Summary of The Cost of Living in Faro, Portugal
• The average monthly cost of living for a single person in Faro is $1,935.00 including rent, or $1,010.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) in Faro is $2,583.90 including rent, or $1,658.90 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) in Faro is $3,587.90 including rent, or $2,385.40 excluding rent.
• The average yearly cost of living in Faro ranges from $23,220.00 for a single person to $31,006.80 for a couple, and $43,054.80 for a family of four, including rent. Excluding rent, the yearly range is $12,120.00 for a single person to $19,906.80 for a couple, and $28,624.80 for a family of four.
• For budget-conscious living in Faro, baseline monthly expenses range from $1,115.00 for a single person to $1,463.10 for a couple, and $2,038.20 for a family of four, including rent. Excluding rent, the range is $515.00 for a single person to $863.10 for a couple, and $1,258.20 for a family of four.
• For comfortable/luxury living in Faro, estimated monthly expenses range from $3,337.00 for a single person to $4,619.30 for a couple, and $6,406.80 for a family of four, including rent. Excluding rent, the range is $2,037.00 for a single person to $3,319.30 for a couple, and $4,716.80 for a family of four.
• The average monthly salary for a person in Faro is $1,656.00, which is 64.0% more than the average monthly cost of living and 221.6% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |