Cost of Living Comparison Between London and Canary Islands 

Indices DifferenceInfo
Cost of Living in Canary Islands is 47.8% lower than in London (excluding rent)
Cost of Living Including Rent in Canary Islands is 55.5% lower than in London
Rent Prices in Canary Islands are 66.9% lower than in London
Restaurant Prices in Canary Islands are 43.9% lower than in London
Groceries Prices in Canary Islands are 29.9% lower than in London
Local Purchasing Power in Canary Islands is 23.3% lower than in London
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
London Edit Canary Islands Edit Difference
Meal, Inexpensive Restaurant 20.00 £
(23.78 €)
12.62 £
(15.00 €)
     -36.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 £
(95.11 €)
42.06 £
(50.00 €)
     -47.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 8.00 £
(9.51 €)
7.15 £
(8.50 €)
     -10.6 %
Domestic Beer (1 pint draught) 6.01 £
(7.15 €)
2.10 £
(2.50 €)
     -65.0 %
Imported Beer (12 oz small bottle) 6.00 £
(7.13 €)
2.36 £
(2.80 €)
     -60.7 %
Cappuccino (regular) 3.80 £
(4.52 €)
1.26 £
(1.50 €)
     -66.8 %
Coke/Pepsi (12 oz small bottle) 2.08 £
(2.48 €)
1.30 £
(1.55 €)
     -37.4 %
Water (12 oz small bottle) 1.43 £
(1.70 €)
0.76 £
(0.90 €)
     -47.0 %
Markets
London Edit Canary Islands Edit
Milk (regular), (1 gallon) 4.78 £
(5.69 €)
3.43 £
(4.08 €)
     -28.3 %
Loaf of Fresh White Bread (1 lb) 1.42 £
(1.69 €)
1.14 £
(1.36 €)
     -19.3 %
Rice (white), (1 lb) 0.82 £
(0.97 €)
0.49 £
(0.58 €)
     -40.4 %
Eggs (regular) (12) 3.58 £
(4.26 €)
2.36 £
(2.80 €)
     -34.3 %
Local Cheese (1 lb) 3.78 £
(4.49 €)
5.63 £
(6.69 €)
     +48.9 %
Chicken Fillets (1 lb) 3.04 £
(3.62 €)
2.80 £
(3.33 €)
     -8.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.90 £
(5.83 €)
4.77 £
(5.67 €)
     -2.7 %
Apples (1 lb) 1.15 £
(1.37 €)
0.81 £
(0.96 €)
     -29.8 %
Banana (1 lb) 0.60 £
(0.72 €)
0.57 £
(0.67 €)
     -6.2 %
Oranges (1 lb) 1.04 £
(1.24 €)
0.53 £
(0.64 €)
     -48.8 %
Tomato (1 lb) 1.25 £
(1.49 €)
0.85 £
(1.01 €)
     -31.9 %
Potato (1 lb) 0.56 £
(0.67 €)
0.52 £
(0.62 €)
     -7.3 %
Onion (1 lb) 0.57 £
(0.68 €)
0.57 £
(0.67 €)
     -0.8 %
Lettuce (1 head) 1.00 £
(1.19 €)
1.09 £
(1.30 €)
     +9.3 %
Water (1.5 liter bottle) 1.30 £
(1.55 €)
0.49 £
(0.58 €)
     -62.3 %
Bottle of Wine (Mid-Range) 9.00 £
(10.70 €)
5.04 £
(5.99 €)
     -44.0 %
Domestic Beer (0.5 liter bottle) 2.36 £
(2.81 €)
1.05 £
(1.25 €)
     -55.5 %
Imported Beer (12 oz small bottle) 2.89 £
(3.44 €)
1.28 £
(1.52 €)
     -55.7 %
Cigarettes 20 Pack (Marlboro) 16.75 £
(19.91 €)
3.47 £
(4.13 €)
     -79.3 %
Transportation
London Edit Canary Islands Edit
One-way Ticket (Local Transport) 2.80 £
(3.33 €)
0.00 £
(0.00 €)
     -100.0 %
Monthly Pass (Regular Price) 183.04 £
(217.61 €)
0.00 £
(0.00 €)
     -100.0 %
Taxi Start (Normal Tariff) 4.50 £
(5.35 €)
