Cost of Living: How much does it cost to live in Portugal?
Source: https://www.justlanded.com/
No doubt you would like to try to estimate how far your euros will stretch and how much money (if any) you will have left after paying your bills.
The cost of living in Portugal has risen considerably in the last decade or so and in the major cities is now around the EU average, although it’s still relatively low in rural areas. The country has a low standard of living compared with most other EU countries. In the UBS Prices & Earnings Around the Globe report (2000 edition), Lisbon ranked 47th out of the 58 most expensive cities in the world. Inflation is low at less than 3 per cent, although unemployment is relatively high, particularly in resort areas.
In the last few decades, increased costs (particularly salaries) have brought the price of many goods and services in Portugal in line with most other European countries and imported goods can be particularly expensive. Among the more expensive items in Portugal are quality clothes (although fewer are needed in resort areas), cars and many consumer goods. Shopping for expensive consumer and household goods in other European countries or North America can yield considerable savings.
However, many things in Portugal remain cheaper than in northern European countries, including property and rents outside the major cities and top resort areas (where they can be astronomical), fresh food, alcohol, dining out and general entertainment.
It’s difficult to calculate an average cost of living in Portugal, as it depends very much on each individual’s particular circumstances and lifestyle. The actual difference in your food bill will depend on what you eat and where you lived before moving to Portugal. Food in Portugal costs around the same as in the USA, but is cheaper than in most northern European countries. €200 to €300 should feed two adults for a month, including (inexpensive) wine but excluding fillet steak, caviar and expensive imported foods.
A couple owning their home can ‘survive’ on a net income of as little as €1,000 per month (many pensioners actually live on less) and most can live quite comfortably on an income of around €2,000 per month (excluding rent or mortgage payments). In fact most northern Europeans who live modestly in Portugal without over-doing the luxuries will find that their cost of living is up to 50 per cent lower than in their home country.
Related Blogs
-
Aug 7, 2022Portugal is the cheapest…
Source: A three-course meal for a family of four with coffee, beer, and Coca-Cola costs £44.14 Portugal is the..
-
Jan 1, 1970Enjoy a Low Cost…
Source: In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with..
-
Jan 1, 1970
Portugal is the cheapest…
Source: A three-course meal for a family of four with coffee, beer, and Coca-Cola costs £44.14 Portugal is the..
-
Jan 1, 1970Lisbon for Under 5…
Source: Image source: Sun, surf and low rents: why Lisbon could be the next tech capital Lisbon’s 25 April..
-
Jan 10, 2021Money and costs in…
Source: DAILY COSTS BUDGET (up to) €50 Dorm bed: €15–22 Basic hotel room for two: from €30 Lunch special at..
-
Mar 7, 2021Enjoy A Low Cost…
Source: In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with..
-
Jan 1, 1970Health Care System in…
Source: Health Care The World Health Organization ranks the effectiveness of care in Portugal at number 12 in the world,..
-
Jan 7, 2020Lisbon Helicopters Offers Aerial…
Source: New flightseeing attraction takes off to provide visitors with a bird's-eye view of the city and beyond Lisbon visitors often..
-
Jan 1, 1970
Enjoy a Low Cost…
Source: In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with..
-
Jan 1, 1970
Health Care in Portugal
Source: Health Care The World Health Organization ranks the effectiveness of care in Portugal at number 12 in the world,..
-
Mar 1, 2020Ten free things to…
With its stunning setting, sunny climate and an alluring mixture of old world charms and hip nightlife, it is no..
-
Jan 2, 2018
Portugal is the cheapest…
Source: A three-course meal for a family of four with coffee, beer, and Coca-Cola costs £44.14 Portugal is the..
-
Jan 1, 2018
Health Care
Source: Health Care The World Health Organization ranks the effectiveness of care in Portugal at number 12 in the world,..
-
Jan 12, 2017
Enjoy a Low Cost…
Source: In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with..
-
Jan 10, 2017
Portugal is the cheapest…
Source: A three-course meal for a family of four with coffee, beer, and Coca-Cola costs £44.14 Portugal is the..
-
Jan 9, 2017
Money and costs in…
Source: DAILY COSTS BUDGET (up to) €50 Dorm bed: €15–22 Basic hotel room for two: from €30 Lunch special at..
