Cost Of Living For a Single Person in San Marino 2025

Single person cost of living chart - individual average monthly expenditure in San Marino

Average Monthly Expenditure

Currency: EUR
440 3,100 21,000
MINIMUM AVERAGE MAXIMUM
$480 $3,400 $22,000

Average monthly spending for a single person or individual in San Marino

How much money does an individual need in a month to survive in San Marino?

A single person in San Marino spends around 3,100 EUR per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 440 EUR or as high as 21,000 EUR. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in San Marino


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in San Marino

Dining, food, and beverages costs


Fast food combo meal

4.9 EUR 9.8 EUR 16 EUR
MINIMUM AVERAGE MAXIMUM
$5.3 $11 $18

Restaurant meal for one

16 EUR 24 EUR 49 EUR
MINIMUM AVERAGE MAXIMUM
$18 $26 $53

Fine dining meal for one

33 EUR 49 EUR 200 EUR
MINIMUM AVERAGE MAXIMUM
$35 $53 $210

Cappuccino or latte

4.1 EUR 6.5 EUR 9.8 EUR
MINIMUM AVERAGE MAXIMUM
$4.4 $7 $11

Grocery and market costs


Milk large bottle

3.3 EUR 3.9 EUR 4.9 EUR
MINIMUM AVERAGE MAXIMUM
$3.5 $4.2 $5.3

12 eggs

2.4 EUR 3.3 EUR 4.9 EUR
MINIMUM AVERAGE MAXIMUM
$2.6 $3.5 $5.3

Fresh whole chicken

5.5 EUR 7.2 EUR 10 EUR
MINIMUM AVERAGE MAXIMUM
$6 $7.8 $11

Pack of beef

6.5 EUR 9.8 EUR 20 EUR
MINIMUM AVERAGE MAXIMUM
$7 $11 $21

Medium bag of rice

2.6 EUR 3.6 EUR 5.1 EUR
MINIMUM AVERAGE MAXIMUM
$2.8 $3.9 $5.5

Bag of tomatos

0.98 EUR 1.3 EUR 2.4 EUR
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.6

Bag of apples

1.7 EUR 2.3 EUR 3.8 EUR
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $4.1
Chart showing the prices and cost of commute, travel, and transportation in San Marino


Commute, travel, and transportation costs


20 minutes taxi ride

4.1 EUR 4.9 EUR 9.8 EUR
MINIMUM AVERAGE MAXIMUM
$4.4 $5.3 $11

Average car full tank

24 EUR 33 EUR 65 EUR
MINIMUM AVERAGE MAXIMUM
$26 $35 $70

Average car 1-day rental

24 EUR 33 EUR 49 EUR
MINIMUM AVERAGE MAXIMUM
$26 $35 $53

Average car price

12,000 EUR 24,000 EUR 33,000 EUR
MINIMUM AVERAGE MAXIMUM
$13,000 $26,000 $35,000

Bus ticket one way

0.81 EUR 1.2 EUR 2.4 EUR
MINIMUM AVERAGE MAXIMUM
$0.88 $1.3 $2.6

Car Service

33 EUR 49 EUR 98 EUR
MINIMUM AVERAGE MAXIMUM
$35 $53 $110
Chart showing the prices and cost of utility, energy, water, and gas in San Marino


Utility cost (monthly)


Utility Bill - Individual

27 EUR 190 EUR 1,200 EUR
MINIMUM AVERAGE MAXIMUM
$29 $200 $1,300

Internet and cable

24 EUR 49 EUR 65 EUR
MINIMUM AVERAGE MAXIMUM
$26 $53 $70

Mobile phone charges

20 EUR 33 EUR 98 EUR
MINIMUM AVERAGE MAXIMUM
$21 $35 $110

Leisure and activities costs


Movie ticket

12 EUR 16 EUR 24 EUR
MINIMUM AVERAGE MAXIMUM
$13 $18 $26

One month gym membership

39 EUR 49 EUR 98 EUR
MINIMUM AVERAGE MAXIMUM
$42 $53 $110
Chart showing the prices and cost of clothing and accessories in San Marino


