Last update: Oct 2026

Cost of Living Comparison Between Austin, TX and Lanzarote

For one person, living is cheaper in Lanzarote: $1,611 a month against $2,663 in Austin, TX, rent and utilities included – about $12,600 less a year. Rent and utilities account for most of the difference.

130

Cost of Living Index in Austin, TX
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Austin, TX Living Index
79

Cost of Living Index in Lanzarote
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Lanzarote Living Index

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Austin, TX

🇺🇸 United States

$2,663

/mo nomad

Lanzarote

🇪🇸 Spain

$1,611

/mo nomad

Monthly Cost of Living

How much you'll spend in Austin, TX and in Lanzarote

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Austin, TX and in Lanzarote actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,663 in Austin, TX versus $1,611 in Lanzarote.

Austin, TX $2,663
Lanzarote $1,611

Estimated couple costs with rent: $4,133 in Austin, TX versus $2,446 in Lanzarote.

Austin, TX $4,133
Lanzarote $2,446

Monthly costs for a family of three with rent: $5,603 in Austin, TX versus $3,280 in Lanzarote.

Austin, TX $5,603
Lanzarote $3,280

Living in Austin, TX is roughly 65% more expensive than in Lanzarote, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Austin, TX 97% above, Lanzarote 19% above.

Meal at Budget Restaurant

$20.77 $20.77

$13.31 €11.84

56.05%

Three-Course Dinner for Two, Mid-Range

$84.6 $84.6

$72.9 €64.9

16.00%

Fast Food Meal (McDonalds, etc)

$12.32 $12.32

$10.45 €9.30

17.89%

Cappuccino

$5.63 $5.63

$2.47 €2.20

127.94%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.72 $3.72

$2.16 €1.92

72.22%

Water (0.33 liter bottle)

$2.50 $2.50

$1.63 €1.45

53.37%

Local Beer (0.5 liter draught)

$8.05 $8.05

$3.04 €2.71

164.80%

Imported Beer (0.33 liter bottle)

$9.01 $9.01

$3.75 €3.33

140.27%

Milk (1 liter)

$1.12 $1.12

$1.11 €0.98

0.90%

White Bread (500g)

$3.75 $3.75

$1.44 €1.28

160.42%

Rice (white) (1kg)

$3.26 $3.26

$1.65 €1.47

97.58%

Eggs

$4.17 $4.17

$3.65 €3.25

14.25%

Local Cheese (1kg)

$12.90 $12.90

$11.98 €10.65

7.68%

Chicken Fillets (1kg)

$14.16 $14.16

$10.17 €9.04

39.23%

Beef Round Steak (1kg)

$16.22 $16.22

$17.81 €15.85

-8.93%

Apples (1kg)

$4.33 $4.33

$2.61 €2.32

65.90%

Banana (1kg)

$1.46 $1.46

$2.60 €2.31

-43.85%

Oranges (1kg)

$4.51 $4.51

$2.24 €2.00

101.34%

Tomato (1kg)

$4.34 $4.34

$2.60 €2.31

66.92%

Potato (1kg)

$2.58 $2.58

$1.85 €1.65

39.46%

Onion (1kg)

$2.35 $2.35

$2.39 €2.12

-1.67%

Lettuce (1 head)

$1.78 $1.78

$2.00 €1.78

-11.00%

Water (1.5 liter bottle)

$2.22 $2.22

$0.89 €0.79

149.44%

Cigarettes 20 Pack (Marlboro, Camel)

$9.88 $9.88

$4.60 €4.09

114.78%

Wine (Bottle)

$15.08 $15.08

$6.91 €6.15

118.23%

Local Beer (0.5 liter bottle)

$2.92 $2.92

$1.76 €1.57

65.91%

Imported Beer (0.33 liter bottle)

$3.46 $3.46

$2.62 €2.33

32.06%

One-way Ticket (Public Transport)

$1.49 $1.49

$1.62 €1.44

-8.02%

Public Transport Monthly Pass (Regular Price)

$41.72 $41.72

$32.85 €29.22

27.00%

Taxi Start (Normal Tariff)

$2.73 $2.73

$3.32 €2.95

-17.77%

Taxi (Normal Tariff) (1km)

$1.66 $1.66

$2.18 €1.94

-23.85%

Taxi 1hour Waiting (Normal Tariff)

$35.30 $35.30

$27.87 €24.79

26.66%

Gasoline (1 liter)

