Cost of living and prices in Canary Islands, prices of food, rent, shopping, etc. 🇪🇸
Updated Jul 2023

Discover the cost of living in the beautiful city of Canary Islands, Spain. This city is located in Southern Europe, with coordinates at 28.29156 latitude and -16.62913 longitude. And, you can enjoy the city situated at an elevation of 10 meters above the sea level.

Canary Islands operates in the Europe/Madrid time zone, GMT: 1.0, which means you get to experience a great European lifestyle here. The city has a moderate cost of living, with affordable accommodation options and delicious food available at reasonable prices. You will surely enjoy living in this beautiful city while exploring its vibrant culture and picturesque surroundings.

Canary Islands is surrounded by stunning beaches, crystal clear waters, and amazing landscapes. Whether you are looking for adventure sports or relaxation, you will find everything in this city. This makes it an ideal location for tourists and expats alike who are looking for an affordable yet fulfilling lifestyle.

With its unique charm, moderate cost of living, and stunning surroundings, Canary Islands is the perfect destination for those looking for a coastal paradise while keeping their budgets in check.

Cost of Living Estimate in Canary Islands

Total cost of living in Canary Islands for two person with average consumption for one month will be 1079.03 USD, no rent price included. Click here to calculate cost-of-living estimate in Canary Islands

You can calculate cost of living in Canary Islands by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

The Canary Islands off the coast of Spain boast a diverse selection of restaurants and eating options that cater to a wide range of tastes. The islands are known for their fresh seafood, Canary Island tomatoes, locally-grown bananas, and homemade cheeses. As a result, visitors can expect to find a variety of traditional Spanish and island-inspired dishes at many of the restaurants throughout the Canary Islands. From small, family-owned establishments to upscale eateries, there's no shortage of dining options. Many of these restaurants also offer outdoor seating so that guests can enjoy their meals while taking in the breathtaking views of the ocean.

For those seeking to immerse themselves in local cuisine, there's no better way than to explore the street food scene in the Canary Islands. Food trucks and pop-up stalls can be found throughout the islands, serving up everything from savory empanadas to sweet churros. You'll find a mix of traditional Canary Island fare as well as international offerings, making it easy to satisfy all manner of cravings while on the go. Whether you're looking for a quick bite or a unique dining experience, the street food scene in the Canary Islands is a must-try for any foodie traveling to the region.

Meal in Inexpensive Restaurant
11.18 $
Meal for 2 People, Mid-range Restaurant, Three-course
60.65 $
McMeal at McDonalds or Alternative Combo Meal
9.10 $
Domestic Beer, 0.5 liter Draught
3.30 $
Imported Beer, 0.33 liter Bottle
4.62 $
Cappuccino
2.35 $
Coca-Cola, 0.33 liter Bottle
2.11 $

Markets prices

Market prices in the Canary Islands are reflective of the region's unique location and natural resources. As an archipelago off the coast of Africa, the Canary Islands have limited agricultural land and rely heavily on imports for certain goods. This, combined with the high demand from tourists, has led to a relatively high cost of living. However, there are still many affordable options available, especially when it comes to local produce and traditional cuisine.

When it comes to real estate, the market prices vary greatly depending on the island and the location. Some areas, such as the popular resort towns, have seen a rapid increase in property prices due to the high demand from both foreign investors and locals. However, there are still many areas where it is possible to find more affordable options, especially if you are willing to live outside of the main tourist hubs. Overall, market prices in the Canary Islands are constantly evolving, and research is key to finding the best deals.

Water, 0.33 liter Bottle
1.59 $
Milk, Regular,1 liter
0.91 $
Loaf of Fresh White Bread, 0.5 kg
1.58 $
White Rice, 1 kg
1.24 $
Eggs, 12 pack
2.78 $
Local Cheese, 1 kg
11.32 $
Chicken Breasts, Boneless and Skinless, 1 kg
7.28 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
13.34 $
Apples, 1 kg
2.30 $
Banana, 1 kg
1.49 $
Oranges, 1 kg
1.25 $
Tomato, 1 kg
1.46 $
Potato, 1 kg
1.30 $
Onion, 1 kg
1.33 $
Lettuce, 1 head
1.24 $
Water, 1.5 liter Bottle
0.78 $
Bottle of Wine, Mid-Range Price
4.85 $
Domestic Beer, 0.5 liter Bottle
1.03 $
Imported Beer, 0.33 liter Bottle
1.97 $
Pack of Cigarettes
4.85 $

