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Tenerife on a budget: how to do it well

Short answer

Yes, Tenerife is easy on a budget: allow about €90 per person per day, with about €40 for a shared room, €20 for food, €15 for activities and €15 for a share of a hire car and fuel. Free beaches, hikes and the national park make it good value.

A realistic daily budget

BudgetMid-rangeComfort
Bed (per person, sharing)€40€85€250
Food & drink€20€40€80
Sights & tickets€15€45€100
Local transport€15€20€40
Per person, per day€90€190€470

Approximate 2026 prices, two people sharing a room. From our Tenerife day-cost table.

Free things to do

Cheap eats

Where to sleep for less

Budget travellers stay in Puerto de la Cruz and Santa Cruz, which are cheaper and more local, at about €70-120 a double. Hostels exist in Santa Cruz, La Laguna and El Médano.

Getting around cheaply

A hire car is the easiest and, when shared, cheapest way to see the island. TITSA buses connect the main towns and both airports (Tenerife South near the resorts, Tenerife North near La Laguna).

A sample budget day

More ways to save

Budget hotels in TenerifeFree & cheap toursTours on ViatorDeals on KlookBudget calculator

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Common questions

Can you do Tenerife on a budget?

Yes: stay in the north, hire a car, eat in guachinches and enjoy the free national park, beaches and pools.

Do I need a car?

It is the easiest way to see the island; TITSA buses work for the main towns.

What are guachinches?

Informal taverns in the north, often in farmhouses, serving house wine and simple Canarian dishes at low prices.

Plan your Tenerife trip

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