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

😐 Solo nomad: Madrid is 13.2% more expensive than Las Palmas de Gran Canaria without rent, and 34.1% more expensive with rent.
😐 Family of 3: Madrid is 13.5% more expensive than Las Palmas de Gran Canaria without rent, and 23.6% more expensive with rent.
Currency
🍽 Eating Out
Madrid
Las Palmas de Gran Canaria
Difference
Meal at Budget Restaurant
$17.03 €14.7
$11.93 €10.3
42.75%
Three-Course Dinner for Two, Mid-Range
$70.3 €60.7
$57.5 €49.65
22.22%
Fast Food Meal (McDonalds, etc)
$11.77 €10.16
$10.23 €8.84
15.05%
Cappuccino
$3.21 €2.77
$2.26 €1.95
42.04%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.18 €2.75
$2.2 €1.9
44.55%
Water (0.33 liter bottle)
$2.1 €1.82
$1.18 €1.02
77.97%
Local Beer (0.5 liter draught)
$4.13 €3.56
$2.96 €2.55
39.53%
Imported Beer (0.33 liter bottle)
$4.49 €3.88
$4.3 €3.71
4.42%
🛒 Groceries & Markets
Madrid
Las Palmas de Gran Canaria
Difference
Milk (1 liter)
$1.23 €1.07
$1.23 €1.06
-
White Bread (500g)
$1.63 €1.41
$2.04 €1.76
-20.10%
Rice (white) (1kg)
$1.64 €1.41
$2.13 €1.84
-23.00%
Eggs
$3.34 €2.89
$3.38 €2.92
-1.18%
Local Cheese (1kg)
$14.88 €12.84
$11.9 €10.28
25.04%
Chicken Fillets (1kg)
$9.04 €7.81
$10.01 €8.64
-9.69%
Beef Round Steak (1kg)
$16.8 €14.5
$17.16 €14.82
-2.10%
Apples (1kg)
$2.73 €2.35
$2.49 €2.15
9.64%
Banana (1kg)
$2.15 €1.86
$2.52 €2.18
-14.68%
Oranges (1kg)
$2.5 €2.16
$2.2 €1.9
13.64%
Tomato (1kg)
$2.67 €2.31
$2.64 €2.28
1.14%
Potato (1kg)
$2.14 €1.85
$2.19 €1.89
-2.28%
Onion (1kg)
$2.16 €1.87
$2.75 €2.38
-21.45%
Lettuce (1 head)
$1.35 €1.17
$1.79 €1.55
-24.58%
Water (1.5 liter bottle)
$0.93 €0.81
$0.89 €0.77
4.49%
Cigarettes 20 Pack (Marlboro, Camel)
$7.12 €6.15
$4.6 €3.97
54.78%
Wine (Bottle)
$7.96 €6.87
$6.41 €5.54
24.18%
Local Beer (0.5 liter bottle)
$1.39 €1.2
$1.64 €1.41
-15.24%
Imported Beer (0.33 liter bottle)
$2.27 €1.96
$3.79 €3.27
-40.11%
🚌 Getting Around
Madrid
Las Palmas de Gran Canaria
Difference
One-way Ticket (Public Transport)
$1.71 €1.47
$1.63 €1.41
4.91%
Public Transport Monthly Pass (Regular Price)
$48.37 €41.77
$16.25 €14.03
197.66%
Taxi Start (Normal Tariff)
$4.15 €3.59
$3.4 €2.94
22.06%
Taxi (Normal Tariff) (1km)
$1.34 €1.15
$1.28 €1.11
4.69%
Taxi 1hour Waiting (Normal Tariff)
$28.54 €24.64
$22.89 €19.76
24.68%
Gasoline (1 liter)
$1.86 €1.6
$1.67 €1.44
11.38%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.9K €32.7K
$37.9K €32.7K
-0.03%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$34.2K €29.5K
$29.8K €25.7K
14.76%
🧾 Monthly Utilities & Internet
Madrid
Las Palmas de Gran Canaria
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$191 €165
$81.5 €70.4
134.57%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$21.25 €18.35
$20.91 €18.05
1.63%
Internet (50+ Mbps, Unlimited Data)
$35.96 €31.05
$29.88 €25.8
20.35%
🎉 Sport & Entertainment
Madrid
Las Palmas de Gran Canaria
Difference
Gym Membership (Monthly)
$54 €46.59
$50.9 €43.95
5.99%
Tennis Court (1 Hour on Weekend)
$17.96 €15.51
$18.63 €16.09
-3.60%
Cinema Ticket
$11.51 €9.94
$9.48 €8.19
21.41%
🧸 Childcare & Education
Madrid
Las Palmas de Gran Canaria
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$674 €582
$520 €449
29.59%
International Primary School, 1 Child (Yearly)
$11.8K €10.2K
$6,454 €5,572
83.43%
👕👟 Clothing & Footwear
Madrid
Las Palmas de Gran Canaria
Difference
Jeans (Levis 501 Or Similar)
$95.7 €82.6
$103 €89.1
-7.28%
Summer Dress (H&M, Zara, etc)
$41.6 €35.92
$51.4 €44.37
-19.05%
Sport Shoes (Adidas, Nike)
$105 €91.1
$108 €93.4
-2.51%
Men's Leather Business Shoes
$132 €114
$149 €129
-11.67%
🏠 Accommodation & Living
Madrid
Las Palmas de Gran Canaria
Difference
1-bedroom Apartment, City Center (Monthly)
$1,561 €1,348
$988 €853
58.03%
1-bedroom Apartment, Outside City Center (Monthly)
$1,109 €958
$813 €702
36.42%
3-bedroom Apartment, City Center (Monthly)
$2,840 €2,452
$1,464 €1,264
93.99%
3-bedroom Apartment, Outside City Center (Monthly)
$1,884 €1,626
$1,342 €1,158
40.40%
Buy Apartment in City Center (m2)
$8,381 €7,236
$2,898 €2,502
189.17%
Buy Apartment Outside City Center (m2)
$4,938 €4,263
$1,687 €1,457
192.71%
💵 Salaries & Financials
Madrid
Las Palmas de Gran Canaria
Difference
Average Monthly Net Salary (After Tax)
$2,579 €2,227
$1,788 €1,544
44.25%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.43
3.43
-

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

Last update for Madrid: October 29, 2025

Last update for Las Palmas de Gran Canaria: October 29, 2025

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