Popular cities
Las Palmas vs Madrid cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money ยท Updated October 2026
๐ช๐ธ Las Palmas
๐ช๐ธ Madrid
At a glance
- Where Las Palmas is clearly cheaper: Bottled water (42%โ), Studio rent (month) (34%โ), Taxi (34%โ)
By category
Salary equivalence
Travel difficulty
Madrid is easier to travel (1.8 vs 2.2). Biggest gap: language โ Las Palmas 3 vs Madrid 2. Closer to 1 is easier. Difficulty ranking โบ
Item by item
| Item | Las Palmas | Madrid | Cheaper |
|---|---|---|---|
| Local mealper person | โฌ 13$15.1 | โฌ 14$16.3 | Las Palmas โ7% |
| Street food1 item | โฌ 5$5.81 | โฌ 5$5.81 | similar |
| Restaurant dinnerper person | โฌ 28$32.6 | โฌ 30$34.9 | Las Palmas โ7% |
| Coffeeone cup | โฌ 1.8$2.09 | โฌ 2.5$2.91 | Las Palmas โ28% |
| Beerone bottle | โฌ 2.8$3.26 | โฌ 4$4.65 | Las Palmas โ30% |
| Cocktail & wineone cup | โฌ 6$6.98 | โฌ 9$10.5 | Las Palmas โ33% |
| Bottled water | โฌ 0.7$0.81 | โฌ 1.2$1.4 | Las Palmas โ42% |
| Convenience store1 snack or drink | โฌ 1.5$1.74 | โฌ 1.8$2.09 | Las Palmas โ17% |
| Taxi5 km in town | โฌ 7.3$8.49 | โฌ 11$12.8 | Las Palmas โ34% |
| Tuk-tuk / moto taxishort hop | โฌ 5$5.81 | โฌ 7$8.14 | Las Palmas โ29% |
| Transitone ride | โฌ 1.4$1.63 | โฌ 1.5$1.74 | Las Palmas โ7% |
| Scooter rentalper day | โฌ 25$29.1 | โฌ 35$40.7 | Las Palmas โ29% |
| Hotel night3-star | โฌ 105$122 | โฌ 120$140 | Las Palmas โ12% |
| Studio rent (month) | โฌ 820$953 | โฌ 1,250$1,453 | Las Palmas โ34% |
| Laundry | โฌ 3$3.49 | โฌ 3$3.49 | similar |
| SIM card1 week data | โฌ 10$11.6 | โฌ 15$17.4 | Las Palmas โ33% |
| Haircutcut | โฌ 12$14 | โฌ 18$20.9 | Las Palmas โ33% |
| Massage1 hour | โฌ 40$46.5 | โฌ 50$58.1 | Las Palmas โ20% |
| Half-day tourper person | โฌ 40$46.5 | โฌ 35$40.7 | Madrid โ12% |
| Entry ticketTourist town | โฌ 10$11.6 | โฌ 15$17.4 | Las Palmas โ33% |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Las Palmas or Madrid?
Las Palmas is 17% cheaper than Madrid. Daily budget $231 vs $267; a month $4,166 vs $5,187.
Which is easier to travel, Las Palmas or Madrid?
Madrid is easier: Madrid 1.8/5 vs Las Palmas 2.2/5 (average of rip-offs, language, transport, payments and safety).
How do monthly costs compare between Las Palmas and Madrid?
With a short-term studio and living costs, Las Palmas is about $4,166 and Madrid about $5,187 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.