Guide for Expats on Portugal's Residential Expenses
Affordable Living and Travel in Portugal: A Comprehensive Guide
Portugal, nestled in Western Europe, is celebrated for its relative affordability compared to other nations in the region. Here's a breakdown of the costs you might encounter in this charming country.
Basic Food Prices
A litre of milk will set you back €0.94, while a loaf of fresh bread costs €1.38. If you fancy a bottle of wine, expect to pay around €4.99. For a satisfying meal in Lisbon, you can enjoy a meal for as little as €20. A three-course meal for two at a mid-range restaurant is about €35.
Transportation
Public transport in Portugal is generally considered reliable, affordable, and safe. A standard monthly pass for public transport in Lisbon is approximately €30 (US$32). A tram ticket in the city costs €3.10. Domestic airline tickets, such as a trip from Lisbon to Madeira, can cost between €100 and €250 return.
Train Travel
Train travel within Portugal is a cost-effective way to explore the country. The cost of a train ticket from Lisbon to Faro ranges from €18 to €26, while a journey from Porto to Lisbon costs €11 to €55.
Accommodation and Utilities
Average rental prices in Portugal are around 40% lower than in the US and the United Kingdom. The average utility costs in Portugal are around €115 per month. Property prices in Portugal's most sought-after locations can align with other popular Western European destinations.
Visa Requirements
The Portugal D8 visa, designed for digital nomads, requires a minimum income of €3,480 per month after taxes in 2025. For D7 visa applicants, the minimum income requirement is four times the national minimum wage, currently €870 per month for individuals.
The much-loved Portuguese Golden Visa has axed the investment option to purchase real estate, due in part to the country's ongoing housing crisis. However, the program still offers investment options such as investing €500,000 in a Portuguese company that creates jobs.
Healthcare and Taxis
Portugal provides both private and public healthcare options, offering competitive prices. Taxis in Portugal have a base fare of €3.00 to €4.50, with a charge of €0.47 per kilometer.
Detailed cost of living information is provided by the source "mcs.pt," which acts as a complete guide for expats, retirees, and families living in Portugal. For comprehensive reports on the cost of living in Portugal, we recommend checking this resource.
In conclusion, Portugal offers an affordable lifestyle for those seeking to explore its rich culture, delicious cuisine, and warm hospitality. Whether you're considering a move, a visit, or an investment, Portugal's affordability makes it an attractive destination for many.
