Cost of living comparison
Madrid is 18.5% cheaper than New York.
- Restaurants
-
pay 0.7% more in Madrid
- Groceries
-
pay 31.6% less in Madrid
- Transportation
-
pay 6.1% more in Madrid
- Housing
-
pay 28.6% less in Madrid
- Childcare
-
pay 60.6% less in Madrid
- Entertainment and Sports
-
pay 39.9% less in Madrid
- Clothing
-
pay 24.1% more in Madrid
The cost of clothing, transportation, and restaurants in Madrid are more expensive than in New York. Expenses including childcare, entertainment and sports, groceries, and housing are lower in Madrid.
If you lived in Madrid instead of New York, you would:
pay 0.7% more for restaurants
|
New York
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$19.04
|
$16.08
€15.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.50
|
$10.72
€10.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.37
|
$2.79
€2.70
|
|
| Bottle of water (11 fl. oz) |
$1.83
|
$1.80
€1.75
|
|
pay 31.6% less for groceries
|
New York
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.74
|
$1.50
€1.45
|
|
| Local cheese (8 oz) |
$7.35
|
$6.92
€6.71
|
|
| Milk (1 gallon) |
$4.05
|
$4.41
€4.27
|
|
|
Eggs
1 dozen
|
$3.87
|
$3.05
€2.96
|
|
| Boneless chicken breast (1 lb) |
$5.18
|
$3.78
€3.67
|
|
| Apples (1 lb) |
$2.36
|
$1.13
€1.09
|
|
| Bananas (1 lb) |
$0.80
|
$0.87
€0.84
|
|
| Oranges (1 lb) |
$2.10
|
$1.01
€0.97
|
|
| Tomatoes (1 lb) |
$2.36
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.54
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$1.49
|
$0.82
€0.80
|
|
pay 6.1% more for transportation
|
New York
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.60
|
$6.79
€6.58
|
|
| Monthly public transit pass |
$97.65
|
$42.87
€41.58
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$31,535.81
|
$35,759.38
€34,679.12
|
|
| Taxi trip in downtown area (5 miles) |
$18.98
|
$14.90
€14.45
|
|
pay 28.6% less for housing
|
New York
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$63.86
|
$31.85
€30.88
|
|
| 1-Bedroom apartment in downtown area |
$1,925.71
|
$1,468.90
€1,424.52
|
|
| 1-Bedroom apartment outside city center |
$1,646.33
|
$1,074.71
€1,042.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$138.03
|
$130.03
€126.10
|
|
pay 60.6% less for childcare
|
New York
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,553.18
|
$567.57
€550.42
|
|
| Middle school for 1 child, two semesters |
$23,861.84
|
$10,069.47
€9,765.28
|
|
pay 39.9% less for entertainment and sports
|
New York
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.09
|
$3.75
€3.64
|
|
| Cappuccino in mid-range area |
$4.84
|
$2.59
€2.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$13.68
|
$6.43
€6.24
|
|
| Monthly membership at local gym |
$63.42
|
$43.11
€41.81
|
|
| Movie ticket to theater/cinema |
$15.22
|
$10.72
€10.39
|
|
pay 24.1% more for clothing
|
New York
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$50.08
|
$90.50
€87.77
|
|
|
Regular dress
from H&M or similar store
|
$41.74
|
$37.21
€36.09
|
|
|
Running shoes
Nike or Adidas
|
$82.58
|
$97.88
€94.92
|
|
| Men's business shoes (leather) |
$112.43
|
$121.40
€117.73
|
|
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