Cost of Living in Benidorm, Spain
Last updated on Jun 03, 2024
Summary: What is the cost of living in Benidorm, Spain? Hear what expats, digital nomads and retirees living in Benidorm have to say about the cost of housing, health insurance and general living costs.
Is the cost of living in Benidorm high?
We asked people how much they someone comfortably live on in Benidorm, they wrote:
"The cost of living in Benidorm is considered to be relatively affordable compared to other parts of Spain. Rent for a one-bedroom apartment in the city center is moderately priced, while outside the city center it is significantly cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite reasonable. Groceries in Benidorm are also affordable, with local markets offering fresh produce, meat, and dairy at competitive prices. Eating out in Benidorm can vary, with inexpensive restaurants offering meals at a lower cost, while mid-range to high-end restaurants can be more expensive. Public transportation in Benidorm is also reasonably priced, with monthly passes available for regular commuters. Alternatively, owning and maintaining a car can be more costly, with gasoline prices being higher than in some other countries. Healthcare in Benidorm is of a high standard and is relatively affordable, especially for residents who are covered by the Spanish public healthcare system. Private health insurance is also available at varying costs. Overall, the cost of living in Benidorm is considered to be lower than in major cities such as Madrid or Barcelona, making it an attractive option for those looking for a more affordable lifestyle in Spain," said one expat in Benidorm.
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With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
Click connect to have our partner contact you via e-mail and/or phone.
With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
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Click connect to have our partner contact you via e-mail and/or phone.
Will I save money living in Benidorm?
"The cost of living in Benidorm is generally lower than in many parts of the United States. This is particularly true when it comes to housing and healthcare, which are significantly cheaper in Benidorm. Groceries and dining out can also be less expensive in Spain, depending on where you're comparing it to in the U.S. However, it's important to note that salaries in Spain are also generally lower than in the U.S., so while your expenses may be lower, your income might be as well. Additionally, the cost of living can vary greatly depending on your lifestyle and spending habits," said one expat in Benidorm.
What is the average cost of housing in Benidorm?
If you are thinking about moving to Benidorm, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Benidorm can vary greatly depending on the location and size of the property. For instance, a one-bedroom apartment in the city center may cost around €150,000 to €200,000, while a similar property outside the city center may be priced at around €100,000 to €150,000. Larger properties such as three-bedroom houses can range from €250,000 to €400,000. However, these prices can fluctuate based on the current real estate market conditions," remarked one expat in Benidorm.
With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
Click connect to have our partner contact you via e-mail and/or phone.
With over 40 years of professional experience, Balcells Group provides legal advice on immigration, business, real estate, and tax. They help individuals, companies, investors, students, entrepreneurs, highly-qualified professionals, digital nomads, and more, to enjoy successful law processes in Spain by guiding their clients every step of the way. They speak Spanish, English, Catalan and Russian.
Click connect to have our partner contact you via e-mail and/or phone.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Additional Information:
- Expat Guide to Benidorm
- 7 Tips for Living in Benidorm
- Pros & Cons of Living in Benidorm
- Driving in Benidorm
- Health Care in Benidorm
- Discovering the Best of Benidorm
- Cost of Living in Benidorm
- Healthcare & Health Insurance in Spain
- Best Places to Live in Spain
- Real Estate in Spain
- 10 Best Places for Families to Live in Spain
- Pros and Cons of Living in Spain 2024
- 2024 Guide to Moving to Spain