Cost of Living in Tenerife, Spain

Tenerife has a cost of living index of 50/100 (New York = 100). It is 50% cheaper than New York. Data sourced live via AI — updated regularly.

50/100
Cost Index
$2,350/mo
Median Income
78/100
Safety Index
subtropical oceanic
Climate

Cost Breakdown by Category

HousingScore: 48/100
1-Bed Apartment (City Center)$980/month
1-Bed Apartment (Outside Center)$750/month
3-Bed Apartment (City Center)$1,800/month
Food & GroceriesScore: 52/100
Milk (1 liter)$1.1/liter
Bread (500g loaf)$1.8/loaf
Rice (1 kg)$1.5/kg
Dining OutScore: 52/100
Meal at Inexpensive Restaurant$13/meal
Meal for 2 (Mid-Range)$52/meal
McMeal at McDonald's$8/meal
TransportationScore: 48/100
Monthly Transit Pass$65/month
One-Way Ticket$2/trip
Taxi (1 km)$1.8/km
UtilitiesScore: 44/100
Basic (Elec, Heat, Water, Garbage) 85m2$120/month
Internet (60+ Mbps)$42/month
Mobile Plan (10GB+)$28/month
HealthcareScore: 72/100
Doctor Visit (15 min)$75/visit
Dentist Visit$90/visit
Prescription Medicine (avg)$12/course
EntertainmentScore: 48/100
Cinema Ticket (1 seat)$10/ticket
Theater Ticket$35/ticket
Museum Entry$12/ticket
FitnessScore: 48/100
Gym Membership (monthly)$42/month
Tennis Court Rent (1 hr)$18/hour
Swimming Pool (adult entry)$7/entry
Personal CareScore: 48/100
Haircut (Men)$18/cut
Haircut (Women)$38/cut
Shampoo (400ml)$4.8/bottle
ClothingScore: 50/100
Jeans (Levi's or similar)$58/pair
Summer Dress (Zara/H&M)$38/piece
Running Shoes (Nike/Adidas)$85/pair

Digital Nomad Profile

120 Mbps
Internet Speed
$180
Coworking/Month
good
Café WiFi
moderate
English Level
growing
Nomad Community
55/100
Walkability

Best neighborhoods: Los Cristianos, Costa Adeje, Puerto de la Cruz

Frequently Asked Questions

Is Tenerife cheap to live in?

Tenerife has a cost of living index of 50/100, where New York = 100. It is 50% cheaper than New York. A single person can live comfortably for approximately $1,000–$1,400 per month.

How much does rent cost in Tenerife?

A 1-bedroom apartment in the city center of Tenerife costs approximately $980/month. Outside the center, expect to pay around $750/month.

Is Tenerife good for digital nomads?

Tenerife has a growing digital nomad community. Average internet speed is 120 Mbps, café wifi reliability is good, and coworking spaces run about $180/month. English proficiency is moderate.

What is the average salary in Tenerife?

The median net monthly salary in Tenerife is approximately $2,350 USD. The income tax rate is around 25%.

How does Tenerife compare to New York for cost of living?

Tenerife (cost index 50) is 50% cheaper than New York (cost index 100). You could save roughly $1,250/month by moving from New York to Tenerife.

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