Published: Monday, 21th October 2024
The cost of living in Madagascar is 4.26 times less expensive as compared to Grenada.
On this page, you will find side-by-side cost comparison between Madagascar and Grenada. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Madagascar and Grenada.
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Indicators | Madagascar | Grenada |
---|---|---|
1 BHK Apartment in City Center | 350,000 MGA (80.50 USD) | 1,000 XCD (370.40 USD) |
2 BHK Apartment in City Center | 500,000 MGA (115 USD) | 1,500 XCD (555.60 USD) |
3 BHK Apartment in City Center | 750,000 MGA (172.50 USD) | 2,000 XCD (740.80 USD) |
1 BHK Apartment outside City Center | 150,000 MGA (34.50 USD) | 600 XCD (222.24 USD) |
2 BHK Apartment outside City Center | 250,000 MGA (57.50 USD) | 1,000 XCD (370.40 USD) |
3 BHK Apartment outside City Center | 400,000 MGA (92 USD) | 1,500 XCD (555.60 USD) |
Mortgage Rates Per Month | 2 % | 6 % |
Realtor Commission | 3 % | 3 % |
Property Taxes | Yet to Update | 0.2 to 0.8 % |
The average housing cost in Madagascar is 4.95 times less expensive than Grenada.
Indicators | Madagascar | Grenada |
---|---|---|
Basic Home Furnishing | 2,000,000 MGA (460 USD) | 1,500 XCD (555.60 USD) |
Electricity Cost Per Month | 50,000 MGA (11.50 USD) | 150 XCD (55.56 USD) |
Heating Cost Per Month | 25,000 MGA (5.75 USD) | 100 XCD (37.04 USD) |
Cooling Cost Per Month | 20,000 MGA (4.60 USD) | 80 XCD (29.63 USD) |
Water Supply Cost Per Month | 20,000 MGA (4.60 USD) | 50 XCD (18.52 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 30.14% less for Utilities.
The basic home furnishing in Madagascar costs 1.21 times less compared to Grenada.
Indicators | Madagascar | Grenada |
---|---|---|
Standard Wifi Cost Per Month | 30,000 MGA (6.90 USD) | 50 XCD (18.52 USD) |
Mobile Phone Basic Plan Cost Per Month | 20,000 MGA (4.60 USD) | 25 XCD (9.26 USD) |
Landline Basic Plan Cost Per Month | 15,000 MGA (3.45 USD) | 20 XCD (7.41 USD) |
Cable TV Basic Plan Cost Per Month | 25,000 MGA (5.75 USD) | 40 XCD (14.82 USD) |
The internet and communication costs 58.60% less in Madagascar compared to Grenada.
Indicators | Madagascar | Grenada |
---|---|---|
Long Grain Rice (1 KG) | 5,000 MGA (1.15 USD) | 10 XCD (3.70 USD) |
Milk (1 Liter) | 2,500 MGA (0.58 USD) | 8 XCD (2.96 USD) |
Water (1 Liter) | 1,500 MGA (0.35 USD) | 2 XCD (0.74 USD) |
Bread (500 gm) | 2,000 MGA (0.46 USD) | 5 XCD (1.85 USD) |
Eggs (1 Dozen) | 4,000 MGA (0.92 USD) | 12 XCD (4.44 USD) |
Cheese (1 KG) | 20,000 MGA (4.60 USD) | 25 XCD (9.26 USD) |
Chicken Breast (1 KG) | 12,000 MGA (2.76 USD) | 15 XCD (5.56 USD) |
In Madagascar, the cost of 1 Liter Water and 1 Liter Milk is 4.03 times less expensive than the cost in Grenada.
If you lived in Madagascar, instead of Grenada, you would have to pay 62.10% less for Groceries.
