Last update: Oct 2026

Cost of Living Comparison Between Fort Madison, IA and New York, NY

For one person, living is cheaper in Fort Madison, IA: $2,559 a month against $4,938 in New York, NY, rent and utilities included – about $28,500 less a year. Rent and utilities account for most of the difference.

Fort Madison, IA
🇺🇸 United States
$2,559
/mo nomad
New York, NY
🇺🇸 United States
$4,938
/mo nomad
Monthly Cost of Living

How much you'll spend in Fort Madison, IA and in New York, NY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Fort Madison, IA and in New York, NY actually costs, broken down by who's living it.

A single person spends $2,559 per month in Fort Madison, IA vs $4,938 in New York, NY, rent included.

  • Fort Madison, IA $2,559
  • New York, NY $4,938

A couple spends around $3,754 per month in Fort Madison, IA vs $7,273 in New York, NY, rent included.

  • Fort Madison, IA $3,754
  • New York, NY $7,273

A family of three spends $4,950 per month in Fort Madison, IA vs $9,608 in New York, NY, rent included.

  • Fort Madison, IA $4,950
  • New York, NY $9,608

Fort Madison, IA is about 48% cheaper than New York, NY, and outside of rent the biggest gap is in groceries.

Both Fort Madison, IA and New York, NY sit above the global median – Fort Madison, IA by 89%, New York, NY by 264%.

Currency
🍽 Eating Out
Fort Madison, IA
New York, NY
Difference
Meal at Budget Restaurant
$19.82 $19.82
$24.99 $24.99
-20.69%
Three-Course Dinner for Two, Mid-Range
$76.2 $76.2
$120 $120
-36.67%
Fast Food Meal (McDonalds, etc)
$11.40 $11.40
$13.74 $13.74
-17.03%
Cappuccino
$5.49 $5.49
$6.60 $6.60
-16.82%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.63 $2.63
$3.82 $3.82
-31.15%
Water (0.33 liter bottle)
$1.98 $1.98
$2.87 $2.87
-31.01%
Local Beer (0.5 liter draught)
$6.13 $6.13
$7.95 $7.95
-22.89%
Imported Beer (0.33 liter bottle)
$7.37 $7.37
$10.06 $10.06
-26.74%
🛒 Groceries & Markets
Fort Madison, IA
New York, NY
Difference
Milk (1 liter)
$1.05 $1.05
$1.37 $1.37
-23.36%
White Bread (500g)
$3.45 $3.45
$4.75 $4.75
-27.37%
Rice (white) (1kg)
$4.30 $4.30
$7.69 $7.69
-44.08%
Eggs
$4.15 $4.15
$5.87 $5.87
-29.30%
Local Cheese (1kg)
$12.60 $12.60
$19.25 $19.25
-34.55%
Chicken Fillets (1kg)
$11.33 $11.33
$17.83 $17.83
-36.46%
Beef Round Steak (1kg)
$17.07 $17.07
$19.03 $19.03
-10.30%
Apples (1kg)
$4.89 $4.89
$6.69 $6.69
-26.91%
Banana (1kg)
$1.58 $1.58
$2.29 $2.29
-31.00%
Oranges (1kg)
$4.23 $4.23
$6.41 $6.41
-34.01%
Tomato (1kg)
$4.82 $4.82
$6.75 $6.75
-28.59%
Potato (1kg)
$2.84 $2.84
$3.93 $3.93
-27.74%
Onion (1kg)
$2.94 $2.94
$4.52 $4.52
-34.96%
Lettuce (1 head)
$2.14 $2.14
$2.79 $2.79
-23.30%
Water (1.5 liter bottle)
$2.21 $2.21
$2.51 $2.51
-11.95%
Cigarettes 20 Pack (Marlboro, Camel)
$10.10 $10.10
$18.10 $18.10
-44.20%
Wine (Bottle)
$15.04 $15.04
$20.16 $20.16
-25.40%
Local Beer (0.5 liter bottle)
$1.68 $1.68
$3.26 $3.26
-48.47%
Imported Beer (0.33 liter bottle)
$3.00 $3.00
$3.75 $3.75
-20.00%
🚌 Getting Around
Fort Madison, IA
New York, NY
Difference
One-way Ticket (Public Transport)
$2.27 $2.27
$2.92 $2.92
-22.26%
Public Transport Monthly Pass (Regular Price)
-
$143 $143
-
Taxi Start (Normal Tariff)
$3.33 $3.33
$3.06 $3.06
8.82%
Taxi (Normal Tariff) (1km)
$1.76 $1.76
$2.16 $2.16
-18.52%
Taxi 1hour Waiting (Normal Tariff)
$31.70 $31.70
$41.33 $41.33
-23.30%
Gasoline (1 liter)
$0.92 $0.92
$1.12 $1.12
-17.86%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.6K $26.6K
$33.1K $33.1K
-19.84%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$23.8K $23.8K
$25.7K $25.7K
-7.40%
🧾 Monthly Utilities & Internet
Fort Madison, IA
New York, NY
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$201 $201
$219 $219
-8.15%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$59.0 $59.0
$75.3 $75.3
-21.68%
Internet (50+ Mbps, Unlimited Data)
$71.0 $71.0
$70.5 $70.5
0.67%
🎉 Sport & Entertainment
Fort Madison, IA
New York, NY
Difference
Gym Membership (Monthly)
$41.05 $41.05
$116 $116
-64.46%
Tennis Court (1 Hour on Weekend)
-
$67.6 $67.6
-
Cinema Ticket
$14.14 $14.14
$21.37 $21.37
-33.83%
🧸 Childcare & Education
Fort Madison, IA
New York, NY
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,439 $1,439
$3,432 $3,432
-58.07%
International Primary School, 1 Child (Yearly)
$23.7K $23.7K
$61.7K $61.7K
-61.54%
👕👟 Clothing & Footwear
Fort Madison, IA
New York, NY
Difference
Jeans (Levis 501 Or Similar)
$53.8 $53.8
$74.9 $74.9
-28.19%
Summer Dress (H&M, Zara, etc)
$40.89 $40.89
$52.1 $52.1
-21.58%
Sport Shoes (Adidas, Nike)
$88.0 $88.0
$117 $117
-24.59%
Men's Leather Business Shoes
$115 $115
$135 $135
-14.79%
🏠 Accommodation & Living
Fort Madison, IA
New York, NY
Difference
1-bedroom Apartment, City Center (Monthly)
$1,582 $1,582
$4,347 $4,347
-63.62%
1-bedroom Apartment, Outside City Center (Monthly)
$1,287 $1,287
$3,117 $3,117
-58.70%
3-bedroom Apartment, City Center (Monthly)
$2,533 $2,533
$9,110 $9,110
-72.20%
3-bedroom Apartment, Outside City Center (Monthly)
$2,141 $2,141
$5,379 $5,379
-60.20%
Buy Apartment in City Center (m2)
$2,414 $2,414
$19.3K $19.3K
-87.48%
Buy Apartment Outside City Center (m2)
$2,589 $2,589
$6,943 $6,943
-62.71%
💵 Salaries & Financials
Fort Madison, IA
New York, NY
Difference
Average Monthly Net Salary (After Tax)
-
$5,238 $5,238
-
20-Year Fixed Mortgage Interest Rate (Annual %)
6.57
6.85
-4.09%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Fort Madison, IA: October 18, 2026

