Cost of living comparison
Madrid is 21.4% cheaper than New Jersey.
- Restaurants
-
pay 4.6% less in Madrid
- Groceries
-
pay 33.8% less in Madrid
- Transportation
-
pay 2.8% more in Madrid
- Housing
-
pay 26.1% less in Madrid
- Childcare
-
pay 64.6% less in Madrid
- Entertainment and Sports
-
pay 38.0% less in Madrid
- Clothing
-
pay 14.4% more in Madrid
The cost of clothing and transportation in Madrid are more expensive than in New Jersey. Expenses including childcare, entertainment and sports, groceries, housing, and restaurants are lower in Madrid.
If you lived in Madrid instead of New Jersey, you would:
pay 4.6% less for restaurants
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.00
|
$16.08
€15.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.19
|
$10.72
€10.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.49
|
$2.79
€2.70
|
|
| Bottle of water (11 fl. oz) |
$2.02
|
$1.80
€1.75
|
|
pay 33.8% less for groceries
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.89
|
$1.50
€1.45
|
|
| Local cheese (8 oz) |
$7.30
|
$6.92
€6.71
|
|
| Milk (1 gallon) |
$4.36
|
$4.41
€4.27
|
|
|
Eggs
1 dozen
|
$3.63
|
$3.05
€2.96
|
|
| Boneless chicken breast (1 lb) |
$5.77
|
$3.78
€3.67
|
|
| Apples (1 lb) |
$2.60
|
$1.13
€1.09
|
|
| Bananas (1 lb) |
$0.90
|
$0.87
€0.84
|
|
| Oranges (1 lb) |
$2.10
|
$1.01
€0.97
|
|
| Tomatoes (1 lb) |
$2.65
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.28
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$1.59
|
$0.82
€0.80
|
|
pay 2.8% more for transportation
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.49
|
$6.79
€6.58
|
|
| Monthly public transit pass |
$133.88
|
$42.87
€41.58
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,750.31
|
$35,759.38
€34,679.12
|
|
| Taxi trip in downtown area (5 miles) |
$20.65
|
$14.90
€14.45
|
|
pay 26.1% less for housing
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$58.37
|
$31.85
€30.88
|
|
| 1-Bedroom apartment in downtown area |
$2,167.23
|
$1,468.90
€1,424.52
|
|
| 1-Bedroom apartment outside city center |
$1,865.29
|
$1,074.71
€1,042.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$112.29
|
$130.03
€126.10
|
|
pay 64.6% less for childcare
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,618.98
|
$567.57
€550.42
|
|
| Middle school for 1 child, two semesters |
$28,166.67
|
$10,069.47
€9,765.28
|
|
pay 38.0% less for entertainment and sports
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.72
|
$3.75
€3.64
|
|
| Cappuccino in mid-range area |
$4.97
|
$2.59
€2.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.57
|
$6.43
€6.24
|
|
| Monthly membership at local gym |
$54.75
|
$43.11
€41.81
|
|
| Movie ticket to theater/cinema |
$15.73
|
$10.72
€10.39
|
|
pay 14.4% more for clothing
|
New Jersey
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$53.04
|
$90.50
€87.77
|
|
|
Regular dress
from H&M or similar store
|
$45.58
|
$37.21
€36.09
|
|
|
Running shoes
Nike or Adidas
|
$91.11
|
$97.88
€94.92
|
|
| Men's business shoes (leather) |
$124.03
|
$121.40
€117.73
|
|
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