Coimbra 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 Coimbra (64% of gross) and €3,190 a month in Faro (64%), 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 €2,283 and €2,418 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €2,856 a month in Faro — this salary leaves €334 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 €15,125 a year in Coimbra 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.
| Coimbra | 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 | €772 | €906 |
| Left after rent | €2,418 | €2,283 |
| 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 €60,000 a year, you take home €3,190 a month in Coimbra, 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 Coimbra, Portugal?
Keeping the same standard of living as in Coimbra, Portugal, you could save about €334 a month (€4,005 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.