-
Jan 8, 2017Top 5 free –…
Source: What I can tell you is that Porto is a cool city with a bohemian atmosphere, a city where..
-
Jan 7, 2017
Health Care System in…
Source: Health Care The World Health Organization ranks the effectiveness of care in Portugal at number 12 in the world,..
-
Jan 1, 1970Portugal´s Reasonable Housing Costs
Source: With the economic crisis in Europe still hitting Portugal hard, it’s a buyer’s market for real estate and a..
-
Jan 1, 1970
Enjoy A Low Cost…
Source: In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with..
-
Jan 1, 1970About Portugal – Cost…
Source: Before travelling, consult the indicated average prices of certain products and services, in order to gain an idea of..
-
Oct 4, 2017Cost of Living in…
Source: Image source: The country's economic difficulties have resulted in the overall cost of living in Greece actually becoming cheaper,..
-
Mar 4, 2017
Lisbon for Under 5…
Source: Image source: Sun, surf and low rents: why Lisbon could be the next tech capital Lisbon’s 25 April..
-
Jan 1, 1970Lisbon for Under 5…
Lisbon is not an expensive capital city when compared to the rest of Western Europe and, apart from roaming it’s..
-
Jan 1, 1970
Top 5 free –…
As I’ve been to Porto in the last few days and while I still have clear memories of my trip’s..
-
Jan 1, 1970Ten unusual things to…
Source: Here are ten quirky and cool things you can do in Lisbon for less than 100 euros, total! Enjoy..
-
Jan 1, 1970Renting a House or…
Source: Image source: How to find and lease accommodation in Greece... Finding a rental property in Greece is relatively easy and..
-
Jun 2, 2017Living in Greece as…
Source: Image source: The prospect of living in Greece is inviting for many expatriates. Greece is an extremely vibrant country..
-
Jan 1, 1970
Lisbon for Under 5…
Source: Image source: Sun, surf and low rents: why Lisbon could be the next tech capital Lisbon’s 25 April..
-
Jan 1, 1970Prices in Greece
Source: http://greeklandscapes.com/ Image source: Greece used to be one of the most affordable destinations of Europe, but after the country joined..
-
Jan 1, 1970
Cost of Living in…
Source: Image source: The country's economic difficulties have resulted in the overall cost of living in Greece actually becoming cheaper,..
-
Sep 1, 2017Living in Greece
Source: Image source: The prospect of living in Greece is inviting for many expatriates. Greece is an extremely vibrant country..
-
Feb 1, 2017
Money and costs in…
Source: DAILY COSTS BUDGET (up to) €50 Dorm bed: €15–22 Basic hotel room for two: from €30 Lunch special at..
-
Jan 1, 1970Cost of living in…
Source: Portugal is, without doubt, one of the best places in Europe to find a low cost of living. However,..
-
Dec 12, 2016One of the best…
Source: HAVE YOU THOUGHT ABOUT OWNING A HOUSE IN PORTUGAL? If you've already been here on holiday, why don't you..
-
Jan 1, 1970
Portugal is the cheapest…
Source: A three-course meal for a family of four with coffee, beer, and Coca-Cola costs £44.14 Portugal is the cheapest..
-
Jan 1, 1970
Health Care
Source: Health Care The World Health Organization ranks the effectiveness of care in Portugal at number 12 in the world,..
-
Jan 1, 1970
Enjoy a Low Cost…
Source: In Portugal, you can enjoy a low cost of living similar to that in Latin America’s more developed countries…with..
-
Oct 10, 2016Public transportation in Portugal
Source: If you are travelling or moving to Portugal, you don't need to worry about public transport not being efficient...
-
Mar 10, 2016
Lisbon for Under 5…
Lisbon is not an expensive capital city when compared to the rest of Western Europe and, apart from roaming it’s..
-
Jan 1, 1970
Top 5 free –…
As I’ve been to Porto in the last few days and while I still have clear memories of my trip’s..
-
Jan 1, 1970
Ten free things to…
With its stunning setting, sunny climate and an alluring mixture of old world charms and hip nightlife, it is no..