Cost Of Living in Porto 2025

cost of living chart - average monthly expenditure in Porto

Average monthly spending for singles, couples, students, and families in Porto

Whether you're living in Porto or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: EUR
250 2,500 38,000
MINIMUM AVERAGE MAXIMUM
$270 $2,700 $41,000

Monthly Expenditure ▶ Single

Currency: EUR
320 2,300 25,000
MINIMUM AVERAGE MAXIMUM
$350 $2,400 $27,000

Monthly Expenditure ▶ Couple

Currency: EUR
500 3,300 30,000
MINIMUM AVERAGE MAXIMUM
$550 $3,500 $33,000

Monthly Expenditure ▶ Family

Currency: EUR
760 3,800 38,000
MINIMUM AVERAGE MAXIMUM
$820 $4,100 $41,000

Monthly Expenditure ▶ Student

Currency: EUR
250 1,600 18,000
MINIMUM AVERAGE MAXIMUM
$270 $1,800 $20,000
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Porto is 2,300 EUR. Expenses can range from 320 EUR at the minimum level to 25,000 EUR at the highest end.


Couples

The average monthly spending of couples in Porto is 3,300 EUR. Expenditure can range from 500 EUR to 30,000 EUR per month.


Families

The average cost of living for families in Porto is 3,800 EUR per month. Families spend anywhere from 760 EUR to 38,000 EUR.


Students

The average monthly expenditure for students in Porto is 1,600 EUR. Students spend from 250 EUR to 18,000 EUR per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.
Chart showing the percentage of people who are in debt in Porto

Debt, loans, and mortgages in Porto


Percentage of people who are in debt


In Debt
29%
Debt Free
71%

According to the survey, 29% of the people in Porto have some kind of debt, loan, mortgage, or credit card payments while 71% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Porto

Debt-to-income ratio in Porto

Debt to income ratio

28%

19% to 37%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 28% of the people's monthly income in Porto goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%15%
40% - 50%13%
30% - 40%15%
20% - 30%13%
10% - 20%15%
0% - 10%27%

According to our data, 3% of the debtors in Porto pay 60%+ of their income as debt settlement while 15% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 13% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Porto

Debt% People
Real Estate Mortgage11%
Auto Loan19%
Student Loan3%
Credit Card27%
Personal Loan40%

11% of debtors in Porto confirm that real estate mortgages constitutes the main part of their outstanding debt while 27% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 19% of people and personal loans rose at 40%. Lastly, student loans are the main source of debt for 3% of debtors in Porto.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Porto

Besides measuring the loan-to-income ratio, we asked residents how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never53%
Once a year23%
Twice a year12%
Three times a year8%
Four times a year4%
Financial goals and targets of people living in Porto

Financial goals of people in Porto

In an attempt to understand the economic situation in Porto, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund7%
Debt Reduction38%
Retirement Savings9%
Education Funding8%
Homeownership17%
Investing8%
Travel or Lifestyle9%
Healthcare Expenses11%
Financial Independence7%

Around 7% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 38% said their number one priority is to pay off high-interest debt or loans and improve credit. 9% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 8% reported that their priority is saving for the tuition fees and education costs of their children while 17% choose to buy a home or pay off existing mortgage before other things. 8% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 9% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 11% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Distribution of monthly cost of living expenses in Porto

How do people spend their money in Porto?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure25%

25% of total expenses on average (14% to 33%)

LOW$81   75 EUR
AVERAGE$810   750 EUR
HIGH$12,000   11,000 EUR
Per Month

People living in Porto typically spend from 14% to 33% of their total monthly expenditure on housing with 25% being the average. The average spend on housing is 750 EUR with expenditure ranging from 75 EUR to 11,000 EUR. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile7%

7% of total expenses on average (4% to 11%)

LOW$13   12 EUR
AVERAGE$130   120 EUR
HIGH$2,000   1,900 EUR
Per Month

Utility expenditure like electricity, water, and gas in Porto ranges from 4% to 11% of total expenses with 7% being the average. The average monthly cost of utilities is 120 EUR with 12 EUR and 1,900 EUR being the upper and lower limits.

