How Much Does It Cost to Live in Spain? Let's find out more

Ever imagined what it would be like to live in a country filled with exciting festivals, stunning beaches, and delicious food like tapas every day? Spain is not only a stunning holiday destination, but also an attractive choice for living, working, or studying. 

The relaxed Spanish lifestyle is indeed attractive to many people, but you must be wondering, how much does it actually cost to live there? Before deciding to move, it's a good idea to know the picture of daily expenses, from accommodation, transportation, to food. Come on, read more so you can enjoy Spain without having to worry about your wallet!

How Much Does It Cost to Live in Spain?

The cost of living in Spain varies depending on the city you live in, your lifestyle and your daily needs. In general, Spain is considered more affordable than other European countries such as the UK or Germany. However, this can also vary for workers, families and students.

Read Also: How Much Does It Cost to Live Comfortably in France?

Cost of Living in Spain For Workers

Workers in Spain usually spend most of their budget on accommodation and transportation. In big cities like Madrid or Barcelona, ​​apartment rental costs can be higher, ranging from €700 to €1,200 per month.

For smaller cities, rent can be much lower, ranging from €500 to €800 per month. In addition, public transport costs range from €40 to €60 per month with a monthly pass.

Cost of Living in Spain for Families

Families living in Spain will likely need larger accommodation, which means higher rents, especially in urban areas. Costs for children’s needs such as education and healthcare must also be taken into account. In general, the cost of living for a family can range from €2,000 to €3,000 per month depending on the location and the family’s specific needs.

Cost of Living in Spain for Students

Students often look for cheaper accommodation options, such as campus dorms or shared apartments. Rent for students usually ranges from €300 to €600 per month depending on the city.

Additionally, many universities in Spain offer affordable cafeteria meals and discounts on transportation for students. Overall, student living costs can range from €700 to €1,000 per month.

Read Also: Cost-Saving Tips for Living in the UK for a Month

Cost of Living in Spain 1 Day

For daily needs, a person in Spain might spend around €30 to €50 per day. This includes food, transportation, and other daily needs. However, this cost can vary depending on lifestyle and where you live.

Daily Costs in Spain

Meal cost

Eating out in Spain can vary depending on the location. A simple restaurant meal can cost around €10 to €15 per meal. For those looking to save more, groceries and cooking at home can save you a significant amount of money, with a budget of around €150 to €250 per month for kitchen supplies.

Transportation costs

Public transportation in big cities like Madrid and Barcelona is quite efficient. Monthly passes for public transportation usually range from €40 to €60. If you prefer to use your own vehicle, you will also need to factor in the cost of gas and parking.

Insurance Costs

Spain has a good public healthcare system, but some people prefer private health insurance. Private health insurance can cost anywhere from €50 to €200 per month, depending on coverage and age.

Miscellaneous expense

Other costs include internet subscription (€30-€50 per month), entertainment, clothing and personal needs. These costs vary depending on each individual's lifestyle.

Cost Saving Tips for Living in Spain

1. If you frequently use the metro or bus, it is recommended to buy a monthly pass. It usually costs around €50-€60 per month.
2. Shopping at local markets is cheap. Around €30-€50 per week, and more economical than eating out.
3. Want to save more? Try sharing an apartment. Rooms can start from €300-€500 per month.
4. Spain has many free places and events. Enjoy beaches, parks, festivals and museums that are sometimes free.
5. If you are a student, you can take advantage of special discounts. Bring your student card to get discounts on transportation, cinemas, and tourist attractions.
6. Always set aside a little extra money every month for emergencies.

Read Also: Details of the Cost of Living in Malaysia and Savings Tips!

Cheapest Cities in Spain

Some cities in Spain have a much more affordable cost of living than big cities like Madrid and Barcelona. Cities like Valencia, Seville, Zaragoza and Granada offer a good quality of life at a lower cost. Rent in these cities can be up to 20%-30% lower than in big cities.

After discussing tips on saving on living costs in Spain, Easylink can help you make it happen! For those of you who need to send money to Spain at a more economical cost, just use Easylink!

With Easylink you only need a fee starting from IDR 30 thousand to be able to send money abroad. So what are you waiting for, send money to Spain using Easylink now!