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