Porto: Porto is Portugal's second-largest city and offers a rich cultural heritage, a thriving arts scene, and excellent food and wine. Many American expats choose to live in neighborhoods such as Ribeira, Miragaia, and Foz do Douro. What is this?
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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.
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.
The Algarve is the most popular choice for British expats living in Portugal and while this region on Portugal's southern coast is often known for busy tourist resorts, the stunning coastline is also home to quieter areas and idyllic countryside largely untouched by tourism.
Some cons of retiring in Portugal include the slow pace of life, which doesn't suit everyone, bureaucracy and long waiting times, the need to carry cash, no central heating, and relatively low salaries compared to other European countries.
Porto. Porto's second city is never one to be outdone by Lisbon, and for a number of years has been the city where the most English is spoken in Portugal.