Cost of living · Europe · Eurostat HICP 2023
🇵🇹 Cost of living in Portugal
Portugal undercuts most of the EU-27 across rent, groceries and transport - see the categories driving that gap and how far local income actually stretches.
- Cost index (EU-27=100)
- 88
- Rent index
- 76
- Median net income
- €12,000
- Cost-adjusted income
- €13,636
Portugal sits at 88 on the 0-200 scale shown above.
Key takeaways
- Overall cost of living is 12% below the EU-27 average (index 88, EU-27 = 100).
- Most expensive category: utilities at index 110.
- Cheapest category: healthcare at index 71.
- A typical income of €12,000 is worth about €13,636 in EU-average purchasing power.
Cost by category in Portugal
Portugal - price level by category (EU-27 = 100)
In Portugal, utilities is the most expensive category and healthcare the least.
What the Portugal cost-of-living data shows
Portugal's overall consumer price level is 12% below the EU-27 average. (How this index is built →)
Utilities lead the cost table in Portugal at index 110, ahead of healthcare at index 71 - heating, power and water outpace every other category here.
That price gap works in Portugal's favor: because prices run below the EU average, the headline income of €12,000 stretches further than the sticker figure suggests, worth roughly €13,636 in EU-27-average purchasing power.
Cities in Portugal
National averages hide the big-city premium. See real monthly rent, groceries and transit costs for Portugal's cities.
Countries with a similar cost of living
Frequently asked questions
Is Portugal expensive to live in?▼
Portugal's overall cost of living is 12% below the EU-27 average (index 88). Utilities is the priciest category and healthcare the cheapest.
What does it cost to rent in Portugal?▼
Portugal's rent and housing price index is 76, below the EU norm.
How does income compare to costs in Portugal?▼
That price gap works in Portugal's favor: because prices run below the EU average, the headline income of €12,000 stretches further than the sticker figure suggests, worth roughly €13,636 in EU-27-average purchasing power.
Source: Eurostat, Harmonised Index of Consumer Prices (HICP) and comparative price levels Eurostat, Harmonised Index of Consumer Prices (HICP) and comparative price levels Price-level indices, EU-27 = 100, 2023. Income: Eurostat/OECD median equivalised net income.
Important: these figures are official Eurostat averages for general information and comparison, they are not personal financial advice. Your own cost of living depends on your city, housing and lifestyle, so treat this as a starting point and check current local prices before making any relocation or budget decision.
Read our methodology - how these indices are sourced and computed.