Cost of living in Madrid (Spain) is 38% more expensive than in Georgetown (Guyana)
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This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,660 prices entered by 198 different people.
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| Food | + 14% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 14% more expensive than in Georgetown (Guyana) | ||||
| Update prices | Update prices | |||
| Madrid | Georgetown | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | €17 (3,854 G$) | 1,309 G$ | + 194% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €9 (1,962 G$) | 1,380 G$ | + 42% | |
| 500 gr (1 lb.) of boneless chicken breast | €4.10 (904 G$) | 655 G$ | + 38% | |
| 1 liter (1 qt.) of whole fat milk | €1.06 (233 G$) | 542 G$ | - 57% | |
| 12 eggs, large | €3.05 (673 G$) | 819 G$ | - 18% | |
| 1 kg (2 lb.) of tomatoes | €2.41 (531 G$) | 437 G$ | + 21% | |
| 500 gr (16 oz.) of local cheese | €7 (1,605 G$) | 950 G$ | + 69% | |
| 1 kg (2 lb.) of apples | €2.16 (476 G$) | 1,122 G$ | - 58% | |
| 1 kg (2 lb.) of potatoes | €1.30 (286 G$) | 275 G$ | + 4% | |
| 0.5 l (16 oz) domestic beer in the supermarket | €1.11 (245 G$) | 344 G$ | - 29% | |
| 1 bottle of red table wine, good quality | €7 (1,459 G$) | 3,161 G$ | - 54% | |
| 2 liters of coca-cola | €2.03 (447 G$) | 490 G$ | - 9% | |
| Bread for 2 people for 1 day | €0.89 (197 G$) | 295 G$ | - 33% | |
| Housing | + 62% | |||
| Housing in Madrid (Spain) is 62% more expensive than in Georgetown (Guyana) | ||||
| Update prices | Update prices | |||
| Madrid | Georgetown | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,621 (357,306 G$) | 202,476 G$ | + 76% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,079 (237,929 G$) | 93,190 G$ | + 155% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €118 (25,982 G$) | 15,615 G$ | + 66% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,110 (244,665 G$) | 97,324 G$ | + 151% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €769 (169,598 G$) | 56,850 G$ | + 198% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €89 (19,653 G$) | 11,583 G$ | + 70% | |
| Internet 8 mbps (1 month) | €30 (6,684 G$) | 10,346 G$ | - 35% | |
| 40” flat screen tv | €383 (84,329 G$) | 110,045 G$ | - 23% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €98 (21,636 G$) | 28,321 G$ | - 24% | |
| Laundry detergent (3 l. ~ 100 oz.) | €8 (1,752 G$) | 2,243 G$ | - 22% | |
| Hourly rate for cleaning help | €12 (2,620 G$) | 1,479 G$ | + 77% | |
| Clothes | + 31% | |||
| Clothes in Madrid (Spain) is 31% more expensive than in Georgetown (Guyana) | ||||
| Update prices | Update prices | |||
| Madrid | Georgetown | Diff | ||
| 1 pair of jeans (levis 501 or similar) | €85 (18,739 G$) | 7,830 G$ | + 139% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €34 (7,592 G$) | 8,227 G$ | - 8% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €84 (18,611 G$) | 16,227 G$ | + 15% | |
| 1 pair of men’s leather business shoes | €115 (25,253 G$) | 14,013 G$ | + 80% | |
| Transportation | + 38% | |||
| Transportation in Madrid (Spain) is 38% more expensive than in Georgetown (Guyana) | ||||
| Update prices | Update prices | |||
| Madrid | Georgetown | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €26,528 (5,847,143 G$) | 3,051,800 G$ | + 92% | |
| 1 liter (1/4 gallon) of gas | €1.70 (375 G$) | 240 G$ | + 56% | |
| Monthly ticket public transport | €40 (8,904 G$) | 7,463 G$ | + 19% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €25 (5,494 G$) | 4,165 G$ | + 32% | |
| Personal Care | - 1% | |||
| Personal Care in Madrid (Spain) is about the same as in Georgetown (Guyana) | ||||
| Update prices | Update prices | |||
| Madrid | Georgetown | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €6 (1,333 G$) | 2,045 G$ | - 35% | |
| 1 box of antibiotics (12 doses) | €7 (1,578 G$) | 2,628 G$ | - 40% | |
| Short visit to private doctor (15 minutes) | €60 (13,325 G$) | 4,132 G$ | + 222% | |
| 1 box of 32 tampons (tampax, ob, ...) | €4.33 (954 G$) | 1,289 G$ | - 26% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.03 (667 G$) | 921 G$ | - 28% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.73 (822 G$) | 985 G$ | - 16% | |
| 4 rolls of toilet paper | €1.90 (420 G$) | 531 G$ | - 21% | |
| Tube of toothpaste | €1.99 (439 G$) | 513 G$ | - 14% | |
| Standard men's haircut in expat area of the city | €19 (4,143 G$) | 1,651 G$ | + 151% | |
| Entertainment | + 67% | |||
| Entertainment in Madrid (Spain) is 67% more expensive than in Georgetown (Guyana) | ||||
| Update prices | Update prices | |||
| Madrid | Georgetown | Diff | ||
| Basic dinner out for two in neighborhood pub | €38 (8,348 G$) | 4,215 G$ | + 98% | |
| 2 tickets to the movies | €17 (3,853 G$) | 2,582 G$ | + 49% | |
| 2 tickets to the theater (best available seats) | €57 (12,493 G$) | 7,111 G$ | + 76% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €55 (12,214 G$) | 12,579 G$ | - 3% | |
| 1 cocktail drink in downtown club | €13 (2,924 G$) | 1,739 G$ | + 68% | |
| Cappuccino in expat area of the city | €2.82 (621 G$) | 811 G$ | - 23% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.88 (1,075 G$) | 444 G$ | + 142% | |
| Ipad wi-fi 128gb | €657 (144,829 G$) | 15,000 G$ | + 866% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.13 (29 G$) | 25 G$ | + 17% | |
| 1 month of gym membership in business district | €54 (11,954 G$) | 6,357 G$ | + 88% | |
| 1 package of marlboro cigarettes | €5.41 (1,193 G$) | 582 G$ | + 105% | |
 |
TOTAL | + 38% | ||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 1,660 prices entered by 198 different people.
These prices were last updated on October 03, 2023.
Exchange rate:
220.415
GYD
/
EUR
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For example, you would need at least 912,324 G$ (€4,139) in Madrid to maintain the same standard of living that you can have with 660,000 G$ in Georgetown.
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