Aveiro vs Faro on €60,000: take-home pay, rent and cost of living in 2026

On a gross salary of €60,000 a year, a single employee takes home €3,190 a month in Aveiro (64% of gross) and €3,190 a month in Faro (64%), after income tax and social security contributions.

Faro is 4% more expensive than Aveiro overall (cost-of-living index 37.5 vs 36.2, New York = 100). A one-bedroom flat in the city centre rents for about €906 a month in Faro and €888 in Aveiro, which leaves €2,283 and €2,301 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €2,809 a month in Faro — this salary leaves €381 a month on top.

By category, groceries cost 4% less in Faro than in Aveiro, eating out 0% more and rent 8% more.

Of the gross salary, income tax takes €15,125 a year in Aveiro and €15,125 in Faro; social contributions and other levies take €6,600 and €6,600.

Moving from abroad? Under IFICI, take-home pay in Faro would be €3,560 a month — see who qualifies.

Aveiro Faro
Gross salary per year€60,000€60,000
Income tax per year€15,125€15,125
Social contributions per year€6,600€6,600
Take-home pay per month€3,190€3,190
One-bedroom rent, city centre€888€906
Left after rent€2,301€2,283
Cost-of-living index (New York = 100)36.237.5

How each figure is taxed: Portugal tax calculator and Portugal tax calculator. Single employee without children; rent and price data from Numbeo, refreshed monthly.

Questions about Aveiro vs Faro

Is Faro, Portugal more expensive than Aveiro, Portugal?

Faro, Portugal is 4% more expensive than Aveiro, Portugal overall. On a gross salary of €60,000 a year, you take home €3,190 a month in Aveiro, Portugal and €3,190 a month in Faro, Portugal after income tax and social contributions.

How much can I save living in Faro, Portugal vs Aveiro, Portugal?

Keeping the same standard of living as in Aveiro, Portugal, you could save about €381 a month (€4,573 a year) in Faro, Portugal on this salary, after rent and living costs.

What taxes will I pay in Portugal vs Portugal?

On €60,000 gross a year you take home €3,190 a month in Portugal and €3,190 a month in Portugal. The calculation applies each country's 2026 income tax and social security rules for a single employee.