Indicators | Madagascar | Grenada |
---|---|---|
Apples (1 KG) | 5,000 MGA (1.15 USD) | 12 XCD (4.44 USD) |
Bananas (1 KG) | 3,000 MGA (0.69 USD) | 6 XCD (2.22 USD) |
Oranges (1 KG) | 4,000 MGA (0.92 USD) | 8 XCD (2.96 USD) |
Tomatoes (1 KG) | 3,500 MGA (0.81 USD) | 7 XCD (2.59 USD) |
Potatoes (1 KG) | 3,000 MGA (0.69 USD) | 6 XCD (2.22 USD) |
Lemons (1 KG) | 5,000 MGA (1.15 USD) | 10 XCD (3.70 USD) |
Onions (1 KG) | 4,000 MGA (0.92 USD) | 8 XCD (2.96 USD) |
Lentils (1 KG) | 5,000 MGA (1.15 USD) | 12 XCD (4.44 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 3.42 times less for Fruits and Vegetables.
Indicators | Madagascar | Grenada |
---|---|---|
Meal at a Resonable Restaurant | 20,000 MGA (4.60 USD) | 20 XCD (7.41 USD) |
Three-Course Meal for Two | 70,000 MGA (16.10 USD) | 50 XCD (18.52 USD) |
Fast Food Combo Meal | 12,000 MGA (2.76 USD) | 12 XCD (4.44 USD) |
Normal Coffee | 3,000 MGA (0.69 USD) | 4 XCD (1.48 USD) |
Soft Drink | 2,500 MGA (0.58 USD) | 3 XCD (1.11 USD) |
Pizza for One | 20,000 MGA (4.60 USD) | 20 XCD (7.41 USD) |
Take-Out Delivery Meal | 25,000 MGA (5.75 USD) | 15 XCD (5.56 USD) |
Cigarette Pack of 20 | 12,000 MGA (2.76 USD) | 20 XCD (7.41 USD) |
Dining-Out costs 29.07% less in Madagascar compared to Grenada.
Indicators | Madagascar | Grenada |
---|---|---|
Wine Mid-Range Bottle | 25,000 MGA (5.75 USD) | 40 XCD (14.82 USD) |
Glass of Wine | 7,000 MGA (1.61 USD) | 12 XCD (4.44 USD) |
Domestic Beer Half Liter | 3,500 MGA (0.81 USD) | 8 XCD (2.96 USD) |
Imported Beer Half Liter | 5,000 MGA (1.15 USD) | 10 XCD (3.70 USD) |
Domestic Alcohol 1 Liter | 40,000 MGA (9.20 USD) | 25 XCD (9.26 USD) |
Branded Alcohol 1 Liter | 60,000 MGA (13.80 USD) | 35 XCD (12.96 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 1.49 times less for usual hard drinks.
Indicators | Madagascar | Grenada |
---|---|---|
Monthly Public Transportation Pass | 50,000 MGA (11.50 USD) | 60 XCD (22.22 USD) |
Single Public Transportation Ticket | 1,000 MGA (0.23 USD) | 5 XCD (1.85 USD) |
Single Train Ticket | 30,000 MGA (6.90 USD) | Yet to Update () |
Domestic Airplane Ticket | 150,000 MGA (34.50 USD) | 200 XCD (74.08 USD) |
Taxi Start Fare | 3,000 MGA (0.69 USD) | 10 XCD (3.70 USD) |
Taxi Rate Per Kilometer | 2,000 MGA (0.46 USD) | 3 XCD (1.11 USD) |
Car Rental Per Day | 80,000 MGA (18.40 USD) | 60 XCD (22.22 USD) |
Parking Fees in City Center Per Hour | 2,000 MGA (0.46 USD) | 5 XCD (1.85 USD) |
Parking Fees outside City Center Per Hour | 1,000 MGA (0.23 USD) | 3 XCD (1.11 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 1.75 times less for transportation.
