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

Monthly Cost of Living

A single person spends $1,744 per month in Las Palmas de Gran Canaria vs $2,210 in Lisbon, rent included.

A couple spends around $2,636 per month in Las Palmas de Gran Canaria vs $3,311 in Lisbon, rent included.

A family of three spends $3,528 per month in Las Palmas de Gran Canaria vs $4,411 in Lisbon, rent included.

Las Palmas de Gran Canaria is about 21% cheaper than Lisbon, driven mainly by Eating Out.

Both Las Palmas de Gran Canaria and Lisbon sit above the global median – Las Palmas de Gran Canaria by 30%, Lisbon by 65%.

Meal at Budget Restaurant

$12.20 €10.51

$15.91 €13.70

-23.32%

Three-Course Dinner for Two, Mid-Range

$58.0 €49.95

$64.8 €55.8

-10.45%

Fast Food Meal (McDonalds, etc)

$10.60 €9.12

$10.51 €9.05

0.86%

Cappuccino

$2.28 €1.96

$2.87 €2.47

-20.56%

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

$2.11 €1.82

$2.24 €1.93

-5.80%

Water (0.33 liter bottle)

$1.25 €1.07

$1.50 €1.30

-16.67%

Local Beer (0.5 liter draught)

$2.81 €2.42

$3.49 €3.01

-19.48%

Imported Beer (0.33 liter bottle)

$4.31 €3.71

$3.88 €3.34

11.08%

Milk (1 liter)

$1.23 €1.06

$1.14 €0.98

7.89%

White Bread (500g)

$2.13 €1.83

$1.75 €1.51

21.71%

Rice (white) (1kg)

$2.06 €1.77

$1.76 €1.51

17.05%

Eggs

$3.37 €2.91

$3.22 €2.77

4.66%

Local Cheese (1kg)

$11.76 €10.13

$13.49 €11.62

-12.82%

Chicken Fillets (1kg)

$10.28 €8.85

$7.91 €6.81

29.96%

Beef Round Steak (1kg)

$16.70 €14.38

$15.87 €13.67

5.23%

Apples (1kg)

$2.52 €2.17

$2.31 €1.99

9.09%

Banana (1kg)

$2.47 €2.13

$1.70 €1.46

45.29%

Oranges (1kg)

$2.29 €1.97

$2.01 €1.73

13.93%

Tomato (1kg)

$2.51 €2.16

$2.46 €2.12

2.03%

Potato (1kg)

$2.18 €1.87

$1.84 €1.59

18.48%

Onion (1kg)

$2.64 €2.28

$2.00 €1.72

32.00%

Lettuce (1 head)

$1.85 €1.60

$1.93 €1.66

-4.15%

Water (1.5 liter bottle)

$0.89 €0.76

$0.79 €0.68

12.66%

Cigarettes 20 Pack (Marlboro, Camel)

$4.49 €3.87

$6.61 €5.69

-32.07%

Wine (Bottle)

$7.09 €6.10

$5.72 €4.93

23.95%

Local Beer (0.5 liter bottle)

$1.55 €1.34

$1.37 €1.18

13.14%

Imported Beer (0.33 liter bottle)

$3.85 €3.32

$2.97 €2.56

29.63%

One-way Ticket (Public Transport)

$1.66 €1.43

$2.37 €2.04

-29.96%

Public Transport Monthly Pass (Regular Price)

$16.51 €14.21

$45.56 €39.23

-63.76%

Taxi Start (Normal Tariff)

$3.41 €2.94

$4.29 €3.69

-20.51%

Taxi (Normal Tariff) (1km)

$1.28 €1.10

$0.82 €0.70

56.10%

Taxi 1hour Waiting (Normal Tariff)

$23.52 €20.25

$18.30 €15.76

28.52%

Gasoline (1 liter)

$1.68 €1.44

$2.06 €1.78

-18.45%

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

$38.6K €33.2K

$34.3K €29.5K

12.56%

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

$29.8K €25.6K

$39.3K €33.8K

-24.21%

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

$81.3 €70.0

$148 €127

-45.00%

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

$21.11 €18.17

$20.52 €17.67

2.88%

Internet (50+ Mbps, Unlimited Data)

$29.45 €25.36

$39.61 €34.11

-25.65%

Gym Membership (Monthly)

$52.9 €45.52

$47.85 €41.20

10.47%

Tennis Court (1 Hour on Weekend)

$19.13 €16.47

$18.92 €16.29

1.11%

Cinema Ticket

$9.18 €7.90

$9.18 €7.91

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

$520 €448

$614 €529

-15.33%

International Primary School, 1 Child (Yearly)

$6,497 €5,594

$16.0K €13.8K

-59.52%

Jeans (Levis 501 Or Similar)

$102 €88.3

$105 €90.1

-2.07%

Summer Dress (H&M, Zara, etc)

$53.0 €45.67

$42.06 €36.22

26.11%

Sport Shoes (Adidas, Nike)

$107 €92.1

$94.0 €80.9

13.78%

Men's Leather Business Shoes

$147 €127

$120 €103

23.09%

1-bedroom Apartment, City Center (Monthly)

$992 €854

$1,628 €1,402

-39.05%

1-bedroom Apartment, Outside City Center (Monthly)

$828 €713

$1,255 €1,081

-34.05%

3-bedroom Apartment, City Center (Monthly)

$1,462 €1,259

$3,030 €2,609

-51.76%

3-bedroom Apartment, Outside City Center (Monthly)

$1,338 €1,152

$2,020 €1,740

-33.76%

Buy Apartment in City Center (m2)

$3,252 €2,800

$7,800 €6,716

-58.31%

Buy Apartment Outside City Center (m2)

$1,960 €1,688

$4,273 €3,679

-54.12%

Average Monthly Net Salary (After Tax)

$1,746 €1,504

$1,603 €1,381

8.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.81

-9.97%

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

Last update for Las Palmas de Gran Canaria: June 1, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A central one-bedroom costs $992 in Las Palmas de Gran Canaria versus $1,628 in Lisbon. 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 9% higher in Las Palmas de Gran Canaria, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $58.0 in Las Palmas de Gran Canaria versus $65.0 in Lisbon. Groceries tell a different story – $301 in Las Palmas de Gran Canaria vs $269 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

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 Lisbon: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 27%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,616 per month in Las Palmas de Gran Canaria and $3,315 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Las Palmas de Gran Canaria, 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 $1,744 in Las Palmas de Gran Canaria and $2,210 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 176% less in Las Palmas de Gran Canaria. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Las Palmas de Gran Canaria, where all-in costs run around $1,744, than in Lisbon at $2,210. In Las Palmas de Gran Canaria it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

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