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Miranda do Corvo vs Penela: cost of living compared

versus
Yearly saving in Miranda do Corvo
€267/year

For a single person buying a home, Miranda do Corvo works out cheaper. A home in Miranda do Corvo costs €1,260 less.

You will
Household
Transport
60 m²
More adjustments
Miranda do CorvoPenela
Estimated home price · 60 m²€45,600Δ €1,260€46,860
On the day you buy
Down payment€4,560€4,686
Transfer tax (IMT)€0€0
Stamp duty · purchase€365€375
Stamp duty · loan€246€253
Total upfront€5,171€5,314
Monthly payment€158€162
Mortgage payments35 years at 3.00% · 90% financed
€53less in Miranda do Corvo
Property tax (IMI)1VPT estimated at 50% of price
€20less in Miranda do Corvo
Water, sewage and wasteOfficial tariffs · 4 m³/month
€24less in Miranda do Corvo
ElectricityERSE regulated tariff · 1,469 kWh/year
same in both
GasMiranda do Corvo: network · Penela: bottle
€151less in Miranda do Corvo
Income tax refunded by the municipalityMiranda do Corvo gives back 1%, Penela keeps the 5%
€20less in Miranda do Corvo
Total per yearItems with data for both
€267less in Miranda do Corvo

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
1%better in Penela
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
6 pointsrose more in Miranda do Corvo
Crime rateRecorded crimes per 1 000 residents
1.2/1000better in Miranda do Corvo
Average commuteOne way to work or school
4 minbetter in Penela
Average salary (gross)Average monthly earnings, by place of work
€105/monthbetter in Penela
Median salary (gross)Half of workers earn less than this, by place of work
€90/monthbetter in Penela
Purchasing power (Portugal = 100)Per-capita index
1.7better in Penela
PharmaciesPer 1,000 people
0.10/1000better in Penela
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
7.4 kmbetter in Miranda do Corvo
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
18/100better in Penela
Crèche placesTotal crèche places (excluding childminders)
31better in Miranda do Corvo
Not-for-profit crèchesShare of places in public, IPSS and misericórdia crèches, free under Creche Feliz
same in both
Ageing indexOlder people per 100 young (lower = younger)
30better in Miranda do Corvo
Burnt land over 10 yearsShare of the land that burnt at least once in 10 years
3.0%better in Miranda do Corvo

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

Miranda do Corvo and Penela in the rankings

See where Miranda do Corvo and Penela rank on each indicator: home prices, salaries, emergency care, crèches…

Choose the indicator →
Better valueMiranda do Corvo

Miranda do Corvo → Penela →