Last update: Oct 2026

Cost of Living Comparison Between Santa Cruz de Tenerife and Bansko

For one person, living is cheaper in Bansko: $970 a month against $1,920 in Santa Cruz de Tenerife, rent and utilities included – about $11,400 less a year. Rent and utilities account for about half of the difference.

94

Cost of Living Index in Santa Cruz de Tenerife
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Santa Cruz de Tenerife Living Index
47

Cost of Living Index in Bansko
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Bansko Living Index

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Santa Cruz de Tenerife

🇪🇸 Spain

$1,920

/mo nomad

Bansko

🇧🇬 Bulgaria

$970

/mo nomad

Monthly Cost of Living

How much you'll spend in Santa Cruz de Tenerife and in Bansko

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Santa Cruz de Tenerife and in Bansko actually costs, broken down by who's living it.

A single person spends $1,920 per month in Santa Cruz de Tenerife vs $970 in Bansko, rent included.

Santa Cruz de Tenerife $1,920
Bansko $970

A couple spends around $2,849 per month in Santa Cruz de Tenerife vs $1,464 in Bansko, rent included.

Santa Cruz de Tenerife $2,849
Bansko $1,464

A family of three spends $3,777 per month in Santa Cruz de Tenerife vs $1,957 in Bansko, rent included.

Santa Cruz de Tenerife $3,777
Bansko $1,957

Santa Cruz de Tenerife costs about 98% more than Bansko, and outside of rent the biggest gap is in groceries.

Santa Cruz de Tenerife sits 43% above the global median, while Bansko is 28% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$20.06 €17.90

$8.66 BGN 15.15

131.64%

Three-Course Dinner for Two, Mid-Range

$61.9 €55.2

$46.63 BGN 81.6

32.66%

Fast Food Meal (McDonalds, etc)

$11.40 €10.18

$9.01 BGN 15.77

26.53%

Cappuccino

$2.00 €1.78

$2.24 BGN 3.92

-10.71%

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

$1.90 €1.69

$1.50 BGN 2.63

26.67%

Water (0.33 liter bottle)

$1.30 €1.16

$0.86 BGN 1.51

51.16%

Local Beer (0.5 liter draught)

$2.87 €2.56

$1.76 BGN 3.07

63.07%

Imported Beer (0.33 liter bottle)

$3.30 €2.95

$2.00 BGN 3.51

65.00%

Milk (1 liter)

$1.37 €1.22

$1.79 BGN 3.14

-23.46%

White Bread (500g)

$2.47 €2.21

$0.81 BGN 1.42

204.94%

Rice (white) (1kg)

$1.59 €1.42

$1.52 BGN 2.66

4.61%

Eggs

$4.19 €3.74

$2.30 BGN 4.02

82.17%

Local Cheese (1kg)

$19.69 €17.57

$9.60 BGN 16.81

105.10%

Chicken Fillets (1kg)

$9.90 €8.84

$6.32 BGN 11.06

56.65%

Beef Round Steak (1kg)

$17.92 €15.99

$8.64 BGN 15.12

107.41%

Apples (1kg)

$2.78 €2.48

$1.28 BGN 2.24

117.19%

Banana (1kg)

$2.41 €2.15

$1.68 BGN 2.95

43.45%

Oranges (1kg)

$2.24 €2.00

$1.70 BGN 2.98

31.76%

Tomato (1kg)

$2.52 €2.24

$1.89 BGN 3.30

33.33%

Potato (1kg)

$2.13 €1.90

$0.93 BGN 1.63

129.03%

Onion (1kg)

$1.97 €1.76

$0.76 BGN 1.32

159.21%

Lettuce (1 head)

$1.69 €1.51

$0.54 BGN 0.95

212.96%

Water (1.5 liter bottle)

$0.91 €0.81

$0.58 BGN 1.02

56.90%

Cigarettes 20 Pack (Marlboro, Camel)

$5.71 €5.09

$3.44 BGN 6.02

65.99%

Wine (Bottle)

$7.67 €6.85

$5.14 BGN 9.00

49.22%

Local Beer (0.5 liter bottle)

$1.68 €1.50

$1.11 BGN 1.94

51.35%

Imported Beer (0.33 liter bottle)

$1.75 €1.56

$1.70 BGN 2.97

2.94%

One-way Ticket (Public Transport)

$1.38 €1.23

$0.88 BGN 1.55

56.82%

Public Transport Monthly Pass (Regular Price)

$42.25 €37.70

$26.76 BGN 46.83

57.88%

Taxi Start (Normal Tariff)

$4.11 €3.67

$1.29 BGN 2.26

218.60%

Taxi (Normal Tariff) (1km)

$1.73 €1.54

$0.65 BGN 1.14

166.15%

Taxi 1hour Waiting (Normal Tariff)

$16.93 €15.11

$10.18 BGN 17.81

66.31%

Gasoline (1 liter)

$1.74 €1.55

$1.50 BGN 2.63

16.00%

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

$34.8K €31.0K

$28.8K BGN 50.4K

20.67%

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

$29.4K €26.3K

$21.5K BGN 37.5K

37.24%

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

$127 €113

$91.4 BGN 160

38.71%

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

$23.02 €20.54

$14.68 BGN 25.68

56.81%

Internet (50+ Mbps, Unlimited Data)

