Cost of living

President Pedro Sánchez of Spain has announced a state aid package valued at €10.6 billion for areas impacted by recent storms, known as "DANA" in Spanish. This support will be extended as further needs are identified. The package comprises direct aid along with tax and labour measures.

The percentage of household income needed to access a home grew to 23.1% for buying and up to 35.7% for renting during the last year, according to a study published by idealista based on Q2 2024 data. The lack of supply and the consequent increase in prices is why the rent burden has reached the maximum recommended by experts with an increase of four points in the last year.

The average gross salary in the Spanish economy gained 1.5% in purchasing power in 2023 after rising by 5.1% to an all-time high of €1,914 per month, according to a study by The Adecco Group Institute, the Adecco Group's research and dissemination centre.

Madrid and Barcelona are among the 30 most expensive European cities for expat professionals, as both cities have become more expensive for the second consecutive year in 2024, according to Mercer's annual ranking. Madrid and Barcelona ranked 30th and 25th in Europe, respectively, while globally th

Thinking of moving to Spain? If the coast isn't your thing and you're looking for city life, then Spain's capital city, Madrid, is an excellent option.

Given the difficulties finding stable and well-paid work, the high cost of housing, and the stress of living in the big city, more and more young (and not so young) people are considering leaving the big urban centres and making a radical change in their lives, moving to one of the many small villag

The Organisation for Economic Co-operation and Development (OECD) has revised its growth forecast for Spain upwards by one-tenth of a percentage point in 2024, which it now estimates at 1.5%, after the 2.5% growth in 2023, while it maintains expectations of a rebound in activity to 2% by 2025. The

The real per capita income of Spanish households recorded a decline of 2.09% in the third quarter of 2023 compared with the previous three months, a reading well below the 0.2% decrease for the Organisation for Economic Co-operation and Development (OECD) as a whole, positioning Spain at the head of

If you're thinking of moving to Spain and want to look for a job, knowing the average monthly salary in Spain is a good place to start. The average salary in Spain has set a record at €1,822 in 2022.

Spain is the second country in Europe where shopping basket spending increased the most in the first quarter of 2023, just behind Portugal, according to data from NIQ's 'Quarter by numbers' report for Western Europe. Specifically, sales in value in Spain during the first quarter grew by 11.2%, seco

The latest employment data published by the Spanish government seem to be a double-edged sword.

As long as the current economic situation persists and the Portuguese government continues with its zero VAT policy, it is expected that residents of Spanish border regions will continue to travel across the border to save money.

After over a year of negotiations, the Spanish government has finally approved its highly anticipated Family Law, known in Spain as the Ley de Familias, which includes provisions such as extended paid leave for caring for sick children and a new monthly child benefit of 100 euros.

Spaniards spent 12.4% more in February on their food shopping than a year earlier, with a 15.4% increase in average prices and a 2.6% drop in volume sales, offsetting the fall compared to January, according to data published by the consultancy firm NIQ. More specifically, for yet another month, foo

At the beginning of the year, the Spanish government introduced a new benefit for mothers of young children (aged 0 to 3), which amounts to 1,200 euros per year.

As with other products that have gone global, such as McDonald's Big Mac or Coca-Cola soft drinks, the price varies greatly depending on which country you are in. The map below shows a quick glance at the price of a Tall Latte, the star of the Seattle-based chain Starbucks.

In Spain, 40.9% of tenants are financially overexposed to rental costs, meaning that they spend more than 40% of their income on paying rent, according to Eurostat's 2021 data, included in the 2022 Housing and Land Observatory, prepared by the Ministry of Transport, Mobility and the Urban Agenda (Mi

Solar energy has experienced a boom in Spain in recent years, so much so that the government has been forced to regulate self-consumption grids.

The definition of a technical recession is when a country experiences a back-to-back decline for 2 consecutive quarters in the GDP, and BNP Paribas believes this will be the case in Spain in the coming quarters. The French bank BNP Paribas estimates growth for Spain of 4.3% in 2022 an

Nearly 7 out of 10 Spaniards say they are not prepared for a rise in energy and food prices as a result of the European Union's actions in response to Russia's military invasion of Ukraine. This is according to the European Parliament's Spring 2022 Eurobarometer, a proportion that shrinks to si

If you're planning on moving to Spain, how well off an area is may be something that could influence your search for somewhere to live. So, what is the wealthiest city in Spain? And where do the rich live in Spain?

Record inflation levels in Spain are resulting in many tenants having their monthly rent raised by landlords, not to mention the ongoing war in Ukraine which is having a further effect on the Spanish economy. The question is, can my landlord increase my rent due to rising inflation?

Inflation in Spain hit 7.6% Year-Over-Year during February. This is the highest figure in over 33 years and is a major source of concern. There are several factors behind this sharp rise.

With higher than ever electricity prices and with energy bills already on the rise throughout 2021, it doesn't look like things are going to get any easier on our pockets in 2022.

Article written by Juan Cabrerizo, SATE specialist and thermal insulation expert at Propamsa  The prices that electricity has reached in recent times have put many Spanish households on the ropes, as they have had to face record highs in their bills. In addition, forecasts indic