The price of housing in Spain has been increasing over time, reaching levels unimaginable years ago. One of the reasons is the increase in population in major cities such as Madrid or Barcelona, where there is more work and a greater lifestyle. On the other hand, in smaller cities or rural areas, prices are usually lower.
Another reason is salaries and purchasing power, in a city like Madrid they do not charge the same as in a town. But, which is the most expensive city in Spain to live in? The answer is San Sebastian. The coastal city has an average cost of 33.44% higher than the national average. Living there alone costs approximately a total of 2,050 euros, taking into account the prices of housing, transportation, food and leisure.
Despite this, the city of San Sebastián has a high average salary, about 1,860 euros per month, so it has a good purchasing power. The average price of homes for sale in San Sebastián in December 2023 is 5,365 euros/m2; while the average rent is 16.8 euros/m2, according to the Idealista real estate portal.
The most expensive cities to live in
From the Idealista portal they have prepared a classification in which they detail which are the most expensive cities to live in, taking into account the cost of living, the monthly costs for a person or a family, the average rental price, and the average price of homes for sale and rent.
Ranking of the most expensive cities to live in Spain:
2024-02-05 07:41:46
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