Last update: Oct 2026

Cost of Living Comparison Between Gibraltar and Spain

Name: Spain
Address: ES

For one person, living is cheaper in Spain: $1,775 a month against $2,870 in Gibraltar, rent and utilities included – about $13,100 less a year. Rent and utilities account for most of the difference.

139

Cost of Living Index in Gibraltar
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Gibraltar Living Index
86

Cost of Living Index in Spain
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Spain Living Index

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🇬🇮 Gibraltar

$2,870

/mo nomad

🇪🇸 Spain

$1,775

/mo nomad

Monthly Cost of Living

How much you'll spend in Gibraltar and in Spain

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

A single person spends $2,870 per month in Gibraltar vs $1,775 in Spain, rent included.

Gibraltar $2,870
Spain $1,775

A couple spends around $4,566 per month in Gibraltar vs $2,606 in Spain, rent included.

Gibraltar $4,566
Spain $2,606

A family of three spends $6,262 per month in Gibraltar vs $3,438 in Spain, rent included.

Gibraltar $6,262
Spain $3,438

The regional cost range is wider in Spain ($931–$2,610) than in Gibraltar ($2,921–$2,921), so city choice matters more there.

The cost of living in Gibraltar is about 62% higher than in Spain on average.

Both Gibraltar and Spain are pricier than the global median – Gibraltar by 111%, Spain by 30%.

Meal at Budget Restaurant

$20.36 GIP 15.27

$16.69 €14.97

21.99%

Three-Course Dinner for Two, Mid-Range

$99.9 GIP 74.9

$55.7 €49.96

79.28%

Fast Food Meal (McDonalds, etc)

$17.89 GIP 13.42

$11.37 €10.19

57.34%

Cappuccino

$4.04 GIP 3.03

$2.42 €2.17

66.94%

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

$2.41 GIP 1.81

$2.68 €2.40

-10.07%

Water (0.33 liter bottle)

$2.06 GIP 1.54

$1.79 €1.61

15.08%

Local Beer (0.5 liter draught)

$5.41 GIP 4.05

$3.42 €3.07

58.19%

Imported Beer (0.33 liter bottle)

$4.74 GIP 3.56

$3.88 €3.48

22.16%

Milk (1 liter)

$1.82 GIP 1.37

$1.20 €1.08

51.67%

White Bread (500g)

$2.45 GIP 1.84

$1.48 €1.33

65.54%

Rice (white) (1kg)

$3.32 GIP 2.49

$1.67 €1.50

98.80%

Eggs

$6.15 GIP 4.61

$3.42 €3.07

79.82%

Local Cheese (1kg)

$11.99 GIP 8.99

$14.17 €12.71

-15.38%

Chicken Fillets (1kg)

$8.34 GIP 6.25

$8.33 €7.47

0.12%

Beef Round Steak (1kg)

$17.69 GIP 13.26

$16.20 €14.53

9.20%

Apples (1kg)

$2.98 GIP 2.23

$2.45 €2.20

21.63%

Banana (1kg)

$2.85 GIP 2.14

$2.03 €1.82

40.39%

Oranges (1kg)

$3.74 GIP 2.80

$2.08 €1.86

79.81%

Tomato (1kg)

$3.32 GIP 2.49

$2.58 €2.31

28.68%

Potato (1kg)

$2.69 GIP 2.02

$1.83 €1.64

46.99%

Onion (1kg)

$2.06 GIP 1.55

$2.00 €1.80

3.00%

Lettuce (1 head)

$1.85 GIP 1.39

$1.31 €1.17

41.22%

Water (1.5 liter bottle)

$1.46 GIP 1.10

$0.77 €0.69

89.61%

Cigarettes 20 Pack (Marlboro, Camel)

$5.15 GIP 3.86

$6.36 €5.71

-19.03%

Wine (Bottle)

$11.38 GIP 8.53

$5.64 €5.06

101.77%

Local Beer (0.5 liter bottle)

$2.69 GIP 2.02

$1.30 €1.17

106.92%

Imported Beer (0.33 liter bottle)

$3.15 GIP 2.36

$2.09 €1.87

50.72%

One-way Ticket (Public Transport)

$3.40 GIP 2.55

$1.64 €1.47

107.32%

Public Transport Monthly Pass (Regular Price)

$32.91 €29.52

Taxi Start (Normal Tariff)

$13.43 GIP 10.07

$4.43 €3.97

203.16%

Taxi (Normal Tariff) (1km)

$1.47 €1.32

Taxi 1hour Waiting (Normal Tariff)

$13.10 GIP 9.82

$24.98 €22.41

-47.56%

Gasoline (1 liter)

