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

πŸ™‚ Solo nomad: Las Palmas de Gran Canaria is 11.7% cheaper than Madrid without rent, and 25.5% cheaper with rent.
πŸ™‚ Family of 3: Las Palmas de Gran Canaria is 11.9% cheaper than Madrid without rent, and 19.1% cheaper with rent.
Currency
🍽 Eating Out
Las Palmas de Gran Canaria
Madrid
Difference
Meal at Budget Restaurant
$11.93 €10.3
$17.03 €14.7
-29.95%
Three-Course Dinner for Two, Mid-Range
$57.5 €49.65
$70.3 €60.7
-18.18%
Fast Food Meal (McDonalds, etc)
$10.23 €8.84
$11.77 €10.16
-13.08%
Cappuccino
$2.26 €1.95
$3.21 €2.77
-29.60%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.2 €1.9
$3.18 €2.75
-30.82%
Water (0.33 liter bottle)
$1.18 €1.02
$2.1 €1.82
-43.81%
Local Beer (0.5 liter draught)
$2.96 €2.55
$4.13 €3.56
-28.33%
Imported Beer (0.33 liter bottle)
$4.3 €3.71
$4.49 €3.88
-4.23%
πŸ›’ Groceries & Markets
Las Palmas de Gran Canaria
Madrid
Difference
Milk (1 liter)
$1.23 €1.06
$1.23 €1.07
-
White Bread (500g)
$2.04 €1.76
$1.63 €1.41
25.15%
Rice (white) (1kg)
$2.13 €1.84
$1.64 €1.41
29.88%
Eggs
$3.38 €2.92
$3.34 €2.89
1.20%
Local Cheese (1kg)
$11.9 €10.28
$14.88 €12.84
-20.03%
Chicken Fillets (1kg)
$10.01 €8.64
$9.04 €7.81
10.73%
Beef Round Steak (1kg)
$17.16 €14.82
$16.8 €14.5
2.14%
Apples (1kg)
$2.49 €2.15
$2.73 €2.35
-8.79%
Banana (1kg)
$2.52 €2.18
$2.15 €1.86
17.21%
Oranges (1kg)
$2.2 €1.9
$2.5 €2.16
-12.00%
Tomato (1kg)
$2.64 €2.28
$2.67 €2.31
-1.12%
Potato (1kg)
$2.19 €1.89
$2.14 €1.85
2.34%
Onion (1kg)
$2.75 €2.38
$2.16 €1.87
27.31%
Lettuce (1 head)
$1.79 €1.55
$1.35 €1.17
32.59%
Water (1.5 liter bottle)
$0.89 €0.77
$0.93 €0.81
-4.30%
Cigarettes 20 Pack (Marlboro, Camel)
$4.6 €3.97
$7.12 €6.15
-35.39%
Wine (Bottle)
$6.41 €5.54
$7.96 €6.87
-19.47%
Local Beer (0.5 liter bottle)
$1.64 €1.41
$1.39 €1.2
17.99%
Imported Beer (0.33 liter bottle)
$3.79 €3.27
$2.27 €1.96
66.96%
🚌 Getting Around
Las Palmas de Gran Canaria
Madrid
Difference
One-way Ticket (Public Transport)
$1.63 €1.41
$1.71 €1.47
-4.68%
Public Transport Monthly Pass (Regular Price)
$16.25 €14.03
$48.37 €41.77
-66.40%
Taxi Start (Normal Tariff)
$3.4 €2.94
$4.15 €3.59
-18.07%
Taxi (Normal Tariff) (1km)
$1.28 €1.11
$1.34 €1.15
-4.48%
Taxi 1hour Waiting (Normal Tariff)
$22.89 €19.76
$28.54 €24.64
-19.80%
Gasoline (1 liter)
$1.67 €1.44
$1.86 €1.6
-10.22%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.9K €32.7K
$37.9K €32.7K
0.03%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$29.8K €25.7K
$34.2K €29.5K
-12.86%
🧾 Monthly Utilities & Internet
Las Palmas de Gran Canaria
Madrid
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$81.5 €70.4
$191 €165
-57.37%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.91 €18.05
$21.25 €18.35
-1.60%
Internet (50+ Mbps, Unlimited Data)
$29.88 €25.8
$35.96 €31.05
-16.91%
πŸŽ‰ Sport & Entertainment
Las Palmas de Gran Canaria
Madrid
Difference
Gym Membership (Monthly)
$50.9 €43.95
$54 €46.59
-5.65%
Tennis Court (1 Hour on Weekend)
$18.63 €16.09
$17.96 €15.51
3.73%
Cinema Ticket
$9.48 €8.19
$11.51 €9.94
-17.64%
🧸 Childcare & Education
Las Palmas de Gran Canaria
Madrid
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$520 €449
$674 €582
-22.84%
International Primary School, 1 Child (Yearly)
$6,454 €5,572
$11.8K €10.2K
-45.48%
πŸ‘•πŸ‘Ÿ Clothing & Footwear
Las Palmas de Gran Canaria
Madrid
Difference
Jeans (Levis 501 Or Similar)
$103 €89.1
$95.7 €82.6
7.86%
Summer Dress (H&M, Zara, etc)
$51.4 €44.37
$41.6 €35.92
23.53%
Sport Shoes (Adidas, Nike)
$108 €93.4
$105 €91.1
2.58%
Men's Leather Business Shoes
$149 €129
$132 €114
13.21%
🏠 Accommodation & Living
Las Palmas de Gran Canaria
Madrid
Difference
1-bedroom Apartment, City Center (Monthly)
$988 €853
$1,561 €1,348
-36.72%
1-bedroom Apartment, Outside City Center (Monthly)
$813 €702
$1,109 €958
-26.70%
3-bedroom Apartment, City Center (Monthly)
$1,464 €1,264
$2,840 €2,452
-48.45%
3-bedroom Apartment, Outside City Center (Monthly)
$1,342 €1,158
$1,884 €1,626
-28.78%
Buy Apartment in City Center (m2)
$2,898 €2,502
$8,381 €7,236
-65.42%
Buy Apartment Outside City Center (m2)
$1,687 €1,457
$4,938 €4,263
-65.84%
πŸ’΅ Salaries & Financials
Las Palmas de Gran Canaria
Madrid
Difference
Average Monthly Net Salary (After Tax)
$1,788 €1,544
$2,579 €2,227
-30.68%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.43
3.43
-

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

Last update for Las Palmas de Gran Canaria: October 29, 2025

Last update for Madrid: October 29, 2025

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