Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Consumer Prices in Madrid are 48.4% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Madrid are 57.8% lower than in New York, NY | |
| Rent Prices in Madrid are 68.2% lower than in New York, NY | |
| Restaurant Prices in Madrid are 48.7% 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 4.2% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (28.05 €) |
14.98 $ (14.00 €) |
-50.1 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (121.54 €) |
64.18 $ (60.00 €) |
-50.6 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.22 €) |
9.65 $ (9.03 €) |
-19.6 % |
| Domestic Beer (1 pint draught) |
8.00 $ (7.48 €) |
3.74 $ (3.50 €) |
-53.2 % |
| Imported Beer (12 oz small bottle) |
11.00 $ (10.28 €) |
3.96 $ (3.70 €) |
-64.0 % |
| Cappuccino (regular) |
5.55 $ (5.19 €) |
2.54 $ (2.37 €) |
-54.2 % |
| Coke/Pepsi (12 oz small bottle) |
3.04 $ (2.84 €) |
2.62 $ (2.44 €) |
-14.0 % |
| Water (12 oz small bottle) |
2.29 $ (2.14 €) |
1.69 $ (1.58 €) |
-25.9 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.76 $ (5.39 €) |
4.31 $ (4.03 €) |
-25.2 % |
| Loaf of Fresh White Bread (1 lb) |
4.29 $ (4.01 €) |
1.41 $ (1.32 €) |
-67.0 % |
| Rice (white), (1 lb) |
3.22 $ (3.01 €) |
0.70 $ (0.66 €) |
-78.2 % |
| Eggs (regular) (12) |
5.40 $ (5.04 €) |
2.97 $ (2.78 €) |
-44.9 % |
| Local Cheese (1 lb) |
7.57 $ (7.07 €) |
6.27 $ (5.86 €) |
-17.1 % |
| Chicken Fillets (1 lb) |
6.97 $ (6.52 €) |
3.65 $ (3.42 €) |
-47.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.64 $ (8.08 €) |
6.59 $ (6.16 €) |
-23.8 % |
| Apples (1 lb) |
3.06 $ (2.86 €) |
1.08 $ (1.01 €) |
-64.8 % |
| Banana (1 lb) |
0.92 $ (0.86 €) |
0.86 $ (0.80 €) |
-7.2 % |
| Oranges (1 lb) |
2.66 $ (2.48 €) |
0.87 $ (0.81 €) |
-67.2 % |
| Tomato (1 lb) |
2.81 $ (2.63 €) |
1.11 $ (1.04 €) |
-60.6 % |
| Potato (1 lb) |
1.81 $ (1.70 €) |
0.67 $ (0.62 €) |
-63.1 % |
| Onion (1 lb) |
1.63 $ (1.52 €) |
0.72 $ (0.67 €) |
-55.7 % |
| Lettuce (1 head) |
2.88 $ (2.69 €) |
1.29 $ (1.21 €) |
-55.1 % |
| Water (1.5 liter bottle) |
2.41 $ (2.25 €) |
0.94 $ (0.88 €) |
-60.8 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.70 €) |
6.42 $ (6.00 €) |
-67.9 % |
| Domestic Beer (0.5 liter bottle) |
2.53 $ (2.36 €) |
1.22 $ (1.14 €) |
-51.6 % |
| Imported Beer (12 oz small bottle) |
3.81 $ (3.56 €) |
1.93 $ (1.80 €) |
-49.3 % |
| Cigarettes 20 Pack (Marlboro) |
17.00 $ (15.89 €) |
6.02 $ (5.62 €) |
-64.6 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.71 €) |
1.60 $ (1.50 €) |
-44.7 % |
| Monthly Pass (Regular Price) |
132.00 $ (123.40 €) |
42.79 $ (40.00 €) |
-67.6 % |
| Taxi Start (Normal Tariff) |
5.00 $ (4.67 €) |
3.21 $ (3.00 €) |
-35.8 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.27 €) |
2.07 $ (1.93 €) |
-41.0 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 $ (28.05 €) |
23.53 $ (22.00 €) |
-21.6 % |
| Gasoline (1 gallon) |
3.89 $ (3.63 €) |
6.65 $ (6.22 €) |
+71.1 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,000.00 $ (26,176.78 €) |
35,688.88 $ (33,365.00 €) |
+27.5 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,049.17 $ (25,287.86 €) |
29,543.46 $ (27,619.74 €) |
+9.2 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
178.15 $ (166.55 €) |
152.24 $ (142.32 €) |
-14.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
64.70 $ (60.49 €) |
15.26 $ (14.27 €) |
-76.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
69.77 $ (65.23 €) |
32.00 $ (29.92 €) |
-54.1 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
132.14 $ (123.54 €) |
47.06 $ (44.00 €) |
-64.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
74.17 $ (69.34 €) |
11.07 $ (10.35 €) |
-85.1 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.70 €) |
10.70 $ (10.00 €) |
-46.5 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,065.64 $ (2,866.02 €) |
523.10 $ (489.04 €) |
-82.9 % |
| International Primary School, Yearly for 1 Child |
63,250.00 $ (59,131.48 €) |
9,693.07 $ (9,061.90 €) |
-84.7 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
69.52 $ (64.99 €) |
74.82 $ (69.95 €) |
+7.6 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
45.42 $ (42.46 €) |
30.66 $ (28.66 €) |
-32.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
96.00 $ (89.75 €) |
82.15 $ (76.80 €) |
-14.4 % |
| 1 Pair of Men Leather Business Shoes |
161.86 $ (151.32 €) |
91.18 $ (85.24 €) |
-43.7 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
4,162.14 $ (3,891.12 €) |
1,321.12 $ (1,235.09 €) |
-68.3 % |
| Apartment (1 bedroom) Outside of Centre |
2,839.97 $ (2,655.04 €) |
960.38 $ (897.84 €) |
-66.2 % |
| Apartment (3 bedrooms) in City Centre |
8,250.20 $ (7,712.99 €) |
2,301.69 $ (2,151.82 €) |
-72.1 % |
| Apartment (3 bedrooms) Outside of Centre |
4,353.33 $ (4,069.87 €) |
1,655.77 $ (1,547.96 €) |
-62.0 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,644.57 $ (1,537.48 €) |
462.76 $ (432.63 €) |
-71.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,091.71 $ (1,020.63 €) |
261.78 $ (244.74 €) |
-76.0 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,693.32 $ (5,322.60 €) |
2,504.17 $ (2,341.11 €) |
-56.0 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.65 | 2.60 | -60.9 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 500 | 578 |
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 |