{"id":95644,"date":"2021-05-12T16:08:56","date_gmt":"2021-05-12T16:08:56","guid":{"rendered":"https:\/\/www.expatinfodesk.com\/?page_id=95644"},"modified":"2023-07-03T13:10:32","modified_gmt":"2023-07-03T13:10:32","slug":"cost-of-living","status":"publish","type":"page","link":"https:\/\/www.expatinfodesk.com\/destinations\/lisbon\/cost-of-living\/","title":{"rendered":"Cost of Living"},"content":{"rendered":"

[vc_row type=”container” padding_top=”” padding_bottom=”” el_class=”three-top-tips” css=”.vc_custom_1599875304748{margin-left: 0px !important;border-right-width: 0px !important;padding-right: 0px !important;padding-left: 0px !important;border-right-color: #ffffff !important;}”][vc_column width=”2\/3″][vc_column_text]<\/p>\n

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Cost of Living for Expats in Lisbon<\/h2>\n

Many digital nomads and retirees are choosing to relocate to Portugal because of its low cost of living. Housing, food, and entertainment are very affordable. One can have a high standard of living for a fraction of the cost of living back home.<\/p>\n

As of May 2021, the exchange rates are:<\/p>\n\n\n\n\n\n\n\n
\n

CURRENCY<\/span><\/p>\n<\/td>\n

\n

EURO<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

USD 1.00<\/span><\/p>\n<\/td>\n

\n

0.8221<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

GBP 1.00<\/span><\/p>\n<\/td>\n

\n

1.1498<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

AUD 1.00<\/span><\/p>\n<\/td>\n

\n

0.6449<\/span><\/p>\n<\/td>\n<\/tr>\n

\n

CAD 1.00<\/span><\/p>\n<\/td>\n

\n

0.6775<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The costs of living in Lisbon and Porto are higher than in other cities in Portugal.<\/p>\n

Property prices and rents in both Lisbon or Porto have been increasing at a steady rate over the last ten years. This is due to the high prices that foreigners are willing to pay. The high rents have pushed the locals out of the cities to the suburbs where the rents are lower. The minimum wage in Portugal in 2021 is 665 euros a month. Many Lisbon rents are much higher than this.<\/p>\n

Still, accommodation is affordable if you look beyond the websites set up for foreigners. Check out local websites like O<\/a>LX<\/a>.<\/p>\n

Food costs in supermarkets are much lower when compared to the USA and Canada<\/a>. Fresh produce is well priced and high quality.<\/p>\n

Coffee on a terrace is usually less than a euro, half the price of neighboring Spain.<\/p>\n

Alcohol prices are also low. Portuguese wines are excellent and very affordable.<\/p>\n

An excellent website to see current prices for all things from rents to utilities to a loaf of bread, check out Numbeo<\/a>. On this website, you can compare Lisbon’s costs with your current city. This comparison will give you an idea of what to expect when you relocate.<\/p>\n

As per Numbeo<\/a>, a single person’s costs excluding rent are approximately 600 euro.<\/p>\n

For a family of four, costs excluding rent are to be around 2000 euro.<\/p>\n

Lisbon is 13.90% less expensive than Madrid.<\/p>\n

Rents in Lisbon are about 4-5% cheaper than in Madrid.<\/p>\n

More examples from Numbeo:<\/a><\/p>\n

Rent prices in Lisbon are 72.8% cheaper than in San Francisco, USA.<\/p>\n

Rent prices in Lisbon are 57.44% lower than in London, UK<\/p>\n

Rent prices in Lisbon are 38.32% lower than in Toronto, Canada<\/p>\n

When comparing Lisbon to most major cities around the world, the cost of living in Lisbon is considerably lower.<\/p>\n

