✦ Cost of living
Spain
National taxes, visas and economy — plus every city we track in Spain.
The cost of living in Spain averages 102 on our index (a typical US city = 100) — about 2% more expensive. Among the cities we track, Valencia is the most affordable and Sitges the priciest. A one-bedroom rent runs roughly $1,238/mo and the top income-tax rate is 47%. The average net salary is about $1,900/mo.
- Currency
- Euro (€ EUR)
- Languages
- Spanish
- Capital
- Madrid
- Driving
- Right-hand side
- Power
- F · 230V
▤ Taxes
47%
Income tax
progressive
21%
VAT / sales
25%
Corporate
28%
Capital gains
$1,900
Avg net salary
per month
$57,779
Avg annual wage
per year · OECD (PPP)
$1,652
Minimum wage
per month · Eurostat 2026
83.9 yr
Life expectancy
World Bank 2024
✈ Visas & residency
Digital Nomad Visa and non-lucrative visa are popular expat routes.
✈ Schengen 90/180 for many passports.
Remote income + Beckham-law tax option.
Proof of passive income.
❖ Cities in Spain
⚖ Compare Spain with other countries
▸ Recommended reading & gear
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