Cost of living
Faro compared to Algarve
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Overview comparison
FaroAlgarve
Consumer prices in Algarve are roughly 27% higher than in Faro.
Cost of living
| Item | Faro | Algarve |
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| Total with rent one person | 1,017 | 1,616 |
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| Total with rent family | 2,556 | 4,424 |
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| Without rent one person | 418 | 550 |
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| Without rent one family | 1,813 | 1,801 |
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| Rent & Utilities person | 561.63 | 936.43 |
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| Rent & Utilities family | 724.39 | 1,890.28 |
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| Food person | 355 | 474 |
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| Food family | 769 | 923 |
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| Transport person | 54.04 | 90.21 |
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| Transport family | 176.29 | 278.72 |
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| Life expectancy | 79.55 years | 81.32 years |
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Eating Out
| Item | Faro | Algarve |
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| Lunch Menu | 9.51 | 14.84 |
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| Dinner in a Restaurant, for 2 | 33.3 | 49.54 |
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| Fast food meal, equiv. McDonald's | 9.86 | 10.37 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.97 | 3.18 |
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| Cappuccino | 2.69 | 3.28 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.24 | 1.63 |
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Rent & Utilities
| Item | Faro | Algarve |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 798.6 | 1,516.93 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 553.64 | 721.97 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 957.68 | 2,153.22 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 536.06 | 1,820.69 |
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| Utility Bill one person, electricity, heating, water, etc. | 60.9 | 85.56 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 112.43 | 160.95 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 34.79 | 32.74 |
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Transportation
| Item | Faro | Algarve |
|---|
| Local transport ticket | 5.81 | 3.81 |
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| Monthly ticket local transport | 3,277 | 6,689 |
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| Taxi Ride, 8 km or 5 mi | 3,019 | 2,862 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.23 | 2.08 |
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| Mortgage Interest Rate for 20 Years | 34.88% | 43.55% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.78 | 12.83 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.48 | 2.12 |
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Groceries
| Item | Faro | Algarve |
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| Milk, 1 L or 1 qt | 0.8 | 1.28 |
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| Bread, 0.5 kg or 1.1 lb | 0.86 | 1.64 |
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| Eggs, x12 | 4.54 | 3.78 |
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| Cheese, 1 kg or 2.2 lb | 12.17 | 10.14 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.19 | 6.24 |
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| Round Steak, 1 kg or 2.2 lb | 14.62 | 14.06 |
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| Banana, 1 kg or 2.2 lb | 1.46 | 1.42 |
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| Water, 1 L or 1 qt | 0.51 | 0.71 |
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Other
| Item | Faro | Algarve |
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| Gym Membership, 1 month | 42.11 | 42.36 |
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| Cinema Ticket, 1 person | 8.76 | 8.01 |
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| Doctors visit | 73.7 | 82.59 |
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| Haircut, simple | 14 | 13.93 |
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| Brand Jeans | 99.2 | 105.18 |
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| Brand Sneakers | 66.5 | 110.18 |
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| Daycare or Preschool, 1 month | 539.76 | 645.62 |
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| International Primary School, 1 year | 13,732 | 14,356 |
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