CostTrek

✦ Compare countries

Portugal vs Spain

Spain is {pct} {word} than Portugal. Compare cost of living, taxes, salaries and visas — and the salary you’d need in Spain to match Portugal.

Portugal vs Spain at a glance — Spain is 9% more expensive than Portugal overall. Average net salary: $1,900/mo vs $1,300/mo. Top income tax: 47% vs 48%.

PortugalSpain
Cost of living
Cost of living index92100
Taxes
Income tax (top rate)48%47%
VAT / sales tax23%21%
Social security (employee)—6.4%
Corporate tax21%25%
Capital gains28%28%
Economy & salaries
Avg net salary$1,300/mo$1,900/mo
Minimum wage$1,244/mo✓$1,652/mo✓
GDP per capita$32,082✓$38,627✓
Inflation (annual)2.3%✓2.7%✓
Life expectancy82 yr✓84 yr✓
Quality of life
LGBTQ+ acceptanceHighHigh
Digital-nomad visaYesYes

✓ = official statistics (Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

⚖ Related comparisons

? Frequently asked questions

Is Portugal cheaper than Spain?

Spain is about 9% more expensive than Portugal overall — its cost-of-living index is 100 versus 92 for Portugal.

How much do you need to earn in Spain to live like in Portugal?

To keep the same standard of living, a $75,000 salary in Portugal is worth about $81,405 in Spain. Enter your own figure in the calculator above.

Which has lower taxes, Portugal or Spain?

Spain has the lower top income-tax rate — 47% versus 48% in Portugal.