UnpinnedGlobal City Directory

Fuerteventura

Spain

Cost of Living in Fuerteventura

Comprehensive breakdown of living costs, rent prices, and quality of life metrics

Cost of Living Analysis

Fuerteventura, one of Spain's Canary Islands, offers a moderate cost of living compared to many European destinations. While certain expenses, such as housing in tourist-centric areas, can be higher, the overall affordability of daily necessities and services makes it an attractive option for digital nomads.

Housing costs vary significantly across the island. In popular tourist areas like Corralejo, one-bedroom apartments can range from €700 to €1,100 per month, with two-bedroom units costing between €900 and €1,400. In contrast, inland regions and the capital, Puerto del Rosario, offer more affordable options, with property prices averaging around €1,483 per square meter. It's important to note that long-term rentals can be challenging to secure, as many landlords prefer short-term holiday lets due to higher returns. (jpinfuerteventura.com, blog.destinyhome.es)

Daily expenses are generally reasonable. A single person's monthly grocery bill typically ranges from €200 to €300, while dining out at local cafes and mid-range restaurants is affordable, with meals costing between €15 and €20 per person. Utilities, including electricity, water, and internet, average around €100 to €150 per month for a modest apartment. Transportation is also cost-effective, with local bus fares and fuel prices comparable to mainland Spain. (jpinfuerteventura.com, matthewjamesremovalsspain.com)

The island boasts a high quality of life, characterized by its stunning beaches, mild climate, and relaxed atmosphere. Healthcare services are accessible, with both public and private options available. However, it's worth noting that while the cost of living is moderate, average local incomes are relatively low, which can impact the affordability of certain goods and services for residents. (fuerteventura-news.com)

For digital nomads considering Fuerteventura, it's advisable to budget carefully, especially for housing, and to explore various regions of the island to find accommodations that balance cost and convenience. Embracing the local lifestyle, such as shopping at local markets and dining at inland eateries, can further enhance affordability and provide a more authentic experience.