THIS Is How Much It Costs To Live in Portugal Now (in 2024) 🇵🇹

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Chapters:
00:00 Is Portugal expensive?
00:25 Cost of Breakfast
1:45 Housing Prices
2:48 Rent Prices
3:57 Flatio Rentals
4:47 Utilities
5:47 Internet & Phone
6:46 Buying a Prepaid SIM
7:30 Shopping
8:00 Services
8:40 Entertainment & Tours
9:23 Outdoor Markets
10:02 Fruits & Vegetables
11:06 Beer & Wine
11:27 Feria de Ladra Flea Market
12:05 Food & Grocery Stores
13:51 Eating Out
15:47 Transportation Prices
17:02 Coworking & Remote Work
17:25 Healthcare & Insurance
18:31 SUMMARY Cost of Living for Foreigners

NOTE: This video is for informational and entertainment purposes only and is not individual consulting or advice. Video descriptions may contain affiliate links.

#lisbon #portugal #costofliving

[mikeinfortcollinslynn]

I first visited Lisboa with my wife in 1985. We were 2 expats working in Riyadh at the time. It was high season (July-August) and went to Lisboa with no reservations. We had been in Germany and took a train to Portugal. The train in Portugal was like sitting in hard back pews in a Catholic church for 8 hours - but it all got wonderful when we arrived. We met a young man named Pedro on the train, who we chatted with, telling our story of an impromptu trip to Portugal. He said he would consult with his granny when we arrived in Lisboa. Long story short the granny made her husband surrender his bedroom for us! Grandpa moved back into his wife's bedroom during our stay. We became part of the family for 5 days. This gesture of hospitality to total strangers endured us to the Portuguese people. For our 5 days we contributed to the house hold with food and the great Portugese wine. The granny was a very good cook. Pedro wanted to hang around with Americans to improve his English and became our interpreter with his grandparents. This is one of my greatest travel memories.

[joaosoares]

It's funny to see living cost of 2000-2500 euros when in Portugal the minimum wage is 750 and the average is 1000. Just shows that Lisbon is not a city for portuguese people anymore. In other cities you can usually rent a 1 bedroom appartment for about 350-450 euros and utilities are around 100 euros per month unless you literally leave the AC on the whole day. For food, most portuguese people only go to restaurants in special ocasions and usually spend about 200 euros per month in groceries.

[soccerdad]

I love how you did this video where you are just having a conversation with the camera like it was a friend out in the real world. Even your voice isn’t so loud to draw attention to others in the restaurant or market. Nice!

[samc]

My parents and I moved to Portugal 17 years ago (when I was still just a 12 year old child). Back then, there were some expats, mostly from the UK, as well as Germany, Netherlands, Nordic countries – and mostly in the Algarve. But over the years, it has particularly grown in popularity among the Americans, Chinese and rich people from developing countries looking for an easy way into Europe. It's absolutely crazy how expensive it has become in such a short amount of time. Luckily where my parents live it is in the countryside so things are still rather affordable (a glass of wine in our local cafe is less than a euro even), but as soon as I go to Lisbon I'm so shocked at the prices now. The funny thing is, my mum is so annoyed with the people now moving to Portugal, because it was bit a of a well kept secret back then. I have to remind her she is did the same thing 😂😂

[TimMaloneyNMactor]

Adventure exploring another Culture, new Language, new friends - Priceless .
Your budget details are very helpful . Thanks Kristin .

[izakniemann]

We plan to move to Portugal soon, not because we look for a 'low cost of living' country, but because Portugal is a beautiful, great and safe country to live in. And needless to say, we love the Portuguese people! We have a long history with those wonderful people.

[amandadayca]

OMG yes, I'm in Lisbon right now trying to find a place to live and it is a NIGHTMARE. I was here in 2018-2019 and it was the most chill, wonderful place. Now it's crowded and greedy :(.

[rivers]

Headed there next month for an exploratory visit. Accommodations are a bit on the high side, but food and drinks are easily affordable if you're careful. Still way cheaper than where we're located in the US. The weather is much better, and you don't necessarily need a car!

[Rovingkiwi]

You packed a lot of info into 20 short mins. Great stuff! I visited Portugal for the first time last year. In addition to the beautiful architecture, nature,
and delicious affordable food, I was so taken with the civility and friendliness of the Portuguese people.

