Altea
Cost of Living in Altea
Monthly budget, rent, utilities, groceries, eating out, IBI
Updated 22 Oct 2026 · Local facts checked against official sources · How we check
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In short
For a couple, living in Altea costs roughly €525 to €760 per month excluding rent. Rent for a one-bedroom flat is €600 to €900, and a two-bedroom costs €900 to €1,050. Utilities add €175 to €260 monthly, and groceries run €250 to €350. The TRAM connects Altea to Benidorm and Alicante, so a car is optional.
Quick facts
- A couple's monthly budget excluding rent typically ranges from €525 to €760.
- A typical one-bedroom long-term rent in Altea ranges from €600 to €900 per month.
- Monthly utility bills, including electricity, gas, water, and internet, typically range from €175 to €260.
- A menú del día costs between €18 and €25, while an inexpensive meal is around €12.
- The annual IBI property tax ranges from €250 to €600 for apartments.
For British expats weighing up a move to Altea, the cost of living is moderate by Costa Blanca standards, but the real surprise is how much seasonal utility bills and transport can add. This guide breaks down the monthly essentials so you can budget realistically before you pack.
Monthly Budget
For a couple, the core monthly costs excluding rent are:
| Category | Monthly Cost |
|---|---|
| Groceries | €250 - €350 |
| Utilities (electricity, gas, water, internet) | €175 - €260 |
| Transport (fuel and insurance) | €100 - €150 |
| Total | €525 - €760 |
Rent
Rental prices in Altea vary by property type and location:
- Two-bedroom apartments: €900 - €1,050 per month.
- One-bedroom flats: €600 - €900 per month.
- Luxury properties: exceed €2,500, especially in sought-after areas like Altea Hills.
Household Bills
Monthly utility costs include:
- Electricity and gas: €120 - €180 for an average 100m² home, with higher costs in summer due to air conditioning.
- Water and waste: average quarterly costs around €60 - €90.
- Internet: high-speed fibre optic internet costs approximately €35 - €50 monthly.
Property tax (IBI) is an annual bill, typically ranging from €250 to €600 for apartments and €700 to €1,500 for detached villas, depending on size and location.
Groceries
Grocery shopping in Altea can be economical, especially if you frequent local markets. Average monthly grocery costs for a couple are €250 - €350, including fresh produce, meats, and pantry staples. Shopping at the Tuesday municipal market can yield significant savings on fresh, local products.
Transport
While many residents enjoy walking, especially in the town centre, having a car can be beneficial for exploring the Costa Blanca. Altea is served by the TRAM, connecting it to Benidorm and Alicante, making it feasible to live without a car. Budget around €100 - €150 monthly for fuel and insurance costs.
Eating Out
Altea boasts a rich gastronomic scene, offering a variety of dining options:
- Inexpensive meals: around €12.
- Mid-range dining: €18 - €25 for a daily menu, or about €60 for a fine dining experience.
- Cafés: a coffee typically costs between €1.50 and €3.
Seasonal Effects
Be mindful of seasonal fluctuations in costs:
- Summer: higher utility bills due to air conditioning use.
- Winter: increased heating costs, particularly in older properties.
Costs Newcomers Miss
When planning your budget, consider these common expenses that newcomers often overlook:
- Local taxes: besides IBI, be aware of community fees and other municipal charges.
- Insurance: home and car insurance can add to your monthly expenses.
- Maintenance costs: regular upkeep of your property should be factored into your budget.
Costa Bridge View
Altea offers a balanced lifestyle with a moderate cost of living, making it an attractive destination for expatriates. The trade-off is that seasonal utility spikes and transport costs can catch you off guard, so budget a little extra in summer and winter. This town suits those who want a picturesque base on the Costa Blanca without the premium prices of larger cities, and who are happy to use the TRAM or walk rather than rely on a car.
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Last updated: 22 Oct 2026 · Shane
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