Cost of Living in Portugal
Last updated on Nov 24, 2023
Summary: The cost of living in Portugal is generally considered to be quite reasonable. A nice one bedroom apartment in Portugal can cost anywhere from $500 to $1,000 per month, while a nice two bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Portugal is usually around $15 to $20 per person.
Is the cost of living in Portugal high?
We asked people how much they someone comfortably live on in Portugal, they wrote:
"The cost of living in Portugal is generally considered to be reasonably affordable. The cost of basic food items, such as milk, bread, and cheese, is quite cheap. Utility bills such as water, electricity, and gas are also relatively affordable. Housing costs can vary depending on the location and type of accommodation, but furnished apartments and houses are available at reasonable prices. Public transportation is also affordable as tickets are very inexpensive. Entertainment and leisure activities can be more expensive, but there are numerous inexpensive options available," explained one expat.
"At this point, I'm thinking $1500-$2000 per month will be plenty. I'm still buying things for my apartment so don't have a really good sense of how much I will consistently spend," said one person in Cascais.
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AnchorLess provides services to help you settle into your new life in Portugal. you are guaranteed to have access to a convenient, quick and reliable service, with a team always ready to answer all of your questions about your new adventure.
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Click connect to have our partner contact you via e-mail and/or phone.
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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