Cost of living comparison
Madrid is 4.0% cheaper than Parsippany-Troy Hills.
- Restaurants
-
pay 17.8% more in Madrid
- Groceries
-
pay 3.1% less in Madrid
- Transportation
-
pay 8.2% more in Madrid
- Housing
-
pay 18.5% less in Madrid
- Childcare
-
pay 58.5% less in Madrid
- Entertainment and Sports
-
pay 11.9% less in Madrid
- Clothing
-
pay 37.9% more in Madrid
The cost of clothing, restaurants, and transportation in Madrid are more expensive than in Parsippany-Troy Hills. Expenses including childcare, housing, entertainment and sports, and groceries are lower in Madrid.
If you lived in Madrid instead of Parsippany-Troy Hills, you would:
pay 17.8% more for restaurants
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$12.50
|
$16.08
€15.68
|
|
|
Fast food combo meal
McDonalds, or similar
|
$9.50
|
$10.72
€10.45
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.00
|
$2.79
€2.72
|
|
| Bottle of water (11 fl. oz) |
$2.00
|
$1.80
€1.76
|
|
pay 3.1% less for groceries
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$4.04
|
$1.50
€1.46
|
|
| Local cheese (8 oz) |
$6.61
|
$6.92
€6.75
|
|
| Milk (1 gallon) |
$4.08
|
$4.41
€4.30
|
|
|
Eggs
1 dozen
|
$2.75
|
$3.05
€2.98
|
|
| Boneless chicken breast (1 lb) |
$3.00
|
$3.78
€3.69
|
|
| Apples (1 lb) |
$1.30
|
$1.13
€1.10
|
|
| Bananas (1 lb) |
$0.55
|
$0.87
€0.85
|
|
| Oranges (1 lb) |
$1.20
|
$1.01
€0.98
|
|
| Tomatoes (1 lb) |
$1.23
|
$1.05
€1.02
|
|
| Potatoes (1 lb) |
$1.00
|
$0.83
€0.81
|
|
| Onions (1 lb) |
$1.00
|
$0.82
€0.80
|
|
pay 8.2% more for transportation
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$3.40
|
$6.79
€6.62
|
|
| Monthly public transit pass |
$95.00
|
$42.87
€41.81
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,000.00
|
$35,759.38
€34,871.90
|
|
| Taxi trip in downtown area (5 miles) |
$21.46
|
$14.90
€14.53
|
|
pay 18.5% less for housing
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$40.00
|
$31.85
€31.06
|
|
| 1-Bedroom apartment in downtown area |
$1,833.33
|
$1,468.90
€1,432.44
|
|
| 1-Bedroom apartment outside city center |
$1,500.00
|
$1,074.71
€1,048.04
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$137.65
|
$130.03
€126.80
|
|
pay 58.5% less for childcare
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$1,366.67
|
$567.57
€553.48
|
|
| Middle school for 1 child, two semesters | ?? |
$10,069.47
€9,819.57
|
|
pay 11.9% less for entertainment and sports
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$6.00
|
$3.75
€3.66
|
|
| Cappuccino in mid-range area |
$4.50
|
$2.59
€2.52
|
|
|
Pack of cigarettes
Marlboro or similar
|
$11.00
|
$6.43
€6.27
|
|
| Monthly membership at local gym |
$25.00
|
$43.11
€42.04
|
|
| Movie ticket to theater/cinema |
$12.00
|
$10.72
€10.45
|
|
pay 37.9% more for clothing
|
Parsippany-Troy Hills
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$32.50
|
$90.50
€88.25
|
|
|
Regular dress
from H&M or similar store
|
$47.50
|
$37.21
€36.29
|
|
|
Running shoes
Nike or Adidas
|
$95.00
|
$97.88
€95.45
|
|
| Men's business shoes (leather) |
$132.50
|
$121.40
€118.38
|
|
Change currency:
Compare countries by overall cost of living
Help us improve these prices
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Madrid or Parsippany-Troy Hills. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.