Transportation prices

Traveling around the Canary Islands is an enjoyable experience due to the variety of transportation options. Bus services are available on all islands, providing access to various destinations. The local bus company operates on a regular schedule, and the buses are equipped with air conditioning and comfortable seats to ensure a comfortable ride. In addition, public transport services like taxis and rental cars are also available for visitors who prefer to take their transport. Taxis are available on all of the islands, and rental cars can also be booked in advance to ease mobility. As a result of these excellent options, visitors can easily explore the islands at their own pace and make the most out of their stay.

If you are visiting the Canary Islands, do not miss the opportunity to explore its stunning coastline through a ferry ride. By doing this, you can access its secluded beaches, vibrant coastal towns, and natural landscapes. Ferries offer a cost-effective means of transportation and operate regular schedules from most of the major ports. Traveling by ferry is also an excellent way to get a different perspective on the islands while enjoying some fresh air. Some of the ferries are equipped with a variety of amenities, including restaurants, bars, and entertainment facilities, making this experience an unforgettable one for everyone.

One-way Ticket, Local Transport
1.76 $
Monthly Pass, Regular Price
48.52 $
Taxi Start, Normal Tariff
3.52 $
Taxi, price for 1 km, Normal Tariff
2.24 $
Taxi, price for 1 hour Waiting, Normal Tariff
36.39 $
Gasoline, 1 liter
1.52 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
20,015.16 $

Utilities Per Month prices

Utilities cost in Canary Islands, Spain are generally on par with the rest of Spain and Europe. Electricity, gas, and water are the main utilities that tourists should be aware of. The cost of these utilities can vary depending on the size of your accommodation, usage, and location. The good news is that the cost of utilities in the Canary Islands is generally lower compared to other popular destinations in Europe.

If you are planning to travel to the Canary Islands, it is important to note that air conditioning is considered a luxury item and may incur additional costs. This is because electricity costs in Spain are relatively high compared to other European countries, and air conditioning uses a lot of energy. To save on utilities, tourists are advised to use energy-efficient appliances, turn off lights and electronics when not in use, and conserve water where possible. Overall, you can expect to pay a reasonable amount for utilities during your stay in the Canary Islands.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
130.40 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
72.78 $

Sports And Leisure prices

The Canary Islands, located off the coast of Spain, offer a range of sports and leisure activities for travelers. The islands are known for their warm climate year-round, making them a great destination for outdoor enthusiasts. Whether you're into hiking, surfing, or golfing, there's something for everyone. The beaches in the Canary Islands are also a popular spot for water sports, such as windsurfing and kiteboarding. And if you prefer to take things a bit slower, there are plenty of opportunities to relax on the beach or enjoy a round of golf with stunning views. Whatever your preference, the Canary Islands are a sports lover's paradise.

In addition to the sports offerings, the Canary Islands also offer a wealth of leisure activities. With their unique geographic location, the islands are a prime spot for stargazing and astronomy enthusiasts. The clear skies and lack of light pollution make it possible to see stars and constellations not visible in other parts of Europe. For those interested in history and culture, there are several museums and cultural centers that showcase the rich history of the islands. And of course, no trip to the Canary Islands would be complete without indulging in the local cuisine and relaxing in one of the many spas or wellness centers. Whether you're looking for adventure or relaxation, the Canary Islands have something for everyone to enjoy.

Fitness Club, Monthly Fee for 1 Adult
42.46 $
Tennis Court Rent, 1 Hour on Weekend
14.56 $

Salaries And Financing prices

When it comes to financing in the Canary Islands, Spain, it's important to note that the cost of living can vary depending on what island you're on. For example, Tenerife and Gran Canaria are known for being more developed and expensive compared to other islands in the archipelago. However, in general, the Canary Islands are an affordable destination for travelers looking to stretch their budget. Whether you're planning on dining out, exploring the local attractions, or spending a night out on the town, you'll find that prices are generally reasonable. Additionally, many hotels and apartment rentals offer competitive rates, which can help offset the cost of your trip.

