Food and drink prices at restaurants in MadeiraIn Funchal, you can go to a small local place and pay €5-12 for some food and a drink but then you can also go across the street to a fancier place and pay over €25 for food and a drink.
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You can easily pay €40 a head in Madeira. There are several fine dining restaurants where you can pay much more than that but you can have an evening meal in many (or perhaps even most) restaurants (with wine) typically for no more than €20 to €30 a head.
Is eating out in Madeira expensive? It's not expensive to eat out in Madeira unless you go to gourmet or Michelin-starred restaurant. You'll find bars by the road, in small villages and even the capital that have very reasonable menus of the day. Start your meal with a soup if you're trying to save the pennies.
A beer (33cl) -usually Coral brand- costs in Funchal approximately 2 Euro, in Porto Moniz it costs only 1,25 Euro. A limonade costs in Funchal approx. 1,50 Euro (for 33cl), often only 0,75 Euro in other places. A bottle of red or white Monte Velho wine will cost in between 10 and 12 Euro.
Past travelers have spent, on average, €33 ($35) on meals for one day and €9.87 ($10) on local transportation. Also, the average hotel price in Madeira Islands for a couple is €103 ($109). So, a trip to Madeira Islands for two people for one week costs on average €1,334 ($1,410).
Average monthly temperaturesFor the highest temperatures the best time to visit Madeira is between August and September although the sub tropical climate offers sunshine throughout the year and winter months are equally popular with visitors.
Tipping in Portugal & MadeiraTipping is not included nor do we have a set percentage to give, but it is common to tip in Madeira. If the food is good and the service friendly, tips are highly appreciated and appropriate.
The average standard of living tends to be a bit lower than in mainland Portugal, and the local autonomous government gives generous subsidies coming from the tourist industry revenues and from the Portuguese national budget. Go where the locals go and everything will be cheap.
Poncha is a traditional alcoholic drink from the island of Madeira, made with aguardente de cana (distilled alcohol made from sugar cane juice), honey, sugar, and either orange juice or lemon juice. Some varieties include other fruit juices.
Most places in Madeira do take cards, but you'll need some cash for buses, and I've heard that some of the cable cars only take cash too (the cable car from the promenade in Funchal does take cards). The small shops and cafes I visited all took cards but it's best to have some money just in case.
Comparison with London: Consumer prices in Funchal are 39.49% lower than in London (without rent). Rent Prices in Funchal are 63.96% lower than in London.
Delicious dishes in Madeira include espetada, a beef brochette; battered black scabbard fish, which is similar to sword fish; bolo do caco, bread with butter and garlic; grilled limpets; and bolo de mel, a dense sponge cake with nuts and spices.
The Portuguese have three meals a day, between 7:30 and 10 a.m. we have breakfast, consisting of drinking coffee or fruit juice with toast or a sandwich. The main meals are lunch, between 12:00 and 2:30 p.m., and dinner between 7:30 and 10:30 p.m.
Currency. Madeira uses the Euro, though major credit cards will work and ATMs are widely available. If you're flying direct to Madeira, currency can be exchanged at airports, banks, and hotels.
ELECTRICITY AND WATERThe electric current in the archipelago is 220 volts. There is plenty of water in Madeira and it is all drinkable and of excellent quality.
You should tip your taxi driver at least 15 to 20% of your trip fare. If you think of giving anything less than 10%, you might as well leave without tipping at all. If your fare is less than $10, leave a tip of not less than a dollar. Something like a 50-cent tip is insulting and more of a hassle to come up with.
Unlike some other countries, tipping in Portugal is not expected. If you receive sub-par service, there is no need to tip. Ask the locals and follow their lead when it comes to tipping situations. By blending into the Portuguese culture you'll be appreciated by service providers and locals alike.
Famous for it's year-round warmth and sunshine – choosing the best time to visit Madeira all depends on the type of holiday you're looking for… Let's start at the beginning of the year – January through to March is the coolest time of the year, but it's also the quietest and the cheapest.
The rainy season is between November and February, during which time rolling clouds and frequent rainstorms are typical. Most days during this time will have at least one rainstorm passing through. The months between May and August are the driest of the year.
Madeira's national currency is Euro (EUR), which comes in denominations of 5€, 10€, 20€, 50€, 100€, 200€ and 500€ notes. Coins come in 1, 2,5, 10, 20 and 50 cent and one and two euros denominations. Banks are open from 8:30 am to 15:00 pm, Monday to Friday.