Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 47.5% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Madrid are 57.6% lower than in New York, NY | |
| Rent Prices in Madrid are 68.5% lower than in New York, NY | |
| Restaurant Prices in Madrid are 47.6% lower than in New York, NY | |
| Groceries Prices in Madrid are 48.7% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 4.4% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.83 €) |
15.09 $ (14.00 €) |
-49.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (120.61 €) |
64.67 $ (60.00 €) |
-50.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.13 €) |
10.78 $ (10.00 €) |
-10.2 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.42 €) |
3.77 $ (3.50 €) |
-52.8 % |
| Imported Beer (12 oz small bottle) |
11.00 $ (10.21 €) |
4.31 $ (4.00 €) |
-60.8 % |
| Cappuccino (regular) |
5.72 $ (5.30 €) |
2.62 $ (2.43 €) |
-54.1 % |
| Coke/Pepsi (12 oz small bottle) |
3.17 $ (2.94 €) |
2.69 $ (2.50 €) |
-15.1 % |
| Water (12 oz small bottle) |
2.33 $ (2.16 €) |
1.79 $ (1.66 €) |
-23.4 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.65 $ (5.24 €) |
4.34 $ (4.03 €) |
-23.1 % |
| Loaf of Fresh White Bread (1 lb) |
4.39 $ (4.07 €) |
1.57 $ (1.45 €) |
-64.3 % |
| Rice (white), (1 lb) |
3.40 $ (3.16 €) |
0.73 $ (0.68 €) |
-78.5 % |
| Eggs (regular) (12) |
5.22 $ (4.84 €) |
3.00 $ (2.79 €) |
-42.4 % |
| Local Cheese (1 lb) |
7.64 $ (7.09 €) |
6.92 $ (6.42 €) |
-9.4 % |
| Chicken Fillets (1 lb) |
6.93 $ (6.43 €) |
3.86 $ (3.58 €) |
-44.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.99 $ (8.34 €) |
7.04 $ (6.53 €) |
-21.7 % |
| Apples (1 lb) |
3.10 $ (2.88 €) |
1.14 $ (1.06 €) |
-63.3 % |
| Banana (1 lb) |
0.96 $ (0.89 €) |
0.89 $ (0.82 €) |
-7.8 % |
| Oranges (1 lb) |
2.53 $ (2.34 €) |
0.96 $ (0.89 €) |
-61.9 % |
| Tomato (1 lb) |
2.93 $ (2.72 €) |
1.12 $ (1.04 €) |
-61.6 % |
| Potato (1 lb) |
1.81 $ (1.68 €) |
0.72 $ (0.67 €) |
-60.1 % |
| Onion (1 lb) |
1.69 $ (1.57 €) |
0.76 $ (0.71 €) |
-54.7 % |
| Lettuce (1 head) |
2.95 $ (2.74 €) |
1.32 $ (1.22 €) |
-55.4 % |
| Water (1.5 liter bottle) |
2.52 $ (2.34 €) |
0.97 $ (0.90 €) |
-61.4 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.55 €) |
6.47 $ (6.00 €) |
-67.7 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (2.35 €) |
1.32 $ (1.22 €) |
-48.0 % |
| Imported Beer (12 oz small bottle) |
3.86 $ (3.58 €) |
2.01 $ (1.86 €) |
-47.9 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.77 €) |
6.09 $ (5.65 €) |
-64.2 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.69 €) |
1.62 $ (1.50 €) |
-44.2 % |
| Monthly Pass (Regular Price) |
132.00 $ (122.46 €) |
53.89 $ (50.00 €) |
-59.2 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.64 €) |
3.37 $ (3.12 €) |
-32.6 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.25 €) |
2.26 $ (2.09 €) |
-35.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
34.00 $ (31.54 €) |
23.98 $ (22.25 €) |
-29.5 % |
| Gasoline (1 gallon) |
3.85 $ (3.58 €) |
6.75 $ (6.26 €) |
+75.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
35,000.00 $ (32,471.25 €) |
35,963.35 $ (33,365.00 €) |
+2.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,356.86 $ (26,308.07 €) |
29,770.67 $ (27,619.74 €) |
+5.0 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
187.85 $ (174.28 €) |
160.50 $ (148.90 €) |
-14.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
68.17 $ (63.25 €) |
16.74 $ (15.53 €) |
-75.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
71.82 $ (66.63 €) |
33.48 $ (31.06 €) |
-53.4 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
147.95 $ (137.26 €) |
48.23 $ (44.75 €) |
-67.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
93.12 $ (86.40 €) |
14.26 $ (13.23 €) |
-84.7 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.55 €) |
10.78 $ (10.00 €) |
-46.1 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,123.56 $ (2,897.88 €) |
540.66 $ (501.60 €) |
-82.7 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (53,809.50 €) |
9,931.86 $ (9,214.29 €) |
-82.9 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
72.17 $ (66.96 €) |
84.67 $ (78.56 €) |
+17.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.24 $ (44.75 €) |
34.29 $ (31.81 €) |
-28.9 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
101.23 $ (93.92 €) |
87.39 $ (81.08 €) |
-13.7 % |
| 1 Pair of Men Leather Business Shoes |
169.09 $ (156.87 €) |
99.46 $ (92.28 €) |
-41.2 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,350.00 $ (4,035.71 €) |
1,384.40 $ (1,284.38 €) |
-68.2 % |
| Apartment (1 bedroom) Outside of Centre |
2,895.30 $ (2,686.11 €) |
1,003.62 $ (931.11 €) |
-65.3 % |
| Apartment (3 bedrooms) in City Centre |
8,779.04 $ (8,144.75 €) |
2,385.92 $ (2,213.54 €) |
-72.8 % |
| Apartment (3 bedrooms) Outside of Centre |
4,625.19 $ (4,291.02 €) |
1,737.14 $ (1,611.63 €) |
-62.4 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,710.37 $ (1,586.80 €) |
484.01 $ (449.04 €) |
-71.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,142.75 $ (1,060.18 €) |
275.41 $ (255.52 €) |
-75.9 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,903.58 $ (5,477.05 €) |
2,395.25 $ (2,222.19 €) |
-59.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.74 | 2.89 | -57.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 491 | 514 |
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 |