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 1.41 GIP (1.79 USD) for a kilo of onions to 9 GIP (11.4 USD) for a kilo of beef. The price of white rice is 2.47 GIP (3.13 USD) per kilo, while a loaf of fresh white bread costs 1.39 GIP (1.76 USD) per half kilo. Bananas cost 1.6 GIP (2.03 USD) per kilo, while apples cost 3.97 GIP (5.03 USD) per kilo.

Water, available in 1.5-liter bottles, costs 0.88 GIP (1.11 USD). Dairy prices in Gibraltar, on the other hand, are as follows: 1 liter of milk costs about 0.84 GIP (1.06 USD), and 1 kilogram of locally produced cheese is an expense of 6.7 GIP (8.49 USD). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 6.76 GIP (8.56 USD) per kilo. Eggs (12 pieces per package) are an expense of about 2.09 GIP (2.65 USD), and the average price of tomatoes is 1.69 GIP (2.14 USD) 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 2.23 GIP (2.82 USD), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 1.25 GIP (1.58 USD). At a fast-food restaurant such as McDonald's, you can expect to pay 7 GIP (8.87 USD) for a meal, whereas a meal for two at a mid-range restaurant could cost around 65 GIP (82.32 USD). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 14 GIP (17.73 USD).

How much does transportation cost in Gibraltar?

The average expense of a one-way trip using local transportation stands at approximately 1.25 GIP (1.58 USD), while a monthly ticket for public transportation has an average cost of roughly 10 GIP (12.67 USD). Choosing to travel by taxi would entail an initial fee of 3.9 GIP (4.94 USD), along with a per-kilometer charge of 2 GIP (2.53 USD).

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 1174 GIP (1486 USD) per month, while the same type of apartment in the city center can cost around 1405 GIP (1780 USD) per month. In comparison, the purchase price of an apartment in the city center is 7274 GIP (9213 USD) per square meter.