Expats living near the Spanish coast should expect to pay slightly higher prices than other cities in Spain, although there are some exceptions. The average salary is at €60 per day in Spain. Update: the cost of living in Spain has actually come down in several major centres across the country. The list below shows average prices for Madrid in February 2020. That said, the cost of living in Spain has markedly increased over the years, while the average Spanish salary hasn't – thus making life more difficult for residents and expats earning euros. There are extensive public transport services in Spanish cities, which include buses, metros and taxis at affordable prices. Single person estimated monthly costs: €1,535. For some treatments you will have to pay a contribution, so check this with the region you live in as the healthcare systems differ from one region to the next. There are a lot of department stores which sell locally made garments here. Maid services here are quite affordable for most but a full-time is something that is not really that necessary. Do you know how much money you will need there to maintain your current standard of living? I have lived in Spain since 2003 and I run an estate agency that specialises in property around Gandia, which lies to the south of Valencia city. This service is free of charge and will help you select an international moving company that suits your needs and budget. A person living in Spain may pay around €200 to €350 per month but the price range depends on the location where you choose to live. Your choices will not impact your visit. Rent in Barcelona is, on average, 68.15% lower than in New York. The cost goes up with age, and most private companies won’t insure anybody over a certain age if deemed too risky. Electricity bills amount to €70 per month or more depending on the appliances that you use. One thing that is surprising about Spain is that shopping is pretty affordable. Which visa should we apply for when moving to Spain? Great Retirement Tips Made Easy To Understand, Seniors Want to Know Where to Retire Cheap, The 5 Best Places for Expats to Retire in Costa Rica. Many stoves and water heating systems run off gas in Spain, averaging around €35–€40 a month. This rate is for those who have health insurance. Taking pet to Spain and then returning to USA. Other Patents Pending. To generate detailed cost of living reports suitable for creating cost comparisons for relocating employees customized to spending patterns, please consult ERI's Relocation Assessor. Full version Public hospitals are all funded by the government. Comparator of Telephony, Internet, Mobile and Television Rates. Cost of Living in Spain. Expect to pay around €10–€15 per person in an inexpensive restaurant and around €40 per person in somewhere more upmarket. If you live in an apartment building, you will also have to pay around €20 a month for maintenance costs, but these fees can vary greatly from one building to another. Check out local produce whenever you shop for food here in Spain. Short-term summer rentals for any coastal property can be among some of the most expensive real estate in Spain, while long-term leases are usually cheaper. Would changing companies render my resident permit in Spain invalid? I am a journalist and author of five books – three of which are about Spain (details of which can be seen on my Culture Spain Blog). To calculate each city's Price Index value, we start by assigning a value of 100 to a Spain has one of the best when it comes to healthcare. The cost of living in Spain: an overview. As with any other European country, you can expect that most residents will surely find apartments that are affordable. In Sevilla, Valencia and other coastal cities, rents are somewhat cheaper. The most expensive places to live in Spain are the Balearic Islands – Ibiza, Mallorca and Menorca – where average luxury house prices top €1,000,000. Best Cities To Retire In America: Portland Oregon, Best Cities To Retire In America: Phoenix Arizona, Best Cities To Retire In America: Denver Colorado, Best Cities To Retire In America: Knoxville Tennessee, Best Cities To Retire In America: Raleigh North Carolina, Best Cities To Retire In America: Durham North Carolina, Best Cities To Retire In America: Charlotte North Carolina, Best Cities To Retire In America: Cary North Carolina. Living costs in Spain were the cheapest of all the places we've visited. The cheapest areas to live in Spain are Estremadura, Aragon, Navarre and Castile-La Mancha. For full-time maids, you can pay them €750 per month. With 86 million customer relationships in over 200 countries, Cigna Global has unrivalled experience in dealing with varied and unique medical situations and delivering high standards of service wherever you live in the world. Read more in our guide to Spanish universities. Although more expensive than normal trains, the AVE does mean that travel between different parts of the country can be undertaken very quickly. Globe Media cannot accept any responsibility for any loss or inconvenience to any person as a result of information contained above. You can find nice restaurants in Madrid and Barcelona serving traditional Spanish food for decent prices. These expats will be able to afford a high quality of life. Cost of living in Spain is 39.00% higher than in Hungary (aggregate data for all cities, rent is not taken into account). One-bedroom apartment outside city centre, Tthree-bedroom apartment outside city centre, Three-course meal at a mid-range restaurant for two, Mobile call rate (per minute – mobile to mobile), Internet (uncapped ADSL or cable – average per month), Basic monthly utilities (includes electricity, water, refuse), ►For more on the property market, see Accommodation in Spain. Try a free demo of the cloud-based Relocation Assessor. Larger family homes in more exclusive areas of both cities can cost as much as €600,000–€700,000. Similarly, alcoholic drinks are fairly cheap, which isn't too surprising given the vast quantities of wine produced by Spain. Needless to say, the sky is the limit for high-quality accommodation in prestigious locations. The exception is American fast food chains which at €7-€8 for a McDonald’s value meal is expensive compared to local options. If you want to know how much you are going to pay monthly, here’s a breakdown. Its location on the sultry Mediterranean Sea, laid-back culture and low living costs have an appeal that is difficult to resist for those moving to sunnier climes.
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