Santarém

Ourém vs Torres Novas: cost of living compared

versus

Yearly saving in Torres Novas

€657/year

For a single person buying a home, Torres Novas works out cheaper. A home in Torres Novas costs €12,600 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)

OurémTorres Novas

Estimated home price · 60 m²€84,660Δ €12,600€72,060

On the day you buy

Down payment€8,466€7,206

Transfer tax (IMT)€0€0

Stamp duty · purchase€677€576

Stamp duty · loan€457€389

Total upfront€9,600€8,172

Monthly payment€293€250

Mortgage payments35 years at 3.00% · 90% financed

€3,519€2,995

€524less in Torres Novas

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

€138€123

€15less in Torres Novas

Water, sewage and wasteOfficial tariffs · 4 m³/month

€284€185

€99less in Torres Novas

ElectricityERSE regulated tariff · 1,469 kWh/year

€380€380

same in both

GasNatural gas, regulated tariff

€209€210

€1less in Ourém

Income tax refunded by the municipalityOurém keeps the 5%, Torres Novas gives back 1%

€0€20

€20less in Torres Novas

Total per yearItems with data for both

€4,529€3,872

€657less in Torres Novas

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%22%

4%better in Torres Novas

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

+80%+86%

6 pointsrose more in Torres Novas

Crime rateRecorded crimes per 1 000 residents

26.7/100027.9/1000

1.2/1000better in Ourém

Average commuteOne way to work or school

17 min18 min

1 minbetter in Ourém

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

€1,357/month€1,396/month

€39/monthbetter in Torres Novas

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

€1,138/month€1,132/month

€6/monthbetter in Ourém

Purchasing power (Portugal = 100)Per-capita index

87.696.9

9.3better in Torres Novas

PharmaciesPer 1,000 people

0.40/10000.30/1000

0.10/1000better in Ourém

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

15.9 km4.4 km

11.5 kmbetter in Torres Novas

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

70/10062/100

8/100better in Ourém

Crèche placesTotal crèche places (excluding childminders)

685431

254better in Ourém

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

100%100%

same in both

Ageing indexOlder people per 100 young (lower = younger)

194237

43better in Ourém

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

19%0.3%

19%better in Torres Novas

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

Ourém and Torres Novas in the rankings

See where Ourém and Torres Novas rank on each indicator: home prices, salaries, emergency care, crèches…

Choose the indicator →

Better valueTorres Novas

Ourém → Torres Novas →