Rent in Bilbao vs Palmas de Gran Canaria, Las

Vizcaya · País VascoLas Palmas · Canarias · INE data 2026

Renting in Palmas de Gran Canaria, Las is 51% cheaper than in Bilbao. The difference is €294.29999999999995/month — a saving of €3,531.6 per year.

€872.3/month in Bilbao vs €578/month in Palmas de Gran Canaria, Las. National average: €648/month.

Context

Bilbao (País Vasco) and Palmas de Gran Canaria, Las (Canarias) represent two rental markets from different Spanish autonomous communities. Palmas de Gran Canaria, Las is the more affordable option, saving €294.29999999999995/month compared to Bilbao.

Estimated rent

Bilbao

872.3€/month

Palmas de Gran Canaria, Las

578€/month

Annual change

Bilbao

+2.4%

Palmas de Gran Canaria, Las

+2.2%

INE index (base 2015=100)

Bilbao

123.6

Palmas de Gran Canaria, Las

115.7

vs national average

Bilbao

+224.29999999999995€

Palmas de Gran Canaria, Las

-70€

Population

Bilbao

351,124

Palmas de Gran Canaria, Las

381,868

Per capita income

Bilbao

19,478€

Palmas de Gran Canaria, Las

14,968€

Rent-to-income ratio

Bilbao

53.7%

Palmas de Gran Canaria, Las

46.3%

Where is it better to rent?

In terms of rent, Palmas de Gran Canaria, Las is the more affordable option at €578/month, 51% less than Bilbao (€872.3/month). Living in Palmas de Gran Canaria, Las saves €3,531.6 per year compared to Bilbao.

Bilbao

Vizcaya · País Vasco

872.3/month

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Palmas de Gran Canaria, Las

Las Palmas · Canarias

578/month

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Cost of living guides

More comparisons with Bilbao

INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →