Is Portugal the cheapest European country?

Portugal. While more expensive than many Eastern European countries on the list, Portugal is the cheapest country in Western Europe. At a monthly budget of about 1200 Euros, Portugal offers a warm climate, access to the ocean, and a high level of safety.



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In fact, the average cost of living in Portugal is around €1,608 (€1,500) per month, depending on what part of Portugal you're living in. Overall, Portugal is considered one of the cheapest countries in Western Europe and is, on average, 50 percent cheaper than living in the United States.

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Well, in reality, Portugal is relatively affordable and has been recognized as one of the cheapest countries in western Europe because of its economical food prices, affordable accommodation choices, and cheap transportation prices. If you have sufficient finances, then you will find the country to be very affordable.

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Cost of Living Portugal is cheaper than Italy, particularly when it comes to eating out. Overall, Portugal is a cheaper place to buy and rent property, however some parts of Portugal (like Lisbon) are above average in terms of cost.

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Portugal is cheaper than Italy, particularly when it comes to eating out. Overall, Portugal is a cheaper place to buy and rent property, however some parts of Portugal (like Lisbon) are above average in terms of cost. The cost of living in Italy varies greatly too, with the south usually cheaper than the north.

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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.

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Is Italy cheap or expensive? Italy is generally considered to be an expensive destination for travelers. Bigger cities, such as Rome and Milan, can be especially costly in comparison to other areas of Europe. Staying in budget hotels can be costly, with nightly rates often starting at €60 or more.

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Cheapest European Countries 2023
  • Bulgaria. One of the Slavic countries, Bulgaria is one of Europe's hidden gems for both travelers and expats, and appears on nearly every list of affordable countries in Europe. ...
  • Montenegro. ...
  • Romania. ...
  • Hungary. ...
  • Czech Republic. ...
  • Portugal. ...
  • Georgia.


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Without further ado, welcome to the cheapest parts of Portugal!
  • Castelo Branco. The city of Castelo Branco is located in central Portugal, near the Spanish border. ...
  • Santarém. ...
  • Viseu. ...
  • Viana do Castelo. ...
  • Figueira da Foz. ...
  • Ponta Delgada. ...
  • Alcobaça. ...
  • Évora.


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Yes, if you live frugally, you should be able to live on $1000 a month in Portugal. However, it may not be possible if you live in Lisbon as costs are increasing, and rental costs are now quite high. If you want to live comfortably in the country, we would recommend €1,200.

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Portugal is cheaper than Italy, particularly when it comes to eating out. Overall, Portugal is a cheaper place to buy and rent property, however some parts of Portugal (like Lisbon) are above average in terms of cost. The cost of living in Italy varies greatly too, with the south usually cheaper than the north.

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Both countries are absolutely gorgeous but if you MUST pick one go as per your travel tastes. Italy for food and culture but go to Portugal for beaches and weather.

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