Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Lisbon

Portugal

COL index 71.2

vs
Porto

Portugal

COL index 46.8

Lisbon vs Porto — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Porto is 34.3% cheaper than Lisbon for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
LisbonMetricPortoΔ
71.2Cost of living index46.8-34.3%
€50,000Median gross salary€50,0000.0%
€32,496Net at €50,000 gross€32,4960.0%
€1,450Rent — 1BR centre€1,080-25.5%
€2,014Monthly COL (single)€1,583-21.4%
€45,641PPP — net / COL€69,436+52.1%
35.0%Effective tax @ €50,00035.0%0.0%
§ 02

Monthly expenses — paired

Lisbon Porto
Rent — 1BR centre
Lisbon
€1,450
Porto
€1,080
Groceries
Lisbon
€320
Porto
€265
Utilities
Lisbon
€130
Porto
€140
Transport
Lisbon
€40
Porto
€36
Internet
Lisbon
€36
Porto
€32
Gym
Lisbon
€38
Porto
€30
§ 03

Salary equivalence

50,000 gross in Portugal = €2,321 net monthly.

To have the same purchasing power in Porto, you would need roughly €30,288 gross in Portugal (≈ €1,780 net monthly, adjusted for cost-of-living index).

€50,000
Lisbon
€32,496
Net annual · 35.0% effective
PPP-adjusted equivalent
€45,641
Porto
€32,496
Net annual · 35.0% effective
PPP-adjusted equivalent
€69,436
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§ 04

Pros & cons

Lisbon
  • High rent-to-income ratio (62.5%)
  • +14-month salary structure
Porto
  • +Significantly cheaper rent (€1,080)
  • +Low overall cost of living (index 47)
  • High rent-to-income ratio (46.5%)
  • +14-month salary structure
§ 05

The verdict

Across the data, Porto carries a lower cost-of-living index; Porto wins on purchasing power after costs are netted out. If purchasing power is your north star, Porto edges it.

§ 06

Frequently asked

Is Lisbon cheaper than Porto?+

Porto is cheaper. Cost-of-living index: Lisbon 71.2, Porto 46.8 — a 34.3% difference (Q1 2026).

What is the cost of living difference between Lisbon and Porto?+

Lisbon sits at 71.2 on our COL index, Porto at 46.8. That works out to roughly 34.3% — Porto being the cheaper of the two.

Is Lisbon a good place to live compared to Porto?+

It depends on priorities. Lisbon delivers €32,496 net on a €50,000 gross salary at a 35.0% effective tax rate. Porto delivers €32,496 at 35.0%. Centre 1-bed rent: €1,450 vs €1,080.

How do salaries compare in Lisbon vs Porto?+

On a €50,000 gross salary, take-home is €32,496/year (€2,321/month) in Lisbon and €32,496/year (€2,321/month) in Porto.

Which city has lower taxes, Lisbon or Porto?+

Portugal has the lower effective rate at €50,000: Portugal 35.0%, Portugal 35.0%.

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