Spain's Golden Visa - Residency By Investment Program

The cost of living in Spain depends upon your chosen lifestyle and location, but overall, it is considered an inexpensive country in comparison with Western European nations.

Housing

Housing costs in Spain, particularly in cities like Madrid and Barcelona, can be significant. Renting a one-bedroom apartment in Madrid typically costs around EUR800 per month, while a two-bedroom apartment can go for approximately EUR1,200 per month. In Barcelona, the median rent for a one-bedroom apartment is about EUR950 per month, with a typical two-bedroom apartment averaging around EUR1,400 per month.

Food

Spain offers affordable food prices; one person could spend between EUR300-400 monthly on their groceries alone. Eating out is also cost effective with moderately priced restaurants offering meals starting from EUR15-20 per head per meal.

Transportation

Transport costs vary based on how and where you travel. Major cities allow residents to quickly access public transit. An annual pass for public transportation in Madrid costs EUR 54, while in Barcelona, this will run you EUR 56 per month in ticket fare.

Utilities

Average costs per month for services in Spain range between EUR 100 and EUR 200, including costs related to gas, electricity, water, and internet services.

Healthcare

Spain boasts an unmatched healthcare system that ensures everyone has access to basic medical services. There are some private services that are not covered under public healthcare plans. Their price will depend on which services are needed and may change accordingly.

Education

All children aged six to sixteen in Spain can access Spain’s public education system for free. Private schools do, however, charge tuition, – price of which will depend on which school it is being attended at.