Cost of Living in The Algarve, Portugal

Cost of Living in The Algarve

Last updated on Mar 15, 2023

Summary: The cost of living in The Algarve, Portugal is generally considered to be quite reasonable. A nice one bedroom apartment in The Algarve 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 The Algarve is usually around $20 to $30 per person.

Is the cost of living in The Algarve high?

We asked people how much they someone comfortably live on in The Algarve, they wrote:

"The minimum required by the governs $550/mo. That is about what the average Portuguese makes. More than that, and you can have a very. Ice lifestyle," said one expat in Tavira .

"The cost of living in The Algarve is generally considered to be quite reasonable. Groceries, utilities, and transportation are all relatively inexpensive, while housing costs can vary depending on the area. Eating out is also quite affordable, with a variety of restaurants offering delicious local cuisine. Overall, the cost of living in The Algarve is quite reasonable, making it an attractive destination for those looking for a more affordable lifestyle," wrote a person living in The Algarve.

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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.