Last update: Nov 2026

Cost of Living Comparison Between Valencia and the Canary Islands

For one person, living is cheaper in the Canary Islands: $1,642 a month against $2,090 in Valencia, rent and utilities included – about $5,400 less a year. Rent and utilities account for most of the difference.

100

Cost of Living Index in Valencia
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Valencia Living Index
78

Cost of Living Index in the Canary Islands
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Canary Islands Living Index

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Valencia

🇪🇸 Spain

$2,090

/mo nomad

Canary Islands

🇪🇸 Spain

$1,642

/mo nomad

Monthly Cost of Living

How much you'll spend in Valencia and in the Canary Islands

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

Monthly costs for one person with rent: $2,090 in Valencia versus $1,642 in the Canary Islands.

Valencia $2,090
Canary Islands $1,642

Estimated couple costs with rent: $3,033 in Valencia versus $2,374 in the Canary Islands.

Valencia $3,033
Canary Islands $2,374

Monthly costs for a family of three with rent: $3,977 in Valencia versus $3,106 in the Canary Islands.

Valencia $3,977
Canary Islands $3,106

Living in Valencia is roughly 27% more expensive than in the Canary Islands, and outside of rent the biggest gap is in transport.

Both cities are pricier than the global median: Valencia 55% above, Canary Islands 21% above.

Meal at Budget Restaurant

$18.73 €16.76

$20.20 €18.08

-7.28%

Three-Course Dinner for Two, Mid-Range

$67.5 €60.4

$62.3 €55.8

8.33%

Fast Food Meal (McDonalds, etc)

$13.55 €12.13

$9.66 €8.64

40.27%

Cappuccino

$2.72 €2.43

$2.06 €1.84

32.04%

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

$2.48 €2.22

$1.97 €1.76

25.89%

Water (0.33 liter bottle)

$1.97 €1.76

$1.11 €0.99

77.48%

Local Beer (0.5 liter draught)

$3.28 €2.94

$2.75 €2.46

19.27%

Imported Beer (0.33 liter bottle)

$4.59 €4.11

$3.38 €3.03

35.80%

Milk (1 liter)

$1.16 €1.03

$1.33 €1.19

-12.78%

White Bread (500g)

$1.35 €1.21

$2.39 €2.14

-43.51%

Rice (white) (1kg)

$1.75 €1.57

$1.55 €1.39

12.90%

Eggs

$3.52 €3.15

$2.18 €1.95

61.47%

Local Cheese (1kg)

$11.08 €9.91

$19.92 €17.83

-44.38%

Chicken Fillets (1kg)

$7.98 €7.14

$8.75 €7.83

-8.80%

Beef Round Steak (1kg)

$15.87 €14.20

$17.86 €15.98

-11.14%

Apples (1kg)

$2.57 €2.30

$2.74 €2.45

-6.20%

Banana (1kg)

$1.81 €1.62

$2.29 €2.05

-20.96%

Oranges (1kg)

$1.91 €1.71

$2.26 €2.02

-15.49%

Tomato (1kg)

$2.65 €2.37

$2.58 €2.30

2.71%

Potato (1kg)

$1.65 €1.48

$2.16 €1.93

-23.61%

Onion (1kg)

$1.76 €1.58

$1.94 €1.74

-9.28%

Lettuce (1 head)

$1.11 €0.99

$1.63 €1.46

-31.90%

Water (1.5 liter bottle)

$0.74 €0.66

$0.93 €0.83

-20.43%

Cigarettes 20 Pack (Marlboro, Camel)

$6.82 €6.10

$4.66 €4.17

46.35%

Wine (Bottle)

$5.61 €5.02

$7.78 €6.96

-27.89%

Local Beer (0.5 liter bottle)

$1.27 €1.14

$1.66 €1.49

-23.49%

Imported Beer (0.33 liter bottle)

$1.71 €1.53

$1.75 €1.56

-2.29%

One-way Ticket (Public Transport)

$2.22 €1.98

$0.82 €0.73

170.73%

Public Transport Monthly Pass (Regular Price)

$39.74 €35.56

Taxi Start (Normal Tariff)

$2.20 €1.97

$4.28 €3.83

-48.60%

Taxi (Normal Tariff) (1km)

$1.48 €1.33

$1.53 €1.37

-3.27%

Taxi 1hour Waiting (Normal Tariff)

