Faro vs Porto 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 Faro (64% of gross) and €3,190 a month in Porto (64%), after income tax and social security contributions.
Porto is 2% more expensive than Faro overall (cost-of-living index 38.3 vs 37.5, New York = 100). A one-bedroom flat in the city centre rents for about €1,145 a month in Porto and €906 in Faro, which leaves €2,044 and €2,283 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €2,769 a month in Porto — this salary leaves €421 a month on top.
By category, groceries cost 5% more in Porto than in Faro, eating out 12% more and rent 19% more.
Of the gross salary, income tax takes €15,125 a year in Faro and €15,125 in Porto; social contributions and other levies take €6,600 and €6,600.
Moving from abroad? Under IFICI, take-home pay in Porto would be €3,560 a month — see who qualifies.
| Faro | Porto | |
|---|---|---|
| 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 | €906 | €1,145 |
| Left after rent | €2,283 | €2,044 |
| Cost-of-living index (New York = 100) | 37.5 | 38.3 |
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 Porto
Is Porto, Portugal more expensive than Faro, Portugal?
Porto, Portugal is 2% more expensive than Faro, Portugal overall. On a gross salary of €60,000 a year, you take home €3,190 a month in Faro, Portugal and €3,190 a month in Porto, Portugal after income tax and social contributions.
How much can I save living in Porto, Portugal vs Faro, Portugal?
Keeping the same standard of living as in Faro, Portugal, you could save about €421 a month (€5,047 a year) in Porto, 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.