Cost Of Living For a Single Person in Macao 2025

Single person cost of living chart - individual average monthly expenditure in Macao

Average Monthly Expenditure

Currency: MOP
710 5,100 34,000
MINIMUM AVERAGE MAXIMUM
$88 $630 $4,200

Average monthly spending for a single person or individual in Macao

How much money does an individual need in a month to survive in Macao?

A single person in Macao spends around 5,100 MOP per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 710 MOP or as high as 34,000 MOP. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Macao


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

Dining, food, and beverages costs


Fast food combo meal

7.5 MOP 15 MOP 25 MOP
MINIMUM AVERAGE MAXIMUM
$0.93 $1.9 $3.1

Restaurant meal for one

25 MOP 37 MOP 75 MOP
MINIMUM AVERAGE MAXIMUM
$3.1 $4.6 $9.3

Fine dining meal for one

50 MOP 75 MOP 300 MOP
MINIMUM AVERAGE MAXIMUM
$6.2 $9.3 $37

Cappuccino or latte

6.2 MOP 10 MOP 15 MOP
MINIMUM AVERAGE MAXIMUM
$0.77 $1.2 $1.9

Grocery and market costs


Milk large bottle

5 MOP 6 MOP 7.5 MOP
MINIMUM AVERAGE MAXIMUM
$0.62 $0.74 $0.93

12 eggs

3.7 MOP 5 MOP 7.5 MOP
MINIMUM AVERAGE MAXIMUM
$0.46 $0.62 $0.93

Fresh whole chicken

8.5 MOP 11 MOP 16 MOP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $1.9

Pack of beef

10 MOP 15 MOP 30 MOP
MINIMUM AVERAGE MAXIMUM
$1.2 $1.9 $3.7

Medium bag of rice

4 MOP 5.5 MOP 7.8 MOP
MINIMUM AVERAGE MAXIMUM
$0.50 $0.68 $0.97

Bag of tomatos

1.5 MOP 2 MOP 3.7 MOP
MINIMUM AVERAGE MAXIMUM
$0.19 $0.25 $0.46

Bag of apples

2.7 MOP 3.5 MOP 5.8 MOP
MINIMUM AVERAGE MAXIMUM
$0.33 $0.43 $0.71
Chart showing the prices and cost of commute, travel, and transportation in Macao


Commute, travel, and transportation costs


20 minutes taxi ride

6.2 MOP 7.5 MOP 15 MOP
MINIMUM AVERAGE MAXIMUM
$0.77 $0.93 $1.9

Average car full tank

37 MOP 50 MOP 100 MOP
MINIMUM AVERAGE MAXIMUM
$4.6 $6.2 $12

Average car 1-day rental

37 MOP 50 MOP 75 MOP
MINIMUM AVERAGE MAXIMUM
$4.6 $6.2 $9.3

Average car price

19,000 MOP 37,000 MOP 50,000 MOP
MINIMUM AVERAGE MAXIMUM
$2,300 $4,600 $6,200

Bus ticket one way

1.2 MOP 1.9 MOP 3.7 MOP
MINIMUM AVERAGE MAXIMUM
$0.15 $0.23 $0.46

Car Service

50 MOP 75 MOP 150 MOP
MINIMUM AVERAGE MAXIMUM
$6.2 $9.3 $19
Chart showing the prices and cost of utility, energy, water, and gas in Macao


Utility cost (monthly)


Utility Bill - Individual

43 MOP 300 MOP 2,000 MOP
MINIMUM AVERAGE MAXIMUM
$5.3 $38 $250

Internet and cable

37 MOP 75 MOP 100 MOP
MINIMUM AVERAGE MAXIMUM
$4.6 $9.3 $12

Mobile phone charges

30 MOP 50 MOP 150 MOP
MINIMUM AVERAGE MAXIMUM
$3.7 $6.2 $19

Leisure and activities costs


Movie ticket

19 MOP 25 MOP 37 MOP
MINIMUM AVERAGE MAXIMUM
$2.3 $3.1 $4.6

One month gym membership

60 MOP 75 MOP 150 MOP
MINIMUM AVERAGE MAXIMUM
$7.4 $9.3 $19
Chart showing the prices and cost of clothing and accessories in Macao


