Living

Is Portugal Expensive for Americans in 2024?

Is Portugal expensive for Americans? This is likely the first question you ask yourself if you are an American considering visiting or moving to this spectacular country in Western Europe.

The Portugal cost of living is known to be fairly affordable compared to the United States and is considered one of the most affordable Western European countries.

The affordable cost of living adds to the diverse array of advantages that attract tourists and expats to Portugal’s sunny shores, including the country’s breathtaking landscapes and major cities celebrated for their rich history and culture, and high quality of life.

In this comprehensive guide for American tourists and expats, we will explore the cost of living in Portugal. We will discuss everything from average monthly utility costs to the costs of dining out and even offer an overview of the Portuguese real estate market.

We will also share a cost comparison between Lisbon and the US capital of Washington DC, so that you can create a sample monthly budget before your trip or decision to relocate permanently.

How expensive is Portugal for Americans?

Portugal’s affordable cost of living is a significant draw factor for Americans and expatriates from other non-EU countries who decide to make this stunning Western European country their new home. Plus, even though the cost of living in Portugal is relatively reasonable compared to the United States, the quality of life offered in the country is still high.

On a national scale, consumer prices and rent prices in Portugal are less expensive than the cost of living in the USA. According to Numbeo, the cost of living, including rent, in Portugal is 35.9 percent lower than it is in the United States. Portugal is also considered to be one of the most affordable countries in Western Europe.

For instance, according to Numbeo, the average cost of living in Portugal is 30.3 percent less than in France and 29.5 percent cheaper than in Germany, without taking rent into account. When comparing the cost of living in Portugal with other Western European countries like Spain, you will discover that the average living cost in Spain is 5.8 percent higher than it is in Portugal.

Bear in mind, though, that the cost of living and holiday expenses are ultimately up to your budget and lifestyle, and opting for a luxury lifestyle and experiences will end up costing more than average.

American expats and tourists will also find that the costs for essentials like food, housing, and transportation are much lower than they are in the USA, which we will explore in more detail in our comparison of capital cities below.

Cost of Living in Portugal for Americans

Excluding rental costs, the cost of living in Lisbon is 39.4 percent lower than in Washington, DC, and rent prices are 46.1 percent lower.

To give you a clear picture of the cost of living in Portugal for Americans, we will explore actual costs between the US capital city of Washington DC and the Portuguese capital of Lisbon, including housing prices available on Portugal’s real estate market, grocery prices, and the average price of dining out in Portugal.

Living expenses in Portugal for Americans

The US minimum wage varies by state, so we will explore the living expenses in Portugal for Americans in a capital city comparison featuring the US capital city of Washington, DC, and the Portuguese capital city of Lisbon. According to Numbeo, the average salary in Washington, DC, is $5,730 (€5,205), compared to Lisbon’s average monthly salary of $1,351 (€1,227).

However, even though the Portuguese minimum wage stands at $903 (€820) and Washington, DC’s minimum wage has increased to $2,800 (€2,541) per month, the actual cost of living in Portugal is much cheaper than it is in the US, and you will be able to get by comfortably on a minimum to mid-range income.

Below, we will explore living expenses for Americans in these major cities, from average monthly utility costs to average taxi fees. By comparing the USA cost of living with Portugal’s, you can draw up a sample monthly budget based on the estimated monthly expenses, save money, and still live comfortably in Portugal.

The cost of living in Lisbon, Portugal, compared to Washington, DC, US

According to Numbeo, Washington, DC’s estimated costs for a family of four amount to $5,057 (€4,590) per month excluding rent, while a single person’s estimated monthly costs are $1,390 (€1,261) without rent.

Alternatively, in Lisbon, the estimated monthly costs of a family of four are $2,876 (€2,610) excluding housing costs, and the estimated monthly costs of a single person are $815 (€739) without housing costs.

Rent in Lisbon, Portugal, compared to Washington, DC, US

If you are not ready to make any real estate investments in Portugal yet, renting is the best option before you embark on the property acquisition journey. A one-bedroom apartment in the Lisbon city center will cost around $1,518 (€1,434) per month.

