Cost of living
#1
Forum Regular
Thread Starter
Joined: Apr 2017
Posts: 77
Cost of living
Hi all. My wife and I would expect to have a joint income of about 20,000 euros ( at todays exchange rates) that would have to pay income tax, rent and everything else. Is that likely to be sufficient without having to struggle. I won't be running a car.
Thanks Bryan
Thanks Bryan
#2
BE Enthusiast
Joined: May 2006
Posts: 373
Re: Cost of living
All depends how long you expect it to last?
#3
Forum Regular
Thread Starter
Joined: Apr 2017
Posts: 77
Re: Cost of living
That's 20,000 euros per year.
#4
Re: Cost of living
Rent where I live, for a two bedroom apartment is around €500 per calendar month (small villa/bungalow slightly more ) Our electricity is around €35 per month. Water is in with our rent. Add on your social costs ie food and eating out, beer,wine etc. Bus /taxi fares. Ciggies if you smoke etc, etc.
You might also have some medication to pay for.
Steve
#5
Re: Cost of living
You will probably want to wait until the Brexit/ NHS coverage for expats in Spain issue is finalized before making firm plans.
#6
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Joined: May 2006
Posts: 373
Re: Cost of living
Should be plenty for most, but others will say not nearly enough, all depends on your lifestyle, most of the best things to enjoy in Spain IMO are free or cost very little. The weather, sun, views, sea, mountains, wildlife, wonderful walks, fresh air, company, easy laid back way of life, fresh healthy foods that can create wonderful tasty meals, reasonable bus fares/transport, great markets and fiestas. A little goes a long way.
#7
Re: Cost of living
Should be plenty for most, but others will say not nearly enough, all depends on your lifestyle, most of the best things to enjoy in Spain IMO are free or cost very little. The weather, sun, views, sea, mountains, wildlife, wonderful walks, fresh air, company, easy laid back way of life, fresh healthy foods that can create wonderful tasty meals, reasonable bus fares/transport, great markets and fiestas. A little goes a long way.
#8
Forum Regular
Thread Starter
Joined: Apr 2017
Posts: 77
Re: Cost of living
I assume it would be better if my wife and I were taxed separately. In which case my wife would not pay any tax. I would be taxed approx 2500 euros I expect on my income. All our income comes from pensions including a small NHS pension.
Thanks
Bryan
Thanks
Bryan
#10
Forum Regular
Thread Starter
Joined: Apr 2017
Posts: 77
Re: Cost of living
Thanks to all who have replied.
Bryan
Bryan