Last update: Oct 2026

Cost of Living Comparison Between Lanzarote and Athens

For one person, living is cheaper in Lanzarote: $1,611 a month against $1,775 in Athens, rent and utilities included – about $2,000 less a year. Other living expenses account for most of the difference.

79

Cost of Living Index in Lanzarote
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Lanzarote Living Index
86

Cost of Living Index in Athens
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Athens Living Index

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Lanzarote

🇪🇸 Spain

$1,611

/mo nomad

Athens

🇬🇷 Greece

$1,775

/mo nomad

Monthly Cost of Living

How much you'll spend in Lanzarote and in Athens

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

Monthly costs for one person with rent: $1,611 in Lanzarote versus $1,775 in Athens.

Lanzarote $1,611
Athens $1,775

Estimated couple costs with rent: $2,446 in Lanzarote versus $2,721 in Athens.

Lanzarote $2,446
Athens $2,721

Monthly costs for a family of three with rent: $3,280 in Lanzarote versus $3,666 in Athens.

Lanzarote $3,280
Athens $3,666

Living in Lanzarote costs roughly 9% less than in Athens, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lanzarote 19% above, Athens 31% above.

Meal at Budget Restaurant

$13.31 €11.84

$16.69 €14.84

-20.25%

Three-Course Dinner for Two, Mid-Range

$72.9 €64.9

$67.8 €60.3

7.57%

Fast Food Meal (McDonalds, etc)

$10.45 €9.30

$11.14 €9.91

-6.19%

Cappuccino

$2.47 €2.20

$4.03 €3.58

-38.71%

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

$2.16 €1.92

$2.77 €2.46

-22.02%

Water (0.33 liter bottle)

$1.63 €1.45

$0.55 €0.49

196.36%

Local Beer (0.5 liter draught)

$3.04 €2.71

$5.74 €5.10

-47.04%

Imported Beer (0.33 liter bottle)

$3.75 €3.33

$5.45 €4.85

-31.19%

Milk (1 liter)

$1.11 €0.98

$1.82 €1.62

-39.01%

White Bread (500g)

$1.44 €1.28

$1.38 €1.23

4.35%

Rice (white) (1kg)

$1.65 €1.47

$2.80 €2.49

-41.07%

Eggs

$3.65 €3.25

$4.83 €4.30

-24.43%

Local Cheese (1kg)

$11.98 €10.65

$15.05 €13.39

-20.40%

Chicken Fillets (1kg)

$10.17 €9.04

$10.63 €9.45

-4.33%

Beef Round Steak (1kg)

$17.81 €15.85

$18.43 €16.39

-3.36%

Apples (1kg)

$2.61 €2.32

$2.20 €1.96

18.64%

Banana (1kg)

$2.60 €2.31

$1.90 €1.69

36.84%

Oranges (1kg)

$2.24 €2.00

$1.37 €1.22

63.50%

Tomato (1kg)

$2.60 €2.31

$2.10 €1.87

23.81%

Potato (1kg)

$1.85 €1.65

$1.08 €0.96

71.30%

Onion (1kg)

$2.39 €2.12

$1.12 €1.00

113.39%

Lettuce (1 head)

$2.00 €1.78

$1.12 €1.00

78.57%

Water (1.5 liter bottle)

$0.89 €0.79

$0.88 €0.79

1.14%

Cigarettes 20 Pack (Marlboro, Camel)

$4.60 €4.09

$5.48 €4.88

-16.06%

Wine (Bottle)

$6.91 €6.15

$10.13 €9.01

-31.79%

Local Beer (0.5 liter bottle)

$1.76 €1.57

$2.13 €1.89

-17.37%

Imported Beer (0.33 liter bottle)

$2.62 €2.33

$2.25 €2.00

16.44%

One-way Ticket (Public Transport)

$1.62 €1.44

$1.36 €1.21

19.12%

Public Transport Monthly Pass (Regular Price)

$32.85 €29.22

$29.89 €26.59

9.90%

Taxi Start (Normal Tariff)

$3.32 €2.95

$4.45 €3.96

-25.39%

Taxi (Normal Tariff) (1km)

$2.18 €1.94

$1.02 €0.90

113.73%

Taxi 1hour Waiting (Normal Tariff)

$27.87 €24.79

$16.92 €15.05

64.72%

Gasoline (1 liter)

