Written by Kittenproperties
16.06.2023
There's no doubt that living abroad has become an appealing prospect for many, and Alicante, Spain is a location that consistently ranks high on the list of ideal places to settle. It's not just the idyllic weather, stunning beaches, or the rich culture that draws people in. The cost of living, too, plays a significant role in making Alicante an attractive choice. This comprehensive guide is your one-stop resource for understanding the various elements that contribute to the cost of living in this charming city.
Alicante provides a wide range of renting options, suitable for different budgets. A one-bedroom city-centre apartment typically costs around €600 to €800 per month, while the same property outside the city center would be approximately €400 to €600.
If you're looking to invest in property, Alicante offers excellent value. The average price per square meter in the city centre is around €2,000. Outside the city centre, it drops to about €1,500 per square meter. It's worth mentioning that these prices can vary widely depending on location, type of property, and other factors.
Grocery prices in Alicante are relatively affordable. A liter of milk costs around €0.85, a loaf of bread is about €1.10, and a dozen eggs will set you back approximately €1.50. Dining out, on the other hand, will cost around €10 for a budget meal and up to €30 for a three-course meal in a mid-range restaurant.
The average monthly utility bill (including electricity, heating, cooling, water, and garbage) for a standard 85m2 apartment is between €100 and €150.
Spain's healthcare system ranks as one of the best in the world, providing high-quality services at affordable rates. A standard doctor's appointment costs around €25, while private health insurance plans range from €20 to €40 per month, depending on the coverage.
Public transportation in Alicante is well-organized and reasonably priced. A one-way ticket on local transport costs around €1.50, while a monthly pass costs around €30.
If you're considering buying a car, the average price of a new compact vehicle is around €20,000. Petrol costs are about €1.50 per liter.
Maintaining a healthy lifestyle in Alicante is quite affordable. A monthly membership at a fitness club costs around €40, while a one-hour massage at a wellness center averages €50.
From stunning beaches to historical landmarks, Alicante offers a wealth of free entertainment. However, for paid attractions, a cinema ticket costs around €8, while a ticket to a theater or a concert ranges from €20 to €60, depending on the event.
Alicante is home to several high-quality international schools. Tuition fees vary widely, but you can expect to pay between €5,000 to €10,000 per year, per child.
Understanding the tax scenario is crucial while considering relocating to a new city. In Alicante, the tax system is progressive, with tax rates ranging from 14.5% to 48%, depending on your income. The VAT, known as IVA in Spain, stands at 23%, which is included in the price of goods and services.
Internet access is generally affordable in Alicante. The average monthly cost for a broadband Internet connection is around €30 to €40.
As for mobile services, you can expect to pay around €20 for a comprehensive plan with unlimited calls and a generous data limit.
Alicante offers a mix of both international and local brands. The average price for a pair of jeans is about €70, while a summer dress from a chain store like Zara or H&M would cost around €30. A pair of good quality running shoes can be purchased for approximately €80.
If you require domestic help, a part-time maid would cost around €10 per hour.
For home repair and maintenance services, rates can vary based on the specific service. However, expect to pay around €20-€25 per hour for a professional handyman.
Personal care items such as shampoo, toothpaste, and soap can cost around €2 to €4 each.
A standard men’s haircut in the city center can cost around €15, while a women’s haircut and styling could cost upwards of €30.
If you're a pet owner, it's crucial to consider the costs related to their upkeep. Veterinary consultations can cost around €30 to €50.
When it comes to pet food, prices can vary depending on the brand. On average, pet food ranges from €1 to €3 per kilogram.
To put the cost of living into perspective, the average monthly net salary (after tax) in Alicante is approximately €1,200 to €1,500.
The cost of living in Alicante is reasonably lower than in many other European cities, making it a desirable place for both professionals and retirees.
Alicante, with its vibrant lifestyle, charming locales, and affordable living, truly offers a high standard of living. While the cost of living varies based on individual lifestyles and choices, this guide provides an indicative range for those considering a move to this captivating Spanish city.While moving to a new country or city can seem overwhelming, having a comprehensive understanding of the cost of living can make the process less daunting. Alicante, with its reasonable cost of living, coupled with its natural beauty and rich cultural heritage, continues to be a top choice for expats around the world.
A one-bedroom apartment in Alicante's city centre typically costs between €600 to €800 per month.
The average utility bill in Alicante, for a standard 85m2 apartment, is between €100 and €150 per month.
A three-course meal in a mid-range restaurant in Alicante will cost around €30.
A one-way ticket on local public transport in Alicante costs around €1.50, and a monthly pass costs approximately €30.
The cost of a monthly membership at a fitness club in Alicante is about €40.
The average monthly cost for broadband Internet is around €30 to €40, and a comprehensive mobile plan costs approximately €20.
The average price for a pair of jeans is about €70, a summer dress from a chain store is around €30, and running shoes can be purchased for approximately €80.
A part-time maid would cost around €10 per hour in Alicante.
Personal care items such as shampoo, toothpaste, and soap can cost around €2 to €4 each. Haircut services range from €15 for men to upwards of €30 for women.
The average monthly net salary in Alicante varies depending on the profession and level of experience.
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