Cost of living and prices in Funchal, prices of food, rent, shopping, etc. 🇵🇹
Updated Jul 2023

Funchal, a charming city located in Southern Europe, sits at an elevation of 280 meters above sea level. It is the capital of Madeira, Portugal's popular archipelago in the Atlantic Ocean.

Known for its scenic views, mild climate, and rich culture, Funchal has become a popular destination for travelers from around the globe. From exploring historic landmarks to indulging in local cuisine, there's always something to see and do in this vibrant city. Additionally, Funchal offers a reasonable cost of living, with affordable housing options and inexpensive transportation, making it a great place to call home or visit for an extended stay.

If you're looking for a unique place to live or vacation, consider Funchal, Portugal. With its stunning natural scenery, welcoming community, and favorable cost of living, it's no wonder why so many people have fallen in love with this gorgeous city.

Cost of Living Estimate in Funchal

Total cost of living in Funchal for two person with average consumption for one month will be 1010.26 USD, no rent price included. Click here to calculate cost-of-living estimate in Funchal

You can calculate cost of living in Funchal by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

One of the best things about Funchal is its incredible culinary scene. This Portuguese city is home to a wide variety of restaurants and eateries that cater to all tastes and budgets. From high-end fine dining establishments to small family-run cafes and local seafood shacks, Funchal has it all. Whether you're a foodie looking for an exciting new taste experience or simply in search of some tasty, budget-friendly grub, there's a restaurant or food spot in Funchal that will suit your needs. Some of the most popular local specialties to try include grilled limpets, traditional seafood stews, and the famous Madeiran honey cake.

If you're looking for something a little different, Funchal is also home to a buzzing street food scene. Head down to the main market to explore the stalls of fresh produce, homemade cheeses, and artisanal breads, or try some of the local street food favorites that can be found in the city's squares and food markets. For a truly local experience, be sure to check out the annual Funchal Wine Festival, which celebrates the region's vibrant wine industry with tastings, concerts, and food stalls. No matter what your budget or taste preferences, Funchal is a foodie paradise that is sure to delight all visitors.

Meal in Inexpensive Restaurant
8.19 $
Meal for 2 People, Mid-range Restaurant, Three-course
39.42 $
McMeal at McDonalds or Alternative Combo Meal
7.28 $
Domestic Beer, 0.5 liter Draught
2.73 $
Imported Beer, 0.33 liter Bottle
2.43 $
Cappuccino
1.78 $
Coca-Cola, 0.33 liter Bottle
1.50 $

Markets prices

The market prices in Funchal, Portugal can vary depending on the season and availability of produce. Generally, the prices are very affordable and reasonable, with a wide variety of fresh fruits, vegetables, and seafood available at local markets. Many of the markets are located in historic buildings that offer a unique shopping experience and showcase the rich cultural heritage of the region.

In addition to the fresh produce, visitors can also find handmade crafts, souvenirs, and local specialties, such as Madeira wine and traditional cakes. The markets in Funchal are popular with both tourists and locals, and provide a great opportunity to learn about the local cuisine and culture. With friendly vendors and a vibrant atmosphere, a trip to the markets in Funchal is an essential part of any visit to this beautiful island.

Water, 0.33 liter Bottle
1.36 $
Milk, Regular,1 liter
0.75 $
Loaf of Fresh White Bread, 0.5 kg
1.66 $
White Rice, 1 kg
1.01 $
Eggs, 12 pack
2.94 $
Local Cheese, 1 kg
8.79 $
Chicken Breasts, Boneless and Skinless, 1 kg
5.97 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
9.10 $
Apples, 1 kg
1.70 $
Banana, 1 kg
1.58 $
Oranges, 1 kg
1.24 $
Tomato, 1 kg
1.76 $
Potato, 1 kg
1.10 $
Onion, 1 kg
1.44 $
Lettuce, 1 head
1.61 $
Water, 1.5 liter Bottle
1.15 $
Bottle of Wine, Mid-Range Price
3.34 $
Domestic Beer, 0.5 liter Bottle
1.26 $
Imported Beer, 0.33 liter Bottle
1.90 $
Pack of Cigarettes
5.92 $

Transportation prices

If you're planning on exploring the beautiful city of Funchal, Portugal, you'll want to know your transportation options. Thankfully, there are plenty to choose from. One exciting option is the cable car that travels from the city's Old Town up to the picturesque village of Monte. From the top of the hill, you'll enjoy breathtaking views of Funchal's rooftops and the surrounding mountains. Another great choice is the local buses that run regularly throughout the city. They're a convenient and cost-effective way to get around and can take you to many of Funchal's must-see sites, such as the stunning Botanical Gardens.

