UnpinnedGlobal City Directory

Las Palmas De Gran Canaria

Spain

Cost of Living in Las Palmas De Gran Canaria

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

Cost of Living Analysis

Las Palmas de Gran Canaria, the capital of Gran Canaria in Spain's Canary Islands, offers a moderate cost of living that appeals to digital nomads seeking a balance between affordability and quality of life. While certain expenses have risen in recent years, the city remains more affordable compared to many major European urban centers.

Housing costs have experienced notable increases, with rental prices climbing due to high demand and limited supply. As of early 2025, the average rent for a one-bedroom apartment in the city center is approximately €845 per month, while similar accommodations outside the center average around €717 monthly. This upward trend has been influenced by factors such as tourism growth and real estate speculation. In response, some residents have turned to alternative living arrangements, including residing on boats, to manage housing expenses. (elpais.com)

Daily expenses like groceries and dining out are generally reasonable. A meal at an inexpensive restaurant typically costs around €10.50, and a three-course meal for two at a mid-range restaurant averages €50. Transportation within the city is efficient and affordable, with a well-developed bus system operated by Guaguas Municipales, offering extensive coverage and frequent service. (en.wikipedia.org) Utilities for an 85m² apartment average about €73 per month, and internet services are competitively priced, averaging €27 monthly.

The city boasts a high quality of life, characterized by a pleasant climate, vibrant cultural scene, and diverse recreational opportunities. However, the recent surge in tourism has led to increased living costs and housing shortages, prompting public demonstrations advocating for more affordable housing and sustainable tourism practices. (elpais.com)

For digital nomads considering Las Palmas de Gran Canaria, it's advisable to budget carefully for housing, given the current market dynamics. Exploring accommodations outside the city center or considering co-living spaces can offer more affordable options. Embracing the local lifestyle, such as shopping at local markets and utilizing public transportation, can further enhance the experience while keeping expenses manageable.