$35.10 €31.32

$12.07 BGN 21.12

190.80%

Gym Membership (Monthly)

$54.5 €48.67

$32.28 BGN 56.5

68.96%

Tennis Court (1 Hour on Weekend)

$11.52 €10.28

$8.60 BGN 15.05

33.95%

Cinema Ticket

$10.09 €9.01

$5.63 BGN 9.86

79.22%

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

$405 €362

$228 BGN 400

77.41%

International Primary School, 1 Child (Yearly)

$5,015 €4,476

$2,311 BGN 4,045

117.01%

Jeans (Levis 501 Or Similar)

$94.3 €84.1

$30.48 BGN 53.3

209.32%

Summer Dress (H&M, Zara, etc)

$41.88 €37.37

$19.01 BGN 33.26

120.31%

Sport Shoes (Adidas, Nike)

$91.9 €82.0

$45.53 BGN 79.7

101.87%

Men's Leather Business Shoes

$111 €99.3

$48.67 BGN 85.2

128.50%

1-bedroom Apartment, City Center (Monthly)

$1,138 €1,016

$521 BGN 913

118.31%

1-bedroom Apartment, Outside City Center (Monthly)

$882 €787

$367 BGN 643

140.13%

3-bedroom Apartment, City Center (Monthly)

$1,705 €1,522

$634 BGN 1,110

168.91%

3-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,120

$558 BGN 976

125.01%

Buy Apartment in City Center (m2)

$3,834 €3,421

$1,204 BGN 2,106

218.53%

Buy Apartment Outside City Center (m2)

$2,170 €1,936

$971 BGN 1,699

123.43%

Average Monthly Net Salary (After Tax)

$1,864 €1,663

$1,670 BGN 2,923

11.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

2.99

19.06%

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

Last update for Santa Cruz de Tenerife: October 3, 2026

Last update for Bansko: October 6, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Santa Cruz de Tenerife

$882 45.6%

Bansko

$367 38% 58.4% $515

Groceries & Markets

Santa Cruz de Tenerife

$329 17%

Bansko

$193 20% 41.3% $136

Eating Out

Santa Cruz de Tenerife

$252 13%

Bansko

$145 15% 42.4% $107

Monthly Utilities & Internet

Santa Cruz de Tenerife

$185 9.6%

Bansko

$118 12.2% 36.1% $67

Clothing & Footwear

Santa Cruz de Tenerife

$153 7.9%

Bansko

$65 6.7% 57.6% $88

Sport & Entertainment

Santa Cruz de Tenerife

$75 3.9%

Bansko

$44 4.5% 41.7% $31

Getting Around

Santa Cruz de Tenerife

$61 3.1%

Bansko

$35 3.6% 42.4% $26

Cost Breakdown

A central one-bedroom costs $1,138 in Santa Cruz de Tenerife versus $521 in Bansko. 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 Santa Cruz de Tenerife, 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 $62.0 in Santa Cruz de Tenerife versus $47.00 in Bansko. Monthly groceries follow the same trend: $329 vs $193 – making Bansko the more affordable choice for daily food spending.

Good to know

🇪🇸 Santa Cruz de Tenerife

🇧🇬 Bansko

🕒 Local time

04:56 4:56 AM

06:56 6:56 AM

2 h ahead of Santa Cruz de Tenerife

🌤 Weather

👥 Population

209,395

8,000

💱 Currency

Euro EUR €

Bulgarian Lev BGN лв.

📈 Exchange rate

1 EUR = 1.12 USD

1 BGN = 0.571 USD

1 BGN = 0.509 EUR

Exchange rates and currency converter

On the map

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Between locations

Santa Cruz de Tenerife Bansko 3,860 km ≈ 5 h nonstop flight

From you

Santa Cruz de Tenerife
Bansko

Distances are measured in a straight line. Your location is detected approximately.

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

Santa Cruz de Tenerife vs Bansko: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,920 in Santa Cruz de Tenerife, $970 in Bansko – roughly 98% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $2,880 per month in Santa Cruz de Tenerife and $1,455 in Bansko. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A mid-range dinner for two costs $62.0 in Santa Cruz de Tenerife and $47.00 in Bansko. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,920 in Santa Cruz de Tenerife and $970 in Bansko. That's a gap of about 98%.

A $2,000 monthly budget goes further in Bansko, where all-in costs run around $970, than in Santa Cruz de Tenerife at $1,920. In Bansko it covers expenses comfortably, while in Santa Cruz de Tenerife it requires careful planning or may not stretch far enough.

It depends on your priorities. Bansko has an edge in some lifestyle areas, with costs from $970 in Bansko to $1,920 in Santa Cruz de Tenerife. Climate, culture, job market, and personal taste all factor in.

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 Bansko. If higher salaries, better infrastructure, or specific career opportunities are the priority, Santa Cruz de Tenerife makes more sense. Both are solid long-term options with distinct trade-offs.