What is the Cost of Living in Portugal 2024?

16 min read

So, you’ve got your sights set on Portugal – a land of stunning beaches, delicious food, and rich history. But hold on a second, adventurer! Before you pack your bags and book a flight, there’s a crucial question: can you afford to live the Portuguese dream? Worry not! This guide will explain the practicalities of the cost of living in Portugal. 

You might be interested to know that the number of international students in Portugal reached a record high in recent years, representing 16.5% of the total student body! With so many students choosing Portugal, it’s clear there’s something special about this country.

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This comprehensive guide will cover everything from rent and groceries to transportation and nights out, all with a student’s budget in mind. You can trust that this guide thoroughly explores all aspects of living expenses in Portugal.

Living abroad shouldn’t be a financial nightmare. So grab your virtual surfboard and explore the wonderful world of Portuguese affordability! 

Key Highlights

This handy table gives you a quick peek at Portugal’s average cost of living for Indian students. Remember, these are estimates. Actual prices may vary depending on your lifestyle and chosen city. 

Below are the key highlights of the cost of living in Portugal for Indian students.

ParticularsDetails
Number of International Students in Portugal74,000+  
Average Cost of Living in PortugalINR 22k – INR 45k (EUR 250 – 500) monthly (without rent)
Average Rent in the City CentreINR 30k (PHP 21k) monthly (for one bedroom) 
Average Tuition FeesINR 1.5L – INR 4.5L (EUR 1.8k – 5.5k)
Average Salary INR 3.3L (EUR 3.7k) monthly
Top Universities (As per QS Ranking 2025)University of Lisbon
University of Porto 
University of Coimbra
Scholarships that Reduce Living Expenses in PortugalErasmus + Programme
Fulbright-Nehru Fellowship
Camoes Institute Scholarship

Why Choose Portugal as A Study Abroad Destination?

What is the Cost of Living in Portugal 2024?

Portugal is a unique blend of affordability, academic excellence, and sun-soaked charm – the perfect recipe for an unforgettable study abroad experience. Portugal’s living cost is also reasonable, even in popular cities like Lisbon. 

The comfortable monthly cost of living in Portugal for a single person ranges between INR 1.2L (EUR 1.3k) and INR 1.4L (EUR 1.5k), varying by location and living standard. And the best part? This is significantly lower than in many other European countries like the UK, where the cost of living for a single person is about INR 2.7L  (EUR 3k) per month.

Sure, the affordable cost of living in Lisbon, Portugal, is a major perk, but this country offers so much more than just that. 

Here’s why Portugal should be your top choice. 

  • Affordable Tuition Fees: Public universities in Portugal generally charge less than INR 1.3L (EUR 1.5k) per year for bachelor’s and master’s programs.
  • High-Quality Education: Portugal, home to prestigious universities like the University of Lisbon and the University of Porto, offers excellent educational opportunities for international students.
  • Diverse Course Options: Portugal offers a wide range of programs, from MBBS to PhDs.
  • Rich Cultural Experience: Enjoy vibrant events like the Carnaval and Santo António Festival.
  • English-Taught Programs: Many universities, including the University of Lisbon, the University of Porto, and NOVA University Lisbon, offer most of their courses in English.
  • Scholarships and Financial Aid: Numerous scholarships, including the Portuguese Government Scholarships and Erasmus Mundus Program, are available to reduce the cost of studying in Portugal.
  • Post-Study Work Visas: You can stay and work for up to one year in this country after graduation. 
  • Safe and Welcoming Environment: Ranked 16th safest country in Europe with a Safety Index of 68.8, allowing students to focus on their studies and personal growth without safety concerns.

Cost of Living in Portugal For Indian Students

Are you considering Portugal for your studies? The cost of living in Portugal is undoubtedly favourable, but there’s so much more to this charming European nation. Portugal is a “bom custo” (good value) destination, so there’s no breaking the student bank! 

In fact, the cost of living in Portugal is notably cheaper than in Germany. For a mid-size apartment, utilities cost around INR 10k (EUR 110) per month in Portugal compared to INR 13.5k-22.5k (EUR 150-250) in Germany. 

Here is a simplified overview comparing the general cost of living in Portugal to the United States and the United Kingdom. 

