Cost of living comparison

 Madrid, Spain
compared to
George Town vs. Madrid Cost of Living Summary

George Town is 2.1 times more expensive than Madrid.

Restaurants
pay 57.0% more in George Town
Groceries
pay 2.9 times more in George Town
Transportation
pay 79.1% more in George Town
Housing
pay 2.5 times more in George Town
Childcare
pay 2.7 times more in George Town
Entertainment and Sports
pay 2.1 times more in George Town
Clothing
pay 34.6% more in George Town

The cost of groceries, childcare, housing, entertainment and sports, transportation, and restaurants in George Town are more expensive than in Madrid. Notably, groceries, childcare, and housing are significantly more expensive in George Town.

George Town vs. Madrid Cost Breakdown

If you lived in George Town instead of Madrid, you would:

pay 57.0% more for restaurants

 
Madrid
George Town
Basic meal with drink at inexpensive restaurant $16.08
€14.73
$29.82
KYD24.84
Fast food combo meal
McDonalds, or similar
$10.72
€9.82
$15.51
KYD12.92
Bottle of Coca-Cola (11 fl. oz) $2.79
€2.55
$3.80
KYD3.17

Improve prices ·

pay 2.9 times more for groceries

 
Madrid
George Town
Bread
1 loaf
$1.50
€1.37
$4.97
KYD4.14
Local cheese (8 oz) $6.92
€6.34
$6.42
KYD5.35
Milk (1 gallon) $4.41
€4.04
$11.63
KYD9.68

Improve prices ·

pay 79.1% more for transportation

 
Madrid
George Town
Gasoline (1 gallon) $6.79
€6.22
$6.65
KYD5.54
Monthly public transit pass $42.87
€39.27
$29.82
KYD24.84
New Volkswagen Golf 1.4 (standard edition) $35,759.38
€32,757.20
$38,771.25
KYD32,289.08

Improve prices ·

pay 2.5 times more for housing

 
Madrid
George Town
Internet connection
50 mbps or faster, cable/dsl
$31.85
€29.17
$111.36
KYD92.74
1-Bedroom apartment in downtown area $1,468.90
€1,345.58
$2,931.28
KYD2,441.20
1-Bedroom apartment outside city center $1,074.71
€984.48
$2,539.30
KYD2,114.76

Improve prices ·

pay 2.7 times more for childcare

 
Madrid
George Town
Private preschool for 1 child, monthly $567.57
€519.92
$1,601.98
KYD1,334.14
Middle school for 1 child, two semesters $10,069.47
€9,224.09
$25,183.42
KYD20,973.00

Improve prices ·

pay 2.1 times more for entertainment and sports

 
Madrid
George Town
Domestic/local beer (1 pint) $3.75
€3.44
$7.75
KYD6.46
Cappuccino in mid-range area $2.59
€2.37
$6.63
KYD5.52
Pack of cigarettes
Marlboro or similar
$6.43
€5.89
$13.12
KYD10.93

Improve prices ·

pay 34.6% more for clothing

 
Madrid
George Town
Regular jeans
Levi's brand
$90.50
€82.90
$89.47
KYD74.51
Regular dress
from H&M or similar store
$37.21
€34.09
$70.09
KYD58.37
Running shoes
Nike or Adidas
$97.88
€89.66
$128.24
KYD106.80

Improve prices ·
The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2025
Share this

Compare countries by overall cost of living

See the cost of living in Spain vs. Cayman Islands. This provides a comparison of the average cost of living from cities within Spain and Cayman Islands.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about George Town or Madrid. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.