Cost of Living Comparison Between Madrid and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 96.1% higher than in Madrid (without rent)
Consumer Prices Including Rent in New York, NY are 143.8% higher than in Madrid
Rent Prices in New York, NY are 231.9% higher than in Madrid
Restaurant Prices in New York, NY are 95.5% higher than in Madrid
Groceries Prices in New York, NY are 107.8% higher than in Madrid
Local Purchasing Power in New York, NY is 6.9% lower than in Madrid
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Madrid Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 14.00 €
(14.96 $)
28.08 €
(30.00 $)
     +100.6 %
Meal for 2 People, Mid-range Restaurant, Three-course 60.00 €
(64.10 $)
121.68 €
(130.00 $)
     +102.8 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.00 €
(9.62 $)
11.23 €
(12.00 $)
     +24.8 %
Domestic Beer (1 pint draught) 3.48 €
(3.71 $)
7.49 €
(8.00 $)
     +115.5 %
Imported Beer (12 oz small bottle) 3.50 €
(3.74 $)
9.83 €
(10.50 $)
     +180.8 %
Cappuccino (regular) 2.34 €
(2.50 $)
5.20 €
(5.56 $)
     +122.8 %
Coke/Pepsi (12 oz small bottle) 2.40 €
(2.56 $)
2.82 €
(3.02 $)
     +17.7 %
Water (12 oz small bottle) 1.55 €
(1.65 $)
2.14 €
(2.29 $)
     +38.2 %
Markets
Madrid Edit New York, NY Edit
Milk (regular), (1 gallon) 4.03 €
(4.30 $)
5.44 €
(5.82 $)
     +35.1 %
Loaf of Fresh White Bread (1 lb) 1.32 €
(1.41 $)
4.01 €
(4.29 $)
     +203.4 %
Rice (white), (1 lb) 0.66 €
(0.70 $)
3.04 €
(3.25 $)
     +363.1 %
Eggs (regular) (12) 2.78 €
(2.97 $)
5.11 €
(5.46 $)
     +83.8 %
Local Cheese (1 lb) 5.86 €
(6.27 $)
7.17 €
(7.65 $)
     +22.2 %
Chicken Fillets (1 lb) 3.42 €
(3.65 $)
6.68 €
(7.13 $)
     +95.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.16 €
(6.58 $)
8.46 €
(9.04 $)
     +37.4 %
Apples (1 lb) 1.01 €
(1.08 $)
2.94 €
(3.14 $)
     +192.3 %
Banana (1 lb) 0.80 €
(0.86 $)
0.87 €
(0.93 $)
     +8.1 %
Oranges (1 lb) 0.81 €
(0.87 $)
2.53 €
(2.70 $)
     +211.0 %
Tomato (1 lb) 1.04 €
(1.11 $)
2.64 €
(2.82 $)
     +153.9 %
Potato (1 lb) 0.62 €
(0.67 $)
1.81 €
(1.93 $)
     +189.2 %
Onion (1 lb) 0.67 €
(0.72 $)
1.60 €
(1.71 $)
     +137.8 %
Lettuce (1 head) 1.21 €
(1.29 $)
2.69 €
(2.88 $)
     +123.0 %
Water (1.5 liter bottle) 0.88 €
(0.94 $)
2.27 €
(2.43 $)
     +157.6 %
Bottle of Wine (Mid-Range) 6.00 €
(6.41 $)
18.72 €
(20.00 $)
     +212.0 %
Domestic Beer (0.5 liter bottle) 1.14 €
(1.22 $)
2.37 €
(2.53 $)
     +106.7 %
Imported Beer (12 oz small bottle) 1.80 €
(1.93 $)
3.58 €
(3.83 $)
     +98.7 %
Cigarettes 20 Pack (Marlboro) 5.62 €
(6.01 $)
15.91 €
(17.00 $)
     +182.9 %
Transportation
Madrid Edit New York, NY Edit
One-way Ticket (Local Transport) 1.50 €
(1.60 $)
2.71 €
(2.90 $)
     +81.0 %
Monthly Pass (Regular Price) 40.00 €
(42.73 $)
123.56 €
(132.00 $)
     +208.9 %
Taxi Start (Normal Tariff) 3.00 €
(3.21 $)
4.68 €
(5.00 $)
     +56.0 %
Taxi 1 mile (Normal Tariff) 1.93 €
(2.06 $)
3.28 €
(3.50 $)
     +69.6 %
Taxi 1hour Waiting (Normal Tariff) 22.00 €
(23.50 $)
28.08 €
(30.00 $)
     +27.6 %
Gasoline (1 gallon) 6.22 €
(6.64 $)
3.62 €
(3.87 $)
     -41.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 33,365.00 €
(35,645.07 $)
26,208.95 €
(28,000.00 $)
     -21.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,619.74 €
(29,507.19 $)
25,322.77 €
(27,053.26 $)
     -8.3 %
Utilities (Monthly)
Madrid Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 138.91 €
(148.40 $)
166.03 €
(177.38 $)
     +19.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 13.73 €
(14.67 $)
58.93 €
(62.96 $)
     +329.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 29.56 €
(31.58 $)
65.31 €
(69.77 $)
     +120.9 %
Sports And Leisure
Madrid Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 43.33 €
(46.29 $)
123.69 €
(132.14 $)
     +185.4 %
Tennis Court Rent (1 Hour on Weekend) 9.80 €
(10.47 $)
69.42 €
(74.17 $)
     +608.0 %
Cinema, International Release, 1 Seat 10.00 €
(10.68 $)
18.72 €
(20.00 $)
     +87.2 %
Childcare
Madrid Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 489.04 €
(522.46 $)
2,869.54 €
(3,065.64 $)
     +486.8 %
International Primary School, Yearly for 1 Child 9,061.90 €
(9,681.17 $)
59,204.15 €
(63,250.00 $)
     +553.3 %
Clothing And Shoes
Madrid Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 67.13 €
(71.72 $)
64.42 €
(68.82 $)
     -4.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 27.32 €
(29.19 $)
42.52 €
(45.42 $)
     +55.6 %
1 Pair of Nike Running Shoes (Mid-Range) 74.79 €
(79.90 $)
90.79 €
(97.00 $)
     +21.4 %
1 Pair of Men Leather Business Shoes 81.70 €
(87.28 $)
155.25 €
(165.86 $)
     +90.0 %
Rent Per Month
Madrid Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,190.88 €
(1,272.26 $)
3,895.90 €
(4,162.14 $)
     +227.1 %
Apartment (1 bedroom) Outside of Centre 868.24 €
(927.57 $)
2,726.09 €
(2,912.38 $)
     +214.0 %
Apartment (3 bedrooms) in City Centre 2,077.19 €
(2,219.14 $)
7,893.47 €
(8,432.88 $)
     +280.0 %
Apartment (3 bedrooms) Outside of Centre 1,487.21 €
(1,588.84 $)
4,147.97 €
(4,431.43 $)
     +178.9 %
Buy Apartment Price
Madrid Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 411.50 €
(439.62 $)
1,590.16 €
(1,698.83 $)
     +286.4 %
Price per Square Feet to Buy Apartment Outside of Centre 236.31 €
(252.45 $)
1,116.45 €
(1,192.75 $)
     +372.5 %
Salaries And Financing
Madrid Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 2,475.10 €
(2,644.25 $)
5,616.50 €
(6,000.32 $)
     +126.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.48 6.67      +168.9 %
Last update: April 2024April 2024
Contributors in the past 12 months:581505