✦ Compare countries
Portugal vs Spain
Compare cost of living, taxes, salaries and visas between Portugal and Spain.
| Portugal | Spain | |
|---|---|---|
| Cost of living | ||
| Cost of living index | 97 | 104 |
| Taxes | ||
| Income tax (top rate) | 48% | 47% |
| VAT / sales tax | 23% | 21% |
| Social security (employee) | — | 6.4% |
| Corporate tax | 21% | 25% |
| Capital gains | 28% | 28% |
| Economy & salaries | ||
| Avg net salary | $1,300/mo | $1,900/mo |
| Minimum wage | $1,000/mo | $1,300/mo |
| GDP per capita | $27,000 | $34,000 |
| Life expectancy | 81 yr | 83 yr |
| Quality of life | ||
| LGBTQ+ acceptance | High | High |
| Digital-nomad visa | Yes | Yes |
? Frequently asked questions
Is Portugal cheaper than Spain?
Spain is about 8% more expensive than Portugal overall — its cost-of-living index is 104 versus 97 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 $80,776 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.