What is the Real Cost of Living in MARBELLA, Spain in 2024?
If you’re considering relocating to Marbella, Spain, it’s essential to have a clear understanding of the cost of living in this glamorous coastal city. Known for its luxurious lifestyle and stunning Mediterranean backdrop, Marbella offers a high standard of living, but it’s important to weigh it against your budget and financial considerations.
We have compiled a list of realistic living costs in Marbella, Spain. We have divided it in FIVE different areas:
ACCOMODATION, FOOD, TRANSPORTATION, UTILITIES and HEALTH CARE
ACCOMODATION Costs in Marbella
Housing is the most significant expense in Marbella, particularly in desirable areas such as Puerto Banus, Golden Mile, and Nueva Andalucia. Rental prices for apartments or villas can vary greatly depending on the location, size, and amenities. Here, you can expect to pay anywhere around €2500/Month for an appartment, and up to €10.000/Month for a luxurious villa
Moreover, in these exclusive neighborhoods, you can expect higher rental costs compared to other parts of the city.
However, there are also more affordable options available in surrounding areas and residential developments, making it possible to find suitable accommodation within different price ranges. In a surrounding area, you would probably be expecting to pay around €1200 to €1800/Month.
Accomodation, whether renting or purchasing a home, is definitely the highest cost of living in Marbella.
TRANSPORTATION Costs in Marbella
Transportation costs in Marbella are generally manageable. Public transportation, such as buses, provide affordable options for getting around the city and neighboring towns. A single pass can cost around €1.20, and monthly passes are available for around €29,90.
Moreover, taxis are also available, but they can be relatively more expensive. For instance, a regular taxi fare in Marbella would cost around €13 to €15, for a 15-minute drive.
However, if you prefer to have your own vehicle, it’s important to factor in costs such as car insurance, fuel, and parking fees, which in Marbella tend to be slightly higher than in Malaga.
FOOD and DINING out Costs in Marbella
When it comes to daily expenses, Marbella offers a range of options to suit various budgets. Grocery shopping at local markets and supermarkets can be affordable, especially if you choose local products and avoid imported or gourmet items.
For instance, you could normally spend around 80€/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 €120/week, and for a family of four, to about €170/week.
Dining out in Marbella can range from budget-friendly tapas bars and casual restaurants to upscale establishments. A typical meal for one person at a mid-range restaurant costs around €15 to €25. On the contrary, high-end dining experiences can be more expensive and can easily reach around €80 to €120, excluding drinks.
UTILITY Costs in Marbella
Utilities including electricity, water, and internet services are reasonably priced in Marbella. You can expect to pay around €200/Month for these costs.
However, it’s important to be mindful of energy consumption during the hot summer months when air conditioning usage can significantly impact your electricity bill.
Further, many rental properties include community fees, which cover maintenance costs for shared facilities like swimming pools, gardens, and security. These fees can also increase your cost of living in Marbella.
HEALTH CARE Costs in Marbella
Healthcare costs in Marbella are generally lower compared to other Western European countries.
Further, Spain has a well-regarded public healthcare system, and as a resident, you may be eligible to access it.Additionally, Private healthcare is also available, offering additional services and shorter waiting times, but it comes at a higher cost.
All in all, the cost of living for health-related expenses, is way beyond countries such as the US and England.
It’s crucial to create a comprehensive budget that aligns with your specific needs and lifestyle preferences before making the move to Marbella. Taking into account factors such as housing, transportation, food, healthcare, and entertainment will help you make informed decisions and ensure a comfortable and enjoyable living experience in this vibrant coastal city.