Cost of living
Algarve compared to Madeira (Portugal)
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Overview comparison
AlgarveMadeira (Portugal)
Consumer prices in Algarve are roughly 55% higher than in Madeira (Portugal).
Cost of living
| Item | Algarve | Madeira (Portugal) |
|---|
| Total with rent one person | 1,616 | 879 |
|---|
| Total with rent family | 4,424 | 1,730 |
|---|
| Without rent one person | 550 | 365 |
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| Without rent one family | 1,801 | 1,040 |
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| Rent & Utilities person | 936.43 | 427.28 |
|---|
| Rent & Utilities family | 1,890.28 | 568.51 |
|---|
| Food person | 474 | 216 |
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| Food family | 923 | 490 |
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| Transport person | 90.21 | 25.03 |
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| Transport family | 278.72 | 96.22 |
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| Life expectancy | 81.32 years | 83.94 years |
|---|
Eating Out
| Item | Algarve | Madeira (Portugal) |
|---|
| Lunch Menu | 14.84 | 2.26 |
|---|
| Dinner in a Restaurant, for 2 | 49.54 | 24.73 |
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| Fast food meal, equiv. McDonald's | 10.37 | 4.4 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 3.18 | 1.28 |
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| Cappuccino | 3.28 | 1.78 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 1.63 | 0.72 |
|---|
Rent & Utilities
| Item | Algarve | Madeira (Portugal) |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 1,516.93 | 730.18 |
|---|
| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 721.97 | 371.11 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 2,153.22 | 961.06 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 1,820.69 | 478.74 |
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| Utility Bill one person, electricity, heating, water, etc. | 85.56 | 25.06 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 160.95 | 32.2 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 32.74 | 33.34 |
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Transportation
| Item | Algarve | Madeira (Portugal) |
|---|
| Local transport ticket | 3.81 | 11.09 |
|---|
| Monthly ticket local transport | 6,689 | 1,225 |
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| Taxi Ride, 8 km or 5 mi | 2,862 | 373 |
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| Gas / Petrol, 1 L or 0.26 gal | 2.08 | 0.42 |
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| Mortgage Interest Rate for 20 Years | 43.55% | 7.52% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 12.83 | 8.44 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.12 | 0.92 |
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Groceries
| Item | Algarve | Madeira (Portugal) |
|---|
| Milk, 1 L or 1 qt | 1.28 | 1.5 |
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| Bread, 0.5 kg or 1.1 lb | 1.64 | 1.15 |
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| Eggs, x12 | 3.78 | 1.22 |
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| Cheese, 1 kg or 2.2 lb | 10.14 | 11.47 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.24 | 4.76 |
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| Round Steak, 1 kg or 2.2 lb | 14.06 | 10.57 |
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| Banana, 1 kg or 2.2 lb | 1.42 | 0.83 |
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| Water, 1 L or 1 qt | 0.71 | 0.22 |
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Other
| Item | Algarve | Madeira (Portugal) |
|---|
| Gym Membership, 1 month | 42.36 | 57.14 |
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| Cinema Ticket, 1 person | 8.01 | 3.73 |
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| Doctors visit | 82.59 | 10.13 |
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| Haircut, simple | 13.93 | 1.89 |
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| Brand Jeans | 105.18 | 51.03 |
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| Brand Sneakers | 110.18 | 72.16 |
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| Daycare or Preschool, 1 month | 645.62 | 422.03 |
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| International Primary School, 1 year | 14,356 | 9,751 |
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