Last update: Oct 2026

Cost of Living Comparison Between Las Palmas de Gran Canaria and Budapest

For one person, living is cheaper in Budapest: $1,621 a month against $1,718 in Las Palmas de Gran Canaria, rent and utilities included – about $1,200 less a year. Higher rent and utilities in Las Palmas de Gran Canaria outweigh lower spending on other living expenses.

83

Cost of Living Index in Las Palmas de Gran Canaria
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Las Palmas de Gran Canaria Living Index
79

Cost of Living Index in Budapest
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Budapest Living Index

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Las Palmas de Gran Canaria

🇪🇸 Spain

$1,718

/mo nomad

Budapest

🇭🇺 Hungary

$1,621

/mo nomad

Monthly Cost of Living

How much you'll spend in Las Palmas de Gran Canaria and in Budapest

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

A single person spends $1,718 per month in Las Palmas de Gran Canaria vs $1,621 in Budapest, rent included.

Las Palmas de Gran Canaria $1,718
Budapest $1,621

A couple spends around $2,608 per month in Las Palmas de Gran Canaria vs $2,555 in Budapest, rent included.

Las Palmas de Gran Canaria $2,608
Budapest $2,555

A family of three spends $3,497 per month in Las Palmas de Gran Canaria vs $3,489 in Budapest, rent included.

Las Palmas de Gran Canaria $3,497
Budapest $3,489

Las Palmas de Gran Canaria costs about 6% more than Budapest, and outside of rent the biggest gap is in groceries.

Both Las Palmas de Gran Canaria and Budapest sit above the global median – Las Palmas de Gran Canaria by 28%, Budapest by 21%.

Meal at Budget Restaurant

$13.23 €11.80

$13.99 Ft 4,555

-5.43%

Three-Course Dinner for Two, Mid-Range

$72.8 €64.9

$60.3 Ft 19.7K

20.65%

Fast Food Meal (McDonalds, etc)

$10.46 €9.33

$9.96 Ft 3,244

5.02%

Cappuccino

$2.57 €2.29

$3.38 Ft 1,102

-23.96%

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

$2.14 €1.91

$2.13 Ft 693

0.47%

Water (0.33 liter bottle)

$1.68 €1.50

$1.87 Ft 609

-10.16%

Local Beer (0.5 liter draught)

$3.18 €2.84

$3.75 Ft 1,222

-15.20%

Imported Beer (0.33 liter bottle)

$3.56 €3.17

$3.57 Ft 1,163

-0.28%

Milk (1 liter)

$1.09 €0.97

$1.13 Ft 369

-3.54%

White Bread (500g)

$1.66 €1.48

$1.84 Ft 600

-9.78%

Rice (white) (1kg)

$1.66 €1.48

$2.39 Ft 777

-30.54%

Eggs

$3.58 €3.19

$3.83 Ft 1,246

-6.53%

Local Cheese (1kg)

$12.28 €10.94

$11.33 Ft 3,689

8.38%

Chicken Fillets (1kg)

$9.80 €8.74

$6.74 Ft 2,194

45.40%

Beef Round Steak (1kg)

$18.20 €16.22

$14.69 Ft 4,784

23.89%

Apples (1kg)

$2.53 €2.26

$1.84 Ft 598

37.50%

Banana (1kg)

$2.56 €2.28

$2.01 Ft 654

27.36%

Oranges (1kg)

$2.34 €2.09

$2.36 Ft 767

-0.85%

Tomato (1kg)

$2.54 €2.26

$3.77 Ft 1,227

-32.63%

Potato (1kg)

$2.43 €2.16

$0.96 Ft 314

153.13%

Onion (1kg)

$2.30 €2.05

$1.03 Ft 335

123.30%

Lettuce (1 head)

$1.95 €1.74

$1.56 Ft 509

25.00%

Water (1.5 liter bottle)

$0.83 €0.74

$0.66 Ft 216

25.76%

Cigarettes 20 Pack (Marlboro, Camel)

$4.62 €4.12

$7.96 Ft 2,594

-41.96%

Wine (Bottle)

$6.62 €5.90

$6.01 Ft 1,956

10.15%

Local Beer (0.5 liter bottle)

$1.79 €1.60

$1.30 Ft 422

37.69%

Imported Beer (0.33 liter bottle)

$2.62 €2.34

$2.08 Ft 677

25.96%

One-way Ticket (Public Transport)

$1.78 €1.59

$1.50 Ft 490

18.67%

Public Transport Monthly Pass (Regular Price)

$15.55 €13.87

$27.61 Ft 8,991

-43.68%

Taxi Start (Normal Tariff)

$3.43 €3.06

$3.30 Ft 1,075

3.94%

Taxi (Normal Tariff) (1km)

$2.28 €2.03

$1.30 Ft 424

75.38%

Taxi 1hour Waiting (Normal Tariff)

$27.99 €24.95

$19.78 Ft 6,442

41.51%

Gasoline (1 liter)

$1.75 €1.56

$1.81 Ft 591

-3.31%

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

$35.2K €31.4K

$29.3K Ft 9.6M

19.98%

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

$29.2K €26.1K

$34.1K Ft 11.1M

-14.28%

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

$115 €103

$170 Ft 55.3K

-32.33%

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

$19.87 €17.72

$23.98 Ft 7,809

-17.14%

Internet (50+ Mbps, Unlimited Data)