Cloths and accessories costs


Pair of jeans or pants

29 EUR 41 EUR 61 EUR
MINIMUM AVERAGE MAXIMUM
$31 $44 $66

Woman dress

27 EUR 38 EUR 120 EUR
MINIMUM AVERAGE MAXIMUM
$29 $41 $130

Woman shoes

26 EUR 35 EUR 81 EUR
MINIMUM AVERAGE MAXIMUM
$28 $38 $88

Men's shoes

22 EUR 27 EUR 54 EUR
MINIMUM AVERAGE MAXIMUM
$24 $29 $59

Men suit

24 EUR 30 EUR 160 EUR
MINIMUM AVERAGE MAXIMUM
$26 $33 $180

Regular t-shirt

12 EUR 16 EUR 49 EUR
MINIMUM AVERAGE MAXIMUM
$13 $18 $53
Chart showing the prices and cost of housing, accommodation, and rent in San Marino


Housing costs / monthly rent


Studio apartment

410 EUR 610 EUR 1,600 EUR
MINIMUM AVERAGE MAXIMUM
$440 $660 $1,800

1-bedroom apartment

610 EUR 980 EUR 2,400 EUR
MINIMUM AVERAGE MAXIMUM
$660 $1,100 $2,600

2-bedroom apartment

810 EUR 1,200 EUR 3,300 EUR
MINIMUM AVERAGE MAXIMUM
$880 $1,300 $3,500

Housing costs / Buying


Studio apartment

81,000 EUR 120,000 EUR 240,000 EUR
MINIMUM AVERAGE MAXIMUM
$88,000 $130,000 $260,000

1-bedroom apartment

98,000 EUR 160,000 EUR 610,000 EUR
MINIMUM AVERAGE MAXIMUM
$110,000 $180,000 $660,000

2-bedroom apartment

160,000 EUR 490,000 EUR 980,000 EUR
MINIMUM AVERAGE MAXIMUM
$180,000 $530,000 $1.1M
Chart showing the prices and cost of furniture in San Marino


Furniture Costs


King Size Bed

490 EUR 610 EUR 810 EUR
MINIMUM AVERAGE MAXIMUM
$530 $660 $880

Double Bed

330 EUR 490 EUR 610 EUR
MINIMUM AVERAGE MAXIMUM
$350 $530 $660

Single Bed

290 EUR 380 EUR 490 EUR
MINIMUM AVERAGE MAXIMUM
$310 $410 $530

Living Room

540 EUR 700 EUR 2,400 EUR
MINIMUM AVERAGE MAXIMUM
$590 $760 $2,600

Dining Table

240 EUR 330 EUR 610 EUR
MINIMUM AVERAGE MAXIMUM
$260 $350 $660

Sofa or Couch

330 EUR 440 EUR 980 EUR
MINIMUM AVERAGE MAXIMUM
$350 $480 $1,100
Chart showing the prices and cost of electronic devices and appliances in San Marino


Electronics and House Appliance Costs


TV Set

330 EUR 490 EUR 980 EUR
MINIMUM AVERAGE MAXIMUM
$350 $530 $1,100

Fridge or Freezer

290 EUR 440 EUR 610 EUR
MINIMUM AVERAGE MAXIMUM
$310 $480 $660

Washing Machine

380 EUR 540 EUR 980 EUR
MINIMUM AVERAGE MAXIMUM
$410 $590 $1,100

Stove or Cooker

350 EUR 440 EUR 610 EUR
MINIMUM AVERAGE MAXIMUM
$380 $480 $660

Mobile Phone

410 EUR 490 EUR 700 EUR
MINIMUM AVERAGE MAXIMUM
$440 $530 $760

Laptop or Computer

440 EUR 540 EUR 980 EUR
MINIMUM AVERAGE MAXIMUM
$480 $590 $1,100
Single person or Individual cost of living and expenditure to income ratio in San Marino

Single person expenditure to income ratio in San Marino

Analysing the how affordable it is for an individual to live in San Marino

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

73%

64% to 82%

( expenditure / income ) x 100


Individuals in San Marino spend around 73% of their monthly income. Some individuals spend as low as 64% of their income while some as high as 82%.