Cost of Living MetricCost of Living in Portugal vs United StatesCost of Living in Portugal vs United Kingdom
Overall Cost of Living36.6% lower in Portugal25.3% lower in Portugal
Rent Prices54.2% lower in Portugal42.6% lower in Portugal
Consumer Prices (including rent)38.4% lower in Portugal25.7% lower in Portugal

These lower expenses make Portugal an attractive destination for students, but it’s time to dig deeper! Get into the details of what makes Portugal the perfect place to launch your international studies. 

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Cost of Accommodation in Portugal

So, you’ve decided to chase your academic dreams in the sunshine-soaked haven of Portugal! Now comes the question of where to lay your head. Did you know renting an apartment in Lisbon or Porto is 30-50% cheaper than in London or Berlin?  

Here’s a breakdown of the most common options, along with their price ranges (remember, these are estimates, and actual costs can vary depending on location and amenities).

Apartment TypeMonthly Rent in Lisbon (City Center)Monthly Rent in Lisbon (Outside the City Center)
1 BHKINR 70k (EUR 800)INR 48k (EUR 550)
2 BHKINR 1L (EUR 1.2k)INR 70k (EUR 800)
3 BHKINR 1.4L (EUR 1.6k)INR 88k (EUR 1k)
Hostel (Private Room)INR 4k-5k (EUR 50-65)INR 3k-4k (EUR 35-45)
Hostel (Dorm Bed)INR 2k-3k (EUR 22-30)INR 1.5k-2k (EUR 16-25)

Cost of Food in Portugal

Ah, Portugal – a land for historical wonders, stunning coastlines, and delicious and affordable eats like pastel de nata! Whether you’re a seasoned gourmand or a budget-conscious student, penning down food costs in Portugal is a breeze.   

Some of the most affordable supermarkets for groceries include Pingo Doce, Continente, and Lidl. These stores offer a wide range of products at competitive prices, making it easy to enjoy the local cuisine without breaking the bank.

Now, here’s your cheat sheet to keep your tummy happy without burning a hole in that pocket. 

ItemPrice in Portugal
Milk (1 litre)INR 77 (EUR 0.93)
Loaf of Fresh White Bread (500g)INR 114 (EUR 1.37)
Rice (1 kilogram)INR 112 (EUR 1.35)
Eggs (12)INR 228 (EUR 2.74)
Local Cheese (1 kilogram)INR 836 (EUR 10.05)
Chicken Fillets (1 kilogram)INR 570 (EUR 6.85)
Beef Round (1 kilogram)INR 995 (EUR 12)
Apples (1 kilogram)INR 165 (EUR 2)
Bananas (1 kilogram)INR 105 (EUR 1.26)
Oranges (1 kilogram)INR 132 (EUR 2)
Tomatoes (1 kilogram)INR 183 (EUR 2.20)
Potatoes (1 kilogram)INR 122 (EUR 1.47)
Onions (1 kilogram)INR 146 (EUR 1.76)
Lettuce (1 head)INR 115 (EUR 1.38)

Transportation Cost in Portugal

Portugal offers a variety of ways to explore its charming towns and breathtaking landscapes. But how much will it cost your student budget? Public transportation costs in Portugal are 30-50% lower than in the United Kingdom! 

This section will map out the transportation costs in Portugal, helping you choose the most affordable option. 

Transportation TypePrice in Portugal
One-way Ticket (Local Transport)INR 220 (EUR 2.65)
Monthly Pass (Regular Price)INR 3.8k (EUR 45.60)
Taxi Start (Normal Tariff)INR 330 (EUR 3.95)
Taxi 1km (Normal Tariff)INR 110 (EUR 1.30)
Taxi 1 hour Waiting (Normal Tariff)INR 1.6k (EUR 20.15)
Gasoline (1 litre)INR 158 (EUR 1.89)
Please Note: Average costs are subject to fluctuations and variations.

Cost of Utilities in Portugal

Soaking up the sun on a Portuguese beach sounds pretty sweet, right? But before you bust out your swimsuit, there’s one more thing to consider: those pesky utility bills. 

Portugal’s monthly utility costs are typically 50-90% lower than in many other European nations, making it one of the more affordable places to live in Western Europe from a utility perspective.

The table below will highlight the cost of keeping your Portuguese pad comfortable and connected.