Transport, Fuel, Commute8%

8% of total expenses on average (4% to 12%)

LOW$27   25 EUR
AVERAGE$270   250 EUR
HIGH$4,000   3,700 EUR
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 25 EUR to 3,700 EUR on commuting with 250 EUR being the norm for most people in one month. This means that money spent on transport constitutes about 8% of total spending on average but can go as low as 4% or as high as 12%.

Food and Groceries Cost27%

27% of total expenses on average (19% to 33%)

LOW$67   62 EUR
AVERAGE$670   620 EUR
HIGH$10,000   9,300 EUR
Per Month

The average outlay on groceries in a month in Porto is 620 EUR. The cost of groceries can range between 62 EUR to 9,300 EUR. People spend on average about 27% on food and groceries with upper and lower bounds of 19% and 33% respectively.

Healthcare and Medical Services9%

9% of total expenses on average (4% to 12%)

LOW$19   17 EUR
AVERAGE$190   170 EUR
HIGH$2,800   2,600 EUR
Per Month

People in Porto allocate 4% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 9%. The range of medical expenses range from 17 EUR to 2,600 EUR with 170 EUR being the norm.

Leisure and Shopping5%

5% of total expenses on average (3% to 9%)

LOW$11   9.9 EUR
AVERAGE$110   99 EUR
HIGH$1,600   1,500 EUR
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 9.9 EUR to 1,500 EUR with 99 EUR being the average. Speaking of percentages, that equates to 3% to 9% of total expenses with an average of 5% for most residents.

Education and Schooling6%

6% of total expenses on average (4% to 12%)

LOW$16   15 EUR
AVERAGE$160   150 EUR
HIGH$2,400   2,200 EUR
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 6% of the monthly expenditure with 4% and 12% being the lower and upper bounds respectively. The average reported education cost is 150 EUR per month with 15 EUR being the minimum spent amount and 2,200 EUR being the maximum.

Other Expenses13%

13% of total expenses on average (8% to 20%)

LOW$35   32 EUR
AVERAGE$350   320 EUR
HIGH$5,300   4,900 EUR
Per Month
Percentage of people who manage to save money from their income every month in Porto

How much money can you save in Porto every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Porto manage to save money from their income every month?


Saving Money
64%
Not Saving
36%

Almost 64% of the surveyed people in Porto said that they can save some money at the end of each month while 36% said that aren't saving anything.


Percentage of people saving money by population group in Porto

GroupSaversNon Savers
Singles71%29%
Couples67%33%
Families61%39%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Porto

Saving to Income Ratio

11% 19% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

99 EUR
$110
990 EUR
$1,100
15,000 EUR
$16,000
MINIMUM AVERAGE MAXIMUM

For most people, 11% to 32% of their monthly income is what they can allocate to their savings, with 19% being the average. The amount of money that people can save is approximately 990 EUR on average with savings ranging from 99 EUR to 15,000 EUR.

71% of surveyed singles reported some of their income going to savings while 67% of couples said the same. 61% of families confirmed their ability to save money.


How much money do people actually save in Porto?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

14% 23% of income 34%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

98 EUR
$110
890 EUR
$960
9,800 EUR
$11,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%30%
10% - 20%24%
20% - 30%16%
30% - 40%15%
40% - 50%11%
> 50%4%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 14% to 34% of their monthly income to savings, with 23% being the average for most singles. The average amount of money that singles are able to save is 890 EUR with 98 EUR and 9,800 EUR being the minimum and maximum respectively.


Couples

Saving to Income Ratio

12% 21% of income 33%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

200 EUR
$210
1,300 EUR
$1,400
12,000 EUR
$13,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%34%
10% - 20%26%
20% - 30%19%
30% - 40%10%
40% - 50%8%
> 50%3%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 12% to 33% of their monthly income, with 21% being the average for most couples. The average amount of money that couples can save is 1,300 EUR with 200 EUR and 12,000 EUR being the minimum and maximum respectively.


Families

Saving to Income Ratio

10% 18% of income 29%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

300 EUR
$320
1,500 EUR
$1,600
15,000 EUR
$16,000
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%37%
10% - 20%29%
20% - 30%20%
30% - 40%7%
40% - 50%5%
> 50%2%

Interpretation and Analysis

Families in Porto can save anywhere between 10% to 29% of their monthly income, with 18% being the average for most families. The average amount of money that families can put aside is 1,500 EUR with 300 EUR and 15,000 EUR being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Porto

Saving Challenges in Porto

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Porto. Listed below are the answers given by the survey participants.


