Madrid vs New York City - Cost of Living Comparison

Madrid New York City
🚶 Cost of living one person
$1585
$3723
👨‍👩‍👧‍👦 Cost of living Family
$3605
$8021
🏠 One person rent
$868
$2426
🏘️ Family rent
$1407
$3744
🍽️ Food expenses
$387
$752
🚐 Transport expenses
$206
$347
💳 Monthly salary after tax
$2191
$5796
😷 Air quality
Excellent
Good
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
100
😀 Quality of life
90
95
🏙️ Population
3.28M
8.8M

The cost of living in Madrid is 57% less expensive than in New York City. Cities ranked 2572nd and 3rd ($1585 vs $3723) in the list of the most expensive cities in the world and ranked 3rd and 1st in Spain and the United States, respectively. Check Spain vs the United States comparison.

The average after-tax salary is enough to cover living expenses for 1.4 months in Madrid compared to 1.6 months in New York City. Madrid ranked 1st best city to live in Spain vs New York City ranked 2nd in the United States, while ranked 103rd and 23rd among best cities to live in the world.

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Cost of living in Madrid vs New York City infographic

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Prices in Madrid vs New York City

Prices for goods and services in Madrid and New York City are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Madrid New York City
Eating Out
🍱 Lunch Menu
$13.2
$20.7
🥂 Dinner in a Restaurant, for 2
$48.8
$84.3
🥪 Fast food meal, equiv. McDonald's
$8.77
$10.9
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.44
$8.05
☕ Cappuccino
$2.82
$5.2
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.52
$2.76
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$919
$3237
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$689
$2007
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1611
$4220
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1123
$3341
🔌 Utility Bill one person, electricity, heating, water, etc.
$99
$105
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$153
$160
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$34.4
$67.4
🏦 Mortgage Interest Rate for 20 Years
2.42%
5.68%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5839
$14208
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3990
$9347
Transportation
🚌 Local transport ticket
$1.63
$2.75
🎟️ Monthly ticket local transport
$56.5
$129
🚕 Taxi Ride, 8 km or 5 mi
$17.7
$20.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.01
$1.2
Groceries
🥛 Milk, 1 L or 1 qt
$1.01
$1.26
🍞 Bread, 0.5 kg or 1.1 lb
$1.02
$4.16
🍚 Rice, 1 kg or 2.2 lb
$1.11
$6.09
🥚 Eggs, x12
$2.76
$5.37
🧀 Cheese, 1 kg or 2.2 lb
$12.7
$16.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.52
$17.3
🥩 Round Steak, 1 kg or 2.2 lb
$13.3
$21.6
🍏 Apples, 1 kg or 2.2 lb
$2.1
$5.52
🍌 Banana, 1 kg or 2.2 lb
$2.03
$2.31
🍊 Oranges, 1 kg or 2.2 lb
$1.96
$5.2
🍅 Tomato, 1 kg or 2.2 lb
$2.07
$6.12
🥔 Potato, 1 kg or 2.2 lb
$1.27
$3.98
🧅 Onion, 1 kg or 2.2 lb
$1.45
$3.82
🌊 Water, 1 L or 1 qt
$0.49
$1.63
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.13
$3.14
🍾 Wine (mid-priced), 750 mL bottle
$7.05
$18
🍺 Beer, 0.5 L or 16 fl oz
$1.11
$3.24
🚬 Cigarette pack
$5.84
$15
💊 Cold medicince, 1 week
$5.5
$9.27
🧴 Hair Shampoo
$3.29
$6.98
🧻 Toilet paper, 4 rolls
$2.11
$4.11
👄 Toothpaste, 1 tube
$2.07
$2.01
Other
🏋️ Gym Membership, 1 month
$41.9
$91
🎫 Cinema Ticket, 1 person
$9.56
$18.1
👩‍⚕️ Doctor's visit
$57.8
$145
💇 Haircut, simple
$19.1
$24.9
👖 Brand Jeans
$79.5
$62.1
👟 Brand Sneakers
$84.4
$94.7
👶 Daycare or Preschool, 1 month
$519
$2250
🏫 International Primary School, 1 year
$9641
$25572

