Cost of Living in Faro vs Malaga

Cost of living in Faro is 11% lower than in Malaga (without rent).

Rent in Faro is 31% cheaper than in Malaga.

Cost of living including rent in Faro is 23% lower than in Malaga.

Food in Faro is 13% cheaper than in Malaga.

Transport in Faro is 31% cheaper than in Malaga.

Faro vs. Malaga Comparision

Faro Malaga
Cost of Living, including rent
1,163 $
1,519 $
Without Rent
515 $
579 $
Rent & Utilities
648 $
941 $
Food
333 $
384 $
Transport
58 $
85 $
Monthly Salary, after tax
1,478 $
1,781 $
Quality of Life
58
78
Population
64.6K
586.0K

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Faro Malaga

Restaurants

Lunch menu,
inexpensive restaurant
8.38 $ 13.2 $
Dinner, for 2 30.7 $ 55.4 $
Fast food, McDonalds or KFC 8.94 $ 8.85 $
Beer, 0.5 L or 16 fl oz 2.15 $ 3.1 $
Capuccino 3.11 $ 2.03 $
Coke, 330ml 1.87 $ 2.06 $

Markets

Milk, 1 L or 1 qt 1 $ 1.15 $
Bread, 0.5 kg or 1 lb 1.06 $ 1.17 $
Rice, 1 kg or 2 lb 1.05 $ 1.48 $
Eggs, 12 pack 3.97 $ 2.57 $
Cheese, 1 kg or 2 lb 12 $ 12.7 $
Chicken Breast, 1 kg or 2 lb 7.4 $ 6.94 $
Round Steak, 1 kg or 2 lb 13 $ 11.6 $
Apples, 1 kg or 2 lb 1.87 $ 2.12 $
Banana, 1 kg or 2 lb 1.28 $ 1.85 $
Oranges, 1 kg or 2 lb 1.33 $ 1.6 $
Potatoes, 1 kg or 2 lb 1.21 $ 1.63 $
Onions, 1 kg or 2 lb 2.07 $ 1.7 $
Water, 1 L or 1 qt 0.65 $ 0.54 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.25 $ 2.08 $
Wine, 750 mL bottle 5.76 $ 5.25 $
Beer, 0.5 L or 16 fl oz 1.23 $ 1.24 $
Cigarette pack 5.84 $ 6.13 $

Transport

Local transport ticket, One-way Ticket 3.07 $ 1.56 $
Monthly pass, Monthly Ticket 37.9 $ 28.2 $
Gas or petrol, 1 L or 0.26 gal 2.13 $ 1.76 $
Taxi, 8 km 18.9 $ 13.4 $

Personal Care

Doctor visit, private clinic 79.6 $ 49.5 $
Cold medicine, for 1 week 4.93 $ 5.91 $
Hair shampoo, 400 ml or 12 oz 5.31 $ 3.2 $
Toilet paper, 4 rolls 1.52 $ 2.55 $
Toothpaste, 1 tube 1.84 $ 2.43 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
64.5 $ 91.1 $
Utility bill - family,
electricity, heating, water & garbage
98.9 $ 138 $
Internet plan,
+60 Mbps
30.8 $ 30.1 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 513 $ 761 $
3 Bedroom Apartment, outside of center, 85 sq.m 662 $ 1,402 $
1 Bedroom Apartment, in city center, 40 sq.m 713 $ 1,055 $
3 Bedroom Apartment, in city center, 85 sq.m 930 $ 1,968 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,588 $ 6,321 $
Price per Square Meter to Buy House, in suburbs 2,834 $ 2,750 $

Salaries and Financing

Average Monthly Net Salary, after tax 1,478 $ 1,781 $
Mortgage Interest Rate, for 20 years fixed-rate 5.23 % 3.57 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 34.5 $ 41.6 $
Cinema, 1 seat 7.5 $ 8.89 $
Haircut 11.9 $ 12.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 74.4 $ 92.5 $
Brand Jeans, Levis 501 92.6 $ 61.4 $

Childcare

Preschool, full day, monthly for 1 child 462 $ 401 $
International Primary School, yearly for 1 child 12,088 $ 14,939 $