Municipality · Faro

Albufeira: Cost of living in Albufeira

The year's bill · Single person · Buy€9,830€819 a monthSeveral sources: each line’s source in “The year’s costs” ↓
67%of the local median salary
Home price3,490 €/m²
Median salary€1,084/month
The year's bill · Couple · Buy€12,821€1,068 a monthSeveral sources: each line’s source in “The year’s costs” ↓
45%of 2 local median salaries
Home price3,490 €/m²
Median salary€1,084/month
The year's bill · Family with 2 children · Buy€18,417€1,535 a monthSeveral sources: each line’s source in “The year’s costs” ↓
61%of 2 local median salaries
Home price3,490 €/m²
Median salary€1,084/month
The year's bill · Single person · Rent€9,610€801 a monthSeveral sources: each line’s source in “The year’s costs” ↓
68%of the local median salary
Rent12.22 €/m²
Median salary€1,084/month
The year's bill · Couple · Rent€12,529€1,044 a monthSeveral sources: each line’s source in “The year’s costs” ↓
45%of 2 local median salaries
Rent12.22 €/m²
Median salary€1,084/month
The year's bill · Family with 2 children · Rent€18,085€1,507 a monthSeveral sources: each line’s source in “The year’s costs” ↓
62%of 2 local median salaries
Rent12.22 €/m²
Median salary€1,084/month

Home

What it costs to buy or rent, and the yearly property tax.

Median sale price (€/m²)€ per m², last 12 months
3,490 €/m²
296 of 30414 of 16 in Faro districtSee in the ranking
+67%from 2,090 to 3,490 €/m²
107 of 2902 of 16 in Faro districtSee in the ranking
Median rent (€/m² per month)€ per m² a month, new contracts
12.22 €/m²
239 of 25113 of 15 in Faro districtSee in the ranking
Property tax rate (IMI)On the taxable property value
0.30%
1 of 3001 of 15 in Faro districtSee in the ranking
IMI FamiliarProperty tax discount on your own home, by dependants
Yes−€30 with 1 dependant, −€70 with 2, −€140 with 3 or more

How we calculate each figure: Methodology →

Bills and taxes

What you pay every year, for the chosen household.

Water, sewage and waste
€172€230€312
Electricity
€380€459€1,188
Gas
€360€360€755
Income tax refunded by the municipalityThe municipality gives back the full 5% it is entitled to
€100€250€300
1 of 2961 of 15 in Faro districtSee in the ranking

How we calculate each figure: Methodology →

Work and income

What people earn here, and how long it takes to get to work.

Median salary (gross)Half of workers earn less than this, by place of work
€1,084/month
130 of 3085 of 16 in Faro districtSee in the ranking
Average salary (gross)Average monthly earnings, by place of work
€1,277/month
139 of 3085 of 16 in Faro districtSee in the ranking
104.1
20 of 3083 of 16 in Faro districtSee in the ranking
Average commuteOne way to work or school
15 min
58 of 3086 of 16 in Faro districtSee in the ranking

How we calculate each figure: Methodology →

Health and family

Emergency care, crèches and pharmacies.

Nearest emergency departmentAverage straight-line distance from where residents live to the nearest hospital emergency department
3.6 kmServiço de Urgência Básica de Albufeira · · 100% of residents within 15 km
27 of 3085 of 16 in Faro districtSee in the ranking
PharmaciesPer 1,000 people
0.10 per 1,000 people
304 of 30816 of 16 in Faro districtSee in the ranking
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
51 places per 100 children
209 of 27813 of 16 in Faro districtSee in the ranking
Crèche placesCreche Feliz: free up to age 3 in public crèches and those with a state agreement; in adhering private ones, only if there is no agreement place near home or work.
784
595 places in public or not-for-profit crèches, 189 in private ones

How we calculate each figure: Methodology →

Safety and population

Recorded crime, the population's age and wildfires.

Crime rateRecorded crimes per 1 000 residents
66.3 per 1,000 people
306 of 30616 of 16 in Faro districtSee in the ranking
Ageing indexOlder people per 100 young (lower = younger)
135 older people per 100 young
16 of 3081 of 16 in Faro districtSee in the ranking
Burnt land over 10 yearsShare of the land that burnt at least once
0.1% of the land
27 of 3083 of 16 in Faro districtSee in the ranking

How we calculate each figure: Methodology →

The year's costs

Everything in the year's bill, for the three households. The chosen one is highlighted.

Buy
Single personSingleCoupleCoupleFamily with 2 childrenFamily
Estimated home price€209,400€279,200€383,900
Mortgage payments€8,703€11,605€15,956
1€314€419€506
Water, sewage and waste€172€230€312
Electricity€380€459€1,188
Gas€360€360€755
Income tax refunded by the municipality-€100-€250-€300
Total per year€9,830€12,821€18,417
Housing effort rate267%45%61%
Monthly payment€725€967€1,330
On the day you buy€27,946€40,747€60,483
Rent
Single personSingleCoupleCoupleFamily with 2 childrenFamily
Rent€8,798€11,731€16,130
Water, sewage and waste€172€230€312
Electricity€380€459€1,188
Gas€360€360€755
Income tax refunded by the municipality-€100-€250-€300
Total per year€9,610€12,529€18,085
Housing effort rate268%45%62%

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.

2 Effort rate on the local median gross salary (half of workers earn less), × 1 salary for a single person and × 2 for a couple or family.

Fuel: average of 19 stations, DGEG · 26 October 2026

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Albufeira in the rankings

See where Albufeira ranks on each indicator: home prices, salaries, emergency care, crèches…

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