assentar
PTEN

Madeira

Funchal vs Ribeira Brava: cost of living compared

versus
Yearly saving in Ribeira Brava
€5,298/year

For a single person buying a home, Ribeira Brava works out cheaper. A home in Ribeira Brava costs €126,540 less.

You will
Household
Transport
60 m²
More adjustments
FunchalRibeira Brava
Estimated home price · 60 m²€212,280Δ €126,540€85,740
On the day you buy
Down payment€21,228€8,574
Transfer tax (IMT)€2,500€0
Stamp duty · purchase€1,698€686
Stamp duty · loan€1,146€463
Total upfront€26,573€9,723
Monthly payment€735€297
Mortgage payments35 years at 3.00% · 90% financed
€5,259less in Ribeira Brava
Property tax (IMI)1VPT estimated at 50% of price
€189less in Ribeira Brava
Water, sewage and wasteOfficial tariffs · 4 m³/month
€51less in Funchal
ElectricityERSE regulated tariff · 1,469 kWh/year
same in both
GasNatural gas, regulated tariff
no data
Income tax refunded by the municipalityFunchal gives back the 5%, Ribeira Brava keeps the 5%
€100less in Funchal
Total per yearItems with data for both
€5,298less in Ribeira Brava

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
37%better in Ribeira Brava
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
59 pointsrose more in Funchal
Crime rateRecorded crimes per 1 000 residents
3.2/1000better in Ribeira Brava
Average commuteOne way to work or school
3 minbetter in Funchal
Average salary (gross)Average monthly earnings, by place of work
€262/monthbetter in Funchal
Median salary (gross)Half of workers earn less than this, by place of work
€65/monthbetter in Funchal
Purchasing power (Portugal = 100)Per-capita index
38.6better in Funchal
PharmaciesPer 1,000 people
same in both
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
8.6 kmbetter in Funchal
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)
20better in Ribeira Brava
Burnt land over 10 yearsShare of the land that burnt at least once in 10 years
42%better in Funchal

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

Funchal and Ribeira Brava in the rankings

See where Funchal and Ribeira Brava rank on each indicator: home prices, salaries, emergency care, crèches…

Choose the indicator →
Better valueRibeira Brava

Funchal → Ribeira Brava →