Madrid vs New York City - Cost of Living Comparison

Updated:

Livingcost

Madrid New York City
🚶 Cost of living one person
$2089
$4207
👨‍👩‍👧‍👦 Cost of living Family
$4820
$9179
🏠 One person rent
$1219
$2718
🏘️ Family rent
$2088
$4382
🍽️ Food expenses
$518
$875
🚐 Transport expenses
$197
$373
💳 Monthly salary after tax
$2681
$5229
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
100
😀 Quality of life
90
95
🏙️ Population
3.51M
8.8M

The cost of living in Madrid is 50% less expensive than in New York City. Cities ranked 1805th and 4th ($2089 vs $4207) in the list of the most expensive cities in the world and ranked 5th and 2nd 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 1.3 months in Madrid compared to 1.2 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 190th and 18th among best cities to live in the world.

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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
$16.8
$23.6
🥂 Dinner in a Restaurant, for 2
$64.4
$107
🥪 Fast food meal, equiv. McDonald's
$12.2
$13.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.79
$8.27
☕ Cappuccino
$3.61
$5.88
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.17
$2.87
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1380
$3712
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1000
$2223
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2540
$5056
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1720
$3881
🔌 Utility Bill one person, electricity, heating, water, etc.
$111
$130
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$171
$200
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.8
$66.8
🏦 Mortgage Interest Rate for 20 Years
3.15%
6.64%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8795
$17512
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4558
$9335
Transportation
🚌 Local transport ticket
$1.77
$3.01
🎟️ Monthly ticket local transport
$43.6
$134
🚕 Taxi Ride, 8 km or 5 mi
$18.7
$23.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.85
$0.89
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$1.38
🍞 Bread, 0.5 kg or 1.1 lb
$1.41
$4.55
🍚 Rice, 1 kg or 2.2 lb
$1.64
$6.56
🥚 Eggs, x12
$4.14
$7.96
🧀 Cheese, 1 kg or 2.2 lb
$18.4
$19.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.28
$15.1
🥩 Round Steak, 1 kg or 2.2 lb
$19.2
$19.9
🍏 Apples, 1 kg or 2.2 lb
$2.98
$6.67
🍌 Banana, 1 kg or 2.2 lb
$2.39
$2.42
🍊 Oranges, 1 kg or 2.2 lb
$2.69
$5.62
🍅 Tomato, 1 kg or 2.2 lb
$2.9
$6.34
🥔 Potato, 1 kg or 2.2 lb
$2.3
$3.09
🧅 Onion, 1 kg or 2.2 lb
$2.24
$3.46
🌊 Water, 1 L or 1 qt
$0.6
$1.65
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.67
$3.77
🍾 Wine (mid-priced), 750 mL bottle
$10.2
$18.5
🍺 Beer, 0.5 L or 16 fl oz
$1.4
$4.32
🚬 Cigarette pack
$7.09
$18.7
💊 Cold medicince, 1 week
$11.5
$23.4
🧴 Hair Shampoo
$4.06
$13.9
🧻 Toilet paper, 4 rolls
$2.63
$7.99
👄 Toothpaste, 1 tube
$2.83
$2.83
Other
🏋️ Gym Membership, 1 month
$52.8
$118
🎫 Cinema Ticket, 1 person
$12.3
$21.2
👩‍⚕️ Doctor's visit
$71
$156
💇 Haircut, simple
$20.2
$40.7
👖 Brand Jeans
$103
$68.7
👟 Brand Sneakers
$108
$116
👶 Daycare or Preschool, 1 month
$702
$2132
🏫 International Primary School, 1 year
$14237
$21999

Cost of living in other countries

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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
$1936
11 km or 6.7 mi Coslada
$1751
14 km or 8.5 mi Alcobendas
$1731
18 km or 11 mi Mostoles
$1747
18 km or 11 mi Fuenlabrada
$1648
18 km or 11 mi Torrejon de Ardoz
$1671
21 km or 13 mi Tres Cantos
$1688
29 km or 18 mi Alcala de Henares
$1697
50 km or 31 mi Guadalajara
$1226
68 km or 42 mi Toledo
$1350
69 km or 43 mi Segovia
$1366
138 km or 86 mi Cuenca
$1251
155 km or 97 mi Laguna de Duero
$1384
158 km or 98 mi Villarrobledo
$1433
162 km or 101 mi Valladolid
$1408
177 km or 110 mi Salamanca
$1215
196 km or 122 mi Puertollano
$918
208 km or 129 mi Plasencia
$1260
211 km or 131 mi Zamora
$1387
215 km or 133 mi Burgos
$1343
223 km or 139 mi Albacete
$1451
242 km or 150 mi Villanueva de la Serena
$1349
244 km or 151 mi Requena
$1461
250 km or 156 mi Logrono
$1146
251 km or 156 mi Caceres
$1253
253 km or 157 mi Tudela
$1462
258 km or 160 mi Linares
$1356
269 km or 167 mi Ubeda
$1435
272 km or 169 mi Zaragoza
$1471
281 km or 175 mi Merida
$1300
283 km or 176 mi Vitoria-Gasteiz
$1734
288 km or 179 mi Leon
$1365
295 km or 183 mi Jaen
$1123
296 km or 184 mi Jumilla
$1388
297 km or 184 mi Cordoba
$1331
298 km or 185 mi Yecla
$1299
299 km or 186 mi Braganca
$957
301 km or 187 mi Martos
$1385
302 km or 187 mi Caravaca de la Cruz
$1366
302 km or 188 mi Valencia
$1797

Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2850
11 km or 6.8 mi Hoboken
$3614
11 km or 7.1 mi Jersey
$3134
13 km or 8.3 mi Union
$3092
14 km or 8.8 mi West New York
$2814
14 km or 8.9 mi Bayonne
$3307
15 km or 9.6 mi North Bergen
$2803
17 km or 10 mi Secaucus
$2868
17 km or 11 mi Cliffside Park
$2738
18 km or 11 mi Kearny
$2781
20 km or 12 mi Valley Stream
$2803
20 km or 13 mi Fort Lee
$2801
20 km or 13 mi Lyndhurst
$2696
22 km or 14 mi Newark
$2750
23 km or 14 mi Elizabeth
$2792
23 km or 14 mi Belleville
$2533
25 km or 15 mi Hillside
$2717
25 km or 15 mi Long Beach
$2809
25 km or 15 mi Nutley
$2539
25 km or 16 mi East Orange
$2512
25 km or 16 mi Irvington
$2665
26 km or 16 mi Rockville Centre
$2684
26 km or 16 mi Linden
$2774
26 km or 16 mi Hackensack
$2685
26 km or 16 mi Bloomfield
$2477
26 km or 16 mi Teaneck
$2702
26 km or 16 mi Carteret
$2782
26 km or 16 mi Passaic
$2665
27 km or 17 mi Roselle
$2772
27 km or 17 mi Hempstead
$2697
28 km or 17 mi Union Township
$2734
28 km or 18 mi Clifton
$2666
28 km or 18 mi Maplewood
$2638
29 km or 18 mi Montclair
$2497
29 km or 18 mi Bergenfield
$2687
29 km or 18 mi Mount Vernon
$2863
30 km or 18 mi Rahway
$2758
30 km or 18 mi Uniondale
$2690
30 km or 18 mi West Orange
$2503
30 km or 18 mi New Rochelle
$3188