Written by Ricky Bean,
Last Modified: 17th November 2016

“With our annual cost of living survey released this week, it seemed like a good time to speak to our Spanish experts on the ground in La Cala de Mijas, on the Costa del Sol, about their own experiences of the cost of living in Spain.

The team estimates the cost of living to be up to 40% cheaper in Spain than you may be used to in the UK.”

“It’s certainly good news for those planning on moving to Spain in the near future, as the team estimates the cost of living to be up to 40% cheaper in Spain than you may be used to in the UK. One of the best ways you can save money here is through the low cost of quality food, and of course heating bills – especially in the winter!

Find homes in Spain via our property portal.

Spain - Cheap fruit and vege in Barcelona markets

The cost of food in Spain is much lower than in the UK.

“When it comes to property, rental costs are much lower; the average rental price for a two bedroom, two bathroom apartment is €450 per month (£342 per month based on a rate of 1.3152 (Smart Currency Exchange, 25th May 2016). This apartment in one of the bigger UK cities would certainly be close to four times more, while for the same cost you would be unlikely to find much more than a studio or a room in shared house in most areas across the UK. Spain does not have council tax in the same way that the UK does, and the fees and taxes that must be paid are considerably less than the UK.

“Buying a car in Spain can be much more expensive than you may realise, but the costs to run the car will be much cheaper. You will also find that low-cost high street shops are helping the population find bargains on clothes and shoes – each contributing to a lower cost of living across the country.

Spain Buying Guide cover

The Spain Buying Guide is a free, independent resource to help anyone who is looking to buy property in or move to Spain through each critical stage of their property buying journey.

Set up to help our readers avoid the many complexities and pitfalls of buying property in Spain, the guide takes you through each stage of the property buying process, with practical recommendations from our experts who have been through the process themselves.

 

  Understand Brexit
  Find your property
  Ask the right questions
  Avoid losing money
  Avoid the legal pitfalls
  Move in successfully

Download your free guide to buying in Spain

Pin It on Pinterest