Last update: Oct 2026

Cost of Living Comparison Between Valencia and Las Palmas de Gran Canaria

Name: Las Palmas de Gran Canaria
Address: Las Palmas de Gran Canaria, ES

For one person, living is cheaper in Las Palmas de Gran Canaria: $1,705 a month against $2,078 in Valencia, rent and utilities included – about $4,500 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
82

Cost of Living Index in Las Palmas de Gran Canaria
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Las Palmas de Gran Canaria Living Index

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Valencia

🇪🇸 Spain

$2,078

/mo nomad

Las Palmas de Gran Canaria

🇪🇸 Spain

$1,705

/mo nomad

Monthly Cost of Living

How much you'll spend in Valencia and in Las Palmas de Gran Canaria

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 Las Palmas de Gran Canaria actually costs, broken down by who's living it.

A single person spends $2,078 per month in Valencia vs $1,705 in Las Palmas de Gran Canaria, rent included.

Valencia $2,078
Las Palmas de Gran Canaria $1,705

A couple spends around $3,034 per month in Valencia vs $2,582 in Las Palmas de Gran Canaria, rent included.

Valencia $3,034
Las Palmas de Gran Canaria $2,582

A family of three spends $3,990 per month in Valencia vs $3,458 in Las Palmas de Gran Canaria, rent included.

Valencia $3,990
Las Palmas de Gran Canaria $3,458

Valencia costs about 22% more than Las Palmas de Gran Canaria, and outside of rent the biggest gap is in eating out.

Both Valencia and Las Palmas de Gran Canaria sit above the global median – Valencia by 53%, Las Palmas de Gran Canaria by 26%.

Meal at Budget Restaurant

$19.28 €17.15

$13.21 €11.75

45.95%

Three-Course Dinner for Two, Mid-Range

$67.1 €59.7

$73.8 €65.6

-9.09%

Fast Food Meal (McDonalds, etc)

$12.24 €10.89

$10.46 €9.30

17.02%

Cappuccino

$2.64 €2.34

$2.56 €2.28

3.13%

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

$2.50 €2.22

$2.20 €1.96

13.64%

Water (0.33 liter bottle)

$2.00 €1.78

$1.60 €1.42

25.00%

Local Beer (0.5 liter draught)

$3.46 €3.08

$3.09 €2.75

11.97%

Imported Beer (0.33 liter bottle)

$4.40 €3.92

$3.55 €3.16

23.94%

Milk (1 liter)

$1.19 €1.05

$1.13 €1.01

5.31%

White Bread (500g)

$1.35 €1.20

$1.64 €1.46

-17.68%

Rice (white) (1kg)

$1.79 €1.59

$1.63 €1.45

9.82%

Eggs

$3.52 €3.13

$3.73 €3.32

-5.63%

Local Cheese (1kg)

$10.81 €9.62

$11.87 €10.56

-8.93%

Chicken Fillets (1kg)

$8.07 €7.18

$9.86 €8.77

-18.15%

Beef Round Steak (1kg)

$16.06 €14.29

$18.21 €16.20

-11.81%

Apples (1kg)

$2.52 €2.24

$2.60 €2.31

-3.08%

Banana (1kg)

$1.91 €1.70

$2.66 €2.36

-28.20%

Oranges (1kg)

$1.86 €1.66

$2.26 €2.01

-17.70%

Tomato (1kg)

$2.62 €2.33

Potato (1kg)

$1.70 €1.51

$2.31 €2.06

-26.41%

Onion (1kg)

$1.77 €1.57

$2.38 €2.12

-25.63%

Lettuce (1 head)

$1.15 €1.02

$1.99 €1.77

-42.21%

Water (1.5 liter bottle)

$0.75 €0.66

$0.87 €0.77

-13.79%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.82

$4.58 €4.07

43.01%

Wine (Bottle)

$5.49 €4.89

$6.93 €6.16

-20.78%

Local Beer (0.5 liter bottle)

$1.34 €1.19

$1.80 €1.61

-25.56%

Imported Beer (0.33 liter bottle)

$1.65 €1.47

$2.62 €2.33

-37.02%

One-way Ticket (Public Transport)

$2.18 €1.94

$1.76 €1.57

23.86%

Public Transport Monthly Pass (Regular Price)

$38.84 €34.55

$15.47 €13.76

151.07%

Taxi Start (Normal Tariff)

$4.46 €3.97

$3.45 €3.07

29.28%

Taxi (Normal Tariff) (1km)

$1.33 €1.19

$2.29 €2.03

-41.92%

Taxi 1hour Waiting (Normal Tariff)

