Cost of living in New York City (United States) is 196% more expensive than in Madrid (Spain)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,274 prices entered by 331 different people.
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Currency:
| Food | + 107% | |||
|---|---|---|---|---|
| Food in New York City (United States) is 107% more expensive than in Madrid (Spain) | ||||
| Update prices | Update prices | |||
| New York City | Madrid | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | $21 (€20) | €17 | + 16% | |
| Combo meal in fast food restaurant (big mac meal or similar) | $13 (€13) | €10 | + 22% | |
| 500 gr (1 lb.) of boneless chicken breast | $7 (€7) | €3.95 | + 81% | |
| 1 liter (1 qt.) of whole fat milk | $1.71 (€1.66) | €1.08 | + 54% | |
| 12 eggs, large | $9 (€8) | €3.27 | + 156% | |
| 1 kg (2 lb.) of tomatoes | $8 (€7) | €2.15 | + 241% | |
| 500 gr (16 oz.) of local cheese | $6 (€5.90) | €7 | - 17% | |
| 1 kg (2 lb.) of apples | $5.03 (€4.87) | €2.25 | + 117% | |
| 1 kg (2 lb.) of potatoes | $2.62 (€2.54) | €1.58 | + 61% | |
| 0.5 l (16 oz) domestic beer in the supermarket | $8 (€8) | €1.19 | + 545% | |
| 1 bottle of red table wine, good quality | $25 (€25) | €7 | + 237% | |
| 2 liters of coca-cola | $3.11 (€3.02) | €2.02 | + 49% | |
| Bread for 2 people for 1 day | $4.53 (€4.39) | €1.07 | + 309% | |
| Housing | + 176% | |||
| Housing in New York City (United States) is 176% more expensive than in Madrid (Spain) | ||||
| Update prices | Update prices | |||
| New York City | Madrid | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | $4,912 (€4,762) | €1,846 | + 158% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | $3,730 (€3,616) | €1,263 | + 186% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | $316 (€306) | €123 | + 149% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | $4,171 (€4,044) | €1,236 | + 227% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | $2,509 (€2,432) | €873 | + 178% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | $224 (€217) | €82 | + 164% | |
| Internet 8 mbps (1 month) | $72 (€70) | €27 | + 157% | |
| 40” flat screen tv | $446 (€432) | €289 | + 50% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | $173 (€168) | €100 | + 68% | |
| Laundry detergent (3 l. ~ 100 oz.) | $16 (€16) | €11 | + 46% | |
| Hourly rate for cleaning help | $35 (€34) | €12 | + 182% | |
| Clothes | + 94% | |||
| Clothes in New York City (United States) is 94% more expensive than in Madrid (Spain) | ||||
| Update prices | Update prices | |||
| New York City | Madrid | Diff | ||
| 1 pair of jeans (levis 501 or similar) | $84 (€81) | €71 | + 14% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | $67 (€65) | €27 | + 137% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | $138 (€134) | €82 | + 64% | |
| 1 pair of men’s leather business shoes | $289 (€280) | €86 | + 227% | |
| Transportation | + 240% | |||
| Transportation in New York City (United States) is 240% more expensive than in Madrid (Spain) | ||||
| Update prices | Update prices | |||
| New York City | Madrid | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | $57,529 (€55,771) | €28,292 | + 97% | |
| 1 liter (1/4 gallon) of gas | $1.08 (€1.04) | €1.59 | - 34% | |
| Monthly ticket public transport | $192 (€186) | €34 | + 450% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | $39 (€38) | €16 | + 132% | |
| Personal Care | + 237% | |||
| Personal Care in New York City (United States) is 237% more expensive than in Madrid (Spain) | ||||
| Update prices | Update prices | |||
| New York City | Madrid | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | $22 (€22) | €9 | + 130% | |
| 1 box of antibiotics (12 doses) | $55 (€54) | €8 | + 575% | |
| Short visit to private doctor (15 minutes) | $183 (€178) | €57 | + 211% | |
| 1 box of 32 tampons (tampax, ob, ...) | $18 (€17) | €3.75 | + 360% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | $10 (€9) | €3.20 | + 190% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | $17 (€17) | €3.81 | + 340% | |
| 4 rolls of toilet paper | $8 (€8) | €2.20 | + 264% | |
| Tube of toothpaste | $1.97 (€1.91) | €2.78 | - 31% | |
| Standard men's haircut in expat area of the city | $45 (€43) | €19 | + 132% | |
| Entertainment | + 290% | |||
| Entertainment in New York City (United States) is 290% more expensive than in Madrid (Spain) | ||||
| Update prices | Update prices | |||
| New York City | Madrid | Diff | ||
| Basic dinner out for two in neighborhood pub | $102 (€99) | €42 | + 136% | |
| 2 tickets to the movies | $52 (€50) | €20 | + 155% | |
| 2 tickets to the theater (best available seats) | $575 (€558) | €50 | + 1004% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | $183 (€177) | €55 | + 220% | |
| 1 cocktail drink in downtown club | $23 (€23) | €14 | + 64% | |
| Cappuccino in expat area of the city | $8 (€7) | €3.13 | + 136% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | $14 (€14) | €4.78 | + 189% | |
| Ipad wi-fi 128gb | $1,189 (€1,152) | €553 | + 108% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | $1.74 (€1.69) | €0.27 | + 530% | |
| 1 month of gym membership in business district | $325 (€315) | €53 | + 498% | |
| 1 package of marlboro cigarettes | $21 (€20) | €5.51 | + 272% | |
 |
TOTAL | + 196% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,274 prices entered by 331 different people.
These prices were last updated on January 20, 2025.
Exchange rate:
0.969
EUR
/
USD
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For example, you would need at least €17,736 ($18,295) in New York City to maintain the same standard of living that you can have with €6,000 in Madrid.
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