Coimbra vs Faro on €40,000: take-home pay, rent and cost of living in 2026
On a gross salary of €40,000 a year, a single employee takes home €2,308 a month in Coimbra (69% of gross) and €2,308 a month in Faro (69%), after income tax and social security contributions.
Faro is 5% more expensive than Coimbra overall (cost-of-living index 37.5 vs 35.6, New York = 100). A one-bedroom flat in the city centre rents for about €906 a month in Faro and €772 in Coimbra, which leaves €1,402 and €1,537 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €2,067 a month in Faro — this salary leaves €242 a month on top.
By category, groceries cost 2% less in Faro than in Coimbra, eating out 0% more and rent 27% more.
Of the gross salary, income tax takes €7,899 a year in Coimbra and €7,899 in Faro; social contributions and other levies take €4,400 and €4,400.
Moving from abroad? Under IFICI, take-home pay in Faro would be €2,376 a month — see who qualifies.
| Coimbra | Faro | |
|---|---|---|
| Gross salary per year | €40,000 | €40,000 |
| Income tax per year | €7,899 | €7,899 |
| Social contributions per year | €4,400 | €4,400 |
| Take-home pay per month | €2,308 | €2,308 |
| One-bedroom rent, city centre | €772 | €906 |
| Left after rent | €1,537 | €1,402 |
| Cost-of-living index (New York = 100) | 35.6 | 37.5 |
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 Coimbra vs Faro
Is Faro, Portugal more expensive than Coimbra, Portugal?
Faro, Portugal is 5% more expensive than Coimbra, Portugal overall. On a gross salary of €40,000 a year, you take home €2,308 a month in Coimbra, Portugal and €2,308 a month in Faro, Portugal after income tax and social contributions.
How much can I save living in Faro, Portugal vs Coimbra, Portugal?
Keeping the same standard of living as in Coimbra, Portugal, you could save about €242 a month (€2,898 a year) in Faro, Portugal on this salary, after rent and living costs.
What taxes will I pay in Portugal vs Portugal?
On €40,000 gross a year you take home €2,308 a month in Portugal and €2,308 a month in Portugal. The calculation applies each country's 2026 income tax and social security rules for a single employee.