Cost of Living in Faro

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Restaurants
Edit Range
Meal, Inexpensive Restaurant 9.00 € 5.00-20.00
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 40.00-71.01
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 € 7.00-9.00
Domestic Beer (1 pint draught) 1.50 € 1.50-3.00
Imported Beer (12 oz small bottle) 2.50 € 2.00-2.50
Cappuccino (regular) 2.33 € 1.75-2.50
Coke/Pepsi (12 oz small bottle) 1.43 € 1.00-2.50
Water (12 oz small bottle) 1.05 € 1.00-5.00
Markets
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Milk (regular), (1 gallon) 3.71 € 3.44-5.68
Loaf of Fresh White Bread (1 lb) 1.46 € 0.91-2.30
Rice (white), (1 lb) 0.84 € 0.55-1.13
Eggs (regular) (12) 2.38 € 1.53-2.98
Local Cheese (1 lb) 5.22 € 2.04-9.89
Chicken Fillets (1 lb) 2.95 € 0.99-3.18
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 4.96 € 2.47-4.99
Apples (1 lb) 0.96 € 0.54-1.59
Banana (1 lb) 0.50 € 0.45-0.91
Oranges (1 lb) 0.58 € 0.54-0.66
Tomato (1 lb) 0.78 € 0.32-1.59
Potato (1 lb) 0.55 € 0.34-1.50
Onion (1 lb) 0.86 € 0.68-1.36
Lettuce (1 head) 0.85 € 0.71-1.00
Water (1.5 liter bottle) 0.78 € 0.35-1.10
Bottle of Wine (Mid-Range) 5.00 € 3.00-9.00
Domestic Beer (0.5 liter bottle) 1.22 € 0.45-2.14
Imported Beer (12 oz small bottle) 1.73 € 0.90-3.00
Cigarettes 20 Pack (Marlboro) 5.20 € 5.05-5.50
Transportation
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One-way Ticket (Local Transport) 3.00 € 2.50-4.00
Monthly Pass (Regular Price) 30.00 € 18.00-35.00
Taxi Start (Normal Tariff) 2.90 € 2.50-3.30
Taxi 1 mile (Normal Tariff) 1.61 € 1.61-1.61
Taxi 1hour Waiting (Normal Tariff) 17.00 € 15.00-19.00
Gasoline (1 gallon) 6.70 € 6.17-7.68
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 € 30,000.00-40,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 34,380.00 € 34,070.00-35,000.00
Utilities (Monthly)
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Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 120.00 € 100.00-283.33
Mobile Phone Monthly Plan with Calls and 10GB+ Data 18.00 € 12.00-18.50
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 31.00 € 25.00-40.00
Sports And Leisure
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Fitness Club, Monthly Fee for 1 Adult 32.67 € 25.00-38.00
Tennis Court Rent (1 Hour on Weekend) 9.00 €
Cinema, International Release, 1 Seat 7.50 € 7.50-10.00
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 371.67 € 300.00-425.00
International Primary School, Yearly for 1 Child 10,200.00 € 5,400.00-15,000.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 58.00 € 39.00-75.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 30.00 € 15.00-50.00
1 Pair of Nike Running Shoes (Mid-Range) 70.00 € 35.00-100.00
1 Pair of Men Leather Business Shoes 48.33 € 45.00-50.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 941.67 € 800.00-1,200.00
Apartment (1 bedroom) Outside of Centre 766.67 € 700.00-900.00
Apartment (3 bedrooms) in City Centre 1,612.50 € 1,150.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,216.67 € 900.00-1,800.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 247.74 € 185.80-371.61
Price per Square Feet to Buy Apartment Outside of Centre 185.80 € 139.35-278.71
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,287.50 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.75 3.30-5.43

Prices in Faro

This city had 31 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: March 2024
Sources and References
Distribution of Expenses Using Our Statistical Model:
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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.