Cost of living comparison
Madrid is 3.2 times more expensive than Accra.
If you lived in Madrid instead of Accra, you would:
pay 4.0 times more for restaurants
Accra
|
Madrid
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$3.99
GHS55.88
|
$15.16
€14.07
|
|
Fast food combo meal
McDonalds, or similar
|
$6.67
GHS93.40
|
$10.32
€9.57
|
|
Bottle of Coca-Cola (11 fl. oz) |
$0.70
GHS9.74
|
$2.71
€2.51
|
|
Bottle of water (11 fl. oz) |
$0.27
GHS3.76
|
$1.81
€1.68
|
|
pay 18.6% more for groceries
Accra
|
Madrid
|
||
---|---|---|---|
Bread
1 loaf
|
$1.59
GHS22.18
|
$1.74
€1.61
|
|
Local cheese (8 oz) |
$3.57
GHS49.91
|
$7.67
€7.12
|
|
Milk (1 gallon) |
$10.22
GHS142.97
|
$4.36
€4.05
|
|
Eggs
1 dozen
|
$2.41
GHS33.78
|
$3.02
€2.80
|
|
Boneless chicken breast (1 lb) |
$2.09
GHS29.30
|
$3.87
€3.59
|
|
Apples (1 lb) |
$1.15
GHS16.11
|
$1.14
€1.06
|
|
Bananas (1 lb) |
$0.59
GHS8.21
|
$0.89
€0.83
|
|
Oranges (1 lb) |
$0.73
GHS10.25
|
$0.97
€0.90
|
|
Tomatoes (1 lb) |
$1.15
GHS16.07
|
$1.13
€1.05
|
|
Potatoes (1 lb) |
$1.11
GHS15.51
|
$0.72
€0.67
|
|
Onions (1 lb) |
$0.95
GHS13.26
|
$0.77
€0.71
|
|
pay 2.1 times more for transportation
Accra
|
Madrid
|
||
---|---|---|---|
Gasoline (1 gallon) |
$4.34
GHS60.77
|
$6.78
€6.29
|
|
Monthly public transit pass |
$35.97
GHS503.27
|
$54.15
€50.24
|
|
New Volkswagen Golf 1.4 (standard edition) |
$8,310.68
GHS116,292.88
|
$36,133.87
€33,523.19
|
|
Taxi trip in downtown area (5 miles) |
$12.58
GHS176.03
|
$14.65
€13.59
|
|
pay 4.3 times more for housing
Accra
|
Madrid
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$45.95
GHS643.05
|
$33.64
€31.21
|
|
1-Bedroom apartment in downtown area |
$428.99
GHS6,002.92
|
$1,370.72
€1,271.69
|
|
1-Bedroom apartment outside city center |
$95.80
GHS1,340.51
|
$989.21
€917.73
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$43.81
GHS613.00
|
$123.32
€114.41
|
|
pay 5.5 times more for childcare
Accra
|
Madrid
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$59.09
GHS826.91
|
$543.23
€503.98
|
|
Middle school for 1 child, two semesters |
$5,489.48
GHS76,815.31
|
$9,978.95
€9,257.97
|
|
pay 2.1 times more for entertainment and sports
Accra
|
Madrid
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$1.20
GHS16.79
|
$3.79
€3.52
|
|
Cappuccino in mid-range area |
$2.52
GHS35.22
|
$2.63
€2.44
|
|
Pack of cigarettes
Marlboro or similar
|
$1.60
GHS22.40
|
$6.12
€5.68
|
|
Monthly membership at local gym |
$35.44
GHS495.99
|
$48.46
€44.96
|
|
Movie ticket to theater/cinema |
$8.70
GHS121.78
|
$10.83
€10.05
|
|
pay 3.2 times more for clothing
Accra
|
Madrid
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$15.66
GHS219.10
|
$83.95
€77.88
|
|
Regular dress
from H&M or similar store
|
$18.59
GHS260.16
|
$33.93
€31.48
|
|
Running shoes
Nike or Adidas
|
$32.46
GHS454.20
|
$87.19
€80.89
|
|
Men's business shoes (leather) |
$33.24
GHS465.17
|
$99.93
€92.71
|
|
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