UtilitiesEstimated Monthly Cost
Internet – 60 Mbps or More, Unlimited Data, CableINR 2k – 4k (EUR 30 – 50)
Electricity, Heating, Cooling, WaterINR 6k – 10k (EUR 70 – 120)
Mobile Phone – Calls and 10GB+ DataINR 1k – 2k (EUR 15 – 25)

Cost of Living Comparison: Portugal vs USA, UK, and Canada

Dreaming of European adventures but worried about the cost of living in Portugal? Hold on to your bags! Portugal challenges traditional study destinations by offering an affordable alternative. 

Grocery prices in Portugal are super affordable compared to many other countries. Don’t believe it? 

Here are some eye-opening stats for you:

  • The cost of living in Portugal is 41.7% lower than in the United States
  • It’s 27.5% lower than in the United Kingdom
  • It’s 22.3% lower than in Canada 

Get ready to indulge in Portuguese culture and discover why living costs in Lisbon are a win for budget-conscious students.

CountryMonthly Cost of Living
PortugalINR 44k – INR 71k (EUR 500-800)
USAINR 2L – 2.5L (EUR 2.3k-2.8k)
UKINR 84k (EUR 950)
CanadaINR 69k (EUR 771)

Scholarships to Reduce Cost of Living in Portugal

Tuition fees at some of Portugal’s most affordable universities range from around INR 57k to INR 5.4L per year (EUR 674 to 6.5k). Even though these may be affordable for most folks, you may still want to hunt some way to make it easier – A scholarship! 

Several scholarships exist to help you further reduce your financial burden and maximise your Portuguese adventure. 

Here are some ways to reduce living expenses in Portugal. 

Scholarship NameOffered ByProgram
Erasmus+ ProgrammeEuropean UnionStudent and Staff MobilityCooperation Projects
Fulbright-Nehru FellowshipUnited States-India Educational FoundationGraduate StudiesResearch, Teaching
Camões Institute ScholarshipCamões InstitutePortuguese Language and Culture Studies
Erasmus Mundus – ANGLE ProjectUniversity of PortoMaster’s, DoctorateStaff Mobility
MIND 23 ScholarshipUniversity of PortoStudent Mobility with Fewer Opportunities
  1. Erasmus+ Programme

The Erasmus+ Programme is the European Union’s premier education, training, youth, and sport initiative. 

This exceptional program opens doors to many opportunities for international students and offers unparalleled access to enriching European education experiences.

Scholarship Amount and Type

Erasmus+ grants support student mobility between European countries and international partners, with scholarship amounts varying depending on the type of mobility. Student mobility grants range from EUR 9k to EUR 27k per year (INR 7.2L – 21.6L).

Eligibility Criteria

This program is open to students from higher education institutions. Students must be enrolled in a higher education institution and undertake a study period.

Usage

Erasmus+ grants can cover travel, accommodation, and subsistence costs during the mobility period. Student mobility typically lasts 3-12 months.

  1. Fulbright-Nehru Fellowship

The Fulbright-Nehru Fellowship is a prestigious program to foster academic and cultural exchange between India and Portugal. This fellowship provides Indian students with the opportunity to conduct research, teach, or pursue graduate studies in Portugal. 

The program aims to strengthen the ties between the two countries by promoting mutual understanding and collaboration in various academic fields. 

Scholarship Amount and Type

Fulbright-Nehru Fellowships support Indian scholars and professionals conducting research or pursuing graduate studies in Portugal. Scholarship amounts vary depending on the program: Doctoral Research Fellowships range from EUR 9k to EUR 27k per year (INR 7.2L – 21.6L).

Eligibility Criteria

Open to Indian scholars registered for a PhD, applicants must demonstrate leadership qualities. The research or activities proposed must be relevant to India and Portugal.

Usage

Fulbright-Nehru Fellowships can cover travel, accommodation, and subsistence costs during the research or study period. These fellowships support pre-doctoral and post-doctoral research and typically last from 3 to 12 months.

  1. Camões Institute Scholarship

The Camões Institute Scholarship is a prestigious program to support Indian students who wish to pursue studies in Portugal, focusing on the Portuguese language and culture. 

The objectives are to train young professionals in areas considered priorities for developing their home countries. 

