What does Gran Canaria cost?
The Canary Islands enjoy a special tax status within Spain: Instead of the normal Spanish VAT (IVA, 21%), the IGIC at only 7% applies here. This makes many things cheaper than on the mainland — especially restaurants, rental cars, and shopping. Overall, the price level is 15–25% below the German level.
Typical Prices (Guidelines 2025/2026)
| Item | Price (€) |
|---|---|
| Coffee (Cortado) in a café | 1.20–1.80 |
| Caña (small beer, 0.25l) | 1.50–2.50 |
| Lunch menu (Menú del día) | 8–13 |
| Dinner in a restaurant | 12–25 |
| Tapas (per portion) | 3–8 |
| Supermarket shopping (1 day) | 10–18 |
| Hostel (dormitory) | 18–30 |
| Hotel (mid-range, double room) | 60–120 |
| Holiday apartment (double room, self-catering) | 40–80 |
| All-inclusive resort (double room) | 90–200 |
| Rental car (per day, small car) | 15–35 |
| Gasoline (per liter) | 1.20–1.40 |
| Global bus (single ride) | 1.40–8.00 |
| Taxi airport → Maspalomas | 35–45 |