$23.56 €20.96

$28.59 €25.43

-17.59%

Gasoline (1 liter)

$1.81 €1.61

$1.74 €1.55

4.02%

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

$33.8K €30.0K

$30.8K €27.4K

9.66%

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

$31.7K €28.2K

$31.8K €28.3K

-0.12%

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

$157 €140

$114 €102

37.21%

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

$16.29 €14.49

$19.81 €17.62

-17.77%

Internet (50+ Mbps, Unlimited Data)

$34.31 €30.52

$28.65 €25.48

19.76%

Gym Membership (Monthly)

$42.78 €38.05

$42.84 €38.11

-0.14%

Tennis Court (1 Hour on Weekend)

$8.69 €7.73

$16.59 €14.75

-47.62%

Cinema Ticket

$10.81 €9.61

$8.92 €7.94

21.19%

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

$584 €519

$482 €429

20.98%

International Primary School, 1 Child (Yearly)

$9,663 €8,595

$6,731 €5,987

43.55%

Jeans (Levis 501 Or Similar)

$90.8 €80.7

$86.6 €77.0

4.85%

Summer Dress (H&M, Zara, etc)

$41.38 €36.81

$37.36 €33.23

10.76%

Sport Shoes (Adidas, Nike)

$94.1 €83.7

$90.0 €80.1

4.57%

Men's Leather Business Shoes

$120 €107

$122 €108

-1.48%

1-bedroom Apartment, City Center (Monthly)

$1,405 €1,250

$993 €883

41.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,069 €951

$789 €702

35.48%

3-bedroom Apartment, City Center (Monthly)

$2,314 €2,058

$1,584 €1,409

46.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,673 €1,488

$1,235 €1,099

35.39%

Buy Apartment in City Center (m2)

$5,572 €4,956

$3,210 €2,856

73.57%

Buy Apartment Outside City Center (m2)

$3,316 €2,950

$1,867 €1,661

77.58%

Average Monthly Net Salary (After Tax)

$1,862 €1,656

$1,726 €1,535

7.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.41

3.15

8.25%

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

Last update for Valencia: October 18, 2026

Last update for Las Palmas de Gran Canaria: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Valencia

$1.1K 51.5%

Las Palmas de Gran Canaria

$789 46.3% 26.2% $280

Eating Out

Valencia

$267 12.8%

Las Palmas de Gran Canaria

$206 12.1% 22.9% $61

Groceries & Markets

Valencia

$255 12.3%

Las Palmas de Gran Canaria

$298 17.5% 16.6% $43

Monthly Utilities & Internet

Valencia

$208 10%

Las Palmas de Gran Canaria

$163 9.6% 21.5% $45

Clothing & Footwear

Valencia

$156 7.5%

Las Palmas de Gran Canaria

$151 8.9% 3% $4.8

Sport & Entertainment

Valencia

$64 3.1%

Las Palmas de Gran Canaria

$61 3.6% 5.7% $3.7

Getting Around

Valencia

$59 2.8%

Las Palmas de Gran Canaria

$37 2.2% 36.3% $21

Cost Breakdown

A central one-bedroom costs $1,405 in Valencia versus $993 in Las Palmas de Gran Canaria. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 8% higher in Valencia, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $67.0 in Valencia versus $74.0 in Las Palmas de Gran Canaria. Monthly groceries follow the same trend: $255 vs $298 – making Valencia the more affordable choice for daily food spending.

Good to know

🇪🇸 Valencia

🇪🇸 Las Palmas de Gran Canaria

🕒 Local time

12:51 12:51 PM

11:51 11:51 AM

1 h behind Valencia

🌤 Weather

👥 Population

807,693

378,027

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Valencia Las Palmas de Gran Canaria 1,870 km ≈ 2 h 45 min nonstop flight

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City Median Internet Speeds Comparison (Updated April 2026)

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Digital Nomad Cost of Living Index

Valencia vs Las Palmas de Gran Canaria: Cost of Living - Frequently Asked Questions

Yes – Valencia is pricier by about 22%, 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 $2,557 in Las Palmas de Gran Canaria. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Las Palmas de Gran Canaria, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,078 in Valencia and $1,705 in Las Palmas de Gran Canaria. That's a gap of about 22%.

Public transport costs about 151% less in Las Palmas de Gran Canaria. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,500 monthly budget goes further in Las Palmas de Gran Canaria, where all-in costs run around $1,705, than in Valencia at $2,078. In Las Palmas de Gran Canaria it covers expenses comfortably, while in Valencia it requires careful planning or may not stretch far enough.

Families tend to lean toward Las Palmas de Gran Canaria – 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 Las Palmas de Gran Canaria. 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.