$0.95 $0.95

$1.73 €1.54

-45.09%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.0K $36.0K

$35.3K €31.4K

2.09%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$27.1K $27.1K

$29.6K €26.3K

-8.52%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$229 $229

$114 €101

101.17%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$59.4 $59.4

$19.51 €17.35

204.41%

Internet (50+ Mbps, Unlimited Data)

$69.9 $69.9

$29.03 €25.83

140.82%

Gym Membership (Monthly)

$57.2 $57.2

$45.66 €40.61

25.36%

Tennis Court (1 Hour on Weekend)

$16.33 $16.33

$15.77 €14.03

3.55%

Cinema Ticket

$14.28 $14.28

$8.72 €7.76

63.76%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,506 $1,506

$473 €421

218.32%

International Primary School, 1 Child (Yearly)

$21.5K $21.5K

$6,751 €6,005

217.83%

Jeans (Levis 501 Or Similar)

$52.8 $52.8

$89.2 €79.4

-40.82%

Summer Dress (H&M, Zara, etc)

$43.82 $43.82

$38.36 €34.12

14.23%

Sport Shoes (Adidas, Nike)

$84.8 $84.8

$90.9 €80.8

-6.72%

Men's Leather Business Shoes

$103 $103

$121 €108

-15.16%

1-bedroom Apartment, City Center (Monthly)

$1,907 $1,907

$901 €801

111.68%

1-bedroom Apartment, Outside City Center (Monthly)

$1,274 $1,274

$679 €604

87.60%

3-bedroom Apartment, City Center (Monthly)

$3,664 $3,664

$1,326 €1,180

176.33%

3-bedroom Apartment, Outside City Center (Monthly)

$2,538 $2,538

$1,031 €917

146.14%

Buy Apartment in City Center (m2)

$7,614 $7,614

$3,266 €2,905

133.15%

Buy Apartment Outside City Center (m2)

$3,157 $3,157

$2,250 €2,001

40.34%

Average Monthly Net Salary (After Tax)

$5,121 $5,121

$1,713 €1,524

198.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.79

3.15

115.56%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Austin, TX: October 12, 2026

Last update for Lanzarote: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Austin, TX

$1.3K 47.8%

Lanzarote

$679 42.2% 46.7% $595

Groceries & Markets

Austin, TX

$405 15.2%

Lanzarote

$294 18.3% 27.2% $110

Monthly Utilities & Internet

Austin, TX

$358 13.5%

Lanzarote

$162 10.1% 54.7% $196

Eating Out

Austin, TX

$354 13.3%

Lanzarote

$205 12.8% 42% $149

Clothing & Footwear

Austin, TX

$128 4.8%

Lanzarote

$153 9.5% 19.5% $25

Sport & Entertainment

Austin, TX

$86 3.2%

Lanzarote

$63 3.9% 26.4% $23

Getting Around

Austin, TX

$59 2.2%

Lanzarote

$54 3.3% 8.8% $5.1

Cost Breakdown

A one-bedroom apartment in the center runs $1,907 in Austin, TX and $901 in Lanzarote. Housing cost is often the main lever when comparing two cities.

Austin, TX pays 199% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $85.0 in Austin, TX vs $73.0 in Lanzarote for a mid-range dinner for two. Groceries echo the gap at $405 vs $294 per month, with Lanzarote cheaper across the board.

Good to know

🇺🇸 Austin, TX

🇪🇸 Lanzarote

🕒 Local time

20:35 8:35 PM

02:35 2:35 AM

6 h ahead of Austin, TX

🌤 Weather

👥 Population

974,447

5,228

💱 Currency

United States Dollar USD $

Euro EUR €

📈 Exchange rate

1 USD = 0.89 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

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Austin, TX Lanzarote 7,920 km ≈ 10 h nonstop flight

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Austin, TX
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Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Austin, TX vs Lanzarote: Cost of Living - Frequently Asked Questions

Lanzarote wins on cost – living expenses run 65% lower than in Austin, TX. Housing and daily spending are where you'll feel the difference most, making Lanzarote the obvious pick if budget is a priority.

Average pay runs 199% higher in Austin, TX, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,907 in Austin, TX versus $901 in Lanzarote. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,663 per month in Austin, TX versus $1,611 in Lanzarote – a 65% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Lanzarote runs roughly 27% less than in Austin, TX. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,611 in Lanzarote versus $2,663 in Austin, TX, a $3,000 budget is realistic in Lanzarote but tight or insufficient in Austin, TX. The gap between the two cities makes Lanzarote the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Austin, TX and Lanzarote are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Lanzarote gentler on the wallet – expenses run 65% less than in Austin, TX. Beyond cost, consider language, visa policies, and how big the international community is in each city.