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The Cost of Living in Portugal: Budgeting for Your New Portuguese Life

As of 2024, Portugal continues to be an attractive destination for its relatively affordable cost of living, especially when compared to other Western European countries.

On the Pure Portugal Living The Good Life Facebook Page the topic of budgets comes up at least a few times a month. Whether you’re planning to move to Portugal or just curious about the expenses, here’s an overview of the living costs you can expect, including utilities, groceries, healthcare, and leisure activities.

Utilities and Housing (rough figures!)

The cost of utilities for a standard 85m2 apartment averages around €109-€147 monthly. This includes basic electricity, heating, cooling, water, and garbage. Internet costs are approximately €36 per month for a decent speed plan.

When it comes to housing, rents vary greatly depending on location and the type of accommodation. For example, a 45m2 furnished studio in a normal area costs anything from around €711-€957 per month, while in an expensive area, this could be around €994-€1,397. For a larger 85 m2 furnished accommodation, rents in normal areas are about €957, and in expensive areas, they can reach up to €1,397.

Food and Groceries

Groceries in Portugal are reasonably priced. A basic lunchtime menu including a drink in the business district is around €11, and a combo meal in a fast-food restaurant is about €8. For home cooking, essentials like milk cost around €0.97 p litre, a dozen eggs €3.17, kilogram of tomatoes approximately €2.14. For those who enjoy a tipple, a good quality bottle of red wine is about €6.

Transportation

Portugal’s public transportation is affordable. A one-way local transport ticket costs around €1.95, and a monthly pass is about €40. For those who prefer driving, the cost of a litre of fuel is approximately €1.77.

Healthcare and Leisure

Healthcare in Portugal is known for its high quality and affordability. A short visit to a private doctor might cost around €68. For leisure activities, a basic dinner out for two in a local bar or pub would be approx €32, cinema tickets for two are about €15, and a visit to the theatre can cost €74 for the best seats.

Summary

Living in Portugal offers a blend of affordability and quality. On average, a single person’s monthly costs (excluding rent) can range anything from €1,080 to €5,130, depending on lifestyle choices. For families, the average monthly cost is between $2,500 and $7,890 and of course there are families and single people living on far more and far far less and thriving!

Portugal offers a cost-effective lifestyle with its affordable living costs, especially in terms of housing, food, and transportation, making it an attractive option for expats and those looking to enjoy a high quality of life in a beautiful setting.

Sources: Numbeo, Expatistan, One Life Passport

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