Rent price in Carolina, La

Jaén · Andalucía

Estimated rent · IPVA 2023

417per month
-0.1% year-on-yearTop 4% most affordable in Spainvs Spain: -231€ · avg €648

Net income

11.7k€

per capita/yr

Unemployment

22.6%

SEPE

Population

14,677

residents

View methodology →

According to INE IPVA data, estimated rent in Carolina, La is €417/month in 2023 — -0.1% year-on-year. Back in 2020 it was €400/month, a 4.3% increase over 4 years. Provincial average (Jaén): €422/month.

Idealista

Rental flats in Carolina, La

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National market context

National rank

#721

out of 748 municipalities

vs Andalucía

-151

region avg: €568

Trend vs Spain

-2.4%

avg: 2.3%

Trend vs region

-1.9%

region avg: €1.8

Carolina, La is among Spain's most affordable municipalities (position 721 of 748).

Rent price evolution

Estimated monthly rent in Carolina, La (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

11.708

per year · INE Atlas

Average household income

27.427

per year

Rent-to-income ratio

42.7%

of per capita income

Average gross salary

26.090

per year · Andalucía

Rent-to-salary ratio

19.2%

of annual gross salary

The national average effort is 55.4% of per capita income. Carolina, La is 13 points below that average.

Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Andalucía average.

Registered unemployment

Estimated unemployment rate

22.6%

of estimated active population

Registered unemployed

1,385

people

Annual change

-4.7%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Carolina, La?

With rent at €417/month, the recommended salary (30% rule) is €23,500 gross/year.

Recommended salary

23,500

gross / year

Rent

417

/ month

Real avg income

11,708

net / year

€ gross / year

Enter your gross annual salary to see what rent in Carolina, La means for your budget.

What would a mortgage cost in Carolina, La?

For a €85,000 property (estimated from current rent), the monthly payment would be €340 over 25 years at 3.5%. You need €25,500 for the down payment and costs (20% + 10%). Based on average incomes in Carolina, La, saving that amount would take around 3.1 years.

What does it cost to live in Carolina, La?

Rent is €417/month. With average food, transport and utilities, the estimated cost of living is €1,187/month. Adjust each category to your situation.

🏠 Rent417
🛒 Food
🚌 Transport
Utilities
💊 Health
🎭 Leisure
📦 Other
Estimated monthly total1,187
Avg net income: €976/month-211 margin

Estimated expenses based on national averages. Adjust to your lifestyle.

Climate

Monthly max & min temperature (°C) · 2015–2024 normals

12.3°3.6°Jan14.6°4.9°Feb16.9°6.3°Mar20.1°9.1°Apr25.3°12.9°May30.1°16.9°Jun35.3°20.8°Jul34.6°21°Aug28.7°16.7°Sep23.8°13.1°Oct16.5°7.9°Nov14°5.4°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023109.703417
2022109.831417
2021107.428408
2020105.177400

Frequently asked questions

How much does it cost to rent in Carolina, La?

The estimated rent in Carolina, La is €417/month in 2023, according to the INE Housing Rental Price Index (IPVA).

Have rents gone up or down in Carolina, La?

Rent in Carolina, La has fallen by 0.1% compared to the previous year, per the INE IPVA index.

Is Carolina, La expensive to rent compared to the national average?

No, rent in Carolina, La (€417/month) is 36% below the national average (€648/month).

How much do you need to earn to live in Carolina, La?

Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €17000 net per year to live in Carolina, La with a rent of €417/month.

What would a mortgage cost in Carolina, La?

For an estimated property price of €85,000 in Carolina, La (based on current rent of €417/month), the monthly mortgage payment would be €340 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €25,500 (20% down + ~10% costs).

Jaén province

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Other municipalities in Jaén

Municipalities with similar rent

Municipalities in Spain with a similar rent to Carolina, La (±10%)

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INE

Official source

Instituto Nacional de Estadística

Organismo estadístico oficial del Estado español

www.ine.es View source →

Methodology

Data comes from the Housing Rental Price Index (IPVA) published by Spain's National Statistics Institute (INE), with base 100 in 2015. The estimated rent is calculated by applying the index to the median reference price for the province in 2015.

Source: INE IPVA base 2015=100 · INE code: 23024