Are you thinking of moving to Spain from the UK?
If so, you’ll need to find out the average cost of living in Spain and how it compares to the UK.
In the following guide, we give you an insight into the living costs in Spain including groceries, utility bills, as well as entertainment and other monthly expenses.
You’ll learn more about:
Let’s take a look!
If you've ever thought of taking the plunge and moving to Spain, you're in good company. According to a 2018 uSwitch quality of life poll, around 12% of Brits were seriously thinking of moving abroad, with Spain being the top choice for many.
Out of more than 2,000 people surveyed, only 5% of them said that they were happy living in the UK with almost 50% citing the cost of living as the most influential factor.
Other major reasons for moving abroad included a rise in violent crime and a feeling of living in a fragmented and broken society.
6 Out Of 10 Brits Living Abroad Would Never Return To The UK
A similar study in 2020 by the deVere Group revealed that despite the uncertainty of BREXIT and the UK’s departure from the EU, 62% of British expats living abroad vowed to never return to the UK!
Coupled with the fact that the average European enjoys more holidays, higher spend on healthcare as a percentage of GDP, lower retirement age and a longer life expectancy, it's no wonder that so many Brits are looking to move here in 2020 and beyond.
In a recent HSBC Global Survey, expats voted Spain as the 4th most desirable country worldwide. The vast majority of the 18,000 participants cited the quality of life, physical and mental wellbeing, safety and the Spanish weather as being the most important factors.
Of course, before you make the move, it's always a good idea to research the monthly cost of living in Spain to make sure that your level of income will be sufficient to warrant moving here.
With the double-whammy of both Brexit and the Coronavirus hanging over us all, now more than ever, we all need to watch the pennies and budget for our new life here in Spain.
Read on to find a realistic outline of the cost of everyday items. Hopefully, this will enable you to plan your own budget more efficiently and live as cheaply as you can.
We've included on our list, many of the most common shopping items you would buy on a daily basis, but we've also incorporated other essentials such as what it will cost to run a car, how much you could expect to pay for utility bills and what you might assume to pay for travelling or eating out.
Obviously the costs of items we've included are very general. The items that are essential to you will possibly vary from these and so your own living expenses may well differ. What you should do when you undertake research into your everyday living costs in Spain is to consider the following:
Also, don't forget that the monthly cost of living in Spain is more than just the items of shopping you put in your trolley. There are a variety of other living costs to consider before you make the decision to seek out warmer climes, and in fact, doing your homework in advance will help you to decide whether moving abroad is economically sustainable for you.
Other things that can affect the amount of income you will need include:
The days when the cost of living in Spain was relatively cheap are unfortunately long gone, but then this is the same all over the globe so it's only to be expected. However, you can still live relatively cheaply here if you set your mind to it and make an effort to budget properly and live more like the locals do.
Overall, the cost of living in Spain in 2020 is still much cheaper than in the UK. Rents, for example, are around 30% less, groceries 15% less and the Consumer Price Index over 21% lower than the UK.
However, despite the lower cost of living in Spain, the average salary is far less than that of the UK.
The average Spaniard takes home around €1,340 per month. This is a lot less than the average monthly net income in the UK which is around €1,888 per month. Source: Numbeo.com
The national minimum wage in Spain for 2020 is currently set at €1,108 per month (Gross) with the UK at €1,599 per month (Gross). Source: Wikipedia.org
Remember too, that while Spain has a welfare system, it’s different to the UK and so there is no Universal Credit or working/child tax credits as such. There are a few tax allowances for people who have children, but these are really nowhere near as substantial as the ones you may be used to in the UK.
Take a look at the following page about the UK and Spanish benefits you may be able to receive while living here in Spain.
View the following page for a full list of tax allowances and thresholds in Spain.
TIP: The best way to approach your research into the cost of living in Spain is to write down all of your current monthly expenses and then compare them to the prices we have included below. This will effectively demonstrate just how the cost of living in Spain will compare to that of the UK.
The Most Expensive Regions In Spain to Live
Where you live in Spain can be just as important as to how you live.
Prices can vary considerably and will depend on whether you live in a larger city or in a small rural town or village.
According to the Numbeo website which collects the cost of living data that is input by users, the most expensive places to live in Spain for 2020 can be seen below.
Spain’s two biggest cities, Barcelona and Madrid usually come out near the top. Living in either of those is going to be more expensive than living in other regions popular with expats such as Malaga and Alicante.
So how much does it cost to live in Spain?
The following costs are for June 2020. They are a comparison between mainly ADSA (mostly own brands), which is one of the cheaper UK supermarket chains and Mercadona, considered to be its equivalent in Spain. In order to make the comparison easier, the UK prices have been converted into Euros and are correct as of June 2020.
Supermarket chains Lidl and Aldi also have a strong presence here in Spain, so if you usually shop at these stores, you may be able to reduce your weekly grocery bill further still.
Note: Different municipalities in Spain charge different amounts for services and utilities such as water, road tax, council tax etc. You should do some area-specific research in order to make a completely accurate account of what it will cost you to live in your chosen area of Spain.
