With both rent and restaurant prices being around 25% cheaper than in Lisbon, Funchal allows you to live your island dream without paying the more expensive prices of mainland Portugal.
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Utility costs in Madeira are generally lower than those in mainland Portugal. Electricity prices are up to 21.8% lower than in the Algarve, and internet costs are 11.2% less expensive. The island also has a lower VAT rate than the mainland, making certain goods and services more affordable.
Funchal – Madeira Island's capitalA family of four estimated monthly costs are 1,943.8€ without rent. A single person estimated monthly costs are 542.5€ without rent. Funchal is 13.1% less expensive than Lisbon. Rent in Funchal is, on average, 32.4% lower than in Lisbon.
Funchal – Madeira Island's capitalA family of four estimated monthly costs are 1,943.8€ without rent. A single person estimated monthly costs are 542.5€ without rent. Funchal is 13.1% less expensive than Lisbon.
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.
SantarémJust an hour away from Lisbon, the city of Santarém, in the Santarém district, is one of the cheapest cities to live in Portugal. It's also much calmer than the Portuguese capital, in what is called the Ribatejo region.
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.
In fact, Madeira was just voted Europe's “Leading Island Destination” in the World Travel Awards again (the sixth time in the last seven years). Less than four hours from London and with almost guaranteed sunshine, Madeira is an ideal winter break, or for that matter, anytime destination.
Madeira is boasting some of the most accessible biodiversity. It is known for its lush forests, gardens, and parks, which give the island a tropical feel. As a result of the mild temperatures here all year long, a range of exotic plants and herbs can be found in the gardens.
Madeira is 967.7 kilometers (601.3 miles) away and has the same time zone with Lisboa, Portugal. Madeira's climate is classified as Mediterranean, warm summer (Köppen climate classification: Csb) while Lisboa has a Mediterranean, hot summer climate (Csa). Madeira generally has warmer weather than Lisboa.
Portugal is slightly more affordable than Greece, and it also has a lot to offer visitors. It has a very diverse landscape that includes mountains, beaches, and almost desert like settings. There are vibrant cities like Lisbon and Porto, and natural areas where you can enjoy a more peaceful setting.
Utility costs in Madeira are generally lower than those in mainland Portugal. Electricity prices are up to 21.8% lower than in the Algarve, and internet costs are 11.2% less expensive. The island also has a lower VAT rate than the mainland, making certain goods and services more affordable.
Climate-wise, Madeira is warmer and less wet/rainy. In the Azores, you'll get every season in a single day. You probably won't like that so much. In Madeira, because of the micro-climates, it'll probably always be sunny somewhere on the island - and you can always just go above the clouds.
True, Malta perhaps has the edge in terms of historical drama and Madeira has an altogether grander, rawer feel to its scenery, but neither of these edge-of-Europe getaways are going to leave you feeling short-changed.
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.
I highly recommend going if you love nature, if you enjoy great food, a warm culture and breathtaking views at every turn. I stayed in the main Funchal, away from the tourist area. I didn't go to Madeira to be surrounded by other tourists taking photos of this or that.
Madeira is a super easy island to get around – with or without a car! There are buses that can take you almost everywhere and anywhere on the island. There are also lots of awesome tours to all the Levada hikes that pick you up and drop you off at your accommodation (especially if you're staying in Funchal).
Eating and Living WellThe cost of food is lower in Portugal because the average wage is lower than in places like the US. The typical worker in Portugal makes about €925 per month (based on 2019 figures). That works out to a little over $12,000/year.