If you're looking for a more adventurous way to explore the island, why not rent a car or a motorbike? This way, you can travel at your own pace and stop off at any hidden gems you may come across. If you're feeling brave, you could even hire a scooter and zip through the winding roads that lead to Funchal's eminent viewpoints - just be sure to wear a helmet and drive safely! Whether you're looking for an adventurous ride or a more relaxing journey, Funchal has plenty of transportation options to choose from that will make getting around the city a breeze.

One-way Ticket, Local Transport
2.43 $
Monthly Pass, Regular Price
48.52 $
Taxi Start, Normal Tariff
3.94 $
Taxi, price for 1 km, Normal Tariff
1.07 $
Taxi, price for 1 hour Waiting, Normal Tariff
24.26 $
Gasoline, 1 liter
1.83 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
33,965.12 $

Utilities Per Month prices

If you're planning a trip to Funchal, Portugal, it's important to factor in the cost of utilities when budgeting for your stay. Generally speaking, the cost of utilities in Funchal is comparable to other cities in Portugal. This includes expenses such as water, electricity, and gas. The exact cost will depend on a variety of factors, such as the size of your accommodations and your overall usage. It's worth noting that some rental properties may include utilities as part of the rental fee, so be sure to clarify this with the property owner or manager before booking.

While utilities costs in Funchal are generally reasonable, it's always wise to be mindful of your consumption during your stay. This can help keep your costs down and protect the environment at the same time. To save on water, be sure to turn off the tap when you're brushing your teeth or washing your face. Use energy-efficient light bulbs and turn off lights and electronics when you're not using them. And consider using public transportation or walking instead of renting a car to reduce your carbon footprint. Taking these simple steps can help make your stay in Funchal not only affordable, but sustainable as well.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
110.97 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.27 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
42.60 $

Sports And Leisure prices

When in Funchal, Portugal, sports and leisure activities are abundant. Take a stroll through one of the city's many parks, or hike along the coastal cliffs for stunning views of the ocean. If you're more interested in water sports, there are plenty of options available, from surfing to stand-up paddleboarding. Additionally, there are numerous golf courses in the area, allowing visitors to tee off with a beautiful backdrop of rolling hills and the sea. Whatever your preferred leisure activity, Funchal has something for everyone.

Sports enthusiasts will find plenty to keep them occupied in Funchal. The city is home to a variety of sports facilities, including tennis courts and fitness centers. Additionally, there are ample opportunities for outdoor activities such as biking and horseback riding. For those who prefer a more laid-back approach, simply lounging on the beach or sipping a coffee at a sidewalk café can be a relaxing way to pass the time. With its warm climate and stunning natural beauty, Funchal is the perfect destination for anyone looking to get active or unwind in the sunshine.

Fitness Club, Monthly Fee for 1 Adult
51.64 $
Tennis Court Rent, 1 Hour on Weekend
23.05 $

Salaries And Financing prices

Salaries and financing in Funchal, Portugal can be different from what you are used to in other countries. The average salary in Funchal is lower than in bigger cities, but it is enough for people to live a comfortable life. Even though some prices may seem high, there are ways to save money, such as shopping at local markets or taking public transportation. Keep in mind that tipping in Portugal is not mandatory, but it is appreciated if the service was exceptional. If you are traveling on a budget, there are plenty of hostels and guesthouses available at a reasonable price.

Financing in Funchal can also be an interesting topic for visitors. The banking system in Portugal is reliable and safe, and there are ATMs available throughout the city. Credit cards are widely accepted, but it is always a good idea to have cash on hand, especially when visiting smaller or more rural areas. If you need to exchange currency, there are several exchange bureaus available at the airport and in the city center. Keep in mind that the value-added tax (VAT) is included in the prices of most goods and services in Portugal, but some tourist services may have an additional tax. Overall, Funchal is a budget-friendly destination that offers a unique experience for visitors.