  1. Scholarship Amount and Type

The Camões Institute Scholarship supports Indian students who wish to study the Portuguese language and culture in Portugal. It covers various academic activities, including undergraduate and postgraduate studies, research, and language courses. Scholarship amounts vary but can range up to EUR 10k (INR 8L) annually.

  1. Eligibility Criteria

Open to Indian students who wish to study Portuguese language and culture, applicants must demonstrate academic excellence and a strong interest in Portuguese studies. Candidates should have a good command of Portuguese or be willing to take language courses as part of the scholarship program and must be enrolled or planning to enrol in a recognized Portuguese institution.

  1. Usage

The Camões Institute Scholarship can cover various costs of studying in Portugal, including tuition fees, accommodation, and living expenses. This provides an excellent opportunity for Indian students to immerse themselves in Portuguese culture and education.

4. Gulbenkian Foundation Scholarship

The Gulbenkian Foundation Scholarship is a prestigious program that supports Indian students who wish to pursue advanced studies in Portugal. 

The scholarship aims to foster academic excellence, cultural exchange, and the development of young professionals in various fields.

  1. Scholarship Amount and Type

The Gulbenkian Foundation Scholarship supports Indian students pursuing advanced studies in Portugal. It covers various academic activities, including master’s and doctoral studies, research projects, and professional training. Scholarship amounts vary but can range up to EUR 15k (INR 12L) annually.

  1. Eligibility Criteria

Open to Indian students who wish to pursue advanced studies in Portugal, applicants must demonstrate academic excellence and a solid motivation to study in Portugal. Candidates should have a relevant undergraduate or graduate degree and must be enrolled or planning to enrol in a recognised Portuguese institution.

  1. Usage

The Gulbenkian Foundation Scholarship can cover various costs of studying in Portugal, including tuition fees, accommodation, travel, and living expenses. This provides an excellent opportunity for Indian students to enhance their academic and professional profiles.

5. Santander Universities Scholarship

The Santander Universities Scholarship is a prestigious program that supports Indian students who wish to pursue higher education in Portugal. 

The scholarship aims to promote academic excellence, cultural exchange, and the development of global competencies among students.

  1. Scholarship Amount and Type

The Santander Universities Scholarship supports Indian students who wish to pursue higher education in Portugal. It covers various academic activities, including undergraduate and postgraduate studies, research projects, and professional training, with scholarship amounts varying but potentially reaching up to EUR 5k (INR 4L) annually.

  1. Eligibility Criteria

Applicants must demonstrate academic excellence and a solid motivation to study in Portugal. Candidates should have a relevant undergraduate or graduate degree and must be enrolled or planning to enrol in a recognized Portuguese institution.

  1. Usage

The Santander Universities Scholarship can cover various costs of studying in Portugal, including tuition fees, accommodation, travel, and living expenses. This provides an excellent opportunity for Indian students to enhance their academic and professional profiles.

Top 5 Affordable Universities in Portugal

 Dreaming of a European education without the eye-watering price tag (even with a scholarship)? Look no further! This amazing country has 101 universities and colleges, and the academic scene is flourishing and affordable. 

Here are the top 5 picks for international students on a budget, highlighting the cost of living in Portugal.

UniversityAnnual Tuition Fees (INR)
University of Évora2.1L (EUR 2.5k)
University of Algarve1.3L – 3.8 L (EUR 1.5k – 4.5k)
University of Minho72k – 5.4L (EUR 872 – 6.5k)
Polytechnic Institute of Bragança1.1L (EUR 1.3k)
Lusófona University of Porto57k – 67k (EUR 674 – 782)

How to Reduce the Cost of Living in Portugal for Indian Students?

Many Indians choose to study in Portugal due to its culture, food, and familiarity. Plus, let’s face it — it is often a more affordable option compared to other European countries. Additionally, as of 2024, Portugal’s average gross monthly salary ranges from INR 1.08 L to INR 1.7 L (EUR 1.2k to 1.8k). 

Portugal usually offers a more budget-friendly lifestyle, which adds to its allure for Indian students seeking both quality education and financial prudence. 

Let’s go through some savvy strategies for making your Portuguese adventure affordable without sacrificing this country’s fantastic experiences! 

Part-Time Work

So, you’ve secured your spot at a Portuguese university and are ready to dive headfirst into student life. But how do you make ends meet while keeping your studies on track? Simple, hustle part-time!

