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

Monthly Cost of Living

A single person spends $1,592 per month in Lanzarote vs $1,232 in Phuket, rent included.

A couple spends around $2,365 per month in Lanzarote vs $2,255 in Phuket, rent included.

A family of three spends $3,138 per month in Lanzarote vs $3,279 in Phuket, rent included.

Lanzarote costs about 29% more than Phuket, driven mainly by Eating Out.

Lanzarote sits 19% above the global median, while Phuket is 8% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.19 €10.41

$4.63 ฿151

163.28%

Three-Course Dinner for Two, Mid-Range

$58.0 €49.50

$46.84 ฿1,523

23.74%

Fast Food Meal (McDonalds, etc)

$10.50 €8.97

$8.84 ฿287

18.78%

Cappuccino

$2.20 €1.88

$3.00 ฿97.4

-26.67%

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

$2.12 €1.81

$0.74 ฿24.11

186.49%

Water (0.33 liter bottle)

$1.21 €1.03

$0.37 ฿11.88

227.03%

Local Beer (0.5 liter draught)

$2.82 €2.41

$2.44 ฿79.3

15.57%

Imported Beer (0.33 liter bottle)

$4.43 €3.78

$3.61 ฿117

22.71%

Milk (1 liter)

$1.25 €1.06

$2.26 ฿73.5

-44.69%

White Bread (500g)

$1.37 €1.17

$1.84 ฿59.8

-25.54%

Rice (white) (1kg)

$2.11 €1.80

$2.24 ฿73.0

-5.80%

Eggs

$3.35 €2.86

$2.32 ฿75.3

44.40%

Local Cheese (1kg)

$11.84 €10.11

$19.67 ฿639

-39.81%

Chicken Fillets (1kg)

$10.02 €8.56

$3.65 ฿119

174.52%

Beef Round Steak (1kg)

$17.16 €14.66

$13.10 ฿426

30.99%

Apples (1kg)

$2.43 €2.07

$3.39 ฿110

-28.32%

Banana (1kg)

$2.47 €2.11

$1.64 ฿53.4

50.61%

Oranges (1kg)

$2.21 €1.89

$2.41 ฿78.5

-8.30%

Tomato (1kg)

$2.60 €2.22

$2.03 ฿66.0

28.08%

Potato (1kg)

$1.71 €1.46

$1.56 ฿50.6

9.62%

Onion (1kg)

$2.78 €2.37

$1.50 ฿48.66

85.33%

Lettuce (1 head)

$1.88 €1.60

$1.02 ฿33.30

84.31%

Water (1.5 liter bottle)

$0.90 €0.77

$0.49 ฿15.91

83.67%

Cigarettes 20 Pack (Marlboro, Camel)

$4.76 €4.06

$4.45 ฿145

6.97%

Wine (Bottle)

$6.99 €5.97

$18.88 ฿614

-62.98%

Local Beer (0.5 liter bottle)

$1.62 €1.38

$1.78 ฿57.7

-8.99%

Imported Beer (0.33 liter bottle)

$3.84 €3.28

$2.75 ฿89.5

39.64%

One-way Ticket (Public Transport)

$1.67 €1.42

$1.40 ฿45.54

19.29%

Public Transport Monthly Pass (Regular Price)

$34.58 €29.53

$11.48 ฿373

201.22%

Taxi Start (Normal Tariff)

$3.39 €2.89

$3.12 ฿101

8.65%

Taxi (Normal Tariff) (1km)

$2.04 €1.74

$1.00 ฿32.48

104.00%

Taxi 1hour Waiting (Normal Tariff)

$22.81 €19.48

$14.09 ฿458

61.89%

Gasoline (1 liter)

$1.59 €1.36

$1.35 ฿43.93

17.78%

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

$38.4K €32.8K

$27.2K ฿883.7K

41.41%

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

$29.8K €25.5K

$32.9K ฿1.1M

-9.41%

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

$80.2 €68.5

$125 ฿4,063

-35.80%

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

$21.02 €17.95

$13.57 ฿441

54.90%

Internet (50+ Mbps, Unlimited Data)

$29.58 €25.26

$18.52 ฿602

59.72%

Gym Membership (Monthly)

$47.83 €40.85

$61.5 ฿1,999

-22.20%

Tennis Court (1 Hour on Weekend)

$15.20 €12.98

$16.84 ฿547

-9.74%

Cinema Ticket

$9.05 €7.73

$9.19 ฿299

-1.52%

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

$520 €444

$698 ฿22.7K

-25.46%

International Primary School, 1 Child (Yearly)

$6,312 €5,390

$15.6K ฿506.9K

-59.52%

Jeans (Levis 501 Or Similar)

$101 €86.6

$57.8 ฿1,878

75.48%

Summer Dress (H&M, Zara, etc)

$51.2 €43.70

$35.24 ฿1,146

45.20%

Sport Shoes (Adidas, Nike)

$105 €89.6

$113 ฿3,677

-7.24%

Men's Leather Business Shoes

$147 €126

$86.4 ฿2,808

70.14%

1-bedroom Apartment, City Center (Monthly)

$844 €721

$616 ฿20.0K

37.03%

1-bedroom Apartment, Outside City Center (Monthly)

$698 €596

$446 ฿14.5K

56.47%

3-bedroom Apartment, City Center (Monthly)

$1,315 €1,123

$2,048 ฿66.6K

-35.81%

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 €867

$1,492 ฿48.5K

-31.93%

Buy Apartment in City Center (m2)

$3,361 €2,870

$3,779 ฿122.8K

-11.06%

Buy Apartment Outside City Center (m2)

$2,690 €2,297

$2,649 ฿86.1K

1.55%

Average Monthly Net Salary (After Tax)

$1,727 €1,474

$524 ฿17.0K

229.61%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

5.33

-35.65%

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

Last update for Lanzarote: April 26, 2026

Last update for Phuket: April 27, 2026

Cost Breakdown

A central one-bedroom costs $844 in Lanzarote versus $616 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 230% 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 $58.0 in Lanzarote versus $47.00 in Phuket. Monthly groceries follow the same trend: $293 vs $292 – 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: $1,592 in Lanzarote, $1,232 in Phuket – roughly 29% apart. Lanzarote costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,388 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 $1,592 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 201% 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 $1,592. 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 $1,592 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.