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    Cost Of Living In Spain

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    Budgeting For Life In Spain

    Reviewed by Kathleen Peddicord

    Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.


    Tostadas with smoked salmon and soft baked cheese. cost of living in Spain
    Adobe Stock/SvetlanaSF

    Spain is one of the cultural centers of Europe, a place where the people celebrate life, dance the flamenco, and enjoy wine and tapas.

    This birthplace of such great artists as Picasso and Salvador Dali, rich with history and fantastic old architecture mixed in with the modern new, is not quite as expensive as you may have thought. In some areas, it’s very affordable.

    Spain is so diversified…there’s a place for every type of expat from a single retiree to a couple with children.

    The key to a happy life in Spain is finding the area that suits you. If you’re a culture vulture, you may appreciate Barcelona, Seville, or Madrid. If it’s sun, sand, and sea you’re after, take a look at the Costas.

    Even if it’s a green and seasonal area you seek, you have the northern Atlantic coast. It’s all available in Spain, and you can enjoy life there for less than US$2,000 per month.

    Look at current exchange rates here.

    Madrid and Barcelona are major international airports with multiple direct flights to North America and Asia.

    Plus, Málaga Airport, on the Costa del Sol, has flight connections to 60 countries (including one direct flight to North America by way of Montreal, Canada).

    In short, being geographically closer to the rest of Europe means you can get a train (or car) from just about anywhere in Spain to France. Barcelona to Montpellier in the south of France is only a three-hour train trip.

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    Cost of Living in SpainMonthly Budget in US$
    RentUS$700
    HOA Fee0
    Property Taxes0
    TransportationUS$45
    Gas (bottled for cooking)US$30
    ElectricityUS$48
    Water (inc. in apartment fees)US$18
    Telephone (inc ADSL, TV)US$47
    Internetinc
    Cable TVinc
    Household HelpUS$160
    FoodUS$250
    EntertainmentUS$100
    Health Insurance (AARO – Hosp Plan)US$434
    TravelUS$150
    MiscellaneousUS$70
    Total Monthly ExpensesUS$2,052

    Cost Of Living In Spain

    A huge advantage of living in Spain is the chance to explore Portugal, France, and beyond. Whether by road, rail, or air, Spain’s infrastructure allows you to plan your European adventures easily, frequently, and affordably.

    From Seville, you can be in the Algarve in less than two hours by car… From Barcelona, it’s just over two hours to the French Riviera.

    Fancy a long weekend in Amsterdam, Vienna, Rome, Prague, or Dublin? Budget airlines like Ryanair and EasyJet offer cheap flights all over Europe, with services close to all major towns.

    Mos importantly, you can stay as long as you like in any of the 26 Schengen visa countries, meaning you could move as you wanted among Spain, France, Italy, Germany, Austria, Switzerland, and beyond.

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    My Favorite Part Of Spain

    Spain should be near the top of your list for a retirement or second home destination. The lifestyle is fantastic… the cost of living is relatively low… the cost of properties is reasonable… and the language is fairly familiar. Spain, in fact, was my first overseas destination, years before my wife and I finally settled in South America. I’ve enjoyed repeated visits to Spain’s major cities, and the countless attractions they hold. From Madrid to Barcelona… and from Granada to...

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