Faro vs Funchal on €30,000: take-home pay, rent and cost of living in 2026
On a gross salary of €30,000 a year, a single employee takes home €1,845 a month in Faro (74% of gross) and €1,845 a month in Funchal (74%), after income tax and social security contributions.
Funchal is 4% cheaper than Faro overall (cost-of-living index 36.1 vs 37.5, New York = 100). A one-bedroom flat in the city centre rents for about €1,327 a month in Funchal and €906 in Faro, which leaves €518 and €939 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €1,510 a month in Funchal — this salary leaves €335 a month on top.
By category, groceries cost 4% less in Funchal than in Faro, eating out 20% more and rent 40% more.
Of the gross salary, income tax takes €4,561 a year in Faro and €4,561 in Funchal; social contributions and other levies take €3,300 and €3,300.
| Faro | Funchal | |
|---|---|---|
| Gross salary per year | €30,000 | €30,000 |
| Income tax per year | €4,561 | €4,561 |
| Social contributions per year | €3,300 | €3,300 |
| Take-home pay per month | €1,845 | €1,845 |
| One-bedroom rent, city centre | €906 | €1,327 |
| Left after rent | €939 | €518 |
| Cost-of-living index (New York = 100) | 37.5 | 36.1 |
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 Faro vs Funchal
Is Funchal, Portugal more expensive than Faro, Portugal?
Funchal, Portugal is 4% cheaper than Faro, Portugal overall. On a gross salary of €30,000 a year, you take home €1,845 a month in Faro, Portugal and €1,845 a month in Funchal, Portugal after income tax and social contributions.
How much can I save living in Funchal, Portugal vs Faro, Portugal?
Keeping the same standard of living as in Faro, Portugal, you could save about €335 a month (€4,023 a year) in Funchal, Portugal on this salary, after rent and living costs.
What taxes will I pay in Portugal vs Portugal?
On €30,000 gross a year you take home €1,845 a month in Portugal and €1,845 a month in Portugal. The calculation applies each country's 2026 income tax and social security rules for a single employee.