Is Spain or Portugal cheaper?

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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The verdict. Deciding which country has the best beaches for you really depends on what you're looking for. Whereas Spain is graced by the warmer waters of the Mediterranean and the chilled-out beach life that comes with it, Portugal benefits from the lively waters of the Atlantic and some truly epic scenery.

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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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Advantages of Portugal Picturesque beaches. Sporting opportunities include the best surfing spots in Europe, top golf courses, hiking, and paraplanning. High English language standards. Tax benefits for residents with Non-Habitual Resident (NHR) regime.

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As of 2021, Spain's GDP per capita was $26,125.87, while Portugal's was $20,831.09.

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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 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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Portugal's beaches are beautiful, yes–but due to being set on the Atlantic, the water is actually much colder than many visitors might expect (yes, even in the Algarve). What is this? Spain's long Mediterranean coast, on the other hand, tends to offer much warmer water and a longer swimming season.

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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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Portugal is known for its delicious cuisine, and you can enjoy a meal at a budget restaurant for around $10 to $15 per person. If you prefer mid-range restaurants, expect to spend around $20 to $40 per person.

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