Madrid vs New York City - Cost of Living Comparison

Updated:

Livingcost

Madrid New York City
🚶 Cost of living one person
$1889
$4051
👨‍👩‍👧‍👦 Cost of living Family
$4256
$8925
🏠 One person rent
$1111
$2620
🏘️ Family rent
$1849
$4454
🍽️ Food expenses
$457
$807
🚐 Transport expenses
$177
$399
💳 Monthly salary after tax
$2391
$5777
😷 Air quality
Excellent
Good
✈️ Airport proximity
10 km
13 km
🎓 Higher education
98
100
😀 Quality of life
90
97
🏙️ Population
3.33M
8.8M

The cost of living in Madrid is 53% less expensive than in New York City. Cities ranked 2194th and 5th ($1889 vs $4051) in the list of the most expensive cities in the world and ranked 5th and 3rd 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 1.4 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 149th and 13th 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
$15.3
$24.7
🥂 Dinner in a Restaurant, for 2
$58.7
$111
🥪 Fast food meal, equiv. McDonald's
$11
$12.6
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.18
$9.78
☕ Cappuccino
$2.93
$6.22
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.83
$3.16
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1256
$2702
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$911
$2361
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2211
$5005
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1526
$3996
🔌 Utility Bill one person, electricity, heating, water, etc.
$98
$122
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$152
$187
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$33.1
$69.3
🏦 Mortgage Interest Rate for 20 Years
3.68%
6.73%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6496
$19111
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4015
$3215
Transportation
🚌 Local transport ticket
$1.65
$2.88
🎟️ Monthly ticket local transport
$45.3
$138
🚕 Taxi Ride, 8 km or 5 mi
$15.1
$27.1
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.85
$1.02
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$1.39
🍞 Bread, 0.5 kg or 1.1 lb
$1.5
$4.43
🍚 Rice, 1 kg or 2.2 lb
$1.51
$6.1
🥚 Eggs, x12
$3.24
$5.36
🧀 Cheese, 1 kg or 2.2 lb
$15.1
$16.6
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.47
$13.7
🥩 Round Steak, 1 kg or 2.2 lb
$15.4
$19.2
🍏 Apples, 1 kg or 2.2 lb
$2.61
$5.78
🍌 Banana, 1 kg or 2.2 lb
$2.01
$2.13
🍊 Oranges, 1 kg or 2.2 lb
$2.2
$5.75
🍅 Tomato, 1 kg or 2.2 lb
$2.45
$5.74
🥔 Potato, 1 kg or 2.2 lb
$1.85
$3.22
🧅 Onion, 1 kg or 2.2 lb
$1.82
$3.62
🌊 Water, 1 L or 1 qt
$0.62
$1.57
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.22
$2.88
🍾 Wine (mid-priced), 750 mL bottle
$7.49
$20.1
🍺 Beer, 0.5 L or 16 fl oz
$1.3
$3.49
🚬 Cigarette pack
$6.16
$17.1
💊 Cold medicince, 1 week
$9.3
$10.5
🧴 Hair Shampoo
$3.59
$10
🧻 Toilet paper, 4 rolls
$2.4
$7.97
👄 Toothpaste, 1 tube
$2.71
$2.36
Other
🏋️ Gym Membership, 1 month
$47.2
$144
🎫 Cinema Ticket, 1 person
$11.5
$19.8
👩‍⚕️ Doctor's visit
$67.3
$156
💇 Haircut, simple
$21.5
$25.4
👖 Brand Jeans
$89.1
$65.6
👟 Brand Sneakers
$96.9
$111
👶 Daycare or Preschool, 1 month
$585
$1717
🏫 International Primary School, 1 year
$10462
$20585

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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
$1776
11 km or 6.7 mi Coslada
$1567
14 km or 8.5 mi Alcobendas
$1526
18 km or 11 mi Mostoles
$1591
18 km or 11 mi Fuenlabrada
$1592
18 km or 11 mi Torrejon de Ardoz
$1471
21 km or 13 mi Tres Cantos
$1396
29 km or 18 mi Alcala de Henares
$1444
50 km or 31 mi Guadalajara
$1122
68 km or 42 mi Toledo
$1289
69 km or 43 mi Segovia
$1333
138 km or 86 mi Cuenca
$1162
155 km or 97 mi Laguna de Duero
$1259
158 km or 98 mi Villarrobledo
$1287
162 km or 101 mi Valladolid
$1262
177 km or 110 mi Salamanca
$1127
196 km or 122 mi Puertollano
$974
208 km or 129 mi Plasencia
$1169
211 km or 131 mi Zamora
$1260
215 km or 133 mi Burgos
$1220
223 km or 139 mi Albacete
$1037
242 km or 150 mi Villanueva de la Serena
$1217
244 km or 151 mi Requena
$1317
250 km or 156 mi Logrono
$1016
251 km or 156 mi Caceres
$1019
253 km or 157 mi Tudela
$1314
258 km or 160 mi Linares
$1316
269 km or 167 mi Ubeda
$1461
272 km or 169 mi Zaragoza
$1330
281 km or 175 mi Merida
$1186
283 km or 176 mi Vitoria-Gasteiz
$1600
288 km or 179 mi Leon
$1337
295 km or 183 mi Jaen
$1013
296 km or 184 mi Jumilla
$1258
297 km or 184 mi Cordoba
$1165
298 km or 185 mi Yecla
$1271
299 km or 186 mi Braganca
$863
301 km or 187 mi Martos
$1284
302 km or 187 mi Caravaca de la Cruz
$1260
302 km or 188 mi Valencia
$1581

Cities near New York City

Distance City Cost of living
11 km or 6.6 mi Astoria
$2510
11 km or 6.8 mi Hoboken
$3280
11 km or 7.1 mi Jersey
$3002
13 km or 8.3 mi Union
$2857
14 km or 8.8 mi West New York
$2634
14 km or 8.9 mi Bayonne
$3168
15 km or 9.6 mi North Bergen
$2611
17 km or 10 mi Secaucus
$2701
17 km or 11 mi Cliffside Park
$2414
18 km or 11 mi Kearny
$2671
20 km or 12 mi Valley Stream
$2715
20 km or 13 mi Fort Lee
$2165
20 km or 13 mi Lyndhurst
$2605
22 km or 14 mi Newark
$2575
23 km or 14 mi Elizabeth
$2733
23 km or 14 mi Belleville
$2479
25 km or 15 mi Hillside
$2664
25 km or 15 mi Long Beach
$2722
25 km or 15 mi Nutley
$2493
25 km or 16 mi East Orange
$2635
25 km or 16 mi Irvington
$2622
26 km or 16 mi Rockville Centre
$2607
26 km or 16 mi Linden
$2762
26 km or 16 mi Hackensack
$2590
26 km or 16 mi Bloomfield
$2424
26 km or 16 mi Teaneck
$2641
26 km or 16 mi Carteret
$2778
26 km or 16 mi Passaic
$2646
27 km or 17 mi Roselle
$2760
27 km or 17 mi Hempstead
$2702
28 km or 17 mi Union Township
$2732
28 km or 18 mi Clifton
$2721
28 km or 18 mi Maplewood
$2691
29 km or 18 mi Montclair
$2454
29 km or 18 mi Bergenfield
$2586
29 km or 18 mi Mount Vernon
$2811
30 km or 18 mi Rahway
$2771
30 km or 18 mi Uniondale
$2578
30 km or 18 mi West Orange
$2553
30 km or 18 mi New Rochelle
$3108