Cost of living comparison
Ghana is 49.9% cheaper than Madrid.
- Restaurants
-
pay 72.7% less in Ghana
- Groceries
-
pay 10.1% less in Ghana
- Transportation
-
pay 45.4% less in Ghana
- Housing
-
pay 46.0% less in Ghana
- Childcare
-
pay 62.4% less in Ghana
- Entertainment and Sports
-
pay 45.8% less in Ghana
- Clothing
-
pay 66.9% less in Ghana
Expenses including restaurants, clothing, childcare, housing, entertainment and sports, and transportation are lower in Ghana.
If you lived in Ghana instead of Madrid, you would:
pay 72.7% less for restaurants
|
Madrid
|
Ghana
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$16.08
€14.14
|
$3.70
GHS57.10
|
|
|
Fast food combo meal
McDonalds, or similar
|
$10.72
€9.42
|
$5.51
GHS85.07
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$2.79
€2.45
|
$0.59
GHS9.18
|
|
| Bottle of water (11 fl. oz) |
$1.80
€1.59
|
$0.25
GHS3.80
|
|
pay 10.1% less for groceries
|
Madrid
|
Ghana
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.50
€1.32
|
$1.52
GHS23.49
|
|
| Local cheese (8 oz) |
$6.92
€6.09
|
$3.18
GHS49.06
|
|
| Milk (1 gallon) |
$4.41
€3.88
|
$8.96
GHS138.38
|
|
|
Eggs
1 dozen
|
$3.05
€2.68
|
$2.21
GHS34.05
|
|
| Boneless chicken breast (1 lb) |
$3.78
€3.33
|
$2.08
GHS32.11
|
|
| Apples (1 lb) |
$1.13
€0.99
|
$1.01
GHS15.62
|
|
| Bananas (1 lb) |
$0.87
€0.77
|
$0.48
GHS7.47
|
|
| Oranges (1 lb) |
$1.01
€0.88
|
$0.59
GHS9.18
|
|
| Tomatoes (1 lb) |
$1.05
€0.92
|
$1.04
GHS16.07
|
|
| Potatoes (1 lb) |
$0.83
€0.73
|
$0.98
GHS15.12
|
|
| Onions (1 lb) |
$0.82
€0.72
|
$0.73
GHS11.31
|
|
pay 45.4% less for transportation
|
Madrid
|
Ghana
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$6.79
€5.97
|
$4.23
GHS65.35
|
|
| Monthly public transit pass |
$42.87
€37.70
|
$26.38
GHS407.38
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$35,759.38
€31,443.97
|
$8,000.00
GHS123,533.34
|
|
| Taxi trip in downtown area (5 miles) |
$14.90
€13.10
|
$10.74
GHS165.82
|
|
pay 46.0% less for housing
|
Madrid
|
Ghana
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$31.85
€28.00
|
$43.21
GHS667.25
|
|
| 1-Bedroom apartment in downtown area |
$1,468.90
€1,291.63
|
$627.15
GHS9,684.20
|
|
| 1-Bedroom apartment outside city center |
$1,074.71
€945.02
|
$112.15
GHS1,731.82
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$130.03
€114.34
|
$35.41
GHS546.83
|
|
pay 62.4% less for childcare
|
Madrid
|
Ghana
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$567.57
€499.07
|
$57.02
GHS880.41
|
|
| Middle school for 1 child, two semesters |
$10,069.47
€8,854.30
|
$6,571.37
GHS101,472.86
|
|
pay 45.8% less for entertainment and sports
|
Madrid
|
Ghana
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.75
€3.30
|
$0.95
GHS14.63
|
|
| Cappuccino in mid-range area |
$2.59
€2.27
|
$1.69
GHS26.03
|
|
|
Pack of cigarettes
Marlboro or similar
|
$6.43
€5.65
|
$1.20
GHS18.48
|
|
| Monthly membership at local gym |
$43.11
€37.91
|
$32.36
GHS499.63
|
|
| Movie ticket to theater/cinema |
$10.72
€9.42
|
$9.33
GHS144.09
|
|
pay 66.9% less for clothing
|
Madrid
|
Ghana
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$90.50
€79.58
|
$14.87
GHS229.69
|
|
|
Regular dress
from H&M or similar store
|
$37.21
€32.72
|
$20.10
GHS310.41
|
|
|
Running shoes
Nike or Adidas
|
$97.88
€86.07
|
$32.71
GHS505.06
|
|
| Men's business shoes (leather) |
$121.40
€106.75
|
$34.57
GHS533.75
|
|
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