Whether you're planning to move permanently or spend part of the year in the sun, one of the key questions you're likely asking is, "Is it expensive to live in Marbella?" As one of Spain's most prestigious and popular destinations, Marbella has a reputation for luxury, which might suggest high living costs. However, the answer is more nuanced, depending on your lifestyle and choices. Let's delve into the specifics.
Housing Costs
The cost of housing in Marbella varies widely, depending on the location, size, and type of property. Luxury villas in sought-after areas such as Puerto Banus or the Golden Mile can be pricey, but more affordable options exist in other parts of Marbella and its outskirts. For example, as of 2023, monthly rental prices range from €800 for a one-bedroom apartment in the city to over €10,000 for a luxury villa.
Food and Groceries
When it comes to food and groceries, Marbella is generally more affordable compared to many other European destinations. The cost of groceries can be significantly lower than in the UK, the US, or Northern Europe. For example, a loaf of bread costs around €1, a liter of milk is approximately €0.9, and a dozen eggs is about €1.6.
Eating out can be as affordable or as extravagant as you want it to be. You can enjoy a meal at a modest restaurant for €10-€15 per person, while a three-course dinner at a mid-range restaurant would be around €30-€50 per person. Of course, high-end dining options can be significantly more.
Utility Costs
Utility costs are relatively moderate in Marbella. For a 85m2 apartment, monthly utilities including electricity, heating, cooling, water, and garbage cost around €100-€150. Internet costs an additional €30-€50 per month.
Transportation
Public transportation is affordable in Marbella, with a one-way local bus ticket costing around €1.4. Taxi fares start at €3.5, plus €1 per kilometer. If you plan on driving, fuel costs are slightly higher than in some other European countries, with a liter of gasoline costing approximately €1.4.
Healthcare
Spain has one of the best healthcare systems in the world, and Marbella is home to several excellent healthcare facilities. While healthcare is not free for non-residents, the costs are generally reasonable compared to other countries. Many expats opt for private health insurance, which costs around €50-€200 per month, depending on the coverage.
Conclusion
So, is it expensive to live in Marbella? The answer depends on your lifestyle, preferences, and the choices you make. While certain aspects of living in Marbella, like luxury housing and high-end dining, can be costly, other elements like groceries, utilities, and healthcare can be surprisingly affordable.
Ultimately, Marbella offers a range of options to suit different budgets, making it possible for a broad range of people to enjoy the exceptional lifestyle it offers. With its beautiful climate, stunning beaches, rich culture, and high quality of life, many find that Marbella offers excellent value for money.
Remember, the key to living comfortably in Marbella, as in any destination, is understanding the local cost of living and budgeting accordingly. This will ensure that you're able to enjoy all the amazing experiences Marbella has to offer.