Monetary stability is relatively well maintained. The most recent available inflation rate is 0.9 percent.
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In terms of GDP, Portugal ranks #47 in the world and falls way behind major economies such as the USA and the UK. Nevertheless, the European Commission's projects place Portugal as the European country with the highest growth in 2022.
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.
In Coimbra or Braga a couple could live quite comfortably on that same budget of around $1,600 per month. Living in Lisbon, Porto, or trendy areas of the Algarve is going to cost more, but in other areas you can easily have a nice, cushy life for $2,000—add another $700+ to that for an equivalent Lisbon lifestyle.
Depending on your lifestyle, a couple should be able to get by with between $2,500 (€2,332) to $3,000 (€2,798) a month in Portugal outside the major cities. In major cities, particularly in the city center, expect to need a little more.