Cost of living in Las Palmas de Gran Canaria
Las Palmas de Gran Canaria, a vibrant city in Spain, offers a unique blend of cultural richness and modern amenities. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $11.06 on average, with a range between $9.48 and $21.07.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $44.78, with prices ranging from $31.61 to $73.76.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.96, with a range between $8.43 and $10.54.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.05 to $4.21, imported beer $2.44 to $4.21, cappuccino $1.26 to $3.16, and Coke/Pepsi $1.26 to $2.63.
Grocery Prices
- Milk - Milk is priced between $0.74 and $1.69 per liter, averaging $1.06.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.05 and $6.32, with an average price of $1.84.
- Eggs (Dozen) - A dozen eggs range from $1.64 to $6.32, averaging $2.7.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.42 to $2.63 per kg, while oranges range from $1.48 to $2.63 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.74 and $6.32 per kg, and lettuce costs $0.53 to $1.95 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.48 and $1.9, with a monthly pass priced between $14.75 and $29.5.
- Fuel (Gasoline) - Gasoline is priced between $1.16 and $1.76 per liter.
- Taxi Fares - Taxi fares start at $3.16, with a cost of $0.56 to $3.16 per km and $15.8 to $26.34 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $632.2 to $1053.66, averaging $842.93.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $632.2 to $948.3, averaging $724.39.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1159.03 to $1791.23, averaging $1384.82.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $948.3 to $1580.5, averaging $1176.59.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $2423.43 to $2950.26, averaging $2659.71.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1053.66 to $2107.33, averaging $1615.53.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $52.68 and $105.37, averaging $73.07.
- Internet - Internet services range from $21.07 to $42.15, with an average cost of $27.18.
Cost of Living Rankings
The cost of living indices for Spain are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Spain, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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Clothing And Shoes
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Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Las Palmas de Gran Canaria offers a relatively affordable cost of living compared to other major cities in Spain. Dining out is reasonably priced, and public transportation is economical.
Housing costs vary significantly depending on location, with city centre apartments being more expensive. Utilities and internet services are also affordable, making it a budget-friendly option for many.
Conclusion
In conclusion, Las Palmas de Gran Canaria provides a balanced cost of living with affordable dining, transportation, and housing options. It is an attractive destination for those seeking a vibrant lifestyle without the high costs associated with larger metropolitan areas.
Potential residents should consider their housing preferences and transportation needs to optimize their budget effectively. Overall, the city offers a compelling mix of affordability and quality of life.