GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Spain

The average cost of living in Spain is lower than in most Western European countries, with rent for a one-bedroom apartment in the city center typically ranging from 600 to 900 euros per month and a meal at a mid-range restaurant costing around 10 to 15 euros.

With sources from: numbeo.com, expatistan.com, internations.org, statista.com and many more

Statistic 1

Wearing apparel prices are approximately 10% cheaper than in most Western European countries.

Statistic 2

The Spanish CPI (Consumer Price Index) growth rate over the last decade is about 1.5% annually.

Statistic 3

The average monthly transportation pass in Spain costs about €40.

Statistic 4

The average price of gasoline per liter in Spain is around €1.40.

Statistic 5

A liter of milk in Spain costs approximately €0.80.

Statistic 6

A regular cappuccino costs approximately €1.76.

Statistic 7

The average cost of gym membership in Spain per month is approximately €35.

Statistic 8

The average monthly rent for a one-bedroom apartment in the city center in Spain is approximately €700.

Statistic 9

The average cost of eating out at an inexpensive restaurant is around €12 per person.

Statistic 10

Public schooling in Spain is free and compulsory between the ages of 6 and 16.

Statistic 11

The price of a dozen eggs in Spain is roughly €2.50.

Statistic 12

The average cost of utilities (electricity, heating, cooling, water, garbage) for an 85 m² apartment is around €120 per month.

Statistic 13

The average monthly gross salary in Spain is around €2,200.

Statistic 14

Monthly internet charges in Spain are about €40.

Statistic 15

Average cost of groceries for a single person is estimated to be around €200 per month.

Statistic 16

The average cost for an international school tuition per year in Spain is around €10,000.

Statistic 17

A cinema ticket typically costs around €9.

Statistic 18

The average cost of a loaf of bread (0.5 kg) is around €1.00.

Statistic 19

Spain’s average healthcare costs for expatriates are relatively low, with many services covered by the national health system.

Statistic 20

The cost of living in Spain is about 22% lower than in the United States.

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In this post, we will explore the average cost of living in Spain based on various key statistics. From the price of daily essentials like groceries and transportation to larger expenses such as rent and healthcare, we’ll provide an informative overview of the economic landscape in Spain. So if you’re considering a move or just curious about the financial aspects of living in this beautiful country, read on to discover more about the affordability and expenses you can expect to encounter in Spain.

Statistic 1

"Wearing apparel prices are approximately 10% cheaper than in most Western European countries."

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Statistic 2

"The Spanish CPI (Consumer Price Index) growth rate over the last decade is about 1.5% annually."

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Statistic 3

"The average monthly transportation pass in Spain costs about €40."

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Statistic 4

"The average price of gasoline per liter in Spain is around €1.40."

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Statistic 5

"A liter of milk in Spain costs approximately €0.80."

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Statistic 6

"A regular cappuccino costs approximately €1.76."

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Statistic 7

"The average cost of gym membership in Spain per month is approximately €35."

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Statistic 8

"The average monthly rent for a one-bedroom apartment in the city center in Spain is approximately €700."

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Statistic 9

"The average cost of eating out at an inexpensive restaurant is around €12 per person."

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Statistic 10

"Public schooling in Spain is free and compulsory between the ages of 6 and 16."

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Statistic 11

"The price of a dozen eggs in Spain is roughly €2.50."

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Statistic 12

"The average cost of utilities (electricity, heating, cooling, water, garbage) for an 85 m² apartment is around €120 per month."

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Statistic 13

"The average monthly gross salary in Spain is around €2,200."

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Statistic 14

"Monthly internet charges in Spain are about €40."

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Statistic 15

"Average cost of groceries for a single person is estimated to be around €200 per month."

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Statistic 16

"The average cost for an international school tuition per year in Spain is around €10,000."

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Statistic 17

"A cinema ticket typically costs around €9."

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Statistic 18

"The average cost of a loaf of bread (0.5 kg) is around €1.00."

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Statistic 19

"Spain’s average healthcare costs for expatriates are relatively low, with many services covered by the national health system."

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Statistic 20

"The cost of living in Spain is about 22% lower than in the United States."

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Interpretation

In conclusion, the statistics reveal that the average cost of living in Spain is relatively affordable compared to other Western European countries. With lower prices for apparel, moderate CPI growth, and reasonable costs for transportation, groceries, housing, utilities, and healthcare, Spain offers a cost-effective lifestyle for both locals and expatriates. Additionally, free public schooling up to age 16 and lower expenses for dining out, entertainment, and education contribute to the overall affordability of living in Spain. Overall, the data highlights Spain as an attractive destination with a cost of living approximately 22% lower than that of the United States, making it a desirable option for those seeking a balance of quality living and financial practicality.

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