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The Comprehensive Guide to the Cost of Living in Coimbatore, Portugal

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Written by Kittenproperties

25.05.2023

Introduction

Welcome to this detailed guide about the cost of living in Coimbatore, Portugal. This beautiful city, with its rich history and vibrant culture, has become an attractive destination for expatriates and tourists alike. However, understanding the living expenses in this Portuguese gem is essential. Let's delve into the specifics!

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Cost of Everyday Needs

Groceries

One of the essential parts of everyday expenses is groceries. The cost of groceries in Coimbatore is relatively reasonable. For example, a liter of milk usually costs around €0.60, and a dozen eggs might set you back about €1.50.

Utilities

Utilities are another critical aspect of daily living. The average monthly cost of utilities for a 85m2 apartment (including electricity, heating, cooling, water, and garbage) is approximately €100.

Housing

Renting

If you're considering renting, it's important to note that the cost can vary significantly based on the location and size of the property. A one-bedroom apartment in the city center can cost around €500 per month, while the same outside the city center might be around €350.

Buying Property

For those interested in purchasing a property, the average price per square meter in the city center is about €2,500. However, outside the city center, the price drops to around €1,700 per square meter.

Transportation

Public Transport

Coimbatore boasts an efficient public transportation system. A monthly transport pass typically costs around €30, making it a cost-effective choice for daily commuting.

Personal Vehicles

If you're considering owning a car, keep in mind the cost of petrol, which averages about €1.50 per liter.

The cost of Education and Healthcare

Education

Portugal's education system is highly regarded, and Coimbatore is no exception. The annual tuition fee for international schools ranges from €7,500 to €18,000.

Healthcare

Portugal offers both public and private healthcare, with an average consultation with a private doctor costing around €50.

Leisure Activities

Dining Out

A meal in an inexpensive restaurant can cost about €10, while a three-course meal for two in a mid-range restaurant is typically around €40.

Fitness and Sports

The average monthly fee for a fitness club is around €30. Golfing, a popular sport in Portugal, has green fees ranging from €50 to €100 for 18 holes.

Detailed Housing Expenses

Renting vs. Buying

While we've touched on the basic costs of renting and buying property in Coimbatore, it's worth exploring further. Whether you're single, a couple, or a family will significantly impact your decision here.

For Singles:

If you're single, renting a studio or a one-bedroom apartment might be your best bet. You can find a comfortable place for about €350 - €500 per month.

For Couples and Families:

For couples or families, buying might make more sense, especially if you plan to stay long term. A 100m2 apartment can cost anywhere between €170,000 - €250,000, depending on the location.

Exploring Transportation Costs in Depth

Taxis and Rideshares

Apart from public transport and personal vehicles, you might occasionally need taxis or rideshare services. The starting price for a taxi is around €3.50, with a standard rate of €0.50 per km. Rideshare services, like Uber, can sometimes be a cheaper option.

Vehicle Maintenance and Insurance

Vehicle ownership isn't just about the cost of the car and fuel. There are additional costs like maintenance and insurance. A standard annual car insurance policy in Portugal can cost around €250 - €500, and regular maintenance might add another €200 - €300 per year.

A Closer Look at Healthcare

Prescription Medication

While a doctor's consultation might cost around €50, it's essential to consider the price of prescription medication, which varies significantly depending on the specific medicine.

Health Insurance

Health insurance is recommended if you opt for private healthcare. The cost of health insurance can range from €20 - €50 per month for basic coverage.

Expanded Leisure Activity Costs

Movie Tickets

If you're a film enthusiast, you might want to know the cost of a movie ticket. In Coimbatore, a ticket can cost around €7.

Outdoor Activities

Coimbatore and its surrounding region offer a wealth of outdoor activities. For example, a guided tour to the historic University of Coimbatore might cost around €10.

Additional Everyday Needs

Clothing and Personal Care

In terms of clothing, prices are quite similar to the rest of Europe. A pair of jeans might cost you around €50, while a summer dress in a chain store like Zara or H&M might be about €30. Personal care items, such as shampoo or a tube of toothpaste, usually cost between €2 - €4.

Internet and Mobile Plans

When it comes to connectivity, an unlimited broadband internet connection usually costs around €30 per month. For mobile, you can get a package with unlimited calls and a decent amount of data for about €20 per month.

Conclusion

Coimbatore, with its enchanting charm and affordable living, is indeed a fantastic place to consider. Although it might not be the cheapest city, the cost of living is balanced with a high quality of life, making it an appealing destination.

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Frequently Asked Questions (FAQs)

1. How much does a cup of coffee cost in Coimbatore, Portugal?

A cup of coffee in Coimbatore typically costs around €1-€2.

2. What is the cost of internet services in Coimbatore?

On average, monthly internet costs range from €25 to €40.

3. How much should I budget for groceries each month in Coimbatore?

For a single person, a monthly grocery budget of €150-€200 should suffice.

4. What is the average cost of property taxes in Coimbatore?

Property taxes in Portugal generally range from 0.3% to 0.8% of the property's fiscal value.

5. Is it cheaper to eat out or cook at home in Coimbatore?

While eating out can be affordable, cooking at home is usually the more economical option.

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