Cost of Living Comparison Between Madrid and New York, NY 
| Indices Difference |  |
|---|---|
| Consumer Prices in New York, NY are 97.2% higher than in Madrid (without rent) | |
| Consumer Prices Including Rent in New York, NY are 145.0% higher than in Madrid | |
| Rent Prices in New York, NY are 232.6% higher than in Madrid | |
| Restaurant Prices in New York, NY are 96.1% higher than in Madrid | |
| Groceries Prices in New York, NY are 108.9% higher than in Madrid | |
| Local Purchasing Power in New York, NY is 6.5% lower than in Madrid | |
Restaurants | Madrid Edit |
New York, NY Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
14.00 € (14.90 $) |
28.18 € (30.00 $) |
+101.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
60.00 € (63.87 $) |
122.11 € (130.00 $) |
+103.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
9.00 € (9.58 $) |
11.27 € (12.00 $) |
+25.2 % |
| Domestic Beer (1 pint draught) |
3.50 € (3.73 $) |
7.51 € (8.00 $) |
+114.7 % |
| Imported Beer (12 oz small bottle) |
3.50 € (3.73 $) |
9.86 € (10.50 $) |
+181.8 % |
| Cappuccino (regular) |
2.35 € (2.51 $) |
5.22 € (5.56 $) |
+121.8 % |
| Coke/Pepsi (12 oz small bottle) |
2.40 € (2.55 $) |
2.83 € (3.02 $) |
+18.1 % |
| Water (12 oz small bottle) |
1.55 € (1.65 $) |
2.15 € (2.29 $) |
+38.7 % |
Markets | Madrid Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) |
4.04 € (4.30 $) |
5.46 € (5.82 $) |
+35.2 % |
| Loaf of Fresh White Bread (1 lb) |
1.32 € (1.41 $) |
4.03 € (4.29 $) |
+204.4 % |
| Rice (white), (1 lb) |
0.64 € (0.68 $) |
3.05 € (3.25 $) |
+375.0 % |
| Eggs (regular) (12) |
2.78 € (2.96 $) |
5.13 € (5.46 $) |
+84.5 % |
| Local Cheese (1 lb) |
5.86 € (6.24 $) |
7.19 € (7.65 $) |
+22.6 % |
| Chicken Fillets (1 lb) |
3.42 € (3.64 $) |
6.70 € (7.13 $) |
+96.1 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
6.16 € (6.56 $) |
8.49 € (9.04 $) |
+37.9 % |
| Apples (1 lb) |
1.01 € (1.07 $) |
2.95 € (3.14 $) |
+193.3 % |
| Banana (1 lb) |
0.80 € (0.85 $) |
0.87 € (0.93 $) |
+8.5 % |
| Oranges (1 lb) |
0.81 € (0.87 $) |
2.54 € (2.70 $) |
+212.1 % |
| Tomato (1 lb) |
1.04 € (1.10 $) |
2.64 € (2.82 $) |
+154.8 % |
| Potato (1 lb) |
0.62 € (0.66 $) |
1.81 € (1.93 $) |
+191.2 % |
| Onion (1 lb) |
0.67 € (0.72 $) |
1.61 € (1.71 $) |
+138.7 % |
| Lettuce (1 head) |
1.19 € (1.27 $) |
2.70 € (2.88 $) |
+126.3 % |
| Water (1.5 liter bottle) |
0.86 € (0.92 $) |
2.28 € (2.43 $) |
+165.2 % |
| Bottle of Wine (Mid-Range) |
6.00 € (6.39 $) |
18.79 € (20.00 $) |
+213.1 % |
| Domestic Beer (0.5 liter bottle) |
1.14 € (1.22 $) |
2.37 € (2.53 $) |
+107.4 % |
| Imported Beer (12 oz small bottle) |
1.78 € (1.89 $) |
3.60 € (3.83 $) |
+102.5 % |
| Cigarettes 20 Pack (Marlboro) |
5.60 € (5.96 $) |
15.97 € (17.00 $) |
+185.2 % |
Transportation | Madrid Edit |
New York, NY Edit | |
| One-way Ticket (Local Transport) |
1.50 € (1.60 $) |
2.72 € (2.90 $) |
+81.6 % |
| Monthly Pass (Regular Price) |
40.00 € (42.58 $) |
123.99 € (132.00 $) |
+210.0 % |
| Taxi Start (Normal Tariff) |
3.00 € (3.19 $) |
4.70 € (5.00 $) |
+56.6 % |
| Taxi 1 mile (Normal Tariff) |
1.93 € (2.06 $) |
3.29 € (3.50 $) |
+70.2 % |
| Taxi 1hour Waiting (Normal Tariff) |
22.00 € (23.42 $) |
28.18 € (30.00 $) |
+28.1 % |
| Gasoline (1 gallon) |
6.21 € (6.62 $) |
3.63 € (3.87 $) |
-41.5 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
33,182.50 € (35,325.22 $) |
26,301.60 € (28,000.00 $) |
-20.7 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,043.06 € (28,789.33 $) |
25,412.29 € (27,053.26 $) |
-6.0 % |
Utilities (Monthly) | Madrid Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
133.93 € (142.58 $) |
161.20 € (171.61 $) |
+20.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
13.88 € (14.78 $) |
57.94 € (61.68 $) |
+317.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
29.03 € (30.90 $) |
65.81 € (70.06 $) |
+126.7 % |
Sports And Leisure | Madrid Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
43.50 € (46.31 $) |
124.13 € (132.14 $) |
+185.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
9.63 € (10.25 $) |
69.67 € (74.17 $) |
+623.3 % |
| Cinema, International Release, 1 Seat |
10.00 € (10.65 $) |
18.79 € (20.00 $) |
+87.9 % |
Childcare | Madrid Edit |
New York, NY Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
488.60 € (520.15 $) |
2,879.69 € (3,065.64 $) |
+489.4 % |
| International Primary School, Yearly for 1 Child |
9,115.00 € (9,703.59 $) |
59,413.44 € (63,250.00 $) |
+551.8 % |
Clothing And Shoes | Madrid Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
65.46 € (69.69 $) |
64.65 € (68.82 $) |
-1.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
27.62 € (29.40 $) |
42.67 € (45.42 $) |
+54.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
74.22 € (79.01 $) |
91.12 € (97.00 $) |
+22.8 % |
| 1 Pair of Men Leather Business Shoes |
80.57 € (85.78 $) |
155.80 € (165.86 $) |
+93.4 % |
Rent Per Month | Madrid Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre |
1,195.38 € (1,272.57 $) |
3,909.68 € (4,162.14 $) |
+227.1 % |
| Apartment (1 bedroom) Outside of Centre |
874.02 € (930.46 $) |
2,735.72 € (2,912.38 $) |
+213.0 % |
| Apartment (3 bedrooms) in City Centre |
2,088.68 € (2,223.55 $) |
7,921.37 € (8,432.88 $) |
+279.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,472.55 € (1,567.64 $) |
4,162.63 € (4,431.43 $) |
+182.7 % |
Buy Apartment Price | Madrid Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
402.79 € (428.80 $) |
1,595.79 € (1,698.83 $) |
+296.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
233.67 € (248.76 $) |
1,120.40 € (1,192.75 $) |
+379.5 % |
Salaries And Financing | Madrid Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) |
2,416.12 € (2,572.14 $) |
5,534.61 € (5,892.00 $) |
+129.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 2.53 | 6.67 | +164.0 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 573 | 501 |
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 |