Prices and Cost of Living in Gibraltar

Food and beverage prices in Gibraltar

Popular food products found on store shelves in Gibraltar include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 1.74 GIP (2.02 EUR) for a kilo of onions to 10.35 GIP (12 EUR) for a kilo of beef. The price of white rice is 2.66 GIP (3.08 EUR) per kilo, while a loaf of fresh white bread costs 1.47 GIP (1.7 EUR) per half kilo. Bananas cost 2.5 GIP (2.9 EUR) per kilo, while apples cost 2.67 GIP (3.1 EUR) per kilo.

Water, available in 1.5-liter bottles, costs 0.81 GIP (0.94 EUR). Dairy prices in Gibraltar, on the other hand, are as follows: 1 liter of milk costs about 1.45 GIP (1.68 EUR), and 1 kilogram of locally produced cheese is an expense of 7.89 GIP (9.15 EUR). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 6.5 GIP (7.54 EUR) per kilo. Eggs (12 pieces per package) are an expense of about 3.79 GIP (4.39 EUR), and the average price of tomatoes is 2.15 GIP (2.49 EUR) per kilo.

What is the typical cost for an affordable meal?

Prices in restaurants in Gibraltar vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 2.62 GIP (3.04 EUR), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 1.24 GIP (1.44 EUR). At a fast-food restaurant such as McDonald's, you can expect to pay 10.75 GIP (12.46 EUR) for a meal, whereas a meal for two at a mid-range restaurant could cost around 80 GIP (92.75 EUR). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 15 GIP (17.39 EUR).

How much does it cost to rent an apartment in Gibraltar?

The cost of renting or buying an apartment in Gibraltar varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 1249 GIP (1448 EUR) per month, while the same type of apartment in the city center can cost around 1347 GIP (1562 EUR) per month. In comparison, the purchase price of an apartment in the city center is 8306 GIP (9629 EUR) per square meter.