Are you dreaming of a life on a beautiful island with year-round sunshine and stunning landscapes? If so, Lanzarote might be the perfect place for you. But before you make any decisions, it’s important to consider the cost of living on this gorgeous island.

Accommodation Expenses in Lanzarote

When it comes to accommodation in Lanzarote, you’ll find a wide range of options to suit every budget. The cost of renting a one-bedroom apartment in the city center can range from €500 to €900 per month, while a similar apartment outside the city center can cost anywhere from €400 to €700 per month. If you prefer something more luxurious, a three-bedroom apartment in the city center can set you back around €1,200 to €2,000 per month.

  • Renting a one-bedroom apartment in the city center: €500 – €900 per month
  • Renting a one-bedroom apartment outside the city center: €400 – €700 per month
  • Renting a three-bedroom apartment in the city center: €1,200 – €2,000 per month

Utility Costs in Lanzarote

In addition to your accommodation expenses, you’ll also need to consider the cost of utilities. On average, basic utilities for a small apartment in Lanzarote, including electricity, heating, cooling, water, and garbage, can cost around €80 to €120 per month. Internet costs can range from €30 to €60 per month, depending on the provider and package you choose.

  • Basic utilities for a small apartment: €80 – €120 per month
  • Internet costs: €30 – €60 per month

Transportation Costs in Lanzarote

When it comes to getting around in Lanzarote, there are several options available. Public transportation is relatively affordable, with a one-way ticket costing around €1.40. If you prefer to have your own vehicle, you can expect to pay around €1.40 per liter of gasoline.

  • One-way ticket on public transportation: €1.40
  • Gasoline cost per liter: €1.40

Grocery Expenses in Lanzarote

When it comes to groceries, the cost of living in Lanzarote is relatively affordable. On average, a liter of milk can cost around €0.80, a loaf of bread can cost around €1.20, and a kilogram of fresh chicken breast can cost around €6.50.

  • Price of a liter of milk: €0.80
  • Price of a loaf of bread: €1.20
  • Price of a kilogram of fresh chicken breast: €6.50

Living in Lanzarote can provide you with a fantastic quality of life surrounded by breathtaking natural beauty. When it comes to expenses, Lanzarote offers a range of accommodation options to fit different budgets, with utilities and transportation costs that are relatively affordable. The cost of groceries is also reasonable, making it an attractive destination for those seeking an affordable island paradise.

So, why not consider making the move to Lanzarote and start enjoying the laid-back lifestyle and stunning landscapes that this island has to offer?

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