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If you've ever considered moving to Portugal, one of the first questions that likely crossed your mind is, "What is the cost of living in Portugal?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Portugal and whether the reported $1652 per month figure aligns with the average monthly salary of $935.66.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
7.64 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
34.86 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
6.21 $ |
|
Domestic Beer (1 pint draught) |
1.91 $ |
|
Imported Beer (12 oz small bottle) |
1.91 $ |
|
Cappuccino (regular) |
1.39 $ |
|
Coke/Pepsi (12 oz small bottle) |
1.31 $ |
|
Water (12 oz small bottle) |
0.94 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
0.64 $ |
|
Loaf of Fresh White Bread (1 lb) |
1.07 $ |
|
Rice (white), (1 lb) |
0.97 $ |
|
Eggs (regular) (12) |
1.84 $ |
|
Local Cheese (1 lb) |
6.95 $ |
|
Chicken Fillets (1 lb) |
5.17 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8.79 $ |
|
Apples (1 lb) |
1.57 $ |
|
Banana (1 lb) |
1.09 $ |
|
Oranges (1 lb) |
1.21 $ |
|
Tomato (1 lb) |
1.53 $ |
|
Potato (1 lb) |
0.92 $ |
|
Onion (1 lb) |
1.05 $ |
|
Lettuce (1 head) |
0.95 $ |
|
Water (1.5 liter bottle) |
0.51 $ |
|
Bottle of Wine (Mid-Range) |
3.82 $ |
|
Domestic Beer (0.5 liter bottle) |
1.03 $ |
|
Imported Beer (12 oz small bottle) |
1.79 $ |
|
Cigarettes 20 Pack (Marlboro) |
4.78 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
1.53 $ |
|
Monthly Pass (Regular Price) |
38.2 $ |
|
Taxi Start (Normal Tariff) |
3.1 $ |
|
Taxi 1 mile (Normal Tariff) |
0.76 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
14.33 $ |
|
Gasoline (1 gallon) |
1.93 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
24831.93 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
26246.97 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
103.69 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.14 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
32.01 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
32.37 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
11.08 $ |
|
Cinema, International Release, 1 Seat |
6.69 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
328.92 $ |
|
International Primary School, Yearly for 1 Child |
7018.83 $ |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
70.91 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
28.61 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
63.93 $ |
|
1 Pair of Men Leather Business Shoes |
73.02 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
706.02 $ |
|
Apartment (1 bedroom) Outside of Centre |
537.54 $ |
|
Apartment (3 bedrooms) in City Centre |
1218.63 $ |
|
Apartment (3 bedrooms) Outside of Centre |
883.43 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
2833.92 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1910.87 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
935.66 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
2.15 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 7.64 USD, while a three-course dinner for two at a mid-range restaurant generally costs 34.86 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 0.64 USD, a loaf of bread 1.07 USD, and a dozen eggs approximately 1.84 USD.
Public transport is relatively affordable, with a single trip priced at about 1.53 USD and a monthly pass around 38.2 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 103.69 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 32.37 USD, while an hour on a tennis court on weekends costs about 11.08 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 328.92 USD. For international schooling options, annual tuition can reach approximately 7018.83 USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 70.91 USD, and mid-range Nike sneakers are priced around 63.93 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 706.02 USD per month, while one outside the center costs around 537.54 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 2833.92 USD, while in the suburbs, it's closer to 1910.87 USD.
The average monthly net salary here is about 935.66 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 2.15% annually.
Portugal
Overall, Portugal is very safe to travel to. Its crime rates are very low, and pickpockets are the biggest concern you'll have to deal with while on a holiday there. Have your wits with you and be vigilant at all times.
Transportation and taxi services are very reliable and safe in Portugal. Watch out for pickpockets in public transportation and avoid entering empty metro carriages.
There is a high risk of encountering a pickpocket since this is a top tourist destination. You should be extremely careful when it comes to your valuables, keep them safe in your accommodation or at least don't carry them all in one place. Be especially vigilant on public transportation.
There are no serious threats when it comes to natural disasters in Portugal. Occasional floods have been a recurring natural disaster the last century, followed by earthquakes, but those are unlikely to happen.
When it comes to mugging, it is not common, though there is a certain degree of risk when it comes to this issue. You should avoid empty, deserted or poorly lit streets, and in such an occasion, hand over your possessions immediately and never resist.
Although there haven't been any terrorist attacks in Portugal's recent history, they shouldn't be ruled out, so be aware of your surroundings at all times.
As in any tourist destination, and especially a top tourist destination such as Portugal, there is a heightened risk of getting scammed. Check every change twice, negotiate everything beforehand and never give your money before you receive the service you're paying for.
Portugal is, in general, very safe for women traveling solo. Apart from a few precaution rules you should apply in order to minimize your chances of something going wrong, if you avoid poorly lit and deserted streets and follow your common sense, your trip should go smoothly.
For many countries, visas are not required for any stays shorter than 90 days. Any longer than that, you might have to obtain a visa. Make sure your passport is valid for at least six months from your planned date of return. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
Euro is the official currency in Portugal. Portugal is cheaper than most top destinations in Europe, but it's similar to Spain, so plan on spending between 50 and 70 euros a day including accommodation. ATMs are widely available and credit cards accepted in most establishments.
Portugal is one of the warmest countries in Europe. It has a temperate moist forest climate, characterized by wet winters and dry summers. July is the hottest month in Algarve with an average temperature of 24°C and the coldest month is January at 12°C with as much as 12 hours of sunshine in August.
The busiest airport in Portugal is Humberto Delgado Airport, sometimes referred to as Lisbon Airport and Portela Airport. It is located 7km from the city center of Lisbon, Portugal's capital.
Just like anywhere else, we recommend getting travel insurance when traveling to Portugal, since it covers not only the costs of medical problems but also theft and loss of valuables.