✦ Compare
New York vs
Porto
Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.
New York, NY vs Porto, PT at a glance — Porto, PT is 22% cheaper than New York, NY overall. Median 1-bed rent runs about $1,050/mo versus $3,800/mo. Top income tax: 48% vs 37%.
To keep the same standard of living in Porto, PT, you'd need
$58,712 / year
Porto, PT is 22% cheaper overall
Category breakdown (Porto, PT vs New York, NY)
- Housing-41%
- Food & groceries+2%
- Transport-27%
- Utilities+20%
- Healthcare-6%
- Goods & services-6%
◎ How New York, NY and Porto, PT compare
Index vs the US average — the line marks 100. Lower is cheaper.
▤ Full comparison
| New York, NY | Porto, PT | |
|---|---|---|
| Cost of living | ||
| Overall cost index | 113 | 88 |
| Housing | 170 | 100 |
| Food | 86 | 88 |
| Transport | 89 | 65 |
| Utilities | 79 | 95 |
| Healthcare | 77 | 72 |
| Goods & services | 94 | 88 |
| Housing | ||
| Rent, 1-bed centre | $3,800/mo | $1,050/mo |
| Rent, 1-bed outside | $2,600/mo | $780/mo |
| Rent, 3-bed centre | $7,500/mo | $2,000/mo |
| Buy price / m² centre | $15,000 | $4,200 |
| Money & purchasing power | ||
| $1,000 goes as far as | $887 | $1,133 |
| Inexpensive meal | $25 | $11 |
| Monthly transit pass | $132 | $45 |
| Taxes | ||
| Income tax (top rate) | 37% | 48% |
| VAT / sales tax | 0% | 23% |
| Social security (employee) | 7.7% | — |
| Corporate tax | 21% | 21% |
| Capital gains | 20% | 28% |
| Economy & salaries | ||
| Avg net salary | $4,300/mo | $1,300/mo |
| Avg annual wage (OECD, PPP) | $86,977✓ | $44,937✓ |
| Minimum wage | $1,257/mo✓ | $1,244/mo✓ |
| GDP per capita | $90,027✓ | $32,082✓ |
| Inflation (annual) | — | 2.3%✓ |
| Work & digital nomad | ||
| Digital-nomad visa | No | Yes |
| English proficiency | Native | Moderate |
| Coworking spaces | 200 | 45 |
| Time zone | UTC-5 | UTC+0 |
| Quality of life | ||
| Quality of life (overall) | 69 | 73 |
| Safety index | 55 | 72 |
| Healthcare index | 78 | 76 |
| Pollution index | 55 | 38 |
| Internet speed | 200 Mbps | 200 Mbps |
| Walkability | 90 | 78 |
| Public transport | 85 | 70 |
| Family-friendly | 55 | 68 |
| Tap water | Safe to drink | Safe to drink |
| Health insurance | $500/mo | — |
| Life expectancy | 79 yr✓ | 82 yr✓ |
| LGBTQ+ acceptance | High | High |
| Climate | ||
| January avg | 0 °C | +10 °C |
| July avg | +25 °C | +20 °C |
| Sunny days / year | 234 | 220 |
| Rainfall / year | 1,200 mm | 1,150 mm |
| Connectivity | ||
| Flight to nearest hub | 1 h | 1 h |
Taxes & Economy & salaries: United States vs Portugal. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.
✓ = official statistics (OECD (PPP), US DOL (federal), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →
Cost of living: New York vs Porto — in your currency
Converted from USD at approximate rates (2026-09).
Good to know before you move to New York
The benchmark against which everywhere else feels cheap. World-class salaries and everything else, offset by the highest rents in the dataset.
- Currency
- US dollar ($ USD)
- Languages
- English
- Time zone
- UTC-5
- Internet
- 200 Mbps
- English
- Native language
- Safety
- 55/100
- Climate
- ❄ 0°C · ☀ 25°C · 234 sunny days/yr
- Tap water
- Safe to drink
- Power
- A/B · 120V
- Driving
- Right-hand side
- Popular areas
- Manhattan · Brooklyn · Queens
Good to know before you move to Porto
Portugal's soulful second city — port-wine cellars, granite churches and the Douro riverfront, at noticeably lower rents than Lisbon. A fast-growing nomad and expat base with the same sunshine and safety.
- Currency
- Euro (€ EUR)
- Languages
- Portuguese
- Time zone
- UTC+0
- Internet
- 200 Mbps
- English
- Fairly common
- Safety
- 72/100
- Climate
- ❄ 10°C · ☀ 20°C · 220 sunny days/yr
- Tap water
- Safe to drink
- Power
- F · 230V
- Driving
- Right-hand side
- Popular areas
- Cedofeita · Foz do Douro · Bonfim · Ribeira
Plan your move to New York
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalDiscoverCars
- Airport transferKiwitaxi
- Tours & ticketsKlook
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Parking & carWay.com
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Plan your move to Porto
Everything you will book for the move — sorted, and updated as we add partners.
- FlightsCheapvuelos
- FlightsAviasales
- HotelsPlanetofhotels
- Car rentalLocalrent
- Airport transferWelcome Pickups
- Tours & ticketsKlook
- Tours & ticketsTiqets
- InsuranceSafetyWing
- eSIM / dataAiralo
- Luggage storageRadical Storage
- Flight compensationAirHelp
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? Frequently asked questions
Moving from New York to Porto: cheaper or more expensive?
Moving from New York to Porto, your cost of living will be roughly 22% cheaper. Porto’s cost-of-living index is 88 versus 113 for New York (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.
Is New York cheaper than Porto?
Porto is about 22% cheaper than New York overall — its cost-of-living index is 88 versus 113 for New York.
Which is more expensive, New York or Porto?
New York is more expensive than Porto. Its cost-of-living index is 113 vs 88 (US = 100) — about 28% higher.
Is rent cheaper in New York or Porto?
Rent is cheaper in Porto — about $1,050/month for a one-bedroom in the city centre, vs $3,800 in New York.
How much do you need to earn in Porto to live like in New York?
To keep the same standard of living, a $75,000 salary in New York is worth about $58,712 in Porto. Enter your own figure in the calculator above.
Which has lower taxes, New York or Porto?
United States has the lower top income-tax rate — 37% versus 48% in Portugal.
◷ More comparisons from New York
How we calculate these figures →
Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.