Expat Exchange
Valencia, Spain
Valencia, Spain
Valencia, Spain

Cost of Living in Spain

By Joshua Wood, LPC

Last updated on Nov 27, 2021

Summary: What is the cost of living in Spain? Hear what expats, digital nomads and retirees living in Spain have to say about the cost of housing, health insurance and general living costs.

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Is the cost of living in Spain high?

Live in Spain? Answer this Question

We asked people how much they someone comfortably live on in Spain, they wrote:

"I can only attest to the cost of living in my city. For Salamanca, you can live very comfortably for 1500 euros (or around $1650)," added another person living in Salamanca.

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What is the average cost of housing in Spain?

Live in Spain? Answer this Question

If you are thinking about moving to Spain, cost of living in probably a key consideration. Expats commented about the cost of housing:

"It is cheaper here than many large cities in the US, yet choice ultimately depends on your budget and needs. Prices may be lower the farther you go from Ciutat Vella, plus you will still have metro access. You can get a good sized apartment with 2 or more bedrooms and at least one bathroom for between 1000-1500 euros per month. Utilities and internet/TV are generally cheaper too," said another person in Barcelona.

"My rent is 400 Euros per month, plus about 40 for electricity and 5 for water. My mortgage in the Central Coast of California was $4000, granted for a larger house, but an equivalent size home on the edge of the Altea with land, would still be far cheaper than my home in California," remarked another expat in Altea.

"I come from the Atlanta, Georgia, USA, area, and housing costs there are significant, although many of the homes are detached, not apartments. I am paying a very reasonable rent for a 2-bedroom apartment with a garage. The typical range for a good apartment in a modern building is between 400 and 600 Euros, and you pay much more for much less space in the older and more trendy parts of town," explained one expat living in Valencia.

"Lower, though prices have risen they are not as high as the U.K. around 150- 300,000€," said another expat in Los Alcazares.

"Way lower, I am paying 400 euro for my small place in the center and my friend is paying 500euro for his huge place near me. His apartment would probably run for about 1000euro or more in DC," added another person living in Madrid.

"Average 2 bed unfurnished apt would run you 700€ mo plus first mo, last mo and deposit," explained one expat living in Palma de Mallorca.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Allianz Care International Health InsuranceInternational Health Insurance

Get a quote for health insurance from our partner, Allianz Care.
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Allianz Care International Health InsuranceInternational Health Insurance

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Allianz Care International Health InsuranceInternational Health Insurance

Get a quote for health insurance from our partner, Allianz Care.
Get a Quote

Allianz Care International Health InsuranceInternational Health Insurance

Get a quote for health insurance from our partner, Allianz Care.
Get a Quote

Spain GuideSpain Guide
Learn what members have to say about living in Spain.

Spain Forum Spain Forum
Talk with other digital nomads and expats in Spain on our Spain forum - meet people, get advice and help others.

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Contribute to Spain Network Contribute
Help others in Spain by answering questions about the challenges and adventures of living in Spain.

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Expats in Spain offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Spain.

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Real estate listings in popular cities and towns in Spain.

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Advice for people renting and buying real estate in Spain.

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