How Much Does It Cost To Retire In Tenerife?
Your budget may also vary depending on whether you like to eat out often or stay home and cook. As a single person, you can live on around $1,500 per month. Couples can enjoy this incredible lifestyle for about $2,000 per month.
How much money do I need to live in Tenerife?
But don't worry, Tenerife is amongst the more affordable places to live in the world. For one person, the estimated living cost stands at $1548 per month and decreases to just under $1000 for two people sharing.
The Cost of Living in Tenerife, Santa Cruz - two travelling toques
How much money do you need to retire in Tenerife?
Retirement in Spain also tends to be fairly low cost. You can retire comfortably on about $2,000-2,200 a month, about $25,000-27,000 a year.
Retiring in Spain: The Complete Guide - Get Golden Visa
Where is the cheapest place to live in Tenerife?
In the province of Santa Cruz, meanwhile, the cheapest municipalities are all on the island of Tenerife: La Guancha (796 euros/m2 or 74 euros/sq ft), San Juan de la Rambla (868 euros/m2 or 81 euros/sq ft) and Buenavista del Norte (989 euros/m2 or 92 euros/sq ft).
Cheapest Canary Island to buy property - Idealista
Which is the best Canary Island to retire to?
If it's peace and tranquility within an enchanting natural environment you're after, we recommend Lanzarote. If you prefer a combination between city and nature, Tenerife or Gran Canaria are the islands for you. La Palma, Gomera and El Hierro would be best suited to those in search of seclusion and solitude.
The Best Places to Retire in Spain - Caser Expat Insurance