Marco de Canaveses vs Penafiel: cost of living compared
versus
Yearly saving in Marco de Canaveses
€522/year
For a single person buying a home, Marco de Canaveses works out cheaper. A home in Marco de Canaveses costs €9,000 less.
You will
Household
Transport
60 m²
More adjustments
Marco de CanavesesPenafiel
Estimated home price · 60 m²€82,200Δ €9,000€91,200
On the day you buy
Down payment€8,220€9,120
Transfer tax (IMT)€0€0
Stamp duty · purchase€658€730
Stamp duty · loan€444€492
Total upfront€9,321€10,342
Monthly payment€285€316
Mortgage payments35 years at 3.00% · 90% financed
€3,417€3,791
€374less in Marco de Canaveses
Property tax (IMI)1VPT estimated at 50% of price
€123€137
€14less in Marco de Canaveses
Water, sewage and wasteOfficial tariffs · 4 m³/month
€203€287
€84less in Marco de Canaveses
ElectricityERSE regulated tariff · 1,469 kWh/year
€380€380
same in both
GasNatural gas, regulated tariff
€209€220
€11less in Marco de Canaveses
Income tax refunded by the municipalityMarco de Canaveses gives back 2%, Penafiel keeps the 5%
€40€0
€40less in Marco de Canaveses
Total per yearItems with data for both
€4,292€4,814
€522less in Marco de Canaveses
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
27%29%
2%better in Marco de Canaveses
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+83%+80%
3 pointsrose more in Marco de Canaveses
Crime rateRecorded crimes per 1 000 residents
23.1/100021.0/1000
2.1/1000better in Penafiel
Average commuteOne way to work or school
22 min22 min
same in both
Average salary (gross)Average monthly earnings, by place of work
€1,183/month€1,328/month
€145/monthbetter in Penafiel
Median salary (gross)Half of workers earn less than this, by place of work
€1,058/month€1,073/month
€15/monthbetter in Penafiel
Purchasing power (Portugal = 100)Per-capita index
75.480.8
5.4better in Penafiel
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
11.1 km6.1 km
5.0 kmbetter in Penafiel
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
