LifeCost
Santa Cruz de Tenerife

Santa Cruz de Tenerife

Spain

Description

Tenerife enjoys an almost year-round spring climate and a calmer urban pace than Las Palmas. Rents remain moderate in traditional districts (La Salle, Duggi, Barranco Grande) but climb along the Rambla-Central axis and in neighbouring La Laguna, the university town. Average wages are lower than on mainland Spain, yet the 7 % IGIC sales tax and inexpensive public transport (city buses plus the Santa Cruz–La Laguna tram) soften expenses. A car is handy for reaching southern beaches or Teide National Park, adding fuel and inspection costs. Grocery bills rise for imported goods, but local fruit, fresh fish and farmers’ markets cheapen a Mediterranean diet. Tourism underpins much of the economy, providing jobs but also creating seasonal dependence and rental pressure.

Accommodation

Rent room (flat-share)€0.00
1-bed flat (center)€1,000.00
1-bed flat (outside)€833.33
3-bed flat (center)€1,400.00
3-bed flat (outside)€1,133.00

Utilities

Basic utilities€78.18
Internet€26.75
Mobile plan€18.00

Transportation

One-way ticket€1.50
Monthly pass€30.00
Taxi start€4.00
Gasoline (1 l)€1.42

Leisure

Cinema ticket€8.50
Fitness club€43.50

Education

Preschool (month)€300.00
Intl. primary (year)€7,233.00

Advantages

  • Year-round mild climate
  • Lower indirect taxes (7 % IGIC)
  • Cheap public transport (buses and tram)
  • Quick access to nature: beaches, Teide, laurel forests

Disadvantages

  • × Average wages lower than mainland Spain
  • × Economic reliance on tourism and seasonality
  • × Car often needed beyond the metro area
  • × Rising rents in central and university districts