Cost of living comparison
Madrid is 43.6% more expensive than Georgetown.
- Restaurants
-
pay 86.0% more in Madrid
- Groceries
-
pay 15.9% less in Madrid
- Transportation
-
pay 49.8% more in Madrid
- Housing
-
pay 2.2 times more in Madrid
- Childcare
-
pay 46.0% less in Madrid
- Entertainment and Sports
-
pay 65.5% more in Madrid
- Clothing
-
pay 44.1% more in Madrid
The cost of housing, restaurants, entertainment and sports, transportation, and clothing in Madrid are more expensive than in Georgetown. Expenses including childcare and groceries are lower in Madrid. Notably, housing and restaurants are significantly more expensive in Madrid.
If you lived in Madrid instead of Georgetown, you would:
pay 86.0% more for restaurants
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$11.88
GYD2,486.60
|
$16.08
€14.78
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.55
GYD1,790.35
|
$10.72
€9.86
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.21
GYD253.63
|
$2.79
€2.56
|
|
| Bottle of water (11 fl. oz) |
$0.71
GYD149.20
|
$1.80
€1.66
|
|
pay 15.9% less for groceries
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$2.01
GYD419.88
|
$1.50
€1.38
|
|
| Local cheese (8 oz) |
$5.36
GYD1,121.22
|
$6.92
€6.37
|
|
| Milk (1 gallon) |
$12.31
GYD2,577.13
|
$4.41
€4.05
|
|
|
Eggs
1 dozen
|
$3.41
GYD712.82
|
$3.05
€2.81
|
|
| Boneless chicken breast (1 lb) |
$2.63
GYD550.14
|
$3.78
€3.48
|
|
| Apples (1 lb) |
$1.78
GYD373.13
|
$1.13
€1.03
|
|
| Bananas (1 lb) |
$1.20
GYD252.04
|
$0.87
€0.80
|
|
| Oranges (1 lb) |
$1.70
GYD355.47
|
$1.01
€0.92
|
|
| Tomatoes (1 lb) |
$2.05
GYD428.20
|
$1.05
€0.96
|
|
| Potatoes (1 lb) |
$0.71
GYD147.90
|
$0.83
€0.77
|
|
| Onions (1 lb) |
$0.93
GYD194.91
|
$0.82
€0.75
|
|
pay 49.8% more for transportation
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.00
GYD837.74
|
$6.79
€6.24
|
|
| Monthly public transit pass |
$28.51
GYD5,967.83
|
$42.87
€39.42
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$15,680.67
GYD3,282,308.77
|
$35,759.38
€32,883.71
|
|
| Taxi trip in downtown area (5 miles) |
$28.99
GYD6,067.30
|
$14.90
€13.70
|
|
pay 2.2 times more for housing
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$61.18
GYD12,805.98
|
$31.85
€29.29
|
|
| 1-Bedroom apartment in downtown area |
$617.07
GYD129,167.16
|
$1,468.90
€1,350.77
|
|
| 1-Bedroom apartment outside city center |
$281.14
GYD58,849.48
|
$1,074.71
€988.29
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$61.00
GYD12,768.68
|
$130.03
€119.57
|
|
pay 46.0% less for childcare
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$876.83
GYD183,540.11
|
$567.57
€521.93
|
|
| Middle school for 1 child, two semesters |
$23,225.94
GYD4,861,701.44
|
$10,069.47
€9,259.71
|
|
pay 65.5% more for entertainment and sports
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.14
GYD447.59
|
$3.75
€3.45
|
|
| Cappuccino in mid-range area |
$3.88
GYD812.29
|
$2.59
€2.38
|
|
|
Pack of cigarettes
Marlboro or similar
|
$2.19
GYD457.53
|
$6.43
€5.91
|
|
| Monthly membership at local gym |
$38.81
GYD8,122.89
|
$43.11
€39.65
|
|
| Movie ticket to theater/cinema |
$5.94
GYD1,243.30
|
$10.72
€9.86
|
|
pay 44.1% more for clothing
|
Georgetown
|
Madrid
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$38.01
GYD7,957.11
|
$90.50
€83.22
|
|
|
Regular dress
from H&M or similar store
|
$52.27
GYD10,941.03
|
$37.21
€34.22
|
|
|
Running shoes
Nike or Adidas
|
$83.63
GYD17,505.65
|
$97.88
€90.01
|
|
| Men's business shoes (leather) |
$80.78
GYD16,908.86
|
$121.40
€111.64
|
|
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