Spain is known for its warm climate π₯, rich culture, and affordable π€ lifestyle compared to other European countries πΊοΈ. But how much does it actually cost to live in Spain π€? Whether you're planning to move, retire, or just want to compare costs with your current country, this guide will help you understand the cost of living in Spain π . Weβll break down key π expenses like housing π‘, groceries πͺ, utilities π, and lifestyle costs, and weβll compare these costs with the UK to give you perspective π.
Finding π a place to live is often the biggest part of any budget π². Luckily, housing in Spain is generally more affordable than in other European countries π. Hereβs a breakdown of the most common options.
Renting is the most popular option for expats and newcomers to Spain. Here's what to expect:
Major cities (Madrid, Barcelona):
Renting a one-bedroom ποΈ apartment in the city center costs between β¬800 and β¬1,200 per month.
Smaller cities (Valencia, Seville):
Prices drop significantly in smaller cities π, with rents ranging from β¬500 to β¬800 per month.
Shared housing:
Shared flats are a popular choice for students π¨βπ and young professionals, with prices starting from β¬300 per room per month.
Buying property in Spain
If youβre considering buying property π‘, youβll find that Spain has a variety of options depending on the location:
Urban centers (Madrid, Barcelona):
Property prices average around β¬3,500 per square meter in big cities ποΈ.
Coastal regions (Alicante, MΓ‘laga):
Coastal towns are cheaper, with prices of about β¬2,500 per square meter.
Rural locations:
For those looking for a more peaceful setting , rural π² properties cost as low as β¬1,200 per square meter.
Grocery costs in Spain
Spain is known for its fresh, high-quality food at affordable prices. Whether you shop at supermarkets or local markets, youβll find great deals on essential groceries π. Hereβs a look at some average prices for everyday items:
π Milk (1L): β¬0.90
π Fresh bread (Loaf): β¬1.20
π³ Eggs (Dozen): β¬2.30
π Chicken breast (1kg): β¬6.00
π Seasonal fruits (Apples, bananas): β¬1.50ββ¬2.50 per kg
π Vegetables (Tomatoes, potatoes): β¬1.20ββ¬1.80 per kg
β Tip: Local markets often have fresher and cheaper produce compared to supermarkets πͺ.
One of the main reasons people move to Spain is its lower cost of living compared to countries like the UK. Hereβs a comparison of daily expenses:
Item/Service |
Spain |
UK |
---|---|---|
βCafΓ© solo (Coffee) |
β¬1.50 |
Β£2.80 |
π Corte de pelo (Haircut) |
β¬12.00 |
Β£20.00 |
π Transportes (Public Transport) |
β¬40.00/month |
Β£75.00/month |
ποΈ Gimnasio (Gym Membership) |
β¬35.00/month |
Β£40.00/month |
The difference in dining out, public transport, and even personal care services is substantial, with Spain being significantly more affordable π€ than the UK.
Your monthly expenses in Spain will depend on your lifestyle, city π of residence, and spending habits π±. Hereβs an overview of the estimated monthly cost for a single individual:
ποΈ Rent (1-bedroom apartment): β¬1,000
π Utilities (electricity, water, internet): β¬100ββ¬150
π Groceries: β¬200ββ¬300
π Leisure (dining out, activities): β¬150ββ¬200
πΆ Estimated Total: β¬1,500ββ¬1,700 per month
ποΈ Rent (1-bedroom apartment): β¬600
π Utilities (electricity, water, internet): β¬80ββ¬100
πGroceries: β¬150ββ¬250
π Leisure (dining out, activities): β¬100ββ¬150
πΆ Estimated Total: β¬1,000ββ¬1,200 per month
When comparing Spain to the UK, Spain is significantly cheaper in key areas like housing ποΈ, utilities π¨οΈ, and food π. Hereβs a detailed breakdown:
Spain (Madrid, 1-bedroom): β¬1,000/month
UK (London, 1-bedroom): Β£1,500/month
Spain: β¬100ββ¬150/month
UK: Β£150/month
Spain (3-course meal for two): β¬40
UK (3-course meal for two): Β£70
When creating a budget for living in Spain, there are a few factors to keep in mind:
Living in smaller towns and cities like Valencia or Granada can save you hundreds each month on rent ποΈ, groceries π, and transport π.
Utility bills πΈ fluctuate with the seasons. Expect higher bills in summer βοΈ (for air conditioning π¨) and in winter βοΈ (for heating π₯).
Dining out π, frequent travel π , and entertainment activities πΊ can significantly affect your budget.
π Watch this video π
Is moving to Spain an option for you π€?