Cost of living comparison
Madrid is 10.0% cheaper than Newark.
- Restaurants
-
pay 8.5% less in Madrid
- Groceries
-
pay 18.7% less in Madrid
- Transportation
-
pay 28.8% more in Madrid
- Housing
-
pay 29.7% less in Madrid
- Childcare
-
pay 34.4% less in Madrid
- Entertainment and Sports
-
pay 29.6% less in Madrid
- Clothing
-
pay 22.2% more in Madrid
The cost of transportation and clothing in Madrid are more expensive than in Newark. Expenses including childcare, housing, entertainment and sports, groceries, and restaurants are lower in Madrid.
If you lived in Madrid instead of Newark, you would:
pay 8.5% less for restaurants
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$22.00
|
$16.08
€15.68
|
|
|
Fast food combo meal
McDonalds, or similar
|
$12.00
|
$10.72
€10.45
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.60
|
$2.79
€2.72
|
|
| Bottle of water (11 fl. oz) |
$1.88
|
$1.80
€1.76
|
|
pay 18.7% less for groceries
|
Newark
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.40
|
$1.50
€1.46
|
|
| Local cheese (8 oz) |
$3.90
|
$6.92
€6.75
|
|
| Milk (1 gallon) |
$5.02
|
$4.41
€4.30
|
|
|
Eggs
1 dozen
|
$2.48
|
$3.05
€2.98
|
|
| Boneless chicken breast (1 lb) |
$6.82
|
$3.78
€3.69
|
|
| Apples (1 lb) |
$3.25
|
$1.13
€1.10
|
|
| Bananas (1 lb) |
$0.64
|
$0.87
€0.85
|
|
| Oranges (1 lb) |
$1.29
|
$1.01
€0.98
|
|
| Tomatoes (1 lb) |
$2.49
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.19
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$1.49
|
$0.82
€0.80
|
|
pay 28.8% more for transportation
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.68
|
$6.79
€6.62
|
|
| Monthly public transit pass |
$30.00
|
$42.87
€41.81
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$29,455.62
|
$35,759.38
€34,871.90
|
|
| Taxi trip in downtown area (5 miles) |
$22.40
|
$14.90
€14.53
|
|
pay 29.7% less for housing
|
Newark
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$74.25
|
$31.85
€31.06
|
|
| 1-Bedroom apartment in downtown area |
$2,300.00
|
$1,468.90
€1,432.44
|
|
| 1-Bedroom apartment outside city center |
$1,700.00
|
$1,074.71
€1,048.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$117.00
|
$130.03
€126.80
|
|
pay 34.4% less for childcare
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,200.00
|
$567.57
€553.48
|
|
| Middle school for 1 child, two semesters |
$12,000.00
|
$10,069.47
€9,819.57
|
|
pay 29.6% less for entertainment and sports
|
Newark
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$5.00
|
$3.75
€3.66
|
|
| Cappuccino in mid-range area |
$5.95
|
$2.59
€2.52
|
|
|
Pack of cigarettes
Marlboro or similar
|
$10.50
|
$6.43
€6.27
|
|
| Monthly membership at local gym |
$45.00
|
$43.11
€42.04
|
|
| Movie ticket to theater/cinema |
$14.00
|
$10.72
€10.45
|
|
pay 22.2% more for clothing
|
Newark
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$45.00
|
$90.50
€88.25
|
|
|
Regular dress
from H&M or similar store
|
$45.62
|
$37.21
€36.29
|
|
|
Running shoes
Nike or Adidas
|
$93.33
|
$97.88
€95.45
|
|
| Men's business shoes (leather) |
$120.00
|
$121.40
€118.38
|
|
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