Spain attracts many people seeking a lower cost of living without sacrificing quality. But how affordable is it? The answer depends on location, lifestyle, and personal habits. Here’s a breakdown of rent, groceries, and bills to give a clear picture of what to expect.
Housing Costs in Spain
Rent is often the largest monthly expense, and prices vary significantly between cities and regions.
Average Rent by City
- Madrid & Barcelona: Expect to pay €1,000–€1,800 per month for a one-bedroom apartment in the city center. Prices drop to €800–€1,200 in the suburbs.
- Valencia & Seville: A one-bedroom apartment in central areas typically costs €700–€1,000, while suburban locations offer options for €500–€800.
- Smaller Cities & Rural Areas: Rent can be as low as €400–€600 for a one-bedroom apartment, with entire houses available for under €1,000.
Buying vs. Renting
Spain has a strong rental market, but homeownership remains popular. The average cost per square meter in major cities:
- Madrid: €4,000–€6,000
- Barcelona: €4,500–€6,500
- Valencia: €2,500–€3,500
- Seville: €2,000–€3,200
Mortgages are accessible, with interest rates around 3–4%, but upfront costs, including taxes and fees, can add 10–15% to the purchase price.
Grocery Prices in Spain
Spain offers a mix of affordable supermarket chains and high-end gourmet stores. Shopping at local markets saves money and provides fresher produce.
Average Monthly Grocery Cost
For a single person, groceries range from €150–€300 per month. A couple or small family may spend €350–€600.
Common Grocery Prices
- Milk (1L) – €1.10
- Bread (500g loaf) – €1.30
- Eggs (12-pack) – €2.50
- Chicken breast (1kg) – €7.00
- Rice (1kg) – €1.50
- Potatoes (1kg) – €1.30
- Apples (1kg) – €2.00
- Cheese (1kg) – €10.00
- Wine (mid-range bottle) – €5–€10
- Beer (0.5L bottle) – €1.00
Utility Bills and Other Expenses
Living costs go beyond rent and groceries. Utilities, internet, and transportation add to the monthly budget.
Electricity, Water, and Gas
- Electricity: €50–€120 per month, depending on usage and season.
- Water: €20–€40 per month.
- Gas (for heating and cooking): €30–€60 per month.
Internet & Mobile Plans
- Home internet: €30–€60 per month for fiber-optic plans.
- Mobile plans: €10–€30 per month, often including unlimited calls and data.
Public Transportation & Fuel
- Metro/bus pass: €40–€55 per month in major cities.
- Taxi fare (per km): €1.20–€1.50.
- Gasoline: €1.50–€1.80 per liter.
Cost of Dining Out & Entertainment
Eating out is affordable compared to many Western countries, especially with menu del día (set lunch menus).
- Coffee: €1.50–€2.50.
- Tapas & beer: €3–€6 per person.
- Three-course meal for two: €30–€60.
- Cinema ticket: €7–€10.
- Gym membership: €30–€60 per month.
Healthcare Costs
Spain has a public healthcare system, but private health insurance provides faster service.
- Public healthcare: Free for residents.
- Private insurance: €50–€150 per month.
- Doctor’s visit (private): €50–€100 without insurance.
- Prescription medication: Generally €5–€20 with a co-pay.
Total Monthly Budget Estimate
A realistic budget varies based on location and lifestyle.
| Expense | Single Person (€) | Couple (€) |
|---|---|---|
| Rent | 600–1,500 | 900–2,000 |
| Groceries | 150–300 | 350–600 |
| Utilities | 100–200 | 150–250 |
| Internet & Phone | 40–80 | 60–100 |
| Transport | 40–100 | 80–150 |
| Dining Out | 100–300 | 200–500 |
| Health Insurance | 50–150 | 100–250 |
| Total | 1,080–2,630 | 1,840–3,850 |
Final Thoughts
Spain offers a reasonable cost of living, especially outside major cities. Rent remains the largest expense, but affordable groceries and public transport balance the budget. Lifestyle choices impact spending, making it possible to live well without overspending.