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Cost of Living in the nearest cities

Cities near Madrid

Distance City Cost of living
11 km or 6.6 mi Pozuelo de Alarcon
$1298
11 km or 6.7 mi Coslada
$1063
14 km or 8.5 mi Alcobendas
$1119
18 km or 11 mi Mostoles
$1173
18 km or 11 mi Fuenlabrada
$1313
18 km or 11 mi Torrejon de Ardoz
$1151
21 km or 13 mi Tres Cantos
$1163
29 km or 18 mi Alcala de Henares
$1195
50 km or 31 mi Guadalajara
$1135
68 km or 42 mi Toledo
$926
69 km or 43 mi Segovia
$1032
138 km or 86 mi Cuenca
$1103
155 km or 97 mi Laguna de Duero
$1109
158 km or 98 mi Villarrobledo
$1108
162 km or 101 mi Valladolid
$1121
177 km or 110 mi Salamanca
$1084
196 km or 122 mi Puertollano
$1133
208 km or 129 mi Plasencia
$838
211 km or 131 mi Zamora
$1108
215 km or 133 mi Burgos
$977
223 km or 139 mi Albacete
$972
242 km or 150 mi Villanueva de la Serena
$1109
244 km or 151 mi Requena
$1105
250 km or 156 mi Logrono
$962
251 km or 156 mi Caceres
$907
253 km or 157 mi Tudela
$1108
258 km or 160 mi Linares
$1108
269 km or 167 mi Ubeda
$1148
272 km or 169 mi Zaragoza
$1100
281 km or 175 mi Merida
$1104
283 km or 176 mi Vitoria-Gasteiz
$1256
288 km or 179 mi Leon
$1012
295 km or 183 mi Jaen
$845
296 km or 184 mi Jumilla
$1109
297 km or 184 mi Cordoba
$986
298 km or 185 mi Yecla
$1105
299 km or 186 mi Braganca
$716
301 km or 187 mi Martos
$1107
302 km or 187 mi Caravaca de la Cruz
$1109
302 km or 188 mi Valencia
$1276

Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2139
11 km or 6.8 mi Hoboken
$3115
11 km or 7.1 mi Jersey
$2308
13 km or 8.3 mi Union
$2016
14 km or 8.8 mi West New York
$2208
14 km or 8.9 mi Bayonne
$2132
15 km or 9.6 mi North Bergen
$2012
17 km or 10 mi Secaucus
$2008
17 km or 11 mi Cliffside Park
$2017
18 km or 11 mi Kearny
$2023
20 km or 12 mi Valley Stream
$2020
20 km or 13 mi Fort Lee
$2611
20 km or 13 mi Lyndhurst
$2018
22 km or 14 mi Newark
$1921
23 km or 14 mi Elizabeth
$2027
23 km or 14 mi Belleville
$2025
25 km or 15 mi Hillside
$2008
25 km or 15 mi Long Beach
$2012
25 km or 15 mi Nutley
$2014
25 km or 16 mi East Orange
$1891
25 km or 16 mi Irvington
$2010
26 km or 16 mi Rockville Centre
$2011
26 km or 16 mi Linden
$2022
26 km or 16 mi Hackensack
$2006
26 km or 16 mi Bloomfield
$2093
26 km or 16 mi Teaneck
$1992
26 km or 16 mi Carteret
$2011
26 km or 16 mi Passaic
$2089
27 km or 17 mi Roselle
$2004
27 km or 17 mi Hempstead
$2889
28 km or 17 mi Union Township
$2023
28 km or 18 mi Clifton
$2509
28 km or 18 mi Maplewood
$2017
29 km or 18 mi Montclair
$2265
29 km or 18 mi Bergenfield
$2013
29 km or 18 mi Mount Vernon
$2146
30 km or 18 mi Rahway
$2020
30 km or 18 mi Uniondale
$2372
30 km or 18 mi West Orange
$2015
30 km or 18 mi New Rochelle
$2960