Rent price in Cocentaina
Alicante/Alacant · Comunitat Valenciana
Estimated rent · IPVA 2023
Net income
13.1k€
per capita/yr
Unemployment
13.5%
SEPE
Population
11,498
residents
In 2023, the estimated rent in Cocentaina is €603/month (INE IPVA index), a +0.9% annual change and 3.4% higher than in 2020. Estimated provincial average in Alicante/Alacant: €625/month.
Full guide: living in Cocentaina
Monthly budget, required salary and mortgage estimate
National market context
National rank
#385
out of 753 municipalities
vs CCAA
-40€
region avg: €643
Trend vs Spain
-1.4%
avg: 2.3%
Trend vs region
-2.3%
region avg: €3.2
Cocentaina ranks 385 out of 753 municipalities in the INE rent price index. It is 6% below the Comunitat Valenciana average (€643/month).
Rent price evolution
Estimated monthly rent in Cocentaina (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
13.101€
per year · INE Atlas
Average household income
31.946€
per year
Rent-to-income ratio
55.2%
of per capita income
Average gross salary
26.817€
per year · Comunitat Valenciana
Rent-to-salary ratio
27%
of annual gross salary
The national average effort is 55.3% of per capita income. Cocentaina is 0 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Comunitat Valenciana average.
What would it cost to live in Cocentaina?
Calculate your mortgage payment, required salary and real cost of living.
Go to calculators →Registered unemployment
Estimated unemployment rate
13.5%
of estimated active population
Registered unemployed
746
people
Annual change
-6%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
Climate
Monthly max & min temperature (°C) · 2015–2024 normals
Source: Open-Meteo · ERA5 reanalysis (ECMWF)
Rent index evolution
| Year | INE IPVA Index | Estimated rent |
|---|---|---|
| 2023 | 113.778 | 603€ |
| 2022 | 112.719 | 597€ |
| 2021 | 110.702 | 587€ |
| 2020 | 109.997 | 583€ |
Idealista
Rental flats in Cocentaina →
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Frequently asked questions
How much does it cost to rent in Cocentaina?
The estimated rent in Cocentaina is €603/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Cocentaina?
Rent in Cocentaina has risen by 0.9% compared to the previous year, per the INE IPVA index.
Is Cocentaina expensive to rent compared to the national average?
No, rent in Cocentaina (€603/month) is 7% below the national average (€648/month).
How much do you need to earn to live in Cocentaina?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €24000 net per year to live in Cocentaina with a rent of €603/month.
What would a mortgage cost in Cocentaina?
For an estimated property price of €120,000 in Cocentaina (based on current rent of €603/month), the monthly mortgage payment would be €481 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €36,000 (20% down + ~10% costs).
Alicante/Alacant province
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Other municipalities in Alicante/Alacant
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Municipalities in Spain with a similar rent to Cocentaina (±10%)
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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: 03056