Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 45.8% lower than in New York, NY (excluding rent) | |
| Cost of Living Including Rent in Madrid is 54.6% lower than in New York, NY | |
| Rent Prices in Madrid are 65.7% lower than in New York, NY | |
| Restaurant Prices in Madrid are 43.8% lower than in New York, NY | |
| Groceries Prices in Madrid are 48.2% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 5.1% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (26.38 €) |
17.06 $ (15.00 €) |
-43.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
140.00 $ (123.10 €) |
68.24 $ (60.00 €) |
-51.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
13.00 $ (11.43 €) |
11.37 $ (10.00 €) |
-12.5 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.03 €) |
4.04 $ (3.55 €) |
-49.5 % |
| Imported Beer (12 oz small bottle) |
12.00 $ (10.55 €) |
4.55 $ (4.00 €) |
-62.1 % |
| Cappuccino (regular) |
5.98 $ (5.26 €) |
2.91 $ (2.56 €) |
-51.3 % |
| Coke/Pepsi (12 oz small bottle) |
3.20 $ (2.81 €) |
3.05 $ (2.68 €) |
-4.5 % |
| Water (12 oz small bottle) |
2.56 $ (2.25 €) |
2.05 $ (1.80 €) |
-19.7 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.98 $ (5.26 €) |
4.51 $ (3.96 €) |
-24.7 % |
| Loaf of Fresh White Bread (1 lb) |
4.50 $ (3.96 €) |
1.46 $ (1.28 €) |
-67.6 % |
| Rice (white), (1 lb) |
3.55 $ (3.12 €) |
0.74 $ (0.65 €) |
-79.2 % |
| Eggs (regular) (12) |
6.28 $ (5.52 €) |
3.29 $ (2.89 €) |
-47.6 % |
| Local Cheese (1 lb) |
7.57 $ (6.66 €) |
6.28 $ (5.52 €) |
-17.1 % |
| Chicken Fillets (1 lb) |
7.00 $ (6.15 €) |
4.00 $ (3.52 €) |
-42.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.98 $ (7.89 €) |
7.28 $ (6.40 €) |
-18.9 % |
| Apples (1 lb) |
3.38 $ (2.98 €) |
1.15 $ (1.01 €) |
-66.1 % |
| Banana (1 lb) |
1.10 $ (0.96 €) |
0.95 $ (0.83 €) |
-13.6 % |
| Oranges (1 lb) |
2.47 $ (2.17 €) |
1.10 $ (0.97 €) |
-55.4 % |
| Tomato (1 lb) |
2.70 $ (2.38 €) |
1.15 $ (1.01 €) |
-57.4 % |
| Potato (1 lb) |
1.64 $ (1.44 €) |
0.92 $ (0.81 €) |
-44.1 % |
| Onion (1 lb) |
1.66 $ (1.46 €) |
0.91 $ (0.80 €) |
-45.4 % |
| Lettuce (1 head) |
3.06 $ (2.69 €) |
1.29 $ (1.14 €) |
-57.7 % |
| Water (1.5 liter bottle) |
2.57 $ (2.26 €) |
0.96 $ (0.84 €) |
-62.7 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (17.59 €) |
6.82 $ (6.00 €) |
-65.9 % |
| Domestic Beer (0.5 liter bottle) |
2.90 $ (2.55 €) |
1.39 $ (1.22 €) |
-52.1 % |
| Imported Beer (12 oz small bottle) |
3.81 $ (3.35 €) |
2.21 $ (1.94 €) |
-42.1 % |
| Cigarettes 20 Pack (Marlboro) |
18.00 $ (15.83 €) |
6.82 $ (6.00 €) |
-62.1 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.55 €) |
1.71 $ (1.50 €) |
-41.2 % |
| Monthly Pass (Regular Price) |
132.00 $ (116.06 €) |
39.81 $ (35.00 €) |
-69.8 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.39 €) |
3.98 $ (3.50 €) |
-20.3 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.08 €) |
2.38 $ (2.09 €) |
-32.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
42.00 $ (36.93 €) |
28.43 $ (25.00 €) |
-32.3 % |
| Gasoline (1 gallon) |
3.73 $ (3.28 €) |
7.13 $ (6.27 €) |
+91.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,500.00 $ (30,334.19 €) |
37,947.03 $ (33,365.00 €) |
+10.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,985.28 $ (24,606.11 €) |
32,977.13 $ (28,995.21 €) |
+17.8 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
182.18 $ (160.18 €) |
184.78 $ (162.47 €) |
+1.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
61.22 $ (53.83 €) |
18.69 $ (16.43 €) |
-69.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
63.40 $ (55.74 €) |
34.54 $ (30.37 €) |
-45.5 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
156.46 $ (137.57 €) |
45.94 $ (40.39 €) |
-70.6 % |
| Tennis Court Rent (1 Hour on Weekend) |
64.58 $ (56.79 €) |
16.41 $ (14.43 €) |
-74.6 % |
| Cinema, International Release, 1 Seat |
20.00 $ (17.59 €) |
11.37 $ (10.00 €) |
-43.1 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,146.67 $ (2,766.71 €) |
638.46 $ (561.36 €) |
-79.7 % |
| International Primary School, Yearly for 1 Child |
56,857.14 $ (49,991.76 €) |
11,786.33 $ (10,363.16 €) |
-79.3 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
65.47 $ (57.56 €) |
92.16 $ (81.03 €) |
+40.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.95 $ (43.04 €) |
40.74 $ (35.82 €) |
-16.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
111.04 $ (97.63 €) |
103.69 $ (91.17 €) |
-6.6 % |
| 1 Pair of Men Leather Business Shoes |
174.73 $ (153.63 €) |
126.20 $ (110.96 €) |
-27.8 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
3,952.41 $ (3,475.16 €) |
1,517.50 $ (1,334.27 €) |
-61.6 % |
| Apartment (1 bedroom) Outside of Centre |
2,757.42 $ (2,424.47 €) |
1,097.92 $ (965.35 €) |
-60.2 % |
| Apartment (3 bedrooms) in City Centre |
8,512.07 $ (7,484.25 €) |
2,627.83 $ (2,310.53 €) |
-69.1 % |
| Apartment (3 bedrooms) Outside of Centre |
5,209.23 $ (4,580.23 €) |
1,760.15 $ (1,547.62 €) |
-66.2 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,667.95 $ (1,466.54 €) |
699.79 $ (615.29 €) |
-58.0 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,197.27 $ (1,052.70 €) |
411.14 $ (361.50 €) |
-65.7 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,263.10 $ (4,627.59 €) |
2,267.74 $ (1,993.92 €) |
-56.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.52 | 3.54 | -45.7 % |
| Last update: | April 2025 | April 2025 | |
| Contributors in the past 12 months: | 377 | 358 |
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 Glen Cove, New York | 30.15 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 |