Cinema ticket, 1 Seat
8.41 $
Average Monthly Net Salary, After Tax
1,113.56 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
2.3 %

Childcare prices

Childcare prices in Funchal, Portugal can vary depending on the type of facility you choose for your child. When it comes to schools, prices can be higher compared to traditional kindergartens. However, schools usually offer more resources and support for child development, such as trained teachers, extracurricular activities, and access to specialized classes.

Meanwhile, kindergartens in Funchal offer a more affordable alternative for childcare, with prices often varying according to the age of the child and the number of hours required. They usually provide a nurturing environment and care for children during working hours. They may also offer some basic educational activities, but they are generally less structured and less specialized than formal schools.

Private Preschool or Kindergarten, Monthly for 1 Child
194.69 $
International Primary School, Yearly for 1 Child
3,032.60 $

Clothing And Shoes prices

Funchal is a beautiful city located in Madeira, Portugal, famous for its incredible beaches and stunning landscapes. It's also a great destination for shopping, as you can find a wide range of stores selling all kinds of clothing and shoes. Regardless of your style and budget, there is always something for everyone in Funchal. From high-end luxury brands to local boutiques, you're sure to find the perfect outfit for any occasion.

Many stores in Funchal offer unique and beautiful designs that you won't find elsewhere. Shopping for shoes is also a lot of fun in Funchal, with plenty of options to choose from, ranging from casual sandals to elegant boots. Whether you're looking for trendy fashion items, souvenirs, or basic clothing essentials, you'll find a variety of stores that offer high quality and fashionable options. Some of the most popular shopping areas in Funchal include Rua Fernão de Ornelas, Lavradores Market, and Marina Shopping Center.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
83.91 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
33.97 $
Pair of Running Shoes, Mid-Range Price
74.30 $
Pair of Leather Business Shoes
107.44 $

Rent Per Month prices

Short-term rentals and stays in Funchal, Portugal are a great way to experience the local culture and scenic beauty of the island. There are plenty of options available for any budget or preference, from cozy apartments to luxurious villas. Prices may vary depending on the location, size, and amenities of the accommodation, but generally, they are quite reasonable compared to other European destinations. Whether you're planning a romantic getaway or a family vacation, you're sure to find the perfect rental in Funchal that suits your taste and needs.

Funchal offers a wide variety of short-term stay options, ranging from self-catering apartments to homestays and guesthouses. Many accommodations come fully equipped with modern amenities such as Wi-Fi, air conditioning, and fully-equipped kitchens. Some rentals even offer spectacular views of the ocean and mountains. Prices may vary depending on the season, but off-peak periods can offer significant discounts. Whether you want to stay in the heart of the city or prefer a quieter location, Funchal has something for everyone. So why not book your next short stay in Funchal today and experience all the beauty and charm this island paradise has to offer!

One bedroom apartment in city centre
663.39 $
One bedroom apartment outside of city centre
515.54 $
Three bedroom apartment in city centre
1,091.74 $
Three bedroom apartment outside of city centre
758.15 $

Buy Apartment prices

Interested in buying property in Funchal, Portugal? Whether you're looking for a quaint apartment or a spacious villa, the city offers a wide range of real estate options to fit any budget. From historic homes with stunning ocean views to modern condos in the heart of downtown, Funchal has something for everyone. Keep in mind that prices can vary based on location, size, and other factors, so it's important to work with a trusted real estate agent who can help you navigate the market and find the perfect property for your needs.

One of the great things about buying real estate in Funchal is that you can enjoy the benefits of island living without sacrificing modern amenities. The city boasts excellent transportation connections, including an international airport and a well-connected road network. You'll also find a wide range of shops, restaurants, and cultural attractions, as well as plenty of opportunities for outdoor recreation. Whether you're looking for a peaceful retreat or a bustling urban environment, Funchal has something for everyone. So why not start exploring the real estate market today and discover all that this vibrant city has to offer?

Price per m2 to Buy Apartment in City Center
2,587.81 $
Price per m2 to Buy Apartment Outside of City Center
1,615.77 $