Las Palmas de Gran Canaria vs Malaga on €50,000: take-home pay, rent and cost of living in 2026
On a gross salary of €50,000 a year, a single employee takes home €2,962 a month in Las Palmas de Gran Canaria (71% of gross) and €2,967 a month in Malaga (71%), after income tax and social security contributions.
Malaga is 12% more expensive than Las Palmas de Gran Canaria overall (cost-of-living index 40.4 vs 36.1, New York = 100). A one-bedroom flat in the city centre rents for about €1,307 a month in Malaga and €866 in Las Palmas de Gran Canaria, which leaves €1,661 and €2,096 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €2,818 a month in Malaga — this salary leaves €150 a month on top.
By category, groceries cost 7% less in Malaga than in Las Palmas de Gran Canaria, eating out 9% more and rent 48% more.
Of the gross salary, income tax takes €11,205 a year in Las Palmas de Gran Canaria and €11,141 in Malaga; social contributions and other levies take €3,250 and €3,250.
| Las Palmas de Gran Canaria | Malaga | |
|---|---|---|
| Gross salary per year | €50,000 | €50,000 |
| Income tax per year | €11,205 | €11,141 |
| Social contributions per year | €3,250 | €3,250 |
| Take-home pay per month | €2,962 | €2,967 |
| One-bedroom rent, city centre | €866 | €1,307 |
| Left after rent | €2,096 | €1,661 |
| Cost-of-living index (New York = 100) | 36.1 | 40.4 |
How each figure is taxed: Spain tax calculator and Spain tax calculator. Single employee without children; rent and price data from Numbeo, refreshed monthly.
Questions about Las Palmas de Gran Canaria vs Malaga
Is Malaga, Spain more expensive than Las Palmas de Gran Canaria, Spain?
Malaga, Spain is 12% more expensive than Las Palmas de Gran Canaria, Spain overall. On a gross salary of €50,000 a year, you take home €2,962 a month in Las Palmas de Gran Canaria, Spain and €2,967 a month in Malaga, Spain after income tax and social contributions.
How much can I save living in Malaga, Spain vs Las Palmas de Gran Canaria, Spain?
Keeping the same standard of living as in Las Palmas de Gran Canaria, Spain, you could save about €150 a month (€1,796 a year) in Malaga, Spain on this salary, after rent and living costs.
What taxes will I pay in Spain vs Spain?
On €50,000 gross a year you take home €2,962 a month in Spain and €2,967 a month in Spain. The calculation applies each country's 2026 income tax and social security rules for a single employee.