Portugal

Cost of Living in Algarve

Monthly Total

$2,204

$38,570

Housing (1BR Mid-range)

$1,242

Daily Spend (ex. rent)

$32

Based on a typical expat lifestyle: 1BR furnished apartment, mix of cooking/eating out, rideshare transportation, moderate entertainment. Last updated: 1/14/2026.

Monthly Cost Breakdown

Housing (Rent)

1BR furnished apartment in mid-range neighborhood

$1,242

$21,735

Utilities

Electric, water, gas, and internet

$173

$3,028

Groceries

Groceries from supermarkets

$189

$3,308

Dining Out

Mix of casual restaurants, ~12 meals/month

$132

$2,310

Transportation

Rideshare (Uber/Didi), ~30 rides/month

$150

$2,625

Lifestyle & Entertainment

Entertainment, occasional cleaning service

$226

$3,955

Healthcare

Basic private health insurance

$42

$735

Phone & Subscriptions

Phone plan and streaming subscriptions

$50

$875

Monthly Total

$2,204

$38,570

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Living in Algarve

More affordable than Lisbon with best climate. A frugal single can live on $1,404-1,728/month while comfortable living costs $1,944-2,376. Couples budget $2,700-3,240. Prices vary by town—Vilamoura most expensive, Lagos and Tavira more affordable.

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