Savings rate in Bilbao — are you on track?
Bilbao is a moderate cost city. Bilbao rents average €900/month; the Basque Country's strong industrial base supports above-average Spanish incomes. Bilbao earners benefit from Spain's highest regional wages alongside moderate costs — a good environment for hitting savings benchmarks.
Median rent
€900/mo
Bilbao 2022
Typical other costs
€950/mo
excl. housing
Savings benchmark
6–14%
mid-income EUR
Pre-set for Bilbao — adjust to your situation
What a good savings rate looks like in Bilbao
Using data from INE Encuesta de Presupuestos Familiares 2022, people at mid-range incomes in Spain typically save between 6–14% of gross income. In a moderate cost city like Bilbao, housing costs can compress that meaningfully — especially for renters.
Source: INE Encuesta de Presupuestos Familiares 2022. Benchmarks shown for mid-income earners in Spain.
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