Living in Spain Monthly Costs Update 2022

Living in Spain Monthly costs update 2022
Since my last video on monthly costs (March 2022), the cost of living here in Spain has gone up.
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Just had my electricity bill in for September, a little cheaper now, 165 euros, 50 euros was gas tax! Love to hear, what your bills are like at the moment, many thanks for watching :)

[@maddavvid2339]

Is there an electricity tax on gas ? 😂

[@n00buo]

@@maddavvid2339 It's called tax scam, like every other tax but a new one that makes 0 sense.

[@ianscott6481]

We were over for the whole of September, Just had our Sept bill in at 66 euros, way better than expected, didn't see the GAS tax!!

[@burtwallace5909]

One very important detail of this presentation is your Honesty [ seems you are pouring your Heart out Shaun] telling it the way it is and not dodging any issues . A really good vid' .For those on the cusp of moving to Spain , do your research with real care !

Thank you kindly Burt, something to think about if thinking of moving to Spain that you don’t see in the books. Many thanks again and thanks for watching 👍🇪🇸

[@RalphGoldsmith]

Very good and comprehensive update Shaun. Definitely seen the costs go up for us as well which seems to be the same story the world over. Thanks for sharing

Thank you Ralph, seems we are all going to pay extra, hopefully not too long. Many thanks for watching 👍🇪🇸

[@vodkadave69]

Great video Shaun. As a new owner in Spain it’s very helpful, 👍👍

Cheers Dave, glad you found the video helpful. Many thanks for watching 👍🇪🇸

[@suewillimer8635]

Thanks for the update Shaun much appreciated!

Thank you Sue, many thanks for watching 👍🇪🇸

[@adrianalfordphotography]

Thanks for sharing that info Shaun. I think it’s going up all over the world. Crazy here too. All those little extras add up in that comparison. Thanks for the video mate 👍🙏

Thank you Adrian, yes crazy times and hardship for some, lets hope it’s not for too long. Many thanks for watching 👍🇪🇸

[@karee435]

Really good of you to share with us Thankyou

Top Lady Karee, many thanks for watching 👍🇪🇸

[@brucecoddington4835]

Thank you for sharing, Shaun! Very helpful information! 🙂

[@brucecoddington4835]

At the moment we are paying $2.35 / liter for 87 petrol here in Western Canada... Diesel fuel costs more as well.

Good to know Bruce 👍

Thank you Bruce, many thanks for watching 👍🇪🇸

[@rogerspeck9929]

Great Vlog again Shaun. 👏👍

Thank you Roger, glad you enjoyed the video. Many thanks for watching 👍🇪🇸

[@michaelcoles7588]

Very informative thank you

Thank you Michael, glad it’s useful, many thanks for watching 👍🇪🇸

[@nflreading]

Very useful information, enjoy Spain,at least u have free sunshine.

Thank you, glad you enjoyed the video, very true, the only thing that’s free is the sun ☀️ Many thanks for watching 👍🇪🇸

[@johnhickey1326]

Top man shaun very informative 👍🏻👍🏻👍🏻

Thank you John, many thanks for watching 👍🇪🇸

[@dean200993]

Good cost of living update Shaun.

Thank you Dean, many thanks for watching 👍🇪🇸

[@kevtheargonut]

Very interesting Shaun, many thanks for sharing. We see the same here in the U.K. too but with the added bonus of significant green and social taxes applied to the ever rising energy bills. Take care when assessing those other price rises and saying “it’s OK”. When something only goes up from 40 to 50 euros a month, it may not look a lot in euros but it is a big percentage. All those major percentage but small euro increases add up to a big euro increase overall. Tips… Instead of aircon, I tend to go naked when it is hot which to be honest doesn’t go down too well in the car, at Tescos or picking the grandkids up from school and it might impact the attendance at Camposol Explorer outings if you try it. This winter I am going to wear an entire sheep instead of putting the heating on.😁 More realistically, I am just gonna have to take it on the chin. At her age mum needs cooling in summer and the house needs to be an oppressive 26+ at all times in winter which given her antiquated heating system is gonna be quite a bill. What has to be will be though, we will muddle through somehow. 👍

