COST OF LIVING IN SPAIN-CANARY ISLANDS-BALEARICS
Cost of living in Spain may be slightly cheaper than the average european country, still prices on the cost of living in Spain have raised dramatically over the past few years and still rising, making the situation for many spaniards and foreigners alike unbearable , average price for a litre of milk €0.70, loaf of bread €1.10, dozen eggs, €1.15, litre of gas €1.20, pack of cigarettes €3.00, average household bills(gas, electricity) for a family of 3, €160 a month, home, flat rental, €750 upwards(+bills), buying a house, generally around €150000 upwards. Car Insurance from €300-400 upwards, Home Insurance, from €350. Apartment rentals from 500 upwards, Wages from €900 upwards for non-skilled workers, and €1200 upwards for qualified workers. Larger cities such as Madrid and Barcelona are slightly more expensive, higher taxes, accomodation. Value Added Tax it´s 18%
CANARY ISLANDS COST OF LIVING
The Canary Islands have an special tax status within Spain. There´s no Valued Added Tax on Gasoline, Tabacco, Alcohol and Electronics. which makes them much cheaper than in mainland Spain, but you may find your supermarket or your grocery store much more expensive than in Spain , specially fresh products such as fruit and vegetables, because the cost of transport mainly coming from outside of the Canaries.
When you are resident in the Canary Islands you´ll get a 40% discount on your national travels, may be by sea, or air.
BALEARIC ISLANDS COST OF LIVING
The Balearic Islands cost of living is similar to mainland Spain, that includes groceries, apartment/flat rentals. Air travel when you are resident in the Balearics will be 40% cheaper.
BUDGET SUPERMARKETS IN SPAIN. HOME DELIVERY, PRICE COMPARE
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