Cost of living comparison
Madrid is 2.2% more expensive than Newark.
- Restaurants
-
pay 19.9% more in Madrid
- Groceries
-
pay 20.4% less in Madrid
- Transportation
-
pay 61.3% more in Madrid
- Housing
-
pay 11.7% less in Madrid
- Childcare
-
pay 34.4% less in Madrid
- Entertainment and Sports
-
pay 14.7% less in Madrid
- Clothing
-
pay 15.7% more in Madrid
The cost of transportation, restaurants, and clothing in Madrid are more expensive than in Newark. Expenses including childcare, groceries, entertainment and sports, and housing are lower in Madrid.
If you lived in Madrid instead of Newark, you would:
pay 19.9% more for restaurants
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.00
|
$16.08
€15.59
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.00
|
$10.72
€10.39
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.00
|
$2.79
€2.70
|
|
| Bottle of water (11 fl. oz) |
$1.50
|
$1.80
€1.75
|
|
pay 20.4% less for groceries
|
Newark
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.99
|
$1.50
€1.45
|
|
| Local cheese (8 oz) |
$8.27
|
$6.92
€6.71
|
|
| Milk (1 gallon) |
$2.67
|
$4.41
€4.27
|
|
|
Eggs
1 dozen
|
$2.16
|
$3.05
€2.96
|
|
| Boneless chicken breast (1 lb) |
$4.00
|
$3.78
€3.67
|
|
| Apples (1 lb) |
$2.48
|
$1.13
€1.09
|
|
| Bananas (1 lb) |
$1.53
|
$0.87
€0.84
|
|
| Oranges (1 lb) |
$2.30
|
$1.01
€0.97
|
|
| Tomatoes (1 lb) |
$2.00
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.10
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$1.99
|
$0.82
€0.80
|
|
pay 61.3% more for transportation
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.26
|
$6.79
€6.58
|
|
| Monthly public transit pass |
$60.00
|
$42.87
€41.58
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$17,500.00
|
$35,759.38
€34,679.12
|
|
| Taxi trip in downtown area (5 miles) | ?? |
$14.90
€14.45
|
|
pay 11.7% less for housing
|
Newark
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$50.00
|
$31.85
€30.88
|
|
| 1-Bedroom apartment in downtown area |
$1,533.33
|
$1,468.90
€1,424.52
|
|
| 1-Bedroom apartment outside city center |
$1,300.00
|
$1,074.71
€1,042.24
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$117.00
|
$130.03
€126.10
|
|
pay 34.4% less for childcare
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,200.00
|
$567.57
€550.42
|
|
| Middle school for 1 child, two semesters |
$12,000.00
|
$10,069.47
€9,765.28
|
|
pay 14.7% less for entertainment and sports
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.25
|
$3.75
€3.64
|
|
| Cappuccino in mid-range area |
$4.33
|
$2.59
€2.51
|
|
|
Pack of cigarettes
Marlboro or similar
|
$8.82
|
$6.43
€6.24
|
|
| Monthly membership at local gym | ?? |
$43.11
€41.81
|
|
| Movie ticket to theater/cinema |
$11.50
|
$10.72
€10.39
|
|
pay 15.7% more for clothing
|
Newark
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$41.00
|
$90.50
€87.77
|
|
|
Regular dress
from H&M or similar store
|
$40.00
|
$37.21
€36.09
|
|
|
Running shoes
Nike or Adidas
|
$93.33
|
$97.88
€94.92
|
|
| Men's business shoes (leather) |
$275.00
|
$121.40
€117.73
|
|
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