Tenerife is a popular destination for digital nomads, offering a unique mix of affordability, great weather, and a vibrant lifestyle. Understanding the costs associated with living on the island is essential for budgeting your stay. This article breaks down the main expenses you’ll need to consider when living in Tenerife as a digital nomad.

Accommodation Costs

The biggest expense for most digital nomads is accommodation. Depending on the type of lodging you choose, costs can vary significantly. Private apartments in popular areas like Santa Cruz or Costa Adeje can range from €800 to €1,500 per month. If you’re looking for more affordable options, coliving spaces or shared rentals are available for around €500 to €800 monthly, which often includes utilities and high-speed internet.

For those who plan to stay short-term, Airbnb rentals are common but tend to be more expensive, averaging €1,000 to €2,000 per month for centrally located properties.

Food and Groceries

Food is reasonably priced in Tenerife, especially if you shop at local markets and supermarkets. Groceries typically cost around €150 to €300 per month, depending on your eating habits. Dining out is also affordable, with many local restaurants offering menu del día (daily specials) for €10-15. High-end restaurants are more expensive, but the cost of eating out regularly is generally lower than in many other European countries.

Transportation Costs

Public transportation is well-connected and affordable. A monthly bus pass costs around €50, allowing you to travel throughout the island. Alternatively, renting a car is popular among digital nomads who want to explore more remote areas. Car rentals typically range from €150 to €500 per month, depending on the type of vehicle and rental duration.

Leisure and Entertainment

Tenerife offers a wide variety of affordable leisure activities. Access to beaches is free, and outdoor activities like hiking or exploring natural parks often cost nothing or have minimal fees. If you’re into fitness, gym memberships range from €25 to €50 per month. More adventurous activities like diving or guided tours will increase your entertainment budget, but there’s no shortage of free or low-cost ways to enjoy the island.

Tenerife is a relatively affordable destination for digital nomads, offering a balanced lifestyle at a lower cost compared to many European cities. By budgeting wisely for accommodation, food, and transportation, you can enjoy everything the island has to offer without breaking the bank.