[scottman]

That's a very good breakdown on the overall costs of living in Portugal! I'm glad to see it is quite affordable especially with the great weather there!

[tamaramadelin]

Great video! Coming from the US and France Portugal is affordable and it depends on your lifestyle! Buy at this point because rents are out of control...Our mortgage on a 4 br house 30 mins north of Lisbon is a third of rental prices...You must do the footwork and find your 'affordable'!! Food, restos, utilities, healthcare etc are way less than where I come from and it all depends on you and your expectations! Gas is expensive, but public transportation is cheap and good so drive less!! ❤Portugal 🇵🇹

[superpoodlehead]

FINALLY! A video that hits all of the most important points of Portugal!!! Thanks so much 🎉❤

[suebowman]

This is an awesome video to cover the cost of living in Lisbon. I like that Kristin breaks down the costs for everything and the price range is about right. Thank you for the helpful information.

[leandrotuche]

Yes, all of you can come here so you keep the rental prices going up. It's good to have the rent higher then our earnings. I'm glad that you like Portugal. The prices doubled in the last few years mostly or all because of foreigners buying and renting houses here. I'm so happy! 1/4 of the Portuguese population earns the 760 euro minimum wage. The average earnings are 1360 euros, and that's including the rich ones to make that average. I don't remember exactly all the numbers but I believe that more than half the population earns less than 1000 euros. It's so good that there isn't apartments with 1 bedroom cheaper than 1000 euros anymore. It's so good that I'm starting to be afraid of being thrown out of my apartment so the landlord can charge more. My rent, 720 euros, isn't cheap already. I need to work a lot to earn that money. I'm so happy for you! Well... Maybe the problem is also that the government policies allows this to happen and the taxes that are charged to the landlords. The reasons for this to happen are complex for sure. I know that you have good intentions. I also have to say that I like tourism and the contact with tourists. The tourism is also part of my income, I'm a musician. But have no doubt, the main reason rents have gone up so much is the fact that many foreigners with higher incomes than the Portuguese come to live here. The tourism also does that a lot, because many houses where converted to tourist rental.

[martypoll]

Here is a housing comparison in Bangkok, Thailand. I have been renting a 1 bedroom 50 square meter (540 sqft) condo, fully furnished, AC, 10th floor, 2 balconies, nice view for $750/month. The building has an adequate gym and a spectacular pool. The condo is set back from the main Sukhumvit road so the city noise level is reduced but I am a short walk to the central BTS train which is only 4 stops from central downtown. It is a vibrant neighborhood with street food and restaurants. Even your low cost example is significantly more expensive than my central Bangkok condo. Looking at all the expenses you mentioned I would say Portugal, in the city, is at least 2-3x more expensive than central Bangkok which is the most expensive location in Thailand. It is possible though to find luxury expensive housing and live a HiSo lifestyle here

[xbmcme]

The biggest open secret is that everything costs way more in the touristy areas. Once you get out of those zones, things get cheaper. Of course they might not have as much, but it will be much cheaper.

[jeffreygoyer]

Good video - you were filming in my neighborhood! I agree with all your pricing, one of the most accurate reviews I have seen. Local restaurants and supermarkets allow a low cost of living, and I used to say that about Texas. Galera cocktail room is a great add to my street,

[renatomartins]

Conclusion: If you're a local you're basically screwed because your monthly budget, even for people earning double ou triple the minimum wage, isn't enough for this type of prices. If you're a foreign with a foreign wage and without a minimum respect for locals this place is good for you. You'll have nice people treating you, great food, facilities and culture, you'll be connected to the rest of europe easily (if you live in Lisbon, Porto or nearby) and you'll have the best time of you're life.

[Keith_Aerotrunk]

You make a great point about the importance of keeping living expenses, especially housing, at a fair price for locals. It's so important to be mindful of the impact that tourism can have on a community, and to make sure that the benefits are shared fairly. Keep the contents coming, Kristin!

[mangottwo]

well done to the Portuguese government!! Ending the Golden Visa, and limiting new Airbnb licences. Yes, I want an open world but pricing out locals is not cool. Countries have to find some balance between those of us whop want to travel and locals who want a stable life which must include affordable housing.

Rent in too many paces is outta control