What is the cost of living in Funchal?

The cost of living in Funchal is 61.2% cheaper than New York City (index: 38.8). Groceries are 55.1% cheaper than NYC. Restaurants are 42.7% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately EUR 1,327 per month. Local purchasing power index is 66.5 (NYC = 100).

How much tax do you pay in Portugal?

In Portugal, a gross salary of EUR 50,000 per year results in approximately EUR 2,776 per month take-home pay after income tax and social contributions (effective rate: 33.4%). Use our Portugal tax calculator for a personalised breakdown.

🇵🇹 Portugal · #294 of 577 cities · 2026

Should I Move to Funchal?

Q: Should I move to Funchal?

Funchal, Portugal has a cost of living 61.2% cheaper than New York City (index: 38.8). It is ranked #294 out of 577 cities globally. Local purchasing power is moderate (index: 66.5 vs NYC = 100). Workers in Portugal earning EUR 50,000 gross take home approximately EUR 2,776/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

61.2% cheaper to live here than in New York City.

Run the calculator below with your actual salary to get a personalised answer.

-61.2%

vs NYC

EUR 1,327

1-BR, city centre

EUR 2,776

Net take-home

Moderate

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from March – October 2026

Personalised Answer

Compare your salary: move to Funchal?

Example: EUR 50,000 gross/year in Portugal → EUR 2,776/month net after tax (33.4% effective rate). Full Portugal tax breakdown →

Cost breakdown: Funchal

Cost indices vs NYC = 100

Cost of Living

38.8 Mid-priced

Rent

33.4 Very affordable

Groceries

44.9 Affordable

Restaurants

57.3 Moderate

Purchasing Power

66.5 Moderate

Rent in Funchal

1-BR, city centre EUR 1,327/mo

1-BR, outside centre EUR 1,091/mo

3-BR, city centre EUR 2,216/mo

3-BR, outside centre EUR 1,742/mo

Save by going outside centre 18% cheaper

Numbeo · 2026-10-02

Portugal take-home pay

EUR 50,000 → EUR 2,776/Net take-home (33.4% effective rate, single filer)

Full Portugal tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇵🇹 Porto

Portugal

CoL index 39.1

Compare Porto vs Funchal →

🇵🇹 Faro

Portugal

CoL index 37.5

Compare Faro vs Funchal →

🇵🇹 Aveiro

Portugal

CoL index 36.2

Compare Aveiro vs Funchal →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Funchal after tax, in seconds.

Compare salaries → Full cost of living data

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