Cheers Kev, yes have to look on the bright side of things and when Tony Blair got into government, things can only get better, really 😳 I wish I could live without the air conditioning, but if I can still afford it, have it on, the same with the winter, heating on, sat in my pants!!!! It’s going to be interesting times this winter and next year, if things don’t get better. Many thanks for watching, top man 👍🇪🇸

[@markmatthews4186]

50% increase is massive and around the same as us in the uk. That said for a retired couple very concerning. Keep your content coming Shawn and hopefully your costs come down. Top maan

Many thanks Mark, does seem unfair, for anybody that are pensioners, many thanks for watching 👍🇪🇸

[@RichD2024]

Thank you for sharing this. I'm flabbergasted by how little you pay for car and house insurance. That's about what I pay just for car insurance a month (about half of that is because I have my son on my insurance as well but still). In the US by the way.

Thank you Richard for your comment and good to compare our insurance’s with yours, that’s some payments. Many thanks for watching 👍🇪🇸

[@nathonhamilton4524]

Yes very interesting ...thankyou.

Thank you Nathan, glad you found it helpful. Many thanks for watching 👍🇪🇸

[@tomfitz7431]

We don't run the air conditioning in Barcelona...maybe few evenings..it eats the electric !!...went to UK for a month...lots of things all cheaper in Asda..we bought a lot of stuff and in Poundland..solar lights for the garden...

Good to know Tom, many thanks for watching 👍🇪🇸

[@JonMagno]

Thank you for your vlog. This is being played out in the Continental USA as well, huge increases in utilities while pensions or fixed incomes for seniors are not keeping up despite COLA hikes. Something’s gotta give. Highlights the importance of planning and setting money aside for bills that are difficult to avoid-heating cooling healthcare etc., I’m hoping it gets better for you and your situation.

Thank you, many thanks for your comment and very true. Thankfully we both have private pensions which have helped us a lot while living here and not relaying on our state pensions. I think it’s always best to make people aware living in Spain is not as cheap as they claim. Many thanks for watching 👍🇪🇸

[@wayne8872]

Interesting comparison Shaun, just goes to show the overall living costs have gone up significantly

Interesting times Wayne, lets hope this doesn’t go on for too long, many thanks for watching 👍🇪🇸

[@howard51723]

I do like your show Shaun and I am very likely to move there in the next couple of years, just one point though as regards solar panels, I think your buddy has an old system installed, the older models did require lots of light the more modern systems are considerably more efficient to the point where dull overcast days have no discernible difference. The modern solar power units are being installed throughout Ireland on all new builds and grants are provided for older builds, most people have found that their electric bill has dropped by 30% which isn't bad considering that we have little more than a month of actual sunshine and three more months of dry weather ( this is a perishing kip). Overall as a potential Irish expat those costs are still less than half of what we pay and as such is considerably more cost effective. It might be a viable option of sourcing external insulation on houses in camposol, relatively cheap and not ugly, that might be a discussion for a future podcast

Hi Howard, many thanks for your comment and regard the solar panels, I’ve made many discussions about solar power here, we have a huge solar farm just outside Camposol and many more each year across the land. The bank can give us a loan to install but to me very expensive for what it is. At the moment, I’m paying a gas tax on my electricity, we don’t have gas, something the Spanish government has imposed. So solar power has great interest here, Many thanks for watching 👍🇪🇸

[@baycast]

I've never heard of the gas tax! Very interesting video content and it's always good to compare. Are you with Iberdrola? I am and have the night-time plan which gives half-price electricity from 10 pm until 12am midday at this time of year and an hour ahead in the Spring time. Summer bills average 100 euros over three months running ac 24/7. Living in a 3-bed chalet Orihuela costa and my bills are normally 60 euros.

Many thanks for watching, yes we are with Iberdrola and have the all day set price plan. Glad your prices are very low 👍🇪🇸

[@Tom-sg4iv]

Part of the electricity is made using gas boilers. The tax has nothing to do with gas used in your home for cooking/heating.

Very true Tom 👍

[@melissacampbell3867]

Thanks. That was a really good breakdown. Can I ask how you found your accountant and translator?

Hi Milissa, glad you found the video helpful. My wife found both through recommendations from other people and friends. Many thanks for watching 👍🇪🇸

[@frankhaslam3543]

Wednesday 12th Oct 22,the holiday is called Dia de la Hispanidad, translated Hispanic Heritage Day.

