Municipality · Madeira

Porto Moniz: Cost of living in Porto Moniz

The year's bill · Single person · Buy€3,975€331 a monthSeveral sources: each line’s source in “The year’s costs” ↓
31%of the local median salary
Home price1,431 €/m²
Median salary€967/month
The year's bill · Couple · Buy€5,135€428 a monthSeveral sources: each line’s source in “The year’s costs” ↓
21%of 2 local median salaries
Home price1,431 €/m²
Median salary€967/month
The year's bill · Family with 2 children · Buy€7,589€632 a monthSeveral sources: each line’s source in “The year’s costs” ↓
28%of 2 local median salaries
Home price1,431 €/m²
Median salary€967/month
The year's bill · Single person · Rentno data
no dataof the local median salary
Rentno data
Median salary€967/month
The year's bill · Couple · Rentno data
no dataof 2 local median salaries
Rentno data
Median salary€967/month
The year's bill · Family with 2 children · Rentno data
no dataof 2 local median salaries
Rentno data
Median salary€967/month

Home

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

Median sale price (€/m²)€ per m², last 12 months
1,431 €/m²
183 of 3042 of 11 in MadeiraSee in the ranking
Median rent (€/m² per month)€ per m² a month, new contracts
no data
Property tax rate (IMI)On the taxable property value
0.30%
1 of 3001 of 10 in MadeiraSee 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
no datano datano data
Electricity
€377€455€1,180
Gas
no datano datano data
Income tax refunded by the municipalityThe municipality gives back the full 5% it is entitled to
€100€250€300
1 of 2961 of 11 in MadeiraSee 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
€967/month
301 of 30811 of 11 in MadeiraSee in the ranking
Average salary (gross)Average monthly earnings, by place of work
€1,057/month
306 of 30811 of 11 in MadeiraSee in the ranking
61.8
308 of 30811 of 11 in MadeiraSee in the ranking
Average commuteOne way to work or school
16 min
81 of 3082 of 11 in MadeiraSee 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
12.5 kmCentro de Saúde da Calheta — Serviço de Atendimento Urgente (24h) (Calheta) · · 96% of residents within 15 km
163 of 30811 of 11 in MadeiraSee in the ranking
PharmaciesPer 1,000 people
0.40 per 1,000 people
83 of 3083 of 11 in MadeiraSee in the ranking
CrèchesPublic, non-profit (IPSS) and private crèches and childminders, children under 3 (above 100: more places than children)
no data
Crèche placesMadeira: public crèche free only for the lowest income bands (regional scheme, outside Creche Feliz).
no data

How we calculate each figure: Methodology →

Safety and population

Recorded crime, the population's age and wildfires.

Crime rateRecorded crimes per 1 000 residents
25.7 per 1,000 people
120 of 3068 of 11 in MadeiraSee in the ranking
Ageing indexOlder people per 100 young (lower = younger)
311 older people per 100 young
233 of 30811 of 11 in MadeiraSee in the ranking
Burnt land over 10 yearsShare of the land that burnt at least once
23% of the landarea booked to the municipality where the fire started (INE)
226 of 3086 of 11 in MadeiraSee 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€85,860€114,480€157,410
Mortgage payments€3,569€4,758€6,543
1€129€172€166
Water, sewage and wasteno datano datano data
Electricity€377€455€1,180
Gasno datano datano data
Income tax refunded by the municipality-€100-€250-€300
Total per year€3,975€5,135€7,589
Housing effort rate231%21%28%
Monthly payment€297€397€545
On the day you buy€9,737€12,982€18,340
Rent
Single personSingleCoupleCoupleFamily with 2 childrenFamily
Rentno datano datano data
Water, sewage and wasteno datano datano data
Electricity€377€455€1,180
Gasno datano datano data
Income tax refunded by the municipality-€100-€250-€300
Total per yearno datano datano data
Housing effort rate2no datano datano data

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.

Water, sewage and waste: no data.

Compare with neighbouring municipalities

Porto Moniz in the rankings

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

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