Cost of Living Comparison Between New York, NY and Madrid 

Indices DifferenceInfo
Consumer Prices in Madrid are 34.53% lower than in New York, NY (without rent)
Rent Prices in Madrid are 65.72% lower than in New York, NY
Restaurant Prices in Madrid are 35.80% lower than in New York, NY
Groceries Prices in Madrid are 45.75% lower than in New York, NY
Local Purchasing Power in Madrid is 35.91% lower than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY[ Edit ] Madrid[ Edit ]Difference
Meal, Inexpensive Restaurant 20.50 $
(16.99 €)
14.48 $
(12.00 €)
     -29.36 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $
(82.86 €)
56.72 $
(47.00 €)
     -43.28 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.50 $
(7.87 €)
9.65 $
(8.00 €)
     +1.63 %
Domestic Beer (1 pint draught) 7.10 $
(5.88 €)
3.62 $
(3.00 €)
     -49.01 %
Imported Beer (12 oz small bottle) 8.73 $
(7.23 €)
3.62 $
(3.00 €)
     -58.51 %
Cappuccino (regular) 4.79 $
(3.97 €)
2.31 $
(1.91 €)
     -51.84 %
Coke/Pepsi (12 oz small bottle) 2.18 $
(1.80 €)
2.34 $
(1.94 €)
     +7.65 %
Water (12 oz small bottle) 1.74 $
(1.44 €)
1.80 $
(1.49 €)
     +3.63 %
Markets
New York, NY[ Edit ] Madrid[ Edit ]
Milk (regular), (1 gallon) 4.50 $
(3.73 €)
3.77 $
(3.12 €)
     -16.30 %
Loaf of Fresh White Bread (1 lb) 3.40 $
(2.81 €)
1.08 $
(0.89 €)
     -68.26 %
Rice (white), (1 lb) 2.64 $
(2.18 €)
0.62 $
(0.51 €)
     -76.66 %
Eggs (regular) (12) 3.39 $
(2.81 €)
2.42 $
(2.01 €)
     -28.54 %
Local Cheese (1 lb) 6.58 $
(5.45 €)
6.44 $
(5.33 €)
     -2.16 %
Chicken Fillets (1 lb) 6.16 $
(5.10 €)
3.51 $
(2.91 €)
     -43.08 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.38 $
(6.12 €)
6.37 $
(5.28 €)
     -13.72 %
Apples (1 lb) 2.83 $
(2.34 €)
1.06 $
(0.88 €)
     -62.47 %
Banana (1 lb) 1.30 $
(1.07 €)
1.08 $
(0.89 €)
     -16.75 %
Oranges (1 lb) 2.37 $
(1.96 €)
0.90 $
(0.75 €)
     -62.04 %
Tomato (1 lb) 2.65 $
(2.20 €)
0.99 $
(0.82 €)
     -62.60 %
Potato (1 lb) 1.88 $
(1.55 €)
0.68 $
(0.57 €)
     -63.63 %
Onion (1 lb) 1.75 $
(1.45 €)
0.71 $
(0.59 €)
     -59.53 %
Lettuce (1 head) 2.16 $
(1.79 €)
1.22 $
(1.01 €)
     -43.63 %
Water (1.5 liter bottle) 2.09 $
(1.73 €)
0.90 $
(0.74 €)
     -57.06 %
Bottle of Wine (Mid-Range) 15.00 $
(12.43 €)
6.03 $
(5.00 €)
     -59.77 %
Domestic Beer (0.5 liter bottle) 3.29 $
(2.73 €)
1.26 $
(1.04 €)
     -61.71 %
Imported Beer (12 oz small bottle) 3.01 $
(2.50 €)
2.07 $
(1.71 €)
     -31.44 %
Cigarettes 20 Pack (Marlboro) 15.00 $
(12.43 €)
6.03 $
(5.00 €)
     -59.77 %
Transportation
New York, NY[ Edit ] Madrid[ Edit ]
One-way Ticket (Local Transport) 2.75 $
(2.28 €)
1.81 $
(1.50 €)
     -34.17 %
Monthly Pass (Regular Price) 127.00 $
(105.23 €)
65.89 $
(54.60 €)
     -48.12 %
Taxi Start (Normal Tariff) 3.50 $
(2.90 €)
3.62 $
(3.00 €)
     +3.44 %
Taxi 1 mile (Normal Tariff) 3.00 $
