Cost of living

Spending more time at home, forced by the COVID-19 pandemic, has opened the eyes of many residents in Spain who consequently want to improve the health, comfort and safety of their homes.

The British insurance company CIA Landlord has published a report where it analyses the best cities for teleworking for the British, and Spain's capital, Madrid, leads the ranking.

The expat community in Spain is made up of 5.6 million foreign residents, according to the latest figures from the Spanish government.

The consulting firm Mercer has published a new edition of its famous ranking on the cost of living in the main cities of the world for expats. As usual, Hong Kong leads the list of the most expensive cities, although there are some changes in the top positions compared to previous editions.

The Spanish Government has recently approved a guaranteed minimum income scheme (“ingreso mínimo vital”) set to help 850,000 of Spain’s most vulnerable families amounting to around 4.89% of the population.

The obligation to remain confined to our homes since 15th March due to the state of alarm decreed by the Spanish Government has altered all of our daily habits, including consumption at home. This is not only due to a potentially longer shopping list, but also because of energy consumption at home.

The InterNations website, a website which helps people to connect with fellow expats, has published 'The 30 best cities to move to in 2020', according to a survey of 20,000 expats, foreigners living and working outside their home country.

Imagine you could get paid just for choosing to live in a certain town or village.

The quality of life in a city is measured not only by average wages, household savings capacity or rental prices, but also by the expenditure made by tourists. For Deutsche Bank, Milan, Copenhagen, Zurich and Madrid are the most expensive cities for a weekend getaway.

All homes need to make use of electricity and therefore have to contract their supply. However, not all homes have the same consumption habits and needs may vary depending on several factors.

The price of electricity seems to go up every year, with consumers struggling to save a few pennies to pay their more expensive electricity bills.

The heat makes the thermometers go up, and our electricity bills too. In the next couple of months, we’ll be seeing the highest temperatures of the year, which will cause the electricity consumption of households all over Spain to skyrocket by more than 20%.