Last update: Oct 2026

Cost of Living Comparison Between Valencia and Gran Canaria, Canary Islands

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

For one person, living is cheaper in Gran Canaria, Canary Islands: $1,610 a month against $2,078 in Valencia, rent and utilities included – about $5,600 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
79

Cost of Living Index in Gran Canaria, Canary Islands
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Gran Canaria, Canary Islands Living Index

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Valencia

🇪🇸 Spain

$2,078

/mo nomad

Gran Canaria, Canary Islands

🇪🇸 Spain

$1,610

/mo nomad

Monthly Cost of Living

How much you'll spend in Valencia and in Gran Canaria, 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 Gran Canaria, Canary Islands actually costs, broken down by who's living it.

A single person spends $2,078 per month in Valencia vs $1,610 in Gran Canaria, Canary Islands, rent included.

Valencia $2,078
Gran Canaria, Canary Islands $1,610

A couple spends around $3,034 per month in Valencia vs $2,368 in Gran Canaria, Canary Islands, rent included.

Valencia $3,034
Gran Canaria, Canary Islands $2,368

A family of three spends $3,990 per month in Valencia vs $3,126 in Gran Canaria, Canary Islands, rent included.

Valencia $3,990
Gran Canaria, Canary Islands $3,126

Valencia costs about 29% more than Gran Canaria, Canary Islands, and outside of rent the biggest gap is in eating out.

Both Valencia and Gran Canaria, Canary Islands sit above the global median – Valencia by 53%, Gran Canaria, Canary Islands by 19%.

Meal at Budget Restaurant

$19.28 €17.15

$14.81 €13.18

30.18%

Three-Course Dinner for Two, Mid-Range

$67.1 €59.7

$57.1 €50.8

17.46%

Fast Food Meal (McDonalds, etc)

$12.24 €10.89

$10.31 €9.17

18.72%

Cappuccino

$2.64 €2.34

$2.17 €1.93

21.66%

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

$2.50 €2.22

$2.39 €2.12

4.60%

Water (0.33 liter bottle)

$2.00 €1.78

$1.70 €1.51

17.65%

Local Beer (0.5 liter draught)

$3.46 €3.08

$3.40 €3.03

1.76%

Imported Beer (0.33 liter bottle)

$4.40 €3.92

$3.41 €3.04

29.03%

Milk (1 liter)

$1.19 €1.05

$1.19 €1.06

White Bread (500g)

$1.35 €1.20

$1.36 €1.21

-0.74%

Rice (white) (1kg)

$1.79 €1.59

$1.67 €1.48

7.19%

Eggs

$3.52 €3.13

$2.89 €2.57

21.80%

Local Cheese (1kg)

$10.81 €9.62

$13.52 €12.03

-20.04%

Chicken Fillets (1kg)

$8.07 €7.18

$8.22 €7.31

-1.82%

Beef Round Steak (1kg)

$16.06 €14.29

$15.10 €13.43

6.36%

Apples (1kg)

$2.52 €2.24

$2.51 €2.23

0.40%

Banana (1kg)

$1.91 €1.70

$1.96 €1.74

-2.55%

Oranges (1kg)

$1.86 €1.66

$1.97 €1.75

-5.58%

Tomato (1kg)

$2.62 €2.33

$2.59 €2.30

1.16%

Potato (1kg)

$1.70 €1.51

$1.73 €1.54

-1.73%

Onion (1kg)

$1.77 €1.57

$2.02 €1.80

-12.38%

Lettuce (1 head)

$1.15 €1.02

$1.33 €1.18

-13.53%

Water (1.5 liter bottle)

$0.75 €0.66

$0.70 €0.62

7.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.82

$6.46 €5.75

1.39%

Wine (Bottle)

$5.49 €4.89

$5.73 €5.10

-4.19%

Local Beer (0.5 liter bottle)

$1.34 €1.19

$1.20 €1.07

11.67%

Imported Beer (0.33 liter bottle)

$1.65 €1.47

$2.05 €1.83

-19.51%

One-way Ticket (Public Transport)

$2.18 €1.94

$1.69 €1.50

28.99%

Public Transport Monthly Pass (Regular Price)

$38.84 €34.55

$33.64 €29.92

15.46%

Taxi Start (Normal Tariff)

$4.46 €3.97

$4.09 €3.64

9.05%

Taxi (Normal Tariff) (1km)

$1.33 €1.19

$1.26 €1.12

5.56%

Taxi 1hour Waiting (Normal Tariff)

$23.56 €20.96

$25.03 €22.26

-5.87%

Gasoline (1 liter)