Cloths and accessories costs


Pair of jeans or pants

44 MOP 62 MOP 94 MOP
MINIMUM AVERAGE MAXIMUM
$5.5 $7.7 $12

Woman dress

42 MOP 58 MOP 190 MOP
MINIMUM AVERAGE MAXIMUM
$5.2 $7.1 $23

Woman shoes

39 MOP 53 MOP 120 MOP
MINIMUM AVERAGE MAXIMUM
$4.9 $6.6 $15

Men's shoes

34 MOP 42 MOP 83 MOP
MINIMUM AVERAGE MAXIMUM
$4.2 $5.2 $10

Men suit

37 MOP 47 MOP 250 MOP
MINIMUM AVERAGE MAXIMUM
$4.6 $5.8 $31

Regular t-shirt

19 MOP 25 MOP 75 MOP
MINIMUM AVERAGE MAXIMUM
$2.3 $3.1 $9.3
Chart showing the prices and cost of housing, accommodation, and rent in Macao


Housing costs / monthly rent


Studio apartment

620 MOP 940 MOP 2,500 MOP
MINIMUM AVERAGE MAXIMUM
$77 $120 $310

1-bedroom apartment

940 MOP 1,500 MOP 3,700 MOP
MINIMUM AVERAGE MAXIMUM
$120 $190 $460

2-bedroom apartment

1,200 MOP 1,900 MOP 5,000 MOP
MINIMUM AVERAGE MAXIMUM
$150 $230 $620

Housing costs / Buying


Studio apartment

120,000 MOP 190,000 MOP 370,000 MOP
MINIMUM AVERAGE MAXIMUM
$15,000 $23,000 $46,000

1-bedroom apartment

150,000 MOP 250,000 MOP 940,000 MOP
MINIMUM AVERAGE MAXIMUM
$19,000 $31,000 $120,000

2-bedroom apartment

250,000 MOP 750,000 MOP 1.5M MOP
MINIMUM AVERAGE MAXIMUM
$31,000 $93,000 $190,000
Chart showing the prices and cost of furniture in Macao


Furniture Costs


King Size Bed

750 MOP 940 MOP 1,200 MOP
MINIMUM AVERAGE MAXIMUM
$93 $120 $150

Double Bed

500 MOP 750 MOP 940 MOP
MINIMUM AVERAGE MAXIMUM
$62 $93 $120

Single Bed

440 MOP 580 MOP 750 MOP
MINIMUM AVERAGE MAXIMUM
$55 $71 $93

Living Room

830 MOP 1,100 MOP 3,700 MOP
MINIMUM AVERAGE MAXIMUM
$100 $130 $460

Dining Table

370 MOP 500 MOP 940 MOP
MINIMUM AVERAGE MAXIMUM
$46 $62 $120

Sofa or Couch

500 MOP 680 MOP 1,500 MOP
MINIMUM AVERAGE MAXIMUM
$62 $84 $190
Chart showing the prices and cost of electronic devices and appliances in Macao


Electronics and House Appliance Costs


TV Set

500 MOP 750 MOP 1,500 MOP
MINIMUM AVERAGE MAXIMUM
$62 $93 $190

Fridge or Freezer

440 MOP 680 MOP 940 MOP
MINIMUM AVERAGE MAXIMUM
$55 $84 $120

Washing Machine

580 MOP 830 MOP 1,500 MOP
MINIMUM AVERAGE MAXIMUM
$71 $100 $190

Stove or Cooker

530 MOP 680 MOP 940 MOP
MINIMUM AVERAGE MAXIMUM
$66 $84 $120

Mobile Phone

620 MOP 750 MOP 1,100 MOP
MINIMUM AVERAGE MAXIMUM
$77 $93 $130

Laptop or Computer

680 MOP 830 MOP 1,500 MOP
MINIMUM AVERAGE MAXIMUM
$84 $100 $190
Single person or Individual cost of living and expenditure to income ratio in Macao

Single person expenditure to income ratio in Macao

Analysing the how affordable it is for an individual to live in Macao

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. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

77%

71% to 86%

( expenditure / income ) x 100


Individuals in Macao spend around 77% of their monthly income. Some individuals spend as low as 71% of their income while some as high as 86%.

Distribution of monthly cost of living expenses of a single person in Macao

How do individuals spend their money in Macao?

We asked thousands of individuals about their spending habits and expenditure break down.


