Cost Of Living In The Canary Islands

When we think of living in the Canary Islands we think of the Sun, the warm climate through out the year, and beaches, which is right, but we tend to forget the cost of living in the Canary Islands, which we must take this into account when you move to Tenerife, Lanzarote, Fuerteventura, or one of the Canary Islands.

The Canary Islands have a special tax status in the border with Spain. There is no sales tax or taxes on cigarettes, electronics and alcohol, which means that we will pay 17.5% less than the Mainland. When it comes to the apartment or Home rentals is the average price of the Canary Islands is the same as in the smaller towns of the Mainland, which is from 500 up to 1 or 2 bedrooms.

When it comes to our groceries, supermarkets and home shopping on the Canary Islands, the food products are always more expensive than is added in the Mainland or Europe, especially fruits and vegetables, pay an average cost of 20% more than in Spain, this is because most of the food products coming off the Canary Islands, mainly from Spain and abroad, and the cost of transport to your final invoice. Simple things such as tooth paste, cleaning products, furniture or even a bottle of water.

If we think about working in the Canary Islands, we will have a higher than average wage in the Mainland, is because the companies in the Canary Islands to pay a little extra to their employees to live in the Canary Islands