Cost of Living Comparison Between Valencia and Lanzarote Cost of Living Comparison Between Valencia and Lanzarote

🙂 Solo nomad: Valencia is 4.9% cheaper than Lanzarote without rent, and 14.7% more expensive with rent.
🙂 Family of 3: Valencia is 11.3% cheaper than Lanzarote without rent, and 9.8% more expensive with rent.
Currency
🍽 Eating Out
Valencia
Lanzarote
Difference
Meal at Budget Restaurant
$14.91 €12.87
$12.08 €10.43
23.43%
Three-Course Dinner for Two, Mid-Range
$58.6 €50.6
$57.5 €49.65
1.98%
Fast Food Meal (McDonalds, etc)
$12.51 €10.8
$10.62 €9.17
17.80%
Cappuccino
$2.65 €2.28
$2.22 €1.92
19.37%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.44 €2.1
$2.21 €1.91
10.41%
Water (0.33 liter bottle)
$2.05 €1.77
$1.2 €1.04
70.83%
Local Beer (0.5 liter draught)
$3.48 €3.01
$2.84 €2.45
22.54%
Imported Beer (0.33 liter bottle)
$3.39 €2.92
$4.3 €3.71
-21.16%
🛒 Groceries & Markets
Valencia
Lanzarote
Difference
Milk (1 liter)
$1.12 €0.97
$1.23 €1.07
-8.94%
White Bread (500g)
$1.31 €1.13
$1.45 €1.25
-9.66%
Rice (white) (1kg)
$1.69 €1.46
$2.04 €1.76
-17.16%
Eggs
$2.82 €2.43
$3.37 €2.91
-16.32%
Local Cheese (1kg)
$11.36 €9.8
$11.85 €10.23
-4.14%
Chicken Fillets (1kg)
$8.5 €7.34
$10.26 €8.85
-17.15%
Beef Round Steak (1kg)
$13.97 €12.06
$17.02 €14.7
-17.92%
Apples (1kg)
$2.69 €2.33
$2.38 €2.06
13.03%
Banana (1kg)
$1.87 €1.62
$2.46 €2.13
-23.98%
Oranges (1kg)
$2.08 €1.8
$2.21 €1.9
-5.88%
Tomato (1kg)
$2.37 €2.05
$2.64 €2.28
-10.23%
Potato (1kg)
$1.83 €1.58
$1.77 €1.53
3.39%
Onion (1kg)
$1.99 €1.71
$2.69 €2.32
-26.02%
Lettuce (1 head)
$1.57 €1.36
$1.87 €1.61
-16.04%
Water (1.5 liter bottle)
$0.75 €0.65
$0.98 €0.84
-23.47%
Cigarettes 20 Pack (Marlboro, Camel)
$6.68 €5.77
$4.67 €4.03
43.04%
Wine (Bottle)
$5.71 €4.93
$6.13 €5.29
-6.85%
Local Beer (0.5 liter bottle)
$1.53 €1.32
$1.63 €1.41
-6.13%
Imported Beer (0.33 liter bottle)
$2.07 €1.78
$3.85 €3.33
-46.23%
🚌 Getting Around
Valencia
Lanzarote
Difference
One-way Ticket (Public Transport)
$1.73 €1.49
$1.7 €1.47
1.76%
Public Transport Monthly Pass (Regular Price)
$33.75 €29.14
$34.5 €29.78
-2.17%
Taxi Start (Normal Tariff)
$3.46 €2.99
$3.39 €2.93
2.06%
Taxi (Normal Tariff) (1km)
$1.21 €1.05
$2.1 €1.81
-42.38%
Taxi 1hour Waiting (Normal Tariff)
$24.93 €21.52
$23.28 €20.1
7.09%
Gasoline (1 liter)
$1.77 €1.52
$1.58 €1.37
12.03%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.2K €30.4K
$38.1K €32.9K
-7.61%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$32.7K €28.2K
$30.7K €26.5K
6.55%
🧾 Monthly Utilities & Internet
Valencia
Lanzarote
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$145 €126
$81 €69.9
79.64%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.54 €11.69
$20.51 €17.71
-33.98%
Internet (50+ Mbps, Unlimited Data)
$29.91 €25.83
$29.91 €25.83
-
🎉 Sport & Entertainment
Valencia
Lanzarote
Difference
Gym Membership (Monthly)
$41.3 €35.66
$48.64 €41.99
-15.09%
Tennis Court (1 Hour on Weekend)
$12.82 €11.07
$14.81 €12.79
-13.44%
Cinema Ticket
$10.11 €8.73
$9.44 €8.15
7.10%
🧸 Childcare & Education
Valencia
Lanzarote
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$605 €522
$530 €458
14.09%
International Primary School, 1 Child (Yearly)
$11.7K €10.1K
$6,349 €5,481
84.51%
👕👟 Clothing & Footwear
Valencia
Lanzarote
Difference
Jeans (Levis 501 Or Similar)
$101 €87.2
$103 €88.7
-1.66%
Summer Dress (H&M, Zara, etc)
$38.28 €33.05
$52.2 €45.08
-26.68%
Sport Shoes (Adidas, Nike)
$99.6 €86
$106 €91.7
-6.25%
Men's Leather Business Shoes
$127 €110
$149 €129
-14.72%
🏠 Accommodation & Living
Valencia
Lanzarote
Difference
1-bedroom Apartment, City Center (Monthly)
$1,202 €1,038
$853 €736
40.96%
1-bedroom Apartment, Outside City Center (Monthly)
$934 €806
$682 €588
37.05%
3-bedroom Apartment, City Center (Monthly)
$1,987 €1,715
$1,306 €1,128
52.10%
3-bedroom Apartment, Outside City Center (Monthly)
$1,375 €1,187
$1,001 €865
37.26%
Buy Apartment in City Center (m2)
$4,330 €3,739
$3,439 €2,970
25.90%
Buy Apartment Outside City Center (m2)
$3,064 €2,645
$2,057 €1,776
48.95%
💵 Salaries & Financials
Valencia
Lanzarote
Difference
Average Monthly Net Salary (After Tax)
$2,499 €2,158
$1,756 €1,516
42.29%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.44
3.43
0.29%

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

Last update for Valencia: October 28, 2025

Last update for Lanzarote: October 29, 2025

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