Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Gran Canaria, Canary Islands

For one person, living is cheaper in Gran Canaria, Canary Islands: $1,610 a month against $2,202 in Lisbon, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

Lisbon
🇵🇹 Portugal
$2,202
/mo nomad
Gran Canaria, Canary Islands
🇪🇸 Spain
$1,610
/mo nomad
Monthly Cost of Living

How much you'll spend in Lisbon and in Gran Canaria, Canary Islands

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

A single person spends $2,202 per month in Lisbon vs $1,610 in Gran Canaria, Canary Islands, rent included.

  • Lisbon $2,202
  • Gran Canaria, Canary Islands $1,610

A couple spends around $3,274 per month in Lisbon vs $2,368 in Gran Canaria, Canary Islands, rent included.

  • Lisbon $3,274
  • Gran Canaria, Canary Islands $2,368

A family of three spends $4,346 per month in Lisbon vs $3,126 in Gran Canaria, Canary Islands, rent included.

  • Lisbon $4,346
  • Gran Canaria, Canary Islands $3,126

Lisbon costs about 37% more than Gran Canaria, Canary Islands, and outside of rent the biggest gap is in eating out.

Both Lisbon and Gran Canaria, Canary Islands sit above the global median – Lisbon by 62%, Gran Canaria, Canary Islands by 19%.

Currency
🍽 Eating Out
Lisbon
Gran Canaria, Canary Islands
Difference
Meal at Budget Restaurant
$17.04 €15.15
$14.81 €13.18
15.06%
Three-Course Dinner for Two, Mid-Range
$62.3 €55.4
$57.1 €50.8
9.07%
Fast Food Meal (McDonalds, etc)
$11.02 €9.80
$10.31 €9.17
6.89%
Cappuccino
$3.12 €2.78
$2.17 €1.93
43.78%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.27 €2.02
$2.39 €2.12
-5.02%
Water (0.33 liter bottle)
$1.74 €1.55
$1.70 €1.51
2.35%
Local Beer (0.5 liter draught)
$3.42 €3.04
$3.40 €3.03
0.59%
Imported Beer (0.33 liter bottle)
$3.74 €3.33
$3.41 €3.04
9.68%
🛒 Groceries & Markets
Lisbon
Gran Canaria, Canary Islands
Difference
Milk (1 liter)
$1.17 €1.04
$1.19 €1.06
-1.68%
White Bread (500g)
$1.86 €1.66
$1.36 €1.21
36.76%
Rice (white) (1kg)
$1.54 €1.37
$1.67 €1.48
-7.78%
Eggs
$4.06 €3.61
$2.89 €2.57
40.48%
Local Cheese (1kg)
$12.91 €11.49
$13.52 €12.03
-4.51%
Chicken Fillets (1kg)
$7.90 €7.03
$8.22 €7.31
-3.89%
Beef Round Steak (1kg)
$17.64 €15.69
$15.10 €13.43
16.82%
Apples (1kg)
$2.26 €2.01
$2.51 €2.23
-9.96%
Banana (1kg)
$1.75 €1.55
$1.96 €1.74
-10.71%
Oranges (1kg)
$1.89 €1.68
$1.97 €1.75
-4.06%
Tomato (1kg)
$2.56 €2.27
$2.59 €2.30
-1.16%
Potato (1kg)
$1.85 €1.64
$1.73 €1.54
6.94%
Onion (1kg)
$1.97 €1.75
$2.02 €1.80
-2.48%
Lettuce (1 head)
$1.45 €1.29
$1.33 €1.18
9.02%
Water (1.5 liter bottle)
$0.77 €0.69
$0.70 €0.62
10.00%
Cigarettes 20 Pack (Marlboro, Camel)
$6.71 €5.97
$6.46 €5.75
3.87%
Wine (Bottle)
$5.67 €5.04
$5.73 €5.10
-1.05%
Local Beer (0.5 liter bottle)
$1.37 €1.22
$1.20 €1.07
14.17%
Imported Beer (0.33 liter bottle)
$2.11 €1.88
$2.05 €1.83
2.93%
🚌 Getting Around
Lisbon
Gran Canaria, Canary Islands
Difference
One-way Ticket (Public Transport)
$2.32 €2.07
$1.69 €1.50
37.28%
Public Transport Monthly Pass (Regular Price)
$44.43 €39.52
$33.64 €29.92
32.07%
Taxi Start (Normal Tariff)
$3.95 €3.51
$4.09 €3.64
-3.42%
Taxi (Normal Tariff) (1km)
$1.05 €0.93
$1.26 €1.12
-16.67%
Taxi 1hour Waiting (Normal Tariff)
$17.15 €15.26
$25.03 €22.26
-31.48%
Gasoline (1 liter)
$2.19 €1.95
$1.76 €1.57
24.43%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$33.8K €30.0K
$38.3K €34.1K
-11.77%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.3K €34.0K
$30.3K €27.0K
26.17%
🧾 Monthly Utilities & Internet
Lisbon
Gran Canaria, Canary Islands
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$164 €146
$135 €120
21.75%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.48 €16.43
$20.74 €18.45
-10.90%
Internet (50+ Mbps, Unlimited Data)
$32.96 €29.32
$30.89 €27.48
6.70%
🎉 Sport & Entertainment
Lisbon
Gran Canaria, Canary Islands
Difference
Gym Membership (Monthly)
$45.87 €40.80
$47.30 €42.08
-3.02%
Tennis Court (1 Hour on Weekend)
$18.68 €16.61
$15.03 €13.37
24.28%
Cinema Ticket
$9.75 €8.67
$9.02 €8.03
8.09%
🧸 Childcare & Education
Lisbon
Gran Canaria, Canary Islands
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$684 €608
$413 €367
65.76%
International Primary School, 1 Child (Yearly)
$17.6K €15.7K
$8,267 €7,353
113.22%
👕👟 Clothing & Footwear
Lisbon
Gran Canaria, Canary Islands
Difference
Jeans (Levis 501 Or Similar)
$104 €92.3
$84.1 €74.8
23.37%
Summer Dress (H&M, Zara, etc)
$46.20 €41.09
$34.68 €30.84
33.22%
Sport Shoes (Adidas, Nike)
$99.7 €88.7
$87.4 €77.8
14.06%
Men's Leather Business Shoes
$125 €111
$107 €95.5
16.15%
🏠 Accommodation & Living
Lisbon
Gran Canaria, Canary Islands
Difference
1-bedroom Apartment, City Center (Monthly)
$1,589 €1,414
$853 €758
86.40%
1-bedroom Apartment, Outside City Center (Monthly)
$1,169 €1,040
$690 €614
69.38%
3-bedroom Apartment, City Center (Monthly)
$2,851 €2,536
$1,305 €1,161
118.47%
3-bedroom Apartment, Outside City Center (Monthly)
$1,993 €1,773
$1,016 €903
96.24%
Buy Apartment in City Center (m2)
$7,793 €6,932
$3,320 €2,953
134.75%
Buy Apartment Outside City Center (m2)
$4,418 €3,930
$2,366 €2,105
86.69%
💵 Salaries & Financials
Lisbon
Gran Canaria, Canary Islands
Difference
Average Monthly Net Salary (After Tax)
$1,600 €1,423
-
-
20-Year Fixed Mortgage Interest Rate (Annual %)
3.85
3.5
10.00%

