Cost of living in Santa Cruz de La Palma
Santa Cruz de La Palma, a charming city in Spain, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering relocating or planning an extended stay.
This guide provides a detailed breakdown of expenses, from dining and groceries to housing and transportation, helping you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $12.56 on average.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $48.14.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.16.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer averages $1.88, imported beer $1.57, cappuccino $2.72, and Coke/Pepsi $1.88.
Grocery Prices
- Bananas - Bananas are priced at $1.83 per kg.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $2.62.
- Fuel (Gasoline) - Gasoline is priced at $1.25 per liter.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $680.20.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $470.91.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $837.17.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $627.88.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1569.70.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter averages $915.66.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment are not specified in the data provided.
- Internet - Internet services are not specified in the data provided.
Cost of Living Rankings
The cost of living indices for Spain are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Spain, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Transportation
Transportation
Rent Per Month
Rent Per Month
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Markets
Markets
"Key Takeaways"
Santa Cruz de La Palma offers a relatively affordable cost of living compared to larger Spanish cities, with moderate prices for dining and housing.
Transportation costs are reasonable, and the city provides a charming lifestyle with its cultural and natural attractions.
Potential residents should consider the cost of utilities and internet, which are not detailed in the data but are essential for budgeting.
Conclusion
In conclusion, Santa Cruz de La Palma presents a balanced cost of living, making it an attractive option for those seeking a blend of affordability and quality of life.
While housing and dining are reasonably priced, it's important to account for all living expenses, including utilities and transportation, to ensure a comfortable lifestyle.