Cost of Living in Spain

1. Housing Costs (Rent/Utilities)

On average, utilities for a 2-bedroom apartment on the Costa del Sol (electricity, water, internet) cost between €100–€150 monthly

2. Food and Dining

Spain is renowned for its fresh produce, cheap tapas, and affordable dining.

• A weekly grocery bill for two in Spain costs around €50–€80, depending on preferences.

• Eating out is also affordable, with a 3-course meal at a restaurant costing between €10–€25 per person.

• Coffee: €1.50-2.50

• Local beer/wine: €2-4 in bars

3. Utilities

• Electricity: €70-140 monthly (higher in summer for air conditioning)

• Water: €20-60 monthly

• Internet and phone: €35-70 monthly

• Home insurance: €200-500 annually

3. Transportation

Public transport on the Costa del Sol is efficient and affordable.

• A single bus ticket costs around €1.50, while monthly passes are approximately €40–€50.

• For car owners, fuel is cheaper in Spain, averaging €1.60 per liter (2025 estimates)

• Vehicle insurance: €400-800 annually

4. Healthcare

Spain offers a high-quality public healthcare system, and European citizens with an EHIC (European Health Insurance Card). For permanent residency:

• Public healthcare: Free/heavily subsidized with Spanish social security contributions

• Many expats also opt to pay for private insurance, which costs around €50–€100 monthly.

5. Other costs:

• Gym membership: €30-60 monthly

• Golf: €50-120 per round, with membership options available

• Cinema: €8-12 per ticket

• Domestic help: €10-15 per hour

6. Taxes

Spain’s property taxes and cost of maintaining real estate on the Costa del Sol are competitive.

• In Spain, annual property taxes (Impuesto sobre Bienes Inmuebles, or IBI) vary depending on the location and property size but average €300–€1,000 annually.

  
  

The Bottom Line: Why the Costa del Sol is Cost-Effective

For European citizens, the Costa del Sol offers not only a sunny escape but also a cost-efficient alternative to living in northern Europe. Whether it’s affordable property prices, lower utility bills, or the unbeatable dining and lifestyle costs, Spain allows you to stretch your income further.

When compared to the UK, the Nordic countries, Eastern Europe or Germany, it’s evident that the Costa del Sol provides a better overall value without sacrificing quality of life. For retirees or remote workers looking for a second home, the region offers exceptional opportunities to enjoy a relaxed Mediterranean lifestyle.