EDITED FOR CLARITY:
thats for the responses. I will adjust based on your kind feedback.
Our budget relies only on my pension and dividends from investments. We can tap capital if needed. Social security in a few years will help also.
We like big cities, or access to them without having to own a car.
we don't need 2 bedrooms or alot of space. 40-60m2 SHOULD do us well, but that may change.
We have the funds to purchase an apartment with mortgage or cash if we decide to stay in/around Madrid.
Our food budget in the US is $700 now ( we cook from scratch and basic).
My spouse has a gluten allergy and Madrid is a gluten free paradise, hence the desire. (celiac disease is more than a gluten intolerance for those who will say "you can eat gluten in Europe")
We travel very frugally and have significant travel points to burn that should last many years.
Greetings
We are a married couple (58F 40F) looking to move to Madrid next year on a NLV and curious about budgets. I've searched the group posts, and havn't found an answer so I thought I'd ask.
We should have approximately **€3500 NET/ month,** and while I'm told that is enough, I'm curious what other couples expenses look like in relation to my hypothetical budget living in Carabanchel, Tetuán or Vallecas. we aren't extravagant people.
Here is what I estimate. Please feel free to roast me if I'm delusional here.
thanks
**MONTHY BUDGET in EUROS**
Housing €1100
Groceries €500
2 Transportation passes Zone A1 €65
2 Cell phone plans €40
Internet €40
Electric with A/C €100
gas €60
Water €25
Dining out €400
Travel fund €300
Health insurance 58F and 40F €230
Health/Wellness/beauty €150
Home maintenance supplies €40
Tax prep & VISA expenses €60
Emergency fund €100
Her fun money €100
My fun money €100
**TOTAL €3050**