Cost of living in Madrid, Spain vs Wa, Ghana
Currency:
| Food | + 50% | |||
|---|---|---|---|---|
| Food in Madrid (Spain) is 50% more expensive than in Wa (Ghana) | ||||
| Basic lunchtime menu (including a drink) in the business district | €14 (GH₵99) | GH₵9 | + 1003% | |
| Combo meal in fast food restaurant (big mac meal or similar) | €8 (GH₵55) | - | - | |
| 500 gr (1 lb.) of boneless chicken breast | €3.38 (GH₵23) | - | - | |
| 1 liter (1 qt.) of whole fat milk | €0.78 (GH₵5.41) | - | - | |
| 12 eggs, large | €2.25 (GH₵16) | - | - | |
| 1 kg (2 lb.) of tomatoes | €1.50 (GH₵10) | - | - | |
| 500 gr (16 oz.) of local cheese | €5.62 (GH₵39) | - | - | |
| 1 kg (2 lb.) of apples | €1.67 (GH₵12) | - | - | |
| 1 kg (2 lb.) of potatoes | €1.26 (GH₵9) | - | - | |
| 0.5 l (16 oz) domestic beer in the supermarket | €0.87 (GH₵6) | - | - | |
| 1 bottle of red table wine, good quality | €7 (GH₵50) | - | - | |
| 2 liters of coca-cola | €1.57 (GH₵11) | - | - | |
| Bread for 2 people for 1 day | €0.72 (GH₵5.00) | - | - | |
| Housing | ||||
| Housing in Madrid (Spain) is about the same as in Wa (Ghana) | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,416 (GH₵9,804) | - | - | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,004 (GH₵6,956) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €128 (GH₵884) | - | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €992 (GH₵6,872) | - | - | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €698 (GH₵4,836) | - | - | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €87 (GH₵603) | - | - | |
| Internet 8 mbps (1 month) | €31 (GH₵213) | - | - | |
| 40” flat screen tv | €346 (GH₵2,398) | - | - | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €95 (GH₵656) | - | - | |
| Laundry detergent (3 l. ~ 100 oz.) | €8 (GH₵53) | - | - | |
| Hourly rate for cleaning help | €10 (GH₵69) | - | - | |
| Clothes | ||||
| Clothes in Madrid (Spain) is about the same as in Wa (Ghana) | ||||
| 1 pair of jeans (levis 501 or similar) | €75 (GH₵517) | - | - | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | €31 (GH₵212) | - | - | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | €75 (GH₵522) | - | - | |
| 1 pair of men’s leather business shoes | €88 (GH₵608) | - | - | |
| Transportation | ||||
| Transportation in Madrid (Spain) is about the same as in Wa (Ghana) | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €24,570 (GH₵170,171) | - | - | |
| 1 liter (1/4 gallon) of gas | €1.31 (GH₵9) | - | - | |
| Monthly ticket public transport | €56 (GH₵386) | - | - | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €15 (GH₵105) | - | - | |
| Personal Care | ||||
| Personal Care in Madrid (Spain) is about the same as in Wa (Ghana) | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €6 (GH₵43) | - | - | |
| 1 box of antibiotics (12 doses) | €7 (GH₵50) | - | - | |
| Short visit to private doctor (15 minutes) | €53 (GH₵370) | - | - | |
| 1 box of 32 tampons (tampax, ob, ...) | €4.00 (GH₵28) | - | - | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | €2.54 (GH₵18) | - | - | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €3.39 (GH₵23) | - | - | |
| 4 rolls of toilet paper | €1.29 (GH₵9) | - | - | |
| Tube of toothpaste | €1.81 (GH₵13) | - | - | |
| Standard men's haircut in expat area of the city | €15 (GH₵106) | - | - | |
| Entertainment | ||||
| Entertainment in Madrid (Spain) is about the same as in Wa (Ghana) | ||||
| Basic dinner out for two in neighborhood pub | €29 (GH₵199) | - | - | |
| 2 tickets to the movies | €17 (GH₵118) | - | - | |
| 2 tickets to the theater (best available seats) | €44 (GH₵307) | - | - | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €46 (GH₵318) | - | - | |
| 1 cocktail drink in downtown club | €11 (GH₵77) | - | - | |
| Cappuccino in expat area of the city | €3.20 (GH₵22) | - | - | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | €4.27 (GH₵30) | - | - | |
| Ipad wi-fi 128gb | €534 (GH₵3,696) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | €0.28 (GH₵1.96) | - | - | |
| 1 month of gym membership in business district | €50 (GH₵349) | - | - | |
| 1 package of marlboro cigarettes | €5.03 (GH₵35) | - | - | |
| TOTAL | + 50% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 2,166 prices entered by 370 different people.
These prices were last updated on April 17, 2021.
Exchange rate:
6.926
GHS
/
EUR
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Cost of living in Madrid (Spain) is 50% more expensive than in Wa (Ghana)
For example, you would need at least GH₵48,001 (€6,931) in Madrid to maintain the same standard of living that you can have with GH₵32,000 in Wa.
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