Cost of Living Comparison Between Cologne and Las Palmas de Gran Canaria 

Indices DifferenceInfo
Consumer Prices in Las Palmas de Gran Canaria are 24.5% lower than in Cologne (without rent)
Consumer Prices Including Rent in Las Palmas de Gran Canaria are 27.9% lower than in Cologne
Rent Prices in Las Palmas de Gran Canaria are 36.6% lower than in Cologne
Restaurant Prices in Las Palmas de Gran Canaria are 24.2% lower than in Cologne
Groceries Prices in Las Palmas de Gran Canaria are 23.9% lower than in Cologne
Local Purchasing Power in Las Palmas de Gran Canaria is 43.7% lower than in Cologne
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Cologne Edit Las Palmas de Gran Canaria Edit Difference
Meal, Inexpensive Restaurant 12.00 € 10.75 €      -10.4 %
Meal for 2 People, Mid-range Restaurant, Three-course 57.50 € 40.00 €      -30.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 9.79 € 8.00 €      -18.3 %
Domestic Beer (1 pint draught) 3.50 € 2.50 €      -28.6 %
Imported Beer (12 oz small bottle) 3.20 € 2.75 €      -14.1 %
Cappuccino (regular) 3.28 € 1.71 €      -48.0 %
Coke/Pepsi (12 oz small bottle) 2.43 € 1.18 €      -51.7 %
Water (12 oz small bottle) 1.94 € 1.01 €      -48.0 %
Markets
Cologne Edit Las Palmas de Gran Canaria Edit
Milk (regular), (1 gallon) 4.35 € 4.50 €      +3.6 %
Loaf of Fresh White Bread (1 lb) 1.89 € 1.36 €      -27.9 %
Rice (white), (1 lb) 1.33 € 0.70 €      -46.9 %
Eggs (regular) (12) 3.52 € 2.60 €      -26.1 %
Local Cheese (1 lb) 5.25 € 4.83 €      -8.0 %
Chicken Fillets (1 lb) 7.22 € 2.74 €      -62.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.29 € 5.44 €      -25.4 %
Apples (1 lb) 1.00 € 1.08 €      +7.3 %
Banana (1 lb) 0.61 € 0.91 €      +49.8 %
Oranges (1 lb) 0.92 € 0.77 €      -16.2 %
Tomato (1 lb) 1.10 € 0.98 €      -11.0 %
Potato (1 lb) 0.72 € 0.64 €      -11.8 %
Onion (1 lb) 0.81 € 1.13 €      +39.7 %
Lettuce (1 head) 1.52 € 1.55 €      +2.1 %
Water (1.5 liter bottle) 0.49 € 0.93 €      +90.7 %
Bottle of Wine (Mid-Range) 4.99 € 5.00 €      +0.2 %
Domestic Beer (0.5 liter bottle) 0.99 € 0.90 €      -8.7 %
Imported Beer (12 oz small bottle) 1.76 € 2.50 €      +41.7 %
Cigarettes 20 Pack (Marlboro) 8.00 € 4.00 €      -50.0 %
Transportation
Cologne Edit Las Palmas de Gran Canaria Edit
One-way Ticket (Local Transport) 3.10 € 1.40 €      -54.8 %
Monthly Pass (Regular Price) 49.00 € 20.00 €      -59.2 %
Taxi Start (Normal Tariff) 4.45 € 2.60 €      -41.6 %
Taxi 1 mile (Normal Tariff) 3.22 € 4.02 €      +25.0 %
Taxi 1hour Waiting (Normal Tariff) 30.00 € 20.00 €      -33.3 %
Gasoline (1 gallon) 6.53 € 5.87 €      -10.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 € 33,365.00 €      +22.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,666.67 € 23,666.67 €      -7.8 %
Utilities (Monthly)
Cologne Edit Las Palmas de Gran Canaria Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 272.99 € 66.60 €      -75.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 16.75 € 18.71 €      +11.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 45.47 € 41.67 €      -8.4 %
Sports And Leisure
Cologne Edit Las Palmas de Gran Canaria Edit
Fitness Club, Monthly Fee for 1 Adult 26.67 € 45.00 €      +68.7 %
Tennis Court Rent (1 Hour on Weekend) 17.17 € 11.00 €      -35.9 %
Cinema, International Release, 1 Seat 12.00 € 7.70 €      -35.8 %
Childcare
Cologne Edit Las Palmas de Gran Canaria Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 733.33 € 103.00 €      -86.0 %
International Primary School, Yearly for 1 Child 15,000.00 € 7,200.00 €      -52.0 %
Clothing And Shoes
Cologne Edit Las Palmas de Gran Canaria Edit
1 Pair of Jeans (Levis 501 Or Similar) 81.75 € 78.75 €      -3.7 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.64 € 30.00 €      +4.7 %
1 Pair of Nike Running Shoes (Mid-Range) 75.89 € 77.50 €      +2.1 %
1 Pair of Men Leather Business Shoes 92.94 € 57.50 €      -38.1 %
Rent Per Month
Cologne Edit Las Palmas de Gran Canaria Edit
Apartment (1 bedroom) in City Centre 926.67 € 550.00 €      -40.6 %
Apartment (1 bedroom) Outside of Centre 728.00 € 550.00 €      -24.5 %
Apartment (3 bedrooms) in City Centre 1,835.91 € 900.00 €      -51.0 %
Apartment (3 bedrooms) Outside of Centre 1,239.09 € 1,000.00 €      -19.3 %
Buy Apartment Price
Cologne Edit Las Palmas de Gran Canaria Edit
Price per Square Feet to Buy Apartment in City Centre 481.43 € 213.68 €      -55.6 %
Price per Square Feet to Buy Apartment Outside of Centre 299.61 € 175.89 €      -41.3 %
Salaries And Financing
Cologne Edit Las Palmas de Gran Canaria Edit
Average Monthly Net Salary (After Tax) 2,930.50 € 1,190.00 €      -59.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.73 3.50      -6.2 %
Last update: February 2024February 2024
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