Funchal vs Faro 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 Funchal (74% of gross) and €1,845 a month in Faro (74%), after income tax and social security contributions.
Faro is 4% more expensive than Funchal overall (cost-of-living index 37.5 vs 36.1, New York = 100). A one-bedroom flat in the city centre rents for about €906 a month in Faro and €1,327 in Funchal, which leaves €939 and €518 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about €1,629 a month in Faro — this salary leaves €216 a month on top.
By category, groceries cost 4% more in Faro than in Funchal, eating out 17% less and rent 28% less.
Of the gross salary, income tax takes €4,561 a year in Funchal and €4,561 in Faro; social contributions and other levies take €3,300 and €3,300.
| Funchal | Faro | |
|---|---|---|
| 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 | €1,327 | €906 |
| Left after rent | €518 | €939 |
| Cost-of-living index (New York = 100) | 36.1 | 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 Funchal vs Faro
Is Faro, Portugal more expensive than Funchal, Portugal?
Faro, Portugal is 4% more expensive than Funchal, Portugal overall. On a gross salary of €30,000 a year, you take home €1,845 a month in Funchal, Portugal and €1,845 a month in Faro, Portugal after income tax and social contributions.
How much can I save living in Faro, Portugal vs Funchal, Portugal?
Keeping the same standard of living as in Funchal, Portugal, you could save about €216 a month (€2,591 a year) in Faro, 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.