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:
"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 expat in Cascais.
"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," wrote a person living in Portugal.

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Welcome to Green Breeze, your gateway to unforgettable private yacht and boat rentals in the enchanting Troia and Comporta regions of Portugal. Whether you seek a serene escape on the calm waters of Troia or an adventurous voyage along the picturesque coast of Arrabida, we’ve got you covered. Our fleet offers a selection of meticulously maintained yachts and boats to cater to your every desire. Discover the perfect vessel to suit your dreams, from sleek motorboats to luxurious hybrid yachts.

Welcome to Green Breeze, your gateway to unforgettable private yacht and boat rentals in the enchanting Troia and Comporta regions of Portugal. Whether you seek a serene escape on the calm waters of Troia or an adventurous voyage along the picturesque coast of Arrabida, we’ve got you covered. Our fleet offers a selection of meticulously maintained yachts and boats to cater to your every desire. Discover the perfect vessel to suit your dreams, from sleek motorboats to luxurious hybrid yachts.
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Will I save money living in Portugal?
"It has met my expectations and I'm still amazed at the low cost of many things. But, there are other things that are more expensive than in the US," said one expat in Cascais.
"Living in Portugal can be more affordable than living in the United States, as the cost of living is much lower. Rent, food, utilities and entertainment can all be more cost-effective when living in Portugal compared to in the United States. Additionally, healthcare costs are significantly lower in Portugal than in the U.S. Portugal is also home to many tax incentives that can help make living in Portugal even more affordable," wrote a person living in Portugal.
What is the average cost of housing in Portugal?
If you are thinking about moving to Portugal, cost of living in probably a key consideration. Expats commented about the cost of housing:
"My home loan was 200k euros and I pay around 600 euros a month. Property takes is another 1k a year and generally speaking water, electric, heating, cable tv and such round off to about 350 euros monthly. It's MUCH cheaper out here than in the US," said one expat in Braga.
"The average cost of housing in Portugal is generally considered to be quite reasonable. Prices vary depending on the location, size and quality of property, but most one bedroom apartments in the city centre cost between 500 and 700 euros per month, while larger family homes can start at around 1000 euros. Rent prices are generally cheaper outside the cities, and Portugal's extensive coastline means that beachfront properties can be slightly more expensive than inland properties," remarked one in Portugal.
"Housing costs are lower here, but we're comparing a mortgage on a million-dollar plus condo in the US to rent on a 2 bedroom apartment with ancient appliances. It is easy to find a clean, modern, 2 bed/2 bath apartment with new appliances in the upscale, coastal Estoril/Cascias area for less than $2200/month if one works with a local realtor, and can cut those costs in about half in the smaller towns and villages inland. Utilities per month can add about $100. Internet service is about $30. On average, this feels like one can get a bit more with less but Portugal's Lisboa coast isn't a low cost choice. South and North and inland are less costly," explained one expat.

Welcome to Green Breeze, your gateway to unforgettable private yacht and boat rentals in the enchanting Troia and Comporta regions of Portugal. Whether you seek a serene escape on the calm waters of Troia or an adventurous voyage along the picturesque coast of Arrabida, we’ve got you covered. Our fleet offers a selection of meticulously maintained yachts and boats to cater to your every desire. Discover the perfect vessel to suit your dreams, from sleek motorboats to luxurious hybrid yachts.

Welcome to Green Breeze, your gateway to unforgettable private yacht and boat rentals in the enchanting Troia and Comporta regions of Portugal. Whether you seek a serene escape on the calm waters of Troia or an adventurous voyage along the picturesque coast of Arrabida, we’ve got you covered. Our fleet offers a selection of meticulously maintained yachts and boats to cater to your every desire. Discover the perfect vessel to suit your dreams, from sleek motorboats to luxurious hybrid yachts.
What are typical rental prices for expats in Portugal?
"The cost of renting a nice 1 bedroom apartment in Portugal can vary widely depending on the precise location and amenities offered. Generally, you can expect to pay anything from around $500-$1200 per month for a standard 1 bedroom apartment. For a nice 2 bedroom apartment, you can expect to pay from around $750 up to around $1800 per month," wrote one expat.
What appliances are typically included in a rental?
We asked foreigners in Portugal what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Many rental properties in Portugal come with a range of appliances to make life more comfortable, such as a refrigerator, stove, and washing machine. The kitchen may also include a dishwasher, cooktop, and oven to make cooking and entertaining more enjoyable. Depending on the property, air conditioning and central heating may also be included. Other common appliances typically found in rental homes in Portugal include a fan, television, microwave, toaster, and coffee machine," remarked one expat in Portugal.
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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