🇵🇹 Cost of living · Portugal
Funchal Cost of Living
Monthly cost of living breakdown for Funchal, Portugal
Cost Level: Low
Housing
1BR Apartment — City Center €650–1,050/mo (centre); €500–850/mo (outer)
USD Reference Approx. USD 740–1,200/mo (1BR centre) · at 2026-07-21 FX rates
Food & Dining
Budget Restaurant / Local Eatery €9–15 (casual); €33–58 (restaurant for 2)
Monthly Groceries €200–320/mo (groceries)
Transport
Monthly Transport Cost Monthly pass ~€35
Buses + cable car (no metro); driving/taxis common. Madeira Airport (FNC, connects Europe). A steep hill city; levada hikes and seafront promenades are signatures.
Monthly Budget Summary
Budget Lifestyle (single)
USD 800–1,200
Comfortable Lifestyle (single)
USD 1,200–2,000
Family Budget (2–3 people)
USD 2,500–4,000
Important Note
Data above is approximate and indicative. Actual costs vary by location, personal lifestyle, and exchange rate fluctuations. Verify with local sources after arrival.
Source: RichBay editorial estimate (indicative, not guaranteed)
Estimate baseline: 2026-06-21
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