Last update: Oct 2026

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

For one person, living is cheaper in Las Palmas de Gran Canaria: $1,705 a month against $2,078 in Valencia, rent and utilities included – about $4,500 less a year. Rent and utilities account for most of the difference.

82

Cost of Living Index in Las Palmas de Gran Canaria
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Las Palmas de Gran Canaria Living Index
100

Cost of Living Index in Valencia
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Valencia Living Index

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Las Palmas de Gran Canaria

🇪🇸 Spain

$1,705

/mo nomad

Valencia

🇪🇸 Spain

$2,078

/mo nomad

Monthly Cost of Living

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

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 Valencia actually costs, broken down by who's living it.

A single person spends $1,705 per month in Las Palmas de Gran Canaria vs $2,054 in Valencia, rent included.

Las Palmas de Gran Canaria $1,705
Valencia $2,054

A couple spends around $2,562 per month in Las Palmas de Gran Canaria vs $3,045 in Valencia, rent included.

Las Palmas de Gran Canaria $2,562
Valencia $3,045

A family of three spends $3,420 per month in Las Palmas de Gran Canaria vs $4,035 in Valencia, rent included.

Las Palmas de Gran Canaria $3,420
Valencia $4,035

Las Palmas de Gran Canaria is about 17% cheaper than Valencia, and outside of rent the biggest gap is in eating out.

Both Las Palmas de Gran Canaria and Valencia sit above the global median – Las Palmas de Gran Canaria by 26%, Valencia by 52%.

Meal at Budget Restaurant

$13.21 €11.75

$19.28 €17.15

-31.48%

Three-Course Dinner for Two, Mid-Range

$73.8 €65.6

$67.1 €59.7

10.00%

Fast Food Meal (McDonalds, etc)

$10.46 €9.30

$12.24 €10.89

-14.54%

Cappuccino

$2.56 €2.28

$2.64 €2.34

-3.03%

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

$2.20 €1.96

$2.50 €2.22

-12.00%

Water (0.33 liter bottle)

$1.60 €1.42

$2.00 €1.78

-20.00%

Local Beer (0.5 liter draught)

$3.09 €2.75

$3.46 €3.08

-10.69%

Imported Beer (0.33 liter bottle)

$3.55 €3.16

$4.40 €3.92

-19.32%

Milk (1 liter)

$1.13 €1.01

$1.19 €1.05

-5.04%

White Bread (500g)

$1.64 €1.46

$1.35 €1.20

21.48%

Rice (white) (1kg)

$1.63 €1.45

$1.79 €1.59

-8.94%

Eggs

$3.73 €3.32

$3.52 €3.13

5.97%

Local Cheese (1kg)

$11.87 €10.56

$10.81 €9.62

9.81%

Chicken Fillets (1kg)

$9.86 €8.77

$8.07 €7.18

22.18%

Beef Round Steak (1kg)

$18.21 €16.20

$16.06 €14.29

13.39%

Apples (1kg)

$2.60 €2.31

$2.52 €2.24

3.17%

Banana (1kg)

$2.66 €2.36

$1.91 €1.70

39.27%

Oranges (1kg)

$2.26 €2.01

$1.86 €1.66

21.51%

Tomato (1kg)

$2.62 €2.33

Potato (1kg)

$2.31 €2.06

$1.70 €1.51

35.88%

Onion (1kg)

$2.38 €2.12

$1.77 €1.57

34.46%

Lettuce (1 head)

$1.99 €1.77

$1.15 €1.02

73.04%

Water (1.5 liter bottle)

$0.87 €0.77

$0.75 €0.66

16.00%

Cigarettes 20 Pack (Marlboro, Camel)

$4.58 €4.07

$6.55 €5.82

-30.08%

Wine (Bottle)

$6.93 €6.16

$5.49 €4.89

26.23%

Local Beer (0.5 liter bottle)

$1.80 €1.61

$1.34 €1.19

34.33%

Imported Beer (0.33 liter bottle)

$2.62 €2.33

$1.65 €1.47

58.79%

One-way Ticket (Public Transport)

$1.76 €1.57

$2.18 €1.94

-19.27%

Public Transport Monthly Pass (Regular Price)

$15.47 €13.76

$38.84 €34.55

-60.17%

Taxi Start (Normal Tariff)

$3.45 €3.07

$4.46 €3.97

-22.65%

Taxi (Normal Tariff) (1km)

