It is believed that Spain is slightly cheaper to live than Italy, if you compare prices for gasoline, transport, food and housing. In the world ranking of countries by cost of living, Italy ranks 23rd, while Spain ranks 38th.
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It is believed that Spain is slightly cheaper to live than Italy, if you compare prices for gasoline, transport, food and housing. In the world ranking of countries by cost of living, Italy ranks 23rd, while Spain ranks 38th.
Although Portugal is often described as one of the cheaper places to live in Europe, figures from Eurostat show a basket of basic supermarket goods is more expensive there than in either of the three other popular retirement destinations. Spain is the cheapest followed by France, then Italy.
Italy vs Spain: costTo stretch your travel budget, Spain is typically slightly more affordable than Italy, even in expensive cities like Madrid. But Italy can also be a very affordable vacation destination.
Cost of living in Spain vs PortugalSpain and Portugal have very similar cost of living. While Portugal tends to be on the cheaper side for most things, it's also possible to have a cheaper cost of living in some Spanish cities.
Overall, the cost of living in Spain vs UK is lower in almost every aspect. Each food shop, petrol fill-up and utility bill will on average cost less than in the UK. But it is the price of renting or buying property which is the largest contribution to Spain living costs being 21% lower than the UK.
Portugal is one of the easiest countries in Europe to retire because of the low financial threshold of about 1,200 euros per month required to qualify for residency.
Bulgaria. Bulgaria is one of the cheapest and safest countries to retire in. Enjoying a rich history and culture, retirees get to experience magnificent beaches, ancient ruins, and delectable cuisine in the country. The cost of living in Bulgaria is, on average, 45.7% lower than in the United States.
Italy is more beautiful and breathtaking. While Spain too is one of the most beautiful places in the world, the vibe and sheer beauty of Italian cities as well as small towns, and the views of Italian countryside is unparalleled and quite overwhelming. Spain is a more modern and better organised country.
The cheapest places to live in Spain by the sea are Alicante, Malaga, Tenerife, Cádiz and Tarragona. These cities provide an affordable cost of living with access to amazing beaches and attractions.