Cost of Living in Spain

9th July 2019

Did you know that around 664.921 European expats permanenty live on the Costa Blanca?
When moving home, one of the main things you consider is the cost.
And that’s not just the moving fees and house prices, but the overall cost of living in the place itself. You may not realise it, but the price of a weekly food shop, meal for two or a day out may make or break the move. If you’re thinking about relocating to sunny Spain, we’ve highlighted some general costs you may encounter while living there. Let’s look at what the cost of living in Spain is.

How Much Does it Cost to Live in Spain?

Whether you’re retiring, temporarily moving to Spain or relocating here for a new life, the cost of living in Spain is a crucial element to consider. Out of the whole of Western Europe, Spain is one of the cheapest places to call home. The cost of living in Spain varies dramatically based on where you choose to live. For example, places such as Madrid, Barcelona and San Sebastian are some of the most expensive places to live.

 

The Costa Blanca a popular destination for expats from Northern Europe and actually from all around the world, mainly due to the very good roads, fantastic daily connections by plane to the rest of Europe and the world, its climate and of course the low cost of living! nardia real estate agency are an estate agency in Altea on the Costa Blanca, so we’ll use our region to look at the cost of living in Spain.

House Prices in Spain

At nardia real estate agency we have houses and apartments on the entire Costa Blanca, Costa Calida and also on the Costa de Almeria in portfolio! Depending on your preference and Budget, we will find exactly the house that meets your wishes!

On our website you can find villa for sale in Altea, apartments for sale in Benidorm, villa with pool in Javea or villa for sale in Moraira. We offer a very wide portfolio and also offer inspection trips to view new construction objects for 2 or 3 days. We are your local real estate agent on the Costa Blanca and Costa Calida.

The beautiful Mediterranean villas with mature garden and private swimming pool in Altea, Calpe, Moraira and Javea on the Costa Blanca North are timeless. These remain popular and are highly sought after by our customers. The coastal towns on the Costa Blanca can only be easily reached from the various airport and have excellent facilities. Keep in mind that some places can be very quiet in the winter.

View our selection of villas with swimming pool on the Costa Blanca North here.

Newly built modern villas with private swimming pools are still for sale at prices around 210,000 euros + taxes. Penthouse apartments with large roof terrace less than 10 minutes by car from the sandy beach are available from around 170,000 euros + taxes. At nardia real estate agency you can For example, you can also find a new one-bedroom apartment on the Costa Blanca South for less than € 100,000 + taxes. If you go to a comparable property in the UK it could easily cost 20% more. View our selection of new-build villas and apartments here (with the newest offer on top. You can also sort by price).

And when you factor in that fact that you get the famous Spanish sunshine and a glorious coastline all for free, we’d put our bets on a property in the Costa Blanca coming up trumps.

Find out more about 
buying a property in Spain.

Utility Bills in Spain

Your basic utility bills in Spain, such as electricity, water and heating, come in at a cheaper monthly cost compared to the UK. On average, your monthly utility bills could be around  €115 - though this does entirely depend on how many people are living in the property and lifestyle choices too. In the UK, average utilities are around £144 - saving you around £350 a year!

 

Internet and phone lines can cost more in Spain compared to the UK, so it’s always worth digging around to make sure you find the best deal possible. The difference can work out to be around £15 a month.


Everyday Essentials

In general, the cost of living in Spain is 16.30% lower than in the UK. Here are some costs of everyday essentials in Spain:

1 Litre of Milk - €0.76 (£0.68)

A loaf of Fresh White Bread - €0.95 (£0.85)

1.5 Litre of Bottled Water - €0.58 (£0.52)

Cinema Trip (1 Ticket) - €8.00 (£7.19)

1kg of Apples - €1.64 (£1.47)

Cappuccino - €1.57 (£1.41)

Bottle of Wine - €5.00 (£4.50)

Gym Membership (Monthly) - €36.10 (£32.46)

Petrol - €1.28 per Litre (£1.15 per Litre)

Beer (0.5 Litre Draught) - €2.40 (£2.16)

The Cost of Eating Out

Even the best of cooks deserve some time out of the kitchen. The cost of eating out in Spain depends on whether you’re looking to treat yourself to a takeout from a fast food joint or enjoy a more sophisticated romantic meal for two in a high-class restaurant. In most cases, a 3 course meal at an inexpensive bar/restaurant can cost around €8. If you’re wanting a 3-course meal for two in a mid-range establishment, it will cost you around €35.

Finding Your Perfect Spanish Property

When buying a property - no matter where it is - it’s imperative that you weigh up the cost of living. If you’ve done your calculations and are sure you’ll be able to live comfortably, we’ve decided to make your property search easier.

 

With nardia real estate agency, you can use our property search facility to assist with finding the perfect Spanish property. You can select your preferred property type, required number of bedrooms and budget to narrow down your search. Here are some of the most popular searches completed on our website:

 

Properties for Sale in Costa Blanca North

Properties for Sale in Altea

Properties for Sale on Costa Del Sol

Villas for Sale in Spain

Apartments for Sale in Spain

Our Brand new villas and apartments

 

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