Rent price in Viveiro

Lugo · Galicia

Estimated rent · IPVA 2023

417per month
+1.1% year-on-yearTop 3% most affordable in Spainvs Spain: -231€ · avg €648

Net income

14.7k€

per capita/yr

Unemployment

9.4%

SEPE

Population

15,120

residents

View methodology →

In 2023, the estimated rent in Viveiro is €417/month (INE IPVA index), a +1.1% annual change and 5% higher than in 2020. Estimated provincial average in Lugo: €425/month.

Idealista

Rental flats in Viveiro

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National market context

National rank

#723

out of 748 municipalities

vs Galicia

-114

region avg: €531

Trend vs Spain

-1.2%

avg: 2.3%

Trend vs region

-1%

region avg: €2.1

Viveiro is among Spain's most affordable municipalities (position 723 of 748).

Rent price evolution

Estimated monthly rent in Viveiro (€/month). Source: INE IPVA.

Income and housing effort

Net income per capita

14.698

per year · INE Atlas

Average household income

33.909

per year

Rent-to-income ratio

34%

of per capita income

Average gross salary

26.547

per year · Galicia

Rent-to-salary ratio

18.8%

of annual gross salary

The national average effort is 55.4% of per capita income. Viveiro is 21 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

9.4%

of estimated active population

Registered unemployed

658

people

Annual change

-6.8%

vs same month previous year

Source: SEPE (Spanish Public Employment Service)

How much do you need to earn to live in Viveiro?

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

14,698

net / year

€ gross / year

Enter your gross annual salary to see what rent in Viveiro means for your budget.

What would a mortgage cost in Viveiro?

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 Viveiro, saving that amount would take around 2.5 years.

What does it cost to live in Viveiro?

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: €1,225/month+38 margin

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

Climate

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

12.9°8.4°Jan13.6°8.4°Feb14.2°8.8°Mar15.7°10°Apr17.8°12.4°May20°14.8°Jun22.2°16.9°Jul22.7°17.5°Aug21.3°16°Sep19.5°14.1°Oct16°11.3°Nov14.6°9.7°Dec

Source: Open-Meteo · ERA5 reanalysis (ECMWF)

Rent index evolution

YearINE IPVA IndexEstimated rent
2023109.786417
2022108.538412
2021106.166403
2020104.459397

Frequently asked questions

How much does it cost to rent in Viveiro?

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

Have rents gone up or down in Viveiro?

Rent in Viveiro has risen by 1.1% compared to the previous year, per the INE IPVA index.

Is Viveiro expensive to rent compared to the national average?

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

How much do you need to earn to live in Viveiro?

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

What would a mortgage cost in Viveiro?

For an estimated property price of €85,000 in Viveiro (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).

Lugo province

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Other municipalities in Lugo

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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: 27066