🇪🇸 Cost of Living in Bilbao - Prices & Budget Guide
Last updated: March 2026
Economic Indicators
GDP per Capita (PPP)$57,965 (2024)
Inflation Rate2.8% (2024)
Health Spend per Capita$3,107 (2023)
Out-of-Pocket Health Spend20.9% (2023)
Education Spend (% GDP)4.6% (2022)
Source: World Bank Open Data
The cost of living in Bilbao is generally considered to be moderate, with prices comparable to other major cities in Western Europe, but slightly lower than in larger Spanish cities like Madrid or Barcelona.
Quick Facts
Cost LevelModerate
Daily Budget (Backpacker)$60-100 USD
Daily Budget (Mid-Range)$100-180 USD
Daily Budget (Comfort)$180-300 USD
CurrencyEUR
Tipping Customnot expected, but rounding up the bill or leaving 5-10% is common
How Expensive Is Bilbao?
Bilbao, the largest city in the Basque Country, is a popular tourist destination known for its stunning architecture, rich cultural heritage, and vibrant food scene. Compared to other European cities, Bilbao is relatively affordable, with prices for accommodation, food, and transportation falling in the mid-range category. However, prices can vary depending on the time of year, with peak season (June to September) being the most expensive. Overall, Bilbao offers a great balance of quality and affordability, making it an attractive destination for travelers and expats alike.
In comparison to its neighbors, Bilbao is generally more expensive than smaller towns in the Basque Country, but less expensive than major cities like Madrid or Barcelona. The city's unique cultural identity and stunning natural surroundings make it a desirable place to visit or live, and its relatively moderate cost of living makes it an attractive option for those looking to experience the best of Spain without breaking the bank.
Accommodation Prices
Type
Price Range (USD/night)
Notes
Hostel/Budget
$20-40
typical quality, shared rooms and dorms available
Mid-Range Hotel
$80-150
3-star hotels, comfortable rooms and amenities
Luxury/Resort
$200-350
5-star hotels, high-end amenities and services
Apartment Rent (monthly)
$600-1,200
city center: $900-1,500, outside city center: $500-1,000
Food & Dining Prices
Meal Type
Price Range (USD)
Street Food / Local Eatery
$10-20
Casual Restaurant
$20-35
Mid-Range Restaurant (2 people)
$50-80
Fine Dining
$100-150
Beer (local)
$3-5
Coffee
$2-4
Water (1.5L bottle)
$1-2
Transport Costs
Transport
Cost (USD)
Local bus/metro ride
$1.50-2.50
Taxi (per km)
$1.50-2.50
Domestic flight
$50-150
Fuel (per liter)
$1.20-1.50
Monthly Budget Breakdown
Category
Budget ($)
Mid-Range ($)
Comfortable ($)
Rent
600
900
1,200
Food
300
500
800
Transport
100
150
200
Utilities
100
150
200
Entertainment
200
300
500
Total
1,300
2,000
3,000
Money-Saving Tips
Consider visiting during the off-season (October to May) to take advantage of lower prices for accommodation and tourist attractions.
Take advantage of the city's affordable public transportation system, including buses and metro lines.
Eat at local eateries and pintxos bars, which offer a wide range of delicious and affordable food options.
Explore the city's many free museums and cultural attractions, such as the Guggenheim Museum's free outdoor exhibits.
Shop at local markets, such as the Mercado de la Ribera, for fresh produce and unique souvenirs.
Look for accommodation options outside of the city center, which can offer better value for money and a more authentic local experience.