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

Monthly Cost of Living

A single person spends $1,744 per month in Las Palmas de Gran Canaria vs $1,859 in Valencia, rent included.

A couple spends around $2,636 per month in Las Palmas de Gran Canaria vs $2,660 in Valencia, rent included.

A family of three spends $3,528 per month in Las Palmas de Gran Canaria vs $3,461 in Valencia, rent included.

Las Palmas de Gran Canaria is about 6% cheaper than Valencia, driven mainly by Groceries & Markets.

Both Las Palmas de Gran Canaria and Valencia sit above the global median – Las Palmas de Gran Canaria by 30%, Valencia by 39%.

Meal at Budget Restaurant

$12.20 €10.51

$15.26 €13.14

-20.05%

Three-Course Dinner for Two, Mid-Range

$58.0 €49.95

$56.9 €48.98

1.97%

Fast Food Meal (McDonalds, etc)

$10.60 €9.12

$12.82 €11.04

-17.32%

Cappuccino

$2.28 €1.96

$2.56 €2.20

-10.94%

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

$2.11 €1.82

$2.49 €2.15

-15.26%

Water (0.33 liter bottle)

$1.25 €1.07

$2.01 €1.73

-37.81%

Local Beer (0.5 liter draught)

$2.81 €2.42

$3.41 €2.93

-17.60%

Imported Beer (0.33 liter bottle)

$4.31 €3.71

$3.39 €2.92

27.14%

Milk (1 liter)

$1.23 €1.06

$1.12 €0.97

9.82%

White Bread (500g)

$2.13 €1.83

$1.30 €1.12

63.85%

Rice (white) (1kg)

$2.06 €1.77

$1.73 €1.49

19.08%

Eggs

$3.37 €2.91

$2.94 €2.53

14.63%

Local Cheese (1kg)

$11.76 €10.13

$11.31 €9.73

3.98%

Chicken Fillets (1kg)

$10.28 €8.85

$8.38 €7.21

22.67%

Beef Round Steak (1kg)

$16.70 €14.38

$13.86 €11.93

20.49%

Apples (1kg)

$2.52 €2.17

$2.56 €2.20

-1.56%

Banana (1kg)

$2.47 €2.13

$1.77 €1.53

39.55%

Oranges (1kg)

$2.29 €1.97

$2.06 €1.78

11.17%

Tomato (1kg)

$2.51 €2.16

$2.35 €2.02

6.81%

Potato (1kg)

$2.18 €1.87

$1.83 €1.58

19.13%

Onion (1kg)

$2.64 €2.28

$1.97 €1.70

34.01%

Lettuce (1 head)

$1.85 €1.60

$1.65 €1.42

12.12%

Water (1.5 liter bottle)

$0.89 €0.76

$0.71 €0.61

25.35%

Cigarettes 20 Pack (Marlboro, Camel)

$4.49 €3.87

$6.50 €5.59

-30.92%

Wine (Bottle)

$7.09 €6.10

$5.84 €5.03

21.40%

Local Beer (0.5 liter bottle)

$1.55 €1.34

$1.54 €1.33

0.65%

Imported Beer (0.33 liter bottle)

$3.85 €3.32

$1.99 €1.71

93.47%

One-way Ticket (Public Transport)

$1.66 €1.43

$1.70 €1.46

-2.35%

Public Transport Monthly Pass (Regular Price)

$16.51 €14.21

$33.29 €28.66

-50.41%

Taxi Start (Normal Tariff)

$3.41 €2.94

$3.57 €3.07

-4.48%

Taxi (Normal Tariff) (1km)

$1.28 €1.10

$1.25 €1.07

2.40%

Taxi 1hour Waiting (Normal Tariff)

$23.52 €20.25

$24.91 €21.45

-5.58%

Gasoline (1 liter)

$1.68 €1.44

$1.74 €1.50

-3.45%

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

$38.6K €33.2K

$34.3K €29.6K

12.44%

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

$29.8K €25.6K

$33.1K €28.5K

-9.91%

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

$81.3 €70.0

$144 €124

-43.44%

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

$21.11 €18.17

$13.62 €11.73

54.99%

Internet (50+ Mbps, Unlimited Data)

$29.45 €25.36

$29.97 €25.81

-1.74%

Gym Membership (Monthly)

$52.9 €45.52

$41.51 €35.75

27.34%

Tennis Court (1 Hour on Weekend)

$19.13 €16.47

$13.13 €11.31

45.70%

Cinema Ticket

$9.18 €7.90

$9.95 €8.57

-7.74%

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

$520 €448

$592 €510

-12.22%

International Primary School, 1 Child (Yearly)

$6,497 €5,594

$11.8K €10.1K

-44.76%

Jeans (Levis 501 Or Similar)

$102 €88.3

$103 €89.0

-0.88%

Summer Dress (H&M, Zara, etc)

$53.0 €45.67

$37.03 €31.89

43.24%

Sport Shoes (Adidas, Nike)

$107 €92.1

$101 €87.3

5.48%

Men's Leather Business Shoes

$147 €127

$127 €109

16.33%

1-bedroom Apartment, City Center (Monthly)

$992 €854

$1,209 €1,041

-17.92%

1-bedroom Apartment, Outside City Center (Monthly)

$828 €713

$922 €794

-10.21%

3-bedroom Apartment, City Center (Monthly)

$1,462 €1,259

$2,004 €1,725

-27.05%

3-bedroom Apartment, Outside City Center (Monthly)

$1,338 €1,152

$1,352 €1,164

-1.03%

Buy Apartment in City Center (m2)

$3,252 €2,800

$5,831 €5,021

-44.23%

Buy Apartment Outside City Center (m2)

$1,960 €1,688

$3,606 €3,105

-45.63%

Average Monthly Net Salary (After Tax)

$1,746 €1,504

$1,964 €1,691

-11.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.44

-0.29%

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 Valencia: June 1, 2026

Cost Breakdown

A central one-bedroom costs $992 in Las Palmas de Gran Canaria versus $1,209 in Valencia. 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 12% higher in Valencia, 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 Las Palmas de Gran Canaria versus $57.0 in Valencia. Monthly groceries follow the same trend: $301 vs $252 – making Valencia 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

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

Yes – Valencia is pricier by about 7%, and the gap shows up most in Groceries & Markets. 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 $2,788 in Valencia. 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 $1,859 in Valencia. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 102% 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 Valencia at $1,859. In Las Palmas de Gran Canaria it covers expenses comfortably, while in Valencia 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, Valencia makes more sense. Both are solid long-term options with distinct trade-offs.