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 18.2% more expensive than Gran Canaria, Canary Islands without rent, and 38.3% more expensive with rent.

😐 Family of 3: Madrid is 18.8% more expensive than Gran Canaria, Canary Islands without rent, and 42.7% more expensive with rent.

Meal at Budget Restaurant

$17.19 €14.57

$15.34 €13.01

12.06%

Three-Course Dinner for Two, Mid-Range

$70.4 €59.7

$57.8 €48.98

21.90%

Fast Food Meal (McDonalds, etc)

$12.06 €10.23

$10.30 €8.74

17.09%

Cappuccino

$3.15 €2.67

$2.13 €1.80

47.89%

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

$3.21 €2.73

$2.37 €2.01

35.44%

Water (0.33 liter bottle)

$2.11 €1.79

$1.72 €1.45

22.67%

Local Beer (0.5 liter draught)

$3.96 €3.36

$3.39 €2.87

16.81%

Imported Beer (0.33 liter bottle)

$4.53 €3.84

$3.49 €2.96

29.80%

Milk (1 liter)

$1.25 €1.06

$1.18 €1.00

5.93%

White Bread (500g)

$1.68 €1.43

$1.36 €1.15

23.53%

Rice (white) (1kg)

$1.71 €1.45

$1.63 €1.38

4.91%

Eggs

$3.40 €2.88

$2.95 €2.50

15.25%

Local Cheese (1kg)

$14.93 €12.66

$13.64 €11.57

9.46%

Chicken Fillets (1kg)

$8.95 €7.59

$8.35 €7.08

7.19%

Beef Round Steak (1kg)

$17.18 €14.57

$15.19 €12.88

13.10%

Apples (1kg)

$2.60 €2.21

$2.47 €2.10

5.26%

Banana (1kg)

$2.19 €1.86

$2.05 €1.74

6.83%

Oranges (1kg)

$2.56 €2.17

$1.90 €1.61

34.74%

Tomato (1kg)

$2.64 €2.24

Potato (1kg)

$2.12 €1.80

$1.72 €1.46

23.26%

Onion (1kg)

$2.10 €1.78

$1.96 €1.66

7.14%

Lettuce (1 head)

$1.41 €1.19

$1.31 €1.11

7.63%

Water (1.5 liter bottle)

$0.96 €0.82

$0.71 €0.60

35.21%

Cigarettes 20 Pack (Marlboro, Camel)

$7.06 €5.99

$6.23 €5.28

13.32%

Wine (Bottle)

$8.28 €7.02

$5.85 €4.96

41.54%

Local Beer (0.5 liter bottle)

$1.45 €1.23

$1.25 €1.06

16.00%

Imported Beer (0.33 liter bottle)

$2.27 €1.92

$2.11 €1.79

7.58%

One-way Ticket (Public Transport)

$1.77 €1.50

$1.73 €1.46

2.31%

Public Transport Monthly Pass (Regular Price)

$49.35 €41.84

$34.19 €29.00

44.34%

Taxi Start (Normal Tariff)

$3.94 €3.34

$4.09 €3.47

-3.67%

Taxi (Normal Tariff) (1km)

$1.33 €1.13

$1.26 €1.07

5.56%

Taxi 1hour Waiting (Normal Tariff)

$28.57 €24.23

$24.32 €20.63

17.48%

Gasoline (1 liter)

$1.90 €1.61

$1.83 €1.55

3.83%

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

$38.4K €32.5K

$39.1K €33.1K

-1.83%

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

$34.1K €28.9K

$29.8K €25.2K

14.65%

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

$196 €166

$134 €114

45.64%

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

$21.30 €18.06

$20.80 €17.64

2.40%

Internet (50+ Mbps, Unlimited Data)

$35.85 €30.40

$31.78 €26.95

12.81%

Gym Membership (Monthly)

$53.9 €45.74

$47.82 €40.55

12.80%

Tennis Court (1 Hour on Weekend)

$17.54 €14.87

$15.34 €13.01

14.34%

Cinema Ticket

$11.36 €9.63

$9.23 €7.82

23.08%

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

$671 €569

$411 €349

63.16%

International Primary School, 1 Child (Yearly)

$11.9K €10.1K

$8,026 €6,806

48.39%

Jeans (Levis 501 Or Similar)

$94.1 €79.8

$85.1 €72.2

10.54%

Summer Dress (H&M, Zara, etc)

$42.46 €36.01

$34.91 €29.60

21.63%

Sport Shoes (Adidas, Nike)

$104 €88.6

$89.0 €75.5

17.33%

Men's Leather Business Shoes

$133 €113

$111 €93.8

20.04%

1-bedroom Apartment, City Center (Monthly)

$1,572 €1,333

$841 €713

86.97%

1-bedroom Apartment, Outside City Center (Monthly)

$1,126 €955

$693 €588

62.50%

3-bedroom Apartment, City Center (Monthly)

$2,857 €2,423

$1,306 €1,107

118.83%

3-bedroom Apartment, Outside City Center (Monthly)

$1,920 €1,628

$1,000 €848

91.95%

Buy Apartment in City Center (m2)

$9,268 €7,859

$3,357 €2,846

176.11%

Buy Apartment Outside City Center (m2)

$4,531 €3,842

$2,365 €2,005

91.58%

Average Monthly Net Salary (After Tax)

$2,609 €2,212

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: April 13, 2026

Last update for Gran Canaria, Canary Islands: April 13, 2026

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

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