Last update: Oct 2026

Cost of Living Comparison Between the Canary Islands and Porto

For one person, living is cheaper in the Canary Islands: $1,638 a month against $1,947 in Porto, rent and utilities included – about $3,700 less a year. Higher rent and utilities in Porto outweigh lower spending on other living expenses.

79

Cost of Living Index in the Canary Islands
Learn more

Canary Islands Living Index
93

Cost of Living Index in Porto
Learn more

Porto Living Index

Jump to prices

Canary Islands

🇪🇸 Spain

$1,638

/mo nomad

Porto

🇵🇹 Portugal

$1,947

/mo nomad

Monthly Cost of Living

How much you'll spend in the Canary Islands and in Porto

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

Monthly costs for one person with rent: $1,638 in the Canary Islands versus $1,947 in Porto.

Canary Islands $1,638
Porto $1,947

Estimated couple costs with rent: $2,372 in the Canary Islands versus $2,889 in Porto.

Canary Islands $2,372
Porto $2,889

Monthly costs for a family of three with rent: $3,106 in the Canary Islands versus $3,831 in Porto.

Canary Islands $3,106
Porto $3,831

Living in the Canary Islands costs roughly 16% less than in Porto, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Canary Islands 20% above, Porto 43% above.

Meal at Budget Restaurant

$20.18 €18.07

$13.49 €12.09

49.59%

Three-Course Dinner for Two, Mid-Range

$60.0 €53.7

$56.3 €50.4

6.58%

Fast Food Meal (McDonalds, etc)

$9.48 €8.49

$11.26 €10.09

-15.81%

Cappuccino

$2.03 €1.82

$2.75 €2.46

-26.18%

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

$1.85 €1.66

$2.33 €2.08

-20.60%

Water (0.33 liter bottle)

$1.11 €0.99

$1.37 €1.23

-18.98%

Local Beer (0.5 liter draught)

$2.75 €2.46

$3.31 €2.96

-16.92%

Imported Beer (0.33 liter bottle)

$3.34 €2.99

$4.38 €3.92

-23.74%

Milk (1 liter)

$1.33 €1.19

$1.15 €1.03

15.65%

White Bread (500g)

$2.47 €2.21

$1.71 €1.53

44.44%

Rice (white) (1kg)

$1.55 €1.38

$1.44 €1.29

7.64%

Eggs

$2.18 €1.95

$4.01 €3.59

-45.64%

Local Cheese (1kg)

$19.29 €17.28

$11.83 €10.60

63.06%

Chicken Fillets (1kg)

$10.07 €9.02

$6.89 €6.17

46.15%

Beef Round Steak (1kg)

$17.76 €15.90

$16.47 €14.75

7.83%

Apples (1kg)

$2.66 €2.38

$2.14 €1.92

24.30%

Banana (1kg)

$2.29 €2.05

$1.58 €1.42

44.94%

Oranges (1kg)

$2.18 €1.95

$1.87 €1.68

16.58%

Tomato (1kg)

$2.51 €2.25

$2.47 €2.22

1.62%

Potato (1kg)

$2.08 €1.86

$1.78 €1.60

16.85%

Onion (1kg)

$2.00 €1.79

$1.83 €1.64

9.29%

Lettuce (1 head)

$1.69 €1.51

$1.59 €1.42

6.29%

Water (1.5 liter bottle)

$0.91 €0.82

$0.73 €0.65

24.66%

Cigarettes 20 Pack (Marlboro, Camel)

$4.70 €4.21

$6.46 €5.79

-27.24%

Wine (Bottle)

$7.83 €7.02

$5.56 €4.98

40.83%

Local Beer (0.5 liter bottle)

$1.62 €1.45

$1.34 €1.20

20.90%

Imported Beer (0.33 liter bottle)

$1.74 €1.56

$2.67 €2.39

-34.83%

One-way Ticket (Public Transport)

$0.82 €0.73

$1.57 €1.41

-47.77%

Public Transport Monthly Pass (Regular Price)

$45.59 €40.83

Taxi Start (Normal Tariff)

$4.23 €3.79

$3.88 €3.47

9.02%

Taxi (Normal Tariff) (1km)

$1.63 €1.46

$0.86 €0.77

89.53%

Taxi 1hour Waiting (Normal Tariff)

