Cost of living comparison

compared to

Madrid vs. Georgetown Cost of Living Summary

Madrid is 20.9% more expensive than Georgetown.

Restaurants
pay 33.5% more in Madrid
Groceries
pay 33.2% less in Madrid
Transportation
pay 11.4% more in Madrid
Housing
pay 75.9% more in Madrid
Childcare
pay 21.2% less in Madrid
Entertainment and Sports
pay 35.2% more in Madrid
Clothing
pay 25.9% more in Madrid

The cost of housing, entertainment and sports, restaurants, clothing, and transportation in Madrid are more expensive than in Georgetown. Expenses including groceries and childcare are lower in Madrid. Notably, housing is significantly more expensive in Madrid.

Madrid vs. Georgetown Cost Breakdown

If you lived in Madrid instead of Georgetown, you would:

pay 33.5% more for restaurants

 
Georgetown
Madrid
Basic meal with drink at inexpensive restaurant $17.93
GYD3,751.03
$17.92
€15.95
Fast food combo meal
McDonalds, or similar
$9.37
GYD1,960.54
$11.20
€9.97
Bottle of Coca-Cola (11 fl. oz) $1.24
GYD260.07
$3.30
€2.94

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pay 33.2% less for groceries

 
Georgetown
Madrid
Bread
1 loaf
$2.09
GYD436.70
$1.57
€1.39
Local cheese (8 oz) $7.72
GYD1,615.37
$8.35
€7.43
Milk (1 gallon) $12.31
GYD2,574.79
$5.25
€4.67

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pay 11.4% more for transportation

 
Georgetown
Madrid
Gasoline (1 gallon) $3.96
GYD828.60
$6.88
€6.12
Monthly public transit pass $60.49
GYD12,655.65
$36.95
€32.89
New Volkswagen Golf 1.4 (standard edition) $27,252.48
GYD6M
$35,271.67
€31,393.06

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pay 75.9% more for housing

 
Georgetown
Madrid
Internet connection
50 mbps or faster, cable/dsl
$43.65
GYD9,132.51
$34.86
€31.03
1-Bedroom apartment in downtown area $960.21
GYD201K
$1,491.38
€1,327.38
1-Bedroom apartment outside city center $519.95
GYD109K
$1,193.86
€1,062.58

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pay 21.2% less for childcare

 
Georgetown
Madrid
Private preschool for 1 child, monthly $1,026.67
GYD215K
$668.48
€594.97
Middle school for 1 child, two semesters $18,738.24
GYD4M
$17,859.91
€15,895.97

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pay 35.2% more for entertainment and sports

 
Georgetown
Madrid
Domestic/local beer (1 pint) $1.91
GYD400.11
$3.92
€3.49
Cappuccino in mid-range area $5.86
GYD1,225.34
$3.07
€2.74
Pack of cigarettes
Marlboro or similar
$3.35
GYD700.19
$6.72
€5.98

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pay 25.9% more for clothing

 
Georgetown
Madrid
Regular jeans
Levi's brand
$38.25
GYD8,002.20
$86.50
€76.99
Regular dress
from H&M or similar store
$41.44
GYD8,669.05
$42.98
€38.25
Running shoes
Nike or Adidas
$135.07
GYD28,257.75
$108.99
€97.00

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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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