Cost of living
Faro compared to Madeira Islands
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Overview comparison
FaroMadeira Islands
Consumer prices in Faro are roughly 13% higher than in Madeira Islands.
Cost of living
| Item | Faro | Madeira Islands |
|---|
| Total with rent one person | 1,017 | 1,421 |
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| Total with rent family | 2,556 | 3,019 |
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| Without rent one person | 418 | 601 |
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| Without rent one family | 1,813 | 2,027 |
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| Rent & Utilities person | 561.63 | 838.59 |
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| Rent & Utilities family | 724.39 | 1,077.56 |
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| Food person | 355 | 434 |
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| Food family | 769 | 1,250 |
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| Transport person | 54.04 | 55.33 |
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| Transport family | 176.29 | 213.29 |
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| Life expectancy | 79.55 years | 70.76 years |
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Eating Out
| Item | Faro | Madeira Islands |
|---|
| Lunch Menu | 9.51 | 13.64 |
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| Dinner in a Restaurant, for 2 | 33.3 | 48.67 |
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| Fast food meal, equiv. McDonald's | 9.86 | 9.88 |
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| Beer in a Pub, 0.5 L or 16 fl oz | 1.97 | 2.82 |
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| Cappuccino | 2.69 | 2.45 |
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| Pepsi / Coke, 0.5 L or 16.9 fl oz | 2.24 | 1.69 |
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Rent & Utilities
| Item | Faro | Madeira Islands |
|---|
| 1 bedroom apartment in city Center, 40 m2 or 430 ft2 | 798.6 | 819.89 |
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| Cheap 1 bedroom apartment, 40 m2 or 430 ft2 | 553.64 | 677.09 |
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| 3 bedroom apartment in city Center, 80 m2 or 860 ft2 | 957.68 | 1,184.08 |
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| Cheap 3 bedroom apartment, 80 m2 or 860 ft2 | 536.06 | 872.17 |
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| Utility Bill one person, electricity, heating, water, etc. | 60.9 | 59.47 |
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| Utility Bill for a Family, electricity, heating, water, etc. | 112.43 | 94.61 |
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| Internet plan, 25 Mbps+ 1 month unlimited | 34.79 | 32.67 |
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Transportation
| Item | Faro | Madeira Islands |
|---|
| Local transport ticket | 5.81 | 3.92 |
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| Monthly ticket local transport | 3,277 | 2,758 |
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| Taxi Ride, 8 km or 5 mi | 3,019 | 2,193 |
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| Gas / Petrol, 1 L or 0.26 gal | 3.23 | 1.91 |
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| Mortgage Interest Rate for 20 Years | 34.88% | 26.22% |
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| Apartment price to Buy in city Center, 1 m2 or 10 ft2 | 18.78 | 17.68 |
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| House price to Buy in Suburbs, 1 m2 or 10 ft2 | 2.48 | 1.41 |
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Groceries
| Item | Faro | Madeira Islands |
|---|
| Milk, 1 L or 1 qt | 0.8 | 1.09 |
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| Bread, 0.5 kg or 1.1 lb | 0.86 | 1.54 |
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| Eggs, x12 | 4.54 | 3.65 |
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| Cheese, 1 kg or 2.2 lb | 12.17 | 11.02 |
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| Chicken Breast, 1 kg or 2.2 lb | 6.19 | 6.54 |
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| Round Steak, 1 kg or 2.2 lb | 14.62 | 8.42 |
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| Banana, 1 kg or 2.2 lb | 1.46 | 1.49 |
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| Water, 1 L or 1 qt | 0.51 | 0.36 |
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Other
| Item | Faro | Madeira Islands |
|---|
| Gym Membership, 1 month | 42.11 | 44.32 |
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| Cinema Ticket, 1 person | 8.76 | 7.02 |
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| Doctors visit | 73.7 | 75.2 |
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| Haircut, simple | 14 | 11.55 |
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| Brand Jeans | 99.2 | 60.67 |
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| Brand Sneakers | 66.5 | 91.95 |
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| Daycare or Preschool, 1 month | 539.76 | 272.46 |
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| International Primary School, 1 year | 13,732 | 8,825 |
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