Compare Countries

Portugal vs Spain

Single · Comfortable · $3,000/mo

PortugalOverall winner

Portugal is approximately 6% less expensive than Spain based on cost of living including rent. This makes Portugal a more budget-friendly option for expats considering a move.

Portugal has a FIRE Score of 59/100, indicating its suitability for financial independence and early retirement. The country's safety index is 66.7, which is relatively safe.

Recommended profile: Portugal is well-suited for retirees seeking a balanced lifestyle.

Side by side

Best in row

Lisbon

Portugal

Normal Precautions
Overall72

Madrid

Spain

Increased Caution
Overall71.4
Cost
Cost of living index
Best in row. 48.8
51.5
Living costs, single, excluding rent
Best in row. $776/mo
$823/mo
Living costs, family, excluding rent
Best in row. $2,805/mo
$2,976/mo
Total monthly, rent included
Best in row. $1,815/mo
$1,852/mo
Monthly savings
Best in row. $1,185/mo
$1,148/mo
Housing
1BR, city centre
$1,040
Best in row. $1,028
1BR, outside centre
$824
Best in row. $804
3BR, city centre
$1,755
Best in row. $1,636
3BR, outside centre
$1,329
Best in row. $1,232
Scores
FIRE score
Best in row. 59/100
55/100
Nomad score
Best in row. 74/100
70/100
Retiree score
Best in row. 66/100
65/100
Overall score
Best in row. 72/100
71/100
Rights & inclusion
Same-sex relations
Not criminalized
Not criminalized
LGBTQ+ legal protection score
84.1
Best in row. 95.5
Attitudes
60
Best in row. 67
Women's inclusion*
86.1
Best in row. 86.2
Safety & quality of life
Travel advisory
Normal Precautions
Increased Caution
Safety index
Best in row. 66.7
61.9
Healthcare index
72
Best in row. 76.7
Quality of life index
N/A
N/A
Average internet speed
260 Mbps
Best in row. 267 Mbps

Country-level averages. N/A or Not enough data means no figure is published for that country. * Women's inclusion scores are unverified.

About these countries

About Portugal

A one-bedroom in central Lisbon runs about $1,040/month, roughly a third of comparable Boston or DC rents. Combined with $776 in monthly living costs, a couple can live well under $2,500/month total, and the D7 visa only requires $1,031 income to qualify. The catch: Portuguese progressive tax hits 48% (top bracket), so this works best for retirees on fixed foreign income, not high earners staying tax resident.

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.