If you're traveling to the Canary Islands for work or plan to stay for an extended period, it's worth noting that salaries can vary depending on the industry and location. For example, the tourism industry is a significant contributor to the local economy, and you'll find that many jobs in this sector offer competitive wages. In contrast, industries like agriculture and fishing may pay less. Additionally, salaries can also vary depending on which island you're on, with Tenerife and Gran Canaria generally offering higher wages. Despite this variation, the Canary Islands are known for being a great place to work and live, with many job opportunities available across a range of industries.

Cinema ticket, 1 Seat
9.70 $
Average Monthly Net Salary, After Tax
1,273.69 $

Childcare prices

Childcare prices in the Canary Islands, Spain can vary depending on the type of facility. For schools, the cost can be higher than that of Kindergartens due to the extended hours and educational curriculum provided. Many schools also offer extracurricular activities and specialized programs, such as language learning, which may add to the cost. Kindergartens typically provide care for shorter hours and focus on socialization and play. The cost of childcare in the Canary Islands can also vary depending on the location, as facilities in more urban areas may have higher prices than those in rural areas.

Overall, parents in the Canary Islands can expect to pay a significant amount for childcare. However, the quality of the facilities is generally high, and many offer bilingual programs and educational opportunities for young children. Additionally, the Spanish government provides subsidies for families with lower incomes, helping to ease the financial burden for those who need it most. Parents should carefully consider their options and budget when choosing a childcare facility, but can take comfort in knowing that their children will be in good hands in any quality facility they choose.

Private Preschool or Kindergarten, Monthly for 1 Child
394.24 $
International Primary School, Yearly for 1 Child
8,733.89 $

Clothing And Shoes prices

The Canary Islands is a beautiful archipelago of islands that has a lot to offer, including great shopping opportunities. Clothing and shoes prices in the Canary Islands are generally reasonable and affordable, with a wide variety of options for shoppers to choose from. The islands have a range of shopping options, from high-end boutiques to local markets, where you can find unique items at a fraction of the price.

If you're in the market for designer clothing and high-end fashion, you'll find plenty of luxury boutiques and shops in the more upscale areas of the islands. However, if you're looking for more affordable options, many shopping centers and retail outlets offer a wide selection of clothing and shoes for both men and women. Additionally, the local markets offer a unique shopping experience where you can find handmade items and authentic souvenirs to take back home with you. Whether you're looking to splurge on designer brands or find affordable, stylish clothing and shoes, the Canary Islands have something to offer for everyone.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
84.91 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
33.36 $
Pair of Running Shoes, Mid-Range Price
38.21 $
Pair of Leather Business Shoes
39.42 $

Rent Per Month prices

If you're looking for a short and sweet getaway, then the Canary Islands in Spain are just the place for you. With an array of options for short-term rental accommodations, you can choose from luxurious apartments with stunning views of Tenerife's coastline to charming cottages nestled in the mountains of Gran Canaria. Whatever your preference, the Canary Islands offer a unique and memorable experience that will leave you longing for more.

With an abundance of holiday rentals to choose from, you can easily find a stay that fits your budget. Whether you want to live like a local in a cozy apartment or indulge in a luxurious villa, there are plenty of options available. The best part is that you can tailor your stay to your liking by choosing the location, size, and amenities that suit your needs. Whether it's a weekend trip or a longer stay, the Canary Islands offer a variety of short rent and stay options that will make you feel at home away from home.

One bedroom apartment in city centre
788.48 $
One bedroom apartment outside of city centre
682.33 $
Three bedroom apartment in city centre
1,071.51 $
Three bedroom apartment outside of city centre
767.76 $

Buy Apartment prices

Canary Islands, Spain offers a diverse range of real estate buying options to suit everyone's budget and requirements. From luxurious villas and apartments with stunning sea views to budget-friendly studio apartments, there is something for everyone. Buyers can choose from newly constructed properties or invest in traditional charming homes with character and history.

The real estate prices in the Canary Islands vary according to the location, size, and age of the property. Generally, the prices are more affordable than in other major tourist destinations in Spain. However, the prices have been steadily increasing in recent years due to the growing demand for holiday homes and investment properties. The Canary Islands also have a favorable tax regime, making it an attractive destination for those seeking to invest in the real estate market.

Price per m2 to Buy Apartment in City Center
2,668.69 $
Price per m2 to Buy Apartment Outside of City Center
1,273.69 $