The Cost of Living in Tenerife in 2025
Tenerife, the largest of the Canary Islands, has always attracted tourists and expats from around the world. Its mild climate, beautiful beaches, and attractive cost of living are some of the main reasons why many decide to settle on the island. But how exactly do prices in Tenerife shape up in 2025?
Housing
One of the biggest expenditures is, of course, renting a flat. In 2025 rental prices in Tenerife have moderately increased. A one-bedroom apartment in the center of Santa Cruz costs about 650 EUR per month. Outside the center, the price drops to around 500 EUR. Buying a flat is also not the cheapest option. The average price per square meter in the center is approximately 2500 EUR, while outside the center it is about 1700 EUR per m².
Food
Food prices in Tenerife are very competitive compared to the rest of Spain. Basic groceries are relatively cheap. Bread costs about 1 EUR a loaf, a liter of milk is about 0.80 EUR, and a kilogram of potatoes around 0.90 EUR. Meals in local restaurants can be enjoyed from around 10 EUR, while more exclusive venues offer dishes from 25 EUR upwards.
Transport and Communication
| Type of Transport | Average Cost (EUR) |
|---|---|
| Single Ticket | 1.50 |
| Monthly Pass | 50 |
| Taxi (1 km) | 1.10 |
| 1 Liter of Petrol | 1.40 |
Public transport in Tenerife is well-developed and relatively cheap. Buses connect larger cities and smaller towns, making it easy and accessible to travel around the island. For those who prefer their own means of transport, car rentals start at about 25 EUR per day.
Other Expenses
While living in Tenerife, other costs should also be considered. Bills for electricity, water, and gas for a medium-sized apartment are around 90 EUR per month. Internet at a speed of 60 Mbps costs about 40 EUR. A doctor’s visit, if you don’t have private insurance, is about 50 EUR, while a monthly gym membership costs around 30 EUR.
Recreational Activities
Tenerife offers many attractions for those who appreciate an active lifestyle. Admission to a cinema costs about 8 EUR, and a visit to a museum is around 12 EUR. Local residents often enjoy the island’s free attractions, such as hiking trails and beaches.
In summary, despite certain price increases in 2025, Tenerife remains an attractive location to live. Prices are favorable, and the quality of life is high, making the island extremely popular both among tourists and those looking for a new place to live.
