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

Monthly Cost of Living

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

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

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

Lisbon costs about 27% more than Las Palmas de Gran Canaria, driven mainly by Eating Out.

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

Currency
🍽 Eating Out
Lisbon
Las Palmas de Gran Canaria
Difference
Meal at Budget Restaurant
$15.91 €13.70
$12.20 €10.51
30.41%
Three-Course Dinner for Two, Mid-Range
$64.8 €55.8
$58.0 €49.95
11.67%
Fast Food Meal (McDonalds, etc)
$10.51 €9.05
$10.60 €9.12
-0.85%
Cappuccino
$2.87 €2.47
$2.28 €1.96
25.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.24 €1.93
$2.11 €1.82
6.16%
Water (0.33 liter bottle)
$1.50 €1.30
$1.25 €1.07
20.00%
Local Beer (0.5 liter draught)
$3.49 €3.01
$2.81 €2.42
24.20%
Imported Beer (0.33 liter bottle)
$3.88 €3.34
$4.31 €3.71
-9.98%
🛒 Groceries & Markets
Lisbon
Las Palmas de Gran Canaria
Difference
Milk (1 liter)
$1.14 €0.98
$1.23 €1.06
-7.32%
White Bread (500g)
$1.75 €1.51
$2.13 €1.83
-17.84%
Rice (white) (1kg)
$1.76 €1.51
$2.06 €1.77
-14.56%
Eggs
$3.22 €2.77
$3.37 €2.91
-4.45%
Local Cheese (1kg)
$13.49 €11.62
$11.76 €10.13
14.71%
Chicken Fillets (1kg)
$7.91 €6.81
$10.28 €8.85
-23.05%
Beef Round Steak (1kg)
$15.87 €13.67
$16.70 €14.38
-4.97%
Apples (1kg)
$2.31 €1.99
$2.52 €2.17
-8.33%
Banana (1kg)
$1.70 €1.46
$2.47 €2.13
-31.17%
Oranges (1kg)
$2.01 €1.73
$2.29 €1.97
-12.23%
Tomato (1kg)
$2.46 €2.12
$2.51 €2.16
-1.99%
Potato (1kg)
$1.84 €1.59
$2.18 €1.87
-15.60%
Onion (1kg)
$2.00 €1.72
$2.64 €2.28
-24.24%
Lettuce (1 head)
$1.93 €1.66
$1.85 €1.60
4.32%
Water (1.5 liter bottle)
$0.79 €0.68
$0.89 €0.76
-11.24%
Cigarettes 20 Pack (Marlboro, Camel)
$6.61 €5.69
$4.49 €3.87
47.22%
Wine (Bottle)
$5.72 €4.93
$7.09 €6.10
-19.32%
Local Beer (0.5 liter bottle)
$1.37 €1.18
$1.55 €1.34
-11.61%
Imported Beer (0.33 liter bottle)
$2.97 €2.56
$3.85 €3.32
-22.86%
🚌 Getting Around
Lisbon
Las Palmas de Gran Canaria
Difference
One-way Ticket (Public Transport)
$2.37 €2.04
$1.66 €1.43
42.77%
Public Transport Monthly Pass (Regular Price)
$45.56 €39.23
$16.51 €14.21
175.95%
Taxi Start (Normal Tariff)
$4.29 €3.69
$3.41 €2.94
25.81%
Taxi (Normal Tariff) (1km)
$0.82 €0.70
$1.28 €1.10
-35.94%
Taxi 1hour Waiting (Normal Tariff)
$18.30 €15.76
$23.52 €20.25
-22.19%
Gasoline (1 liter)
$2.06 €1.78
$1.68 €1.44
22.62%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.3K €29.5K
$38.6K €33.2K
-11.16%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.3K €33.8K
$29.8K €25.6K
31.95%
🧾 Monthly Utilities & Internet
Lisbon
Las Palmas de Gran Canaria
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 €127
$81.3 €70.0
81.81%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.52 €17.67
$21.11 €18.17
-2.79%
Internet (50+ Mbps, Unlimited Data)
$39.61 €34.11
$29.45 €25.36
34.50%
🎉 Sport & Entertainment
Lisbon
Las Palmas de Gran Canaria
Difference
Gym Membership (Monthly)
$47.85 €41.20
$52.9 €45.52
-9.48%
Tennis Court (1 Hour on Weekend)
$18.92 €16.29
$19.13 €16.47
-1.10%
Cinema Ticket
$9.18 €7.91
$9.18 €7.90
-
🧸 Childcare & Education
Lisbon
Las Palmas de Gran Canaria
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$614 €529
$520 €448
18.10%
International Primary School, 1 Child (Yearly)
$16.0K €13.8K
$6,497 €5,594
147.04%
👕👟 Clothing & Footwear
Lisbon
Las Palmas de Gran Canaria
Difference
Jeans (Levis 501 Or Similar)
$105 €90.1
$102 €88.3
2.12%
Summer Dress (H&M, Zara, etc)
$42.06 €36.22
$53.0 €45.67
-20.70%
Sport Shoes (Adidas, Nike)
$94.0 €80.9
$107 €92.1
-12.11%
Men's Leather Business Shoes
$120 €103
$147 €127
-18.76%
🏠 Accommodation & Living
Lisbon
Las Palmas de Gran Canaria
Difference
1-bedroom Apartment, City Center (Monthly)
$1,628 €1,402
$992 €854
64.08%
1-bedroom Apartment, Outside City Center (Monthly)
$1,255 €1,081
$828 €713
51.62%
3-bedroom Apartment, City Center (Monthly)
$3,030 €2,609
$1,462 €1,259
107.29%
3-bedroom Apartment, Outside City Center (Monthly)
$2,020 €1,740
$1,338 €1,152
50.97%
Buy Apartment in City Center (m2)
$7,800 €6,716
$3,252 €2,800
139.86%
Buy Apartment Outside City Center (m2)
$4,273 €3,679
$1,960 €1,688
117.97%
💵 Salaries & Financials
Lisbon
Las Palmas de Gran Canaria
Difference
Average Monthly Net Salary (After Tax)
$1,603 €1,381
$1,746 €1,504
-8.18%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.81
3.43
11.08%

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

Last update for Lisbon: June 1, 2026

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

Cost Breakdown

A central one-bedroom costs $1,628 in Lisbon versus $992 in Las Palmas de Gran Canaria. 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 $65.0 in Lisbon versus $58.0 in Las Palmas de Gran Canaria. Groceries tell a different story – $269 in Lisbon vs $301 in Las Palmas de Gran Canaria – 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
Lisbon vs Las Palmas de Gran Canaria: Cost of Living - Frequently Asked Questions
Is Las Palmas de Gran Canaria cheaper than Lisbon?
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.
What income do you need for each city?
For a comfortable life, plan on about $3,315 per month in Lisbon and $2,616 in Las Palmas de Gran Canaria. 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 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.
What are total monthly expenses in Lisbon vs Las Palmas de Gran Canaria?
Monthly expenses with rent come to $2,210 in Lisbon and $1,744 in Las Palmas de Gran Canaria. The difference isn't just one category – it shows up across housing, food, transport, and services.
Which city has cheaper public transport?
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.
Is $2,500 a realistic budget for Lisbon or Las Palmas de Gran Canaria?
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.
Is Lisbon or Las Palmas de Gran Canaria more family-friendly?
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.
Which city is safer, Lisbon or Las Palmas de Gran Canaria?
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 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.

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