Cost of Living

GoinGlobal’s career experts regularly update details about inflation, purchasing power, and costs of goods and services. Below is a brief excerpt from this section:  

Spain's cost of living has fluctuated considerably in recent terms. Basic costs have increased causing the national inflation rate to hit some of its highest levels in over a decade. In general, food, home goods and the price of energy, particularly electricity, have increased in the latest quarters. Real estate prices continue to rise and, on average, housing in the country is 4% more expensive than one year ago. On the other hand, electronics, entertainment and tourism services are among the costs that have decreased the most since the beginning of the pandemic.

Although the general cost of living is in flux today, the country typically ranks among Western Europe’s least expensive countries for newcomers. For several consecutive years, in fact, Forbes has included the country and many of its towns among the world’s best places to live due to its high living standards and affordable costs. Although the COVID-19 pandemic devastated Spain with high infection rates during the first waves of the epidemic, experts predict that the country will reemerge as one of the top destinations for foreign nationals.

This is just a brief sample of the extensive information in the GoinGlobal Spain Career Guide.

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