Written by Kittenproperties
24.05.2023
The coastal town of Cascais, nestled in the heart of Portugal, has grown to be a popular destination for expats seeking an idyllic balance of sun, sea, and culture. But what about the cost of living? Let's delve deeper.
Cascais, located in the Greater Lisbon region, boasts of an international community. With a population of approximately 200,000, it offers a small-town charm with easy access to Lisbon, Portugal's vibrant capital.
Rent prices can vary greatly, depending on location and property size. A one-bedroom apartment in the city center may cost around €700-€900 per month, while outside the city center, you could be looking at around €500-€700.
Property prices in Cascais are relatively high compared to other parts of Portugal due to its coastal location and popularity. You can expect to pay around €3000-€5000 per square meter in the city center.
For everyday grocery shopping, expect to spend around €200-€300 per month for a single person. Portuguese cuisine is a feast for the palate and the country's fresh produce markets are a haven for food lovers.
The average monthly cost of basic utilities (electricity, heating, cooling, water, and garbage) for a 85m2 apartment is around €100-€150.
A mobile plan with unlimited calls and a reasonable amount of data can cost around €20 per month. For broadband internet, you might spend approximately €30-€40 per month.
The monthly transport pass in Cascais, covering buses and trains, costs around €40. Cascais is well connected, with regular trains to Lisbon.
Owning a car in Portugal is more expensive compared to some other European countries. After the initial purchase, you also need to consider fuel (around €1.50 per liter), insurance (around €400 per year), and maintenance costs.
Portugal's healthcare system is highly ranked globally. Residents can access the National Health Service, although many also opt for private health insurance (around €400-€800 annually).
Eating out in Cascais can range from €10 per person for a simple meal at a local restaurant to €50 or more at higher-end places. Portugal is famous for its wines, so remember to budget for those as well.
Public schools in Portugal are free, including for expat children. However, books and extracurricular activities could add up to around €200-€300 annually.
For families preferring an international curriculum or private schooling, there are several options in and around Cascais. Tuition fees vary widely, but expect to pay anywhere between €5,000 and €20,000 annually.
Portugal has a range of clothing options to suit all budgets. For instance, a pair of jeans might cost around €40-€70, while a summer dress in a high-street store could be about €30-€50.
Personal care services such as haircuts and beauty treatments are relatively affordable in Portugal. A woman's haircut might cost around €15-€30, while a man's cut could be around €10-€20.
The cost of fitness clubs varies but on average, you may spend around €30-€50 per month for a membership.
Cascais offers a plethora of recreational activities like surfing, sailing, or golfing. Golf club memberships can be costly, with annual fees often running into thousands of euros. Individual golf rounds, however, are more affordable at around €50-€100.
Portugal has a progressive income tax, which ranges from 14.5% to 48%. It's important to note that Portugal has a Non-Habitual Resident program, offering tax benefits to new residents for their first ten years.
Retiring in Cascais has become increasingly popular. Given its pleasant climate, cultural attractions, and quality healthcare, it's an attractive destination for retirees. Consideration must be given to retirement income and how it will meet the cost of living.
Living in Cascais offers a remarkable quality of life, but it's crucial to consider the cost of living. While it may be higher than other Portuguese towns, the cultural richness, beautiful landscapes, and inviting climate may well outweigh the costs.
Compared to other Portuguese cities, Cascais is on the higher end. However, it is cheaper than many other European coastal towns.
The average salary in Cascais is approximately €1000-€1500 per month.
Cascais is considered a safe town, with a lower crime rate than many other urban areas.
Healthcare in Cascais is affordable and efficient, especially if you're eligible for the National Health Service.
Yes, foreigners can buy property in Cascais, and Portugal offers a 'Golden Visa' program that grants residency to property investors.
Cascais is often considered one of the top places to retire in Europe due to its climate, healthcare system, and relaxed lifestyle.
A meal in an inexpensive restaurant may cost around €10, while a three-course meal for two in a mid-range restaurant could be around €40.
A one-way local transport ticket might cost around €2, and a monthly pass may be around €40
The average monthly cost of a fitness club membership in Cascais is around €30-€50.
Private school tuition in Cascais can vary widely, but it can range from €5,000 to €20,000 per year.
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