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

Last update for Lisbon: October 19, 2026

Last update for Gran Canaria, Canary Islands: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Lisbon
$1.2K
Gran Canaria, Canary Islands
$690 41% $479
Groceries & Markets
Lisbon
$273
Gran Canaria, Canary Islands
$260 4.7% $13
Eating Out
Lisbon
$247
Gran Canaria, Canary Islands
$216 12.9% $32
Monthly Utilities & Internet
Lisbon
$215
Gran Canaria, Canary Islands
$186 13.5% $29
Clothing & Footwear
Lisbon
$168
Gran Canaria, Canary Islands
$141 16.2% $27
Sport & Entertainment
Lisbon
$65
Gran Canaria, Canary Islands
$65 0% $0
Getting Around
Lisbon
$63
Gran Canaria, Canary Islands
$51 19.3% $12

Cost Breakdown

A central one-bedroom costs $1,589 in Lisbon versus $853 in Gran Canaria, Canary Islands. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $62.0 in Lisbon versus $57.0 in Gran Canaria, Canary Islands. Monthly groceries follow the same trend: $273 vs $260 – making Gran Canaria, Canary Islands the more affordable choice for daily food spending.

Good to know
🇵🇹 Lisbon
🇪🇸 Gran Canaria, Canary Islands
🕒 Local time
03:55 3:55 AM
03:55 3:55 AM
Same time as Lisbon
🌤 Weather
👥 Population
545,923 Capital
862,893
💱 Currency
Euro EUR €
Euro EUR €
Exchange rates and currency converter

USD to EUR – Euro Converter

Euro exchange rates as of October 24, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Lisbon Gran Canaria, Canary Islands 1,340 km ≈ 2 h 15 min nonstop flight
From you
  • Lisbon
  • Gran Canaria, Canary Islands

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
Lisbon vs Gran Canaria, Canary Islands: Cost of Living - Frequently Asked Questions
Is Gran Canaria, Canary Islands cheaper than Lisbon?
Yes – Lisbon is pricier by about 37%, and outside of rent the gap shows up most in eating out.
What income do you need for each city?
For a comfortable life, plan on about $3,302 per month in Lisbon and $2,414 in Gran Canaria, Canary Islands. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Gran Canaria, Canary Islands, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper kindergarten?
Kindergarten costs $684 per month in Lisbon and $413 in Gran Canaria, Canary Islands. For families with young kids, this one expense can tip the scales when choosing between the two cities.
How do food prices compare in Lisbon and in Gran Canaria, Canary Islands?
Groceries cost about 5% more in Lisbon, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.
Is $2,500 a realistic budget for living in Lisbon or in Gran Canaria, Canary Islands?
A $2,500 monthly budget goes further in Gran Canaria, Canary Islands, where all-in costs run around $1,610, than in Lisbon at $2,202. In Gran Canaria, Canary Islands it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.
Is Lisbon or Gran Canaria, Canary Islands more family-friendly?
Families tend to lean toward Gran Canaria, Canary Islands – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Lisbon or Gran Canaria, Canary Islands?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Gran Canaria, Canary Islands. 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.

Lisbon vs other spots: cost of living compared

Similar cities

Show times on the 12-hour clock, temperatures in °F and distances in miles?