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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.
Recent Comparisons. 1  Cost of living in London is 250% more expensive than in ChiÅinÄu. 2  Cost of living in Morelia is 61% cheaper than in Portland. 3  Cost of living in Tokyo is 26% more expensive than in Atlanta. 4  Cost of living in Madrid is 5% cheaper than in Barcelona. 5  Cost of living in Melbourne is 9% cheaper than in Sydney.