Cost Of Living In Portugal In 2022 {Real-Life Case Study]

The cost of living in Portugal is excellent if you plan to move there soon as a foreigner. This is one of the significant reasons foreigners love to live in this country because the cost of living is not a lot, and it is a specific Western European country. It can be said that Portugal has the lowest cost of living in Europe, which is why you should consider moving to this country at any time in the future if you plan to live your retirement life peacefully. It doesn’t matter what you are purchasing, whether it is going to be grocery or any other thing; it will not cost you a lot of money. 

Most people in this country have to pay less than 31% of their income and lifestyle, and the rest of the money can be saved. Suppose you are planning to move to a European country anytime soon. In that case, Portugal will be a better option for you than the United Kingdom because the cost of housing and Accommodation is 40% less over here compared to the United States and the UK. If you are going to be an ex-pat anytime soon and Portugal, then you will be thrilled because you will live a high-quality lifestyle in this country. Just because you will be paying less money in the cost of living does not mean that you will enjoy a below standard Lifestyle because there is no compromise on that. 

The life standard is high in the country, and you can have great expectations after moving to this country! The climate in this country is fantastic, and there are warm and beautiful beaches over here as well. They will make this country even more beautiful and easy to live in. You can easily set your budget according to your expectations and requirement and start living in Portugal.

In this article, we will discuss the cost of living in Portugal, and it is going to be a real-life case study for your coding for the year 2022. So keep reading to find out more information below and an in-depth review of how much you have to pay to live in Portugal.

How Much Does It Cost To Live Your Life In Portugal?

If you compare the lifestyle of Portugal to all other European countries, you will find out the rate is the most suitable and affordable place for you to live in Europe. After the deduction of all the taxes, the monthly average salary of an average person in Portugal is anywhere around 900 euros. If you adopt a frugal lifestyle in this country, it will be straightforward for you to spend the initial years of your life and have plenty of savings by the end of the year. There are many people in Portugal right now who are living there live in less than 850 euros per month. 

If you don’t have a lot of income, you can consider living in a smaller city in the country and then as a couple you will be able to manage for less than 1200 euros per month. However, you will not be able to live an extremely lavish life with this much money. However, it will still be a comfortable lifestyle for you in which you can go to a restaurant with your partner and go on trips on the weekend with your family. If you want to live in a major city in Portugal, such as less, it will be costly because it is the country’s capital. 

To live in a big city, you should earn at least 1700 euros a month, which will be only your expense if you want to enjoy your comfortable and decent lifestyle in this city. Only the other hand, if you are not willing to spend this much money every month, living in a smaller city is always an option for you in Portugal.

Cost Of Housing And Accommodation In Portugal

If you want to live in Portugal, then accommodation and Housing are extremely portable here compared to any other European country, which is why it is a plus point if you want to live here as a foreigner. If you rent a small apartment in Portugal, it will cost you around 350 euros monthly. Remember that this is the cost of a small apartment in a small city in the country. The same will not be the amount you have to pay if you want to get a small apartment in a major city in Portugal, such as Lisbon. If you are planning to rent a small apartment in Lisbon, you have to be prepared to pay four times more than what you have to pay in a smaller City for a smaller apartment!

On the other hand, if you want to live in the heart of a major City, then as a foreigner, you should be ready to pay around 1000 euros per month for your small apartment. If you want to rent a bigger Apartment, I want to live a lavish lifestyle in the central city, then be prepared to pay a hefty amount of 2000 every month! However, if you live out of the city center, you can save at least 200 euros. It will be affordable if you step down a little bit and want to live in the second major city in Portugal, Porto. 

The rental property is cheap in this city compared to Portugal’s largest city and capital. It is still a trendy area to live in, and you can expect to pay around 600 or 800 euros for a small apartment in this city. If you want a three-bedroom apartment, it will cost you at least 1300 euros monthly. If living in a major city and the heart of the city is not necessary for you, then you can also live in the suburbs of a major city and you will be able to save a lot of money. You can expect to pay around 600 per month for a 3-bedroom apartment in this area.

As A Foreigner, How Much Do You Have To Pay For Utilities In Portugal?

As a foreigner, you must know that rent will consume a significant chunk of your monthly salary and income. After that, the second most crucial monthly expense for you will be the utilities. You must be wondering how much you have to pay for utilities when you are living in Portugal, and that is why we are here to answer this critical question for you today! 

Setting up your budget for home services and utilities is very important before moving to Portugal; you need to keep that in mind. If you want an internet package in the country, it will cost you around 35 euros. You must pay at least 100 euros per month, the combined cost of electricity, gas, water, and garbage collection services. This is an average estimate and the average amount a person has to pay for utility when living in Portugal. It would help if you still were very mindful and careful about the cost of running an air conditioner and other expenses. 