You can also find a more affordable one-bedroom unit outside the Lisbon city center for around $1,099.63 (€998.93). Even though you can find cheaper housing prices in smaller cities, the housing costs in Lisbon are still quite affordable compared to other European capitals.

In Washington, DC, the monthly rent for a one-bedroom apartment in the city center costs $2,564.77 (€2,329.90), while a one-bedroom unit outside the city center costs $2,027.33 (€1,841.68).

School costs in Lisbon, Portugal, compared to Washington, DC, US

Portuguese public schools offer free basic education to Portuguese citizens and foreign residents. However, it is important to note that most if not all lessons at public schools are taught in Portuguese.

As an American expat moving to the Portuguese capital, you would likely opt for private schools or an international school in Lisbon. According to Numbeo, the tuition fees for an international primary school in Lisbon will cost around $15,284.23 (€13,884.55) annually, while the annual tuition fees at an international primary school in Washington, DC, will cost $48,250.00 (€43,831.41).

Private health insurance in Portugal

When visiting or moving to other countries, considering healthcare costs is essential.

According to the World Health Organization and Statista, Portugal currently ranks 40th in the health and health systems ranking of countries worldwide, while the USA ranks 69th. In addition to this, Portugal ranks 14th in the Numbeo Healthcare Index by Country compared to other European countries.

As in other countries, private healthcare is more expensive than the public healthcare system in Portugal. Private health insurance varies depending on your insurance plan. The prices of private insurance, on average, are around €400 ($429.90) a year.

Prices can go as high as €1,000 ($1,074.76) when you choose a more comprehensive insurance plan. However, it is possible to find a reasonable estimate.

In the USA, the government does not provide health benefits to citizens or visitors, and you will have to pay for medical care. A doctor’s visit in Washington, DC, can range from €46.53 ($50) to €186.12 ($200) per consultation. According to Forbes Advisor, the average monthly health insurance cost for a 30-year-old individual ranges from €433.69 ($466) to €476.52 ($512) in 2024.

Public transportation costs in Lisbon, Portugal, compared to Washington, DC, US

Visiting or living in Portugal and knowing how to get around major cities like Lisbon using private or public transportation is important, and Lisbon’s public transport costs are fairly affordable.

According to Numbeo, the average price for petrol is around $1.97 (€1.83) a liter, while the average price for a one-way ticket on local transport costs $2.15 (€2), with a monthly pass costing around $42.94 (€40).

The average taxi fee starts at €3.50 ($3.86) and increases by €0.80 ($0.88) per kilometer. However, you can find affordable taxi fees through public transportation services like Uber and Bolt.

In Washington, DC, if you have your own car or are using a rental car on your visit, one liter of gasoline will cost you $0.96 (€0.90). A monthly pass on local transport costs $75.00 (€69.86), while a one-way ticket on local transport is priced at $2.50 (€2.33). The starting tariff for taxi services in Washington, DC, is $3.50 (€3.26), and you will also be able to access public transportation services like Uber and Bolt.

Cost of food in Portugal for Americans

Despite being an extremely popular capital in Western Europe, Lisbon, Portugal, offers exceptionally affordable food and household essentials.

In the table below, we compare the price of groceries and daily essentials in Lisbon and Washington, DC, which you can add to your budget, outlining your living costs, and compare prices against these averages so that you can save money.

Item	Cost in Lisbon	Cost in Washington D.C.
Milk (regular, 1 liter)	€0.96 ($1.03)	€1.01 ($1.08)
White rice (1kg)	€1.41 ($1.51)	€4.44 ($4.76)
Local cheese (1kg)	€10.26 ($11)	€13.84 ($14.84)
Loaf of fresh white bread (500g)	€1.43 ($1.54)	€3.81 ($4.09)
Eggs (regular, 12)	€2.84 ($3.05)	€3.56 ($3.82)
Beef round (1kg)	€12.55 ($13.46)	€16.38 ($17.56)
Chicken fillet (1kg)	€6.96 ($7.46)	€12.27 ($13.15)
Banana (1kg)	€1.40 ($1.51)	€1.76 ($1.88)
Apples (1kg)	€2.18 ($2.34)	€5.02 ($5.38)
Oranges (1kg)	€1.77 ($1.89)	€1.77 ($1.89)
Potato (1kg)	€1.83 ($1.96)	€3.09 ($3.31)
Cigarette (20 pack, Marlboro)	€5.55 ($5.95)	€12.13 ($13)

*Source: Numbeo

Is it expensive to eat out in Portugal?

