Cost of living comparison
Newark is 33.0% more expensive than Madrid.
- Restaurants
-
pay 11.5% more in Newark
- Groceries
-
pay 61.6% more in Newark
- Transportation
-
pay 10.8% less in Newark
- Housing
-
pay 59.5% more in Newark
- Childcare
-
pay 65.3% more in Newark
- Entertainment and Sports
-
pay 52.3% more in Newark
- Clothing
-
pay 8.4% less in Newark
The cost of childcare, groceries, housing, entertainment and sports, and restaurants in Newark are more expensive than in Madrid. Expenses including transportation and clothing are lower in Newark.
If you lived in Newark instead of Madrid, you would:
pay 11.5% more for restaurants
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€15.68
|
$22.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€10.45
|
$12.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.72
|
$2.60
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.76
|
$1.88
|
|
pay 61.6% more for groceries
|
Madrid
|
Newark
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.46
|
$4.40
|
|
| Local cheese (8 oz) |
$6.92
€6.75
|
$3.90
|
|
| Milk (1 gallon) |
$4.41
€4.30
|
$5.02
|
|
|
Eggs
1 dozen
|
$3.05
€2.98
|
$2.48
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.69
|
$6.82
|
|
| Apples (1 lb) |
$1.13
€1.10
|
$3.25
|
|
| Bananas (1 lb) |
$0.87
€0.85
|
$0.64
|
|
| Oranges (1 lb) |
$1.01
€0.98
|
$1.29
|
|
| Tomatoes (1 lb) |
$1.05
€1.02
|
$2.49
|
|
| Potatoes (1 lb) |
$0.83
€0.81
|
$1.19
|
|
| Onions (1 lb) |
$0.82
€0.80
|
$1.49
|
|
pay 10.8% less for transportation
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€6.62
|
$3.68
|
|
| Monthly public transit pass |
$42.87
€41.81
|
$30.00
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€34,871.90
|
$29,455.62
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€14.53
|
$22.40
|
|
pay 59.5% more for housing
|
Madrid
|
Newark
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€31.06
|
$74.25
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,432.44
|
$2,300.00
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€1,048.04
|
$1,700.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€126.80
|
$117.00
|
|
pay 65.3% more for childcare
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€553.48
|
$1,200.00
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€9,819.57
|
$12,000.00
|
|
pay 52.3% more for entertainment and sports
|
Madrid
|
Newark
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.66
|
$5.00
|
|
| Cappuccino in mid-range area |
$2.59
€2.52
|
$5.95
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€6.27
|
$10.50
|
|
| Monthly membership at local gym |
$43.11
€42.04
|
$45.00
|
|
| Movie ticket to theater/cinema |
$10.72
€10.45
|
$14.00
|
|
pay 8.4% less for clothing
|
Madrid
|
Newark
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€88.25
|
$45.00
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€36.29
|
$45.62
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€95.45
|
$93.33
|
|
| Men's business shoes (leather) |
$121.40
€118.38
|
$120.00
|
|
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