Cost of living comparison

Spain

compared to

United States

Parsippany-Troy Hills vs. Madrid Cost of Living Summary

Parsippany-Troy Hills is 5.1% more expensive than Madrid.

Restaurants: pay 11.9% less in Parsippany-Troy Hills
Groceries: pay 2.1% less in Parsippany-Troy Hills
Transportation: pay 5.5% less in Parsippany-Troy Hills
Housing: pay 18.6% more in Parsippany-Troy Hills
Childcare: pay 63.7% more in Parsippany-Troy Hills
Entertainment and Sports: pay 10.1% more in Parsippany-Troy Hills
Clothing: pay 21.1% less in Parsippany-Troy Hills

The cost of childcare, housing, and entertainment and sports in Parsippany-Troy Hills are more expensive than in Madrid. Expenses including clothing, restaurants, transportation, and groceries are lower in Parsippany-Troy Hills.

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Parsippany-Troy Hills vs. Madrid Cost Breakdown

If you lived in Parsippany-Troy Hills instead of Madrid, you would:

Display currency: USD

pay 11.9% less for restaurants

	Madrid	Parsippany-Troy Hills
Basic meal with drink at inexpensive restaurant	$17.92 €15.99	$15.00	-16.3%
Fast food combo meal McDonalds, or similar	$11.20 €9.99	$12.00	+7.2%
Bottle of Coca-Cola (11 fl. oz)	$3.30 €2.95	$2.50	-24.3%
Bottle of water (11 fl. oz)	$2.30 €2.05	$1.50	-34.8%
Average			-11.9%

Madrid vs. Parsippany-Troy Hills - Cost of restaurants

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pay 2.1% less for groceries

	Madrid	Parsippany-Troy Hills
Bread 1 loaf	$1.57 €1.40	$4.41	+181.5%
Local cheese (8 oz)	$8.35 €7.45	$6.61	-20.8%
Milk (1 gallon)	$5.25 €4.69	$4.35	-17.2%
Eggs 1 dozen	$4.15 €3.70	$3.50	-15.6%
Boneless chicken breast (1 lb)	$4.23 €3.77	$3.00	-29.0%
Apples (1 lb)	$1.17 €1.05	$1.20	+2.5%
Bananas (1 lb)	$0.96 €0.86	$0.55	-42.7%
Oranges (1 lb)	$1.15 €1.03	$1.20	+4.5%
Tomatoes (1 lb)	$1.16 €1.03	$1.30	+12.3%
Potatoes (1 lb)	$1.00 €0.89	$1.00	+0.4%
Onions (1 lb)	$0.97 €0.86	$1.00	+3.2%
Average			-2.1%

Madrid vs. Parsippany-Troy Hills - Cost of groceries

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pay 5.5% less for transportation

	Madrid	Parsippany-Troy Hills
Gasoline (1 gallon)	$6.88 €6.14	$3.48	-49.4%
Monthly public transit pass	$36.95 €32.98	$70.00	+89.4%
New Volkswagen Golf 1.4 (standard edition)	$35,271.67 €31,481.31	$35,458.00	+0.5%
Taxi trip in downtown area (5 miles)	$15.84 €14.14	$19.40	+22.4%
Average			-5.5%

Madrid vs. Parsippany-Troy Hills - Cost of transportation

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pay 18.6% more for housing

	Madrid	Parsippany-Troy Hills
Internet connection 50 mbps or faster, cable/dsl	$34.86 €31.12	$40.00	+14.7%
1-Bedroom apartment in downtown area	$1,491.38 €1,331.11	$1,850.00	+24.0%
1-Bedroom apartment outside city center	$1,193.86 €1,065.57	$1,500.00	+25.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$144.11 €128.62	$131.21	-9.0%
Average			+18.6%

Madrid vs. Parsippany-Troy Hills - Cost of housing

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pay 63.7% more for childcare

	Madrid	Parsippany-Troy Hills
Private preschool for 1 child, monthly	$668.48 €596.65	$2,000.00	+199.2%
Middle school for 1 child, two semesters	$17,859.91 €15,940.65	$16,000.00	-10.4%
Average			+63.7%

Madrid vs. Parsippany-Troy Hills - Cost of childcare

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pay 10.1% more for entertainment and sports

	Madrid	Parsippany-Troy Hills
Domestic/local beer (1 pint)	$3.92 €3.50	$7.50	+91.4%
Cappuccino in mid-range area	$3.07 €2.74	$4.50	+46.4%
Pack of cigarettes Marlboro or similar	$6.72 €6.00	$11.00	+63.7%
Monthly membership at local gym	$50.67 €45.22	$25.00	-50.7%
Movie ticket to theater/cinema	$11.20 €9.99	$12.00	+7.2%
Average			+10.1%

Madrid vs. Parsippany-Troy Hills - Cost of entertainment and sports

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pay 21.1% less for clothing

	Madrid	Parsippany-Troy Hills
Regular jeans Levi's brand	$86.50 €77.20	$32.50	-62.4%
Regular dress from H&M or similar store	$42.98 €38.36	$47.50	+10.5%
Running shoes Nike or Adidas	$108.99 €97.28	$86.67	-20.5%
Men's business shoes (leather)	$112.77 €100.65	$132.50	+17.5%
Average			-21.1%

Madrid vs. Parsippany-Troy Hills - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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