Cost of Living

Valencia offers a high quality of life at a lower cost than many other major European cities. For those relocating, the city provides an affordable Mediterranean lifestyle with housing, food, and public services priced below the levels found in Madrid, Barcelona, London, or Paris. While costs are rising with increased demand from both locals and expats, Valencia remains one of Spain’s most cost-effective large cities for families, professionals, and retirees.

For most people relocating, a single person can live comfortably on €1,200–1,500/month (excluding luxury extras), while a family of four often requires €3,000–3,800/month depending on housing choices, school fees, and pet ownership.

Valencia’s cost of living, when balanced with its lifestyle, climate, and amenities, makes it one of the most attractive relocation destinations in Europe.

Accommodation is often the largest expense, and prices vary by neighbourhood. Please note that rental demand is strong, especially for furnished apartments, so budgeting slightly above average is wise for those wishing to relocate. The below prices are averages, please note that recently renovated and furnished property in central areas will attract a higher price.

City Centre (Ciutat Vella, Ruzafa, Eixample):

• 1-bedroom flat: €900–1,500/month
• 3-bedroom flat: €1,500–2,200/month

Mid-range districts (Cabanyal, Benimaclet, Campanar, Quatre Carreres):

• 1-bedroom: €700–1,000
• 3-bedroom: €1,200–1,600

Outer suburbs (Patraix, L’Olivereta, Torrent, Bétera, Paterna, L’Eliana):

• 1-bedroom: €500–800
• 3-bedroom: €900–1,300

Utilities (electricity, water, gas, internet): €120–€180/month for an average flat. Costs will vary throughout the year, especially with use of air conditioning during the hottest months.

Purchasing property in Valencia has also become much more competitive, the price per square meter averages around €3,500. While still much more affordable than Madrid or Barcelona, Valencia’s property market is hot! Luxury villas in coastal areas such as Malvarrosa or suburban communities such as L’Eliana, Godella and La Canyada are particularly popular for international buyers.

One of the pleasures of living in Valencia is access to plentiful fresh, seasonal and high-quality produce at affordable prices. Markets like Mercado Central and Mercado de Ruzafa provide local fresh produce, meats, and seafood for very affordable prices.

Supermarkets (Mercadona, Consum, Lidl, Carrefour):

• Monthly grocery bill (per person): €150–250 depending on diet.
• 1 litre of milk: €0.90–1.10
• Bread (loaf): €1.20–1.50
• Chicken breast (kg): €7–8
• 2 litre of extra-virgin olive oil: €15-20
• Fresh fruit & veg: often cheaper at local markets.

Dining out:

• Coffee: €1.50–2.00
• Menu del día (3-course weekday lunch menu): €10–14
• Mid-range dinner for two: €40–60
• Paella at a beachside restaurant: €15–20 per person.

Valencia is compact, and many residents rely on public transport or cycling.

• Metro/bus single ticket: €1.50–2.00
• 10-journey SUMA card: €10
• Monthly unlimited pass: €40–50
• Taxi start fare: €5, typical trip €10–15, airport €20–25
• Fuel: ~€1.50–1.70/litre
• Parking rental: €60–120/month

Most people that relocate find they don’t need a car for daily life inside the city.

Public healthcare is free for residents registered in the Spanish social security system. If you are required to purchase private health insurance then costs will range from €50–80/month per adult (basic plans), rising for more comprehensive cover.

For families relocating to Valencia, education is an essential consideration. Public schools in Spain are free and of good quality, but some international families may prefer private or international schools, particularly if their children need to follow a specific curriculum or language. 

• Public schools: free (small costs for materials, meals, excursions).
• Semi-private (concertado) schools: €80–200/month in “donations” or fees.
• Private international schools: €500–1,200/month depending on level and curriculum (British, American, or IB).
• Childcare & nurseries (guarderías): Options range from public nurseries with low fees to private centres averaging €250–500/month, depending on hours and services.

• Gym membership: €30–50/month
• Cinema ticket: €7–9
• Museum entry: €2–6 (many offer free entry on Sundays)
• Football at Mestalla Stadium (Valencia CF): from €25–40 for regular matches.
• 1-on-1 Spanish Language class: €28/hour or €12-18/hour for group sessions. EOI – Escuelas Oficiales de Idiomas also offer subsidised Spanish courses and certificates are officially recognised.