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Cost of Living in Valencia, Spain

Valencia is a city big enough to have all of the conveniences of any other metropolis, while preserving the charm of a small town.

Many people who decide to relocate to Valencia say that their main reason for choosing to live there is that living is easy, relaxed and that the city has to offer all kinds of possibilities.

The way people there live is attractive to newcomers and they are eager to adopt the slow pace of life.

Restaurants

RESTAURANTS

When we speak about the prices of eating out, it can be said that there are restaurants for everyone’s taste.

What is different is the quality of meals which affects the price, as well as the prominence of the restaurant.

The more tourists are there, the higher are the prices.

Markets

MARKETS

Tourism is a leading industry here and during the holiday season the food prices increase.

That is why it is advisable that you go around the shops and search those the offer lower prices, or buy products at discounted prices occasionally, so as to save some money on this major expense.

Transportation

TRANSPORTATION

If you are not fond of walking and you need to travel from one part of the city to another, it is advisable to make use of the extensive public transportation system, which is either reliable and inexpensive.

Those eager to drive should bear in mind the high gasoline prices.

Utilities

UTILITIES (MONTHLY)

The utilities costs in Valencia are pretty high and you will need to devote around $130 for some basic services.

The electricity costs might be higher in the summer, due to the air conditioner.

The Internet access costs are lower than in some other cities in Spain.

Sports and leisure

SPORTS & LEISURE

Doing sports is generally an expensive activity if you need to pay for fitness clubs or tennis courts.

However, Valencia is not too expensive city, as the prices can be taken as affordable to those who consider it worth spending money on that.

Clothing and shoes

CLOTHING & SHOES

There are lots of stores to shop in the city and the most of them offer designers clothing items which are pretty pricey here.

People who do not have to pay the rent would have enough money to cover the expenses and afford themselves some quality apparel.

Rent per month

RENT PER MONTH

Once you have visited Valencia, you may find yourself wanting to return there permanently, and that is when you will start thinking about the possible housing costs there.

It is great to know that rent prices are lower than in some other popular destinations in Spain, which makes Valencia even more attractive to future settlers.

Cost of Living Averages Table for Valencia

Average Restaurant Prices
Meal (Inexpensive Restaurant) $ 11.28
Domestic Beer (0.5 Liter) $ 2.26
Water (0.33 Liter) $ 1.14
Average Market Prices
Milk (1 Liter) $ 3.11
Loaf Bread (500g) $ 0.86
Eggs (12) $ 1.68
Average Transport Prices
One Way Ticket $ 1.69
Monthly Pass $ 45.12
Gasoline $ 5.43
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $ 134.61
1 min. of Prepaid Mobile Tariff Local $ 0.25
Internet (Unlimited Data, Cable/ADSL) $ 46.39
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $ 34.76
Tennis Court Rent (1 Hour) $ 13.44
Cinema, 1 Seat, International Release $ 9.02
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $ 79.40
1 Summer Dress in a Chain Store (Zara, etc...) $ 30.50
1 Pair of Adidas Walking Shoes (Mid-Range) $ 76.91
Average Rent Prices
Apartment (1 bedroom) in City Center $ 659.85
Apartment (1 bedroom) Outside of Center $ 448.62
Apartment (3 bedrooms) in City Center $ 1116.67

How Does the Average Person Spend Their Money in Valencia?

Getting acquainted with the possible living costs and spending habits of Valencia’s citizens, it can be helpful to anyone who is thinking of moving or settling in Valencia.

Being that the rent is not so expensive, it is not top expense here.

Tourists dictate the restaurant prices, so as to avoid getting the hole in your budget, it is advisable to stay away from touristic areas.

14%
29.6%
13%
8.9%
5.9%
3.4%
25.2%
Restaurants
Markets
Transportation
Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Valencia: Average Salary, Minimum Wage & Mortgages

Making a decent living in Spain might differ from your home country.

You should expect to earn between $1200 and $1700 each month which is estimated to be enough for a stable and modest living.

If you want to enjoy luxury, you will need to earn high above the average income.

When it comes to buying a property here, it is possible, due to the low mortgage interest rates.

Each day there you will discover why Valencia is among the most desirable places to move.

Average Salary$ 1459.95
Minimum Wage$ 1202.3
Mortgage Interest Rate2.43%

Cost of Living by City in Spain

*Click the name of the city for more information.

City Cost of Living Index
Alicante 53.9
Barcelona 62.15
Granada 50.41
Las Palmas de Gran Canaria 47.39
Madrid 60.12
Malaga 50.38
Palma de Mallorca 65.17
Santa Cruz de Tenerife 48.69
Seville (Sevilla) 54.7
Valencia 55.27
Zaragoza (Saragossa) 58

3 Comments

  1. Mateo

    This article has nailed it. I live in Valencia and yes, prices shoot up in summer for all the tourism. I buy food in bulk and look around for deals to avoid spending so much. Utilities are pretty expensive as stated, but you just have to budget properly. I’m happy here and have no plan to move.

    Reply
  2. Pablo D

    Valencia sounds very attractive to me. Madrid is where I am currently and rent is so expensive! I think I can save a lot of money by moving. I had a look already and there are lots of jobs in my line of work. Living by the coast sounds like a dream too, I think I can make this happen. Great breakdown of all the prices!

    Reply
  3. Haley

    I’m here right now on vacation! I found this article because I want to live here so bad. Staying in the El Coso hotel at the moment right next to the beach, a lovely place. I’ve been all over the city and it’s just so nice and vibrant compared to Glasgow. I have to look into this more, I really do want to stay!

    Reply

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