Typical questions: Is it cheap to live in Andorra? - PSF Consultoría empresarial

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Typical questions: Is it cheap to live in Andorra?

Today we begin this series dealing with the most typical questions that people ask when it comes to living in Andorra. Let's start with the one that in our opinion is the most common, which is whether it is cheap or expensive to reside in Andorra, that is, the cost of living in the country.

Residing in Andorra is expensive or cheap depending on how you want to live, but in general the rent is a bit more expensive and the supplies much cheaper. You can find very cheap rents in certain ranges, especially in cases of flats of a certain cost, but usually are somewhat expensive, mainly in the capital. Services like water, electricity or internet are cheaper. In the case of water the cost is 0, light the cost is very reduced compared to Spain (> 50% of saving generally) and internet is something more economic. The thing with telephony and internet services is that only relatively high ranges are offered, so the costs are often high for the use they are given.
 
In general, at the level of food and shopping, prices are 5 to 10% lower, with the great incentive to have a full range of French products in addition to the usual Spanish range. The technology, if purchased well, is 10-15% cheaper and gasoline another 10-15%. You will earn the right to tax-free, which is very interesting for many things, but you can not expect a much more significant savings than the one obtained in the country with most of the articles.
 
In short, life is somewhat cheaper than in Spain, but rent can be the force that unbalances the savings that are generally developed. That is why in the residences generally we help to find accommodation, because in general it is the most determining part and at the same time the most complicated of the price to pay to reside in the country. Even so, in general the price level is lower here and it is a saving that is quite noticeable.

 

 

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About the Author

I finished the degree in Development of Computer Applications in Alcañiz and later I entered the financial market first as a systems programmer and then as a trader. During those years I finished my DBA Degree in the UNIR and later I obtained a master in Banking, Financial Markets and Patrimonial Management by the EAE. I also took a course in Financial Adviser from the UPV.

I have done consulting for various clients in both strategic and fiscal matters. I tend to offer integral solutions and now I take care of the administration of PSF. When there is an issue that requires knowledge of markets or investment, I also assume that competition.
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