Cost of Living Comparison Between New York, NY and Madrid 
| Indices Difference |  |
|---|---|
| Cost of Living in Madrid is 48.1% lower than in New York, NY (without rent) | |
| Cost of Living Including Rent in Madrid is 56.7% lower than in New York, NY | |
| Rent Prices in Madrid are 67.5% lower than in New York, NY | |
| Restaurant Prices in Madrid are 44.4% lower than in New York, NY | |
| Groceries Prices in Madrid are 50.4% lower than in New York, NY | |
| Local Purchasing Power in Madrid is 5.4% lower than in New York, NY | |
Restaurants | New York, NY Edit |
Madrid Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
30.00 $ (27.51 €) |
16.36 $ (15.00 €) |
-45.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
130.00 $ (119.23 €) |
65.42 $ (60.00 €) |
-49.7 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
12.00 $ (11.01 €) |
10.90 $ (10.00 €) |
-9.1 % |
| Domestic Beer (1 pint draught) |
8.50 $ (7.80 €) |
3.82 $ (3.50 €) |
-55.1 % |
| Imported Beer (12 oz small bottle) |
12.00 $ (11.01 €) |
4.36 $ (4.00 €) |
-63.7 % |
| Cappuccino (regular) |
5.95 $ (5.46 €) |
2.78 $ (2.55 €) |
-53.2 % |
| Coke/Pepsi (12 oz small bottle) |
3.21 $ (2.94 €) |
2.94 $ (2.69 €) |
-8.5 % |
| Water (12 oz small bottle) |
2.48 $ (2.27 €) |
1.93 $ (1.77 €) |
-22.0 % |
Markets | New York, NY Edit |
Madrid Edit | |
| Milk (regular), (1 gallon) |
5.83 $ (5.35 €) |
4.30 $ (3.94 €) |
-26.3 % |
| Loaf of Fresh White Bread (1 lb) |
4.50 $ (4.13 €) |
1.37 $ (1.26 €) |
-69.6 % |
| Rice (white), (1 lb) |
3.41 $ (3.13 €) |
0.70 $ (0.64 €) |
-79.6 % |
| Eggs (regular) (12) |
5.97 $ (5.47 €) |
3.07 $ (2.81 €) |
-48.6 % |
| Local Cheese (1 lb) |
7.91 $ (7.26 €) |
5.91 $ (5.42 €) |
-25.3 % |
| Chicken Fillets (1 lb) |
6.70 $ (6.15 €) |
3.83 $ (3.52 €) |
-42.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.85 $ (8.12 €) |
6.93 $ (6.36 €) |
-21.7 % |
| Apples (1 lb) |
3.42 $ (3.14 €) |
1.09 $ (1.00 €) |
-68.1 % |
| Banana (1 lb) |
1.07 $ (0.98 €) |
0.89 $ (0.82 €) |
-16.2 % |
| Oranges (1 lb) |
2.47 $ (2.26 €) |
1.05 $ (0.96 €) |
-57.4 % |
| Tomato (1 lb) |
2.73 $ (2.50 €) |
1.10 $ (1.01 €) |
-59.8 % |
| Potato (1 lb) |
1.59 $ (1.46 €) |
0.87 $ (0.80 €) |
-45.6 % |
| Onion (1 lb) |
1.67 $ (1.53 €) |
0.85 $ (0.78 €) |
-49.0 % |
| Lettuce (1 head) |
3.00 $ (2.75 €) |
1.21 $ (1.11 €) |
-59.9 % |
| Water (1.5 liter bottle) |
2.52 $ (2.31 €) |
0.89 $ (0.82 €) |
-64.5 % |
| Bottle of Wine (Mid-Range) |
20.00 $ (18.34 €) |
6.54 $ (6.00 €) |
-67.3 % |
| Domestic Beer (0.5 liter bottle) |
2.90 $ (2.66 €) |
1.31 $ (1.20 €) |
-54.7 % |
| Imported Beer (12 oz small bottle) |
3.75 $ (3.43 €) |
2.11 $ (1.94 €) |
-43.6 % |
| Cigarettes 20 Pack (Marlboro) |
18.00 $ (16.51 €) |
6.54 $ (6.00 €) |
-63.7 % |
Transportation | New York, NY Edit |
Madrid Edit | |
| One-way Ticket (Local Transport) |
2.90 $ (2.66 €) |
1.64 $ (1.50 €) |
-43.6 % |
| Monthly Pass (Regular Price) |
132.00 $ (121.06 €) |
32.71 $ (30.00 €) |
-75.2 % |
| Taxi Start (Normal Tariff) |
4.99 $ (4.58 €) |
3.82 $ (3.50 €) |
