Madeira

Câmara de Lobos vs Machico: cost of living compared

versus

Yearly saving in Machico

€998/year

For a single person buying a home, Machico works out cheaper. A home in Machico costs €23,640 less.

You will

BuyRent

Household

SingleCoupleFamily

Transport

NonePassCar

Home size (m²)

60 m²

More adjustments

Water use (m³/month)DependantsIncome tax paid per year (€)Household gross monthly income (€)Home price (€)Taxable property value, VPT (€)Down payment (%)Term (years)Interest rate (%)I'm 35 or under and it's my first home (IMT Jovem)

Câmara de LobosMachico

Estimated home price · 60 m²€147,840Δ €23,640€124,200

On the day you buy

Down payment€14,784€12,420

Transfer tax (IMT)€298€0

Stamp duty · purchase€1,183€994

Stamp duty · loan€798€671

Total upfront€17,063€14,084

Monthly payment€512€430

Mortgage payments35 years at 3.00% · 90% financed

€6,145€5,162

€983less in Machico

Property tax (IMI)¹VPT estimated at 50% of price

€222€186

€36less in Machico

Water, sewage and wasteOfficial tariffs · 4 m³/month

€172€172

same in both

ElectricityERSE regulated tariff · 1,469 kWh/year

€377€377

same in both

GasNatural gas, regulated tariff

no data

Income tax refunded by the municipalityCâmara de Lobos gives back 2%, Machico gives back 1%

€40€20

€20less in Câmara de Lobos

Total per yearItems with data for both

€6,876€5,878

€998less in Machico

¹ Property tax estimated using a taxable value (VPT) of 50% of market price. Enter the VPT from your property record for an exact figure.

Average rate on new housing loans: 3.00% (August 2026, Banco de Portugal).

Source: Portal das Finanças, taxas de IMI por município · 2025 · Source: Portal das Finanças, participação dos municípios no IRS · 2026 · Source: INE · 2nd quarter of 2026 · Energy: ERSE, October 2026

Beyond the cost

Mortgage payment ÷ 1 × local median gross salary

49%40%

9%better in Machico

House price rise over 5 yearsMedian sale price (€/m²), over 5 years

+118%+112%

6 pointsrose more in Câmara de Lobos

Crime rateRecorded crimes per 1 000 residents

30.1/100023.3/1000

6.8/1000better in Machico

Average commuteOne way to work or school

21 min19 min

2 minbetter in Machico

Average salary (gross)Average monthly earnings, by place of work

€1,234/month€1,342/month

€108/monthbetter in Machico

Median salary (gross)Half of workers earn less than this, by place of work

€1,050/month€1,082/month

€32/monthbetter in Machico

Purchasing power (Portugal = 100)Per-capita index

66.682.8

16.2better in Machico

PharmaciesPer 1,000 people

0.20/10000.20/1000

same in both

Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department

5.9 km2.5 km

3.4 kmbetter in Machico

CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)

no data

Crèche placesTotal crèche places (excluding childminders)

no data

Not-for-profit crèchesShare of places in public, IPSS and misericórdia crèches, free under Creche Feliz

no data

Ageing indexOlder people per 100 young (lower = younger)

122222

100better in Câmara de Lobos

Burnt land over 10 yearsShare of the land that burnt at least once in 10 years

37%0.4%

37%better in Machico

Not part of the euro total. Crime: recorded crimes per 1 000 residents (2025). Commute: average one-way trip to work or school (2021).

Câmara de Lobos and Machico in the rankings

See where Câmara de Lobos and Machico rank on each indicator: home prices, salaries, emergency care, crèches…

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Better valueMachico

Câmara de Lobos → Machico →