Cost of living comparison
Newark is 20.4% more expensive than Madrid.
- Restaurants
-
pay 15.5% less in Newark
- Groceries
-
pay 52.6% more in Newark
- Transportation
-
pay 21.0% less in Newark
- Housing
-
pay 18.1% more in Newark
- Childcare
-
pay 65.3% more in Newark
- Entertainment and Sports
-
pay 24.7% more in Newark
- Clothing
-
pay 18.7% more in Newark
The cost of childcare, groceries, entertainment and sports, clothing, and housing in Newark are more expensive than in Madrid. Expenses including transportation and restaurants are lower in Newark.
If you lived in Newark instead of Madrid, you would:
pay 15.5% less for restaurants
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.59
|
$16.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.39
|
$9.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.70
|
$2.00
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.75
|
$1.50
|
|
pay 52.6% more for groceries
|
Madrid
|
Newark
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.45
|
$1.99
|
|
| Local cheese (8 oz) |
$6.92
€6.71
|
$8.27
|
|
| Milk (1 gallon) |
$4.41
€4.27
|
$2.67
|
|
|
Eggs
1 dozen
|
$3.05
€2.96
|
$2.16
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.67
|
$4.00
|
|
| Apples (1 lb) |
$1.13
€1.09
|
$2.48
|
|
| Bananas (1 lb) |
$0.87
€0.84
|
$1.53
|
|
| Oranges (1 lb) |
$1.01
€0.97
|
$2.30
|
|
| Tomatoes (1 lb) |
$1.05
€1.02
|
$2.00
|
|
| Potatoes (1 lb) |
$0.83
€0.81
|
$1.10
|
|
| Onions (1 lb) |
$0.82
€0.80
|
$1.99
|
|
pay 21.0% less for transportation
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.58
|
$3.26
|
|
| Monthly public transit pass |
$42.87
€41.58
|
$60.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,679.12
|
$17,500.00
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.45
|
?? | |
pay 18.1% more for housing
|
Madrid
|
Newark
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€30.88
|
$50.00
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,424.52
|
$1,533.33
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,042.24
|
$1,300.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€126.10
|
$117.00
|
|
pay 65.3% more for childcare
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€550.42
|
$1,200.00
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,765.28
|
$12,000.00
|
|
pay 24.7% more for entertainment and sports
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.64
|
$3.25
|
|
| Cappuccino in mid-range area |
$2.59
€2.51
|
$4.33
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.24
|
$8.82
|
|
| Monthly membership at local gym |
$43.11
€41.81
|
?? | |
| Movie ticket to theater/cinema |
$10.72
€10.39
|
$11.50
|
|
pay 18.7% more for clothing
|
Madrid
|
Newark
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€87.77
|
$41.00
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€36.09
|
$40.00
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€94.92
|
$93.33
|
|
| Men's business shoes (leather) |
$121.40
€117.73
|
$275.00
|
|
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