According to Numbeo, restaurant prices in Lisbon are 44.3 percent lower than they are in Washington, DC, making eating out in Lisbon and other parts of Portugal cost less for each unique dining experience.

In each of these capital cities, prices vary depending on the type of establishment you choose to dine at, whether you choose an inexpensive restaurant offering meals at reasonable costs or a fine-dining bistro. The table below showcases a cost comparison between dining out costs in Lisbon, Portugal, and Washington, DC, US.

Item	Cost in Lisbon	Cost in Washington D.C.
Meal at an inexpensive Restaurant	€13.25 ($14.21)	€23.32 ($25)
Three-course meal for two (Mid-Range)	€50 ($53.21)	€93.27 ($100)
Domestic beer (0.5 liters)	€3 ($3.22)	€7.46 ($8)
Imported beer (0.33 liters)	€4 ($4.29)	€8.39 ($9)
Cappuccino (regular)	€2.29 ($2.45)	€5.14 ($5.51)
Water (0.33 liters)	€1.24 ($1.33)	€2.07 ($2.22)
Coke/Pepsi (0.33 liters)	€1.78 ($1.91)	€2.33 ($2.49)

Source: Numbeo

Cost of Living in Lisbon, Portugal

The cost of living in Lisbon is notably lower compared to many Western European capitals. Excluding rent, living costs and consumer prices in Lisbon are 39.4 percent lower than in Washington, DC, and rent prices are 46.1 percent cheaper.

Compared to other European countries, Portugal’s overall living costs are 30.3 percent lower than in France and 29.5 percent cheaper than in Germany, without rent. Even Spain, a nearby Western European country, has living expenses that are 5.8 percent higher than those in Portugal, excluding rent.

Most everyday expenses, restaurant prices and renting an apartment are more affordable in Lisbon. However, it’s important to note that salaries and the minimum wage in Portugal are generally lower than in many other European countries.

Depending on your income and spending habits, you can live comfortably in Lisbon. As with any city, your monthly income will affect how affordable living there is. For instance, the estimated monthly costs for a family of four are $2,876 (€2,610) without rent, while a single person’s costs are around $815 (€739), excluding rent. This indicates that if you earn above this, you could live a comfortable and high-quality life in the city.

How much does it cost to travel to Portugal?

The cost of traveling to Portugal can vary depending on several factors, including the method of transportation you choose, accommodation and location, and your personal daily expenses.

Living costs in Portugal are generally affordable compared to other European countries for those planning to stay longer. Rental costs, especially in cities like Lisbon and Porto, may be higher, but smaller cities offer more affordable options.

Public transport is reliable and available at a reasonable price, making it easier to explore the country without needing a car. However, having private transport makes it easier to explore on your own and discover hidden gems across the country.

While daily expenses like food and utilities are manageable, your budget will largely depend on the lifestyle you choose while living in Portugal. If you are traveling on a tight budget, it is essential to plan for rental costs and transportation and take your personal preferences into account when planning your overall travel budget.

Luxury travel around Portugal

Renowned for its breathtaking beaches, historic cities, and world-class resorts, Portugal is an ideal destination for high-end travelers. Luxury travel around Portugal is celebrated for its exceptional blend of elegance, comfort, and cultural richness.

From retreating to opulent accommodations along the Algarve’s golden coast to indulging in gourmet experiences at one of Portugal’s 39 Michelin-starred restaurants, luxury holidaymakers are spoilt for choice when it comes to relaxing and exploring in style.