-23.5 % |
| Taxi 1 mile (Normal Tariff) |
3.50 $ (3.21 €) |
2.28 $ (2.09 €) |
-34.8 % |
| Taxi 1hour Waiting (Normal Tariff) |
42.00 $ (38.52 €) |
27.26 $ (25.00 €) |
-35.1 % |
| Gasoline (1 gallon) |
3.79 $ (3.47 €) |
6.86 $ (6.29 €) |
+81.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
34,500.00 $ (31,641.36 €) |
36,379.36 $ (33,365.00 €) |
+5.4 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
27,985.28 $ (25,666.45 €) |
31,416.06 $ (28,812.95 €) |
+12.3 % |
Utilities (Monthly) | New York, NY Edit |
Madrid Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
186.58 $ (171.12 €) |
174.78 $ (160.30 €) |
-6.3 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
62.44 $ (57.26 €) |
17.08 $ (15.67 €) |
-72.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
64.12 $ (58.81 €) |
32.34 $ (29.66 €) |
-49.6 % |
Sports And Leisure | New York, NY Edit |
Madrid Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
153.29 $ (140.58 €) |
43.80 $ (40.17 €) |
-71.4 % |
| Tennis Court Rent (1 Hour on Weekend) |
68.18 $ (62.53 €) |
14.75 $ (13.53 €) |
-78.4 % |
| Cinema, International Release, 1 Seat |
20.00 $ (18.34 €) |
10.90 $ (10.00 €) |
-45.5 % |
Childcare | New York, NY Edit |
Madrid Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
3,122.44 $ (2,863.72 €) |
597.21 $ (547.73 €) |
-80.9 % |
| International Primary School, Yearly for 1 Child |
58,000.00 $ (53,194.18 €) |
10,734.45 $ (9,845.00 €) |
-81.5 % |
Clothing And Shoes | New York, NY Edit |
Madrid Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
66.66 $ (61.13 €) |
86.21 $ (79.07 €) |
+29.3 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.58 $ (44.55 €) |
39.09 $ (35.85 €) |
-19.5 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
112.04 $ (102.75 €) |
99.93 $ (91.65 €) |
-10.8 % |
| 1 Pair of Men Leather Business Shoes |
172.35 $ (158.07 €) |
124.08 $ (113.80 €) |
-28.0 % |
Rent Per Month | New York, NY Edit |
Madrid Edit | |
| Apartment (1 bedroom) in City Centre |
3,900.49 $ (3,577.30 €) |
1,462.88 $ (1,341.67 €) |
-62.5 % |
| Apartment (1 bedroom) Outside of Centre |
2,867.50 $ (2,629.90 €) |
1,041.70 $ (955.38 €) |
-63.7 % |
| Apartment (3 bedrooms) in City Centre |
8,556.90 $ (7,847.88 €) |
2,504.42 $ (2,296.90 €) |
-70.7 % |
| Apartment (3 bedrooms) Outside of Centre |
5,210.00 $ (4,778.30 €) |
1,672.82 $ (1,534.21 €) |
-67.9 % |
Buy Apartment Price | New York, NY Edit |
Madrid Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
1,667.95 $ (1,529.74 €) |
665.07 $ (609.96 €) |
-60.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
1,197.27 $ (1,098.06 €) |
387.97 $ (355.83 €) |
-67.6 % |
Salaries And Financing | New York, NY Edit |
Madrid Edit | |
| Average Monthly Net Salary (After Tax) |
5,289.97 $ (4,851.65 €) |
2,165.54 $ (1,986.11 €) |
-59.1 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.58 | 3.54 | -46.2 % |
| Last update: | March 2025 | March 2025 | |
| Contributors in the past 12 months: | 374 | 353 |
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 |