Cost of Living Comparison Between Mexico City and Gran Canaria, Canary Islands Cost of Living Comparison Between Mexico City and Gran Canaria, Canary Islands

Name: Gran Canaria, Canary Islands
Address: Gran Canaria, Canary Islands, ES

Monthly Cost of Living

A single person spends $1,646 per month in Mexico City vs $1,598 in Gran Canaria, Canary Islands, rent included.

A couple spends around $2,613 per month in Mexico City vs $2,348 in Gran Canaria, Canary Islands, rent included.

A family of three spends $3,580 per month in Mexico City vs $3,098 in Gran Canaria, Canary Islands, rent included.

Mexico City costs about 3% more than Gran Canaria, Canary Islands, driven mainly by Groceries & Markets.

Both Mexico City and Gran Canaria, Canary Islands sit above the global median – Mexico City by 20%, Gran Canaria, Canary Islands by 16%.

Meal at Budget Restaurant

$12.11 MX$204

$14.95 €12.86

-19.00%

Three-Course Dinner for Two, Mid-Range

$52.2 MX$881

$57.7 €49.64

-9.45%

Fast Food Meal (McDonalds, etc)

$10.90 MX$184

$10.36 €8.92

5.21%

Cappuccino

$4.05 MX$68.4

$2.16 €1.86

87.50%

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

$1.72 MX$28.95

$2.41 €2.07

-28.63%

Water (0.33 liter bottle)

$1.38 MX$23.25

$1.76 €1.51

-21.59%

Local Beer (0.5 liter draught)

$3.47 MX$58.5

$3.41 €2.93

1.76%

Imported Beer (0.33 liter bottle)

$5.81 MX$98.1

$3.51 €3.02

65.53%

Milk (1 liter)

$1.85 MX$31.28

$1.15 €0.99

60.87%

White Bread (500g)

$3.22 MX$54.4

$1.42 €1.22

126.76%

Rice (white) (1kg)

$2.09 MX$35.20

$1.65 €1.42

26.67%

Eggs

$2.91 MX$49.10

$2.89 €2.49

0.69%

Local Cheese (1kg)

$12.49 MX$211

$13.70 €11.79

-8.83%

Chicken Fillets (1kg)

$10.11 MX$171

$8.15 €7.01

24.05%

Beef Round Steak (1kg)

$15.89 MX$268

$15.01 €12.92

5.86%

Apples (1kg)

$3.31 MX$56.0

$2.45 €2.11

35.10%

Banana (1kg)

$2.13 MX$35.90

$2.00 €1.72

6.50%

Oranges (1kg)

$2.19 MX$36.97

$2.00 €1.72

9.50%

Tomato (1kg)

$2.45 MX$41.31

$2.68 €2.31

-8.58%

Potato (1kg)

$2.19 MX$36.95

$1.76 €1.52

24.43%

Onion (1kg)

$1.90 MX$32.15

$2.01 €1.73

-5.47%

Lettuce (1 head)

$1.62 MX$27.26

$1.33 €1.15

21.80%

Water (1.5 liter bottle)

$1.35 MX$22.78

$0.75 €0.65

80.00%

Cigarettes 20 Pack (Marlboro, Camel)

$5.43 MX$91.6

$6.45 €5.55

-15.81%

Wine (Bottle)

$17.59 MX$297

$5.78 €4.97

204.33%

Local Beer (0.5 liter bottle)

$2.07 MX$34.90

$1.25 €1.07

65.60%

Imported Beer (0.33 liter bottle)

$4.75 MX$80.1

$2.13 €1.83

123.00%

One-way Ticket (Public Transport)

$0.34 MX$5.74

$1.67 €1.44

-79.64%

Public Transport Monthly Pass (Regular Price)

$21.58 MX$364

$34.30 €29.52

-37.08%

Taxi Start (Normal Tariff)

$2.04 MX$34.44

$3.96 €3.41

-48.48%

Taxi (Normal Tariff) (1km)

$0.58 MX$9.75

$1.21 €1.04

-52.07%

Taxi 1hour Waiting (Normal Tariff)

$5.97 MX$101

$24.90 €21.43

-76.02%

Gasoline (1 liter)

$1.62 MX$27.27

$1.79 €1.54

-9.50%

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

$22.8K MX$385.0K

$38.2K €32.9K

-40.27%

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

$26.7K MX$450.0K

$30.4K €26.1K

-12.24%

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

$65.2 MX$1,101

$135 €116

-51.79%

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

$29.87 MX$504

$20.91 €18.00

42.85%

Internet (50+ Mbps, Unlimited Data)

$36.55 MX$617

$31.41 €27.03

16.36%

Gym Membership (Monthly)

$61.0 MX$1,030

$47.42 €40.80

28.64%

Tennis Court (1 Hour on Weekend)

$26.70 MX$451

$15.10 €12.99

76.82%

Cinema Ticket

$6.85 MX$116

$9.20 €7.92

-25.54%

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

$453 MX$7,652

$399 €344

13.50%

International Primary School, 1 Child (Yearly)

$13.4K MX$225.7K

$8,086 €6,958

65.37%

Jeans (Levis 501 Or Similar)

$75.0 MX$1,265

$85.9 €73.9

-12.74%

Summer Dress (H&M, Zara, etc)

$55.3 MX$933

$34.61 €29.78

59.75%

Sport Shoes (Adidas, Nike)

$114 MX$1,917

$89.5 €77.0

27.01%

Men's Leather Business Shoes

$123 MX$2,070

$110 €94.7

11.45%

1-bedroom Apartment, City Center (Monthly)

$1,134 MX$19.1K

$842 €724

34.63%

1-bedroom Apartment, Outside City Center (Monthly)

$712 MX$12.0K

$702 €604

1.47%

3-bedroom Apartment, City Center (Monthly)

$2,571 MX$43.4K

$1,307 €1,125

96.69%

3-bedroom Apartment, Outside City Center (Monthly)

$1,311 MX$22.1K

$1,013 €871

29.50%

Buy Apartment in City Center (m2)

$3,993 MX$67.4K

$3,284 €2,826

21.59%

Buy Apartment Outside City Center (m2)

$2,095 MX$35.4K

$2,306 €1,984

-9.13%

Average Monthly Net Salary (After Tax)

$1,047 MX$17.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

11.3

3.5

222.86%

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

Last update for Mexico City: August 29, 2026

Last update for Gran Canaria, Canary Islands: August 31, 2026

Cost Breakdown

A central one-bedroom costs $1,134 in Mexico City versus $842 in Gran Canaria, Canary Islands. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $52.0 in Mexico City versus $58.0 in Gran Canaria, Canary Islands. Groceries tell a different story – $345 in Mexico City vs $262 in Gran Canaria, Canary Islands – so Gran Canaria, Canary Islands 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

Mexico City vs Gran Canaria, Canary Islands: Cost of Living - Frequently Asked Questions

Yes – Mexico City 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 $2,469 per month in Mexico City and $2,397 in Gran Canaria, Canary Islands. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Gran Canaria, Canary Islands, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Kindergarten costs $453 per month in Mexico City and $399 in Gran Canaria, Canary Islands. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 32% more in Mexico City, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Gran Canaria, Canary Islands, where all-in costs run around $1,598, than in Mexico City at $1,646. In Gran Canaria, Canary Islands it covers expenses comfortably, while in Mexico City it requires careful planning or may not stretch far enough.

Families tend to lean toward Gran Canaria, Canary Islands – 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 Gran Canaria, Canary Islands. If higher salaries, better infrastructure, or specific career opportunities are the priority, Mexico City makes more sense. Both are solid long-term options with distinct trade-offs.