Cost of living in Málaga: What you can expect

Is Málaga expensive to live in? You should expect your monthly expenses to be € 1,100- € 1,300. Check out our granular breakdown for more info!

Yordan

4 minute read

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Updated on 12 Aug 2024

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Living

Despite its reputation of being a cosmopolitan tourist destination, Málaga has established itself as the commercial and cultural hub of the Andalusian coastline.

Always presenting its residents with the wonderful Mediterranean climate, food and breathtaking views, Málaga's one of Spain’s best cities to live in. All this, however, comes at a cost.

We've focused our overview of the cost of living in Málaga on four main areas:

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

Málaga's the 5th most expensive city in Spain, coming right after Barcelona and Madrid. Compared to more expensive countries in Europe, the average rent prices in Málaga are lower. Amsterdam's rental prices are 55% higher than in Málaga and the average grocery expenses are 30% lower than in Amsterdam.

But to really judge the cost of living, you need to look at the average salary. Although the buying power of locals is 40% lower than other countries in Europe, the average salary in Spain is € 2,710 and you only need an estimated €672 per month (excl. rent) to live comfortably in this city. So you should be able to afford the Mediterranean lifestyle with ease if your standards are reasonable.

Now let’s dive into the details of the cost of living in Málaga.

1. Rental prices: How much rent can I expect to pay in Málaga?

The rental prices in Málaga have been stable in recent years, with some minor changes occurring at the start of each tourist season.

You can expect the following rents in Málaga in 2024:

All in all, the average price you should expect varies based on which one of Málaga’s neighbourhoods you choose. Overall, monthly rent in Málaga's suburbs is around €650-€750 and around €750-€1,100 at the heart of the city.

Fresh produce's rather cheap in Málaga too. Supermarkets offer a wide range of local and imported goods at prices higher than those at the local markets. So if you’re looking to stretch your budget, the local market is the right spot for you!

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

3. Leisure time expenses in Málaga

Being a popular tourist destination, there seems to be no end to the wide variety of leisure activities that Málaga offers to its residents and visitors.

From outstanding restaurant meals all the way to sports, expect to pay these prices for your leisure time in Málaga:

4. Expenses for getting around in Málaga

Getting around Málaga's a breeze thanks to the city’s small footprint. Although there's a decent public transport system, many residents choose to get around the city by bike.

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

Now that we’ve given you a better idea of what you can expect from the cost of living in Málaga, it's time for you to take the next step and start exploring homes for rent in Málaga!

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