$1.46 GIP 1.09

$1.77 €1.59

-17.51%

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

$50.6K GIP 37.9K

$35.5K €31.9K

42.35%

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

$29.8K GIP 22.4K

$30.6K €27.5K

-2.57%

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

$169 GIP 127

$149 €134

13.19%

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

$26.33 GIP 19.74

$17.67 €15.85

49.01%

Internet (50+ Mbps, Unlimited Data)

$66.6 GIP 49.90

$31.88 €28.60

108.75%

Gym Membership (Monthly)

$81.2 GIP 60.9

$44.24 €39.68

83.50%

Tennis Court (1 Hour on Weekend)

$22.42 GIP 16.81

$15.29 €13.72

46.63%

Cinema Ticket

$13.15 GIP 9.86

$9.66 €8.67

36.13%

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

$1,109 GIP 832

$544 €488

103.80%

International Primary School, 1 Child (Yearly)

$21.3K GIP 16.0K

$10.6K €9,514

100.92%

Jeans (Levis 501 Or Similar)

$136 GIP 102

$84.9 €76.2

60.16%

Summer Dress (H&M, Zara, etc)

$66.3 GIP 49.73

$37.11 €33.29

78.74%

Sport Shoes (Adidas, Nike)

$120 GIP 90.3

$89.2 €80.0

35.02%

Men's Leather Business Shoes

$149 GIP 112

$106 €94.9

41.03%

1-bedroom Apartment, City Center (Monthly)

$2,216 GIP 1,661

$1,056 €948

109.73%

1-bedroom Apartment, Outside City Center (Monthly)

$1,587 GIP 1,190

$808 €725

96.52%

3-bedroom Apartment, City Center (Monthly)

$3,828 GIP 2,870

$1,621 €1,454

136.15%

3-bedroom Apartment, Outside City Center (Monthly)

$3,238 GIP 2,428

$1,246 €1,118

159.80%

Buy Apartment in City Center (m2)

$13.8K GIP 10.3K

$4,135 €3,709

233.09%

Buy Apartment Outside City Center (m2)

$8,031 GIP 6,021

$2,633 €2,361

205.04%

Average Monthly Net Salary (After Tax)

$2,464 GIP 1,848

$1,999 €1,793

23.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.13

3.3

85.76%

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

Last update for Gibraltar: October 24, 2026

Last update for Spain: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Gibraltar

$1.6K 55.3%

Spain

$808 45.5% 49.1% $780

Groceries & Markets

Gibraltar

$355 12.4%

Spain

$272 15.3% 23.4% $83

Eating Out

Gibraltar

$320 11.1%

Spain

$239 13.5% 25.1% $80

Monthly Utilities & Internet

Gibraltar

$262 9.1%

Spain

$199 11.2% 24.1% $63

Clothing & Footwear

Gibraltar

$212 7.4%

Spain

$143 8% 32.8% $70

Sport & Entertainment

Gibraltar

$107 3.7%

Spain

$64 3.6% 40.9% $44

Getting Around

Gibraltar

$27 * 0.9%

Spain

$51 2.9% 89.6% $24

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

Cost Breakdown

Average rent: $2,178 in Gibraltar vs $920 in Spain. For reference, capital cities sit at $2,178 in Gibraltar and $1,508 in Madrid.

Average salary: $2,448 in Gibraltar vs $1,972 in Spain. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 137% higher in Gibraltar.

Dining out costs 72% more in Gibraltar.

Salaries are 24% higher in Gibraltar, and purchasing power comes out stronger in Spain.

Good to know

🇬🇮 Gibraltar

🇪🇸 Spain

🕒 Local time

01:21 1:21 AM

Same time as Gibraltar

🌤 Weather

👥 Population

34,003

47,415,750

💱 Currency

Gibraltar Pound GIP £

Euro EUR €

📈 Exchange rate

1 GIP = 1.33 USD

1 GIP = 1.2 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to GIP – Gibraltar Pound Converter

🇺🇸 United States Dollar ($)

🇬🇮 Gibraltar Pound (£)

Gibraltar Pound exchange rates as of October 28, 2026: 1 USD = 0.75 GIP (1 GIP = 1.33 USD). 1 EUR = 0.836 GIP (1 GIP = 1.2 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.897 EUR (1 EUR = 1.11 USD).

USD to GIP in detail →

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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

Gibraltar vs Spain: Cost of Living - Frequently Asked Questions

Spain is the cheaper option – living costs run roughly 38% lower on average.

Housing costs more in Gibraltar: a central one-bedroom averages $2,178 versus $920 in Spain.

Spain is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.