Cost of Living in Gibraltar
Whether you're retiring, temporarily relocating, or moving to Gibraltar for good, it's helpful to have a picture of what life there will cost as an expat. Using Wise could help you reduce your overall costs. Now you can send, receive, and organise your money internationally, without hefty fees.
Explore the Wise account£2,459
Average cost per month
Distribution of Expenses
Cost of living breakdown for Gibraltar
You can expect to spend around £2,459 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Gibraltar average costs for food and drink.
Salary & Services
Gibraltar average salaries and services.
Average living costs in Gibraltar
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £1,628.33 | £1,100.00 - £2,000.00 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £1,206.00 | £850.00 - £1,500.00 |
| 3 Bedroom Apartment in City CentreRent Per Month | £2,916.00 | £2,500.00 - £4,160.00 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £2,380.00 | £2,000.00 - £2,810.00 |
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Frequently asked questions
The cost of living in Gibraltar depends on your lifestyle and location. On average, a single person needs £831 per month without rent, while a family of four requires £2,944. Renting a 1-bedroom apartment in the city centre costs an additional £1,628 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Gibraltar costs £3. If you are commuting regularly, a monthly pass is typically priced at £0.
The average monthly net salary (after tax) in Gibraltar is currently £2,134.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Gibraltar costs approximately £15, while a three-course meal for two people at a mid-range restaurant costs around £75.
The estimated monthly cost of living in Gibraltar for a single person is £831, excluding rent.
For a family of four living in Gibraltar, the estimated monthly costs are £2,944, not including rent.
Rent prices in Gibraltar depend on location. The average monthly rent for a 1-bedroom apartment in a city centre is £1,628, compared to £1,206 outside the centre. For a 3-bedroom apartment, the average is £2,916 in city centres and £2,380 in suburban areas.
Basic utilities in Gibraltar (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £126 per month. Internet access typically adds another £50.