$28.64 €25.53

$23.42 Ft 7,628

22.29%

Gym Membership (Monthly)

$43.29 €38.60

$66.2 Ft 21.6K

-34.65%

Tennis Court (1 Hour on Weekend)

$16.66 €14.85

$19.18 Ft 6,245

-13.14%

Cinema Ticket

$9.15 €8.15

$9.52 Ft 3,101

-3.89%

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

$475 €423

$537 Ft 174.8K

-11.54%

International Primary School, 1 Child (Yearly)

$6,698 €5,972

$16.6K Ft 5.4M

-59.67%

Jeans (Levis 501 Or Similar)

$87.0 €77.5

$101 Ft 33.0K

-14.20%

Summer Dress (H&M, Zara, etc)

$38.21 €34.07

$42.99 Ft 14.0K

-11.12%

Sport Shoes (Adidas, Nike)

$92.7 €82.6

$113 Ft 36.7K

-17.80%

Men's Leather Business Shoes

$121 €108

$119 Ft 38.7K

1.65%

1-bedroom Apartment, City Center (Monthly)

$965 €861

$805 Ft 262.2K

19.87%

1-bedroom Apartment, Outside City Center (Monthly)

$775 €691

$629 Ft 204.9K

23.09%

3-bedroom Apartment, City Center (Monthly)

$1,533 €1,367

$1,549 Ft 504.6K

-1.07%

3-bedroom Apartment, Outside City Center (Monthly)

$1,196 €1,066

$1,167 Ft 380.1K

2.49%

Buy Apartment in City Center (m2)

$3,200 €2,853

$5,618 Ft 1.8M

-43.05%

Buy Apartment Outside City Center (m2)

$1,829 €1,631

$3,968 Ft 1.3M

-53.91%

Average Monthly Net Salary (After Tax)

$1,697 €1,513

$1,626 Ft 529.5K

4.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

6.43

-51.01%

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

Last update for Las Palmas de Gran Canaria: October 5, 2026

Last update for Budapest: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Las Palmas de Gran Canaria

$775 45.8%

Budapest

$629 38.7% 18.8% $145

Groceries & Markets

Las Palmas de Gran Canaria

$296 17.5%

Budapest

$258 15.8% 13% $38

Eating Out

Las Palmas de Gran Canaria

$206 12.2%

Budapest

$224 13.8% 8.7% $18

Monthly Utilities & Internet

Las Palmas de Gran Canaria

$164 9.7%

Budapest

$217 13.4% 32.9% $54

Clothing & Footwear

Las Palmas de Gran Canaria

$152 9%

Budapest

$169 10.4% 11% $17

Sport & Entertainment

Las Palmas de Gran Canaria

$62 3.6%

Budapest

$85 5.2% 38.5% $24

Getting Around

Las Palmas de Gran Canaria

$37 2.2%

Budapest

$43 2.7% 15.8% $5.9

Cost Breakdown

A central one-bedroom costs $965 in Las Palmas de Gran Canaria versus $805 in Budapest. 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 4% higher in Las Palmas de Gran Canaria, 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 $73.0 in Las Palmas de Gran Canaria versus $60.0 in Budapest. Monthly groceries follow the same trend: $296 vs $258 – making Budapest the more affordable choice for daily food spending.

Good to know

🇪🇸 Las Palmas de Gran Canaria

🇭🇺 Budapest

🕒 Local time

05:41 5:41 AM

06:41 6:41 AM

1 h ahead of Las Palmas de Gran Canaria

🌤 Weather

👥 Population

378,027

1,686,222 Capital

💱 Currency

Euro EUR €

Hungarian Forint HUF Ft

📈 Exchange rate

1 EUR = 1.12 USD

1,000 HUF = 3.07 USD

1,000 HUF = 2.74 EUR

Exchange rates and currency converter

HUF, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 10, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Hungarian Forint exchange rates as of October 10, 2026: 1 USD = 326 HUF (1,000 HUF = 3.07 USD). 1 EUR = 365 HUF (1,000 HUF = 2.74 EUR).

USD to EUR in detail →

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Las Palmas de Gran Canaria Budapest 3,670 km ≈ 5 h nonstop flight

From you

Las Palmas de Gran Canaria
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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

Las Palmas de Gran Canaria vs Budapest: Cost of Living - Frequently Asked Questions

Yes – Las Palmas de Gran Canaria is pricier by about 6%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,577 per month in Las Palmas de Gran Canaria and $2,432 in Budapest. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Public transport costs about 78% less in Budapest. For daily commuters, that gap adds up to noticeable savings over a year.

Kindergarten costs $475 per month in Las Palmas de Gran Canaria and $537 in Budapest. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Budapest, where all-in costs run around $1,621, than in Las Palmas de Gran Canaria at $1,718. In Budapest it covers expenses comfortably, while in Las Palmas de Gran Canaria it requires careful planning or may not stretch far enough.

Families tend to lean toward Budapest – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Budapest. If higher salaries, better infrastructure, or specific career opportunities are the priority, Las Palmas de Gran Canaria makes more sense. Both are solid long-term options with distinct trade-offs.