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

😐 Solo nomad: Madrid is 17.9% more expensive than Gran Canaria, Canary Islands without rent, and 39.6% more expensive with rent.

😐 Family of 3: Madrid is 17% more expensive than Gran Canaria, Canary Islands without rent, and 46.3% more expensive with rent.

Meal at Budget Restaurant

$17.20 €14.82

$15.10 €13.02

13.91%

Three-Course Dinner for Two, Mid-Range

$68.6 €59.1

$56.8 €48.93

20.86%

Fast Food Meal (McDonalds, etc)

$12.05 €10.39

$10.58 €9.12

13.89%

Cappuccino

$3.05 €2.63

$2.13 €1.83

43.19%

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

$3.18 €2.74

$2.38 €2.05

33.61%

Water (0.33 liter bottle)

$2.10 €1.81

$1.73 €1.49

21.39%

Local Beer (0.5 liter draught)

$4.15 €3.58

$3.31 €2.85

25.38%

Imported Beer (0.33 liter bottle)

$4.64 €4.00

$3.49 €3.00

32.95%

Milk (1 liter)

$1.18 €1.02

$1.20 €1.04

-1.67%

White Bread (500g)

$1.68 €1.45

$1.35 €1.17

24.44%

Rice (white) (1kg)

$1.71 €1.47

$1.68 €1.45

1.79%

Eggs

$3.36 €2.89

$2.95 €2.54

13.90%

Local Cheese (1kg)

$14.58 €12.57

$13.81 €11.90

5.58%

Chicken Fillets (1kg)

$9.04 €7.79

$8.22 €7.09

9.98%

Beef Round Steak (1kg)

$16.76 €14.45

$15.22 €13.12

10.12%

Apples (1kg)

$2.67 €2.30

$2.47 €2.13

8.10%

Banana (1kg)

$2.21 €1.91

$2.06 €1.78

7.28%

Oranges (1kg)

$2.57 €2.21

$1.88 €1.62

36.70%

Tomato (1kg)

$2.78 €2.40

$2.58 €2.23

7.75%

Potato (1kg)

$2.05 €1.77

$1.76 €1.52

16.48%

Onion (1kg)

$2.17 €1.87

$1.98 €1.71

9.60%

Lettuce (1 head)

$1.41 €1.21

$1.34 €1.15

5.22%

Water (1.5 liter bottle)

$0.93 €0.80

$0.75 €0.64

24.00%

Cigarettes 20 Pack (Marlboro, Camel)

$6.87 €5.92

$6.22 €5.36

10.45%

Wine (Bottle)

$8.06 €6.95

$5.97 €5.14

35.01%

Local Beer (0.5 liter bottle)

$1.46 €1.26

$1.26 €1.09

15.87%

Imported Beer (0.33 liter bottle)

$2.19 €1.89

$2.14 €1.85

2.34%

One-way Ticket (Public Transport)

$1.71 €1.47

$1.64 €1.42

4.27%

Public Transport Monthly Pass (Regular Price)

$48.40 €41.72

$34.35 €29.61

40.90%

Taxi Start (Normal Tariff)

$4.06 €3.50

$4.10 €3.53

-0.98%

Taxi (Normal Tariff) (1km)

$1.39 €1.20

$1.21 €1.05

14.88%

Taxi 1hour Waiting (Normal Tariff)

$29.08 €25.07

$25.13 €21.66

15.72%

Gasoline (1 liter)

$1.93 €1.67

$1.74 €1.50

10.92%

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

$37.1K €32.0K

$38.3K €33.1K

-3.33%

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

$34.3K €29.6K

$30.4K €26.2K

12.74%

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

$193 €166

$138 €119

39.45%

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

$21.00 €18.10

$21.20 €18.28

-0.94%

Internet (50+ Mbps, Unlimited Data)

$34.84 €30.03

$31.21 €26.90

11.63%

Gym Membership (Monthly)

$53.3 €45.90

$47.85 €41.25

11.29%

Tennis Court (1 Hour on Weekend)

$17.60 €15.17

$15.14 €13.05

16.25%

Cinema Ticket

$11.60 €10.00

$9.36 €8.06

23.93%

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

$672 €580

$404 €348

66.43%

International Primary School, 1 Child (Yearly)

$12.1K €10.5K

$8,111 €6,992

49.66%

Jeans (Levis 501 Or Similar)

$94.9 €81.8

$84.0 €72.4

12.89%

Summer Dress (H&M, Zara, etc)

$42.95 €37.02

$35.12 €30.28

22.29%

Sport Shoes (Adidas, Nike)

$106 €91.7

$89.7 €77.3

18.61%

Men's Leather Business Shoes

$135 €116

$108 €93.3

24.60%

1-bedroom Apartment, City Center (Monthly)

$1,578 €1,360

$842 €726

87.32%

1-bedroom Apartment, Outside City Center (Monthly)

$1,137 €980

$708 €610

60.64%

3-bedroom Apartment, City Center (Monthly)

$2,828 €2,437

$1,334 €1,150

112.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,914 €1,650

$1,004 €865

90.66%

Buy Apartment in City Center (m2)

$8,728 €7,523

$3,275 €2,823

166.54%

Buy Apartment Outside City Center (m2)

$4,762 €4,105

$2,364 €2,038

101.39%

Average Monthly Net Salary (After Tax)

$2,613 €2,252

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.5

-2.00%

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

Last update for Madrid: January 13, 2026

Last update for Gran Canaria, Canary Islands: January 12, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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