$27.99 €25.05

$19.90 €17.80

40.65%

Gasoline (1 liter)

$1.82 €1.63

$1.72 €1.54

5.81%

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

$33.9K €30.3K

$24.7K €22.1K

37.19%

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

$31.2K €27.9K

$30.4K €27.2K

2.43%

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

$156 €140

$123 €110

27.16%

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

$16.15 €14.45

$21.49 €19.23

-24.85%

Internet (50+ Mbps, Unlimited Data)

$33.71 €30.17

$34.92 €31.25

-3.47%

Gym Membership (Monthly)

$40.17 €35.94

$47.34 €42.36

-15.15%

Tennis Court (1 Hour on Weekend)

$8.76 €7.84

$24.50 €21.92

-64.24%

Cinema Ticket

$11.02 €9.86

$10.07 €9.01

9.43%

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

$580 €519

$399 €357

45.46%

International Primary School, 1 Child (Yearly)

$11.4K €10.2K

$6,563 €5,873

73.14%

Jeans (Levis 501 Or Similar)

$93.6 €83.7

$66.0 €59.1

41.71%

Summer Dress (H&M, Zara, etc)

$42.11 €37.68

$39.86 €35.67

5.64%

Sport Shoes (Adidas, Nike)

$93.0 €83.2

$91.9 €82.3

1.17%

Men's Leather Business Shoes

$118 €106

$110 €98.7

6.98%

1-bedroom Apartment, City Center (Monthly)

$1,475 €1,320

$1,113 €996

32.58%

1-bedroom Apartment, Outside City Center (Monthly)

$1,087 €973

$680 €608

59.97%

3-bedroom Apartment, City Center (Monthly)

$2,338 €2,092

3-bedroom Apartment, Outside City Center (Monthly)

$1,669 €1,494

$842 €754

98.13%

Buy Apartment in City Center (m2)

$5,643 €5,049

Buy Apartment Outside City Center (m2)

$3,248 €2,907

Average Monthly Net Salary (After Tax)

$1,863 €1,667

$1,397 €1,250

33.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.41

3.33

2.40%

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

Last update for Valencia: November 1, 2026

Last update for the Canary Islands: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Valencia

$1.1K 52%

Canary Islands

$680 41.4% 37.5% $407

Eating Out

Valencia

$267 12.8%

Canary Islands

$248 15.1% 6.9% $18

Groceries & Markets

Valencia

$254 12.2%

Canary Islands

$314 19.1% 23.5% $60

Monthly Utilities & Internet

Valencia

$206 9.9%

Canary Islands

$179 10.9% 13% $27

Clothing & Footwear

Valencia

$156 7.5%

Canary Islands

$139 8.4% 11.1% $17

Sport & Entertainment

Valencia

$62 3%

Canary Islands

$67 4.1% 8.5% $5.3

Getting Around

Valencia

$58 2.8%

Canary Islands

$15 * 0.9% 73.9% $43

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,475 in Valencia and $1,113 in the Canary Islands. Housing cost is often the main lever when comparing two cities.

Valencia pays 33% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $68 in Valencia vs $62 in the Canary Islands. Groceries flip the comparison at $254 vs $314, with Valencia cheaper for home cooking.

Good to know

🇪🇸 Valencia

🇪🇸 Canary Islands

🕒 Local time

14:17 2:17 PM

13:17 1:17 PM

1 h behind Valencia

🌤 Weather

👥 Population

807,693

12,050

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Valencia Canary Islands 1,950 km ≈ 3 h nonstop flight

From you

Valencia
Canary Islands

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

Valencia vs Canary Islands: Cost of Living - Frequently Asked Questions

Canary Islands wins on cost – living expenses run 21% lower than in Valencia. Housing and daily spending are where you’ll feel the difference most, making Canary Islands the obvious pick if budget is a priority.

Average pay runs 33% higher in Valencia, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,475 in Valencia versus $1,113 in the Canary Islands. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Valencia pay roughly 19% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $2,090 per month in Valencia versus $1,642 in the Canary Islands – Canary Islands is about 21% cheaper, which adds up to real savings over time.

At $1,642 in the Canary Islands versus $2,090 in Valencia, a $2,000 budget is realistic in the Canary Islands but tight or insufficient in Valencia. The gap between the two cities makes Canary Islands the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Valencia and Canary Islands are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Canary Islands wins on affordability, Valencia on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.