Cost of Living in Spain
Last updated on Feb 04, 2023
Summary: The cost of living in Spain is generally considered to be quite reasonable. A nice one bedroom apartment in Spain can cost anywhere from $500 to $1,000 per month, while a nice two bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Spain is usually around $15 to $20 per person.
Is the cost of living in Spain high?
We asked people how much they someone comfortably live on in Spain, they wrote:
"The cost of living in Spain is generally considered to be lower than in most other European countries. Prices for everyday goods, like food and gasoline, are fairly reasonable, although rents in some of the major cities can be high," added another person living in Spain.
"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)," explained one expat living in Salamanca.
Will I save money living in Spain?
"Living in Spain can be more affordable than living in other countries. Depending on where you live in Spain, basic costs such as rent, transportation and food can be lower than you might expect. Additionally, Spain offers many free attractions such as beaches and parks along with public events like festivals and carnivals. Although some items such as electronics may be more expensive in Spain than other countries, overall, it is possible to live comfortably in Spain at a reasonable cost," added another person living in Spain.
What is the average cost of housing in Spain?
If you are thinking about moving to Spain, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Spain varies depending on location, size, and quality of the property. In general, prices in Spain have been steadily increasing since the mid-2000s and are projected to continue to rise in the coming years. The average cost of housing in Spain is often higher than in other European countries, with the cost of living in the cities being considerably more expensive," explained one expat.
"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.
About the Author
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.
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