Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 49.9% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Madrid are 59.3% lower than in New York, NY | |
| Rent Prices in Madrid are 69.6% lower than in New York, NY | |
| Restaurant Prices in Madrid are 48.8% lower than in New York, NY | |
| Groceries Prices in Madrid are 51.0% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 10.0% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.92 €) |
15.04 $ (14.00 €) |
-49.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (120.98 €) |
64.47 $ (60.00 €) |
-50.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.17 €) |
9.67 $ (9.00 €) |
-19.4 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.45 €) |
3.76 $ (3.50 €) |
-53.0 % |
| Imported Beer (12 oz small bottle) |
11.00 $ (10.24 €) |
3.76 $ (3.50 €) |
-65.8 % |
| Cappuccino (regular) |
5.72 $ (5.32 €) |
2.53 $ (2.35 €) |
-55.7 % |
| Coke/Pepsi (12 oz small bottle) |
3.17 $ (2.95 €) |
2.59 $ (2.41 €) |
-18.4 % |
| Water (12 oz small bottle) |
2.33 $ (2.17 €) |
1.71 $ (1.59 €) |
-26.8 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.65 $ (5.25 €) |
4.30 $ (4.00 €) |
-23.8 % |
| Loaf of Fresh White Bread (1 lb) |
4.39 $ (4.08 €) |
1.48 $ (1.38 €) |
-66.3 % |
| Rice (white), (1 lb) |
3.33 $ (3.10 €) |
0.72 $ (0.67 €) |
-78.5 % |
| Eggs (regular) (12) |
5.22 $ (4.85 €) |
2.96 $ (2.76 €) |
-43.2 % |
| Local Cheese (1 lb) |
7.64 $ (7.11 €) |
6.48 $ (6.03 €) |
-15.2 % |
| Chicken Fillets (1 lb) |
7.05 $ (6.56 €) |
3.70 $ (3.45 €) |
-47.5 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.99 $ (8.37 €) |
6.71 $ (6.24 €) |
-25.4 % |
| Apples (1 lb) |
3.10 $ (2.89 €) |
1.09 $ (1.01 €) |
-64.9 % |
| Banana (1 lb) |
0.95 $ (0.88 €) |
0.86 $ (0.80 €) |
-9.4 % |
| Oranges (1 lb) |
2.53 $ (2.35 €) |
0.84 $ (0.78 €) |
-66.8 % |
| Tomato (1 lb) |
2.86 $ (2.66 €) |
1.09 $ (1.01 €) |
-61.9 % |
| Potato (1 lb) |
1.81 $ (1.68 €) |
0.68 $ (0.64 €) |
-62.2 % |
| Onion (1 lb) |
1.69 $ (1.57 €) |
0.72 $ (0.67 €) |
-57.5 % |
| Lettuce (1 head) |
3.01 $ (2.80 €) |
1.26 $ (1.18 €) |
-58.1 % |
| Water (1.5 liter bottle) |
2.44 $ (2.27 €) |
0.91 $ (0.85 €) |
-62.7 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.61 €) |
6.45 $ (6.00 €) |
-67.8 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (2.35 €) |
1.27 $ (1.19 €) |
-49.6 % |
| Imported Beer (12 oz small bottle) |
3.86 $ (3.59 €) |
1.89 $ (1.76 €) |
-50.9 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.82 €) |
6.04 $ (5.62 €) |
-64.4 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.70 €) |
1.61 $ (1.50 €) |
-44.4 % |
| Monthly Pass (Regular Price) |
132.00 $ (122.84 €) |
42.98 $ (40.00 €) |
-67.4 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.65 €) |
3.22 $ (3.00 €) |
-35.5 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.26 €) |
2.08 $ (1.93 €) |
-40.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.64 €) |
23.64 $ (22.00 €) |
-30.5 % |
| Gasoline (1 gallon) |
3.85 $ (3.59 €) |
6.69 $ (6.23 €) |
+73.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (32,572.01 €) |
35,852.10 $ (33,365.00 €) |
+2.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,356.86 $ (26,389.71 €) |
29,678.57 $ (27,619.74 €) |
+4.7 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
187.85 $ (174.82 €) |
150.97 $ (140.50 €) |
-19.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
68.17 $ (63.44 €) |
14.82 $ (13.79 €) |
-78.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.82 $ (66.84 €) |
32.10 $ (29.87 €) |
-55.3 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
147.95 $ (137.69 €) |
46.98 $ (43.72 €) |
-68.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
93.12 $ (86.66 €) |
11.00 $ (10.24 €) |
-88.2 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.61 €) |
10.75 $ (10.00 €) |
-46.3 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,123.56 $ (2,906.87 €) |
529.32 $ (492.60 €) |
-83.1 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (53,976.48 €) |
9,294.79 $ (8,650.00 €) |
-84.0 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
72.17 $ (67.17 €) |
74.16 $ (69.01 €) |
+2.7 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (44.89 €) |
29.77 $ (27.70 €) |
-38.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
101.23 $ (94.21 €) |
81.93 $ (76.25 €) |
-19.1 % |
| 1 Pair of Men Leather Business Shoes |
169.09 $ (157.36 €) |
88.59 $ (82.44 €) |
-47.6 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,203.82 $ (3,912.20 €) |
1,332.94 $ (1,240.47 €) |
-68.3 % |
| Apartment (1 bedroom) Outside of Centre |
2,895.30 $ (2,694.45 €) |
964.51 $ (897.60 €) |
-66.7 % |
| Apartment (3 bedrooms) in City Centre |
8,779.04 $ (8,170.03 €) |
2,296.83 $ (2,137.50 €) |
-73.8 % |
| Apartment (3 bedrooms) Outside of Centre |
4,625.19 $ (4,304.33 €) |
1,646.11 $ (1,531.91 €) |
-64.4 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,710.37 $ (1,591.72 €) |
442.06 $ (411.40 €) |
-74.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (1,063.47 €) |
254.73 $ (237.06 €) |
-77.7 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,903.58 $ (5,494.04 €) |
2,643.62 $ (2,460.23 €) |
-55.2 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.74 | 2.49 | -63.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 490 | 536 |
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 |