Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 39.5% lower than in New York, NY (excluding rent) | |
| Cost of Living Including Rent in Madrid is 51.0% lower than in New York, NY | |
| Rent Prices in Madrid are 64.6% lower than in New York, NY | |
| Restaurant Prices in Madrid are 37.8% lower than in New York, NY | |
| Groceries Prices in Madrid are 40.6% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 3.7% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal at an Inexpensive Restaurant |
25.00 $ (21.06 €) |
17.80 $ (15.00 €) |
-28.8 % |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) |
140.00 $ (117.95 €) |
71.22 $ (60.00 €) |
-49.1 % |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) |
14.00 $ (11.79 €) |
11.87 $ (10.00 €) |
-15.2 % |
| Domestic Draft Beer (1 Pint) |
8.00 $ (6.74 €) |
4.15 $ (3.50 €) |
-48.1 % |
| Imported Beer (12 oz Small Bottle) |
10.00 $ (8.42 €) |
4.75 $ (4.00 €) |
-52.5 % |
| Cappuccino (Regular Size) |
5.75 $ (4.84 €) |
3.04 $ (2.56 €) |
-47.1 % |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) |
2.85 $ (2.40 €) |
3.19 $ (2.68 €) |
+11.8 % |
| Bottled Water (12 oz) |
2.50 $ (2.11 €) |
2.05 $ (1.73 €) |
-18.0 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (Regular, 1 Liter) |
1.30 $ (1.09 €) |
1.30 $ (1.09 €) |
-0.0 % |
| Fresh White Bread (1 lb Loaf) |
4.26 $ (3.58 €) |
1.39 $ (1.17 €) |
-67.2 % |
| White Rice (1 lb) |
3.46 $ (2.92 €) |
0.85 $ (0.72 €) |
-75.4 % |
| Eggs (12, Large Size) |
6.88 $ (5.80 €) |
3.91 $ (3.30 €) |
-43.1 % |
| Local Cheese (1 lb) |
7.75 $ (6.53 €) |
7.89 $ (6.65 €) |
+1.7 % |
| Chicken Fillets (1 lb) |
6.72 $ (5.66 €) |
4.13 $ (3.48 €) |
-38.5 % |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) |
9.04 $ (7.62 €) |
8.78 $ (7.40 €) |
-2.8 % |
| Apples (1 lb) |
2.95 $ (2.48 €) |
1.24 $ (1.04 €) |
-58.0 % |
| Bananas (1 lb) |
1.10 $ (0.93 €) |
1.09 $ (0.92 €) |
-1.5 % |
| Oranges (1 lb) |
2.55 $ (2.15 €) |
1.23 $ (1.03 €) |
-51.9 % |
| Tomatoes (1 lb) |
2.72 $ (2.29 €) |
1.30 $ (1.09 €) |
-52.4 % |
| Potatoes (1 lb) |
1.43 $ (1.20 €) |
0.94 $ (0.79 €) |
-34.1 % |
| Onions (1 lb) |
1.57 $ (1.32 €) |
1.02 $ (0.86 €) |
-34.9 % |
| Lettuce (1 Head) |
2.93 $ (2.46 €) |
1.40 $ (1.18 €) |
-52.3 % |
| Bottled Water (50 oz) |
2.49 $ (2.09 €) |
0.91 $ (0.77 €) |
-63.4 % |
| Bottle of Wine (Mid-Range) |
18.00 $ (15.16 €) |
8.31 $ (7.00 €) |
-53.8 % |
| Domestic Beer (16.9 oz Bottle) |
3.56 $ (3.00 €) |
1.42 $ (1.20 €) |
-60.1 % |
| Imported Beer (12 oz Small Bottle) |
4.28 $ (3.61 €) |
2.39 $ (2.02 €) |
-44.1 % |
| Cigarettes (Pack of 20, Marlboro) |
19.00 $ (16.01 €) |
7.12 $ (6.00 €) |
-62.5 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-Way Ticket (Local Transport) |
3.00 $ (2.53 €) |
1.78 $ (1.50 €) |
-40.7 % |
| Monthly Public Transport Pass (Regular Price) |
134.00 $ (112.89 €) |
42.14 $ (35.50 €) |
-68.6 % |