Reason% People
Low Income6%
High Expenses9%
Debt and Loans16%
Lack of Budgeting Skills11%
Impulsive Spending10%
Financial Emergencies6%
Living the moment6%
Will do it later19%
Inflation12%
Social Pressure3%
Market Instability3%

Around 6% of the people said that their salary is too low to accommodate a portion for savings while 9% said that the high cost of living leaves little room for savings. 16% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 10% blamed impulsive spending as the reason for saving inability. Around 6% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 12% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 3% blamed market instability and price fluctuations.

Where do people choose to put their savings in Porto

Typical saving choices for people in Porto

Where do people choose to put their savings?


Saving Type% People
Emergency Funds11%
Gold11%
Savings Accounts17%
Retirement Accounts11%
Cash Savings18%
Real Estate10%
Investment6%
Stocks5%
Bonds6%
Mutual Funds3%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical to live in Porto

Affordable living in Porto

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Porto?


Yes
72%
No
28%

Around 72% of surveyed residents think that living in Porto is affordable with proper budgeting while 28% reported that it is just too expensive and not affordable even with frugality and thriftness.

Retirement, pension plans, and life after work in Porto

What does the retirement lifestyle look like in Porto and how much retirement savings are required?

Retirement age

The retirement age for most employees in is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Porto:
AgeAmount
256,800 EUR
3014,000 EUR
3524,000 EUR
4034,000 EUR
4551,000 EUR
5072,000 EUR
5586,000 EUR
60110,000 EUR
65130,000 EUR

Retirement Income Distribution

We asked residents about their retirement income sources and below are the results.

Source% People
Pensions13%
Savings22%
Investments13%
Social Security8%
Annuities8%
Part-time Job12%
Real Estate17%
Dividends and Interest8%

Retirement Monthly Expenses in Porto

180 EUR
$200
1,600 EUR
$1,800
18,000 EUR
$20,000
MINIMUM AVERAGE MAXIMUM
How easily is cost-cutting. Are there plenty of low-cost options in Porto

Low-cost alternatives in Porto

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options59%

Few low-cost options41%


Based on the survey, 59% of the people living in Porto have no problem finding low-cost alternatives to support a frugal lifestyle while 41% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents whether they have an emergency fund and the answers were as follows.

Yes68%

No32%


Based on the survey, 32% of the people living in Porto said that they don't have an emergency fund while 68% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Porto

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy67%


We asked residents of whether they acquired any adequate personal financial training in their lives. Approximately 33% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 67% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 34% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 66% said that they have everything under control.

Struggles with finance34%

Easily manages finances66%

Expenditure to Income Ratio in Porto

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Porto

Spending to Income Ratio

84%

76% to 93%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%5%
50% - 60%10%
60% - 70%17%
70% - 80%26%
80% - 90%18%
90% - 100%10%
100% - 110%5%
110% - 120%3%
120% - 130%2%
130% - 140%2%
> 140%1%

Interpretation and Analysis

The average spending-to-salary ratio in Porto is 84% This means that on average, people spend around 84% of their income for living. According to the distribution table, 17% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
76%
Spending-Income-Ratio
69%
84%

