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

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

Monthly Cost of Living

A single person spends $1,859 per month in Valencia vs $1,627 in Gran Canaria, Canary Islands, rent included.

A couple spends around $2,660 per month in Valencia vs $2,411 in Gran Canaria, Canary Islands, rent included.

A family of three spends $3,461 per month in Valencia vs $3,195 in Gran Canaria, Canary Islands, rent included.

Valencia costs about 14% more than Gran Canaria, Canary Islands, driven mainly by Clothing & Footwear.

Both Valencia and Gran Canaria, Canary Islands sit above the global median – Valencia by 39%, Gran Canaria, Canary Islands by 21%.

Meal at Budget Restaurant

$15.26 €13.12

$15.31 €13.17

-0.33%

Three-Course Dinner for Two, Mid-Range

$56.9 €48.93

$57.3 €49.25

-0.65%

Fast Food Meal (McDonalds, etc)

$12.82 €11.03

$10.36 €8.91

23.75%

Cappuccino

$2.56 €2.20

$2.15 €1.85

19.07%

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

$2.49 €2.15

$2.35 €2.02

5.96%

Water (0.33 liter bottle)

$2.01 €1.73

$1.78 €1.53

12.92%

Local Beer (0.5 liter draught)

$3.41 €2.93

$3.31 €2.85

3.02%

Imported Beer (0.33 liter bottle)

$3.39 €2.92

$3.51 €3.02

-3.42%

Milk (1 liter)

$1.12 €0.97

$1.19 €1.03

-5.88%

White Bread (500g)

$1.30 €1.12

$1.42 €1.22

-8.45%

Rice (white) (1kg)

$1.73 €1.49

$1.68 €1.44

2.98%

Eggs

$2.94 €2.53

$2.89 €2.49

1.73%

Local Cheese (1kg)

$11.31 €9.72

$13.37 €11.50

-15.41%

Chicken Fillets (1kg)

$8.38 €7.21

$8.19 €7.04

2.32%

Beef Round Steak (1kg)

$13.86 €11.92

$14.98 €12.89

-7.48%

Apples (1kg)

$2.56 €2.20

$2.47 €2.12

3.64%

Banana (1kg)

$1.77 €1.53

$2.00 €1.72

-11.50%

Oranges (1kg)

$2.06 €1.77

$1.95 €1.68

5.64%

Tomato (1kg)

$2.35 €2.02

$2.56 €2.20

-8.20%

Potato (1kg)

$1.83 €1.58

$1.71 €1.47

7.02%

Onion (1kg)

$1.97 €1.70

$2.05 €1.76

-3.90%

Lettuce (1 head)

$1.65 €1.42

$1.31 €1.13

25.95%

Water (1.5 liter bottle)

$0.71 €0.61

Cigarettes 20 Pack (Marlboro, Camel)

$6.50 €5.59

$6.39 €5.50

1.72%

Wine (Bottle)

$5.84 €5.02

$5.68 €4.89

2.82%

Local Beer (0.5 liter bottle)

$1.54 €1.33

$1.21 €1.04

27.27%

Imported Beer (0.33 liter bottle)

$1.99 €1.71

$2.13 €1.83

-6.57%

One-way Ticket (Public Transport)

$1.70 €1.46

$1.71 €1.47

-0.58%

Public Transport Monthly Pass (Regular Price)

$33.29 €28.63

$33.68 €28.97

-1.16%

Taxi Start (Normal Tariff)

$3.57 €3.07

$3.98 €3.42

-10.30%

Taxi (Normal Tariff) (1km)

$1.25 €1.07

$1.26 €1.09

-0.79%

Taxi 1hour Waiting (Normal Tariff)

$24.91 €21.43

$24.99 €21.50

-0.32%

Gasoline (1 liter)

$1.74 €1.50

$1.82 €1.57

-4.40%

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

$34.3K €29.5K

$38.9K €33.5K

-11.84%

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

$33.1K €28.4K

$30.6K €26.3K

8.02%

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

$144 €124

$135 €116

6.24%

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

$13.62 €11.71

$20.46 €17.60

-33.43%

Internet (50+ Mbps, Unlimited Data)

$29.97 €25.78

$31.55 €27.14

-5.01%

Gym Membership (Monthly)

$41.51 €35.71

$47.12 €40.54

-11.91%

Tennis Court (1 Hour on Weekend)

$13.13 €11.30

$14.94 €12.85

-12.12%

Cinema Ticket

$9.95 €8.56

$9.02 €7.76

10.31%

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

$592 €509

$402 €345

47.49%

International Primary School, 1 Child (Yearly)

$11.8K €10.1K

$8,239 €7,087

42.74%

Jeans (Levis 501 Or Similar)

$103 €89.0

$83.5 €71.8

23.88%

Summer Dress (H&M, Zara, etc)

$37.03 €31.86

$35.52 €30.56

4.25%

Sport Shoes (Adidas, Nike)

$101 €87.2

$88.8 €76.4

14.12%

Men's Leather Business Shoes

$127 €109

$109 €93.7

16.25%

1-bedroom Apartment, City Center (Monthly)

$1,209 €1,040

$861 €740

40.44%

1-bedroom Apartment, Outside City Center (Monthly)

$922 €793

$690 €594

33.54%

3-bedroom Apartment, City Center (Monthly)

$2,004 €1,724

$1,307 €1,124

53.31%

3-bedroom Apartment, Outside City Center (Monthly)

$1,352 €1,163

$1,005 €865

34.49%

Buy Apartment in City Center (m2)

$5,831 €5,016

$3,393 €2,919

71.85%

Buy Apartment Outside City Center (m2)

$3,606 €3,101

$2,289 €1,969

57.53%

Average Monthly Net Salary (After Tax)

$1,964 €1,689

20-Year Fixed Mortgage Interest Rate (Annual %)

3.44

3.5

-1.71%

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

Last update for Valencia: June 1, 2026

Last update for Gran Canaria, Canary Islands: June 2, 2026

Cost Breakdown

A central one-bedroom costs $1,209 in Valencia versus $861 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 $57.0 in Valencia versus $57.0 in Gran Canaria, Canary Islands. Monthly groceries follow the same trend: $252 vs $260 – making Valencia the more affordable choice for daily food spending.

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 14%, and the gap shows up most in Clothing & Footwear. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,788 per month in Valencia and $2,440 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 $592 per month in Valencia and $402 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 3% 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 $1,627, than in Valencia at $1,859. 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.