Wednesday, 6 December 2017

Survey Shows Choosing the Right Supermarket in Spain saves Up to €3,000

The cost of living in Spain is still 
considerably cheaper than Northern Europe
Survey Shows Choosing the Right Supermarket in Spain saves Up to €3,000

The price differences between the cheapest and most expensive supermarkets in Spain could be as much as €3,013 per year for some regions according to a new consumer group study.

If you’re shopping at Alcampo – the cheapest Spanish supermarket chain – in Madrid, then you could be spending an average of €2,850 a year to feed your family; much less than the €7,329 per year you would be spending with Sanchez Romero; the most expensive supermarket chain.

The survey was performed by the Organization for Consumers and Users (OCU) and it found that the average disparity between the cheapest and most expensive stores in Spain is €909 per year.

Madrid and Barcelona are where the most expensive Spanish supermarkets can be found, with the city of Granada in Andalucía is home to the cheapest; the Dani Supermarket of Melchor Almagro Street, which is beloved by students for the cheap prices. Alcampo in Vigo is the second-cheapest Spanish supermarket, followed by an additional three Dani chains in Granada.

The city of Granada has the distinction of being the cheapest city in Spain for grocery shopping. The average shopping bill is around €4,051 per year for the city. The figure could be lower if more people stuck with Dani, but the OCU analysis wished to paint a broad and realistic picture of Spanish grocery prices.

The data analysed over 164,000 prices across 1,137 stores across Spain, covering 233 different products in total including fresh food, hygiene commodities, and drugs. There’s less choice in the smaller cities, making Crudad Real and Segovia two of the most expensive Spanish cities.

The cheapest chains after Alcampo were Mercadona, Simply Market, Carrefour, Maxi Dia, Eroski, and Lidl. Mercadona was the cheapest option for around half of all the Spanish cities in the study.

El Corte Ingles, Carrefour Express, and Supercor were some of the more expensive chains.

The data from the OCU shows that the German supermarket chain Lidl increased their prices by 4.3% compared to last year – the highest such increase in Spain – while Lupa, BM Urban, and Mas y Mas dropped their prices by between 2 and 3% compared to last year.