$2.29 €2.03

$1.33 €1.19

72.18%

Taxi 1hour Waiting (Normal Tariff)

$28.59 €25.43

$23.56 €20.96

21.35%

Gasoline (1 liter)

$1.74 €1.55

$1.81 €1.61

-3.87%

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

$30.8K €27.4K

$33.8K €30.0K

-8.81%

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

$31.8K €28.3K

$31.7K €28.2K

0.12%

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

$114 €102

$157 €140

-27.12%

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

$19.81 €17.62

$16.29 €14.49

21.61%

Internet (50+ Mbps, Unlimited Data)

$28.65 €25.48

$34.31 €30.52

-16.50%

Gym Membership (Monthly)

$42.84 €38.11

$42.78 €38.05

0.14%

Tennis Court (1 Hour on Weekend)

$16.59 €14.75

$8.69 €7.73

90.91%

Cinema Ticket

$8.92 €7.94

$10.81 €9.61

-17.48%

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

$482 €429

$584 €519

-17.34%

International Primary School, 1 Child (Yearly)

$6,731 €5,987

$9,663 €8,595

-30.34%

Jeans (Levis 501 Or Similar)

$86.6 €77.0

$90.8 €80.7

-4.63%

Summer Dress (H&M, Zara, etc)

$37.36 €33.23

$41.38 €36.81

-9.71%

Sport Shoes (Adidas, Nike)

$90.0 €80.1

$94.1 €83.7

-4.37%

Men's Leather Business Shoes

$122 €108

$120 €107

1.50%

1-bedroom Apartment, City Center (Monthly)

$993 €883

$1,405 €1,250

-29.35%

1-bedroom Apartment, Outside City Center (Monthly)

$789 €702

$1,069 €951

-26.19%

3-bedroom Apartment, City Center (Monthly)

$1,584 €1,409

$2,314 €2,058

-31.55%

3-bedroom Apartment, Outside City Center (Monthly)

$1,235 €1,099

$1,673 €1,488

-26.14%

Buy Apartment in City Center (m2)

$3,210 €2,856

$5,572 €4,956

-42.39%

Buy Apartment Outside City Center (m2)

$1,867 €1,661

$3,316 €2,950

-43.69%

Average Monthly Net Salary (After Tax)

$1,726 €1,535

$1,862 €1,656

-7.32%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

3.41

-7.62%

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

Last update for Las Palmas de Gran Canaria: October 20, 2026

Last update for Valencia: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Las Palmas de Gran Canaria

$789 46.3%

Valencia

$1.1K 51.5% 35.5% $280

Groceries & Markets

Las Palmas de Gran Canaria

$298 17.5%

Valencia

$255 12.3% 14.3% $43

Eating Out

Las Palmas de Gran Canaria

$206 12.1%

Valencia

$267 12.8% 29.7% $61

Monthly Utilities & Internet

Las Palmas de Gran Canaria

$163 9.6%

Valencia

$208 10% 27.5% $45

Clothing & Footwear

Las Palmas de Gran Canaria

$151 8.9%

Valencia

$156 7.5% 3.1% $4.8

Sport & Entertainment

Las Palmas de Gran Canaria

$61 3.6%

Valencia

$64 3.1% 6.1% $3.7

Getting Around

Las Palmas de Gran Canaria

$37 2.2%

Valencia

$59 2.8% 57% $21

Cost Breakdown

A central one-bedroom costs $964 in Las Palmas de Gran Canaria versus $1,393 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 13% 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 $72.0 in Las Palmas de Gran Canaria versus $68.0 in Valencia. Monthly groceries follow the same trend: $294 vs $252 – making Valencia the more affordable choice for daily food spending.

Good to know

🇪🇸 Las Palmas de Gran Canaria

🇪🇸 Valencia

🕒 Local time

10:41 10:41 AM

11:41 11:41 AM

1 h ahead of Las Palmas de Gran Canaria

🌤 Weather

👥 Population

378,027

807,693

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Las Palmas de Gran Canaria Valencia 1,870 km ≈ 2 h 45 min nonstop flight

From you

Las Palmas de Gran Canaria
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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 21%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,557 per month in Las Palmas de Gran Canaria and $3,082 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 $1,705 in Las Palmas de Gran Canaria and $2,054 in Valencia. That's a gap of about 21%.

Public transport costs about 150% 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 $1,705, than in Valencia at $2,054. 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.