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Cost of Living in Algarve

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Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 8.00 € 5.00-10.23
Meal for 2 People, Mid-range Restaurant, Three-course 30.00 € 12.00-40.00
McMeal at McDonalds (or Equivalent Combo Meal) 5.50 € 3.45-6.00
Domestic Beer (1 pint draught) 2.00 € 1.00-2.50
Imported Beer (12 oz small bottle) 2.00 € 1.00-3.00
Cappuccino (regular) 1.35 € 1.00-2.00
Coke/Pepsi (12 oz small bottle) 1.35 € 0.75-2.00
Water (12 oz small bottle) 0.95 € 0.50-1.00
Markets [ Edit ]
Milk (regular), (1 gallon) 2.55 € 1.59-3.03
Loaf of Fresh White Bread (1 lb) 1.01 € 0.44-1.63
Rice (white), (1 lb) 0.47 € 0.27-0.73
Eggs (regular) (12) 1.83 € 0.92-2.50
Local Cheese (1 lb) 2.27 € 1.11-3.63
Chicken Breasts (Boneless, Skinless), (1 lb) 2.31 € 1.27-3.45
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 3.86 € 1.60-5.44
Apples (1 lb) 0.70 € 0.29-0.91
Banana (1 lb) 0.51 € 0.41-0.91
Oranges (1 lb) 0.45 € 0.19-0.59
Tomato (1 lb) 0.45 € 0.34-0.68
Potato (1 lb) 0.32 € 0.19-0.57
Onion (1 lb) 0.36 € 0.23-0.50
Lettuce (1 head) 0.88 € 0.45-1.00
Water (1.5 liter bottle) 0.45 € 0.16-1.32
Bottle of Wine (Mid-Range) 4.00 € 2.50-4.99
Domestic Beer (0.5 liter bottle) 0.67 € 0.39-1.52
Imported Beer (12 oz small bottle) 1.67 € 0.50-3.00
Cigarettes 20 Pack (Marlboro) 5.00 € 4.50-5.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 4.00 €
Monthly Pass (Regular Price) 50.00 €
Taxi Start (Normal Tariff) 3.00 € 3.00-3.50
Taxi 1 mile (Normal Tariff) 0.80 € 0.40-0.80
Taxi 1hour Waiting (Normal Tariff) 15.00 € 8.00-15.00
Gasoline (1 gallon) 5.66 € 5.15-6.06
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 25,000.00 € 19,900.00-25,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 25,000.00 € 22,000.00-25,000.00
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 79.33 € 30.00-150.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.12 € 0.10-0.33
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 30.00 € 20.00-40.00
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 41.67 € 25.00-60.00
Tennis Court Rent (1 Hour on Weekend) ?
Cinema, International Release, 1 Seat 6.75 € 5.00-7.00
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 400.00 € 250.00-500.00
International Primary School, Yearly for 1 Child 6,000.00 € 6,000.00-6,000.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 79.99 € 25.00-100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 28.33 € 15.00-65.00
1 Pair of Nike Running Shoes (Mid-Range) 71.67 € 35.00-80.00
1 Pair of Men Leather Business Shoes 60.00 € 35.00-60.00
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 525.00 € 450.00-600.00
Apartment (1 bedroom) Outside of Centre 383.33 € 350.00-400.00
Apartment (3 bedrooms) in City Centre 875.00 € 700.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 650.00 € 600.00-700.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 222.00 €
Price per Square Feet to Buy Apartment Outside of Centre 124.00 €
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 809.13 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.62 1.50-3.80

Prices in Algarve

This city had 16 different contributors in the past 18 months.
Some data are estimated due to a low number of contributors. If you are living here, please update our data.
Last update: January 2020
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DeutschLebenshaltungskosten in der Algarve
PortuguêsCusto de Vida no Algarve
ItalianoCosto della Vita in Algarve
FrançaisCoût de la Vie en Algarve
EspañolCosto de Vida en Algarve

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6 Comments so far

#Anonymous on Dec 08, 2019 :
You must be speaking of IL and others. However, it doesn't change the fact that southern Portugal has the mildest climate in Europe, offering lots of walking opportunities for those if us who are retired, great seafood, history, culture, etc. With the graying of Europe, there will be many seeking warmer climes and lower prices, and the prices are still higher in most of the rest of Europe. These features would tend to support prices, but you might be right that the prices climbed too quickly.
#AL SMART on Nov 28, 2019 :
Everything is insanely OVERPRICED in Portugal right now! There are thousands of vacant apartments lying unsold in all the over-hyped Portugese cities right now. It is inevitable that real estate prices in Lisbon, Porto, Algarve, etc will PLUNGE within the next couple of years. There are a couple of dubious online publications trying to trick Americans and Canadians by touting Portugal as a wonderful place to buy property and retire overseas. If you follow their advice you will LOSE a lot of your money very soon!
#Anonymous on Aug 22, 2019 :
We are looking forward to our first visit to Faro in October.
#Mary Calderwood on Mar 07, 2018 :
going on holiday to faro in may stay at vale DE carros apartment
#Anonymous on Feb 22, 2017 :
Love to retire out their not sure will be able to afford it now post brexit
#Pauline Settle on Jan 12, 2017 :
Going on holiday to alvor in april. Just seeing what cost of living is like