Inflation in Spain recently hit 10.8%, the highest figure since 1984. It’s clear that even Spain, a country that is relatively affordable compared to many European nations, has not avoided the soaring costs brought on by the coronavirus pandemic and war in Ukraine. So, how can you live more cheaply in Spain and have a few more euros left in your purse each month?
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Save energy at home
The main contributor to the record inflation seen around the world is the soaring energy prices brought about by Russia restricting gas supplies to Europe. As such, saving energy where you can at home will prove essential in bringing down your monthly energy bills.
Airconditioning is often one of the biggest costs, so try to use it as little as possible. Some easy ways to keep your house cool without AC include creating a through-breeze by opening windows at opposite ends of the house (keeping blinds closed when it is particularly hot), using an outdoor BBQ instead of the oven, take cool showers and eat cool and light foods, such as cold soup and salads.
Be savvy at the supermarket
Prices of day-to-day food items have also increased, with supermarkets upping their prices in line with inflation. If you are looking to save money on your food shop, buying own brand food is a good place to start – often the ingredients are exactly the same but the cost is far less. Another great way to cut a few euros off your shopping bill is to shop little and often. This ensures you only buy what you need and less food ends up in the bin. Getting a loyalty card and shopping online are two other good ways to scope out the best deals.
Why not split the cost and double the fun of owning a holiday in Spain by buying with family or friends? Read our guide to Buying Abroad with Family
Indulge in the menú del día
Spain is known for its wonderful menú del día – a cheap lunchtime menu offered in many Spanish restaurants and café. Although the cost of that has also risen, now an average of €12 to €15, it’s still good value as it includes three courses, bread and a glass of wine (or more).
Take public transport
Public transport in Spain is still cheap, especially compared to Britain. RENFE, the largest train company, has various cards which offer reductions. The tarjeta dorada for the over 60s gives up to 40% off journeys.
Also check the newer train services, such as OUIGO, which compete favourably for the Madrid/Barcelona route and will soon operate others. RENFE has a budget train called the AVLO, so check those prices too.
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