Portugal: The Worlds #1 Retirement Haven FREE Report

PORTUGAL: WORLDS #1 RETIREMENT HAVEN






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    Cost Of Living In Portugal

    What Is Real The Cost Of Living In Portugal?

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        Lisbon, Portugal street perspective view with colorful traditional houses. cost of living in portugal
        iStock/Kisa_Markiza

        The cost of living in Portugal is among the lowest in Western Europe, on average 30% lower than in any other country of the region.

        You might be surprised to find out that you can live well in Portugal for less than your currently budgeting.

        Just what makes it so tough to beat when considering options the whole globe over for reinventing your life?

        In fact, Portugal checks every box on the would-be retiree’s list

        A couple could live here comfortably but modestly on a budget of as little as 1,800 euros per month.

        Kathleen

        Reviewed By Kathleen Peddicord

        Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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          Table Of Contents

          What Is The Real The Cost Of Living In Portugal?

          In short, Portugal is hard to resist…

          We’ve named thin-sliced corners of this beautiful, sunny, friendly, safe, welcoming, and affordable country as the world’s top retirement haven more than any other.

          The cost of living in Portugal is among the lowest in Western Europe, on average 30% lower than in any other country of the region.

          With a budget of 2,500 euros per month or more, you could enjoy a fully appointed lifestyle in this heart of the Old World.

          Check currency conversion at today’s exchange rate.

          These are estimates for Portugal in general. On the other hand, better deals and budgets are to be found in more specific areas.

           
          Cost of Living in Portugal Monthly Budget in EU€
          Food (Groceries) €350
          Electricity (750kwh avg.) €130
          Water €45
          Gas (Household) €42
          Cable Television €170
          Internet, Telephone Included with Cable
          Entertainment (Dining, Movies, Bars, Etc.) €413
          Rent €650
          Monthly total €1,800

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            Healthy Living In Portugal

            The Portuguese are the biggest fish eaters per capita in Europe, and fresh fish of great variety is available in the ever-present daily markets.

            For instance, the abundance of sunshine in this part of the world means an abundance of fresh produce, too, also available in the local markets.

            Meantime, pollution rates are low, and streets, towns, and beaches are kept clean and litter-free.

            Portugal has long been popular with expats, but its popularity has skyrocketed in the past two or three years.

            Most of the attention is focused on those three areas (the Algarve, Lisbon, and Porto), and that attention has driven up property prices and costs of living.

            Braga is affordable not only relative to the costs of living in the United States and Canada; it’s also affordable relative to other places in Portugal. Property prices and costs of living haven’t been inflated as much as in places like the Algarve, Lisbon, and Porto. For its rich lifestyle, Braga is a bargain.

            It also offers a more authentically Portuguese, tranquil, and affordable way of life relative to those places.

            Cost Of Living In Portugal: User-Friendly Residency Options

            You can arrange to live in the country full-time simply by showing a reliable income of at least 1,200 euros per month, per couple.

            Many countries offer similar residency programs based on guaranteed income; however, these are typically targeting foreign retirees and come with age restrictions.

            That is not the case in Portugal.

            Anyone of any age who can prove income to meet the requirement can be granted the right to remain in Portugal long-term. This is one of the easiest residency hurdles of any country in Europe. Indeed, it’s one of the easiest of any country in the world.

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              Kathleen

              Reviewed By Kathleen Peddicord

              Kathleen is the Live and Invest Overseas Founding Publisher. She has more than 30 years of hands-on experience traveling, living, and buying property around the world.

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              A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today 2024






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                Table Of Contents

                Cost Of Living In Portugal- FAQs

                Little villages in the heart of Portugal have furnished rentals available for expats starting at only $450 a month. But, if you prefer the hustle and bustle of city life, check out Lisbon, where you can snag a one-bedroom furnished apartment in the city center for less than $1,000. For a bit more space, a stylish two-bedroom apartment can be yours for around $1,300.

                Portugal is known for having the most affordable living costs in Western Europe. Two people can comfortably get by on $2,500 to $3,000 a month. But that is if they stay away from the big cities. For Lisbon and Porto, you might want to increase that budget a bit.

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