| Taxi Start (Standard Tariff) |
3.00 $ (2.53 €) |
4.15 $ (3.50 €) |
+38.5 % |
| Taxi 1 mile (Standard Tariff) |
3.50 $ (2.95 €) |
2.48 $ (2.09 €) |
-29.0 % |
| Taxi 1 Hour Waiting (Standard Tariff) |
42.00 $ (35.38 €) |
29.67 $ (25.00 €) |
-29.3 % |
| Gasoline (1 Liter) |
0.88 $ (0.74 €) |
1.86 $ (1.57 €) |
+111.2 % |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) |
35,458.00 $ (29,873.19 €) |
37,388.95 $ (31,500.00 €) |
+5.4 % |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) |
25,768.64 $ (21,709.95 €) |
33,901.47 $ (28,561.82 €) |
+31.6 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) |
194.25 $ (163.66 €) |
205.16 $ (172.85 €) |
+5.6 % |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) |
65.68 $ (55.34 €) |
18.84 $ (15.88 €) |
-71.3 % |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) |
66.83 $ (56.31 €) |
34.72 $ (29.25 €) |
-48.1 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Monthly Fitness Club Membership |
110.38 $ (92.99 €) |
53.49 $ (45.07 €) |
-51.5 % |
| Tennis Court Rental (1 Hour, Weekend) |
68.00 $ (57.29 €) |
16.66 $ (14.04 €) |
-75.5 % |
| Cinema Ticket (International Release) |
22.00 $ (18.53 €) |
11.87 $ (10.00 €) |
-46.0 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child |
3,388.54 $ (2,854.83 €) |
702.08 $ (591.50 €) |
-79.3 % |
| International Primary School, Annual Tuition per Child |
58,729.88 $ (49,479.63 €) |
17,787.20 $ (14,985.62 €) |
-69.7 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| Jeans (Levi's 501 or Similar) |
68.86 $ (58.02 €) |
101.31 $ (85.35 €) |
+47.1 % |
| Summer Dress in a Chain Store (e.g. Zara or H&M) |
55.31 $ (46.60 €) |
39.73 $ (33.47 €) |
-28.2 % |
| Nike Running Shoes (Mid-Range) |
116.87 $ (98.47 €) |
105.05 $ (88.50 €) |
-10.1 % |
| Men's Leather Business Shoes |
158.67 $ (133.68 €) |
117.21 $ (98.75 €) |
-26.1 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| 1 Bedroom Apartment in City Centre |
4,440.11 $ (3,740.77 €) |
1,551.63 $ (1,307.24 €) |
-65.1 % |
| 1 Bedroom Apartment Outside of City Centre |
2,739.42 $ (2,307.95 €) |
1,182.92 $ (996.60 €) |
-56.8 % |
| 3 Bedroom Apartment in City Centre |
8,853.95 $ (7,459.41 €) |
2,806.95 $ (2,364.84 €) |
-68.3 % |
| 3 Bedroom Apartment Outside of City Centre |
4,918.42 $ (4,143.75 €) |
1,868.53 $ (1,574.23 €) |
-62.0 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,915.09 $ (1,613.46 €) |
812.91 $ (684.87 €) |
-57.6 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
802.60 $ (676.19 €) |
421.33 $ (354.97 €) |
-47.5 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,237.24 $ (4,412.34 €) |
2,663.96 $ (2,244.37 €) |
-49.1 % |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.67 | 3.13 | -53.1 % |
| Last update: | 13 February 2026 | 13 February 2026 | |
| Contributors in the past 12 months: | 273 | 249 | |
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 |