Madrid vs New York City - Cost of Living Comparison

Updated:

Livingcost

Madrid New York City
🚶 Cost of living one person
$1781
$4441
👨‍👩‍👧‍👦 Cost of living Family
$4027
$10033
🏠 One person rent
$1048
$2960
🏘️ Family rent
$1736
$5380
🍽️ Food expenses
$445
$886
🚐 Transport expenses
$163
$364
💳 Monthly salary after tax
$2294
$5544
😷 Air quality
Excellent
Good
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
100
😀 Quality of life
90
95
🏙️ Population
3.42M
8.8M

The cost of living in Madrid is 60% less expensive than in New York City. Cities ranked 2443rd and 3rd ($1781 vs $4441) in the list of the most expensive cities in the world and ranked 5th 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 1.3 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 151st and 22nd 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
$14.7
$29.7
🥂 Dinner in a Restaurant, for 2
$57
$133
🥪 Fast food meal, equiv. McDonald's
$10.6
$12
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.36
$8.94
☕ Cappuccino
$2.92
$5.95
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.77
$3.2
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1203
$3501
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$853
$2603
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2092
$4776
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1428
$5236
🔌 Utility Bill one person, electricity, heating, water, etc.
$94
$112
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$145
$171
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$30.6
$65.5
🏦 Mortgage Interest Rate for 20 Years
3.59%
6.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6884
$17935
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3988
$12929
Transportation
🚌 Local transport ticket
$1.56
$2.91
🎟️ Monthly ticket local transport
$32.4
$132
🚕 Taxi Ride, 8 km or 5 mi
$15.8
$22.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.74
$1
Groceries
🥛 Milk, 1 L or 1 qt
$1.11
$1.53
🍞 Bread, 0.5 kg or 1.1 lb
$1.31
$5.04
🍚 Rice, 1 kg or 2.2 lb
$1.31
$7.95
🥚 Eggs, x12
$3.12
$5.54
🧀 Cheese, 1 kg or 2.2 lb
$13.5
$17.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.12
$15.4
🥩 Round Steak, 1 kg or 2.2 lb
$14.5
$20
🍏 Apples, 1 kg or 2.2 lb
$2.31
$7.6
🍌 Banana, 1 kg or 2.2 lb
$1.91
$2.37
🍊 Oranges, 1 kg or 2.2 lb
$2.13
$6.05
🍅 Tomato, 1 kg or 2.2 lb
$2.26
$6.2
🥔 Potato, 1 kg or 2.2 lb
$1.78
$3.66
🧅 Onion, 1 kg or 2.2 lb
$1.77
$3.84
🌊 Water, 1 L or 1 qt
$0.59
$1.72
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.02
$3.41
🍾 Wine (mid-priced), 750 mL bottle
$6.89
$20
🍺 Beer, 0.5 L or 16 fl oz
$1.21
$2.89
🚬 Cigarette pack
$6.25
$18.1
💊 Cold medicince, 1 week
$11.5
$9.89
🧴 Hair Shampoo
$3.96
$5.44
🧻 Toilet paper, 4 rolls
$2.62
$6.94
👄 Toothpaste, 1 tube
$2.99
$1.95
Other
🏋️ Gym Membership, 1 month
$45
$71
🎫 Cinema Ticket, 1 person
$10.2
$20.1
👩‍⚕️ Doctor's visit
$58.3
$173
💇 Haircut, simple
$15.1
$36.1
👖 Brand Jeans
$80.7
$67.3
👟 Brand Sneakers
$90.1
$113
👶 Daycare or Preschool, 1 month
$576
$1784
🏫 International Primary School, 1 year
$10042
$21465

Cost of living in other countries

MadridNew York City

Cost of living

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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
$1565
11 km or 6.7 mi Coslada
$1530
14 km or 8.5 mi Alcobendas
$1433
18 km or 11 mi Mostoles
$1573
18 km or 11 mi Fuenlabrada
$1389
18 km or 11 mi Torrejon de Ardoz
$1387
21 km or 13 mi Tres Cantos
$1309
29 km or 18 mi Alcala de Henares
$1293
50 km or 31 mi Guadalajara
$1056
68 km or 42 mi Toledo
$1204
69 km or 43 mi Segovia
$1285
138 km or 86 mi Cuenca
$1084
155 km or 97 mi Laguna de Duero
$1201
158 km or 98 mi Villarrobledo
$1235
162 km or 101 mi Valladolid
$1212
177 km or 110 mi Salamanca
$1086
196 km or 122 mi Puertollano
$812
208 km or 129 mi Plasencia
$1098
211 km or 131 mi Zamora
$1286
215 km or 133 mi Burgos
$1107
223 km or 139 mi Albacete
$1209
242 km or 150 mi Villanueva de la Serena
$1157
244 km or 151 mi Requena
$1261
250 km or 156 mi Logrono
$983
251 km or 156 mi Caceres
$947
253 km or 157 mi Tudela
$1241
258 km or 160 mi Linares
$1220
269 km or 167 mi Ubeda
$1316
272 km or 169 mi Zaragoza
$1101
281 km or 175 mi Merida
$1126
283 km or 176 mi Vitoria-Gasteiz
$1532
288 km or 179 mi Leon
$1241
295 km or 183 mi Jaen
$930
296 km or 184 mi Jumilla
$1241
297 km or 184 mi Cordoba
$1100
298 km or 185 mi Yecla
$1324
299 km or 186 mi Braganca
$806
301 km or 187 mi Martos
$1204
302 km or 187 mi Caravaca de la Cruz
$1221
302 km or 188 mi Valencia
$1522

Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2534
11 km or 6.8 mi Hoboken
$3271
11 km or 7.1 mi Jersey
$3040
13 km or 8.3 mi Union
$2886
14 km or 8.8 mi West New York
$2703
14 km or 8.9 mi Bayonne
$3302
15 km or 9.6 mi North Bergen
$2701
17 km or 10 mi Secaucus
$2756
17 km or 11 mi Cliffside Park
$2698
18 km or 11 mi Kearny
$2720
20 km or 12 mi Valley Stream
$2730
20 km or 13 mi Fort Lee
$2792
20 km or 13 mi Lyndhurst
$2667
22 km or 14 mi Newark
$2729
23 km or 14 mi Elizabeth
$2740
23 km or 14 mi Belleville
$2512
25 km or 15 mi Hillside
$2693
25 km or 15 mi Long Beach
$2732
25 km or 15 mi Nutley
$2531
25 km or 16 mi East Orange
$2587
25 km or 16 mi Irvington
$2637
26 km or 16 mi Rockville Centre
$2614
26 km or 16 mi Linden
$2749
26 km or 16 mi Hackensack
$2664
26 km or 16 mi Bloomfield
$2480
26 km or 16 mi Teaneck
$2715
26 km or 16 mi Carteret
$2722
26 km or 16 mi Passaic
$2676
27 km or 17 mi Roselle
$2747
27 km or 17 mi Hempstead
$2664
28 km or 17 mi Union Township
$2716
28 km or 18 mi Clifton
$2745
28 km or 18 mi Maplewood
$2611
29 km or 18 mi Montclair
$2456
29 km or 18 mi Bergenfield
$2674
29 km or 18 mi Mount Vernon
$2772
30 km or 18 mi Rahway
$2730
30 km or 18 mi Uniondale
$2610
30 km or 18 mi West Orange
$2456
30 km or 18 mi New Rochelle
$3111