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Cost of living in Portugal

Portugal is 43% cheaper than the US, ranking #68 of 203 countries we cover for cost of living. The local currency is EUR (€).

World Bank data through 2024 · last reviewed 2026-06.

Cost of living · US = 100
57.5
Ranks #68 of 203 · 43% cheaper than the US
GDP / capita (PPP)
$51,680
GNI / capita (PPP)
$50,730
Inflation · YoY
2.4%
Population
10.7M
Capital
Lisbon
Density
115 /km²
Urban
61%
Area
92.2K km²

What drives the cost here

Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.

In Portugal, communication is the priciest category relative to the world (143), while health is the most affordable (93).

Communication 143
Transport 134
Food & groceries 119
Housing & utilities 117
Restaurants & hotels 94
Health 93

Category price levels: World Bank ICP 2021 (world average = 100) · source

Portugal on the map

What your money is worth here

A $100,000 US lifestyle would cost roughly $57,500 in Portugal.

Quality of life

94/100 · #38 of 198

Beyond cost — health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Quality-of-life score
94 / 100
Our transparent equal-weight composite
Life expectancy
82 yrs
World Bank · 2024 · source
Safety · homicide /100k
0.7
UNODC · 2022 · source
Infant mortality /1k
3
World Bank · 2024 · source
Internet users
88%
ITU · 2024 · source
Safe drinking water
95%
WHO/UNICEF · 2024 · source
Air quality · PM2.5
8 µg/m³
WHO · 2020 · source

About Portugal

A global maritime power during the 15th and 16th centuries, Portugal lost much of its wealth and status with the destruction of Lisbon in a 1755 earthquake, occupation during the Napoleonic Wars, and the independence of Brazil, its wealthiest colony, in 1822. A revolution deposed the monarchy in 1910, and for most of the next six decades, repressive governments ran the country. In 1974, a left-wing military coup ushered in broad democratic reforms. The following year, Portugal granted independence to all its African colonies. Portugal is a founding member of NATO and entered the EC (now the EU) in 1986.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Portugal expensive to live in?

Portugal is 43% cheaper than the US, ranking #68 of the 203 countries we track. Its most expensive category relative to the world is communication; health costs the least.

How much money do you need to live in Portugal?

A lifestyle that costs $100,000 in the United States would cost roughly $57,500 in Portugal, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Portugal cheaper than the United States?

Yes. Its overall price level is 57.5, against 100 for the United States.

What is the quality of life in Portugal?

Portugal scores 94 out of 100 on our quality-of-life index (#38 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 82 years.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal ÷ PPP GDP per capita, indexed to the US
57.5
GDP per capita (PPP)
World Bank · 2024 · source
$51,680
GNI per capita (PPP)
World Bank · 2024 · source
$50,730
Inflation (annual %)
World Bank · 2024 · source
2.4%
Population
World Bank · 2024 · source
10.7M
Population density
World Bank · 2023 · source
115 /km²
Urban population
World Bank · 2024 · source
61%
Surface area
World Bank · 2023 · source
92.2K km²

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