2.78 £
(3.30 €)
     -38.3 %
Taxi 1 mile (Normal Tariff) 4.18 £
(4.97 €)
1.86 £
(2.21 €)
     -55.5 %
Taxi 1hour Waiting (Normal Tariff) 30.00 £
(35.67 €)
12.62 £
(15.00 €)
     -57.9 %
Gasoline (1 gallon) 5.44 £
(6.46 €)
4.47 £
(5.31 €)
     -17.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 28,285.00 £
(33,626.18 €)
18,505.52 £
(22,000.00 €)
     -34.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,922.94 £
(34,384.58 €)
21,870.16 £
(26,000.00 €)
     -24.4 %
Utilities (Monthly)
London Edit Canary Islands Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 233.10 £
(277.12 €)
65.76 £
(78.18 €)
     -71.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 15.21 £
(18.08 €)
15.61 £
(18.56 €)
     +2.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.46 £
(37.40 €)
21.45 £
(25.50 €)
     -31.8 %
Sports And Leisure
London Edit Canary Islands Edit
Fitness Club, Monthly Fee for 1 Adult 48.84 £
(58.06 €)
35.75 £
(42.50 €)
     -26.8 %
Tennis Court Rent (1 Hour on Weekend) 16.42 £
(19.52 €)
18.23 £
(21.67 €)
     +11.0 %
Cinema, International Release, 1 Seat 15.00 £
(17.83 €)
7.15 £
(8.50 €)
     -52.3 %
Childcare
London Edit Canary Islands Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,804.45 £
(2,145.19 €)
252.35 £
(300.00 €)
     -86.0 %
International Primary School, Yearly for 1 Child 20,965.22 £
(24,924.18 €)
6,084.39 £
(7,233.33 €)
     -71.0 %
Clothing And Shoes
London Edit Canary Islands Edit
1 Pair of Jeans (Levis 501 Or Similar) 80.11 £
(95.24 €)
50.47 £
(60.00 €)
     -37.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 36.00 £
(42.80 €)
24.53 £
(29.17 €)
     -31.9 %
1 Pair of Nike Running Shoes (Mid-Range) 92.30 £
(109.73 €)
58.46 £
(69.50 €)
     -36.7 %
1 Pair of Men Leather Business Shoes 117.34 £
(139.50 €)
55.38 £
(65.83 €)
     -52.8 %
Rent Per Month
London Edit Canary Islands Edit
Apartment (1 bedroom) in City Centre 2,218.66 £
(2,637.62 €)
831.84 £
(988.92 €)
     -62.5 %
Apartment (1 bedroom) Outside of Centre 1,636.21 £
(1,945.18 €)
509.38 £
(605.57 €)
     -68.9 %
Apartment (3 bedrooms) in City Centre 4,133.78 £
(4,914.38 €)
1,645.03 £
(1,955.67 €)
     -60.2 %
Apartment (3 bedrooms) Outside of Centre 2,721.63 £
(3,235.56 €)
582.75 £
(692.80 €)
     -78.6 %
Buy Apartment Price
London Edit Canary Islands Edit
Price per Square Feet to Buy Apartment in City Centre 1,459.24 £
(1,734.79 €)
229.24 £
(272.53 €)
     -84.3 %
Price per Square Feet to Buy Apartment Outside of Centre 780.29 £
(927.63 €)
156.28 £
(185.79 €)
     -80.0 %
Salaries And Financing
London Edit Canary Islands Edit
Average Monthly Net Salary (After Tax) 3,049.95 £
(3,625.88 €)
1,041.92 £
(1,238.67 €)
     -65.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.03 3.33      -33.7 %
Last update: May 2025May 2025
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