POLL: How much money would a retired couple need to live in Spain now?
Wednesday, April 1, 2015
This question has been answered many times over the past years, but who better to ask than the people living here now to get an up-to-date reference. Spain has changed considerably and many people are looking again at moving to Spain and the cost of living is the key factor in the decision making for retirement abroad. Prices have risen and fallen and crashed and risen again. So if we consider a simple life of eating out now and again, traveling around from time to time, nothing extravagant but not the life of a hermit either, just how much money (after tax) would you need to be comfortable, and not have to worry about reaching the end of the month?
Let's establish a property rental price of €500/month (community fees included), which is a fair budget to find a lovely apartment pretty much anywhere along the coast.
Here are some other costs that should also be taken into consideration when choosing the budget range:
Food Shopping
Petrol
Bar / Restaurant
Water / Gas / Electricity
Insurance
Internet
Telephone/mobile
Car Tax
Car Insurance
Car Repairs
Dentist
Satellite / cable TV
Clothes
Holidays
Rubbish tax
Please cast your vote and feel free to leave a comment :
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Published at 2:22 PM Comments (21)