Is Spain expensive to live in?

No, Spain is not expensive to live in, especially compared to the US. Our Net Life Value index shows Spain at 81, meaning daily goods and services cost about 19% less than in the United States (US = 100). For example, a typical two-bedroom apartment in Madrid might rent for €1,200 ($1,300 USD), while a similar place in a US city like Austin, Texas, could easily be $2,000+. Groceries are also noticeably cheaper; you'll spend less on fresh produce and local wines. Taxes are a factor. Spain's income tax can be higher than some US states, ranging from 19% to 47%, depending on income. However, the lower cost of living often offsets this for many people. Healthcare is generally excellent and much more affordable through the public system than private options in the US. Overall, Spain offers a significantly lower cost of living for a high quality of life. Expect your money to stretch further there.