Couple
80%
Spending-Income-Ratio
73%
89%

Family
88%
Spending-Income-Ratio
80%
98%

Prices and cost of goods and services in Porto

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Porto

Dining, food, and beverages costs


Fast food combo meal

3.4 EUR 6.9 EUR 11 EUR
MINIMUM AVERAGE MAXIMUM
$3.7 $7.4 $12

Restaurant meal for one

11 EUR 17 EUR 34 EUR
MINIMUM AVERAGE MAXIMUM
$12 $19 $37

Fine dining meal for one

23 EUR 34 EUR 140 EUR
MINIMUM AVERAGE MAXIMUM
$25 $37 $150

Cappuccino or latte

2.9 EUR 4.6 EUR 6.9 EUR
MINIMUM AVERAGE MAXIMUM
$3.1 $5 $7.5

Grocery and market costs


Milk large bottle

2.3 EUR 2.8 EUR 3.4 EUR
MINIMUM AVERAGE MAXIMUM
$2.5 $3 $3.7

12 eggs

1.7 EUR 2.3 EUR 3.4 EUR
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $3.7

Fresh whole chicken

3.9 EUR 5.1 EUR 7.2 EUR
MINIMUM AVERAGE MAXIMUM
$4.2 $5.5 $7.8

Pack of beef

4.6 EUR 6.9 EUR 14 EUR
MINIMUM AVERAGE MAXIMUM
$5 $7.5 $15

Medium bag of rice

1.8 EUR 2.5 EUR 3.6 EUR
MINIMUM AVERAGE MAXIMUM
$2 $2.7 $3.9

Bag of tomatos

0.69 EUR 0.92 EUR 1.7 EUR
MINIMUM AVERAGE MAXIMUM
$0.75 $0.99 $1.9

Bag of apples

1.2 EUR 1.6 EUR 2.6 EUR
MINIMUM AVERAGE MAXIMUM
$1.3 $1.7 $2.9
Chart showing the prices and cost of commute, travel, and transportation in Porto

Commute, travel, and transportation costs


20 minutes taxi ride

2.9 EUR 3.4 EUR 6.9 EUR
MINIMUM AVERAGE MAXIMUM
$3.1 $3.7 $7.5

Average car full tank

17 EUR 23 EUR 46 EUR
MINIMUM AVERAGE MAXIMUM
$19 $25 $50

Average car 1-day rental

17 EUR 23 EUR 34 EUR
MINIMUM AVERAGE MAXIMUM
$18 $25 $37

Average car price

8,500 EUR 17,000 EUR 23,000 EUR
MINIMUM AVERAGE MAXIMUM
$9,300 $19,000 $25,000

Bus ticket one way

0.57 EUR 0.85 EUR 1.7 EUR
MINIMUM AVERAGE MAXIMUM
$0.62 $0.93 $1.9

Car Service

23 EUR 34 EUR 68 EUR
MINIMUM AVERAGE MAXIMUM
$25 $37 $74
Chart showing the prices and cost of utility, energy, water, and gas in Porto

Utility cost (monthly)


Utility Bill - Individual

19 EUR 130 EUR 1,500 EUR
MINIMUM AVERAGE MAXIMUM
$21 $140 $1,600

Utility Bill - Couple

20 EUR 140 EUR 1,600 EUR
MINIMUM AVERAGE MAXIMUM
$21 $160 $1,800

Utility Bill - Family

37 EUR 190 EUR 1,900 EUR
MINIMUM AVERAGE MAXIMUM
$40 $200 $2,000

Internet and cable

17 EUR 34 EUR 46 EUR
MINIMUM AVERAGE MAXIMUM
$19 $37 $50

Mobile phone charges

14 EUR 23 EUR 68 EUR
MINIMUM AVERAGE MAXIMUM
$15 $24 $73

Leisure and activities costs


Movie ticket

8.5 EUR 11 EUR 17 EUR
MINIMUM AVERAGE MAXIMUM
$9.2 $12 $18

One month gym membership

28 EUR 34 EUR 69 EUR
MINIMUM AVERAGE MAXIMUM
$30 $37 $75
Chart showing the prices and cost of clothing and accessories in Porto

Cloths and accessories costs


Pair of jeans or pants

20 EUR 29 EUR 43 EUR
MINIMUM AVERAGE MAXIMUM
$22 $31 $47

Woman dress

19 EUR 27 EUR 86 EUR
MINIMUM AVERAGE MAXIMUM
$21 $29 $94

Woman shoes

18 EUR 25 EUR 57 EUR
MINIMUM AVERAGE MAXIMUM
$20 $27 $62

Men's shoes

16 EUR 19 EUR 38 EUR
MINIMUM AVERAGE MAXIMUM
$17 $21 $41

Men suit

17 EUR 22 EUR 110 EUR
MINIMUM AVERAGE MAXIMUM
$19 $23 $120

Regular t-shirt

8.6 EUR 12 EUR 35 EUR
MINIMUM AVERAGE MAXIMUM
$9.4 $12 $37
Chart showing the prices and cost of housing, accommodation, and rent in Porto