Cheers Frank, Top Man 👍🇪🇸

[@gabrielemcnicholl6174]

Wow … what a difference! This is crazy how much the cost went up!! 😮

Many thanks for watching Gabriele 👍🇪🇸

[@douglaswilliams9657]

Not as much as UK

@@douglaswilliams9657 good to know Doug :)

[@enriquearaujo7653]

Thank you for the info Shaun. My wife an I are planning to move to Mijas in Andalucia next year. Do you suppose that costs there could be 10/15% higher that in Mazarrón?

Good question, maybe in property but living costs should be the same all over Spain

[@andrewhills6535]

Thanks

👍

[@mustaphabenyelles1410]

Just had my 03 months electricity and gas bill for my 250 m2 flat it's 60 euros that's 20 euros / month . NOT BAD . 3 x air con + 13 radiators central heating + gas cooking . regards from Algeria.

Many thanks for your comment Mustapha, that’s the prices I would love to pay. Many thanks for watching 👍🇪🇸

[@johnrenshaw9688]

Hi, We found your video very good. We live in San Miguel de Salinas not so far from you and have a villa with a pool. We also had a shock with our electricity bill especially in July and August when the weather, like you indicted, was consistently very hot. One significant user of electricity is a pool pump so we run ours after midnight when electricity is in tariff P3. Over a year ago the high tariff P1 was more than double the P3 rate, although right now the difference on a flexi contract is only about 20% less, but it all helps. What surprises me is the villa next to me which is a holiday home / rental runs the pool pump for 6 hours every day all year round, their bill must be horrendous. We are thinking of solar to power the pool pump, we would be interested to know if anyone else has invested in this? How do you keep your water bill so low in the Summer, ours is 5 times higher!! Do you use a pool cover to reduce evaporation, I would like to know if they save significant water? Kind regards, John.

Hi John, many thanks for your comment and any way of keeping the bills cheaper is always helpful. If we had not changed our electric contract last year we would be having a cheaper bill without this gas tax but our friends had a bigger home and their electric bills a lot cheaper. Even now, some of our friends bills are still very cheap but they will be paying this tax soon. Reference the water, we have no cover and my wife likes to water the garden plants 2 to 3 times a week during the summer and also we top up the pool at least once a week but thankfully the bill is not too bad. I can only imagine, each region or town maybe on a different rate? I heard having solar for the pool, manly for heating, waste of money and also solar power is so expensive to install and I don’t see many people in my area who have it fitted. Our bank was going to loan us the money, but still worked out very expensive to make a return on it. Hopefully others will reply to your comment. Many thanks for watching 👍🇪🇸

[@AG-so4gl]

Timely video for me, as thinking about non lucrative visa. Do you factor in Emergency fund, ie approx 6-12 months expenses, and visa renewal, lawyer fees too....?

Hi, I'm already a resident in Spain, so this would be extra added costs and savings that would have to be put by for living here in Spain. If I had to move to Spain now with the NLV, plus the extra money needed to move and after 6 months, taking a driving test, this may have put us off moving to Spain. Hopefully my video gives you some idea with just normal cost while living here. Still best thing I've ever done and love living here. Many thanks for watching :)

[@geraldgambatesa6497]

Hi Good video update Not paying any gas tax on my electricity? €80-120 8 weeks,when we there at moment in majorca Water average €20-35 ever 8 weeks thru year ,residents tax on property not land where we are...

Many thanks for the info Gerald, many thanks for watching 👍🇪🇸

[@Harvey87774]

May 31st 2023 the gas tax is being removed.

[@annyjayableful]

That's what I read on one of the Camposol FB pages. Thanks.

Hope they are correct, but according to my email, next May, everybody will be paying it unless it changes, said the next 3 years 👍🇪🇸

[@jeffreybridgeman1097]

hi i'm coming over in november 1 to 10 and am thinking of buying a house in campasol and would like to meet you to get some advice of where to buy, hope to here from you soon jeff

Hi Jeff, happy to help, just let me know once you’re here. Many thanks for watching 👍🇪🇸

[@garymarshall1246]

To enter spain does uk people need a antigen test

Sorry Gary, can’t help you, try @youtoospain YT channel 👍

[@maciej_zieba]

Would you recommend moving from UK to Spain. Thinking of saving up for a deposit on a house in either Allicante or somewhere near the south coast. Thank you and all the best😊

Hi, best thing I’ve ever done and that was 7 years ago. Best thing to do in the meantime is to find the area you want to live in and once you have enough, find your new home. Good luck 👍🇪🇸

[@maciej_zieba]

@ Hello, thanks for the reply😁Yeah I have a few areas in mind. Guessing I'll have to pass my driving licence again🤔 Thanks again!

