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โœฆ Compare countries

Spain vs Portugal

Compare cost of living, taxes, salaries and visas between Spain and Portugal.

SpainPortugal
Cost of living
Cost of living index10497
Taxes
Income tax (top rate)47%48%
VAT / sales tax21%23%
Social security (employee)6.4%โ€”
Corporate tax25%21%
Capital gains28%28%
Economy & salaries
Avg net salary$1,900/mo$1,300/mo
Minimum wage$1,300/mo$1,000/mo
GDP per capita$34,000$27,000
Life expectancy83 yr81 yr
Quality of life
LGBTQ+ acceptanceHighHigh
Digital-nomad visaYesYes

? Frequently asked questions

Is Spain cheaper than Portugal?

Portugal is about 7% cheaper than Spain overall โ€” its cost-of-living index is 97 versus 104 for Spain.

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

To keep the same standard of living, a $75,000 salary in Spain is worth about $69,637 in Portugal. Enter your own figure in the calculator above.

Which has lower taxes, Spain or Portugal?

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