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 and accomodation expenditure for individuals

Accomodation Cost31%

31% of total expenses on average (19% to 43%)

LOW$32   260 MOP
AVERAGE$230   1,800 MOP
HIGH$1,500   12,000 MOP
Per Month

Individuals in Macao typically spend from 19% to 43% of their total monthly expenditure on housing with 31% being the average. The average monthly spend on housing is 1,800 MOP with expenditure ranging from 260 MOP to 12,000 MOP. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for individuals

Cost of utilities8%

8% of total expenses on average (4% to 13%)

LOW$5.3   43 MOP
AVERAGE$38   300 MOP
HIGH$250   2,000 MOP
Per Month

Utility expenditure like electricity, water, and gas in Macao ranges from 4% to 13% of total expenses with 8% being the average for most individuals. The average monthly cost of utilities is 300 MOP with 43 MOP and 2,000 MOP being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel5%

5% of total expenses on average (3% to 11%)

LOW$7.1   57 MOP
AVERAGE$50   400 MOP
HIGH$330   2,700 MOP
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 57 MOP to 2,700 MOP in a month on commuting with 400 MOP being the norm for most individuals. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 3% or as high as 11%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost19%

19% of total expenses on average (13% to 24%)

LOW$14   110 MOP
AVERAGE$100   810 MOP
HIGH$670   5,400 MOP
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Macao is 810 MOP. The cost of groceries can range between 110 MOP to 5,400 MOP. Individuals spend on average about 19% on food and groceries with upper and lower bounds of 13% and 24% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare12%

12% of total expenses on average (6% to 16%)

LOW$7.9   64 MOP
AVERAGE$56   450 MOP
HIGH$380   3,000 MOP
Per Month

Individuals in Macao allocate 6% to 16% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 12%. The range of medical expenses range from 64 MOP to 3,000 MOP with 450 MOP being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping3%

3% of total expenses on average (2% to 6%)

LOW$4.4   36 MOP
AVERAGE$31   250 MOP
HIGH$210   1,700 MOP
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 36 MOP to 1,700 MOP with 250 MOP being the average. Speaking of percentages, that equates to 2% to 6% of total expenses with an average of 3% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling1%

1% of total expenses on average (0.00% to 3%)

LOW$1.8   14 MOP
AVERAGE$13   100 MOP
HIGH$84   670 MOP
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 1% of the monthly expenditure of individuals with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 100 MOP per month with 14 MOP being the minimum spent amount and 670 MOP being the maximum.

Other Expenses21%

21% of total expenses on average (13% to 25%)

LOW$16   130 MOP
AVERAGE$110   910 MOP
HIGH$750   6,100 MOP
Per Month
Percentage of individuals who manage to save money from their income every month in Macao

What percentage of individuals in Macao are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
63%
Not Saving
37%

Almost 63% of surveyed individuals in Macao said that they can save some money at the end of each month while 37% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in Macao

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.


How much money do individuals manage to add to their savings?

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.

Saving to Income Ratio

12% 20% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

190 MOP
$23
1,700 MOP
$210
11,000 MOP
$1,400
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%32%
10% - 20%25%
20% - 30%16%
30% - 40%13%
40% - 50%10%
> 50%4%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 12% to 31% of their monthly income to their savings, with 20% being the average for most individuals. The average monthly amount of money that individuals can put aside is 1,700 MOP with 190 MOP and 11,000 MOP being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Macao

Saving Challenges in Macao

Reasons that make it difficult for individuals to save money

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


Reason% People
Low Income5%
High Expenses8%
Debt and Loans15%
Lack of Budgeting Skills11%
Impulsive Spending11%
Financial Emergencies7%
Living the moment6%
Will do it later19%
Inflation12%
Social Pressure3%
Market Instability2%

Around 5% of the individuals said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 15% 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. 11% of individuals blamed impulsive spending as the reason for saving inability. Around 7% 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, 2% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in Macao

Typical saving choices for individuals in Macao

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold12%
Savings Accounts17%
Retirement Accounts10%
Cash Savings19%
Real Estate9%
Investment5%
Stocks5%
Bonds5%
Mutual Funds2%
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 for individuals to live in Macao

Affordable living in Macao

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Macao?


Yes
56%
No
44%

Around 56% of surveyed individuals think that living in Macao is affordable with proper budgeting while 44% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Macao

Low-cost alternatives in Macao

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 individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options55%

Few low-cost options45%


Based on the survey, 55% of the individuals living in Macao have no problem finding low-cost alternatives to support a frugal lifestyle while 45% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Individuals

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 individuals of Macao whether they have an emergency fund and the answers were as follows.

Yes52%

No48%


Based on the survey, 48% of the individuals living in Macao said that they don't have an emergency fund while 52% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Macao

Financial Literacy in Macao

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 Leteracy51%


We asked individuals in Macao whether they acquired any adequate personal financial training in their lives. Approximately 49% 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 51% 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 single people of Macao have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 50% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 50% said that they have everything under control.

