Spain
Cost of Living in Lanzarote
Monthly Total
$2,189
$38,308
Housing (1BR Mid-range)
$922
Daily Spend (ex. rent)
$42
Based on a typical lifestyle for international residents: 1BR furnished apartment, mix of cooking/eating out, rideshare transportation, moderate entertainment. Last updated: 3/31/2026.
Monthly Cost Breakdown
Housing (Rent)
1BR furnished apartment in mid-range neighborhood
$922
$16,135
Utilities
Electric, water, gas, and internet
$126
$2,205
Groceries
Groceries from supermarkets
$143
$2,503
Dining Out
Mix of casual restaurants, ~12 meals/month
$156
$2,730
Transportation
Rideshare (Uber/Didi), ~30 rides/month
$450
$7,875
Lifestyle & Entertainment
Entertainment, occasional cleaning service
$219
$3,833
Healthcare
Basic private health insurance
$138
$2,415
Phone & Subscriptions
Phone plan and streaming subscriptions
$34
$595
Monthly Total
$2,189
$38,308
Recommended PartnerDon't skip health insurance
Real coverage for real life abroad. Not travel insurance. Not hoping for the best.
A portion of affiliate revenue is donated to UNHCR
Living in Lanzarote
Frequently Asked Questions
Compare Lanzarote to Other Cities
See how Lanzarote stacks up against other popular destinations in Mexico.
Customize Your Comparison