Indicators | Madagascar | Grenada |
---|---|---|
Reasonable Vehicle Purchase Cost | 20,000,000 MGA (4,600 USD) | 30,000 XCD (11,112 USD) |
Vehicle Registration Cost | 300,000 MGA (69 USD) | 150 XCD (55.56 USD) |
Driving License Fees | 70,000 MGA (16.10 USD) | 75 XCD (27.78 USD) |
Car Insurance Cost | 500,000 MGA (115 USD) | 1,000 XCD (370.40 USD) |
Car Maintenance Cost | 200,000 MGA (46 USD) | 200 XCD (74.08 USD) |
Car Loan Interest Rates | 12 % | 7 % |
Fuel Per Liter | 3,500 MGA (0.81 USD) | 8 XCD (2.96 USD) |
Fuel Per Gallon | 13,000 MGA (2.99 USD) | 30 XCD (11.11 USD) |
Average Toll Fees | Yet to Update | 10 XCD 3.70 USD |
You would have to pay 2.40 times less for Vehicle purchase, daily operation and maintenance in Madagascar compared to that of Grenada.
Indicators | Madagascar | Grenada |
---|---|---|
Doctor Visit | 40,000 MGA (9.20 USD) | 100 XCD (37.04 USD) |
Specialist Visit | 80,000 MGA (18.40 USD) | 150 XCD (55.56 USD) |
Dentist Visit | 60,000 MGA (13.80 USD) | 75 XCD (27.78 USD) |
Eye Exam | 30,000 MGA (6.90 USD) | 60 XCD (22.22 USD) |
Mental Health Counseling | 60,000 MGA (13.80 USD) | 100 XCD (37.04 USD) |
Preventive Health Screening | 40,000 MGA (9.20 USD) | 50 XCD (18.52 USD) |
Physical Therapy | 50,000 MGA (11.50 USD) | 75 XCD (27.78 USD) |
Emergency Room Visit | 150,000 MGA (34.50 USD) | 200 XCD (74.08 USD) |
Hospital Stay Per Night | 200,000 MGA (46 USD) | 300 XCD (111.12 USD) |
Vaccinations | 30,000 MGA (6.90 USD) | 40 XCD (14.82 USD) |
Prescription Medication | 15,000 MGA (3.45 USD) | 30 XCD (11.11 USD) |
Over the Counter Medication | 10,000 MGA (2.30 USD) | 20 XCD (7.41 USD) |
Health Insurance Premiums | 100,000 MGA (23 USD) | 300 XCD (111.12 USD) |
Health Insurance Deductibles | 30,000 MGA (6.90 USD) | 100 XCD (37.04 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 2.88 times less for Health and Medical Treatment.
Indicators | Madagascar | Grenada |
---|---|---|
Cosmetic Procedures | 800,000 MGA (184 USD) | 150 XCD (55.56 USD) |
Spa Treatment | 70,000 MGA (16.10 USD) | 100 XCD (37.04 USD) |
Manicure Pedicure Cost | 40,000 MGA (9.20 USD) | 40 XCD (14.82 USD) |
Optical Glasses Cost | 150,000 MGA (34.50 USD) | 150 XCD (55.56 USD) |
Contact Lenses Cost | 100,000 MGA (23 USD) | 80 XCD (29.63 USD) |
Haircuts | 20,000 MGA (4.60 USD) | 20 XCD (7.41 USD) |
Hair Coloring | 40,000 MGA (9.20 USD) | 50 XCD (18.52 USD) |
Shampoo Price | 4,000 MGA (0.92 USD) | 8 XCD (2.96 USD) |
Toothpaste Price | 2,000 MGA (0.46 USD) | 4 XCD (1.48 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 1.26 times more for Personal Care Items and Treatment.