Struggles with finance50%

Easily manages finances50%

Financial goals and targets of single people living in Macao

Financial goals of individuals in Macao

In an attempt to understand the economic situation in Macao, 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 Fund8%
Debt Reduction39%
Retirement Savings9%
Education Funding7%
Homeownership18%
Investing7%
Travel or Lifestyle8%
Healthcare Expenses12%
Financial Independence6%

Around 8% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 39% 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 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 7% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 8% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 12% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in Macao

Debt, loans, and mortgages in Macao


Percentage of individuals who are in debt


In Debt
33%
Debt Free
67%

According to the survey, 33% of the individuals in Macao have some kind of debt, loan, mortgage, or credit card payments while 67% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Macao

Debt-to-income ratio in Macao

Debt to income ratio

31%

22% to 40%

( 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 31% of a single person's monthly income in Macao goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%16%
40% - 50%13%
30% - 40%15%
20% - 30%12%
10% - 20%14%
0% - 10%26%

According to our data, 3% of the debtors in Macao pay 60%+ of their income as debt settlement while 16% 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 12% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Macao

Debt% People
Real Estate Mortgage10%
Auto Loan18%
Student Loan4%
Credit Card28%
Personal Loan41%

10% of debtors in Macao confirm that real estate mortgages constitutes the main part of their outstanding debt while 28% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 18% of people and personal loans rose at 41%. Lastly, student loans are the main source of debt for 4% of debtors in Macao.


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 Macao

Besides measuring the loan-to-income ratio, we asked individuals of Macao 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
Never52%
Once a year23%
Twice a year12%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Macao

Housing costs, accommodation, and housing affordability in Macao

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


Rent Cost in Macao

Monthly Rent Prices

Studio apartment monthly rent cost

620 MOP 940 MOP 2,500 MOP
MINIMUM AVERAGE MAXIMUM
$77 $120 $310

1-bedroom apartment monthly rent cost

940 MOP 1,500 MOP 3,700 MOP
MINIMUM AVERAGE MAXIMUM
$120 $190 $460

2-bedroom apartment monthly rent cost

1,200 MOP 1,900 MOP 5,000 MOP
MINIMUM AVERAGE MAXIMUM
$150 $230 $620

3-bedroom apartment monthly rent cost

1,500 MOP 2,500 MOP 6,800 MOP
MINIMUM AVERAGE MAXIMUM
$190 $310 $840

Furnished apartment monthly rent cost

3,000 MOP 7,500 MOP 15,000 MOP
MINIMUM AVERAGE MAXIMUM
$370 $930 $1,900

Townhouse monthly rent cost

2,500 MOP 3,700 MOP 11,000 MOP
MINIMUM AVERAGE MAXIMUM
$310 $460 $1,300

House monthly rent cost

3,000 MOP 7,500 MOP 15,000 MOP
MINIMUM AVERAGE MAXIMUM
$370 $930 $1,900

Villa monthly rent cost

3,700 MOP 9,400 MOP 15,000 MOP
MINIMUM AVERAGE MAXIMUM
$460 $1,200 $1,900

The monthly rental cost of a studio apartment in Macao ranges between 620 MOP and 2,500 MOP, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 940 MOP to 3,700 MOP. Two-bedroom rentals rate ranges between 1,200 MOP and 5,000 MOP per month. The monthly rental for a three-bedroom apartment ranges from 1,500 MOP to 6,800 MOP. The average rent of a townhouse in Macao is around 3,700 MOP while house rental costs can be as high as 7,500 MOP per month. Finally, if you want to rent a villa, expect to pay anywhere from 3,700 MOP to 15,000 MOP per month.



Apartment and house prices in Macao

Cost of buying a property

Studio apartment price

120,000 MOP 190,000 MOP 370,000 MOP
MINIMUM AVERAGE MAXIMUM
$15,000 $23,000 $46,000

1-bedroom apartment price

150,000 MOP 250,000 MOP 940,000 MOP
MINIMUM AVERAGE MAXIMUM
$19,000 $31,000 $120,000

2-bedroom apartment price

250,000 MOP 750,000 MOP 1.5M MOP
MINIMUM AVERAGE MAXIMUM
$31,000 $93,000 $190,000

3-bedroom apartment price

830,000 MOP 1.2M MOP 3.7M MOP
MINIMUM AVERAGE MAXIMUM
$100,000 $150,000 $460,000

Townhouse price

1.1M MOP 2.5M MOP 9.4M MOP
MINIMUM AVERAGE MAXIMUM
$130,000 $310,000 $1.2M

House price

1.2M MOP 7.5M MOP 11M MOP
MINIMUM AVERAGE MAXIMUM
$150,000 $930,000 $1.3M

Villa price

1.5M MOP 8.3M MOP 12M MOP
MINIMUM AVERAGE MAXIMUM
$190,000 $1M $1.5M

The average price of a studio apartment in Macao can range from 120,000 MOP to 370,000 MOP depending on location. One bedroom cost can be anywhere from 150,000 MOP to 940,000 MOP. A villa can cost you 8.3M MOP on average with prices ranging from 1.5M MOP to 12M MOP.


