LifeCost
Las Palmas

Las Palmas

Spain

Description

Life in Las Palmas means enjoying year-round mild subtropical weather in an island capital that blends tourism, regional government and a growing remote-worker scene. Rents have risen in beachfront districts like Las Canteras and Guanarteme due to digital-nomad demand, yet remain below Madrid or Barcelona levels. Inner neighbourhoods (Schamann, La Isleta, Vegueta) offer more moderate prices, though supply is tight. Average wages are lower than on the mainland; however, indirect taxation is lighter (7 % IGIC) and city buses are inexpensive. The grocery basket can be pricier for imported goods, offset by local fruit and affordable leisure: free beaches, surfing, hiking and open-air culture. Island geography brings reliance on flights and ferries for travel and goods, pushing up ticket and logistics costs.

Accommodation

Rent room (flat-share)€0.00
1-bed flat (center)€830.00
1-bed flat (outside)€711.11
3-bed flat (center)€1,287.00
3-bed flat (outside)€1,216.00

Utilities

Basic utilities€69.35
Internet€25.80
Mobile plan€18.00

Transportation

One-way ticket€1.40
Monthly pass€14.00
Taxi start€4.00
Gasoline (1 l)€1.41

Leisure

Cinema ticket€8.50
Fitness club€44.83

Education

Preschool (month)€457.50
Intl. primary (year)€5,560.00

Advantages

  • Year-round mild climate and urban beach
  • Lower indirect taxes (7 % IGIC)
  • Free or low-cost outdoor leisure
  • Growing digital-nomad and remote-work ecosystem

Disadvantages

  • × Average wages lower than mainland Spain
  • × Rising rents in coastal areas due to foreign demand
  • × Reliance on flights and ferries raises travel costs
  • × Limited housing supply in central districts