Other sites to compare everyday costs:<\/span><\/h2>\n

https:\/\/www.expatistan.com\/cost-of-living\/country\/portugal<\/a><\/p>\n

\n<\/div>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/3″ el_class=”city-side-bar”][vc_row_inner el_class=”sidebar-section-one”][vc_column_inner][vc_custom_heading text=”Top Tips” font_container=”tag:h4|font_size:24|text_align:left|color:%23ffffff” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal”][vc_separator color=”#ffffff” type=”full_width” thickness=”1″ up=”” down=””][vc_column_text]<\/p>\n\n\n\n\n\n\n\n
01<\/td>\nWhen renting a flat, be sure to ask about heating. Portuguese homes are notoriously cold in winter as usually there is no heating. Houses aren’t insulated, and electricity costs are expensive. Therefore, people forgo heating. But be aware, winters are freezing as well as humid. Many ex-pats are surprised at just how severe a Portuguese winter can be.<\/td>\n<\/tr>\n
02<\/td>\nWhy not start your day like a local with a caf\u00e9 and pastel de nata (traditional custard tart) sitting on an outdoor terrace. What better plaza than Lisbon\u2019s main square Pra\u00e7a do Com\u00e9rcio.<\/td>\n<\/tr>\n
03<\/td>\n\u00a0Take the Ascensor da Gloria to the top arriving in Bairro Alto. Turn to your right, to find the famous viewpoint of San Pedro de Alcantara. This scenic lookout offers sensational views over the city.<\/td>\n<\/tr>\n
04<\/td>\nBe very vigilant while traveling on the funiculars. Pickpockets are rife, especially in the high season. They will sit close to you, engage in conversation while a partner will take your wallet.<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=”sidebar-section-two”][vc_column_inner][vc_custom_heading text=”Useful links” font_container=”tag:h4|font_size:24|text_align:left” google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal” el_class=”useful-links”][vc_separator color=”#ffffff” type=”full_width” thickness=”1″ up=”” down=””][vc_column_text el_class=”useful-links”]https:\/\/www.visitlisboa.com\/en<\/a><\/p>\n

The official tourist information site for Lisbon. Find out everything you need to know to make the most of your trip.<\/p>\n

https:\/\/www.lisbon.net\/<\/a><\/p>\n

Here is another site with information about activities and day trips from Lisbon.<\/p>\n

https:\/\/imigrante.sef.pt\/en\/<\/a><\/p>\n

The official website for Portuguese immigration matters. Find out about visa requirements and how you can gain Portuguese citizenship.<\/p>\n

https:\/\/www.meetup.com\/cities\/pt\/lisbon\/<\/a>
\nFor information about residence and all immigration-related questions.<\/p>\n

https:\/\/www.hurriyetdailynews.com\/<\/a><\/p>\n

Lisbon has a large expatriate community. This a great resource to find like-minded people in Lisbon. Whatever your interest, there is probably a group that meets up.<\/p>\n

https:\/\/www.metrolisboa.pt\/en\/<\/a><\/p>\n

This is the Lisbon Metro website in English. You can plan your journey here.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=”sidebar-section-three”][vc_column_inner][vc_custom_heading text=”Interesting Facts” font_container=”tag:h4|font_size:24|text_align:left|color:%23333333″ google_fonts=”font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal”][vc_separator color=”#eeeeee” type=”full_width” thickness=”1″ up=”” down=””][vc_column_text]<\/p>\n\n\n\n
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1. Portugal produces 50% of the world\u2019s cork. Portuguese cork from the Algarve region is superior and used by Moet Chandon for bottling its famous champagne. Other famous companies like NASA, Rolls Royce, and Airbus prefer to use Portuguese cork.<\/p>\n

2. The book shop, Bertrand, is the oldest in the world and you can visit it in Lisbon. It has been doing business since 1732.<\/p>\n

3. Nazar\u00e9, a coastal town north of Lisbon is famous for its epic waves. It is well-known among surfers to have some of the best and biggest waves in the world. The waves are known to get as high as 30 meters or 100 feet.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=”container” padding_top=”” padding_bottom=””][vc_column][vc_column_text]<\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

[vc_row type=”container” padding_top=”” padding_bottom=”” el_class=”three-top-tips” css=”.vc_custom_1599875304748{margin-left: 0px !important;border-right-width: 0px !important;padding-right: 0px !important;padding-left: 0px !important;border-right-color: #ffffff !important;}”][vc_column width=”2\/3″][vc_column_text] Cost of Living for Expats in Lisbon Many digital nomads and retirees are choosing to relocate to Portugal because of its low cost of living. Housing, food, and entertainment are very affordable. One can have a high standard […]<\/p>\n","protected":false},"author":1,"featured_media":95451,"parent":95415,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-lisbon.php","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"class_list":["post-95644","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\nCost of Living in Lisbon | Affordable Amenities<\/title>\n<meta name=\"description\" content=\"Relocating to Portugal will wise as cost of living is low and housing, food, and entertainment are inexpensive. 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