Housing costs / monthly rent


Studio apartment

290 EUR 440 EUR 1,200 EUR
MINIMUM AVERAGE MAXIMUM
$310 $470 $1,300

1-bedroom apartment

440 EUR 700 EUR 1,700 EUR
MINIMUM AVERAGE MAXIMUM
$470 $760 $1,900

2-bedroom apartment

580 EUR 880 EUR 2,300 EUR
MINIMUM AVERAGE MAXIMUM
$630 $950 $2,500

Housing costs / Buying


Studio apartment

58,000 EUR 88,000 EUR 180,000 EUR
MINIMUM AVERAGE MAXIMUM
$63,000 $95,000 $190,000

1-bedroom apartment

70,000 EUR 120,000 EUR 440,000 EUR
MINIMUM AVERAGE MAXIMUM
$76,000 $130,000 $480,000

2-bedroom apartment

120,000 EUR 350,000 EUR 700,000 EUR
MINIMUM AVERAGE MAXIMUM
$130,000 $380,000 $760,000
Chart showing the prices and cost of furniture in Porto

Furniture Costs


King Size Bed

340 EUR 430 EUR 570 EUR
MINIMUM AVERAGE MAXIMUM
$370 $460 $620

Double Bed

230 EUR 340 EUR 430 EUR
MINIMUM AVERAGE MAXIMUM
$250 $370 $470

Single Bed

200 EUR 270 EUR 340 EUR
MINIMUM AVERAGE MAXIMUM
$220 $290 $370

Living Room

380 EUR 490 EUR 1,700 EUR
MINIMUM AVERAGE MAXIMUM
$420 $540 $1,900

Dining Table

170 EUR 230 EUR 430 EUR
MINIMUM AVERAGE MAXIMUM
$190 $250 $460

Sofa or Couch

230 EUR 310 EUR 690 EUR
MINIMUM AVERAGE MAXIMUM
$250 $340 $750
Chart showing the prices and cost of electronic devices and appliances in Porto

Electronics and House Appliance Costs


TV Set

230 EUR 340 EUR 690 EUR
MINIMUM AVERAGE MAXIMUM
$250 $370 $750

Fridge or Freezer

200 EUR 310 EUR 430 EUR
MINIMUM AVERAGE MAXIMUM
$220 $340 $470

Washing Machine

260 EUR 380 EUR 680 EUR
MINIMUM AVERAGE MAXIMUM
$290 $410 $740

Stove or Cooker

240 EUR 310 EUR 430 EUR
MINIMUM AVERAGE MAXIMUM
$270 $340 $470

Mobile Phone

290 EUR 340 EUR 490 EUR
MINIMUM AVERAGE MAXIMUM
$310 $370 $530

Laptop or Computer

310 EUR 380 EUR 690 EUR
MINIMUM AVERAGE MAXIMUM
$340 $420 $750
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Porto

Housing costs, accommodation, and housing affordability in Porto

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Porto

Monthly Rent Prices

Studio apartment monthly rent cost

290 EUR 440 EUR 1,200 EUR
MINIMUM AVERAGE MAXIMUM
$310 $470 $1,300

1-bedroom apartment monthly rent cost

440 EUR 700 EUR 1,700 EUR
MINIMUM AVERAGE MAXIMUM
$470 $760 $1,900

2-bedroom apartment monthly rent cost

580 EUR 880 EUR 2,300 EUR
MINIMUM AVERAGE MAXIMUM
$630 $950 $2,500

3-bedroom apartment monthly rent cost

700 EUR 1,200 EUR 3,200 EUR
MINIMUM AVERAGE MAXIMUM
$760 $1,300 $3,500

Furnished apartment monthly rent cost

1,400 EUR 3,500 EUR 7,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,500 $3,800 $7,600

Townhouse monthly rent cost

1,200 EUR 1,700 EUR 5,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,300 $1,900 $5,400

House monthly rent cost

1,400 EUR 3,500 EUR 7,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,500 $3,800 $7,600

