Municipality · Madeira

Ribeira Brava: Cost of living in Ribeira Brava

The year's bill · Single person · Buy€4,242€353 a monthSeveral sources: each line’s source in “The year’s costs” ↓
28%of the local median salary
Home price1,429 €/m²
Median salary€1,073/month
The year's bill · Couple · Buy€5,587€466 a monthSeveral sources: each line’s source in “The year’s costs” ↓
18%of 2 local median salaries
Home price1,429 €/m²
Median salary€1,073/month
The year's bill · Family with 2 children · Buy€8,146€679 a monthSeveral sources: each line’s source in “The year’s costs” ↓
25%of 2 local median salaries
Home price1,429 €/m²
Median salary€1,073/month
The year's bill · Single person · Rentno data
no dataof the local median salary
Rentno data
Median salary€1,073/month
The year's bill · Couple · Rentno data
no dataof 2 local median salaries
Rentno data
Median salary€1,073/month
The year's bill · Family with 2 children · Rentno data
no dataof 2 local median salaries
Rentno data
Median salary€1,073/month

Home

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

Median sale price (€/m²)€ per m², last 12 months
1,429 €/m²
182 of 3041 of 11 in MadeiraSee in the ranking
+54%from 926 to 1,429 €/m²
73 of 2901 of 10 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
€172€209€266
Electricity
€377€455€1,180
Gas
no datano datano data
Income tax refunded by the municipalityThe municipality keeps the full 5%: nothing comes back
€0€0€0
210 of 29611 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
€1,073/month
146 of 3086 of 11 in MadeiraSee in the ranking
Average salary (gross)Average monthly earnings, by place of work
€1,203/month
209 of 3087 of 11 in MadeiraSee in the ranking
70.5
246 of 3085 of 11 in MadeiraSee in the ranking
Average commuteOne way to work or school
20 min
248 of 30810 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
10.8 kmHospital Dr. Nélio Mendonça (Funchal) · · 100% of residents within 15 km
139 of 3089 of 11 in MadeiraSee in the ranking
PharmaciesPer 1,000 people
0.20 per 1,000 people
225 of 3085 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
25.0 per 1,000 people
106 of 3067 of 11 in MadeiraSee in the ranking
Ageing indexOlder people per 100 young (lower = younger)
193 older people per 100 young
99 of 3084 of 11 in MadeiraSee in the ranking
Burnt land over 10 yearsShare of the land that burnt at least once
67% of the landarea booked to the municipality where the fire started (INE)
298 of 30811 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€85,740€114,320€157,190
Mortgage payments€3,564€4,752€6,533
1€129€171€166
Water, sewage and waste€172€209€266
Electricity€377€455€1,180
Gasno datano datano data
Income tax refunded by the municipality€0€0€0
Total per year€4,242€5,587€8,146
Housing effort rate228%18%25%
Monthly payment€297€396€544
On the day you buy€9,723€12,964€18,310
Rent
Single personSingleCoupleCoupleFamily with 2 childrenFamily
Rentno datano datano data
Water, sewage and waste€172€209€266
Electricity€377€455€1,180
Gasno datano datano data
Income tax refunded by the municipality€0€0€0
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.

Compare with neighbouring municipalities

Ribeira Brava in the rankings

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

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