The ultimate guide to the cost of living in Valencia 2024

How expensive is it to live in Valencia? Our guide tells you the cost of living in Valencia that you can expect.

Yordan

4 minute read

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Updated on 22 Jul 2024

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Living

In Valencia, you get the best of both worlds. The 3rd-largest city in Spain provides you the urban comfort advantages while upholding the qualities of a small town.

Sounds like a dream, doesn’t it? But before you start packing your bags, let us walk you through the cost of living in Valencia.

We have broken down our overview of the cost of living in Valencia in 4 essential categories:

• Rental prices
• Food prices
• Leisure prices
• Public transport

Keep reading to find out how expensive (or not) it is to live in Valencia.

With living costs around €650 (excl. rent) a month, Valencia is a very affordable city to live in. This makes it cheaper than other Spanish cities such as Barcelona and Madrid. Plus, with a median salary of €1,200 in Valencia, you can easily cover the basic expenses in the country.

So is it expensive to live in Valencia? There’s no ultimate answer; it depends on the lifestyle you lead.

Being the 8th most expensive city in the country, Valencia counts as friendly to tighter budgets.

Now let’s break the cost of living down according to our four areas of focus:

• Rental prices
• Food prices
• Leisure prices
• Public transport

Rental prices in Valencia have been stable since 2018, which contributes to the city’s favourable rental climate. You'll find rental homes in Valencia easily, so you can shop around for the perfect one for you!

You can expect the following rents in Valencia in 2024:

Considering the fact that Spain is the gateway for food imports into Europe, it’s no surprise that food prices are lower than the average in Europe. For a family of 4, the weekly grocery bill usually comes to around €150-€200, depending on the brands and products you choose.

These prices should give you a good idea as to what to expect:

Considering the culinary culture in Valencia, the wide range of salty seafood and delicious desserts are going to become a part of your daily routine in no time. Enjoying a meal at a mid-range restaurant typically costs about €14-€20 per person, while grabbing a fast food meal will set you back around €5-€8.

But besides that, there's a lot of things to do in Valencia, such as going to the underwater restaurant, seeing animals at the Bioparc, visiting museums, attending festivals and much more.

Expect to pay these prices for your leisure time in Valencia:

Valencia’s public transport system offers options to travel via bus and metro. The metro is by far the more reliable mean of transport.

Getting around is pretty affordable with a monthly bus or metro pass at just around €40. If you prefer taking taxis in the city center, it'll usually cost you about €8 to €10 per ride. For those who drive, expect to spend between €100 and €150 each month on parking and gas.

Here are the prices you can expect to pay for public and other means of transport:

Now that you're familiar with the cost of living in Valencia, it’s time to start planning your monthly budget for your stay.

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