Yes, Sitges is considered one of the most expensive coastal towns in Spain, often referred to as the "Saint-Tropez of Spain." Its proximity to Barcelona (just 35-40 minutes by train) combined with its stunning beaches and vibrant cultural scene makes it a magnet for wealthy expatriates and "digital nomads." Real estate prices are significantly higher than the Spanish national average; a modest two-bedroom apartment near the historic center can easily cost more than €450,000, and rental prices often rival those of central Madrid or Barcelona. The cost of living is also influenced by its status as a premier tourist destination; dining out, groceries, and services are priced at a premium. However, many residents find the "Sitges tax" worth it for the high quality of life, the microclimate (which provides 300 days of sun a year), and the safe, inclusive atmosphere. While it is certainly not a "budget" destination, it remains more affordable than luxury hotspots in the French Riviera or the Balearic Islands, offering a blend of Mediterranean charm and cosmopolitan convenience that is hard to find elsewhere.