Distribution of monthly cost of living expenses of a single person in San Marino

How do individuals spend their money in San Marino?

We asked thousands of individuals about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for individuals

Accomodation Cost35%

35% of total expenses on average (23% to 47%)

LOW$170   160 EUR
AVERAGE$1,200   1,100 EUR
HIGH$8,100   7,400 EUR
Per Month

Individuals in San Marino typically spend from 23% to 47% of their total monthly expenditure on housing with 35% being the average. The average monthly spend on housing is 1,100 EUR with expenditure ranging from 160 EUR to 7,400 EUR. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for individuals

Cost of utilities6%

6% of total expenses on average (2% to 11%)

LOW$29   27 EUR
AVERAGE$200   190 EUR
HIGH$1,300   1,200 EUR
Per Month

Utility expenditure like electricity, water, and gas in San Marino ranges from 2% to 11% of total expenses with 6% being the average for most individuals. The average monthly cost of utilities is 190 EUR with 27 EUR and 1,200 EUR being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel8%

8% of total expenses on average (6% to 14%)

LOW$38   35 EUR
AVERAGE$270   250 EUR
HIGH$1,800   1,700 EUR
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 35 EUR to 1,700 EUR in a month on commuting with 250 EUR being the norm for most individuals. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 6% or as high as 14%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost16%

16% of total expenses on average (10% to 21%)

LOW$77   71 EUR
AVERAGE$540   500 EUR
HIGH$3,600   3,300 EUR
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in San Marino is 500 EUR. The cost of groceries can range between 71 EUR to 3,300 EUR. Individuals spend on average about 16% on food and groceries with upper and lower bounds of 10% and 21% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare9%

9% of total expenses on average (3% to 13%)

LOW$43   40 EUR
AVERAGE$300   280 EUR
HIGH$2,000   1,900 EUR
Per Month

Individuals in San Marino allocate 3% to 13% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 40 EUR to 1,900 EUR with 280 EUR being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping5%

5% of total expenses on average (4% to 8%)

LOW$24   22 EUR
AVERAGE$170   150 EUR
HIGH$1,100   1,000 EUR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 22 EUR to 1,000 EUR with 150 EUR being the average. Speaking of percentages, that equates to 4% to 8% of total expenses with an average of 5% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling2%

2% of total expenses on average (1% to 4%)

LOW$9.6   8.8 EUR
AVERAGE$67   62 EUR
HIGH$450   410 EUR
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 2% of the monthly expenditure of individuals with 1% and 4% being the lower and upper bounds respectively. The average reported education cost is 62 EUR per month with 8.8 EUR being the minimum spent amount and 410 EUR being the maximum.

Other Expenses18%

18% of total expenses on average (10% to 22%)

LOW$86   80 EUR
AVERAGE$600   560 EUR
HIGH$4,000   3,700 EUR
Per Month
Percentage of individuals who manage to save money from their income every month in San Marino

What percentage of individuals in San Marino are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
73%
Not Saving
27%

Almost 73% of surveyed individuals in San Marino said that they can save some money at the end of each month while 27% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in San Marino

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do individuals manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

17% 28% of income 36%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

140 EUR
$160
1,300 EUR
$1,400
8,600 EUR
$9,300
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%26%
10% - 20%21%
20% - 30%15%
30% - 40%19%
40% - 50%14%
> 50%5%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 17% to 36% of their monthly income to their savings, with 28% being the average for most individuals. The average monthly amount of money that individuals can put aside is 1,300 EUR with 140 EUR and 8,600 EUR being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in San Marino

Saving Challenges in San Marino

Reasons that make it difficult for individuals to save money

We wanted to understand what is stopping people from maximizing their savings in San Marino. Listed below are the answers given by the survey participants.


