Cost of Living in Faro, Portugal
Last updated on Mar 19, 2023
Summary: What is the cost of living in Faro, Portugal? Expats, digital nomads and retirees living in Faro talk about the general living costs, the cost of housing and health insurance.
Is the cost of living in Faro high?
We asked people how much they someone comfortably live on in Faro, they wrote:
"The cost of living in Faro is considered to be relatively affordable compared to other European cities. Rent for a one-bedroom apartment in the city center is moderately priced, while outside the city center, it is even cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite reasonable. Groceries in Faro are also affordable, with local markets offering fresh produce at lower prices. Eating out at restaurants can vary, with inexpensive restaurants being quite affordable, while a three-course meal for two at a mid-range restaurant can be more expensive. Public transportation in Faro is also reasonably priced, with monthly passes available for regular commuters. Gasoline prices are on par with the rest of Europe. Healthcare in Faro is of good quality and is affordable, especially if you are covered by the Portuguese healthcare system. Private health insurance is also available at a higher cost. Overall, the cost of living in Faro is lower than in many other cities in Western Europe, making it an attractive place for expats and retirees," remarked one in Faro.
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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.
Additional Information:
- Expat Guide to Faro
- 7 Tips for Living in Faro
- Pros & Cons of Living in Faro
- Tips for Expats Driving in Faro
- Health Care in Faro
- The Essential Guide to Faro
- Cost of Living in Faro
- Healthcare & Health Insurance in Portugal
- Best Places to Live in Portugal
- Real Estate in Portugal
- Health Insurance in Portugal
- Pros and Cons of Living in Portugal 2024
- 2024 Guide to Moving to Portugal
- More Advice about Retiring in Portugal