Nordeste vs Ribeira Grande: cost of living compared
versus
Yearly saving in Nordeste
€942/year
For a single person buying a home, Nordeste works out cheaper. A home in Nordeste costs €23,820 less.
You will
Household
Transport
60 m²
More adjustments
NordesteRibeira Grande
Estimated home price · 60 m²€76,740Δ €23,820€100,560
On the day you buy
Down payment€7,674€10,056
Transfer tax (IMT)€0€0
Stamp duty · purchase€614€804
Stamp duty · loan€414€543
Total upfront€8,702€11,404
Monthly payment€266€348
Mortgage payments35 years at 3.00% · 90% financed
€3,190€4,180
€990less in Nordeste
Property tax (IMI)1VPT estimated at 50% of price
€163€151
€12less in Ribeira Grande
Water, sewage and wasteOfficial tariffs · 4 m³/month
€122€156
€34less in Nordeste
ElectricityERSE regulated tariff · 1,469 kWh/year
€377€377
same in both
GasNo network: butane bottles
€235€235
same in both
Income tax refunded by the municipalityNordeste keeps the 5%, Ribeira Grande gives back 3.5%
€0€70
€70less in Ribeira Grande
Total per yearItems with data for both
€4,087€5,029
€942less in Nordeste
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
26%32%
6%better in Nordeste
House price rise over 5 yearsMedian sale price (€/m²), over 5 years
+137%+121%
16 pointsrose more in Nordeste
Crime rateRecorded crimes per 1 000 residents
18.6/100047.5/1000
28.9/1000better in Nordeste
Average commuteOne way to work or school
16 min16 min
same in both
Average salary (gross)Average monthly earnings, by place of work
€1,115/month€1,256/month
€141/monthbetter in Ribeira Grande
Median salary (gross)Half of workers earn less than this, by place of work
€1,031/month€1,075/month
€44/monthbetter in Ribeira Grande
Purchasing power (Portugal = 100)Per-capita index
66.076.0
10.0better in Ribeira Grande
PharmaciesPer 1,000 people
0.50/10000.20/1000
0.30/1000better in Nordeste
Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
12.0 km13.2 km
1.2 kmbetter in Nordeste
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
