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Moving to Spain: Cost of Living, Salaries, Jobs & Taxes (2026)

Quick facts, monthly costs, job market overview and practical residency steps for relocating to Spain.

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Moving to Spain: At a Glance

Spain is in Southern Europe, with its main hub in Madrid. It’s known for a specific mix of lifestyle, work culture and affordability — and it can be a strong option for expats depending on your income level and priorities.

Best forlifestyle + affordability
Main expat hubMadrid
LanguageEnglish in cities, local language helps
BordersFrance, Portugal, Andorra, Mediterranean Sea, Atlantic Ocean
Quick decision tip: If you prioritize lifestyle, climate and affordability, Spain can be a great fit. If your top priority is maximum salary and English-speaking environment, compare it against Nordic/Western Europe in the country comparison tool.

Key Numbers (2026)

Average Salary€27,000/year
Rent€11/m²
English Proficiency27%
Unemployment12.3%
Data & methodology: Key numbers are indicative estimates compiled from public datasets (e.g. Eurostat/OECD), price indexes, and Europe Compass aggregation. Some figures shown as “%” are proxy scores (0–100) for readability. Updated 2026-01-15. See full statistics & methodology.

Job Market and Career Opportunities

Why Spain Attracts Lifestyle-Focused Professionals

Spain offers unmatched quality of life with excellent climate and relaxed culture. While unemployment at 12.3% presents challenges, specialized professionals find opportunities in growing sectors. With an average salary of €27,000 and low living costs, Spain appeals to those prioritizing lifestyle over maximum earnings.

Top Industries in Spain

Tourism & Hospitality

9/10

World's second-most visited country with extensive hospitality opportunities.

Renewable Energy

8/10

Leading in solar and wind energy with companies like Iberdrola and Acciona.

Technology

7/10

Growing tech hubs in Madrid and Barcelona attracting international companies.

Job Applications and Language Requirements

Spanish is essential for most positions. Only ~25% of roles suitable for English speakers, mainly in tourism, tech startups and international companies. Growing remote work opportunities from international companies.

Pro Tip for Job Hunting

InfoJobs and LinkedIn are main job platforms. Networking through personal connections is crucial. 55% of companies now offer remote work options post-COVID.

Housing in Spain

Affordable Housing Market

Spain offers Europe's most affordable housing in major cities. Average rent is €11/m², with good availability (~55%). Purchase prices average €2,800/m² nationally, making homeownership very accessible.

Major Cities by Housing Costs

Madrid

+35% more expensive3.3M residentsCapital, business center

Barcelona

+40% more expensive1.6M residentsCreative hub, Mediterranean

Valencia

+10% more expensive790k residentsCoastal city, tech growing

Seville

Average price690k residentsHistoric, authentic culture

Apartment Hunting - Practical Tips

  • Use Idealista: Spain's dominant housing platform
  • Prepare NIE number: Required for rental contracts
  • Security deposits: Usually 1-2 months rent upfront
  • Consider smaller cities: Excellent value in Valencia, Málaga, Bilbao

Taxation and Net Salaries

Spanish Tax System

Progressive tax with regional variations. Average net salary ~€21,000 on €27,000 gross. Lower overall tax burden compared to Northern Europe.

Income Tax Brackets 2025 (Madrid)

Income BracketTax Rate
under €12,45019%
€12,450-20,20024%
€20,200-35,20030%
over €35,20037%+

Social Security & Benefits

Moderate social contributions (~6.5% employee) provide healthcare, unemployment benefits, and pension coverage. Lower overall burden than Northern Europe.

Key Benefits:

  • Universal healthcare access
  • Generous maternity/paternity leave
  • Strong job protection laws

Cost of Living

Monthly Essential Costs

Groceries and Daily Items

€280/month

Mercadona, El Corte Inglés are main chains. Markets offer fresh produce.

Transportation

€55/month

Metro/bus passes in major cities, very affordable.

Utilities

€120/month

Electricity €80, water €40.

Health Insurance

€60/month

Private insurance supplement (public system covers basics).

Internet and Mobile

€40/month

Movistar, Vodafone and Orange.

Bureaucracy and Practical Matters

First Steps After Moving

1

NIE Number (Tax ID)

Apply at police station or consulate. Required for work, housing, banking. Duration: 1-4 weeks.

2

Empadronamiento

Register address at local town hall. Required for healthcare access.

3

Bank Account

Santander, BBVA or ING. Need NIE number and proof of residence.

Culture and Lifestyle

Integration and Language

Spanish culture is warm and welcoming but Spanish language is essential for full integration. Only ~27% English proficiency means learning Spanish opens doors significantly.

Lifestyle Characteristics

Climate & Outdoors

300+ days of sunshine, excellent beaches and outdoor lifestyle.

Food & Social Culture

Exceptional cuisine, tapas culture and late dining schedules.

Work-Life Balance

Relaxed pace, long lunch breaks and emphasis on family time.

Summary: Pros and Cons

Advantages

  • Excellent climate and lifestyle
  • Very affordable housing (€11/m²)
  • Relaxed work culture
  • Rich cultural heritage
  • Excellent food and social life

Challenges

  • High unemployment (12.3%)
  • Lower salaries (€27k average)
  • Spanish language essential
  • Limited English-speaking jobs

Final Recommendation

Best for: Professionals prioritizing lifestyle, climate and affordable living over maximum earnings; must learn Spanish and be flexible about career opportunities.

Overall Rating for Expats7.8/10
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