Indicators | Madagascar | Grenada |
---|---|---|
Pair of Nike Running Shoes | 120,000 MGA (27.60 USD) | 120 XCD (44.45 USD) |
Men's Shirt | 60,000 MGA (13.80 USD) | 60 XCD (22.22 USD) |
Women's Dress | 100,000 MGA (23 USD) | 80 XCD (29.63 USD) |
Summer Dress | 70,000 MGA (16.10 USD) | 60 XCD (22.22 USD) |
Men's Suit | 300,000 MGA (69 USD) | 200 XCD (74.08 USD) |
Men's Jeans | 80,000 MGA (18.40 USD) | 80 XCD (29.63 USD) |
Women's Jeans | 70,000 MGA (16.10 USD) | 60 XCD (22.22 USD) |
Men's Formal Shoes | 120,000 MGA (27.60 USD) | 100 XCD (37.04 USD) |
Women's Formal Shoes | 100,000 MGA (23 USD) | 80 XCD (29.63 USD) |
Men's Casual Shoes | 90,000 MGA (20.70 USD) | 60 XCD (22.22 USD) |
Women's Casual Shoes | 80,000 MGA (18.40 USD) | 50 XCD (18.52 USD) |
Underwear For Men | 20,000 MGA (4.60 USD) | 20 XCD (7.41 USD) |
Underwear For Women | 25,000 MGA (5.75 USD) | 25 XCD (9.26 USD) |
Socks For Men | 8,000 MGA (1.84 USD) | 10 XCD (3.70 USD) |
Socks For Women | 8,000 MGA (1.84 USD) | 12 XCD (4.44 USD) |
Wintercoat for Adults | 150,000 MGA (34.50 USD) | 120 XCD (44.45 USD) |
Sportswear | 80,000 MGA (18.40 USD) | 60 XCD (22.22 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 1.30 times less for Clothing and Footwear for Adults.
Indicators | Madagascar | Grenada |
---|---|---|
Children's Jeans | 40,000 MGA (9.20 USD) | 40 XCD (14.82 USD) |
Children's Normal Sneakers | 50,000 MGA (11.50 USD) | 50 XCD (18.52 USD) |
Children's Winter Coat | 80,000 MGA (18.40 USD) | 70 XCD (25.93 USD) |
Daycare for Infant | 100,000 MGA (23 USD) | 1,500 XCD (555.60 USD) |
Daycare for Toddler | 90,000 MGA (20.70 USD) | 1,200 XCD (444.48 USD) |
Childcare for Sick Days | 40,000 MGA (9.20 USD) | 70 XCD (25.93 USD) |
Early Childhood Education Programs | 80,000 MGA (18.40 USD) | 1,200 XCD (444.48 USD) |
Extra Curricular Activities | 50,000 MGA (11.50 USD) | 300 XCD (111.12 USD) |
Summer Camp for Kids | 150,000 MGA (34.50 USD) | 700 XCD (259.28 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 12.15 times less for Childcare and kids clothing.
Indicators | Madagascar | Grenada |
---|---|---|
PreSchool Fees | 120,000 MGA (27.60 USD) | 1,000 XCD (370.40 USD) |
Primary School Fees | 300,000 MGA (69 USD) | 2,000 XCD (740.80 USD) |
Secondary School Fees | 400,000 MGA (92 USD) | 3,000 XCD (1,111.20 USD) |
Private School Fees | 800,000 MGA (184 USD) | 6,000 XCD (2,222.40 USD) |
University Tuition Fees | 1,500,000 MGA (345 USD) | 12,000 XCD (4,444.80 USD) |
University Private Tuition Fees | 2,000,000 MGA (460 USD) | 18,000 XCD (6,667.20 USD) |
After School Activities | 50,000 MGA (11.50 USD) | 300 XCD (111.12 USD) |
Special Education Services | 100,000 MGA (23 USD) | 600 XCD (222.24 USD) |
Tutoring | 40,000 MGA (9.20 USD) | 60 XCD (22.22 USD) |
Textbooks Cost | 50,000 MGA (11.50 USD) | 60 XCD (22.22 USD) |
School Supplies | 30,000 MGA (6.90 USD) | 40 XCD (14.82 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 12.87 times less for school and education.
