Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 48.2% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Madrid is 57.7% lower than in New York, NY | |
| Rent Prices in Madrid are 69.0% lower than in New York, NY | |
| Restaurant Prices in Madrid are 43.4% lower than in New York, NY | |
| Groceries Prices in Madrid are 47.8% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 10.3% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.63 €) |
16.29 $ (15.00 €) |
-45.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
125.00 $ (115.12 €) |
65.15 $ (60.00 €) |
-47.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.05 €) |
10.86 $ (10.00 €) |
-9.5 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.37 €) |
3.80 $ (3.50 €) |
-52.5 % |
| Imported Beer (12 oz small bottle) |
10.00 $ (9.21 €) |
4.34 $ (4.00 €) |
-56.6 % |
| Cappuccino (regular) |
5.71 $ (5.26 €) |
2.62 $ (2.41 €) |
-54.2 % |
| Coke/Pepsi (12 oz small bottle) |
3.06 $ (2.81 €) |
2.79 $ (2.57 €) |
-8.7 % |
| Water (12 oz small bottle) |
2.30 $ (2.12 €) |
1.83 $ (1.68 €) |
-20.6 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.51 $ (5.08 €) |
4.41 $ (4.06 €) |
-20.1 % |
| Loaf of Fresh White Bread (1 lb) |
4.24 $ (3.91 €) |
1.49 $ (1.38 €) |
-64.8 % |
| Rice (white), (1 lb) |
3.36 $ (3.10 €) |
0.74 $ (0.68 €) |
-78.1 % |
| Eggs (regular) (12) |
5.17 $ (4.76 €) |
3.08 $ (2.83 €) |
-40.4 % |
| Local Cheese (1 lb) |
7.58 $ (6.98 €) |
6.86 $ (6.31 €) |
-9.5 % |
| Chicken Fillets (1 lb) |
6.65 $ (6.12 €) |
3.85 $ (3.55 €) |
-42.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.80 $ (8.10 €) |
7.05 $ (6.49 €) |
-19.9 % |
| Apples (1 lb) |
3.10 $ (2.85 €) |
1.16 $ (1.07 €) |
-62.6 % |
| Banana (1 lb) |
0.95 $ (0.88 €) |
0.93 $ (0.85 €) |
-2.5 % |
| Oranges (1 lb) |
2.69 $ (2.48 €) |
0.98 $ (0.91 €) |
-63.4 % |
| Tomato (1 lb) |
2.73 $ (2.51 €) |
1.09 $ (1.01 €) |
-59.9 % |
| Potato (1 lb) |
1.72 $ (1.59 €) |
0.79 $ (0.73 €) |
-54.0 % |
| Onion (1 lb) |
1.73 $ (1.59 €) |
0.78 $ (0.72 €) |
-54.7 % |
| Lettuce (1 head) |
3.19 $ (2.94 €) |
1.30 $ (1.19 €) |
-59.4 % |
| Water (1.5 liter bottle) |
2.36 $ (2.18 €) |
0.94 $ (0.87 €) |
-60.0 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.42 €) |
6.52 $ (6.00 €) |
-67.4 % |
| Domestic Beer (0.5 liter bottle) |
2.75 $ (2.53 €) |
1.31 $ (1.21 €) |
-52.4 % |
| Imported Beer (12 oz small bottle) |
3.69 $ (3.40 €) |
1.97 $ (1.81 €) |
-46.6 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.66 €) |
6.11 $ (5.62 €) |
-64.1 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.67 €) |
1.63 $ (1.50 €) |
-43.8 % |
| Monthly Pass (Regular Price) |
132.00 $ (121.56 €) |
54.29 $ (50.00 €) |
-58.9 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.60 €) |
3.80 $ (3.50 €) |
-24.0 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.22 €) |
2.27 $ (2.09 €) |
-35.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.31 €) |
25.93 $ (23.88 €) |
-23.7 % |
| Gasoline (1 gallon) |
3.83 $ (3.52 €) |
6.93 $ (6.39 €) |
+81.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (32,232.27 €) |
36,230.00 $ (33,365.00 €) |
+3.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,263.92 $ (26,028.86 €) |
30,473.54 $ (28,063.75 €) |
+7.8 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
171.22 $ (157.68 €) |
166.37 $ (153.21 €) |
-2.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
67.93 $ (62.56 €) |
16.03 $ (14.76 €) |
-76.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
66.81 $ (61.53 €) |
34.51 $ (31.78 €) |
-48.3 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
145.60 $ (134.09 €) |
47.14 $ (43.41 €) |
-67.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
74.38 $ (68.49 €) |
13.86 $ (12.77 €) |
-81.4 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.42 €) |
10.86 $ (10.00 €) |
-45.7 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,168.00 $ (2,917.48 €) |
566.32 $ (521.54 €) |
-82.1 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (53,413.48 €) |
10,181.31 $ (9,376.19 €) |
-82.4 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
68.96 $ (63.51 €) |
94.37 $ (86.91 €) |
+36.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
47.05 $ (43.33 €) |
38.41 $ (35.38 €) |
-18.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
103.86 $ (95.65 €) |
97.26 $ (89.57 €) |
-6.4 % |
| 1 Pair of Men Leather Business Shoes |
164.12 $ (151.15 €) |
115.51 $ (106.38 €) |
-29.6 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,272.10 $ (3,934.27 €) |
1,464.77 $ (1,348.94 €) |
-65.7 % |
| Apartment (1 bedroom) Outside of Centre |
3,043.09 $ (2,802.45 €) |
1,057.54 $ (973.91 €) |
-65.2 % |
| Apartment (3 bedrooms) in City Centre |
9,416.82 $ (8,672.16 €) |
2,484.34 $ (2,287.88 €) |
-73.6 % |
| Apartment (3 bedrooms) Outside of Centre |
5,102.76 $ (4,699.24 €) |
1,771.62 $ (1,631.52 €) |
-65.3 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,895.65 $ (1,745.75 €) |
561.87 $ (517.44 €) |
-70.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,589.81 $ (1,464.09 €) |
339.36 $ (312.52 €) |
-78.7 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,426.68 $ (4,997.55 €) |
2,529.48 $ (2,329.46 €) |
-53.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 7.24 | 3.29 | -54.5 % |
| Last update: | July 2024 | July 2024 | |
| Contributors in the past 12 months: | 513 | 486 |
Moving to New York, NY? Explore:
Moving to Madrid? Explore:
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 |
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 |