$1.73 €1.54

$2.25 €2.00

-23.11%

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

$35.3K €31.4K

$28.0K €24.9K

25.96%

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

$29.6K €26.3K

$28.2K €25.1K

4.83%

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

$114 €101

$205 €182

-44.36%

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

$19.51 €17.35

$26.65 €23.71

-26.79%

Internet (50+ Mbps, Unlimited Data)

$29.03 €25.83

$30.38 €27.02

-4.44%

Gym Membership (Monthly)

$45.66 €40.61

$54.5 €48.47

-16.20%

Tennis Court (1 Hour on Weekend)

$15.77 €14.03

$25.88 €23.02

-39.06%

Cinema Ticket

$8.72 €7.76

$10.42 €9.27

-16.31%

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

$473 €421

$569 €506

-16.89%

International Primary School, 1 Child (Yearly)

$6,751 €6,005

$12.6K €11.2K

-46.36%

Jeans (Levis 501 Or Similar)

$89.2 €79.4

$88.7 €78.9

0.65%

Summer Dress (H&M, Zara, etc)

$38.36 €34.12

$40.46 €35.99

-5.19%

Sport Shoes (Adidas, Nike)

$90.9 €80.8

$105 €93.3

-13.37%

Men's Leather Business Shoes

$121 €108

0.08%

1-bedroom Apartment, City Center (Monthly)

$901 €801

$741 €659

21.62%

1-bedroom Apartment, Outside City Center (Monthly)

$679 €604

$655 €582

3.76%

3-bedroom Apartment, City Center (Monthly)

$1,326 €1,180

$1,300 €1,156

2.04%

3-bedroom Apartment, Outside City Center (Monthly)

$1,031 €917

$1,148 €1,021

-10.16%

Buy Apartment in City Center (m2)

$3,266 €2,905

$4,014 €3,570

-18.64%

Buy Apartment Outside City Center (m2)

$2,250 €2,001

$3,460 €3,078

-34.99%

Average Monthly Net Salary (After Tax)

$1,713 €1,524

$1,242 €1,105

37.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

4.48

-29.69%

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

Last update for Lanzarote: October 11, 2026

Last update for Athens: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Lanzarote

$679 42.2%

Athens

$655 36.9% 3.6% $25

Groceries & Markets

Lanzarote

$294 18.3%

Athens

$310 17.5% 5.5% $16

Eating Out

Lanzarote

$205 12.8%

Athens

$268 15.1% 30.5% $63

Monthly Utilities & Internet

Lanzarote

$162 10.1%

Athens

$262 14.7% 61.1% $99

Clothing & Footwear

Lanzarote

$153 9.5%

Athens

$160 9% 4.6% $7

Sport & Entertainment

Lanzarote

$63 3.9%

Athens

$75 4.2% 19.4% $12

Getting Around

Lanzarote

$54 3.3%

Athens

$45 2.5% 16.2% $8.7

Cost Breakdown

A one-bedroom apartment in the center runs $901 in Lanzarote and $741 in Athens. Housing cost is often the main lever when comparing two cities.

Lanzarote pays 38% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $73.0 in Lanzarote vs $68.0 in Athens. Groceries flip the comparison at $294 vs $310, with Lanzarote cheaper for home cooking.

Good to know

🇪🇸 Lanzarote

🇬🇷 Athens

🕒 Local time

20:49 8:49 PM

22:49 10:49 PM

2 h ahead of Lanzarote

🌤 Weather

👥 Population

5,228

3,090,508 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Lanzarote Athens 3,580 km ≈ 5 h nonstop flight

From you

Lanzarote
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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

Lanzarote vs Athens: Cost of Living - Frequently Asked Questions

Lanzarote wins on cost – living expenses run 10% lower than in Athens. 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 38% higher in Lanzarote, 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: $901 in Lanzarote versus $741 in Athens. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Lanzarote – a meal for two runs $73.0 versus $68.0 in Athens. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,611 per month in Lanzarote versus $1,775 in Athens – a 10% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,611 in Lanzarote versus $1,775 in Athens, a $3,000 budget is realistic in Lanzarote but tight or insufficient in Athens. The gap between the two cities makes Lanzarote the clear choice for anyone on this budget.

Both work as nomad bases, but Lanzarote delivers better value – similar infrastructure at $1,611 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Lanzarote hard to pass up.

Safety-wise, Lanzarote and Athens 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 10% less than in Athens. Beyond cost, consider language, visa policies, and how big the international community is in each city.