Indicators | Madagascar | Grenada |
---|---|---|
Movie Ticket (Single) | 8,000 MGA (1.84 USD) | 20 XCD (7.41 USD) |
Theater Ticket (Single) | 15,000 MGA (3.45 USD) | 30 XCD (11.11 USD) |
Concert Ticket (Single) | 20,000 MGA (4.60 USD) | 40 XCD (14.82 USD) |
Sports Event Ticket (Single) | 30,000 MGA (6.90 USD) | 30 XCD (11.11 USD) |
Gym Membership | 50,000 MGA (11.50 USD) | 60 XCD (22.22 USD) |
Swimming Pool Access | 20,000 MGA (4.60 USD) | 20 XCD (7.41 USD) |
Museum Entry Ticket | 4,000 MGA (0.92 USD) | 15 XCD (5.56 USD) |
Zoo Entry Ticket | 5,000 MGA (1.15 USD) | 20 XCD (7.41 USD) |
Amusement Park Entry Ticket | 15,000 MGA (3.45 USD) | 30 XCD (11.11 USD) |
Bowling | 20,000 MGA (4.60 USD) | 15 XCD (5.56 USD) |
Mini Golf | 15,000 MGA (3.45 USD) | 15 XCD (5.56 USD) |
Video Games | 80,000 MGA (18.40 USD) | 80 XCD (29.63 USD) |
Streaming Services | 20,000 MGA (4.60 USD) | 50 XCD (18.52 USD) |
Outdoor Equipment Rental | 15,000 MGA (3.45 USD) | 30 XCD (11.11 USD) |
Theme Park Annual Pass | 200,000 MGA (46 USD) | 600 XCD (222.24 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 3.29 times less for entertainment, recreation and fun activities.
Indicators | Madagascar | Grenada |
---|---|---|
Language Classes | 40,000 MGA (9.20 USD) | 250 XCD (92.60 USD) |
Parenting Classes | 30,000 MGA (6.90 USD) | 120 XCD (44.45 USD) |
Art Classes | 50,000 MGA (11.50 USD) | 40 XCD (14.82 USD) |
Fitness Classes | 30,000 MGA (6.90 USD) | 20 XCD (7.41 USD) |
Music Lessons | 40,000 MGA (9.20 USD) | 50 XCD (18.52 USD) |
Dance Lessons | 30,000 MGA (6.90 USD) | 50 XCD (18.52 USD) |
Reading Materials for Classes | 7,000 MGA (1.61 USD) | 20 XCD (7.41 USD) |
Educational Software | 60,000 MGA (13.80 USD) | 200 XCD (74.08 USD) |
If you lived in Madagascar, instead of Grenada, you would have to pay 4.21 times less for Private Classes.
Indicators | Madagascar | Grenada |
---|---|---|
Average Gross Monthly Salary | 1,000,000 MGA (230 USD) | 3,000 XCD (1,111.20 USD) |
Average Net Monthly Salary | 800,000 MGA (184 USD) | 2,200 XCD (814.88 USD) |
Minimum Wages | 13,333.33 MGA per hour (3.07 USD) | 50 XCD per hour (18.52 USD) |
Average Bonus | 150,000 MGA (34.50 USD) | 1,200 XCD (444.48 USD) |
Income Tax Rate | 0 to 20 % | 0 to 15 % |
Social Security Contributions | 5 % | 12 % |
Pension Contributions | 7 % | 8 % |
Cost of Living Index | 50 | 70 |
Median Household Income | 1,200,000 MGA (276 USD) | 4,000 XCD (1,481.60 USD) |
If you lived in Madagascar, you would earn 5.32 times less salary as compared to Grenada.
Indicators | Madagascar | Grenada |
---|---|---|
Legal Consultation Per Hour Rate | 50,000 MGA (11.50 USD) | 120 XCD (44.45 USD) |
Accounting Services Per Hour Rate | 60,000 MGA (13.80 USD) | 100 XCD (37.04 USD) |
IT Support Services Per Hour Rate | 40,000 MGA (9.20 USD) | 80 XCD (29.63 USD) |
Technician Services Per Hour Rate | 45,000 MGA (10.35 USD) | 60 XCD (22.22 USD) |
Professional Services cost 2.97 times less in Madagascar, as compared to Grenada.
We hope you enjoyed the detailed guide on the cost of living comparsion between Madagascar and Grenada.
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