Cost of Living in Faro

Summary of cost of living in Faro, Portugal:

  • The estimated monthly costs for a family of four are 2,832.7$ (2,397.0€), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are 786.0$ (665.1€), excluding rent.
  • Faro is 38.5% less expensive than Los Angeles (excluding rent, see our cost of living index).
  • Rent in Faro is, on average, 61.1% lower than in Los Angeles.
Restaurants
Edit Range
Meal at an Inexpensive Restaurant 12.00 € 11.00-18.00
Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) 36.00 € 30.00-40.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) 10.00 € 8.50-11.00
Domestic Draft Beer (1 Pint) 2.50 € 1.30-4.00
Imported Beer (12 oz Small Bottle) 2.00 € 2.00-2.50
Cappuccino (Regular Size) 1.62 € 0.70-2.00
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) 2.00 € 2.00-2.50
Bottled Water (12 oz) 1.40 € 1.00-2.00
Markets
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Milk (Regular, 1 Liter) 0.92 € 0.80-1.50
Fresh White Bread (1 lb Loaf) 1.20 € 0.64-1.81
White Rice (1 lb) 0.72 € 0.45-1.13
Eggs (12, Large Size) 3.00 € 2.10-5.20
Local Cheese (1 lb) 5.62 € 2.04-9.89
Chicken Fillets (1 lb) 2.46 € 0.99-3.18
Beef Round or Equivalent Back Leg Red Meat (1 lb) 4.40 € 2.47-6.35
Apples (1 lb) 1.03 € 0.54-1.27
Bananas (1 lb) 0.52 € 0.45-0.55
Oranges (1 lb) 0.63 € 0.54-1.81
Tomatoes (1 lb) 1.04 € 0.54-1.36
Potatoes (1 lb) 1.26 € 0.59-1.81
Onions (1 lb) 0.99 € 0.82-1.36
Lettuce (1 Head) 1.24 € 0.71-2.00
Bottled Water (50 oz) 1.06 € 0.80-3.00
Bottle of Wine (Mid-Range) 4.50 € 3.00-5.00
Domestic Beer (16.9 oz Bottle) 0.83 € 0.65-2.00
Imported Beer (12 oz Small Bottle) 2.62 € 0.96-4.00
Cigarettes (Pack of 20, Marlboro) 5.70 € 5.00-6.00
Transportation
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One-Way Ticket (Local Transport) 3.00 €
Monthly Public Transport Pass (Regular Price) 37.00 € 30.00-50.00
Taxi Start (Standard Tariff) 3.30 €
Taxi 1 mile (Standard Tariff) 1.61 €
Taxi 1 Hour Waiting (Standard Tariff) 19.00 €
Gasoline (1 Liter) 1.74 € 1.68-1.90
Volkswagen Golf 1.5 (or Equivalent New Compact Car) 30,043.00 € 30,043.00-30,043.00
Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) 34,070.00 € 34,070.00-34,070.00
Utilities (Monthly)
Edit
Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) 124.25 € 100.00-150.00
Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) 17.50 € 12.00-20.00
Broadband Internet (Unlimited Data, 60 Mbps or Higher) 32.60 € 25.00-50.00
Sports And Leisure
Edit
Monthly Fitness Club Membership 38.00 € 30.00-50.00
Tennis Court Rental (1 Hour, Weekend) 19.00 € 16.00-20.00
Cinema Ticket (International Release) 10.00 € 8.00-13.00
Childcare
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Private Full-Day Preschool or Kindergarten, Monthly Fee per Child 409.00 € 390.00-450.00
International Primary School, Annual Tuition per Child 10,843.00 € 6,400.00-15,390.00
Clothing And Shoes
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Jeans (Levi's 501 or Similar) 63.33 € 29.99-100.00
Summer Dress in a Chain Store (e.g. Zara or H&M) 39.50 € 29.00-50.00
Nike Running Shoes (Mid-Range) 93.50 € 50.00-150.00
Men's Leather Business Shoes 91.67 € 50.00-150.00
Rent Per Month
Edit
1 Bedroom Apartment in City Centre 912.50 € 850.00-1,200.00
1 Bedroom Apartment Outside of City Centre 795.00 € 730.00-900.00
3 Bedroom Apartment in City Centre 1,550.00 € 1,500.00-2,000.00
3 Bedroom Apartment Outside of City Centre 1,340.00 € 1,000.00-1,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 365.13 € 269.42-439.16
Price per Square Feet to Buy Apartment Outside of Centre 282.55 € 232.26-304.97
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,250.13 €
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.63 3.10-5.43

Prices in Faro

This city had 114 entries in the past 12 months by 10 different contributors.
Last update: 11 January 2026
Sources and References
Distribution of Expenses Using Our Statistical Model:
Salary Calculator:Got a job offer in Faro? Estimate your take-home pay with our Salary Calculator for Faro.
  
  
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7 Comments so far
Cliff on Nov 08, 2021:
I find it fascinating to compare average after tax salary with the cost of renting a one bedroom apartment in different places. In many places it does not seem possible for a single person on an average salary to rent a one bedroom flat and this includes in Faro. Rents are out of all proportion to people’s means. It is such a shame.
Cliff on Nov 08, 2021:
A 33 cl bottle of Sagres beer at Faro bus station cafe costs €1.50.
Cliff Buckley on Nov 06, 2021:
Breakfast today at Demo Urban Bakery. €8 for a large toasted tuna and cheese sandwich and coffee.
Cliff on Nov 06, 2021:
Found a nice little beach cafe today at Faro Beach. A 0.5l beer was €2.50. I had lunch at a beach cafe where the car park is and paid €13.40 for a chicken salad and two large beers.
Cliff on Nov 05, 2021:
0.5l of Caneca beer at cafe Da Baixa was €4
Anonymous on Nov 05, 2021:
I have just paid €8.50 for a breaded chicken and salad sandwich and a 0.5l beer at O Cortea Restaurant-Cafe by the harbour in Faro.
Cliff on Nov 05, 2021:
Just landed in Faro for a few days. I can confirm the bus fare for a single journey is €2.35. I have just ordered a large beer at O Coreto restaurant-cafe by the harbour. The beer is €4 for 0.5l.