$17.05 €15.27

$16.59 €14.86

2.77%

Gasoline (1 liter)

$1.70 €1.52

$2.17 €1.94

-21.66%

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

$24.1K €21.6K

$33.4K €30.0K

-27.93%

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

$30.6K €27.4K

$36.6K €32.7K

-16.41%

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

$122 €110

$161 €145

-24.14%

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

$21.05 €18.85

$14.69 €13.15

43.29%

Internet (50+ Mbps, Unlimited Data)

$34.53 €30.93

$35.94 €32.18

-3.92%

Gym Membership (Monthly)

$47.66 €42.69

$42.34 €37.92

12.56%

Tennis Court (1 Hour on Weekend)

$24.64 €22.07

$15.21 €13.63

62.00%

Cinema Ticket

$9.93 €8.89

$9.00 €8.06

10.33%

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

$398 €357

$563 €504

-29.30%

International Primary School, 1 Child (Yearly)

$4,943 €4,427

$10.5K €9,400

-52.91%

Jeans (Levis 501 Or Similar)

$67.9 €60.8

$101 €90.8

-33.00%

Summer Dress (H&M, Zara, etc)

$39.80 €35.65

$32.57 €29.17

22.20%

Sport Shoes (Adidas, Nike)

$92.4 €82.7

$95.2 €85.3

-2.99%

Men's Leather Business Shoes

$112 €100

$104 €93.1

7.85%

1-bedroom Apartment, City Center (Monthly)

$1,121 €1,004

$1,314 €1,177

-14.69%

1-bedroom Apartment, Outside City Center (Monthly)

$672 €602

$992 €889

-32.30%

3-bedroom Apartment, City Center (Monthly)

$2,301 €2,061

3-bedroom Apartment, Outside City Center (Monthly)

$844 €756

$1,688 €1,512

-50.00%

Buy Apartment in City Center (m2)

$5,381 €4,819

Buy Apartment Outside City Center (m2)

$3,930 €3,520

Average Monthly Net Salary (After Tax)

$1,366 €1,224

$1,601 €1,434

-14.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.33

3.67

-9.26%

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

Last update for the Canary Islands: October 25, 2026

Last update for Porto: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Canary Islands

$672 41%

Porto

$992 51% 47.7% $321

Groceries & Markets

Canary Islands

$318 19.4%

Porto

$257 13.2% 19.2% $61

Eating Out

Canary Islands

$246 15.1%

Porto

$215 11% 12.8% $32

Monthly Utilities & Internet

Canary Islands

$178 10.9%

Porto

$212 10.9% 19.1% $34

Clothing & Footwear

Canary Islands

$140 8.6%

Porto

$150 7.7% 6.7% $9.4

Sport & Entertainment

Canary Islands

$68 4.1%

Porto

$60 3.1% 10.6% $7.2

Getting Around

Canary Islands

$16 * 1%

Porto

$60 3.1% 283% $44

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,121 in the Canary Islands and $1,314 in Porto. Housing cost is often the main lever when comparing two cities.

Porto pays 17% 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: $60 in the Canary Islands vs $56 in Porto for a mid-range dinner for two. Groceries echo the gap at $318 vs $257 per month, with Porto cheaper across the board.

Good to know

🇪🇸 Canary Islands

🇵🇹 Porto

🕒 Local time

09:21 9:21 AM

Same time as the Canary Islands

🌤 Weather

👥 Population

12,050

231,828

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Canary Islands Porto 1,610 km ≈ 2 h 30 min nonstop flight

From you

Canary Islands
Porto

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

Canary Islands vs Porto: Cost of Living - Frequently Asked Questions

Canary Islands wins on cost – living expenses run 16% lower than in Porto. Housing and daily spending are where you’ll feel the difference most, making Canary Islands the obvious pick if budget is a priority.

On paper, salaries run 15% lower in the Canary Islands. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,121 in the Canary Islands versus $1,314 in Porto. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Porto pay roughly 19% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $1,638 per month in the Canary Islands versus $1,947 in Porto – Canary Islands is about 16% cheaper, which adds up to real savings over time.

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, Canary Islands and Porto are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Canary Islands wins on affordability, Porto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.