Cost of Living Comparison Between Lanzarote and Madrid Cost of Living Comparison Between Lanzarote and Madrid

🙂 Solo nomad: Lanzarote is 11.2% cheaper than Madrid without rent, and 29.3% cheaper with rent.

🙂 Family of 3: Lanzarote is 3.6% cheaper than Madrid without rent, and 27.2% cheaper with rent.

Meal at Budget Restaurant

$12.08 €10.43

$17.03 €14.7

-29.07%

Three-Course Dinner for Two, Mid-Range

$57.5 €49.65

$70.3 €60.7

-18.20%

Fast Food Meal (McDonalds, etc)

$10.62 €9.17

$11.77 €10.16

-9.77%

Cappuccino

$2.22 €1.92

$3.21 €2.77

-30.84%

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

$2.21 €1.91

$3.18 €2.75

-30.50%

Water (0.33 liter bottle)

$1.2 €1.04

$2.1 €1.82

-42.86%

Local Beer (0.5 liter draught)

$2.84 €2.45

$4.13 €3.56

-31.23%

Imported Beer (0.33 liter bottle)

$4.3 €3.71

$4.49 €3.88

-4.23%

Milk (1 liter)

$1.23 €1.07

White Bread (500g)

$1.45 €1.25

$1.63 €1.41

-11.04%

Rice (white) (1kg)

$2.04 €1.76

$1.64 €1.41

24.39%

Eggs

$3.37 €2.91

$3.34 €2.89

0.90%

Local Cheese (1kg)

$11.85 €10.23

$14.88 €12.84

-20.36%

Chicken Fillets (1kg)

$10.26 €8.85

$9.04 €7.81

13.50%

Beef Round Steak (1kg)

$17.02 €14.7

$16.8 €14.5

1.31%

Apples (1kg)

$2.38 €2.06

$2.73 €2.35

-12.82%

Banana (1kg)

$2.46 €2.13

$2.15 €1.86

14.42%

Oranges (1kg)

$2.21 €1.9

$2.5 €2.16

-11.60%

Tomato (1kg)

$2.64 €2.28

$2.67 €2.31

-1.12%

Potato (1kg)

$1.77 €1.53

$2.14 €1.85

-17.29%

Onion (1kg)

$2.69 €2.32

$2.16 €1.87

24.54%

Lettuce (1 head)

$1.87 €1.61

$1.35 €1.17

38.52%

Water (1.5 liter bottle)

$0.98 €0.84

$0.93 €0.81

5.38%

Cigarettes 20 Pack (Marlboro, Camel)

$4.67 €4.03

$7.12 €6.15

-34.41%

Wine (Bottle)

$6.13 €5.29

$7.96 €6.87

-22.99%

Local Beer (0.5 liter bottle)

$1.63 €1.41

$1.39 €1.2

17.27%

Imported Beer (0.33 liter bottle)

$3.85 €3.33

$2.27 €1.96

69.60%

One-way Ticket (Public Transport)

$1.7 €1.47

$1.71 €1.47

-0.58%

Public Transport Monthly Pass (Regular Price)

$34.5 €29.78

$48.37 €41.77

-28.67%

Taxi Start (Normal Tariff)

$3.39 €2.93

$4.15 €3.59

-18.31%

Taxi (Normal Tariff) (1km)

$2.1 €1.81

$1.34 €1.15

56.72%

Taxi 1hour Waiting (Normal Tariff)

$23.28 €20.1

$28.54 €24.64

-18.43%

Gasoline (1 liter)

$1.58 €1.37

$1.86 €1.6

-15.05%

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

$38.1K €32.9K

$37.9K €32.7K

0.61%

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

$30.7K €26.5K

$34.2K €29.5K

-10.36%

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

$81 €69.9

$191 €165

-57.65%

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

$20.51 €17.71

$21.25 €18.35

-3.48%

Internet (50+ Mbps, Unlimited Data)

$29.91 €25.83

$35.96 €31.05

-16.82%

Gym Membership (Monthly)

$48.64 €41.99

$54 €46.59

-9.86%

Tennis Court (1 Hour on Weekend)

$14.81 €12.79

$17.96 €15.51

-17.54%

Cinema Ticket

$9.44 €8.15

$11.51 €9.94

-17.98%

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

$530 €458

$674 €582

-21.33%

International Primary School, 1 Child (Yearly)

$6,349 €5,481

$11.8K €10.2K

-46.37%

Jeans (Levis 501 Or Similar)

$103 €88.7

$95.7 €82.6

7.35%

Summer Dress (H&M, Zara, etc)

$52.2 €45.08

$41.6 €35.92

25.50%

Sport Shoes (Adidas, Nike)

$106 €91.7

$105 €91.1

0.68%

Men's Leather Business Shoes

$149 €129

$132 €114

13.02%

1-bedroom Apartment, City Center (Monthly)

$853 €736

$1,561 €1,348

-45.39%

1-bedroom Apartment, Outside City Center (Monthly)

$682 €588

$1,109 €958

-38.56%

3-bedroom Apartment, City Center (Monthly)

$1,306 €1,128

$2,840 €2,452

-54.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,001 €865

$1,884 €1,626

-46.84%

Buy Apartment in City Center (m2)

$3,439 €2,970

$8,381 €7,236

-58.96%

Buy Apartment Outside City Center (m2)

$2,057 €1,776

$4,938 €4,263

-58.35%

Average Monthly Net Salary (After Tax)

$1,756 €1,516

$2,579 €2,227

-31.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

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

Last update for Lanzarote: October 29, 2025

Last update for Madrid: October 29, 2025

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