Cost of living in Portugal
What a month costs, how prices compare with other countries, and where the money goes
Monthly cost in Portugal
Spending runs from €574 a month in the poorest fifth to €3,240 in the richest
Per person, whole country
€1,280
what a typical person spends in a month
Spending across the population
€574richest 20%
€3,240
Where people spend money in Portugal
One person's out-of-pocket spending, averaged across the whole country
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Key facts
The cost of living in Portugal in numbers
Dining out takes an unusual share of the budget
It absorbs 15.1% of spending here, or €194 a month, against 7.1% in a typical country, 8 points more.
Typical spending takes 94% of the average wage
A typical person spends €1,280 a month while the average take-home wage is €1,360, so 6% of an average wage sits above what a typical person spends.
How living costs in Portugal compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Portugal against other countries
More expensive than 74% of countries
Where Portugal sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs €865 at world-middle prices costs €1,210 here.
Data source: household consumption 2023 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2022 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth
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What it costs to live in Portugal
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Cost of living in Portugal
€574/mo
vs €692 in your country
Take-home
€824
vs €1,040 in your country
Potential savings
€250
more than in your country
Standard of living
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Frequently asked questions
What is the cost of living in Portugal?
A typical person in Portugal spends about €1,280 a month — around €15,400 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the standard of living in Portugal?
By spending, Portugal ranks #32 of 185 countries. A typical person spends about €1,280 a month, the poorest 20% about €574 and the richest 20% about €3,240. The gap between them shows how unevenly people live.
What is the cost of living in Portugal in US dollars?
The cost of living in Portugal is about $1,481 a month, or roughly $17,772 a year per person.
How much money do you need to live comfortably in Portugal?
It all depends on your standard of living. A modest budget runs about €574 a month per person, a typical one around €1,280, and a comfortable life around €1,680. In big cities and for a family, costs are usually higher.
What do people spend the most on in Portugal?
The biggest expense is housing, at about €221 a month (17% of spending). Then come groceries (€221, 17%) and dining out (€194, 15%).
Is the average salary in Portugal enough to live on?
In most cases yes, but without much of a cushion. Average spending is about €1,280 a month, while the average take-home pay in Portugal is about €1,360. For more on incomes, see salaries in Portugal.
Is Portugal an expensive country to live in?
Yes. Portugal is more expensive than 83% of countries worldwide and ranks 20th of 41 in Europe by cost of living.
What currency is used in Portugal?
Portugal uses the Euro (EUR). Amounts on this page are shown in it; the currency switcher converts them.
Where to live?
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Living in Portugal
See the full country overview