Cost of living in Santa Cruz de Tenerife
Santa Cruz de Tenerife, the capital of Tenerife in the Canary Islands, offers a unique blend of Spanish culture and island life. 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, including housing, dining, transportation, and more, to help you budget effectively and make informed decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15.80 on average, with a range between $10.54 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 $40.04 to $63.22.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.48, 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 $3.16, imported beer $1.90 to $5.27, cappuccino $1.05 to $3.16, and Coke/Pepsi $1.05 to $2.11.
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 $0.35 and $6.32, with an average price of $1.55.
- Eggs (Dozen) - A dozen eggs range from $1.64 to $3.69, averaging $2.70.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.05 to $3.16 per kg, while oranges range from $1.05 to $2.63 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.74 and $2.11 per kg, and lettuce costs $0.53 to $1.58 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $1.05 and $1.58, with a monthly pass priced between $20.02 and $40.04.
- Fuel (Gasoline) - Gasoline is priced between $1.26 and $1.76 per liter.
- Taxi Fares - Taxi fares start at $3.16, with a cost of $1 to $3.16 per km and $10.54 to $42.15 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $737.56 to $1264.40, averaging $921.96.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $737.56 to $1053.66, averaging $856.10.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1264.40 to $1580.50, averaging $1343.42.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1053.66 to $1580.50, averaging $1238.06.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $1896.60 to $3160.99, averaging $2458.55.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $1053.66 to $2739.53, averaging $1738.55.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $52.68 and $105.37, averaging $82.
- Internet - Internet services range from $26.34 to $42.15, with an average cost of $31.61.
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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"Key Takeaways"
Santa Cruz de Tenerife offers a relatively affordable cost of living compared to many European cities, especially in terms of housing and dining.
Public transportation is economical, and the cost of groceries is generally reasonable, making it a budget-friendly option for residents.
Potential residents should consider the variability in rental prices and utilities, which can fluctuate based on location and specific needs.
Conclusion
In conclusion, Santa Cruz de Tenerife provides a balanced cost of living with affordable housing and dining options, making it an attractive destination for both locals and expatriates.
While some costs, such as utilities and transportation, are modest, it's important to budget for potential fluctuations in rent and other living expenses.
Overall, the city offers a vibrant lifestyle with a reasonable cost structure, ideal for those seeking a blend of urban and island living.