Cost of Living Comparison Between Madrid and New York, NY 

Indices DifferenceInfo
Cost of Living in New York, NY is 105.7% higher than in Madrid (without rent)
Cost of Living Including Rent in New York, NY is 146.6% higher than in Madrid
Rent Prices in New York, NY are 229.0% higher than in Madrid
Restaurant Prices in New York, NY are 90.9% higher than in Madrid
Groceries Prices in New York, NY are 119.3% higher than in Madrid
Local Purchasing Power in New York, NY is 1.4% higher than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(15.50 $)
29.04 €
(30.00 $)
     +93.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(61.99 $)
125.83 €
(130.00 $)
     +109.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 €
(10.33 $)
11.61 €
(12.00 $)
     +16.1 %
Domestic Beer (1 pint draught) 3.50 €
(3.62 $)
8.71 €
(9.00 $)
     +148.9 %
Imported Beer (12 oz small bottle) 4.00 €
(4.13 $)
11.61 €
(12.00 $)
     +190.4 %
Cappuccino (regular) 2.45 €
(2.53 $)
5.67 €
(5.86 $)
     +131.7 %
Coke/Pepsi (12 oz small bottle) 2.63 €
(2.72 $)
3.11 €
(3.21 $)
     +18.2 %
Water (12 oz small bottle) 1.71 €
(1.76 $)
2.41 €
(2.49 $)
     +41.3 %
Markets
Madrid Edit New York, NY Edit
Milk (regular), (1 gallon) 3.93 €
(4.06 $)
5.66 €
(5.84 $)
     +44.0 %
Loaf of Fresh White Bread (1 lb) 1.27 €
(1.32 $)
4.30 €
(4.44 $)
     +237.7 %
Rice (white), (1 lb) 0.63 €
(0.65 $)
3.45 €
(3.57 $)
     +449.8 %
Eggs (regular) (12) 2.85 €
(2.94 $)
5.38 €
(5.55 $)
     +88.6 %
Local Cheese (1 lb) 5.46 €
(5.64 $)
7.66 €
(7.91 $)
     +40.3 %
Chicken Fillets (1 lb) 3.51 €
(3.62 $)
6.77 €
(7.00 $)
     +93.2 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.30 €
(6.51 $)
8.84 €
(9.13 $)
     +40.2 %
Apples (1 lb) 0.99 €
(1.02 $)
3.34 €
(3.45 $)
     +239.3 %
Banana (1 lb) 0.82 €
(0.85 $)
1.07 €
(1.11 $)
     +30.3 %
Oranges (1 lb) 0.94 €
(0.97 $)
2.66 €
(2.75 $)
     +181.8 %
Tomato (1 lb) 0.98 €
(1.01 $)
2.87 €
(2.96 $)
     +192.3 %
Potato (1 lb) 0.77 €
(0.79 $)
1.70 €
(1.76 $)
     +122.0 %
Onion (1 lb) 0.74 €
(0.77 $)
1.71 €
(1.76 $)
     +130.2 %
Lettuce (1 head) 1.13 €
(1.17 $)
2.96 €
(3.06 $)
     +161.6 %
Water (1.5 liter bottle) 0.84 €
(0.87 $)
2.46 €
(2.54 $)
     +193.2 %
Bottle of Wine (Mid-Range) 6.00 €
(6.20 $)
19.36 €
(20.00 $)
     +222.6 %
Domestic Beer (0.5 liter bottle) 1.20 €
(1.24 $)
2.80 €
(2.89 $)
     +133.6 %
Imported Beer (12 oz small bottle) 1.90 €
(1.96 $)
3.60 €
(3.72 $)
     +89.8 %
Cigarettes 20 Pack (Marlboro) 6.00 €
(6.20 $)
17.42 €
(18.00 $)
     +190.4 %
Transportation
Madrid Edit New York, NY Edit
One-way Ticket (Local Transport) 1.50 €
(1.55 $)
2.81 €
(2.90 $)
     +87.1 %
Monthly Pass (Regular Price) 35.00 €
(36.16 $)
127.76 €
(132.00 $)
     +265.0 %
Taxi Start (Normal Tariff) 3.50 €
(3.62 $)
4.84 €
(5.00 $)
     +38.3 %
Taxi 1 mile (Normal Tariff) 2.09 €
(2.16 $)
3.39 €
(3.50 $)
     +61.9 %
Taxi 1hour Waiting (Normal Tariff) 25.00 €
(25.83 $)
37.75 €
(39.00 $)
     +51.0 %
Gasoline (1 gallon) 6.35 €
(6.56 $)
3.66 €
(3.79 $)
     -42.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(34,471.04 $)
33,393.03 €
(34,500.00 $)
     +0.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,855.40 €
(29,811.95 $)
26,789.52 €
(27,677.59 $)
     -7.2 %
Utilities (Monthly)
Madrid Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 159.56 €
(164.85 $)
173.74 €
(179.50 $)
     +8.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.71 €
(16.23 $)
61.40 €
(63.43 $)
     +290.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.85 €
(30.84 $)
62.82 €
(64.91 $)
     +110.5 %
Sports And Leisure
Madrid Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 42.20 €
(43.60 $)
150.43 €
(155.42 $)
     +256.5 %
Tennis Court Rent (1 Hour on Weekend) 13.12 €
(13.56 $)
69.90 €
(72.22 $)
     +432.7 %
Cinema, International Release, 1 Seat 10.00 €
(10.33 $)
19.36 €
(20.00 $)
     +93.6 %
Childcare
Madrid Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 547.73 €
(565.88 $)
3,022.26 €
(3,122.44 $)
     +451.8 %
International Primary School, Yearly for 1 Child 9,661.90 €
(9,982.19 $)
57,106.93 €
(59,000.00 $)
     +491.1 %
Clothing And Shoes
Madrid Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 78.81 €
(81.43 $)
65.63 €
(67.81 $)
     -16.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.93 €
(37.12 $)
44.98 €
(46.47 $)
     +25.2 %
1 Pair of Nike Running Shoes (Mid-Range) 91.17 €
(94.19 $)
108.72 €
(112.32 $)
     +19.2 %
1 Pair of Men Leather Business Shoes 110.00 €
(113.65 $)
164.72 €
(170.18 $)
     +49.7 %
Rent Per Month
Madrid Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,349.47 €
(1,394.20 $)
3,830.99 €
(3,957.99 $)
     +183.9 %
Apartment (1 bedroom) Outside of Centre 956.19 €
(987.89 $)
2,794.70 €
(2,887.34 $)
     +192.3 %
Apartment (3 bedrooms) in City Centre 2,257.44 €
(2,332.28 $)
8,248.96 €
(8,522.41 $)
     +265.4 %
Apartment (3 bedrooms) Outside of Centre 1,526.19 €
(1,576.78 $)
5,156.88 €
(5,327.83 $)
     +237.9 %
Buy Apartment Price
Madrid Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 609.96 €
(630.18 $)
1,614.43 €
(1,667.95 $)
     +164.7 %
Price per Square Feet to Buy Apartment Outside of Centre 356.78 €
(368.61 $)
1,158.85 €
(1,197.27 $)
     +224.8 %
Salaries And Financing
Madrid Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 2,143.98 €
(2,215.05 $)
5,359.42 €
(5,537.08 $)
     +150.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.65 6.60      +81.0 %
Last update: February 2025February 2025
Contributors in the past 12 months:327371