Cost of Living Comparison Between Valencia and Canary Islands Cost of Living Comparison Between Valencia and Canary Islands

Monthly Cost of Living

Monthly costs for one person with rent: $1,866 in Valencia versus $1,564 in Canary Islands.

Estimated couple costs with rent: $2,693 in Valencia versus $2,243 in Canary Islands.

Monthly costs for a family of three with rent: $3,521 in Valencia versus $2,923 in Canary Islands.

Living in Valencia is roughly 19% more expensive than in Canary Islands, driven mainly by Clothing & Footwear.

Both cities are pricier than the global median: Valencia 40% above, Canary Islands 17% above.

Meal at Budget Restaurant

$15.15 €13.24

$17.60 €15.38

-13.92%

Three-Course Dinner for Two, Mid-Range

$58.4 €51.0

$57.4 €50.1

1.73%

Fast Food Meal (McDonalds, etc)

$12.53 €10.95

$10.09 €8.82

24.18%

Cappuccino

$2.62 €2.29

$1.76 €1.53

48.86%

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

$2.43 €2.12

$1.83 €1.60

32.79%

Water (0.33 liter bottle)

$1.98 €1.73

$1.07 €0.94

85.05%

Local Beer (0.5 liter draught)

$3.49 €3.05

$2.86 €2.50

22.03%

Imported Beer (0.33 liter bottle)

$3.55 €3.10

$3.17 €2.77

11.99%

Milk (1 liter)

$1.17 €1.02

$1.22 €1.07

-4.10%

White Bread (500g)

$1.36 €1.19

$1.71 €1.49

-20.47%

Rice (white) (1kg)

$1.66 €1.45

$1.52 €1.32

9.21%

Eggs

$2.90 €2.54

$3.09 €2.70

-6.15%

Local Cheese (1kg)

$11.44 €9.99

$16.91 €14.77

-32.35%

Chicken Fillets (1kg)

$8.68 €7.58

$8.26 €7.22

5.08%

Beef Round Steak (1kg)

$14.04 €12.26

$14.20 €12.41

-1.13%

Apples (1kg)

$2.60 €2.27

$2.48 €2.17

4.84%

Banana (1kg)

$1.86 €1.63

$1.75 €1.53

6.29%

Oranges (1kg)

$2.00 €1.75

$1.58 €1.38

26.58%

Tomato (1kg)

$2.34 €2.05

$2.55 €2.23

-8.24%

Potato (1kg)

$1.90 €1.66

$1.61 €1.40

18.01%

Onion (1kg)

$2.01 €1.76

$1.70 €1.49

18.24%

Lettuce (1 head)

$1.58 €1.38

$1.48 €1.30

6.76%

Water (1.5 liter bottle)

$0.71 €0.62

$0.65 €0.57

9.23%

Cigarettes 20 Pack (Marlboro, Camel)

$6.69 €5.85

$4.79 €4.19

39.67%

Wine (Bottle)

$5.73 €5.01

$8.10 €7.08

-29.26%

Local Beer (0.5 liter bottle)

$1.49 €1.30

$1.43 €1.25

4.20%

Imported Beer (0.33 liter bottle)

$2.01 €1.76

$1.79 €1.56

12.29%

One-way Ticket (Public Transport)

$1.78 €1.55

$1.64 €1.44

8.54%

Public Transport Monthly Pass (Regular Price)

$34.20 €29.88

$34.16 €29.84

0.12%

Taxi Start (Normal Tariff)

$3.39 €2.96

$3.80 €3.32

-10.79%

Taxi (Normal Tariff) (1km)

$1.20 €1.05

$1.28 €1.12

-6.25%

Taxi 1hour Waiting (Normal Tariff)

$25.04 €21.87

$17.56 €15.34

42.60%

Gasoline (1 liter)

$1.82 €1.59

$1.69 €1.47

7.69%

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

$34.7K €30.4K

$25.6K €22.4K

35.63%

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

$32.7K €28.6K

$29.6K €25.9K

10.67%

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

$145 €127

$91.5 €80.0

58.75%

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

$13.42 €11.72

$21.62 €18.89

-37.93%

Internet (50+ Mbps, Unlimited Data)

$29.78 €26.02

$30.37 €26.53

-1.94%

Gym Membership (Monthly)

$41.93 €36.63

$48.21 €42.12

-13.03%

Tennis Court (1 Hour on Weekend)

$12.64 €11.05

$15.09 €13.18

-16.24%

Cinema Ticket

$9.92 €8.67

$9.90 €8.65

0.20%

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

$592 €518

$354 €309

67.57%

International Primary School, 1 Child (Yearly)

$11.7K €10.2K

$8,217 €7,179

42.47%

Jeans (Levis 501 Or Similar)

$101 €88.0

$68.6 €60.0

46.75%

Summer Dress (H&M, Zara, etc)

$37.44 €32.71

$33.69 €29.44

11.13%

Sport Shoes (Adidas, Nike)

$97.6 €85.3

$79.1 €69.1

23.37%

Men's Leather Business Shoes

$127 €111

$70.3 €61.4

81.00%

1-bedroom Apartment, City Center (Monthly)

$1,218 €1,064

$1,163 €1,016

4.76%

1-bedroom Apartment, Outside City Center (Monthly)

$942 €823

$691 €604

36.28%

3-bedroom Apartment, City Center (Monthly)

$1,931 €1,687

$2,259 €1,973

-14.52%

3-bedroom Apartment, Outside City Center (Monthly)

$1,351 €1,181

$796 €695

69.80%

Buy Apartment in City Center (m2)

$5,702 €4,982

Buy Apartment Outside City Center (m2)

$3,308 €2,890

Average Monthly Net Salary (After Tax)

$1,963 €1,715

$1,432 €1,251

37.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.44

3.33

3.30%

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

Last update for Valencia: July 12, 2026

Last update for Canary Islands: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,218 in Valencia and $1,163 in Canary Islands. Housing cost is often the main lever when comparing two cities.

Valencia pays 37% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $58.0 in Valencia vs $57.0 in Canary Islands. Groceries flip the comparison at $255 vs $273, with Valencia cheaper for home cooking.

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 19% 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 37% 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: $1,218 in Valencia versus $1,163 in Canary Islands. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Valencia pay roughly 7% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Dining out is cheaper in Canary Islands – a meal for two runs $57.0 versus $58.0 in Valencia. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,564 in Canary Islands versus $1,866 in Valencia, a $1,000 budget is realistic in 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 work as nomad bases, but Canary Islands delivers better value – similar infrastructure at $1,564 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Canary Islands hard to pass up.

Safety-wise, Valencia and Canary Islands are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Canary Islands gentler on the wallet – expenses run 19% less than in Valencia. Beyond cost, consider language, visa policies, and how big the international community is in each city.