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 19% more expensive than Gran Canaria, Canary Islands without rent, and 36.9% more expensive with rent.

😐 Family of 3: Madrid is 15.6% more expensive than Gran Canaria, Canary Islands without rent, and 40.6% more expensive with rent.

Meal at Budget Restaurant

$17.7 €15.25

$15.17 €13.07

16.68%

Three-Course Dinner for Two, Mid-Range

$70.3 €60.5

$57.1 €49.14

23.19%

Fast Food Meal (McDonalds, etc)

$11.87 €10.22

$10.62 €9.15

11.77%

Cappuccino

$3.07 €2.65

$2.25 €1.94

36.44%

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

$3.06 €2.64

$2.29 €1.97

33.62%

Water (0.33 liter bottle)

$2.19 €1.88

$1.69 €1.46

29.59%

Local Beer (0.5 liter draught)

$4.15 €3.58

$3.27 €2.82

26.91%

Imported Beer (0.33 liter bottle)

$4.58 €3.95

$3.41 €2.94

34.31%

Milk (1 liter)

$1.18 €1.02

$1.14 €0.98

3.51%

White Bread (500g)

$1.71 €1.47

$1.42 €1.23

20.42%

Rice (white) (1kg)

$1.7 €1.47

$1.62 €1.39

4.94%

Eggs

$3.4 €2.93

$2.89 €2.49

17.65%

Local Cheese (1kg)

$14.84 €12.78

$13.48 €11.61

10.09%

Chicken Fillets (1kg)

$9.04 €7.78

$8.44 €7.27

7.11%

Beef Round Steak (1kg)

$17.1 €14.73

$14.8 €12.75

15.54%

Apples (1kg)

$2.66 €2.29

$2.46 €2.12

8.13%

Banana (1kg)

$2.22 €1.91

$1.95 €1.68

13.85%

Oranges (1kg)

$2.58 €2.22

$1.92 €1.65

34.38%

Tomato (1kg)

$2.65 €2.28

$2.63 €2.27

0.76%

Potato (1kg)

$2.05 €1.77

$1.71 €1.47

19.88%

Onion (1kg)

$2.14 €1.84

$1.99 €1.71

7.54%

Lettuce (1 head)

$1.33 €1.14

$1.31 €1.13

1.53%

Water (1.5 liter bottle)

$0.97 €0.83

$0.76 €0.65

27.63%

Cigarettes 20 Pack (Marlboro, Camel)

$6.77 €5.83

$6.31 €5.44

7.29%

Wine (Bottle)

$8.14 €7.01

$5.66 €4.88

43.82%

Local Beer (0.5 liter bottle)

$1.46 €1.25

$1.24 €1.07

17.74%

Imported Beer (0.33 liter bottle)

$2.27 €1.95

$2.12 €1.82

7.08%

One-way Ticket (Public Transport)

$1.79 €1.54

$1.72 €1.48

4.07%

Public Transport Monthly Pass (Regular Price)

$49.1 €42.29

$34.75 €29.93

41.29%

Taxi Start (Normal Tariff)

$4.07 €3.51

$3.97 €3.42

2.52%

Taxi (Normal Tariff) (1km)

$1.36 €1.18

$1.2 €1.04

13.33%

Taxi 1hour Waiting (Normal Tariff)

$29.16 €25.12

$24.63 €21.21

18.39%

Gasoline (1 liter)

$1.84 €1.58

$1.82 €1.57

1.10%

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

$37.6K €32.4K

$38.9K €33.5K

-3.20%

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

$33.5K €28.9K

$29.9K €25.8K

11.98%

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

$191 €165

$135 €116

42.07%

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

$21.63 €18.63

$21.06 €18.14

2.71%

Internet (50+ Mbps, Unlimited Data)

$35.54 €30.61

$31.57 €27.19

12.58%

Gym Membership (Monthly)

$53.6 €46.16

$47.93 €41.28

11.81%

Tennis Court (1 Hour on Weekend)

$17.78 €15.31

$15.16 €13.06

17.28%

Cinema Ticket

$11.49 €9.89

$9.22 €7.94

24.62%

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

$672 €579

$402 €346

67.16%

International Primary School, 1 Child (Yearly)

$12.2K €10.5K

$8,155 €7,024

49.73%

Jeans (Levis 501 Or Similar)

$96.9 €83.5

$83.6 €72

15.92%

Summer Dress (H&M, Zara, etc)

$42.74 €36.81

$35.23 €30.34

21.32%

Sport Shoes (Adidas, Nike)

$107 €91.9

$87.7 €75.5

21.67%

Men's Leather Business Shoes

$133 €114

$108 €93.4

22.47%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,390

$868 €748

85.90%

1-bedroom Apartment, Outside City Center (Monthly)

$1,137 €979

$691 €595

64.59%

3-bedroom Apartment, City Center (Monthly)

$2,835 €2,441

$1,336 €1,151

112.20%

3-bedroom Apartment, Outside City Center (Monthly)

$1,900 €1,637

$989 €851

92.22%

Buy Apartment in City Center (m2)

$8,577 €7,387

$3,354 €2,889

155.71%

Buy Apartment Outside City Center (m2)

$4,953 €4,266

$2,358 €2,031

110.09%

Average Monthly Net Salary (After Tax)

$2,659 €2,290

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: November 30, 2025

Last update for Gran Canaria, Canary Islands: November 30, 2025

Digital Nomad Cost of Living Index

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