Reason% People
Low Income8%
High Expenses11%
Debt and Loans22%
Lack of Budgeting Skills9%
Impulsive Spending7%
Financial Emergencies5%
Living the moment8%
Will do it later14%
Inflation9%
Social Pressure4%
Market Instability4%

Around 8% of the individuals said that their salary is too low to accommodate a portion for savings while 11% said that the high cost of living leaves little room for savings. 22% of the residents said that they are burdened with debt and find it challenging to save money. 9% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 7% of individuals blamed impulsive spending as the reason for saving inability. Around 5% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 8% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 14% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 9% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 4% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 4% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in San Marino

Typical saving choices for individuals in San Marino

Where do people choose to put their savings?


Saving Type% People
Emergency Funds9%
Gold8%
Savings Accounts18%
Retirement Accounts13%
Cash Savings12%
Real Estate11%
Investment7%
Stocks8%
Bonds8%
Mutual Funds4%
Certificates of Deposit4%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for individuals to live in San Marino

Affordable living in San Marino

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in San Marino?


Yes
81%
No
19%

Around 81% of surveyed individuals think that living in San Marino is affordable with proper budgeting while 19% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in San Marino

Low-cost alternatives in San Marino

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options63%

Few low-cost options37%


Based on the survey, 63% of the individuals living in San Marino have no problem finding low-cost alternatives to support a frugal lifestyle while 37% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Individuals

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked individuals of San Marino whether they have an emergency fund and the answers were as follows.

Yes80%

No20%


Based on the survey, 20% of the individuals living in San Marino said that they don't have an emergency fund while 80% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in San Marino

Financial Literacy in San Marino

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy76%


We asked individuals in San Marino whether they acquired any adequate personal financial training in their lives. Approximately 24% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 76% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether single people of San Marino have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 17% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 83% said that they have everything under control.

Struggles with finance17%

Easily manages finances83%

Financial goals and targets of single people living in San Marino

Financial goals of individuals in San Marino

In an attempt to understand the economic situation in San Marino, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund5%
Debt Reduction25%
Retirement Savings6%
Education Funding10%
Homeownership15%
Investing11%
Travel or Lifestyle14%
Healthcare Expenses5%
Financial Independence11%

Around 5% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 25% said their number one priority is to pay off high-interest debt or loans and improve credit. 6% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 10% reported that their priority is saving for the tuition fees and education costs of their children while 15% choose to buy a home or pay off existing mortgage before other things. 11% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 14% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 5% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in San Marino

Debt, loans, and mortgages in San Marino


Percentage of individuals who are in debt


In Debt
23%
Debt Free
77%

According to the survey, 23% of the individuals in San Marino have some kind of debt, loan, mortgage, or credit card payments while 77% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in San Marino

Debt-to-income ratio in San Marino

Debt to income ratio

26%

16% to 36%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 26% of a single person's monthly income in San Marino goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%2%
50% - 60%6%
40% - 50%9%
30% - 40%11%
20% - 30%19%
10% - 20%24%
0% - 10%30%

According to our data, 2% of the debtors in San Marino pay 60%+ of their income as debt settlement while 6% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 9% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 11% dedicated 30% to 40% of income for same. Things are looking brighter for 19% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in San Marino

Debt% People
Real Estate Mortgage17%
Auto Loan28%
Student Loan2%
Credit Card21%
Personal Loan31%

17% of debtors in San Marino confirm that real estate mortgages constitutes the main part of their outstanding debt while 21% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 28% of people and personal loans rose at 31%. Lastly, student loans are the main source of debt for 2% of debtors in San Marino.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in San Marino

Besides measuring the loan-to-income ratio, we asked individuals of San Marino how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never59%
Once a year20%
Twice a year10%
Three times a year7%
Four times a year3%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in San Marino

