✦ Cost of living
Portugal
National taxes, visas and economy — plus every city we track in Portugal.
The cost of living in Portugal averages 92 on our index (a typical US city = 100) — about 8% cheaper. Among the cities we track, Porto is the most affordable and Lisbon the priciest. A one-bedroom rent runs roughly $1,175/mo and the top income-tax rate is 48%. The average net salary is about $1,300/mo.
- Currency
- Euro (€ EUR)
- Languages
- Portuguese
- Capital
- Lisbon
- Driving
- Right-hand side
- Power
- F · 230V
▤ Taxes
48%
Income tax
progressive
23%
VAT / sales
21%
Corporate
28%
Capital gains
$1,300
Avg net salary
per month
$1,244
Minimum wage
per month · Eurostat 2026
82.4 yr
Life expectancy
World Bank 2024
IFICI ('NHR 2.0') gives tax breaks to some skilled newcomers.
✈ Visas & residency
D8 digital-nomad and D7 passive-income visas; a top relocation destination.
✈ Schengen 90/180 for many passports.
Remote workers.