Cost of Living in Spain: A Detailed Overview

You might have encountered conflicting information about the cost of living in Spain, whether it's perceived as pricey or the opposite. Regardless of your current perception, understanding the expenses involved is crucial when considering a move to Spain. Embracing a new life in the country means encountering various expenses such as rent, transportation, food, and leisure activities. The question remains: What budget is necessary to lead a comfortable life in Spain? Is it genuinely a costly affair for expatriates?

Monthly Cost of Living in Spain

Sample Monthly budgets for living in Spain as a family of four, excluding rent, amount to around €2,375.1 (₹21,5096.18). For a single person, the estimated monthly expenses, excluding rent, come to about €675.8 (₹ 61,202.48). On average, the cost of living in Spain is approximately 35.0% less than in the United States. Additionally, rent expenses in Spain are typically 57.5% lower compared to the United States.

Housing in Spain

Finding affordable places to live is crucial for students and their families when relocating to a different country. However, it can present various difficulties. In Spain, universities often provide housing options for students upon enrollment. Among these options, residence halls stand out as the most economical and preferred choice. Below are various housing possibilities for students, catering to the living expenses of international students in Spain.

*Conversion is based on the Current Currency Conversion Rate ( 1 EUR = 90.56 INR)

Food in Spain

Many tend to overlook the day-to-day expenses of purchasing groceries or dining out, perceiving them as occasional and not impactful. An approximate calculation of monthly food expenses could total around EUR 150 or more, representing a substantial amount.

*Conversion is based on the Current Currency Conversion Rate ( 1 EUR = 90.56 INR)

Read More: What is a Forex Card and How Is It Useful When You Are Moving Abroad?

Transportation in Spain

Typically, transportation expenses in Spain are relatively inexpensive, averaging around €1.54 (₹139.47) per journey when utilizing public transit. International students can benefit from monthly passes, which offer substantial savings. Moreover, the Youth Travel Card extends notable discounts, contributing to making travel within Spain much more economical.

*Conversion is based on the Current Currency Conversion Rate ( 1 EUR = 90.56 INR)

Healthcare Expenses in Spain

On average, health insurance expenses usually range between €100 to €200 (equivalent to ₹9,056.30 to ₹18,112.60) monthly. Larger insurance companies may offer plans as affordable as €50 (approximately ₹4,528.15) per month.

Miscellaneous Expenses in Spain

In Spain, miscellaneous expenses like gym memberships, haircuts, movie tickets, dining out, and utilities vary widely based on factors such as location, establishment quality, and personal preferences.

*Conversion is based on the Current Currency Conversion Rate ( 1 EUR = 90.56 INR)

Tips To Reduce Cost Of Living In Spain For Indian Students

Adapting to a tighter budget is feasible for international students in Spain, with living expenses varying based on the chosen course and location.

• To save money, consider studying in more affordable cities among Spain's 76 universities and numerous language schools.
• Leveraging the allowance to work up to 20 hours per week on a Spain student visa not only provides income but also facilitates networking and a more comfortable lifestyle.
• Seek scholarships tailored to your eligibility criteria to alleviate high living costs, especially for students from countries like India, covering not only tuition but also living expenses.
• Opt for cost-effective approaches such as purchasing second-hand furniture, books, and clothing, which can be resold after studies, significantly reducing expenses.
• On the whole, the monthly cost of living in Spain is approximately 20% lower compared to other European countries.

GetGIS: Your Expert Guide for Effortless Immigration to Spain!

Choosing a specialized immigration consultancy such as GetGIS for your study abroad plans is a wise decision for a smooth and prosperous journey. GetGIS provides professional guidance, simplifies the application process, and provides valuable knowledge to help you navigate the complexities of studying overseas.

Useful Links: For Further Information:

• How To Study Abroad Without IELTS for Indians
• Benefits of Using Forex Card for Students, Jobseekers & Travelers