Housing costs, accommodation, and housing affordability in San Marino

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in San Marino

Monthly Rent Prices

Studio apartment monthly rent cost

410 EUR 610 EUR 1,600 EUR
MINIMUM AVERAGE MAXIMUM
$440 $660 $1,800

1-bedroom apartment monthly rent cost

610 EUR 980 EUR 2,400 EUR
MINIMUM AVERAGE MAXIMUM
$660 $1,100 $2,600

2-bedroom apartment monthly rent cost

810 EUR 1,200 EUR 3,300 EUR
MINIMUM AVERAGE MAXIMUM
$880 $1,300 $3,500

3-bedroom apartment monthly rent cost

980 EUR 1,600 EUR 4,400 EUR
MINIMUM AVERAGE MAXIMUM
$1,100 $1,800 $4,800

Furnished apartment monthly rent cost

2,000 EUR 4,900 EUR 9,800 EUR
MINIMUM AVERAGE MAXIMUM
$2,100 $5,300 $11,000

Townhouse monthly rent cost

1,600 EUR 2,400 EUR 7,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,800 $2,600 $7,600

House monthly rent cost

2,000 EUR 4,900 EUR 9,800 EUR
MINIMUM AVERAGE MAXIMUM
$2,100 $5,300 $11,000

Villa monthly rent cost

2,400 EUR 6,100 EUR 9,800 EUR
MINIMUM AVERAGE MAXIMUM
$2,600 $6,600 $11,000

The monthly rental cost of a studio apartment in San Marino ranges between 410 EUR and 1,600 EUR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 610 EUR to 2,400 EUR. Two-bedroom rentals rate ranges between 810 EUR and 3,300 EUR per month. The monthly rental for a three-bedroom apartment ranges from 980 EUR to 4,400 EUR. The average rent of a townhouse in San Marino is around 2,400 EUR while house rental costs can be as high as 4,900 EUR per month. Finally, if you want to rent a villa, expect to pay anywhere from 2,400 EUR to 9,800 EUR per month.



Apartment and house prices in San Marino

Cost of buying a property

Studio apartment price

81,000 EUR 120,000 EUR 240,000 EUR
MINIMUM AVERAGE MAXIMUM
$88,000 $130,000 $260,000

1-bedroom apartment price

98,000 EUR 160,000 EUR 610,000 EUR
MINIMUM AVERAGE MAXIMUM
$110,000 $180,000 $660,000

2-bedroom apartment price

160,000 EUR 490,000 EUR 980,000 EUR
MINIMUM AVERAGE MAXIMUM
$180,000 $530,000 $1.1M

3-bedroom apartment price

540,000 EUR 810,000 EUR 2.4M EUR
MINIMUM AVERAGE MAXIMUM
$590,000 $880,000 $2.6M

Townhouse price

700,000 EUR 1.6M EUR 6.1M EUR
MINIMUM AVERAGE MAXIMUM
$760,000 $1.8M $6.6M

House price

810,000 EUR 4.9M EUR 7M EUR
MINIMUM AVERAGE MAXIMUM
$880,000 $5.3M $7.6M

Villa price

980,000 EUR 5.4M EUR 8.1M EUR
MINIMUM AVERAGE MAXIMUM
$1.1M $5.9M $8.8M

The average price of a studio apartment in San Marino can range from 81,000 EUR to 240,000 EUR depending on location. One bedroom cost can be anywhere from 98,000 EUR to 610,000 EUR. A villa can cost you 5.4M EUR on average with prices ranging from 980,000 EUR to 8.1M EUR.