Last update for New York, NY: October 17, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Fort Madison, IA
$1.3K
New York, NY
$3.1K 142% $1.8K
Groceries & Markets
Fort Madison, IA
$393
New York, NY
$552 40.4% $159
Monthly Utilities & Internet
Fort Madison, IA
$331
New York, NY
$365 10.2% $34
Eating Out
Fort Madison, IA
$322
New York, NY
$407 26.2% $84
Clothing & Footwear
Fort Madison, IA
$134
New York, NY
$170 27.2% $36
Sport & Entertainment
Fort Madison, IA
$69
New York, NY
$158 128% $89
Getting Around
Fort Madison, IA
$21 *
New York, NY
$168 693% $147

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,582 in Fort Madison, IA versus $4,347 in New York, NY. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $76.0 in Fort Madison, IA versus $120 in New York, NY. Monthly groceries follow the same trend: $393 vs $552 – making Fort Madison, IA the more affordable choice for daily food spending.

Good to know
🇺🇸 Fort Madison, IA
🇺🇸 New York, NY
🕒 Local time
19:08 7:08 PM
20:08 8:08 PM
1 h ahead of Fort Madison, IA
🌤 Weather
👥 Population
10,270
8,804,190
Exchange rates and currency converter

EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 22, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Fort Madison, IA New York, NY 1,440 km ≈ 2 h 15 min nonstop flight
From you
  • Fort Madison, IA
  • New York, NY

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Fort Madison, IA vs New York, NY: Cost of Living - Frequently Asked Questions
How do living costs in Fort Madison, IA and in New York, NY compare overall?
Monthly costs with rent: $2,559 in Fort Madison, IA, $4,938 in New York, NY – roughly 93% apart. Outside of rent, the biggest gap is in groceries.
What salary covers living expenses in Fort Madison, IA compared to New York, NY?
For a comfortable life, plan on about $3,838 per month in Fort Madison, IA and $7,407 in New York, NY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Fort Madison, IA and New York, NY?
Rent is clearly cheaper in Fort Madison, IA, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper restaurants?
A mid-range dinner for two costs $76.0 in Fort Madison, IA and $120 in New York, NY. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city has cheaper grocery shopping?
Groceries cost about 40% more in New York, NY, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Which city is feasible on a $3,000 budget?
$3,000 is a stretch for both – monthly costs hit $2,559 in Fort Madison, IA and $4,938 in New York, NY. You'll need shared housing and careful budgeting no matter which city you pick.
How does quality of life compare between Fort Madison, IA and New York, NY?
It depends on your priorities. New York, NY has an edge in some lifestyle areas, with costs from $2,559 in Fort Madison, IA to $4,938 in New York, NY. Climate, culture, job market, and personal taste all factor in.
Is Fort Madison, IA or New York, NY safer for residents?
Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.
How do I decide between Fort Madison, IA and New York, NY?
If budget matters most, go with Fort Madison, IA. If higher salaries, better infrastructure, or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.

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