Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 51.2% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Madrid is 59.0% lower than in New York, NY | |
| Rent Prices in Madrid are 68.8% lower than in New York, NY | |
| Restaurant Prices in Madrid are 46.8% lower than in New York, NY | |
| Groceries Prices in Madrid are 53.7% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 1.3% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (28.67 €) |
15.70 $ (15.00 €) |
-47.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (124.22 €) |
62.79 $ (60.00 €) |
-51.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.47 €) |
10.47 $ (10.00 €) |
-12.8 % |
| Domestic Beer (1 pint draught) |
9.00 $ (8.60 €) |
3.66 $ (3.50 €) |
-59.3 % |
| Imported Beer (12 oz small bottle) |
11.50 $ (10.99 €) |
4.19 $ (4.00 €) |
-63.6 % |
| Cappuccino (regular) |
5.85 $ (5.59 €) |
2.53 $ (2.42 €) |
-56.7 % |
| Coke/Pepsi (12 oz small bottle) |
3.18 $ (3.04 €) |
2.78 $ (2.66 €) |
-12.5 % |
| Water (12 oz small bottle) |
2.38 $ (2.27 €) |
1.78 $ (1.70 €) |
-25.0 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.90 $ (5.64 €) |
4.15 $ (3.97 €) |
-29.7 % |
| Loaf of Fresh White Bread (1 lb) |
4.53 $ (4.32 €) |
1.38 $ (1.32 €) |
-69.6 % |
| Rice (white), (1 lb) |
3.67 $ (3.51 €) |
0.69 $ (0.66 €) |
-81.2 % |
| Eggs (regular) (12) |
5.21 $ (4.98 €) |
2.94 $ (2.81 €) |
-43.5 % |
| Local Cheese (1 lb) |
8.14 $ (7.78 €) |
5.71 $ (5.46 €) |
-29.8 % |
| Chicken Fillets (1 lb) |
7.08 $ (6.76 €) |
3.64 $ (3.47 €) |
-48.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.49 $ (9.07 €) |
6.60 $ (6.31 €) |
-30.4 % |
| Apples (1 lb) |
3.36 $ (3.21 €) |
1.06 $ (1.01 €) |
-68.5 % |
| Banana (1 lb) |
1.11 $ (1.06 €) |
0.89 $ (0.85 €) |
-19.7 % |
| Oranges (1 lb) |
2.90 $ (2.77 €) |
0.98 $ (0.94 €) |
-66.1 % |
| Tomato (1 lb) |
2.83 $ (2.70 €) |
1.03 $ (0.99 €) |
-63.4 % |
| Potato (1 lb) |
1.85 $ (1.77 €) |
0.80 $ (0.77 €) |
-56.7 % |
| Onion (1 lb) |
1.76 $ (1.69 €) |
0.80 $ (0.76 €) |
-54.9 % |
| Lettuce (1 head) |
3.26 $ (3.12 €) |
1.25 $ (1.20 €) |
-61.6 % |
| Water (1.5 liter bottle) |
2.52 $ (2.40 €) |
0.91 $ (0.87 €) |
-64.0 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (19.11 €) |
6.28 $ (6.00 €) |
-68.6 % |
| Domestic Beer (0.5 liter bottle) |
2.89 $ (2.77 €) |
1.27 $ (1.22 €) |
-56.0 % |
| Imported Beer (12 oz small bottle) |
3.68 $ (3.51 €) |
2.04 $ (1.95 €) |
-44.5 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (16.24 €) |
6.28 $ (6.00 €) |
-63.1 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.77 €) |
1.57 $ (1.50 €) |
-45.9 % |
| Monthly Pass (Regular Price) |
133.00 $ (127.09 €) |
41.86 $ (40.00 €) |
-68.5 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.78 €) |
3.66 $ (3.50 €) |
-26.7 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.34 €) |
2.19 $ (2.09 €) |
-37.4 % |
| Taxi 1hour Waiting (Normal Tariff) |
39.00 $ (37.27 €) |
26.16 $ (25.00 €) |
-32.9 % |
| Gasoline (1 gallon) |
3.79 $ (3.62 €) |
6.57 $ (6.28 €) |
+73.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (33,443.76 €) |
34,726.58 $ (33,182.50 €) |
-0.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,163.92 $ (26,911.64 €) |
30,320.20 $ (28,972.05 €) |
+7.7 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
180.90 $ (172.86 €) |
170.19 $ (162.62 €) |
-5.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
65.58 $ (62.66 €) |
15.07 $ (14.40 €) |
-77.0 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
64.33 $ (61.47 €) |
32.26 $ (30.82 €) |
-49.9 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
147.94 $ (141.36 €) |
42.80 $ (40.90 €) |
-71.1 % |
| Tennis Court Rent (1 Hour on Weekend) |
72.22 $ (69.01 €) |
13.48 $ (12.88 €) |
-81.3 % |
| Cinema, International Release, 1 Seat |
20.00 $ (19.11 €) |
10.47 $ (10.00 €) |
-47.7 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,187.71 $ (3,045.97 €) |
550.55 $ (526.07 €) |
-82.7 % |
| International Primary School, Yearly for 1 Child |
59,000.00 $ (56,376.62 €) |
9,670.92 $ (9,240.91 €) |
-83.6 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
65.85 $ (62.93 €) |
87.12 $ (83.25 €) |
+32.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
47.76 $ (45.64 €) |
36.50 $ (34.88 €) |
-23.6 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
109.56 $ (104.68 €) |
95.26 $ (91.03 €) |
-13.0 % |
| 1 Pair of Men Leather Business Shoes |
174.27 $ (166.52 €) |
118.77 $ (113.48 €) |
-31.9 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,035.26 $ (3,855.84 €) |
1,448.30 $ (1,383.90 €) |
-64.1 % |
| Apartment (1 bedroom) Outside of Centre |
2,866.50 $ (2,739.04 €) |
1,033.11 $ (987.17 €) |
-64.0 % |
| Apartment (3 bedrooms) in City Centre |
8,793.28 $ (8,402.29 €) |
2,401.90 $ (2,295.11 €) |
-72.7 % |
| Apartment (3 bedrooms) Outside of Centre |
5,249.20 $ (5,015.80 €) |
1,647.15 $ (1,573.91 €) |
-68.6 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,808.34 $ (1,727.93 €) |
602.63 $ (575.83 €) |
-66.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,332.00 $ (1,272.77 €) |
366.52 $ (350.22 €) |
-72.5 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,692.66 $ (5,439.54 €) |
2,302.26 $ (2,199.89 €) |
-59.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.67 | 3.55 | -46.7 % |
| Last update: | December 2024 | December 2024 | |
| Contributors in the past 12 months: | 475 | 442 |
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 |