What monthly budget to live in Andorra? The method to work it out
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The short answer
There is no reliable standard budget: housing makes the total vary by a factor of two. The right method is to fix the rent or loan, add the fixed costs, estimate the variable ones and plan a settling-in fund.
The method in four steps
- Housing: base it on a real listing. See listings.
- Fixed costs: energy, internet, insurance, healthcare.
- Variable costs: groceries, transport, leisure, schooling.
- Taxes: see IRPF.
Settling-in fund
Plan enough to cover the deposit, the first months of rent, equipment and gaps before income starts.
Details in cost of living.
A starting table, with sourced benchmarks
| Item | Official or sourced benchmark |
|---|---|
| Monthly gross minimum wage | 1,568.66 €verified on 09/10/2026 (net of employee contributions about 1,466.70 €verified on 09/10/2026) |
| Average price of an apartment (Q2 2026) | 4,569.70 €/m²verified on 09/10/2026 per m² |
| Annual inflation | 2.6 %verified on 12/10/2026 in January 2026, 4.8 %verified on 12/10/2026 in August 2026 (advance indicator) |
| IGI, general rate | 4.5 %verified on 09/10/2026 |
| IRPF | 10 %verified on 09/10/2026 after an exempt minimum of 24,000 €verified on 09/10/2026 |
An example of the method
For a single person who rents, add up the rent from a real listing, energy (heating in winter), internet, healthcare (CASS or insurance), transport, groceries and leisure, then deduct IRPF. Then compare with net income. The budget is decided by housing: see cost of living.
The items that surprise
- Energy and heating at altitude.
- The car, useful outside the two central urban areas.
- Ski passes for a family of skiers: see skiing in Andorra.
- Trips to France for family and healthcare.
A contingency fund
Set aside several months of expenses before leaving: residency timelines, housing, deposit and formalities all cost money before the first pay.
Frequently asked questions
Is a net income enough?
It depends on the housing: do the full calculation.
Does the budget change by parish?
Yes, especially for housing.
Going further
Official sources
This information is general and is not personalised legal, tax or financial advice. It is verified as of the date shown and may change.