Cost of Living Comparison Between Lanzarote and Phuket Cost of Living Comparison Between Lanzarote and Phuket

Monthly Cost of Living

A single person spends $1,638 per month in Lanzarote vs $1,232 in Phuket, rent included.

A couple spends around $2,538 per month in Lanzarote vs $2,054 in Phuket, rent included.

A family of three spends $3,439 per month in Lanzarote vs $2,876 in Phuket, rent included.

Lanzarote costs about 33% more than Phuket, driven mainly by Eating Out.

Lanzarote sits 20% above the global median, while Phuket is 10% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$13.81 €12.04

$4.41 ฿147

213.15%

Three-Course Dinner for Two, Mid-Range

$75.1 €65.4

$32.26 ฿1,077

132.64%

Fast Food Meal (McDonalds, etc)

$11.20 €9.76

$8.93 ฿298

25.42%

Cappuccino

$2.58 €2.25

$2.90 ฿96.6

-11.03%

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

$2.26 €1.97

$0.88 ฿29.38

156.82%

Water (0.33 liter bottle)

$1.66 €1.45

$0.48 ฿16.06

245.83%

Local Beer (0.5 liter draught)

$3.25 €2.84

$2.35 ฿78.5

38.30%

Imported Beer (0.33 liter bottle)

$3.79 €3.30

$3.72 ฿124

1.88%

Milk (1 liter)

$1.13 €0.98

$1.87 ฿62.3

-39.57%

White Bread (500g)

$1.44 €1.26

$1.47 ฿48.94

-2.04%

Rice (white) (1kg)

$1.65 €1.44

$1.55 ฿51.8

6.45%

Eggs

$3.85 €3.35

$2.10 ฿70.1

83.33%

Local Cheese (1kg)

$12.34 €10.76

$19.59 ฿654

-37.01%

Chicken Fillets (1kg)

$10.38 €9.04

$3.42 ฿114

203.51%

Beef Round Steak (1kg)

$18.94 €16.51

$11.38 ฿380

66.43%

Apples (1kg)

$2.74 €2.38

$2.98 ฿99.6

-8.05%

Banana (1kg)

$2.65 €2.31

$1.68 ฿56.2

57.74%

Oranges (1kg)

$2.39 €2.08

$2.21 ฿73.7

8.14%

Tomato (1kg)

$2.61 €2.27

$2.16 ฿72.1

20.83%

Potato (1kg)

$1.93 €1.68

$1.52 ฿50.9

26.97%

Onion (1kg)

$2.49 €2.17

$1.34 ฿44.67

85.82%

Lettuce (1 head)

$2.02 €1.76

$1.13 ฿37.67

78.76%

Water (1.5 liter bottle)

$0.86 €0.75

$0.55 ฿18.24

56.36%

Cigarettes 20 Pack (Marlboro, Camel)

$4.61 €4.02

$4.26 ฿142

8.22%

Wine (Bottle)

$6.94 €6.05

$19.09 ฿637

-63.65%

Local Beer (0.5 liter bottle)

$1.79 €1.56

$1.78 ฿59.4

0.56%

Imported Beer (0.33 liter bottle)

$2.70 €2.35

$2.78 ฿92.9

-2.88%

One-way Ticket (Public Transport)

$1.72 €1.50

$2.23 ฿74.4

-22.87%

Public Transport Monthly Pass (Regular Price)

$34.81 €30.35

$22.74 ฿759

53.08%

Taxi Start (Normal Tariff)

$3.47 €3.03

$3.03 ฿101

14.52%

Taxi (Normal Tariff) (1km)

$2.29 €2.00

$1.02 ฿34.15

124.51%

Taxi 1hour Waiting (Normal Tariff)

$28.60 €24.93

$3.89 ฿130

635.22%

Gasoline (1 liter)

$1.65 €1.44

$1.49 ฿49.77

10.74%

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

$36.7K €32.0K

$26.6K ฿887.3K

38.24%

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

$29.6K €25.8K

$27.0K ฿902.2K

9.62%

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

$115 €100

$102 ฿3,420

12.07%

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

$20.48 €17.86

$11.33 ฿378

80.76%

Internet (50+ Mbps, Unlimited Data)

$28.86 €25.16

$17.40 ฿581

65.86%

Gym Membership (Monthly)

$46.31 €40.37

$52.1 ฿1,738

-11.08%

Tennis Court (1 Hour on Weekend)

$17.14 €14.94

$11.07 ฿370

54.83%

Cinema Ticket

$9.13 €7.96

$7.69 ฿257

18.73%

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

$495 €431

$561 ฿18.7K

-11.72%

International Primary School, 1 Child (Yearly)

$6,804 €5,931

$11.5K ฿384.1K

-40.87%

Jeans (Levis 501 Or Similar)

$92.8 €80.9

$63.0 ฿2,104

47.15%

Summer Dress (H&M, Zara, etc)

$39.10 €34.08

$29.52 ฿986

32.45%

Sport Shoes (Adidas, Nike)

$93.6 €81.6

$98.0 ฿3,272

-4.57%

Men's Leather Business Shoes

$126 €110

$88.5 ฿2,954

42.76%

1-bedroom Apartment, City Center (Monthly)

$938 €817

$738 ฿24.6K

27.01%

1-bedroom Apartment, Outside City Center (Monthly)

$714 €622

$482 ฿16.1K

47.97%

3-bedroom Apartment, City Center (Monthly)

$1,419 €1,237

$2,107 ฿70.3K

-32.66%

3-bedroom Apartment, Outside City Center (Monthly)

$1,026 €894

$1,226 ฿40.9K

-16.30%

Buy Apartment in City Center (m2)

$3,411 €2,973

$3,617 ฿120.7K

-5.69%

Buy Apartment Outside City Center (m2)

$2,306 €2,010

$2,603 ฿86.9K

-11.43%

Average Monthly Net Salary (After Tax)

$1,745 €1,521

$494 ฿16.5K

253.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

5.57

-43.45%

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

Last update for Lanzarote: September 14, 2026

Last update for Phuket: September 15, 2026

Cost Breakdown

A central one-bedroom costs $938 in Lanzarote versus $738 in Phuket. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 254% higher in Lanzarote, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $75.0 in Lanzarote versus $32.00 in Phuket. Monthly groceries follow the same trend: $303 vs $274 – making Phuket the more affordable choice for daily food spending.

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 Phuket: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,638 in Lanzarote, $1,232 in Phuket – roughly 33% apart. Lanzarote costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,457 per month in Lanzarote and $1,847 in Phuket. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Phuket, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $1,638 in Lanzarote and $1,232 in Phuket. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 53% less in Phuket. For daily commuters, that gap adds up to noticeable savings over a year.

A $1,500 monthly budget goes further in Phuket, where all-in costs run around $1,232, than in Lanzarote at $1,638. In Phuket it covers expenses comfortably, while in Lanzarote it requires careful planning or may not stretch far enough.

It depends on your priorities. Phuket has an edge in some lifestyle areas, with costs from $1,232 in Phuket to $1,638 in Lanzarote. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Phuket. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lanzarote makes more sense. Both are solid long-term options with distinct trade-offs.