Cost of Living in Algarve

Portugal

Summary

Cost of living in Algarve, Portugal is $1,235 and it seems expensive according to the average monthly salary which is $958. For more insights check the list of average prices of Restaurants, Markets, Transportation, Utilities, and 40 more categories.

$1,235
Cost of Living
$958
Average Salary
$808
Average House Rent

Rent Per Month

Name
Price
Apartment (1 bedroom) in City Centre
$621.58
Apartment (1 bedroom) Outside of Centre
$447.28
Apartment (3 bedrooms) in City Centre
$1,095.17
Apartment (3 bedrooms) Outside of Centre
$769.58

Salaries And Financing

Name
Price
Average Monthly Net Salary (After Tax)
$957.99
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%2.64

Utilities (Monthly)

Name
Price
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$102.34
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.22
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$35.52

Markets

Name
Price
Milk (regular), (1 liter)
$0.77
Loaf of Fresh White Bread (500g)
$1.34
Eggs (regular) (12)
$2.04
Local Cheese (1kg)
$6.1
Water (1.5 liter bottle)
$0.76
Bottle of Wine (Mid-Range)
$4.53
Domestic Beer (0.5 liter bottle)
$1.02
Imported Beer (0.33 liter bottle)
$2.04
Cigarettes 20 Pack (Marlboro)
$5.72
Apples (1kg)
$1.66
Chicken Breasts (Boneless, Skinless), (1kg)
$6.11
Oranges (1kg)
$1.07
Potato (1kg)
$0.94
Lettuce (1 head)
$0.92
Rice (white), (1kg)
$1.28
Tomato (1kg)
$1.28
Banana (1kg)
$1.59
Onion (1kg)
$0.95
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$9.48

Transportation

Name
Price
One-way Ticket (Local Transport)
$4.74
Monthly Pass (Regular Price)
$59.2
Gasoline (1 liter)
$1.76
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$27,586.5
Taxi Start (Normal Tariff)
$3.85
Taxi 1km (Normal Tariff)
$0.5
Taxi 1hour Waiting (Normal Tariff)
$15
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$28,415.28

Clothing And Shoes

Name
Price
1 Pair of Jeans (Levis 501 Or Similar)
$80.9
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$42.75
1 Pair of Nike Running Shoes (Mid-Range)
$73.67
1 Pair of Men Leather Business Shoes
$65.12

Restaurants

Name
Price
Meal, Inexpensive Restaurant
$9.07
Meal for 2 People, Mid-range Restaurant, Three-course
$32.36
McMeal at McDonalds (or Equivalent Combo Meal)
$5.9
Domestic Beer (0.5 liter draught)
$2.17
Imported Beer (0.33 liter bottle)
$2.76
Coke/Pepsi (0.33 liter bottle)
$1.62
Water (0.33 liter bottle)
$1.12
Cappuccino (regular)
$1.52

Sports And Leisure

Name
Price
Fitness Club, Monthly Fee for 1 Adult
$49.99
Tennis Court Rent (1 Hour on Weekend)
$0
Cinema, International Release, 1 Seat
$7.4

Childcare

Name
Price
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$453.85
International Primary School, Yearly for 1 Child
$7,103.82

Buy Apartment Price

Name
Price
Price per Square Meter to Buy Apartment in City Centre
$2,829.2
Price per Square Meter to Buy Apartment Outside of Centre
$1,580.27

Questions

How much does it cost to live in Algarve per month?

The total cost of living is around $1,235 in Algarve. The average rent in Algarve for a one-bedroom apartment in the city centre is approximately $808 per month, and utilities cost around $102 a month. Other costs will be around $529 including markets, transportation, restaurants, and sports and leisure for one-person.

Is Algarve expensive to live?

Algarve seems false expensive to live in according to the average monthly salary which is $958. You probably need to make more than $958 to live comfortable in Algarve.

What is the average salary in Algarve?

A person working in Algarve typically earns around $958 per month (After tax) and it's not qualification specific. $958 is not a good salary according to average cost of living which is $1,235.

What is the average rent in Algarve?

The average one-bedroom apartment in Algarve city centre stands at around $808 per month. If you're okay with an apartment outside of the city centre that will be cost around $580.