You can book adventures like private guided tours that offer exclusive, week-long journeys through Portugal’s most stunning regions, sharing an experience of the country’s rich history, vibrant culture, and scenic beauty.

If you value privacy and independence, especially while on vacation, private villas and luxury properties are available for rent, allowing travelers to explore at their own pace. Golf enthusiasts can enjoy Portugal’s world-class golf courses, while beach lovers can unwind at exclusive coastal retreats.

Portugal also offers exciting travel opportunities to other Western European countries, giving you the chance to enjoy a luxury Portuguese getaway and blend it with adventure in nearby countries.

How expensive is Portugal when traveling on a budget?

Traveling through Portugal on a tight budget is quite feasible, especially with careful planning. A cross-country train ticket, such as those from Lisbon to Porto, can cost around €40, making rail travel an affordable option.

When it comes to healthcare and health insurance, while a more comprehensive insurance plan may increase costs, budget travelers can opt for private health insurance plans, which may be more economical depending on coverage needs.

When visiting other European countries, low-cost airlines and trains can help minimize expenses. Accommodation can be found at reasonable prices, and other costs, like food and local transportation, are also manageable.

A public transport pass, for instance, can cost about €40 monthly, offering great value for city travel. Opting for budget-friendly accommodation and modes of transport and balancing necessary expenses, visiting Portugal is an exciting and viable opportunity for budget-conscious travelers.

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Frequently Asked Questions about the Cost of Living in Portugal

How much is a meal in Portugal?

According to Numbeo, a meal at an inexpensive restaurant in Portugal costs around €13.25 ($14.21), while a mid-range dining experience consisting of a three-course meal for two will be priced at about €50 ($53.21). Compared to cities like Washington, DC, dining in Portugal is significantly more affordable, especially in Lisbon and smaller cities, due to the fact that restaurant prices in Lisbon are 44.3 percent lower than they are in Washington, DC.

Are food and drink expensive in Portugal?

Food and drink in Portugal are generally affordable. For example, a domestic beer costs around €3, a cappuccino is €2.29, a mid-range bottle of wine costs €4.65 and a loaf of fresh white bread costs €1.43, making everyday items cheaper overall. In addition to this, living costs and consumer prices in Lisbon are 39.4 percent lower than in Washington, DC, and restaurant prices in Lisbon are 44.3 percent lower than they are in Washington, DC.

Is Portugal cheaper than Spain?

Portugal is generally cheaper than Spain. According to Numbeo, living costs in Spain are 5.8 percent higher than they are in Portugal, excluding rent. A meal in an inexpensive restaurant will cost €10 in Portugal, compared to €13 in Spain, while a cinema ticket is slightly cheaper in Portugal at €7.50 and priced at €8 in Spain. Additionally, renting a one-bedroom apartment in a city center will cost €957.23 in Portugal and €963 in Spain.

How much money do I need per day in Portugal?

So you may be wondering, how expensive is it to live in Portugal? Depending on your interests and lifestyle, budget to spend about €120 per person per day on vacation in Portugal. Take meals, transportation, and daily activities into account when creating your daily budget for your holiday.

Is it expensive to live in Portugal?

The cost of living in Portugal is much more affordable than in the USA. According to Numbeo, the cost of living in Portugal, including rent, is 35.5 percent lower than in the USA. Grocery Prices in Portugal are 39.4 percent lower than in the US, and rent in Portugal is 40.3 percent lower than in the US.

How expensive is Portugal to visit?

This depends on the type of holiday you plan. The costs will depend on details like whether you will be travelling on a budget or embarking on a luxury vacation, opting for opulent accommodation on the coast instead of budget friendly hotels or indulging in gourmet experiences at one of Portugal’s 39 Michelin-starred restaurants instead of enjoying traditional Portuguese cuisine at mid-range restaurants.

When planning your trip, be sure to consider dining and leisure costs as well as healthcare and transportation costs in your holiday budget. You can enjoy both luxury vacations and budget friendly holidays in this stunning Western European country.