What is the Real Cost of Living in MALAGA, Spain in 2023?

Welcome to Malaga, a vibrant city on the stunning Costa del Sol! As of 2023, the cost of living in Malaga continues to offer a pleasant surprise to residents and visitors alike. While it’s important to keep in mind that costs can vary depending on personal preferences and lifestyle choices, overall, Malaga remains an affordable destination compared to other major cities in Europe.

We have compiled a list of realistic living costs in Malaga, Spain. We have divided it in SIX different areas: 

ACCOMODATION, TRANSPORTATION, FOOD, LEISURE, UTILITIES and HEALTH CARE

ACCOMODATION Costs in Malaga

Accommodation in Malaga is reasonably priced, whether you choose to rent or buy. Rental prices for apartments in the city center range from €800 to €1,500 per month, depending on the size and location. This would depend on the size and condition of the appartment, but for a three-bedroom with balcony, you can expect to pay around that range. 

If you prefer living in the outskirts or surrounding towns, you may find even more affordable options. For those looking to purchase property, the real estate market in Malaga offers a range of choices to suit different budgets.

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TRANSPORTATION Costs in Malaga

Transportation costs in Malaga are relatively low, making it convenient to get around the city. The public transportation system, consisting of buses and trains, is efficient and cost-effective. A single bus or train ticket typically costs around €1.30, and monthly passes are available for approximately €19,90.

A regular taxi fare in Malaga would cost around €7 to €8, for a 15-minute drive. Also, one liter of petrol would range between €1,50 to €1,75 depending on the location of the petrol station. 

Additionally, Malaga encourages cycling with its bike-friendly infrastructure, providing an eco-friendly and economical means of transportation. options. 

Get around in Malaga by bus

FOOD and DINING out Costs in Malaga

When it comes to grocery shopping, Malaga offers a wide range of options to suit different budgets and tastes. Local markets, such as Atarazanas Market, provide fresh produce, seafood, and other culinary delights at reasonable prices. 

Supermarkets and grocery stores are also available throughout the city, offering a variety of products at competitive rates. You could normally spend around 70€/week for one person and get a wide range of products, including meat, seafood, fish, fresh fruits, vegetables and other staples. For a couple, this could increase to about €100/week, and for a family of four, to about €140/week.

Dining out in Malaga can be both affordable and enjoyable. From traditional tapas bars to international cuisine, there are plenty of options to satisfy your cravings. A typical meal for one person at a mid-range restaurant costs around €10 to €20, while a three-course meal for two at a nice restaurant can range from €40 to €60, excluding drinks.

Malaga eating out
LEISURE Activity Costs in Malaga

Malaga offers a vibrant cultural scene with numerous entertainment options. Museums, galleries, and cultural events are accessible to everyone, often with affordable or even free admission. Enjoying a movie at the cinema costs approximately €8 to €10, and attending a theater performance or concert can range from €15 to €50, depending on the venue and show. 

Malaga Leisure
UTILITY Costs in Malaga

Utility costs in Malaga, including electricity, water, and heating, are generally reasonable. For an average-sized apartment, monthly utility bills typically amount to around €100 to €150, depending on usage and the time of year. Internet services are widely available, and the cost for a basic package is approximately €30 to €40 per month.

HEALTH CARE Costs in Malaga

Malaga’s healthcare system is highly regarded, offering quality medical services. Public healthcare is available to residents and can be accessed through the Spanish National Health Service (SNS). Additionally, private healthcare options are available for those who prefer more personalized care. It’s important to note that private health insurance can vary in cost depending on coverage and individual needs.

Overall, the cost of living in Malaga in 2023 remains relatively affordable, making it an attractive destination for both locals and expatriates. With its pleasant climate, cultural richness, and affordable lifestyle, Malaga continues to be a city that offers a high quality of life without breaking the bank.

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