Cost of Living in Lisbon

Hi Tom/others,

Can anybody in Portugal who is good with renting apartments or finding job please contact me on watsapp on 00917356677570? I would like to know some information in detail

I’m a very young guy from Portugal and I think this is very sad to see. I’m deslexical but I’m smart enough to understand that Andre Ventura should be de President. Antonio Costa needs to go back to his country(India).

Having a net income of 3200/month and cutting on everything, we (family of 2) have a budget deficit of approximately 400-800 euros depending on season. Living on the edge of city centre. No car. Not paying for insurance.
Real estate rental prices are a big problem here.

I've been living in Lisbon for 5 years. We're a family of 3: a couple + 1 child. With 3,000€/3,500€ we have a good life here. We found a great rental for a 2 bedroom apartment and we don't pay medical insurance, but that's it.

Yeah, according to news published yesterday the salary of half of the portuguese people is not enough to pay expenses. And taxes are huge for those that work. Almost 50% of your salary.

Possible move this fall. Net annual passive income $110,000.
Realistically how much should I expect to spend monthly in city center Lisbon?
Rent for 2 bedroom apartment
Food for one
Medical insurance
Gym
Local transport
Average meal with wine for two

Please be realistic.
Much appreciated

Possible move this fall. Net annual passive income $110,000.
Realistically how much should I expect to spend monthly in city center Lisbon?
Rent for 2 bedroom apartment
Food for one
Medical insurance
Gym
Local transport
Average meal with wine for two

Please be realistic.
Much appreciated
Chris

Considering moving from San Francisco to Lisbon. Semi-retired with pension. Probably will fully retire and move in the next 1 to 1/2 years and begin drawing my social security too. My total passive income after taxes will be about $4,100/ month (€3,850/month). I'm a single person and live in an apartment in San Francisco (rental) and with probably rent in Lisbon too. I will initially still keep my San Francisco apartment until I'm certain enough to give it up (rent control in SF so I'm only paying $1000/month; way below market price). Once I give up SF apartment, I could never move back. Does this sound doable given the current economic situation?

I make about 10,000 euros of passive income. Will it be enough to live a decent life in Lisbon? Tired of living a poor life in San Francisco

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Hi,

I am planning to relocate from India to Lisbon (Portugal). We are 3 including my kid which is 7 years old son. How the expense in Lisbon will be? will get a monthly pay of EUR 3750. Can this enough to live in lisbon?

Well, this is my story after one year of living here. The truth is that I love this place, I feel really good here, I am from the Caribbean South American area, so staying close to the sea matters to me, Portugal is giving me this and way more, the weather here is better than any other European country during winter, food is good and people are nice, also you get to know a lot of people around the world since Portugal is well known as a touristic country. For nightlife, you don't even have to ask, party will come to you.

I earn 1.725 €/m (after taxes) and this is what I'm paying at the moment:
617 €/m - Rent (2 room apt, fully furniture and all basic stuff, I have not bought any appliance) + Building maintenance fee [Amadora (around 40 mins far from the city center Lisbon on a train)]
60 €/m - Internet (TV, 500MB, landline, mobile 10G plan)
21 €/m - Electricity
15 €/m - Water
4 €/m - Gas
40 €/m - Transportation
40 €/m - Gym fee
250 €/m - Food

I'm a single father so I have other expenses and still have a small room for saving and chilling out with friends. As someone else mentioned, I get the 2 salaries in Jun and Dec per law, I have a card for food which adds an additional 160 €/m to my income.
Rent is not cheap (Where actually it is?) but I think I'm paying a fair amount for all the stuff I have. Food is cheap.

In regards to taxes, they have a fixed tax table which tells you how much you have to pay based on your gross salary, being a citizen this oscillates around 32% and 36% for someone who earns around 35.000 €/y but here as a foreigner, you can apply to a benefit for 10 years that gives you a fixed tax rate of 20% so you end up paying less than a citizen.

I guess my story is different maybe because I have a decent salary? I still know people who earn the minimum wage however most of them are young and do not have many expenses, they even live in Lisbon where rent prices are really expensive, you need to move outside of the city center to find cheaper rent prices. For someone with a Family and earning a minimum wage, I don't doubt they'll struggle a lot to survive.

If you have a good salary in Lisbon, you can have a really good quality of life (Like in any other country in the world with good salary conditions), not going to be the same for someone with the minimum wage, but you can still live here.

I'm definitely staying here for a long time, actually in the next 2 years I'll make sure I get promoted at my job to increase my income, if not there then it will be in a different company. Something I did not mention is that Portugal is packed with IT, System Engineering, Management, and data analyst jobs, so if you move on these areas you'll have a well-paid salary for sure, nowadays Portugal is a nest for IT monsters such as Cisco, Oracle or Fortinet which have Offices here.

A lot of people are retiring here as well, the Golden visa scheme is very attractive since you don't get any taxes on international income and you still can make more money here.

