7 % |
Clothing And Shoes | Madrid Edit |
New York, NY Edit | |
| Jeans (Levi's 501 or Similar) |
85.06 € (100.81 $) |
58.10 € (68.86 $) |
-31.7 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
33.56 € (39.77 $) |
46.67 € (55.31 $) |
+39.1 % |
| Nike Running Shoes (Mid-Range) |
87.38 € (103.56 $) |
98.61 € (116.87 $) |
+12.9 % |
| Men's Leather Business Shoes |
98.75 € (117.04 $) |
133.88 € (158.67 $) |
+35.6 % |
Rent Per Month | Madrid Edit |
New York, NY Edit | |
| 1 Bedroom Apartment in City Centre |
1,297.00 € (1,537.18 $) |
3,778.30 € (4,477.96 $) |
+191.3 % |
| 1 Bedroom Apartment Outside of City Centre |
989.04 € (1,172.19 $) |
2,336.35 € (2,769.00 $) |
+136.2 % |
| 3 Bedroom Apartment in City Centre |
2,350.81 € (2,786.13 $) |
7,637.07 € (9,051.32 $) |
+224.9 % |
| 3 Bedroom Apartment Outside of City Centre |
1,557.20 € (1,845.56 $) |
4,305.36 € (5,102.63 $) |
+176.5 % |
Buy Apartment Price | Madrid Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
684.87 € (811.70 $) |
1,615.87 € (1,915.09 $) |
+135.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
354.97 € (420.70 $) |
677.20 € (802.60 $) |
+90.8 % |
Salaries And Financing | Madrid Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
2,244.37 € (2,659.98 $) |
4,418.93 € (5,237.24 $) |
+96.9 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 3.13 | 6.67 | +113.3 % |
| Last update: | 17 February 2026 | 17 February 2026 | |
| Contributors in the past 12 months: | 252 | 274 | |
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 Glen Cove, New York | 30.15 miles |