Cost of Living in Lanzarote

Complete monthly cost breakdown for digital nomads in Lanzarote, Spain

Average Monthly Cost
$1,650
per month
Budget
$1,010
Mid-Range
$1,506
Comfortable
$2,520

💰 Detailed Cost Breakdown

Monthly costs in USD by lifestyle tier

CategoryBudgetMid-RangeComfortable
🏠 Accommodation$480$600$850
🍽️ Food & Dining$400$530$990
💻 Coworking$0$126$180
🚇 Transport$30$50$100
🎯 Entertainment$50$100$200
📱 Other$50$100$200
TOTAL$1,010$1,506$2,520

🏷️ Specific Prices

🏠 Accommodation

1BR Apartment (Center)$850/mo
1BR Apartment (Outside)$600/mo
Hostel$32/night
Airbnb$1400/mo

🍽️ Food & Drinks

Local Meal$14
Mid-range Restaurant$25
Weekly Groceries$60
Coffee$2.7
Beer$N/A

💼 Work & Utilities

Coworking (Monthly)$180
SIM Card (Data)$22/mo
Gym Membership$38/mo

How Lanzarote Compares

-23%
vs Europe
average
-7%
vs Global
nomad avg
🇪🇸Lanzarote$1,650/mo
Europe Average$2,132/mo
Global Nomad Average$1,773/mo
This cityRegional avgGlobal avg

💡 Money-Saving Tips for Lanzarote

  • Look for apartments outside the city center - often 20-30% cheaper
  • Use local supermarkets instead of imported goods stores
  • Try coworking day passes before committing to monthly memberships
  • Negotiate monthly rates on Airbnb for stays longer than 28 days

Ready to explore Lanzarote?

Get the complete digital nomad guide with neighborhoods, coworking, and more

View Full Guide →