Monday, April 19

What is cheaper about moving to Spain than to other countries?


In general, we found that everyday items, such as shopping and transportation, were cheaper in Spain, as were more luxurious items such as alcohol, tobacco, and clothing.

Clothing

If you love fashion, you’re in luck because Spain is the cheapest eurozone country for clothes, according to a Eurostat report. The clothes were found to be around eight per cent cheaper than the EU average. In terms of the entire EU, only Hungary, Romania and Bulgaria had cheaper clothes than Spain.

Shoes and other types of footwear, for which Spain is well known, are not as cheap as clothing, but are still 3.2 percent below the EU average.

The United Kingdom, which had a clothing price similar to Spain in 2017, has increased its prices in recent years.

Alcohol

Data from the World Bank’s International Comparison Program show that Spain is one of the cheapest countries in the world in terms of alcohol. Spain ranks 150th out of 167 countries. In terms of other large wine producing countries like Spain, Italy was ranked 125th on the list and France 132nd. Spain was found to have alcohol prices 14.6 percent cheaper than the EU average. The price of alcohol was found to have dropped further due to the economic crisis caused by the pandemic.

The low prices of alcoholic beverages in Spain could be due in part to the fact that it has the highest number of bars per inhabitant in Europe with one bar for every 175 people or to its wide range of wines and beers produced in the country. It is very common to be able to buy a bottle of wine in the supermarket for around € 2 € 3.

Tobacco

Like alcohol, Eurostat found that tobacco was also relatively cheap in Spain. Spain was listed as the seventh country with the cheapest tobacco in the euro zone with a price equivalent to 83 percent of the EU average. Within Europe, the UK was found to have the highest tobacco prices, followed by Ireland and then France. The average price of a pack of tobacco in Spain is around € 4.50.

Groceries

According to a report published by Eurostat, buying food in Spain turned out to be five percent cheaper than the EU average. This is 15 percent cheaper than France and 11 percent cheaper than Italy, which turned out to be two of the most expensive countries to buy food in the EU. Things like meat, milk, cheese and eggs were cheaper in Spain than in other EU countries, but surprisingly bread and cereals were a bit more expensive. Spain compares favorably with other Mediterranean countries such as Greece and Portugal and was also found to be cheaper on food than the UK, whose prices were six percent above the EU average.

Transport

The Association of Urban Collective Transport Management Companies (ATUC) revealed that using public transport in Spain is 30 percent cheaper than in other European capitals. He also discovered that on average a transport ticket costs € 1.50 in Spanish cities such as Madrid, Barcelona or Bilbao, while in other large European cities a ticket costs just over € 2.

And it’s not just for a one-way ticket. In Madrid it was revealed that you pay 26 percent less for a monthly travel card than in other European capitals.

ALSO READ: Moving to Spain: What is more expensive than in other countries?




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