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Cost of living in Spain is low, even in the cities. Leaving aside rent or mortgage paymentsâand depending on your lifestyleâa couple could easily live on $18,000 to $22,000 per year and still eat out regularly. Once you know where to go, a meal for two with wine or beer can cost as little as $22.
For the past two school years I lived in a small town (30,000 people) in AndalucÃ­a, and Iâm currently living in a medium-sized town (50,000 people) in Extremadura. Though technically Extremadura isnât southern Spain, itâs only about an hour north of AndalucÃ­a and the cost of living is very similar. The average monthly cost of living in a piso is 250-300â¬. Thatâs the cost of the whole apartmentâ¦ not just for a room in a shared apartment.