Portugal is nice, is a cool place, I like it, not all the stories here are like mine, but I do feel happy in this place, if you want to move here, just do the math and come here if you can, the same math you'll have to do if you go to any other country in the world since you'll pay rent and taxes there if you're planning to stay and I'm sure none of these two will be cheap wherever you go.

I hope this gives an idea about the cost of living in Lisbon :)

After living there for a while initially I'd say it is alright, but do mind that most people do not even earn 650€/m Yes if you're upper income you might earn a lot, but that is not true about everyday people, high incomers just make averages higher. I make 800€/m, I'm a foreigner from Nepal and after paying all my taxes, I have slightly less than 600€
Rent takes another 400€, I'm trying to find a new place, but it's very difficult. And I have not even started about cost of internet and other things, after a month I have 50-100€ left if I'm very careful, I eat out maybe once or twice a year and never spend more than my allowed budget.

A lot of homes there will cost you bare minimum 450€/m, you might find lower priced ones, but they might not allow foreigners or might be bad areas full of African Black, be very careful of them they mostly target dumb tourists, but might go after you too. I pay 400€, might sound a lot for someone making only 800€, but beggers can't be choosers. Only reason I work here is because I've come to like the country, made many friends and so on. As for foreign workers trying their luck here, just don't do it, like even if you expect you could send money home or whatever, dream on champ.

But yes, Portugal is a great place if you have a high income job or you can earn at least 1,5k€/m, many commenters are asking maybe they need 3k a month or something, that is not true unless you have some very luxurious place.

I live and work in Lisbon. Some seven years ago, rent was cheap. That changed drastically though. With it, you should think carefully about moving to Portugal. I give you an example of expenses. My income is €1700 before tax (€1181 after tax) plus €143 "food money" (tax free payment from the employer on a separate card for food purchases). I spend on average (a month) €25 on gas, €25 water, €55 electric, €40 public transport, €790 rent (in Lisbon). I also spend around €220 on food (excluding alcohol, take away and restaurant visits) which exceeds my food card payments, which means that the excess will also come out of my wages. Overall cost a month: €1012 - there's not much left a month...having said that, one receives two double payments (holiday and xmas pay) a year - usually around june and november. A lot of companies try to lure people from abroad to Portugal claiming that everything is extremely cheap, but that is not the case anymore. Booze (domestic) is indeed cheap, public transport too, if you like Portuguese cuisine (not my coppa tea, very salty and overcooked wherever you go) is also very affordable - but that's about it. Do your homework before moving over here, but if you do want to come, people are super friendly, weather is great (most of the time) and nightlife/cultural offerings en masse :)

Yes the high rate of English is a positive thing but consider this before you decide to move there. The new VAT is 22 cents on the usd or euro for everything purchased.Rents are taxed if living in Lisbon at a luxury tax of 12 cents on the usd or euro as of January 1st 2021.These are things to seriously consider before moving to Lisbon.Furthermore anything within 25 miles of Lisbon proper has the same VAT. If you intend on having an online business a flat tax of 29 cents on the usd or euro will be levied depending upon how much you make. Property owners aren't abliged to inform renters of additional VAT passed onto renters.Since 2020 basically ruined the economy throughout Portugal and the government used up reserves they had the new VAT was mandatory to offset losses. Just a good piece of honest advice because I live in Lisbon.

Hey people " EDUARDO " lives in Moscow not in Portugal never has. Just another Trol getting 20 Rub for each response he gets on here pay no attention to the liar.

I'm from the UK and I lived in Lisbon for 1 year 2019.I must say the negative comments about Portugal are quite in order. People don't hate other countries for the most part but instead just Portugal. Portugal is the portal for major corruption throughout government and citizens. I understand why you bloaks in Portugal do the devious things you do throughout each day of your menial lives. You don't know how to create anything substantial on your own because you don't have the mindset to accomplish anything positive.You are what you are with wrecklous,abandon.Covid19 is helping Portugal rapidly with its nonworth which is in order too. Western Europe sees Portugal as a cull meaning a lame animal deseasing the entire herd.But culls are quite common throughout Portugal which spells out inadequacies as to the natural makeup of their own personas.

Lisbon's life cost is high at the moment as tourism is on the rise (or it was before covid).
There are surrounding cities such as Almada where you'd be closer to beach, to Lisbon and pay way less for rent for a luv living. It's a beautiful place to retire as you have the beauty of a country's capital but much cheaper than most of European ones.

Portugal is way overated,and foreigners that move to Portugal rarely stay very long.

Hello,

I'm planning to retire earlier with an income of US 3,000.00 a month. I love the beach and must be in a beach town. Any suggestions for Lisbon or nearby cities? would I be able to live comfortably with my income?

Hi there..
I am thinking to move to portugal for work. If i get aroung 1k € salary per month would that be enough to live with rent, food and transportation? Please help me to understand guys if i can get hostel or any cheap room in porto or lisbon