We lived along the beautiful southern coast of Spain from August 2012, with a trip to Asia in the mix too. In Spain, we live in a small town named Almuñécar and we use this as our home base to explore more of Europe as well. We kept track of every expenditure along the way the first couple of year and have shared our cost of living in Spain with you. This page is a compilation of our expenses in Spain and how much it really costs for our family of 4 to live in Spain. We have more recent updates included too.
Keeping dates in mind.
Update: March 2019 – Keep in mind these expenses were for the full year of 2013. At the time the exchange rate average was 1 Euro to $1.38 USD. As of March 2019 the exchange rate average was 1 Euro to $1.12 USD. What does that mean? Our spend in euros remains about the same after nearly 7 years, but the exchange rate fluctuates.
In 2013 1000 Euros = $1380 USD and in 2019 1000 Euros = $1120, so just from the change in exchange rate alone, it is a $260 USD savings per 1000 Euros spent! Bottom line = It is currently cheaper for you to Live in Spain or your $ will go a lot further than it used to.
Of course, as with any budget, expense or cost of living in Spain post, it will vary depending on location, family size, and your lifestyle choices. We do not promise you will find the same experience, but we think what we did is very possible for many. Of course, that may mean giving up a clothes dryer, dishwasher, and some modern conveniences as well, but it is all possible with budgets. Our budget is about $100 per day for a family of 4 (about $3000 a month). This is our budget if we are in a home base and the cost of living in Spain or traveling the world.
Do you want to know how much our cost of living in Spain was?
We share our budget details with you and will publish a quarterly update with actual vs planned as well. Update March 2019 Yes, after over 6 years we are still working from the same budget. Sometimes we choose to splurge a little more, but usually, we don’t really need to track the costs of living in Spain, as we just automatically do it now.
Please feel free to review our info on the cost of living in Spain posts below. Feel free to ask us questions and make comments.
Costs Living In Spain
- Check out our Budget in Spain & Reality for our first 4 months. A little higher on costs for getting settled.
- Things were on the right track for months 5-7 living in Spain.
- Cost of Living in Spain Budget – Actual Spend (Months 8,9 &10)
- Way Over the Monthly Budget! – Actual Spend (Months 11,12 &13)
- Our Budget And Actual Spend (Months 14,15 &16) – Living In Spain
- How Much Did It Costs Living In Spain For 1 Year? (2013)
- Our Budget and Actual Spend (January – March 2014) – 3 Months Living In Spain
- Costs – 1 European Road Trip & 2 Months In Thailand
- Comparison of USA and Spain Cost Of Living (Show me the money $)
We hope all of this helps you in some way to plan your time in Spain. You will make different choices than we did, but this is only meant as a guide. Just one data point from one family, whom you may have something or nothing in common with. I wouldn’t say one more or one less person would change your costs of living in Spain dramatically. If you are just a couple or family of 8, you know your spending habits. You can compare and make adjustments as needed.
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