Cost of living
Tenerife (Spain) compared to Madrid (Spain)
🏛️
Overview comparison
Tenerife (Spain)Madrid (Spain)
Consumer prices in Tenerife (Spain) are roughly 8% higher than in Madrid (Spain).
Cost of living
| Item | Tenerife (Spain) | Madrid (Spain) |
|---|
| Total with rent one person | 1,512 | 1,746 |
|---|
| Total with rent family | 3,192 | 3,153 |
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| Without rent one person | 695 | 718 |
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| Without rent one family | 2,320 | 2,325 |
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| Rent & Utilities person | 1,054.69 | 1,114.97 |
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| Rent & Utilities family | 1,706.66 | 1,521.92 |
|---|
| Food person | 357 | 315 |
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| Food family | 1,071 | 1,113 |
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| Transport person | 111.61 | 146.72 |
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| Transport family | 406.75 | 336.67 |
|---|
| Life expectancy | 80.64 years | 78.35 years |
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Eating Out
| Item | Tenerife (Spain) | Madrid (Spain) |
|---|
| Lunch Menu | 12.43 | 10.04 |
|---|
| Dinner in a Restaurant, for 2 | 44.73 | 40.23 |
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| Fast food meal, equiv. McDonald's | 9.84 | 9.13 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 2.48 | 2.36 |
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| Cappuccino | 1.48 | 2.14 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.47 | 1.45 |
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Rent & Utilities
| Item | Tenerife (Spain) | Madrid (Spain) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,053.18 | 1,233.86 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 967.49 | 854.88 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,034.27 | 1,572.34 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,606.47 | 1,497.43 |
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| Utility Bill one person, electricity, heating, water, etc. | 50.56 | 61.3 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 97.65 | 80.45 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 27.73 | 25.65 |
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Transportation
| Item | Tenerife (Spain) | Madrid (Spain) |
|---|
| Local transport ticket | 3.17 | 3.18 |
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| Monthly ticket local transport | 3,417 | 3,419 |
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| Taxi Ride, 8 km or 5 mi | 1,720 | 2,204 |
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| Gas / Petrol, 1 L or 0.26 gal | 1.61 | 1.43 |
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| Mortgage Interest Rate for 20 Years | 44.28% | 35.27% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 22.65 | 21.36 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 1.51 | 1.36 |
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Groceries
| Item | Tenerife (Spain) | Madrid (Spain) |
|---|
| Milk, 1 L or 1 qt | 1.31 | 0.94 |
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| Bread, 0.5 kg or 1.1 lb | 1.72 | 2.06 |
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| Eggs, x12 | 2.91 | 3.6 |
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| Cheese, 1 kg or 2.2 lb | 13.76 | 13.85 |
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| Chicken Breast, 1 kg or 2.2 lb | 7.07 | 7.3 |
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| Round Steak, 1 kg or 2.2 lb | 14.05 | 14.39 |
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| Banana, 1 kg or 2.2 lb | 1.47 | 1.89 |
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| Water, 1 L or 1 qt | 0.54 | 0.61 |
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Other
| Item | Tenerife (Spain) | Madrid (Spain) |
|---|
| Gym Membership, 1 month | 38.16 | 49.48 |
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| Cinema Ticket, 1 person | 7.61 | 8.01 |
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| Doctors visit | 80.34 | 83.37 |
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| Haircut, simple | 11.73 | 11.69 |
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| Brand Jeans | 88.88 | 70.08 |
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| Brand Sneakers | 94.03 | 104.26 |
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| Daycare or Preschool, 1 month | 417.67 | 386.63 |
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| International Primary School, 1 year | 7,756 | 5,425 |
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