Cost of Living in Faro

Summary of cost of living in Faro, Portugal:

  • The estimated monthly costs for a family of four are $2,787.1 (€2,407.4), excluding rent (using our estimator).
  • The estimated monthly costs for a single person are $770.7 (€665.7), excluding rent.
  • Faro is 44.7% less expensive than Seattle (excluding rent, see our cost of living index).
  • Rent in Faro is, on average, 58.2% lower than in Seattle.
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) €38.00 30.00-60.00
Combo Meal at McDonald's (or Equivalent Fast-Food Meal) €10.00 8.50-11.00
Domestic Draft Beer (1 Pint) €3.00 1.30-5.00
Imported Beer (12 oz Small Bottle) €2.25 2.00-5.00
Cappuccino (Regular Size) €1.70 0.70-2.00
Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) €2.10 2.00-2.50
Bottled Water (12 oz) €1.43 1.00-2.00
Markets
Edit
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
Edit
One-Way Ticket (Local Transport) €2.92 2.85-3.00
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) €1.79 1.68-1.93
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) €118.26 88.04-150.00
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
Edit
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
Edit
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 €389.06 320.33-439.16
Price per Square Feet to Buy Apartment Outside of Centre €300.73 288.00-304.97
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) €1,190.18
Annual Mortgage Interest Rate (20-Year Fixed, in %) 4.89 3.10-5.43

Prices in Faro

This city had 128 entries in the past 12 months by 13 different contributors.
Last update: 5 May 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.
  
  
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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.