You can save as much electricity as possible by living as frugally as possible, and then you will be able to reduce your cost of utilities every single month. It will be much easier for you to spend your life peacefully in this country with your family. The best part about living in this country is that it is not extremely cold over here, so you don’t have to spend much on heating expenses for your home.

How Much Do You Have To Pay For Health Care In Portugal?

As we have mentioned, Portugal is one of the most affordable your been countries to living, and you will be able to live a high-quality Lifestyle once you move with your family. Just because it is a reasonable and affordable country to live in does not mean there will be any compromise on the health care system because you will be able to enjoy good quality Health Care at a reasonable cost in this country. 

The best part about living in this country is that medical care is not expensive, which applies to all the basic medical care systems. However, if you have any complicated help challenges, it can be a little bit expensive for you as a foreigner. However, you can eliminate that problem because you can always get international Health Care Insurance, which will solve most of your healthcare problems while living in Portugal. You can do that after getting a residency or work visa for a foreigner, and then the health care policy will apply to you in the country. 

It is a significant step you need to take after moving to Portugal, and it is for the country’s safety as well because the country’s administration will know that you will not be a burden on their system. After all, your insurance will be covered by intentional Health Insurance. You first need to sign up for the public healthcare program in Portugal, and then you will be able to access universal Healthcare. 

However, you need to keep that in your mind it is not entirely free, and there is a specific fee that you have to pay for multiple services. And you need to remember that some healthcare services, such as dental and vision-related healthcare services, are not covered in this healthcare system. You need to get this health care plan because 20% of the citizens already have a private insurance Health Care plan to make sure they day doesn’t have to face any Healthcare issues while they are living in Portugal. If you are a foreigner and choose an International health insurance plan, the good news is that you will get in English-speaking doctors. 

If you already do not speak Portuguese or are not fluent in this language, there is nothing to worry about, and you can have peace of mind while getting your medical treatment done in the country. You will not have to face any communication barrier while talking to your doctor; it will be an excellent and satisfactory service for you in the long run for your health care. Getting this International Healthcare insurance is a win-win situation for you because it will also cover you in multiple other countries if you plan to move there anytime shown in the future. 

There is no disadvantage to getting health insurance, so you should go for this one. This is the best choice for you if you are looking forward to Explorer Europe and Mediterranean countries anytime soon in the future with your family.

How Much Do You Have To Pay For Food Expenses In Portugal?

Food and entertainment will be a significant expense for you after Healthcare and accommodation. It will be a substantial chunk of your income and will only depend upon the lifestyle you want in this country. An average person will spend around 300 euros per month on their groceries. Remember that the grocery amount includes all the grocery staples, such as fruits, vegetables, and rice, you must consume monthly.

 These fruits will cost less than 3 euros per pound, and milk costs 4 euros per gallon. Three euros is the price for a dozen eggs, and chicken is 3.5 euros. The most significant advantage regarding food expenses when you are living in Portugal is that the food items considered a luxury in many parts of the world are produced locally in this country. 

That is why you can enjoy the benefit because these things, such as olive oil, seafood, and wine, are very inexpensive in this country. A wine bottle will cost only 6 Euros, and a beer bottle will cost 2 euros. If you want to get something meaningful from another country, such as breakfast cereal, it will be expensive in the country.

How Much Do You Have To Pay To Eat Out In Portugal?

Fortunately, the good news is that you don’t have to pay much money if you want to eat out in Portugal because it is pretty portable. A simple cup of cappuccino will cost you only three euros per cup. On the other hand, if you want to get a large sandwich, it is only 5 euros. It does not cause to a lot of money if you want to eat out with your family on the weekends, and you will be able to manage that quickly even if you have an average income while living in Portugal. 

However, you need to consider that these costs will depend upon where you reside, particularly in Portugal, because the prices differ for every place and city. For example, if you live in a small town, you will not have to pay a lot for eating out. But if you live in a major city such as Lisbon, you can expect to pay double the money for eating at a good restaurant or cafe.

Conclusion

People in many different countries are exploring options and where they can have a lavish lifestyle. Nowadays, people are not limited to living in the country where they were born because they have tried to enjoy a good quality lifestyle and excellent health care. If you move to the best European country possible, Portugal, you will get all these things. It is a country where you will enjoy your cost of living, but there will not be any compromise on the quality of education and Healthcare. 

The best part about this country is that it has had an incredible climate and weather all your life; that is why it is also known as a Mediterranean paradise because of the beautiful beaches you will enjoy. The best part is that it is a very affordable country, so you can create your plan and move to this country anytime soon. Retiring in this country will be an excellent option for you in the long run because Portugal’s quality lifestyle is relaxed and peaceful. 

However, it will always be challenging when you move to a new country; that is why you need to be aware of all the expenses before you make a big move. It is an intelligent thing to do, which is why you are reading this article today. After checking out the cost of living that we have mentioned regarding Portugal, you can make your decision easier. Good luck.