Faro

Olhão vs Tavira: cost of living compared

versus

Yearly saving in Olhão

€1,380/year

For a single person buying a home, Olhão works out cheaper. A home in Olhão costs €30,660 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)

OlhãoTavira

Estimated home price · 60 m²€166,260Δ €30,660€196,920

On the day you buy

Down payment€16,626€19,692

Transfer tax (IMT)€1,822€3,355

Stamp duty · purchase€1,330€1,575

Stamp duty · loan€898€1,063

Total upfront€20,676€25,686

Monthly payment€576€682

Mortgage payments35 years at 3.00% · 90% financed

€6,910€8,185

€1,275less in Olhão

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

€308€295

€13less in Tavira

Water, sewage and wasteOfficial tariffs · 4 m³/month

€279€276

€3less in Tavira

ElectricityERSE regulated tariff · 1,469 kWh/year

€380€380

same in both

GasOlhão: network · Tavira: bottle

€209€360

€151less in Olhão

Income tax refunded by the municipalityOlhão gives back 1%, Tavira gives back 2.5%

€20€50

€30less in Tavira

Total per yearItems with data for both

€8,066€9,446

€1,380less in Olhão

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

55%66%

11%better in Olhão

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

+88%+60%

28 pointsrose more in Olhão

Crime rateRecorded crimes per 1 000 residents

40.3/100035.0/1000

5.3/1000better in Tavira

Average commuteOne way to work or school

16 min16 min

same in both

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

€1,250/month€1,204/month

€46/monthbetter in Olhão

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

€1,052/month€1,038/month

€14/monthbetter in Olhão

Purchasing power (Portugal = 100)Per-capita index

84.992.5

7.6better in Tavira

PharmaciesPer 1,000 people

0.20/10000.30/1000

0.10/1000better in Tavira

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

9.4 km20.9 km

11.5 kmbetter in Olhão

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

52/10090/100

38/100better in Tavira

Crèche placesTotal crèche places (excluding childminders)

588521

67better in Olhão

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

88%100%

12%better in Tavira

Ageing indexOlder people per 100 young (lower = younger)

167273

106better in Olhão

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

0.1%5.0%

4.9%better in Olhão

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

Olhão and Tavira in the rankings

See where Olhão and Tavira rank on each indicator: home prices, salaries, emergency care, crèches…

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Better valueOlhão

Olhão → Tavira →