@@maciej_zieba yes, after 6 months in Spain.

[@maciej_zieba]

@ Ah okay, well good to know

[@frankhiggins2295]

Here in Turkey my electricity bill is €25 euros a month the cheapest place in Europe to live!

Good to know Frank, wish it was here 😂 Many thanks for watching 👍🇪🇸

[@MsLudam]

Turkey is not a Europe, dude!

[@alowery001]

Do folks in Spain use solar?

Good question Amy, there are loads of solar farms but not many villas have them fitted, due to costs.

[@annyjayableful]

When you say Spanish tax, are you talking about income tax or something else?

Good question, resident tax, that has to be done once a year, my wife didn’t pay any. If you want more info, ask a professional 👍🇪🇸

[@mikehaynes1637]

Hi, we are retirering to Spain in 2026. Will we pay any tax on both state and private pensions.

Hi Mike, state pension, no. Private pensions, will depend on how much you have plus your savings. Best ask your lawyer before buying your property. Good luck with your move 👍

[@mikehaynes1637]

@ Thankyou

[@keithjames2450]

Wow! Not as cheap as s you think Shaun.

Top Man Keith, bit of a shock!!!! :)

[@dougm3037]

I haven't copped anywhere near those price increases here in Oz. The only thing that's cheaper is your internet. People are really doing it tough in Europe.

Good to know Doug, many thanks for watching 👍🇪🇸

[@maddavvid2339]

😱

Top Man Mad David :)

[@Top12Boardsport]

2023 and 2024 will have even higher price increases unfortunately. Interest rates up and inflation up. Go for a EV car and solar panels so you can charge for free and much lower AC cost during the day.

Many thanks for your comment and watching the video 👍🇪🇸

[@Top12Boardsport]

@ if you drive 10.000 km per year with a EV you need 10 solar panels 350watt to produce more than enough. Now that it’s legal to have them on your property in Spain this is the best long term investment that you can make in sunny Spain. Electrical car are getting cheaper by the day. Even SEAT. Soon you can use your EV with V2G and have a 50kW battery as backup. You are not going off grid just buying less electricity from the grid.

[@Top12Boardsport]

A BEV needs 1-2 kW per 10km depending on size. So if you drive 10.000 km per year you need to produce 2000 kW per year a 300 watt solar panel produces about 300kW per year. So 10 panels 3000kW per year. Cost to install with inverter about € 3.000 will last for 50 years at least and will increase value of property.

[@lindychadwick6640]

Thankyou shaun hoping tenerife bit cheaper than spain

Thank you Lindy, lets hope so, many thanks for watching 👍🇪🇸

[@baridare5790]

Why don't you have solar and battery system and an electric car

Got fields and fields of solar farms but no where to charge a electric ⚡️ car while out, but maybe one day. Many thanks for watching 👍

[@mohawkrockstar]

Solar doesn’t work on rainy days? Ever heard of batteries? Why would you give people fake information?

If you listened, I said couple of days of cloud and rain, as my friends have told me, they have to use a generator for back up. Not one solar company has responded to my emails on making a video of the advantages of solar energy.

[@Top12Boardsport]

@ try harder. They are very busy.

[@paulhowden720]

Cut back in the booze , drugs ,and the fast food. Easy. 💪😎

Good way to save money 😂👍

[@YouNeedM3]

You live in spain but dont have solar and BATTERY'S? One of the first thing I would do. Buy some solar panels of ebay, batteries and inverter kit etc (not though a company who's looking to charge high prices to stupid and incompetent people). Pay a local electrician to come and install. This method doesnt cost 10k+

The cost, wish it was 10K or less, you only got to look around here in Spain to ask the same question 🙋‍♂️ Why no solar energy, cost too much.