Among the top 10 most appealing companies in Portugal are Hovione, Nestlé, Bosch, RTP, Hotéis Real, ANA – Aeroportos de Portugal, and Banco de Portugal (BdP).

Here’s a look at some high-paying part-time jobs for managing Portugal’s living costs per month.  

High-Paying Part-Time Jobs to Reduce  Cost of Living in PortugalHourly Rate 
English Tutor800 – 1.6k (EUR 10 – 20)
Language Interpreter640 – 1.2k (EUR 8 -15)
Virtual Assistant960 – 1.6k (EUR 12 -20)
Web Developer1.6k – 3.2k (EUR 20 -40)
Graphic Designer1.2k – 2.4k (EUR 15 – 30)
Accountant1.44k – 2.4k (EUR 18 -30)
Social Media Manager960 – 2k (EUR 12 -25)
Copywriter1.2k – 2.8k (EUR 15 -35)
Online Tutor (Various Subjects)800 – 2k (EUR 10 – 25)

Student Discounts and Freebies

From discounts on museum visits to free language exchanges, Portugal offers a treasure trove of ways to stretch your student budget. Did you know some restaurants like Jardim das Cerejas offer student lunch specials for INR 760 (EUR 10)?

With that, it’s time to explore more ways to maximise your student life savings. 

Below are discounts, deals, and sweet steals you can find in Portugal.

  • Flash Your Student ID: Carry your student ID everywhere! Many museums, cinemas, theatres, and tourist attractions offer significant discounts for students.
  • Transportation on a Budget: Lisbon (Viva Viagem) and Porto (Andante) public transportation networks offer student passes with discounted fares. Biking is another budget-friendly and healthy way to explore.
  • “Menu Estudante” (Student Menu): Many restaurants offer a special “Menu Estudante” with affordable set meals to reduce the Cost of living in Portugal.
  • It’s a delicious and budget-conscious way to try Portuguese cuisine.
  • Tech Treats: Software companies and tech giants like Microsoft, Adobe, Apple, and Google often offer student discounts on laptops, software, and subscriptions. 

2. Free Stuff for the Frugal Student:

  • Free Museum Days: Many museums, like Museu Nacional do Azulejo, offer free admission or discounted evenings for students. Research and plan your visits to maximise these free cultural experiences.
  • Language Exchange Magic: Connect with native Portuguese speakers through language exchange programs and apps like HelloTalk or Tandem. Learn Portuguese and make new friends – all for free!
  • Free Outdoor Activities: Portugal boasts stunning natural beauty. Hit the beach, explore hiking trails, or picnic in a park – all free and fantastic ways to enjoy the Portuguese sunshine.

Conclusion

Studying in Portugal offers a unique blend of affordability, cultural richness, and academic excellence, making it an ideal destination for Indian students. The cost of living in Portugal is significantly lower than in many other European countries, so you can enjoy a comfortable lifestyle without going broke. 

Explore mediaeval castles and charming towns and savour a cuisine that will tantalise your taste buds. Studying abroad in Portugal is an unforgettable adventure for the mind, body, and soul. 

Say goodbye to the ordinary, and say Olá (hello) to your Portuguese adventure!

Frequently Asked Questions 

  • Q. What is the overall cost of living in Portugal for students?

    Ans. The overall cost of living in Portugal for students can range from INR 1.2L to INR 1.4L (EUR 1.3k to EUR 1.5k) per month. This includes expenses such as rent, groceries, transportation, and utilities. The cost can vary depending on the city and lifestyle choices.
    Rent: INR 30k – 70k (EUR 350 – 800)
    Groceries: INR 12k – 18k (EUR 150 – 220)
    Transportation: INR 3.8k (EUR 45.60) for a monthly pass
    Utilities: INR 6k – 10k (EUR 70 – 120)

  • Q. How much are the living expenses in Portugal compared to other European countries? 

    Ans. Living expenses in Portugal are generally lower compared to many other European countries. For instance, the cost of living in Portugal is:
    36.6% lower than in the United States
    25.3% lower than in the United Kingdom
    This affordability makes Portugal a preferred destination for international students.

  • Q. What is the cost of living in Lisbon, Portugal, for students? 

