Madrid vs New York City - Cost of Living Comparison

Updated:

Livingcost

Madrid New York City
🚶 Cost of living one person
$2109
$4202
👨‍👩‍👧‍👦 Cost of living Family
$4833
$9189
🏠 One person rent
$1251
$2718
🏘️ Family rent
$2104
$4417
🍽️ Food expenses
$517
$842
🚐 Transport expenses
$191
$400
💳 Monthly salary after tax
$2569
$5389
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
100
😀 Quality of life
91
95
🏙️ Population
3.51M
8.8M

The cost of living in Madrid is 50% less expensive than in New York City. Cities ranked 1723rd and 4th ($2109 vs $4202) in the list of the most expensive cities in the world and ranked 4th 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 1.2 months in Madrid compared to 1.3 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 160th and 15th 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
$17.6
$22.6
🥂 Dinner in a Restaurant, for 2
$60.1
$90
🥪 Fast food meal, equiv. McDonald's
$13.1
$13.4
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.64
$8.3
☕ Cappuccino
$3.76
$6.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.27
$3.28
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1411
$3692
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1035
$2206
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2589
$5140
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1735
$3874
🔌 Utility Bill one person, electricity, heating, water, etc.
$108
$144
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$165
$218
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.4
$70.6
🏦 Mortgage Interest Rate for 20 Years
3.1%
6.31%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$9054
$18073
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4487
$7831
Transportation
🚌 Local transport ticket
$1.75
$3.01
🎟️ Monthly ticket local transport
$42.5
$138
🚕 Taxi Ride, 8 km or 5 mi
$18.1
$27
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.8
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.28
$1.44
🍞 Bread, 0.5 kg or 1.1 lb
$1.34
$4.07
🍚 Rice, 1 kg or 2.2 lb
$1.51
$5.67
🥚 Eggs, x12
$3.97
$6.75
🧀 Cheese, 1 kg or 2.2 lb
$17.3
$16.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.98
$14.6
🥩 Round Steak, 1 kg or 2.2 lb
$17.7
$18.5
🍏 Apples, 1 kg or 2.2 lb
$3.06
$6.3
🍌 Banana, 1 kg or 2.2 lb
$2.39
$2.24
🍊 Oranges, 1 kg or 2.2 lb
$2.64
$5.79
🍅 Tomato, 1 kg or 2.2 lb
$2.88
$6.72
🥔 Potato, 1 kg or 2.2 lb
$2.22
$3.21
🧅 Onion, 1 kg or 2.2 lb
$2.27
$3.96
🌊 Water, 1 L or 1 qt
$0.67
$1.67
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.95
$3.57
🍾 Wine (mid-priced), 750 mL bottle
$8.81
$19.7
🍺 Beer, 0.5 L or 16 fl oz
$1.32
$4.61
🚬 Cigarette pack
$7.01
$18.5
💊 Cold medicince, 1 week
$11.7
$23.4
🧴 Hair Shampoo
$4.43
$14
🧻 Toilet paper, 4 rolls
$2.43
$8.02
👄 Toothpaste, 1 tube
$2.55
$2.86
Other
🏋️ Gym Membership, 1 month
$53.1
$132
🎫 Cinema Ticket, 1 person
$11.8
$21.7
👩‍⚕️ Doctor's visit
$68.9
$159
💇 Haircut, simple
$17.4
$40.5
👖 Brand Jeans
$99.3
$61.1
👟 Brand Sneakers
$114
$115
👶 Daycare or Preschool, 1 month
$729
$2095
🏫 International Primary School, 1 year
$16324
$21713

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
$1899
11 km or 6.7 mi Coslada
$1721
14 km or 8.5 mi Alcobendas
$1708
18 km or 11 mi Mostoles
$1716
18 km or 11 mi Fuenlabrada
$1603
18 km or 11 mi Torrejon de Ardoz
$1643
21 km or 13 mi Tres Cantos
$1667
29 km or 18 mi Alcala de Henares
$1678
50 km or 31 mi Guadalajara
$1200
68 km or 42 mi Toledo
$1320
69 km or 43 mi Segovia
$1360
138 km or 86 mi Cuenca
$1246
155 km or 97 mi Laguna de Duero
$1396
158 km or 98 mi Villarrobledo
$1397
162 km or 101 mi Valladolid
$1415
177 km or 110 mi Salamanca
$1191
196 km or 122 mi Puertollano
$896
208 km or 129 mi Plasencia
$1267
211 km or 131 mi Zamora
$1373
215 km or 133 mi Burgos
$1242
223 km or 139 mi Albacete
$1303
242 km or 150 mi Villanueva de la Serena
$1325
244 km or 151 mi Requena
$1421
250 km or 156 mi Logrono
$1115
251 km or 156 mi Caceres
$1187
253 km or 157 mi Tudela
$1424
258 km or 160 mi Linares
$1395
269 km or 167 mi Ubeda
$1499
272 km or 169 mi Zaragoza
$1436
281 km or 175 mi Merida
$1276
283 km or 176 mi Vitoria-Gasteiz
$1697
288 km or 179 mi Leon
$1265
295 km or 183 mi Jaen
$1125
296 km or 184 mi Jumilla
$1316
297 km or 184 mi Cordoba
$1291
298 km or 185 mi Yecla
$1203
299 km or 186 mi Braganca
$935
301 km or 187 mi Martos
$1390
302 km or 187 mi Caravaca de la Cruz
$1351
302 km or 188 mi Valencia
$1812

Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2940
11 km or 6.8 mi Hoboken
$3729
11 km or 7.1 mi Jersey
$3110
13 km or 8.3 mi Union
$3145
14 km or 8.8 mi West New York
$2842
14 km or 8.9 mi Bayonne
$3304
15 km or 9.6 mi North Bergen
$2840
17 km or 10 mi Secaucus
$2917
17 km or 11 mi Cliffside Park
$2795
18 km or 11 mi Kearny
$2791
20 km or 12 mi Valley Stream
$2820
20 km or 13 mi Fort Lee
$2821
20 km or 13 mi Lyndhurst
$2707
22 km or 14 mi Newark
$2797
23 km or 14 mi Elizabeth
$2805
23 km or 14 mi Belleville
$2545
25 km or 15 mi Hillside
$2725
25 km or 15 mi Long Beach
$2823
25 km or 15 mi Nutley
$2540
25 km or 16 mi East Orange
$2557
25 km or 16 mi Irvington
$2665
26 km or 16 mi Rockville Centre
$2700
26 km or 16 mi Linden
$2791
26 km or 16 mi Hackensack
$2692
26 km or 16 mi Bloomfield
$2485
26 km or 16 mi Teaneck
$2697
26 km or 16 mi Carteret
$2775
26 km or 16 mi Passaic
$2614
27 km or 17 mi Roselle
$2779
27 km or 17 mi Hempstead
$2710
28 km or 17 mi Union Township
$2729
28 km or 18 mi Clifton
$2669
28 km or 18 mi Maplewood
$2634
29 km or 18 mi Montclair
$2450
29 km or 18 mi Bergenfield
$2713
29 km or 18 mi Mount Vernon
$2863
30 km or 18 mi Rahway
$2762
30 km or 18 mi Uniondale
$2694
30 km or 18 mi West Orange
$2488
30 km or 18 mi New Rochelle
$3192