$1.81 €1.61

$1.76 €1.57

2.84%

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

$33.8K €30.0K

$38.3K €34.1K

-11.82%

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

$31.7K €28.2K

$30.3K €27.0K

4.68%

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

$157 €140

$135 €120

16.66%

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

$16.29 €14.49

$20.74 €18.45

-21.46%

Internet (50+ Mbps, Unlimited Data)

$34.31 €30.52

$30.89 €27.48

11.07%

Gym Membership (Monthly)

$42.78 €38.05

$47.30 €42.08

-9.56%

Tennis Court (1 Hour on Weekend)

$8.69 €7.73

$15.03 €13.37

-42.18%

Cinema Ticket

$10.81 €9.61

$9.02 €8.03

19.84%

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

$584 €519

$413 €367

41.42%

International Primary School, 1 Child (Yearly)

$9,663 €8,595

$8,267 €7,353

16.89%

Jeans (Levis 501 Or Similar)

$90.8 €80.7

$84.1 €74.8

7.94%

Summer Dress (H&M, Zara, etc)

$41.38 €36.81

$34.68 €30.84

19.32%

Sport Shoes (Adidas, Nike)

$94.1 €83.7

$87.4 €77.8

7.63%

Men's Leather Business Shoes

$120 €107

$107 €95.5

11.85%

1-bedroom Apartment, City Center (Monthly)

$1,405 €1,250

$853 €758

64.81%

1-bedroom Apartment, Outside City Center (Monthly)

$1,069 €951

$690 €614

54.91%

3-bedroom Apartment, City Center (Monthly)

$2,314 €2,058

$1,305 €1,161

77.32%

3-bedroom Apartment, Outside City Center (Monthly)

$1,673 €1,488

$1,016 €903

64.68%

Buy Apartment in City Center (m2)

$5,572 €4,956

$3,320 €2,953

67.86%

Buy Apartment Outside City Center (m2)

$3,316 €2,950

$2,366 €2,105

40.13%

Average Monthly Net Salary (After Tax)

$1,862 €1,656

20-Year Fixed Mortgage Interest Rate (Annual %)

3.41

3.5

-2.57%

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

Last update for Valencia: October 18, 2026

Last update for Gran Canaria, Canary Islands: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Valencia

$1.1K 51.5%

Gran Canaria, Canary Islands

$690 42.9% 35.4% $379

Eating Out

Valencia

$267 12.8%

Gran Canaria, Canary Islands

$216 13.4% 19.1% $51

Groceries & Markets

Valencia

$255 12.3%

Gran Canaria, Canary Islands

$260 16.2% 1.9% $4.8

Monthly Utilities & Internet

Valencia

$208 10%

Gran Canaria, Canary Islands

$186 11.6% 10.3% $21

Clothing & Footwear

Valencia

$156 7.5%

Gran Canaria, Canary Islands

$141 8.8% 9.5% $15

Sport & Entertainment

Valencia

$64 3.1%

Gran Canaria, Canary Islands

$65 4.1% 1.5% $1

Getting Around

Valencia

$59 2.8%

Gran Canaria, Canary Islands

$51 3.2% 13.5% $7.9

Cost Breakdown

A central one-bedroom costs $1,405 in Valencia versus $853 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 $67.0 in Valencia versus $57.0 in Gran Canaria, Canary Islands. Groceries tell a different story – $255 in Valencia vs $260 in Gran Canaria, Canary Islands – so Valencia wins on supermarket bills even if dining out costs more.

Good to know

🇪🇸 Valencia

🇪🇸 Gran Canaria, Canary Islands

🕒 Local time

02:24 2:24 AM

01:24 1:24 AM

1 h behind Valencia

🌤 Weather

👥 Population

807,693

862,893

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Valencia Gran Canaria, Canary Islands 1,900 km ≈ 2 h 45 min nonstop flight

From you

Valencia
Gran Canaria, 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 Gran Canaria, Canary Islands: Cost of Living - Frequently Asked Questions

Yes – Valencia is pricier by about 29%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,117 per month in Valencia and $2,414 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 $584 per month in Valencia and $413 in Gran Canaria, Canary Islands. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Interestingly, groceries are about 2% cheaper in Valencia – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,500 monthly budget goes further in Gran Canaria, Canary Islands, where all-in costs run around $1,610, than in Valencia at $2,078. In Gran Canaria, Canary Islands it covers expenses comfortably, while in Valencia 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, Valencia makes more sense. Both are solid long-term options with distinct trade-offs.