Living in Marbella is the dream for many people. We will guide you through the cost of living in this beautiful area, compared with the national average of other European cities and locations.
We strongly believe that it is always useful to gain as much additional information about the area you are considering. Having those essential facts and figures at your fingertips will ensure your search for a new property goes smoothly, and you can settle into your new life as quickly as possible.
Marbella, situated on the Costa Del Sol, is the epitome of affluent glam. Famous for its glitzy parties, supercars, yachts, golf, celebrities, billionaires and footballers, not forgetting stunning beaches and breathtaking views.
|Gasoline (1 litre)||1,30 €|
|One way ticket (Local transportation)||1,20 €|
|Monthly pass (30 days)||36,37 €|
|Taxi (Minimum price)||4,65 €|
When deciding whether you can afford to live in Marbella, you will need to factor in various things, including day to day living expenses.
Make a list of information on transportation, health care, groceries, utilities, monthly rent or mortgage, community charges. Everything will depend upon whether you are retired, working, have a family and, of course, your lifestyle; going out for meals, playing golf, cinemas, bars and nightclubs.
Is Marbella expensive?
When weighing up the cost of living on the Costa del Sol compared to the UK, it is necessary to consider the whole of the UK where prices fluctuate substantially from region to region. Much like Marbella, you could compare it to, say, the South of England, where beaches are beautiful, and house prices are high, very much like the Marbella in Southern Spain.
For example, city living in Bournemouth in the South of England the average rent for a one-bedroom apartment in the city centre will set you back roughly £710 per month, whereas a similarly sized apartment in Marbella city centre will cost approximately £717.
|Compare||Marbella, Spain||London, Uk|
|Beer (Supermarket)||0,95 €||£ 1,50|
|Regular coffe||1,60 €||£ 2,50|
|A meal for one person||12 €||£ 15|
|A package of cigarettes||5 €||£ 12|
|Gym membership for one person (Monthly)||45 €||£ 55|
|Cinema (1 seat)||8 €||£ 7|
The price to purchase a property per square metre is similar also. Outside the town centre, Marbella comes in cheaper than Bournemouth, with an average monthly rent of £578 compared to Bournemouth’s £631, again the price per square meter are more reasonable to buy outside the town centre in Marbella, on average £2519.81 as opposed to Bournemouth’s £2,825.00.
When we look at the average prices of eating out in the UK compared to eating out Marbella, there is not a huge difference. Everything is relative. Price ranges depend upon where you go to have morning coffee, expect to pay approximately £2 for a regular cappuccino in Marbella. In contrast, in the UK the price is higher at about £2.75.
Andalucía, and particularly Marbella, is full of top-quality restaurants. When we compare these with the UK, a meal in a one Michelin star restaurant in Marbella costs between €65 – €85 whereas a meal at a one Michelin star restaurant in the UK will set you back between £79 – £99.
Finding out where the locals eat will give you a heads up on the best food for the best price and quickly help you make new friends and become part of this lovely Spanish community.
Shopping at the local Spanish market, you can expect to pay almost half the UK price per kilo for tomatoes, oranges, lemons and apples, all from Andalucía and of course tasting doubly better!
|Bottle of wine||3 €||3€|
|Cappuccino||1,50 €||2 €|
|Milk (1 litre)||0,80 €||0,90 €|
|Bottle of water (1 litre)||1 €||1,20 €|
|A cocktail drink||12 €||12 €|
|Women’s haircut||25 €||35 €|
Spanish cities will always be more expensive than Marbella. Compared to Barcelona the cost of living, without factoring in property costs such as rent or mortgage, Marbella is much cheaper, with the average living cost for a family of four coming in at roughly €1,972.95 in contrast with the cost of living in Barcelona at €2,249.15.
Talking of big cities, compared to London, the cost of living in Marbella is undoubtedly more affordable, with statistics showing groceries, restaurants and rent ranges coming in far lower. If we take utilities, for example, the average monthly utility bill in London is £176 compared to £99.51 in Marbella.
Also, the cost of transportation is far more affordable in Marbella with a one-way ticket costing £1.15 compared to £2.80 in London.
When considering education for your children, International Primary Schools also come in much cheaper at approximately £10,195.66 compared to London’s £18,145.45. With their award-winning education standards and numerous options, the International School’s in Marbella offer excellent value for money for families.
Of course, we need to consider the salary situation. London prices are high, but so is the average salary with the average salary in London at £2,800 per month compared to Marbella’s £1,254. However, for many people who can run a business anywhere in the world, work from a home office, or relocate their business to Spain, Marbella offers a beautiful standard of living at a reasonable cost.
Average Prices in Marbella, 2020
Marbella and the Golden Mile – names synonymous with luxury in Spain, where property usually demands high prices, for example in November 2020, the average price per square metre of a second-hand property stands at 2,482 euros.
|Basic: electricity and water||105 €|
|Rent per month||Average|
|Studio 40 m2||600 €|
|Apartment 90 m2 (2 rooms)||825 €|
|Apartment 120 m2 (3 rooms)||1200 €|
|Buy an apartment||Average|
|Price per square meter||3000 €|
On a price comparison for a property, Marbella is expensive, but don’t worry, there are options to suit nearly every budget.