Rent price in Santiago de Compostela
A Coruña · Galicia
Estimated rent · IPVA 2023
Net income
17.5k€
per capita/yr
Unemployment
7.2%
SEPE
Population
101k
residents
In 2023, the estimated rent in Santiago de Compostela is €576/month (INE IPVA index), a +3.2% annual change and 8.9% higher than in 2020. Estimated provincial average in A Coruña: €562/month.
Full guide: living in Santiago de Compostela
Monthly budget, required salary and mortgage estimate
Idealista
Rental flats in Santiago de Compostela →
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National market context
National rank
#450
out of 748 municipalities
vs Galicia
+45€
region avg: €531
Trend vs Spain
+0.9%
avg: 2.3%
Trend vs region
+1.1%
region avg: €2.1
Santiago de Compostela ranks 450 out of 748 municipalities in the INE rent price index. It is 8% above the Galicia average (€531/month).
Rent price evolution
Estimated monthly rent in Santiago de Compostela (€/month). Source: INE IPVA.
Income and housing effort
Net income per capita
17.514€
per year · INE Atlas
Average household income
41.436€
per year
Rent-to-income ratio
39.5%
of per capita income
Average gross salary
26.547€
per year · Galicia
Rent-to-salary ratio
26%
of annual gross salary
The national average effort is 55.4% of per capita income. Santiago de Compostela is 16 points below that average.
Source: INE Atlas of Household Income Distribution · INE Survey of Wage Structure (op.140). Gross salary is the Galicia average.
Registered unemployment
Estimated unemployment rate
7.2%
of estimated active population
Registered unemployed
3,352
people
Annual change
-4.4%
vs same month previous year
Source: SEPE (Spanish Public Employment Service)
How much do you need to earn to live in Santiago de Compostela?
With rent at €576/month, the recommended salary (30% rule) is €32,500 gross/year.
Recommended salary
32,500€
gross / year
Rent
576€
/ month
Real avg income
17,514€
net / year
Enter your gross annual salary to see what rent in Santiago de Compostela means for your budget.
What would a mortgage cost in Santiago de Compostela?
For a €115,000 property (estimated from current rent), the monthly payment would be €461 over 25 years at 3.5%. You need €34,500 for the down payment and costs (20% + 10%). Based on average incomes in Santiago de Compostela, saving that amount would take around 2.8 years.
What does it cost to live in Santiago de Compostela?
Rent is €576/month. With average food, transport and utilities, the estimated cost of living is €1,346/month. Adjust each category to your situation.
Estimated expenses based on national averages. Adjust to your lifestyle.
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 | 115.276 | 576€ |
| 2022 | 111.712 | 559€ |
| 2021 | 108.495 | 542€ |
| 2020 | 105.723 | 529€ |
Frequently asked questions
How much does it cost to rent in Santiago de Compostela?
The estimated rent in Santiago de Compostela is €576/month in 2023, according to the INE Housing Rental Price Index (IPVA).
Have rents gone up or down in Santiago de Compostela?
Rent in Santiago de Compostela has risen by 3.2% compared to the previous year, per the INE IPVA index.
Is Santiago de Compostela expensive to rent compared to the national average?
No, rent in Santiago de Compostela (€576/month) is 11% below the national average (€648/month).
How much do you need to earn to live in Santiago de Compostela?
Applying the 30% rule (rent should not exceed 30% of net income), you need approximately €23000 net per year to live in Santiago de Compostela with a rent of €576/month.
What would a mortgage cost in Santiago de Compostela?
For an estimated property price of €115,000 in Santiago de Compostela (based on current rent of €576/month), the monthly mortgage payment would be €461 over 25 years at 3.5% APR. Down payment and purchase costs amount to approximately €34,500 (20% down + ~10% costs).
A Coruña province
View all municipalities and compare prices
Other municipalities in A Coruña
Municipalities with similar rent
Municipalities in Spain with a similar rent to Santiago de Compostela (±10%)
More affordable options in Galicia
Municipalities in Galicia with lower rent than Santiago de Compostela
Want to compare Santiago de Compostela with another municipality?
Rent, income, population and more, side by side.
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: 15078