Cost of Living in Tenerife 2026: A Realistic Breakdown for Expats
Expat Tips30 October 20258 min read

Cost of Living in Tenerife 2026: A Realistic Breakdown for Expats

By TruTrade Team

The Real Cost of Living in Tenerife

One of the biggest questions expats ask is: "How much does it cost to live in Tenerife?" The answer depends on your lifestyle, location, and expectations. Here's a realistic breakdown for 2026.

Housing

Rent (monthly):

  • 1-bed apartment (south): €600-900
  • 2-bed apartment (south): €800-1,200
  • 3-bed villa with pool: €1,200-2,500
  • Northern Tenerife: 20-30% cheaper than south

Purchase prices:

  • 1-bed apartment: €100,000-200,000
  • 2-bed apartment: €150,000-300,000
  • Villa with pool: €300,000-800,000+

Utilities

Monthly costs for a 2-bed apartment:

  • Electricity: €60-120 (higher with AC)
  • Water: €20-40
  • Internet: €25-40
  • Mobile phone: €10-25
  • Community fees: €50-150

Food & Drink

  • Supermarket shop (weekly, couple): €60-100
  • Restaurant meal (per person): €10-20
  • Coffee: €1.20-2.00
  • Beer: €1.50-3.00
  • Wine (bottle, supermarket): €3-8

Transport

  • Petrol: €1.30-1.50/liter
  • Bus (TITSA): €1.25-9.00 depending on distance
  • Car insurance: €300-600/year
  • ITV (MOT): €30-40/year

Total Monthly Budget

  • Budget lifestyle: €1,200-1,500/month (couple)
  • Comfortable lifestyle: €1,800-2,500/month (couple)
  • Luxury lifestyle: €3,000+/month (couple)

Home Maintenance Costs

Don't forget ongoing home maintenance:

  • Regular cleaning: €40-80/visit
  • Pool maintenance: €80-180/month
  • Garden maintenance: €80-200/month
  • Annual AC service: €80-150
  • General repairs: Budget €50-100/month

TruTrade helps you find affordable, verified professionals for all your home maintenance needs.

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