Cost of living in Portugal

In 2020, a year marked by the sudden appearance of the Covid-19 pandemic, more than 3 million jobs were lost in the European Union (EU). Wages, on the other hand, increased in most member states. Portugal was, in fact, the 5th country in the Euro Zone where salaries rose most (2.9%).

It's time to find out where to find the cheapest electricity in Portugal.

Summer 2021 is almost here, and many Europeans, in spite of the fact that holidays may be affected by the coronavirus in some cases, are starting to pack their suitcases in preparation for a holiday in Portugal this summer 2021.

In a list of 59 countries from around the world, Portugal was considered one of the destinations with the best quality of life and work, occupying fifth position in the table.

Milan is the capital of Southern Europe where the effort rate of families to pay the rent of a house is the highest: 42,6%. A figure higher than that registered, for example, in Madrid (36.3%) and Lisbon (35.8%). Another Portuguese city, Setúbal, is in second place in this ranking (40.6%).

The Spanish supermarket giant Mercadona continues to invest in its expansion plan in Portugal, the first country chosen as part of the company's internationalisation strategy.

The expat community in Portugal is made up of half a million foreign residents according to the latest figures.

A considerable amount of property demand in Portugal comes from expats who have relocated to the country, and in spite of uncertainties such as Brexit and the coronavirus pandemic, the expat population in Portugal continues to grow and moving to Portugal is still a good idea in 2021. If you are thi

How have minimum wages evolved during the COVID-19 crisis throughout the world?

How much does it cost to live in Portugal in 2021? What will become more expensive in Portugal in 2021, and what products and/or goods will cost the same or lower this year?

Lisbon is the third best city in the world for foreigners to live in, after the Spanish cities of Valencia and Alicante, which occupy first and second place respectively.

When people think of moving to Portugal, the first place that usually comes to mind is the Algarve.

The German supermarket chain ALDI, popular across Europe, began its expansion in Portugal in the South and 14 years later has 80 shops throughout the country.

The sale of solar power systems for residential housing is increasing in Portugal. These are the indicators felt by Energie Portugal which, between January and May 2020, increased its volume of business in the domestic sector by 83%.

The cost of living in Lisbon decreased in 2020. The Portuguese capital fell 11 places in the "Cost of Living 2020" ranking, by the consultancy firm Mercer, and is now the 106th most expensive city in the world to live in for expats out of a total of 209 major cities.

In a world which seems increasingly small but with more and more opportunities, people often consider moving to another place to live for different reasons.

Mercadona marked its entry into Portugal in 2019, with the opening of a dozen stores in the northern part of the country.

We already know that in Portugal, 2020 is going to be a year that sees some lower household expenses in certain areas and this includes cheaper electricity bills.

February is still one of the coldest months of the year and for many people living in Portugal, winter is synonymous with discomfort at home or high energy bills.

The Portugese Government is considering abolishing the fixed amount of money given to university students as an accommodation allowance, and adjusting it according to the average rent in the area where they study.

Everything indicates, except in the case of unexpected surprises, that the Portuguese will benefit in 2020 from an increase in purchasing power, thanks to improved economic conditions and falling unemployment, together with an expected rise in wages, on average, above inflation.

The electricity bill is one of the most costly charges for households in Portugal, but the good news is that the amount to be paid will fall for the third consecutive year.

Renting out your holiday home the rest of the year while you are not using it can be an additional source of income. The Portuguese real estate sector is currently very dynamic, and demand is on the rise, often exceeding supply so that higher rents can be charged.

It's official. From January 1st, 2020, anyone in Portugal who produces solar energy will be able to share it with their neighbours.

Natural gas prices in Portugal will drop from 1st October 2019. Rates will drop by 2.2% for the 277,000 consumers that remain in the regulated market, which represents about 3% of the total national consumption.