A retiree's budget in Andorra: housing, bills, health and tax
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The short answer
A retiree's budget in Andorra is built from four items: housing, everyday costs, health and tax. The passive residency investment adds to the capital to plan for, and tax on the pension depends on your situation. Put a figure on each item before deciding.
Budget items
| Item | Where to work it out |
|---|---|
| Housing (buying or renting) | Prices by parish and renting |
| Passive residency | Cost simulator |
| Tax on the pension | IRPF simulator |
| Day-to-day living | Cost of living |
| Health | Health and insurance |
Useful orders of magnitude
- The minimum wage serves as a benchmark for the cost of a local job: 1,568.66 €verified on 09/10/2026.
- The average apartment price (transactions): 4,569.70 €/m²verified on 09/10/2026.
- Personal income tax applies a single rate of 10 %verified on 09/10/2026 after an exempt minimum of 24,000 €verified on 09/10/2026.
Method
- Set your monthly net income after estimated Andorran tax.
- Deduct housing (rent or mortgage payment and condominium charges).
- Add health, insurance, transport and day-to-day living.
- Keep a margin for the unexpected and for trips to France.
A budget built on sourced benchmarks
| Benchmark | Value | Source |
|---|---|---|
| Gross monthly minimum wage | 1,568.66 €verified on 09/10/2026 | Decree 253/2026 |
| Average apartment price | 4,569.70 €/m²verified on 09/10/2026 | Official statistics, 2nd quarter 2026 |
| Annual inflation, January 2026 | 2.6 %verified on 12/10/2026 | Statistics Department |
| Annual inflation, August 2026 (advance indicator) | 4.8 %verified on 12/10/2026 | Statistics Department |
| IRPF, single rate | 10 %verified on 09/10/2026 after an exempt minimum of 24,000 €verified on 09/10/2026 | IRPF law |
| IGI, general rate | 4.5 %verified on 09/10/2026 | IGI law |
Inflation in recent months has been driven by transport and fuel: a retiree's budget should allow a margin for energy and travel.
The items that weigh the most
- Housing, whether buying or renting.
- Health: private insurance if you are not affiliated to the CASS: see health and insurance.
- The fixed cost of passive residency: a minimum investment of 1,000,000 €verified on 09/10/2026 and a non-refundable payment of 50,000 €verified on 09/10/2026: see passive residency.
Calculating a monthly budget
Add up housing (rent or charges), health, energy, food, transport, leisure and tax, then compare with the net income from the pension. The IRPF simulator gives the tax, and the cost of living page the items.
Budgeting mistakes
- Forgetting that IGI is low but energy and housing are not.
- Not planning for trips to France for family and healthcare.
- Overlooking the taxation of the French pension: see pensions: the treaty.
Work out your own case
Free simulators, built on the official values of this page.
Frequently asked questions
Do you need a lot of capital to retire in Andorra?
Passive residency requires an investment and a payment: see the simulator. Your everyday budget depends on your housing.
Is altitude a problem?
For some people, winter and getting around matter: visit in every season before deciding.
Which costs should not be forgotten?
Health insurance, condominium charges, heating, vehicle and trips to France.
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.