This proves just how popular Spain is as a destination for expats.
Utilities are somewhat expensive in Spain. Your cost to live in Spain per month or per year would obviously differ. If you become a resident, you will be subject to Spanish taxes that can be very high. For the most part, products, rent and services are cheaper in Spain than they are in, say, the United States (I’ll be using the U.S. as my country of comparison as it’s where I’m from but the numbers will be very similar for those of you who live in Canada or the UK!). That 165€ includes heating, electricity, water, gas and WiFi. Of course, rent varies depending on where you live and the bigger the city the more expensive and less spacious your apartment will be and the vice versa if you live in a more rural area (en el campo) but based on those numbers the average Spanish worker for this year (2018) spends nearly 64% of their monthly paycheck on rent. Have you or do you currently still live in Spain and have a personal experience to share? If you are interested in teaching and living in Spain for a year, send us an email at rvfspain@gmail.com letting us know so we can contact you today! You cannot get staggeringly cheap mobile contracts, but something along the lines of 25$ a month can be found. The 2018 monthly average for WiFi, which has been a fairly stable number throughout the years, is 30€. Cost of living in Spain vs the USA When comparing with the US we come to a similar conclusion as with the UK. For those that do not work or for some reason do not qualify, you may need to arrange additional healthcare insurance. Those products still tend to be cheaper than in the United States, but I don’t want to give off the wrong impression that no matter what you buy and how much of it, it’ll only ever be a few dollars. As an average, clothes are a tad more expensive in Spain than in the UK. Again these might not seem like huge costs, yet when combined they can easily add a large chunk of money to your overall living costs. Considering the living costs, engineering project managers that can earn around €60,000 and ICT Directors that can earn around €50,000 are in a good position to increase their quality of life by living in Spain. After living there for a year, I moved to Lavapiés, also in Madrid, where I graciously lived for free for a few months (thanks Philip!) For example, you are able to earn £11,500 in the UK without having to pay any tax. The next huge expense is rent, since the standard is high in Spain, and the percentage of income that gets spent on rent is extremely close to the percentage that gets spend on food. Cost of living in Spain is one of the lowest in Western Europe, even in the cities. (And the famous Spanish sunshine you get for free.) Change ), You are commenting using your Twitter account. For anyone wishing to study or teach English in Spain, this is good to know because it might be worth living half an hour, or even up to 45 minutes, outside of the touristy parts of town to save some serious money on your monthly rent and just take the bus or Metro into the city center whenever you wish to visit. We use cookies to improve your browsing experience. So let’s get into it: what is the average monthly cost of living in Spain? My wife and I have saved thousands of Euros in rent because we live a little bit outside of the “thick of things” which we enjoy because we are closer to the countryside and away from the hustle and bustle. Knowing how much it will cost you to live in Spain is only part of the equation when it comes to working out whether you will be better or worse off financially in Spain. More than 5.5 million foreign nationals are now living in Spain, accounting for more than 12 percent of its population. The average cost of living in Spain is €900 per month. Cost of Living in Spain Update as of February 2020: We are often asked about our budget for living in Spain, now that we have been here over five years. Leave a comment below! What is a Full Structural or Building Survey? In comparison, the cost of living in Barcelona is more than twice the price when it comes to rent and almost that much when it comes to purchasing a property. What I mean by cheaper is that the “general” produce and other items you might buy such as bread, milk, meat, cereal, eggs, etc. I would say, easily a fourth, if not a third (depending on the city), of a Spaniard’s monthly paycheck goes towards paying rent. In major cities like Madrid or Barcelona and in mid-sized ones like San Sebastian, driving a car is both expensive and nerve-wracking. Fill in a simple form, and get connected with our professional network of removal companies, verified by us and reviewed by you. However, it wasn’t so bad since we could split it four ways and each paid roughly 250€ per month, not including utilities, for a really nice, well-furnished piso (apartment). Spain has always been well known for generally having much lower living costs than the UK. Unsurprisingly, the most densely populated regions in Spain where expat Brits are working are in the south of the country. ( Log Out /
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