Canary Islands, Spain

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Est. Monthly Cost (1 Person)
$1,830
Retiree Score
61.0
Safety Index
78.0
Healthcare

The population of the Canary Islands is a whopping 2,228,862, but don't let that fool you - this Spanish archipelago is no tropical paradise. With a heavy bureaucratic burden and an arid climate that's far from idyllic, the islands offer a mixed bag for prospective expats. Overexploited water resources and persistent headaches from red tape are the reality here. If you can overlook these challenges and crave a tax-advantaged haven, the Canary Islands may be worth considering, but otherwise, this is no easy place to call home.

Can I afford Canary Islands?

$

Canary Islands

You could save

1,170/mo

Savings Rate39%

Monthly Costs

Rent $980
Living (Country Average Adjusted)$850

Attractiveness Scores

FIRE Score
(i)
39/100
Retiree Score
(i)
61/100
Lifestyle Score
(i)
43/100
💻Nomad Score
(i)
50/100
Meets Spain Digital Nomad Visa Income Rule.
78
Safety
0
Healthcare
50
Walkability
5
Nomad

Grocery Basket

Milk (1L) $1
Bread (loaf) *$1
Eggs (12) $3
Rice (1kg) *$1
Chicken (1kg) *$4

* Estimated based on regional averages.

Eating Out

Meal (Inexpensive) *$19
Meal (Mid-range) $81
Cappuccino $2
Water (0.33L) *$1

* Estimated based on regional averages.

Utilities & Lifestyle

Utilities (mo) $129
Mobile Plan (mo) $23
Gym (mo) *$49
Cinema Ticket $10

* Estimated based on regional averages.

Housing

1BR Center (mo) $980
1BR Outside (mo) *$804
3BR Center (mo) $1,800
3BR Outside (mo) *$1,232

* Estimated based on regional averages.

🧳 Expat Life

English Proficiency
Widely Spoken
Expat Community
Large & Active
Top Neighborhoods
Las Palmas, Corralejo, Adeje
Best For
digital nomads, retirees

Expat Life Notes

The 'eternal spring' islands are a massive hub for digital nomads and retirees from all over Europe.

Pros

  • Perfect year-round climate
  • Strong nomad community
  • European safety and infrastructure

Cons

  • High seasonal tourist crowds
  • Remote island logistics
  • Water scarcity concerns

🌐 Infrastructure & Lifestyle

Avg Internet
Temperature
15°C°C - 27°C°C
Annual Rainfall
124 mm
Coworking Spaces
Best Months to Visit
Mar, Apr, May, Jun, Sep, Nov, Dec

Also Consider

Frequently Asked Questions

FAQ

Frequently Asked Questions about Canary Islands

Click any question to expand the answer.

Canary Islands has a population of approximately 2,228,862 people.

A single person can expect to spend around $2,450 per month in Canary Islands, including rent. A 1-bedroom apartment in the city center costs approximately $980/month.

The nearest airport to Canary Islands is LPA, approximately 36km away.

Canary Islands is considered relatively safe, with a safety index of 78.0. As with any city abroad, expats should research specific neighborhoods before committing to a location.

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