The exchange rates below are as of 17/06/2020 at a rate of £1.00 = 1.12 Euros
Cost Of Shopping Items In Spain
|Bread||€0.95 loaf 820g||€1.06 Kingsmill White Loaf 800g|
|Milk||€0.79 1 litre||€1.23 4pt Semi-Skimmed|
|Butter||€1.50 250g||€1.73 250g Salted|
|Sugar||€0.78 1 kg||€0.77 kg (Silverspoon)|
|Coffee||€2.37 250g||€2.24 Asda Gold Roast 200g|
|Coca Cola||€1.59 2 litre||€2.35 1.5 litre|
|Red Peppers||€0.81 each||€0.56 each|
|Potatoes||€1.00 kg||€0.56 kg|
|Bananas||€1.29 kg||€0.84 kg|
|Tomatoes||€1.65 kg||€0.84 6pk (Salad Tomatoes)|
|Oranges||€1.26 kg||€1.51 for 5 Medium Oranges|
|Apples||€1.29 kg||€1.45 for 6 Braeburn|
|Cornflakes||€1.05 500g||€0.60 450g|
|Extra Virgin Olive OIl||€3.17 litre||€5.98 litre (Napolino)|
|Pasta - White||€0.98 kg||€0.59 500g (Spaghetti)|
|Rice - White||€2.10 kg Basmati||€1.62 kg Basmati|
|Eggs||€1.29 for 12 medium||€2.12 12 medium free-range|
|Chicken||€5.06 650g||€3.80 650g|
|Pork Chops||€3.92 800g||€5.60 kg|
|Fish/Salmon||€18.00 kg||€13.86 kg|
|Tuna/Tin||€2.28 240g x3||€3.92 4 x 145g|
|Water||€0.21 1.5 litre||€0.56 1.5L|
|White Wine||€3.00 (Low) €5.00 (Medium)||€4.76 (Lower Price)|
|Beer||€1.64 litre (San Miguel)||€1.67 660ml San Miguel|
|Vodka||€18.07 Litre Absolut||€25.00 Litre Absolut|
|Cigarettes||€5.00 Marlboro 20||€13.27 20 Marlboro Gold|
|Toothpaste||€1.75 100 ml||€0.89 Colgate 75ml|
|Shampoo||€2.99 Pantene 270cc||€2.18 400ml Herbal Essences|
|Hand Soap||€0.94 500ml||€1.12 300ml Imperial Leather|
|Toilet Rolls||€3.82 for 12 Bosque Verde||€5.60 for 12 Cushelle|
|Washing Powder||€5.00 (35 Washes) Bosque Verde||€5.60 Daz 40 Washes 2.6 kg|
Cost Of Utility Bills In Spain
|Phone/Internet||Between €30 and €55 per month for both line rental and 50Mb-300Mb broadband. See our page on Broadband Internet in Spain|
|Water||The average monthly water bill in Spain is around €40 - €60 - Dependent on occupants and usage. The cost of water in Spain is similar to the UK.|
|Gas||€13.37 max for butane bottle - More info via our page Butane Gas Bottles In Spain|
The average monthly electricity bill in Spain is around €60 - €100. However, your electricity costs in Spain will depend on occupancy numbers, usage and the time of the year.
It will also depend on the contracted kW of your home. Small/medium-sized homes should be contracted for 3.45kW, Larger homes 5.75 kW and Larger homes with heavier electrical consumption 10.35 kW. Make sure your property is on the right kW or you may be paying too much. Find out more here.
|IBI/Council Tax||Varies by region. Around 1/4 of UK council tax.|
|Rent||1-2 bed apartment €500 per month (Outside City) - 2-3 bed apartment €750 per month (outside City) - Villa with pool around €1,000+ per month. 1-2 bed City apartment €675 per month. 3 bed City apartment €1,000 per month. Will also depend on whether inland or in a more tourist area. Prices are generally cheaper inland.|
|Community Fees||If you own a property on a complex or urbanisation, you may have to pay towards the upkeep of the grounds, pool, lifts etc. Allow between €50 - €200 per month.|
Cost Of Running A Car In Spain
|Road Tax||Relatively cheap. Around €50 per year for a small car and €100 for large. For more info, see our page on Spanish Road Tax|
|Petrol||€1.12 per litre unleaded. Diesel €1.03 per litre.|
|MOT/ITV||Around €35.00 Full list here - All About The Car ITV Test In Spain|
|Servicing||From €175 for a full service. (NorAuto.es)|
|Toll Roads||Variable. Quite expensive.|
|Meal for two with a glass of wine||Medium range restaurant around €40|
|Menu del Día||Set three-course lunch in Spanish restaurant around €10 per head|
|Beer||Domestic beer 0.5 ltr €2.50, Imported beer 0.5 ltr €2.80|
|Wine||€2.50 per glass|
Insurance Costs In Spain
|National Insurance/Self Employed||Between €50 (First 12 months only) and €285 per month (Whether working or not) More info here|
|Car Insurance||Dependent on driver age and history.|
|Health Insurance||From around €30 per month with ourselves. You can get a quote for one of our policies here.|
|Life Insurance||Cost dependent on current health and age.|
|Buildings and Contents Insurance||Allow for around €250 per year.|
Sports and Leisure
|Gym Membership||Approximately €25 - €45 per month.|
|Cinema||Around €8 per ticket.|
|Golf||Varies on quality of course. Allow at least €50 per round minimum.|
Schooling Fees In Spain
|International School||Between €4,000 and €10,000 per annum per child.|
|Spanish School||Free, although there may be a small yearly charge for books etc. More info on school books here.|
|Preschool/Kindergarten||€375 per month for one child (Full day)|
As you can see, prices can vary widely and can also depend on which region of Spain you will be living in.
With the UK no longer a member of the EU, the residency process has now changed from 2021. Any UK nationals wishing to live here for longer than 90 days will need a residency visa for Spain.
Photo Credit: Mr Ricochet [CC0], via Wikimedia Commons
April 15, 2021