Madrid vs New York City - Cost of Living Comparison

Updated:

Livingcost

Madrid New York City
🚶 Cost of living one person
$1726
$4044
👨‍👩‍👧‍👦 Cost of living Family
$3985
$8222
🏠 One person rent
$986
$2662
🏘️ Family rent
$1693
$3953
🍽️ Food expenses
$440
$794
🚐 Transport expenses
$168
$392
💳 Monthly salary after tax
$2362
$6298
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
100
😀 Quality of life
90
96
🏙️ Population
3.28M
8.8M

The cost of living in Madrid is 57% less expensive than in New York City. Cities ranked 2577th and 6th ($1726 vs $4044) in the list of the most expensive cities in the world and ranked 7th and 4th 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 1st in the United States, while ranked 121st and 8th 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
$14.1
$24.2
🥂 Dinner in a Restaurant, for 2
$58.9
$108
🥪 Fast food meal, equiv. McDonald's
$10
$11.8
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.01
$8.64
 Cappuccino
$2.55
$5.71
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.69
$2.94
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1118
$3504
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$805
$2240
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2068
$3748
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1386
$3719
🔌 Utility Bill one person, electricity, heating, water, etc.
$85.8
$103
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$138
$162
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$32.9
$66.3
🏦 Mortgage Interest Rate for 20 Years
2.58%
6.65%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$4611
$16943
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$2665
$12588
Transportation
🚌 Local transport ticket
$1.64
$2.96
🎟️ Monthly ticket local transport
$43.5
$135
🚕 Taxi Ride, 8 km or 5 mi
$14
$26.4
 Gas / Petrol, 1 L or 0.26 gal
$1.81
$1.05
Groceries
🥛 Milk, 1 L or 1 qt
$1.15
$1.4
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$4.11
🍚 Rice, 1 kg or 2.2 lb
$1.44
$5.76
🥚 Eggs, x12
$3.16
$5.55
🧀 Cheese, 1 kg or 2.2 lb
$14.8
$16.5
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.08
$15.2
🥩 Round Steak, 1 kg or 2.2 lb
$14.9
$19.9
🍏 Apples, 1 kg or 2.2 lb
$2.39
$5.87
🍌 Banana, 1 kg or 2.2 lb
$1.93
$2.03
🍊 Oranges, 1 kg or 2.2 lb
$1.79
$5.87
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$6.18
🥔 Potato, 1 kg or 2.2 lb
$1.48
$3.38
🧅 Onion, 1 kg or 2.2 lb
$1.58
$3.81
🌊 Water, 1 L or 1 qt
$0.64
$1.64
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.24
$3
🍾 Wine (mid-priced), 750 mL bottle
$6.7
$20
🍺 Beer, 0.5 L or 16 fl oz
$1.33
$2.67
🚬 Cigarette pack
$5.86
$16.7
💊 Cold medicince, 1 week
$11.5
$9.36
🧴 Hair Shampoo
$3.45
$7.02
🧻 Toilet paper, 4 rolls
$2.12
$6.99
👄 Toothpaste, 1 tube
$2.44
$2.37
Other
🏋️ Gym Membership, 1 month
$45.2
$115
🎫 Cinema Ticket, 1 person
$10.5
$18.8
👩‍⚕️ Doctor's visit
$72.3
$111
💇 Haircut, simple
$19.1
$27.2
👖 Brand Jeans
$73.2
$68.7
👟 Brand Sneakers
$84.6
$104
👶 Daycare or Preschool, 1 month
$529
$1647
🏫 International Primary School, 1 year
$9474
$17859

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
$1721
11 km or 6.7 mi Coslada
$1368
14 km or 8.5 mi Alcobendas
$1377
18 km or 11 mi Mostoles
$1572
18 km or 11 mi Fuenlabrada
$1492
18 km or 11 mi Torrejon de Ardoz
$1219
21 km or 13 mi Tres Cantos
$1298
29 km or 18 mi Alcala de Henares
$1156
50 km or 31 mi Guadalajara
$1138
68 km or 42 mi Toledo
$1282
69 km or 43 mi Segovia
$1303
138 km or 86 mi Cuenca
$1139
155 km or 97 mi Laguna de Duero
$1187
158 km or 98 mi Villarrobledo
$1203
162 km or 101 mi Valladolid
$1207
177 km or 110 mi Salamanca
$973
196 km or 122 mi Puertollano
$932
208 km or 129 mi Plasencia
$1127
211 km or 131 mi Zamora
$1140
215 km or 133 mi Burgos
$1109
223 km or 139 mi Albacete
$983
242 km or 150 mi Villanueva de la Serena
$1137
244 km or 151 mi Requena
$1241
250 km or 156 mi Logrono
$1142
251 km or 156 mi Caceres
$902
253 km or 157 mi Tudela
$1260
258 km or 160 mi Linares
$1206
269 km or 167 mi Ubeda
$1283
272 km or 169 mi Zaragoza
$1327
281 km or 175 mi Merida
$1096
283 km or 176 mi Vitoria-Gasteiz
$1382
288 km or 179 mi Leon
$987
295 km or 183 mi Jaen
$963
296 km or 184 mi Jumilla
$1191
297 km or 184 mi Cordoba
$1056
298 km or 185 mi Yecla
$1210
299 km or 186 mi Braganca
$807
301 km or 187 mi Martos
$1214
302 km or 187 mi Caravaca de la Cruz
$1176
302 km or 188 mi Valencia
$1437

Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2529
11 km or 6.8 mi Hoboken
$2821
11 km or 7.1 mi Jersey
$3002
13 km or 8.3 mi Union
$2743
14 km or 8.8 mi West New York
$2739
14 km or 8.9 mi Bayonne
$3241
15 km or 9.6 mi North Bergen
$2691
17 km or 10 mi Secaucus
$2638
17 km or 11 mi Cliffside Park
$2613
18 km or 11 mi Kearny
$2494
20 km or 12 mi Valley Stream
$2608
20 km or 13 mi Fort Lee
$2612
20 km or 13 mi Lyndhurst
$2520
22 km or 14 mi Newark
$1956
23 km or 14 mi Elizabeth
$2622
23 km or 14 mi Belleville
$2400
25 km or 15 mi Hillside
$2464
25 km or 15 mi Long Beach
$2612
25 km or 15 mi Nutley
$2433
25 km or 16 mi East Orange
$2351
25 km or 16 mi Irvington
$2338
26 km or 16 mi Rockville Centre
$2521
26 km or 16 mi Linden
$2684
26 km or 16 mi Hackensack
$2653
26 km or 16 mi Bloomfield
$2422
26 km or 16 mi Teaneck
$2638
26 km or 16 mi Carteret
$2695
26 km or 16 mi Passaic
$2615
27 km or 17 mi Roselle
$2660
27 km or 17 mi Hempstead
$2627
28 km or 17 mi Union Township
$2614
28 km or 18 mi Clifton
$2698
28 km or 18 mi Maplewood
$2534
29 km or 18 mi Montclair
$2404
29 km or 18 mi Bergenfield
$2737
29 km or 18 mi Mount Vernon
$2784
30 km or 18 mi Rahway
$2694
30 km or 18 mi Uniondale
$2465
30 km or 18 mi West Orange
$2447
30 km or 18 mi New Rochelle
$3028