Villa monthly rent cost

1,700 EUR 4,400 EUR 7,000 EUR
MINIMUM AVERAGE MAXIMUM
$1,900 $4,700 $7,600

The monthly rental cost of a studio apartment in Porto ranges between 290 EUR and 1,200 EUR, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 440 EUR to 1,700 EUR. Two-bedroom rentals rate ranges between 580 EUR and 2,300 EUR per month. The monthly rental for a three-bedroom apartment ranges from 700 EUR to 3,200 EUR. The average rent of a townhouse in Porto is around 1,700 EUR while house rental costs can be as high as 3,500 EUR per month. Finally, if you want to rent a villa, expect to pay anywhere from 1,700 EUR to 7,000 EUR per month.



Apartment and house prices in Porto

Cost of buying a property

Studio apartment price

58,000 EUR 88,000 EUR 180,000 EUR
MINIMUM AVERAGE MAXIMUM
$63,000 $95,000 $190,000

1-bedroom apartment price

70,000 EUR 120,000 EUR 440,000 EUR
MINIMUM AVERAGE MAXIMUM
$76,000 $130,000 $480,000

2-bedroom apartment price

120,000 EUR 350,000 EUR 700,000 EUR
MINIMUM AVERAGE MAXIMUM
$130,000 $380,000 $760,000

3-bedroom apartment price

390,000 EUR 580,000 EUR 1.7M EUR
MINIMUM AVERAGE MAXIMUM
$420,000 $630,000 $1.9M

Townhouse price

500,000 EUR 1.2M EUR 4.4M EUR
MINIMUM AVERAGE MAXIMUM
$540,000 $1.3M $4.7M

House price

590,000 EUR 3.5M EUR 5M EUR
MINIMUM AVERAGE MAXIMUM
$630,000 $3.8M $5.4M

Villa price

700,000 EUR 3.9M EUR 5.8M EUR
MINIMUM AVERAGE MAXIMUM
$760,000 $4.2M $6.3M

The average price of a studio apartment in Porto can range from 58,000 EUR to 180,000 EUR depending on location. One bedroom cost can be anywhere from 70,000 EUR to 440,000 EUR. A villa can cost you 3.9M EUR on average with prices ranging from 700,000 EUR to 5.8M EUR.


If you're leasing or purchasing, housing costs in Porto will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


42 x125 monthly income 220
MINIMUM AVERAGE MAXIMUM

Property prices in Porto can be x125 to x220 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x125 multiples of the average monthly salary in Porto.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


22% 33% of income 43%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Porto is around 33%. This means that people pay 33% of their income for rent. Those figures can range from 22% to 43% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
30%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2.2%
AVERAGE
3.2%
TO
4.2%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


5 EUR 50 EUR 750 EUR
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Porto

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Porto

Utility Bill Cost / Electricity + Water + Gas / Individual

19 EUR 130 EUR 1,500 EUR
MINIMUM AVERAGE MAXIMUM
$21 $140 $1,600

Utility Bill Cost / Electricity + Water + Gas / Couple

20 EUR 140 EUR 1,600 EUR
MINIMUM AVERAGE MAXIMUM
$21 $160 $1,800

Utility Bill Cost / Electricity + Water + Gas / Family

37 EUR 190 EUR 1,900 EUR
MINIMUM AVERAGE MAXIMUM
$40 $200 $2,000

Internet and cable cost

17 EUR 34 EUR 46 EUR
MINIMUM AVERAGE MAXIMUM
$19 $37 $50

Mobile phone bill and charges

14 EUR 23 EUR 68 EUR
MINIMUM AVERAGE MAXIMUM
$15 $24 $73

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Porto ranges between 19 EUR and 1,500 EUR with average being 130 EUR, meanwhile the expenditure of couples is slightly higher at 140 EUR with 20 EUR and 1,600 EUR being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 190 EUR. The cost of internet and WiFi is unchanged among the three groups and ranges from 17 EUR to 46 EUR with 34 EUR being the average internet bill. Finally, the average monthly mobile charges is around 23 EUR but can range between 14 EUR and 68 EUR depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


2% 5.1% of income 9.2%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Porto is around 5.1%. This means that people pay 5.1% of their income for energy, water, internet, and mobile charges. Those figures can range from 2% to 9.2% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Porto

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Porto

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

3.4 EUR 6.9 EUR 11 EUR
MINIMUM AVERAGE MAXIMUM
$3.7 $7.4 $12

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Porto is approximatly 6.9 EUR with meal cost ranging from 3.4 EUR to 11 EUR. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

11 EUR 17 EUR 34 EUR
MINIMUM AVERAGE MAXIMUM
$12 $19 $37

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 11 EUR and 34 EUR with 17 EUR being the average price of a plate for one person at a regular restaurant in Porto.

