Right here’s Precisely How A lot it Prices to Dwell in Spain for One Yr | by Shawn Forno | The Startup | Jan, 2024


An trustworthy have a look at our common month-to-month bills in Galicia, Spain

Shawn Forno

The Startup

Screenshot from my candy monetary spreadsheet

It’s simple to gush concerning the joys of residing in Spain (and I’ve).

The meals is wonderful, the tradition is addictive, and the individuals are one of the best.

However my spouse and I’s favourite factor about residing in Spain over the previous 12 months has been the belief {that a} “good” life doesn’t should break the bank.

To point out you what I imply, I’m going to share precisely how a lot we spent on common over the previous 12 months in Spain — on all the things from hire and utilities to groceries, eating out, and leisure — so you possibly can gauge whether or not life in Spain is best for you.

We tracked all of our spending over the 12 months and broke it down into 15 spending classes beneath. Listed here are our month-to-month averages for the price of two individuals residing in Spain from January 2023 to January 2024.

Month-to-month Fastened Prices in Galicia, Spain

These are the issues that should spend cash on every month, it doesn’t matter what we do or the place we’re. I’ll dive into the small print for every of those classes beneath, however right here’s a fast overview:

  • Hire (2 mattress, 2 bathtub) — €600/month
  • Utilities (electrical, gasoline, water, sewage, heating)— €74.50/month
  • Wifi + (2) Telephone plans— €48/month
  • Personal Well being Insurance coverage w/ dental — €118/month (€1416 for each of us for the 12 months)

Month-to-month Discretionary Spending

…and right here’s what we spend to stay the life we get pleasure from in Spain.

  • Eating — €452/month
  • Groceries — €368/month
  • Sundries — €38/month
  • Alcohol — €132/month
  • Espresso — €38/month
  • Stuff — €417/month
  • Transit — €141/month
  • Leisure — €91/month
  • Gymnasium memberships — €90/month

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