Discovering the Cost of Living in Spain
Last update: May 31, 2024
Reading time: 1.6 min
Introduction: Why Knowing the Cost of Living Matters
Considering a move to a new country? Knowing the cost of living is key! How much do you need each month? What’s the price of food, transportation, properties, or rentals? Let’s dive in with some examples to show you just how much more affordable life can be in Spain compared to the US or other European countries.
Housing Costs in Valencia
Let’s take Valencia, my vibrant city, as an example. Costs may vary depending on where you live in Spain.
- City apartment with two bedrooms and a bathroom: Starts at €150,000 ($169,000 )
- Dreamy villa with three bedrooms, two bathrooms, a garden, and perhaps a pool: starts at €300,000 ($338,000)
- Prices vary based on your preferences, location, and property features. Valencia is full of fantastic deals waiting to be discovered!
Food Expenses
- Morning coffee and croissant: €2 ($2.25)
- Fresh Valencian tomatoes: €2 per kilo ($2.25 per kilo)
- A hearty lunch with a big sandwich and a drink: $5 ($5.63)
- A bottle of fine wine: €4 ($4.50)
On average, a week’s worth of groceries for one person can range from €30 to €50. Local markets and discount supermarkets offer great deals!
Transportation Costs
- Tram, metro, and bus card: €1, plus 10 trips for €4 (that’s $1.13, $4, and $0.45 per trip)
- Airport taxi: around €20 ($22.50)
- Annual Valenbisi (bike) subscription: just €30 ($33.75) for the year.
Get around easily and affordably with Valencia’s convenient transportation options, including the popular Valenbisi bike-sharing system!
Outings and Leisure Activities
- Enjoy a delightful menu del dia (starter, main, dessert, and a drink): €13 ($14.63)
- Catch a movie at the cinema: €6 ($6.75)
- Savor a glass of wine or beer on a sunny terrace: €2 to €3 ($2.25 to $3.38)
Valencia offers plenty of affordable entertainment options for all to enjoy!
Healthcare Expenses
- Medical insurance: €60 to €200 ($67.50 to $225)
- Medications: usually paid by insurance.
Rest assured, healthcare in Spain is generally affordable, thanks to the public healthcare system and subsidies for medications.
Conclusion: Ready to Embark on Your Spanish Adventure?
These estimates may vary based on lifestyle, preferences, and exact location in Valencia. Ready to embark on your Spanish adventure?
