Cost of living in Valverde de El Hierro
Valverde de El Hierro, located in Spain, offers a unique lifestyle with its serene environment and cultural richness. Understanding the cost of living here is crucial for anyone considering a move or planning a visit.
This guide provides a detailed breakdown of expenses, including dining, groceries, transportation, housing, and utilities, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.95 on average, with a range between $9.39 and $20.86.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $52.15, with prices ranging from $31.29 to $73.01.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $8.87, with a range between $8.34 and $9.39.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.25 to $3.65, imported beer $2.29 to $4.17, cappuccino $1.25 to $3.13, and Coke/Pepsi $0.97 to $2.61.
Grocery Prices
- Milk - Milk is priced between $0.73 and $1.67 per liter, averaging $1.05.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.04 and $6.26, with an average price of $1.15.
- Eggs (Dozen) - A dozen eggs range from $1.88 to $6.26, averaging $3.16.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.41 to $2.61 per kg, while oranges range from $1.46 to $2.61 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.04 and $6.26 per kg, and lettuce costs $1.04 to $1.93 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1.15 and $1.74 per liter.
- Taxi Fares - Taxi fares start at $2.5, with a cost of $0.56 to $3.13 per km and $15.64 to $26.07 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Data not available.
- 1-Bedroom Apartment Rent (Outside Centre) - Data not available.
- 3-Bedroom Apartment Rent (City Centre) - Data not available.
- 3-Bedroom Apartment Rent (Outside Centre) - Data not available.
- Buying Price per Square Meter (City Centre) - Data not available.
- Buying Price per Square Meter (Outside Centre) - Data not available.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $52.15 and $99.73, averaging $72.33.
- Internet - Internet services range from $20.86 to $36.5, with an average cost of $26.91.
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
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"Key Takeaways"
Valverde de El Hierro offers a relatively affordable dining experience, with inexpensive restaurant meals averaging around $10.95.
Grocery prices are moderate, with essentials like milk and bread being reasonably priced.
Transportation costs are manageable, especially for gasoline, which is priced competitively.
Utilities are affordable, making it easier to manage monthly expenses.
Conclusion
Valverde de El Hierro presents a balanced cost of living, with affordable dining and utility costs.
While housing data is not available, the overall expenses suggest a manageable lifestyle for residents.
Potential residents should consider these factors when planning a move to this charming Spanish locale.