(2.49 €)
2.14 $
(1.77 €)
     -28.79 %
Taxi 1hour Waiting (Normal Tariff) 35.00 $
(29.00 €)
30.17 $
(25.00 €)
     -13.80 %
Gasoline (1 gallon) 2.74 $
(2.27 €)
6.02 $
(4.99 €)
     +120.04 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 22,000.00 $
(18,229.51 €)
24,438.40 $
(20,250.00 €)
     +11.08 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 21,205.73 $
(17,571.36 €)
27,803.82 $
(23,038.64 €)
     +31.11 %
Utilities (Monthly)
New York, NY[ Edit ] Madrid[ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 146.26 $
(121.19 €)
161.34 $
(133.69 €)
     +10.31 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.11 $
(0.09 €)
0.25 $
(0.20 €)
     +123.24 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.35 $
(53.32 €)
51.43 $
(42.62 €)
     -20.08 %
Sports And Leisure
New York, NY[ Edit ] Madrid[ Edit ]
Fitness Club, Monthly Fee for 1 Adult 86.44 $
(71.63 €)
45.94 $
(38.07 €)
     -46.85 %
Tennis Court Rent (1 Hour on Weekend) 35.14 $
(29.12 €)
14.24 $
(11.80 €)
     -59.49 %
Cinema, International Release, 1 Seat 16.00 $
(13.26 €)
10.86 $
(9.00 €)
     -32.12 %
Childcare
New York, NY[ Edit ] Madrid[ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 2,479.17 $
(2,054.28 €)
529.70 $
(438.91 €)
     -78.63 %
International Primary School, Yearly for 1 Child 39,681.82 $
(32,880.91 €)
9,484.62 $
(7,859.09 €)
     -76.10 %
Clothing And Shoes
New York, NY[ Edit ] Madrid[ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 58.08 $
(48.13 €)
88.44 $
(73.28 €)
     +52.26 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 42.38 $
(35.12 €)
35.10 $
(29.09 €)
     -17.17 %
1 Pair of Nike Running Shoes (Mid-Range) 90.13 $
(74.68 €)
92.67 $
(76.79 €)
     +2.82 %
1 Pair of Men Leather Business Shoes 143.41 $
(118.83 €)
107.77 $
(89.30 €)
     -24.86 %
Rent Per Month
New York, NY[ Edit ] Madrid[ Edit ]
Apartment (1 bedroom) in City Centre 3,452.16 $
(2,860.51 €)
1,142.32 $
(946.54 €)
     -66.91 %
Apartment (1 bedroom) Outside of Centre 2,023.00 $
(1,676.29 €)
848.02 $
(702.68 €)
     -58.08 %
Apartment (3 bedrooms) in City Centre 6,767.89 $
(5,607.97 €)
2,019.44 $
(1,673.33 €)
     -70.16 %
Apartment (3 bedrooms) Outside of Centre 3,562.89 $
(2,952.26 €)
1,409.21 $
(1,167.69 €)
     -60.45 %
Buy Apartment Price
New York, NY[ Edit ] Madrid[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,494.66 $
(1,238.49 €)
570.08 $
(472.37 €)
     -61.86 %
Price per Square Feet to Buy Apartment Outside of Centre 732.11 $
(606.64 €)
331.67 $
(274.83 €)
     -54.70 %
Salaries And Financing
New York, NY[ Edit ] Madrid[ Edit ]
Average Monthly Net Salary (After Tax) 5,944.43 $
(4,925.64 €)
1,919.35 $
(1,590.40 €)
     -67.71 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.82 2.25      -41.09 %
Last update: December 2020December 2020
Contributors in the past 12 months:396319