    Ans. The cost of living in Lisbon, Portugal, for students, is higher than in other Portuguese cities but still affordable compared to other European capitals. Students spend between INR 1.3L and INR 1.5L (EUR 1.5k to EUR 1.7k) per month. This includes:
    Rent: INR 48k – 70k (EUR 550 – 800)
    Groceries: INR 12k – 18k (EUR 150 – 220)
    Transportation: INR 3.8k (EUR 45.60) for a monthly pass
    Entertainment and dining out

  • Q. How much can I expect to pay for rent in Lisbon?

    Ans. Rent in Lisbon varies based on location and accommodation type:
    1 BHK apartment in the city centre: INR 70k (EUR 800) per month
    1 BHK apartment outside the city centre: INR 48k (EUR 550) per month
    Shared accommodation and student dorms can be more affordable options, reducing the overall cost of living in Lisbon, Portugal.

  • Q. What are the average living expenses in Lisbon?

    Ans. The average living expenses in Lisbon include several key areas:
    Rent: INR 48k – 70k (EUR 550 – 800)
    Groceries: INR 12k – 18k (EUR 150 – 220)
    Transportation: INR 3.8k (EUR 45.60) for a monthly pass
    Utilities: INR 6k – 10k (EUR 70 – 120)
    Entertainment and dining out: INR 8k – 12k (EUR 100 – 150)

  • Q. How much does food cost in Portugal?

    Ans. Food costs in Portugal are relatively affordable, making it easier to manage living expenses in Portugal. Here are some average prices:
    1 litre of milk: INR 77 (EUR 0.93)
    Loaf of bread: INR 114 (EUR 1.37)
    1 kilogram of apples: INR 165 (EUR 2)
    A meal at an inexpensive restaurant: INR 1k – 1.5k (EUR 10 – 15)

  • Q. What is Portugal’s living cost per month for students?

    Ans. Portugal’s living cost per month for students typically includes:
    Rent: INR 30k – 70k (EUR 350 – 800)
    Groceries: INR 12k – 18k (EUR 150 – 220)
    Transportation: INR 3.8k (EUR 45.60) for a monthly pass
    Utilities: INR 6k – 10k (EUR 70 – 120)
    Miscellaneous expenses: INR 8k – 12k (EUR 100 – 150)

  • Q. Are there student discounts available in Portugal?

    Ans. Yes, Portugal offers numerous student discounts, helping to lower the overall cost of living in Portugal. These include:
    Discounts on transportation, such as student passes in Lisbon and Porto
    Reduced entry fees for museums, theatres, and cultural events
    Special student menus at restaurants
    Discounts on software, technology, and subscriptions from companies like Microsoft, Adobe, Apple, and Google

  • Q. What are some ways to save on living expenses in Portugal?

    Ans. Students can reduce living expenses in Portugal by:
    Utilising student discounts for transportation, dining, and entertainment
    Cooking at home instead of dining out
    Sharing accommodation with other students
    Participating in free or low-cost activities, such as hiking, beach outings, and free museum days

  • Q. How does the cost of living in Lisbon compare to other cities in Portugal?

    Ans. The cost of living in Lisbon is generally higher than in other cities like Porto and Coimbra. However, Lisbon offers more amenities and opportunities. Rent and dining out costs are notably higher in Lisbon. While living in smaller towns can reduce overall expenses, Lisbon’s vibrant lifestyle and abundant opportunities attract many students.

  • Q. What are the living expenses in Lisbon for international students?

    Ans. Living expenses in Lisbon for international students typically include the following. Have a look.
    Rent: INR 48k – 70k (EUR 550 – 800) for a 1 BHK apartment
    Groceries: INR 12k – 18k (EUR 150 – 220)
    Transportation: INR 3.8k (EUR 45.60) for a monthly pass
    Utilities: INR 6k – 10k (EUR 70 – 120)
    Miscellaneous expenses: INR 8k – 12k (EUR 100 – 150)

  • Q. Is the cost of living in Portugal affordable for students?

    Ans. Yes, the cost of living in Portugal is considered affordable for students, especially compared to other European countries. Key points include:
    Lower overall living costs compared to the US, UK, and other Western European countries.Availability of student discounts and affordable public transportation. Reasonable costs for accommodation, food, and utilities

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Saket Kohli

An International Higher Ed professional with 7+ years of experience studying, working, and living across three geographies, currently on a mission to share his journey as an International Student.

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