Written by Kittenproperties
26.05.2023
As the sun rises and the shadows slowly recede, revealing the charming city of Fatima, Portugal, you can't help but marvel at the idea of calling this place home. But what does living here actually cost? In this comprehensive guide, we will delve into the various aspects of the cost of living in Fatima, encompassing prices for everyday needs, rent, buying property, transportation, and more. So, grab your cup of coffee and let's embark on this enlightening journey!
The cost of food in Fatima is quite reasonable compared to other European cities. A meal at an inexpensive restaurant costs around €10, while a three-course meal for two at a mid-range restaurant comes in at about €35. If you prefer to cook, expect to spend approximately €200-€300 per month on groceries.
Utilities are a vital part of the cost equation. The average monthly bill for basic utilities, including electricity, heating, cooling, water, and garbage for a 85m2 apartment, hovers around €100-€150. Internet services are priced around €30-€40 per month.
Portugal boasts a high-quality healthcare system. Health insurance is generally affordable, with policies ranging from €20-€50 per month depending on the coverage.
Rental costs in Fatima are influenced by the location and size of the property. The average monthly rent for a one-bedroom apartment in the city center ranges between €300 and €400. If you're willing to stay a bit away from the heart of the city, the price can drop to €200-€300.
The cost of buying property in Fatima varies significantly depending on the area and the property type. As of 2023, the average price per square meter in the city center is approximately €1,500.
Public transportation in Fatima is efficient and cost-effective. A monthly pass costs around €35, making it a budget-friendly option for residents.
If you prefer the convenience of a private vehicle, the average price of a new car in Portugal is around €20,000. As for fuel costs, as of 2023, the price per liter of gasoline stands at approximately €1.5.
An average gym membership in Fatima costs around €30 per month. For those who love movies, a cinema ticket costs around €7.
The cost of clothing and personal care items is quite affordable. A pair of jeans, for instance, will set you back around €50, while a pair of good-quality running shoes cost around €75.
In Portugal, public education is free from pre-school to secondary school, though private institutions charge tuition. These costs vary widely, from €300 to €500 per month, depending on the school's reputation and facilities.
If you're looking at universities, tuition fees for undergraduate programs at public universities for EU/EEA and Swiss students range from €700 to €1,500 per year. For non-EU international students, the fees can range from €1,500 to €3,500 per year. Private universities generally have higher fees.
Fatima offers a vibrant food scene, with a variety of restaurants and cafes to suit different tastes and budgets. A night out, including a meal, drinks, and entertainment, can cost around €50 per person.
With its rich cultural heritage, Fatima offers numerous cultural experiences. Entry to museums and galleries typically ranges from €5 to €10, while a theater ticket can cost between €10 and €30.
Portugal operates a progressive income tax system. Residents are taxed on their worldwide income, which ranges from 14.5% for income up to €7,112, to 48% for income above €80,882.
The standard VAT rate in Portugal is 23%, with reduced rates of 13% and 6% applied to certain goods and services.
The cost of home insurance varies based on the value and location of the property, but on average, you can expect to pay between €200 and €400 per year.
Car insurance costs also vary. On average, the annual cost of comprehensive car insurance is around €500.
Living in Fatima, Portugal, can offer a cost-effective and enriching lifestyle. The affordable cost of living, coupled with the city's cultural richness, makes it an attractive option for both locals and expatriates. However, everyone's situation and spending habits are unique, so it's important to do your own research and budget accordingly.While there are undoubtedly costs associated with living in Fatima, Portugal, the city also offers a high standard of living, a rich cultural experience, and affordable necessities. With careful planning and budgeting, life in Fatima can be both financially feasible and culturally enriching.
The average cost of living for a single person in Fatima is approximately €700-€1,000 per month excluding rent. This varies depending on personal spending habits.
Yes, Portugal has a high-quality healthcare system, and health insurance policies are generally affordable, ranging from €20-€50 per month.
A meal at an inexpensive restaurant costs around €10, and a three-course meal for two at a mid-range restaurant is about €35.
The cost of buying property in Fatima varies significantly, with the average price per square meter in the city center being approximately €1,500.
A monthly pass for public transportation costs around €35, making it a budget-friendly option for residents.
Public education is free from pre-school to secondary school. University tuition fees vary, with undergraduate programs at public universities ranging from €700 to €1,500 per year for EU/EEA and Swiss students.
Income tax in Portugal is progressive, with rates ranging from 14.5% to 48%
The average cost of home insurance ranges from €200 to €400 per year, while comprehensive car insurance is around €500 per year.
A night out, including a meal, drinks, and entertainment, can cost around €50 per person.
Entry to museums and galleries typically costs from €5 to €10, while a theater ticket can cost between €10 and €30.
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