Is Spain as cheap as Portugal?

While the cost of living can vary depending on location and personal preferences, Portugal tends to be slightly cheaper than Spain for accommodation, food, and transportation. Both countries offer beautiful scenery, rich culture, and delicious food, making them great destinations for travelers on a budget.



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Both Portugal and Spain have long, storied histories and robust cultures that'll charm you when you visit. If you're interested in seeing more famous artworks and experiencing the more influential culture, Spain probably edges Portugal out by virtue of its size. But remember that Portugal is no second fiddle.

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Spain is, according to the most recent FMI estimates, the 15th largest world economy (in PPP terms), with Portugal 55th. In terms of per capita GDP (PPP) the gap is smaller, with Spain ranking 32nd and its neighbour 43rd.

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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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Cost of living in Spain vs Portugal Spain and Portugal have very similar cost of living. While Portugal tends to be on the cheaper side for most things, it's also possible to have a cheaper cost of living in some Spanish cities.

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Eating and Living Well The 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.

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Santarém Just 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.

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In Portugal, the cost of living varies depending on the location and lifestyle you live. It is important to note that Lisbon and Cascais are the most expensive cities in Portugal, followed by Porto. As opposed to the expensive cities, Braga, Viseu, and Coimbra are the most affordable places you can find in Portugal.

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One of the main differences lies in the language. Spanish is the official language of Spain, while Portuguese is the official language of Portugal. Although they are both Romance languages and share some similarities, the pronunciation, vocabulary, and even certain expressions can vary.

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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.

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Big sister Lisbon is twice the size, more cosmopolitan, faster paced and 200 miles further south, so in summer it can be sweltering. Compact, walkable Porto has a more traditional feel and is cooled by Atlantic breezes through summer, though fog and rain can roll in via the same route during the winter.

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Overall Verdict – Lisbon Although both Madrid and Lisbon offer a plethora of sights and activities, Lisbon emerges as the best city due to its blend of historical landmarks, charming neighbourhoods, and vibrant cultural experiences.

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