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Parque das Nacoes in Lisbon

Cost of Living in Portugal

By Betsy Burlingame

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.

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Is the cost of living in Portugal high?

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

"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," said one expat in Portugal.

"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," wrote a person living in Cascais.

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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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Will I save money living in Portugal?

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About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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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Turn relocation stress into success with AnchorLess. From obtaining your NIF to a complete VISA support, we will be your guide through Portuguese administrative.
Learn More

AnchorLessAnchorLess

Turn relocation stress into success with AnchorLess. From obtaining your NIF to a complete VISA support, we will be your guide through Portuguese administrative.
Learn More

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Parque das Nacoes in Lisbon

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AnchorLess

Turn relocation stress into success with AnchorLess. From obtaining your NIF to a complete VISA support, we will be your guide through Portuguese administrative.
Learn More

AnchorLessAnchorLess

Turn relocation stress into success with AnchorLess. From obtaining your NIF to a complete VISA support, we will be your guide through Portuguese administrative.
Learn More

Digital-Nomad-Visa-for-PortugalDigital Nomad Visa for Portugal

Find essential information about the digital nomad visa for working in Portugal.

Contribute to Portugal Network Contribute
Help others in Portugal by answering questions about the challenges and adventures of living in Portugal.

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