Cost of Living in Faro

Summary about cost of living in Faro, Portugal:

Restaurants
Edit Range
Meal, Inexpensive Restaurant 10.00 € 7.50-12.00
Meal for 2 People, Mid-range Restaurant, Three-course 40.00 € 30.00-50.00
McMeal at McDonalds (or Equivalent Combo Meal) 7.00 € 6.00-7.00
Domestic Beer (1 pint draught) 2.50 € 2.00-3.00
Imported Beer (12 oz small bottle) 2.25 € 1.50-4.00
Cappuccino (regular) 1.72 € 0.80-2.00
Coke/Pepsi (12 oz small bottle) 1.20 € 1.00-1.50
Water (12 oz small bottle) 0.97 € 1.00-1.00
Markets
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Milk (regular), (1 gallon) 3.06 € 1.70-7.57
Loaf of Fresh White Bread (1 lb) 1.39 € 0.57-1.81
Rice (white), (1 lb) 0.53 € 0.36-0.73
Eggs (regular) (12) 1.93 € 1.20-2.98
Local Cheese (1 lb) 3.86 € 1.36-6.35
Chicken Fillets (1 lb) 2.02 € 1.13-3.18
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 5.14 € 3.86-6.79
Apples (1 lb) 0.74 € 0.63-0.82
Banana (1 lb) 0.47 € 0.43-0.91
Oranges (1 lb) 1.03 € 0.57-1.36
Tomato (1 lb) 0.94 € 0.68-1.00
Potato (1 lb) 0.60 € 0.45-0.82
Onion (1 lb) 0.48 € 0.27-0.63
Lettuce (1 head) 1.46 € 0.60-1.80
Water (1.5 liter bottle) 0.81 € 0.24-1.90
Bottle of Wine (Mid-Range) 4.50 € 3.00-6.00
Domestic Beer (0.5 liter bottle) 1.35 € 0.45-2.14
Imported Beer (12 oz small bottle) 1.06 € 0.90-1.22
Cigarettes 20 Pack (Marlboro) 5.12 € 5.00-5.20
Transportation
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One-way Ticket (Local Transport) 2.50 € 2.30-4.00
Monthly Pass (Regular Price) 35.00 € 32.00-40.00
Taxi Start (Normal Tariff) 4.80 € 4.00-7.00
Taxi 1 mile (Normal Tariff) ?
Taxi 1hour Waiting (Normal Tariff) 14.80 €
Gasoline (1 gallon) 7.09 € 6.25-7.68
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 € 30,000.00-30,000.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,175.00 € 25,900.00-25,900.00
Utilities (Monthly)
Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 93.00 € 68.00-118.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.25 €
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 42.75 € 30.00-60.00
Sports And Leisure
Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 € 15.00-35.00
Tennis Court Rent (1 Hour on Weekend) 12.50 € 10.00-15.00
Cinema, International Release, 1 Seat 7.00 € 6.00-7.50
Childcare
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Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 850.00 €
International Primary School, Yearly for 1 Child 8,260.00 € 6,920.00-9,600.00
Clothing And Shoes
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1 Pair of Jeans (Levis 501 Or Similar) 81.00 € 70.00-100.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 29.75 € 25.00-30.00
1 Pair of Nike Running Shoes (Mid-Range) 66.25 € 60.00-90.00
1 Pair of Men Leather Business Shoes 98.75 € 45.00-100.00
Rent Per Month
Edit
Apartment (1 bedroom) in City Centre 683.33 € 500.00-800.00
Apartment (1 bedroom) Outside of Centre 580.00 € 450.00-750.00
Apartment (3 bedrooms) in City Centre 1,250.00 € 1,100.00-1,800.00
Apartment (3 bedrooms) Outside of Centre 975.00 € 700.00-1,200.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 225.29 € 218.32-232.26
Price per Square Feet to Buy Apartment Outside of Centre 161.03 € 120.77-185.80
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 1,080.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.27 1.80-3.00

Prices in Faro

This city had 150 entries in the past 12 months by 22 different contributors.
Last update: March 2023
Sources and References
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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.