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

Name: Las Palmas de Gran Canaria
Address: Las Palmas de Gran Canaria, ES

Monthly Cost of Living

A single person spends $1,802 per month in Malaga vs $1,744 in Las Palmas de Gran Canaria, rent included.

A couple spends around $2,698 per month in Malaga vs $2,636 in Las Palmas de Gran Canaria, rent included.

A family of three spends $3,593 per month in Malaga vs $3,528 in Las Palmas de Gran Canaria, rent included.

Malaga costs about 3% more than Las Palmas de Gran Canaria, driven mainly by Groceries & Markets.

Both Malaga and Las Palmas de Gran Canaria sit above the global median – Malaga by 34%, Las Palmas de Gran Canaria by 30%.

Meal at Budget Restaurant

$13.88 €11.95

$12.20 €10.51

13.77%

Three-Course Dinner for Two, Mid-Range

$64.8 €55.8

$58.0 €49.95

11.72%

Fast Food Meal (McDonalds, etc)

$9.06 €7.80

$10.60 €9.12

-14.53%

Cappuccino

$2.26 €1.95

$2.28 €1.96

-0.88%

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

$2.37 €2.04

$2.11 €1.82

12.32%

Water (0.33 liter bottle)

$1.89 €1.63

$1.25 €1.07

51.20%

Local Beer (0.5 liter draught)

$3.57 €3.07

$2.81 €2.42

27.05%

Imported Beer (0.33 liter bottle)

$4.44 €3.82

$4.31 €3.71

3.02%

Milk (1 liter)

$1.20 €1.04

$1.23 €1.06

-2.44%

White Bread (500g)

$1.39 €1.20

$2.13 €1.83

-34.74%

Rice (white) (1kg)

$1.72 €1.48

$2.06 €1.77

-16.50%

Eggs

$2.68 €2.31

$3.37 €2.91

-20.47%

Local Cheese (1kg)

$15.29 €13.17

$11.76 €10.13

30.02%

Chicken Fillets (1kg)

$7.41 €6.38

$10.28 €8.85

-27.92%

Beef Round Steak (1kg)

$13.87 €11.94

$16.70 €14.38

-16.95%

Apples (1kg)

$2.56 €2.21

$2.52 €2.17

1.59%

Banana (1kg)

$1.90 €1.63

$2.47 €2.13

-23.08%

Oranges (1kg)

$1.57 €1.35

$2.29 €1.97

-31.44%

Tomato (1kg)

$2.41 €2.08

$2.51 €2.16

-3.98%

Potato (1kg)

$1.85 €1.59

$2.18 €1.87

-15.14%

Onion (1kg)

$1.98 €1.70

$2.64 €2.28

-25.00%

Lettuce (1 head)

$1.15 €0.99

$1.85 €1.60

-37.84%

Water (1.5 liter bottle)

$0.72 €0.62

$0.89 €0.76

-19.10%

Cigarettes 20 Pack (Marlboro, Camel)

$6.28 €5.41

$4.49 €3.87

39.87%

Wine (Bottle)

$6.13 €5.28

$7.09 €6.10

-13.54%

Local Beer (0.5 liter bottle)

$1.22 €1.05

$1.55 €1.34

-21.29%

Imported Beer (0.33 liter bottle)

$2.46 €2.12

$3.85 €3.32

-36.10%

One-way Ticket (Public Transport)

$1.60 €1.38

$1.66 €1.43

-3.61%

Public Transport Monthly Pass (Regular Price)

$29.70 €25.57

$16.51 €14.21

79.89%

Taxi Start (Normal Tariff)

$4.50 €3.87

$3.41 €2.94

31.96%

Taxi (Normal Tariff) (1km)

$1.03 €0.88

$1.28 €1.10

-19.53%

Taxi 1hour Waiting (Normal Tariff)

$28.82 €24.82

$23.52 €20.25

22.53%

Gasoline (1 liter)

$1.84 €1.58

$1.68 €1.44

9.52%

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

$39.1K €33.6K

$38.6K €33.2K

1.22%

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

$30.7K €26.4K

$29.8K €25.6K

2.99%

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

$134 €115

$81.3 €70.0

64.20%

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

$17.64 €15.19

$21.11 €18.17

-16.44%

Internet (50+ Mbps, Unlimited Data)

$29.28 €25.21

$29.45 €25.36

-0.58%

Gym Membership (Monthly)

$47.13 €40.58

$52.9 €45.52

-10.84%

Tennis Court (1 Hour on Weekend)

$16.76 €14.44

$19.13 €16.47

-12.39%

Cinema Ticket

$10.48 €9.02

$9.18 €7.90

14.16%

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

$461 €397

$520 €448

-11.35%

International Primary School, 1 Child (Yearly)

$9,996 €8,607

$6,497 €5,594

53.86%

Jeans (Levis 501 Or Similar)

$80.4 €69.2

$102 €88.3

-21.59%

Summer Dress (H&M, Zara, etc)

$40.19 €34.61

$53.0 €45.67

-24.23%

Sport Shoes (Adidas, Nike)

$89.9 €77.4

$107 €92.1

-15.94%

Men's Leather Business Shoes

$117 €101

$147 €127

-20.27%

1-bedroom Apartment, City Center (Monthly)

$1,185 €1,020

$992 €854

19.41%

1-bedroom Apartment, Outside City Center (Monthly)

$873 €752

$828 €713

5.43%

3-bedroom Apartment, City Center (Monthly)

$2,087 €1,797

$1,462 €1,259

42.75%

3-bedroom Apartment, Outside City Center (Monthly)

$1,536 €1,323

$1,338 €1,152

14.81%

Buy Apartment in City Center (m2)

$5,222 €4,497

$3,252 €2,800

60.60%

Buy Apartment Outside City Center (m2)

$3,014 €2,596

$1,960 €1,688

53.77%

Average Monthly Net Salary (After Tax)

$1,954 €1,683

$1,746 €1,504

11.90%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.46

3.43

0.87%

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

Last update for Malaga: May 31, 2026

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

Cost Breakdown

A central one-bedroom costs $1,185 in Malaga 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 12% higher in Malaga, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $65.0 in Malaga versus $58.0 in Las Palmas de Gran Canaria. Groceries tell a different story – $257 in Malaga vs $301 in Las Palmas de Gran Canaria – so Malaga 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

Malaga vs Las Palmas de Gran Canaria: Cost of Living - Frequently Asked Questions

Yes – Malaga is pricier by about 3%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,703 per month in Malaga 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.

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.

Monthly expenses with rent come to $1,802 in Malaga 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.

Public transport costs about 80% less in Las Palmas de Gran Canaria. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Las Palmas de Gran Canaria, where all-in costs run around $1,744, than in Malaga at $1,802. In Las Palmas de Gran Canaria it covers expenses comfortably, while in Malaga it requires careful planning or may not stretch far enough.

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.

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.

If budget matters most, go with Las Palmas de Gran Canaria. If higher salaries, better infrastructure, or specific career opportunities are the priority, Malaga makes more sense. Both are solid long-term options with distinct trade-offs.