If you're leasing or purchasing, housing costs in San Marino will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


48 x143 monthly income 226
MINIMUM AVERAGE MAXIMUM

Property prices in San Marino can be x143 to x226 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x143 multiples of the average monthly salary in San Marino.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


24% 34% of income 44%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in San Marino is around 34%. This means that people pay 34% of their income for rent. Those figures can range from 24% to 44% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
32%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.4%
AVERAGE
3.4%
TO
4.4%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


6.9 EUR 89 EUR 890 EUR
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in San Marino

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in San Marino

Utility Bill Cost / Electricity + Water + Gas / A single person

27 EUR 190 EUR 1,200 EUR
MINIMUM AVERAGE MAXIMUM
$29 $200 $1,300

Internet and cable cost

24 EUR 49 EUR 65 EUR
MINIMUM AVERAGE MAXIMUM
$26 $53 $70

Mobile phone bill and charges

20 EUR 33 EUR 98 EUR
MINIMUM AVERAGE MAXIMUM
$21 $35 $110

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of individuals is around 190 EUR. The cost of internet and WiFi ranges from 24 EUR to 65 EUR with 49 EUR being the average internet bill. Finally, the average monthly mobile charges is around 33 EUR but can range between 20 EUR and 98 EUR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


1% 4% of income 8%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in San Marino is around 4%. This means that people pay 4% of their income for energy, water, internet, and mobile charges. Those figures can range from 1% to 8% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in San Marino

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in San Marino

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

4.9 EUR 9.8 EUR 16 EUR
MINIMUM AVERAGE MAXIMUM
$5.3 $11 $18

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in San Marino is approximatly 9.8 EUR with meal cost ranging from 4.9 EUR to 16 EUR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

16 EUR 24 EUR 49 EUR
MINIMUM AVERAGE MAXIMUM
$18 $26 $53

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 16 EUR and 49 EUR with 24 EUR being the average price of a plate for one person at a regular restaurant in San Marino.

Fine dining meal for one price

33 EUR 49 EUR 200 EUR
MINIMUM AVERAGE MAXIMUM
$35 $53 $210

The price range of a meal at fine-dining restaurant is 33 EUR to 200 EUR with the average cost being 49 EUR for one person. This is what you would expect to pay a top-tier diner in San Marino.

Beverage prices, cappuccino, latte etc..

4.1 EUR 6.5 EUR 9.8 EUR
MINIMUM AVERAGE MAXIMUM
$4.4 $7 $11

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in San Marino is around 6.5 EUR. Price ranges between 4.1 EUR and 9.8 EUR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

3.3 EUR 3.9 EUR 4.9 EUR
MINIMUM AVERAGE MAXIMUM
$3.5 $4.2 $5.3

The average price of a large bottle of milk in San Marino is 3.9 EUR. The maximum what you would pay for milk is 4.9 EUR and the minimum being 3.3 EUR depending on the brand of milk and other properties.

12 eggs price

2.4 EUR 3.3 EUR 4.9 EUR
MINIMUM AVERAGE MAXIMUM
$2.6 $3.5 $5.3

A dozen eggs costs around 3.3 EUR on average with 2.4 EUR and 4.9 EUR being the lower and upper limits respectively.

Fresh whole chicken price

5.5 EUR 7.2 EUR 10 EUR
MINIMUM AVERAGE MAXIMUM
$6 $7.8 $11

The price range of a fresh whole chicken in San Marino is between 5.5 EUR and 10 EUR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 7.2 EUR.

Pack of beef price

6.5 EUR 9.8 EUR 20 EUR
MINIMUM AVERAGE MAXIMUM
$7 $11 $21

The price of a regular pack of beef or meat is around 9.8 EUR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

2.6 EUR 3.6 EUR 5.1 EUR
MINIMUM AVERAGE MAXIMUM
$2.8 $3.9 $5.5

A bag of rice in San Marino costs around 3.6 EUR on average with prices rangeing between 2.6 EUR and 5.1 EUR depending on the brand and quality.

Bag of tomatos price

0.98 EUR 1.3 EUR 2.4 EUR
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $2.6

A bag of tomatoes costs anywhere from 0.98 EUR to 2.4 EUR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.7 EUR 2.3 EUR 3.8 EUR
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $4.1

A bag of apples costs 2.3 EUR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


16% 24% of income 30%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in San Marino is around 24%. This means that individuals spend 24% of their income on grocery and basic household items. The expenditure can range from 16% to 30% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 71 EUR to 3,300 EUR with the location, income being the most determinite factors.

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