Hello, it's me. So after talking with a few of you I thought I would share this info with all.
Keep in mind that this is my thinking...and got me going the first couple months and year in Madrid.
I'll be charging 10 euros for all this valuable info or maybe a few cañas. Jk bout the money. But those cañas we will have to talk.
So you wanna know what budgeting looks like. Good cuz me too.
Let's look at what you should be expecting for rent! Imagine you want to live in the center....I'm living in La Latina and lived in Atocha last year.
Really consider living in the center even if your school is outside the center. If that's the case be near a major Cercanias or bus station. You'll thank me later. You can always sleep on the train.
Rent and deposit (fianza is what they call deposit) will be your main priority. Look for anywhere 2-5 roommates. Its not necessarily cheaper with more roommates. Try to find a place that is within 350-450 euros. It can get demanding with all the new Auxiliares and students coming to Madrid. But you'll be fine. It will happen. Be flexible. Right there expect to have 350-450 for deposit. Plus the month of September and Octobers rent. So let's say you find a room that's 375. Rough figure of 375x3=1125....deposit plus first two months because you don't get paid till November. It adds up quick but that's what you will most likely be looking at. BUT WAIT TIL YOU GET TO MADRID BEFORE YOU GET SOMETHING!
Transportation. If you're young wild and free and under 26...sorry my BFF, you know who you are. Your cost is 20 euros a month for transportation. Unlimited metro and bus use within zone A. (City Center) That's called an Abono and will be talked about during orientation. So relax those thoughts. Nothing to worry about now.
Let's look at spending money once you get there on getting settled. Things can be cheap or expensive when it comes to bedding, towels, accessories, decorations. Figure about 100 euros for all of the basic bedroom things.
You can be smart and budget well or be a Snorlax...who I just caught on Pokemon Go..... Anyways I've never spent more than 30 euros at the grocery store for the week.
Then there's drinking and eating out money. Which can easily be 20 euros a day if you go out and eat a meal plus a couple beers. I'm a social guy so I may have spent more than that....whoops.
Then whatever else you plan on doing. There's tons of free stuff. And there's cheap food and drinks. But keep in mind you'll want to go out with friends and such.
It all adds up quick and that first two months are the hardest to budget for. But just be aware of what you are spending.
Phone- wait till you get there and see a similar post with more detailed info but figure 15 euros for SIM card and 20 for 2 gigs with Orange.
You can easily pick up private lessons and charge 15-20 euros a class. Which adds up. Which helps a lot!
Travel can be cheap or expensive depending where you want to go and how to get there. Plus hostels, airbnbs, food and spending money.
I didn't do many big travels at the beginning because of expenses.
Hope all of this doesn't freak you out but it's realistic.
Let me know if you need any clarification or any other questions. I'm here to help!
Dreamer. Lost in the moment.
Podunk Wyoming native, living and thriving in Madrid. Lover of Craft beer and art.