If you're leasing or purchasing, housing costs in Macao 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


34 x96 monthly income 198
MINIMUM AVERAGE MAXIMUM

Property prices in Macao can be x96 to x198 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x96 multiples of the average monthly salary in Macao.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 30% of income 40%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Macao is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 20% to 40% 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
28%

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%
AVERAGE
3%
TO
4%

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.


11 MOP 150 MOP 1,500 MOP
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 Macao

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / A single person

43 MOP 300 MOP 2,000 MOP
MINIMUM AVERAGE MAXIMUM
$5.3 $38 $250

Internet and cable cost

37 MOP 75 MOP 100 MOP
MINIMUM AVERAGE MAXIMUM
$4.6 $9.3 $12

Mobile phone bill and charges

30 MOP 50 MOP 150 MOP
MINIMUM AVERAGE MAXIMUM
$3.7 $6.2 $19

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 energy and water consumption of individuals is around 300 MOP. The cost of internet and WiFi ranges from 37 MOP to 100 MOP with 75 MOP being the average internet bill. Finally, the average monthly mobile charges is around 50 MOP but can range between 30 MOP and 150 MOP 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


3% 6% of income 10%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Macao is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Macao

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


Prices and cost of goods and services in Macao

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

Fast food combo meal price

7.5 MOP 15 MOP 25 MOP
MINIMUM AVERAGE MAXIMUM
$0.93 $1.9 $3.1

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Macao is approximatly 15 MOP with meal cost ranging from 7.5 MOP to 25 MOP. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

25 MOP 37 MOP 75 MOP
MINIMUM AVERAGE MAXIMUM
$3.1 $4.6 $9.3

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 25 MOP and 75 MOP with 37 MOP being the average price of a plate for one person at a regular restaurant in Macao.

Fine dining meal for one price

50 MOP 75 MOP 300 MOP
MINIMUM AVERAGE MAXIMUM
$6.2 $9.3 $37

The price range of a meal at fine-dining restaurant is 50 MOP to 300 MOP with the average cost being 75 MOP for one person. This is what you would expect to pay a top-tier diner in Macao.

Beverage prices, cappuccino, latte etc..

6.2 MOP 10 MOP 15 MOP
MINIMUM AVERAGE MAXIMUM
$0.77 $1.2 $1.9

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Macao is around 10 MOP. Price ranges between 6.2 MOP and 15 MOP depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

5 MOP 6 MOP 7.5 MOP
MINIMUM AVERAGE MAXIMUM
$0.62 $0.74 $0.93

The average price of a large bottle of milk in Macao is 6 MOP. The maximum what you would pay for milk is 7.5 MOP and the minimum being 5 MOP depending on the brand of milk and other properties.

12 eggs price

3.7 MOP 5 MOP 7.5 MOP
MINIMUM AVERAGE MAXIMUM
$0.46 $0.62 $0.93

A dozen eggs costs around 5 MOP on average with 3.7 MOP and 7.5 MOP being the lower and upper limits respectively.

Fresh whole chicken price

8.5 MOP 11 MOP 16 MOP
MINIMUM AVERAGE MAXIMUM
$1.1 $1.4 $1.9

The price range of a fresh whole chicken in Macao is between 8.5 MOP and 16 MOP depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 11 MOP.

Pack of beef price

10 MOP 15 MOP 30 MOP
MINIMUM AVERAGE MAXIMUM
$1.2 $1.9 $3.7

The price of a regular pack of beef or meat is around 15 MOP. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

4 MOP 5.5 MOP 7.8 MOP
MINIMUM AVERAGE MAXIMUM
$0.50 $0.68 $0.97

A bag of rice in Macao costs around 5.5 MOP on average with prices rangeing between 4 MOP and 7.8 MOP depending on the brand and quality.

Bag of tomatos price

1.5 MOP 2 MOP 3.7 MOP
MINIMUM AVERAGE MAXIMUM
$0.19 $0.25 $0.46

A bag of tomatoes costs anywhere from 1.5 MOP to 3.7 MOP. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

2.7 MOP 3.5 MOP 5.8 MOP
MINIMUM AVERAGE MAXIMUM
$0.33 $0.43 $0.71

A bag of apples costs 3.5 MOP 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


19% 27% of income 33%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Macao is around 27%. This means that individuals spend 27% of their income on grocery and basic household items. The expenditure can range from 19% to 33% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 110 MOP to 5,400 MOP with the location, income being the most determinite factors.

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