Fine dining meal for one price

23 EUR 34 EUR 140 EUR
MINIMUM AVERAGE MAXIMUM
$25 $37 $150

The price range of a meal at fine-dining restaurant is 23 EUR to 140 EUR with the average cost being 34 EUR for one person. This is what you would expect to pay a top-tier diner in Porto.

Beverage prices, cappuccino, latte etc..

2.9 EUR 4.6 EUR 6.9 EUR
MINIMUM AVERAGE MAXIMUM
$3.1 $5 $7.5

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Porto is around 4.6 EUR. Price ranges between 2.9 EUR and 6.9 EUR depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

2.3 EUR 2.8 EUR 3.4 EUR
MINIMUM AVERAGE MAXIMUM
$2.5 $3 $3.7

The average price of a large bottle of milk in Porto is 2.8 EUR. The maximum what you would pay for milk is 3.4 EUR and the minimum being 2.3 EUR depending on the brand of milk and other properties.

12 eggs price

1.7 EUR 2.3 EUR 3.4 EUR
MINIMUM AVERAGE MAXIMUM
$1.9 $2.5 $3.7

A dozen eggs costs around 2.3 EUR on average with 1.7 EUR and 3.4 EUR being the lower and upper limits respectively.

Fresh whole chicken price

3.9 EUR 5.1 EUR 7.2 EUR
MINIMUM AVERAGE MAXIMUM
$4.2 $5.5 $7.8

The price range of a fresh whole chicken in Porto is between 3.9 EUR and 7.2 EUR depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 5.1 EUR.

Pack of beef price

4.6 EUR 6.9 EUR 14 EUR
MINIMUM AVERAGE MAXIMUM
$5 $7.5 $15

The price of a regular pack of beef or meat is around 6.9 EUR. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

1.8 EUR 2.5 EUR 3.6 EUR
MINIMUM AVERAGE MAXIMUM
$2 $2.7 $3.9

A bag of rice in Porto costs around 2.5 EUR on average with prices rangeing between 1.8 EUR and 3.6 EUR depending on the brand and quality.

Bag of tomatos price

0.69 EUR 0.92 EUR 1.7 EUR
MINIMUM AVERAGE MAXIMUM
$0.75 $0.99 $1.9

A bag of tomatoes costs anywhere from 0.69 EUR to 1.7 EUR. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

1.2 EUR 1.6 EUR 2.6 EUR
MINIMUM AVERAGE MAXIMUM
$1.3 $1.7 $2.9

A bag of apples costs 1.6 EUR on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


17% 25% of income 32%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Porto is around 25%. This means that people spend 25% of their income on grocery and basic household items. The expenditure can range from 17% to 32% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 360 EUR per month on grocery and food with expenditure fluctuating between 51 EUR and 4,000 EUR depending on location and the type of person. The average cost of food and groceries for a couple is around 450 EUR per month. That number can be get as low as 70 EUR or a high as 4,200 EUR. Families' spending on grocery ranges from 130 EUR to 6,700 EUR with the location, income, and size of the family being the most determinite factors.

Cost of living comparison by city

#1 Funchal

The average cost of living in Funchal is 1,800 EUR, which is 50% less than the country average. Funchal is ranked first in Portugal in terms of expendenture and cost of living.


#2 Porto

The average cost of living in Porto is 2,500 EUR, which is same as the country average. Porto is ranked second in Portugal in terms of expendenture and cost of living.


#3 Lisbon

The average cost of living in Lisbon is 3,300 EUR, which is 50% more than the country average. Lisbon is ranked third in Portugal in terms of expendenture and cost of living.


Published: September 11, 2024   Last Update: April 20, 2025



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