Written by Kittenproperties
07.07.2023
If you've ever dreamed of a life bathed in sunshine, surrounded by stunning landscapes, and drenched in rich culture, then Murcia, Portugal, may be your paradise. But what's the real cost of living in this captivating region? From everyday needs to property purchases, transportation, and more, we'll delve deep into what your wallet can expect.
Murcia is not just an epitome of Portuguese charm, but also a practical place to live, thanks to its relatively affordable cost of living compared to other European cities. In addition to its scenic vistas, it offers a range of everyday amenities at reasonable prices.
When it comes to everyday necessities like groceries, Murcia offers a balance of cost and quality. The average monthly grocery bill for a single person ranges from €150 to €200. Whether you're a fan of fresh fish, delectable cheeses, or organic vegetables, the local markets and supermarkets have got you covered.
Housing is a significant part of any cost of living estimate. In Murcia, you can find accommodations that align with your budget, whether you're renting or buying.
The rental market in Murcia is relatively affordable. For a single-bedroom apartment in the city center, you'll pay approximately €500 to €700 per month, while outside the city center, the same will cost around €400 to €600.
Interested in buying? The average price of a property per square meter in the city center is around €2,000. Prices drop to about €1,500 per square meter outside the city center. However, these rates can vary widely depending on the property's size, condition, and location.
Transportation is another essential cost to consider when evaluating the cost of living.
Murcia has a robust public transportation network, making it convenient and economical to get around. A monthly transportation pass typically costs around €40.
If you prefer driving, be prepared for the cost of gas, which is typically about €1.60 per liter. However, the compact layout of the city and the availability of public transport often make a car unnecessary.
While rent, groceries, and transportation comprise the bulk of expenses, don't forget other important aspects of cost of living in Murcia.
Healthcare in Portugal is well-regarded, and prices are reasonable. An average doctor's visit costs around €30 without insurance.
Leisure activities are a part of life, and in Murcia, they come at a reasonable price. A meal at an inexpensive restaurant will cost around €10, and a cinema ticket is around €7.
Understanding the cost of utilities is crucial as these recurring expenses add to your monthly outflow.
These basic utilities for an 85m² apartment in Murcia would cost between €100 and €150 per month. This includes electricity, heating, cooling, water, and garbage disposal. The cost may fluctuate based on usage, especially for electricity and water.
Internet connectivity and mobile services are relatively affordable in Murcia. A monthly package for unlimited data, calls, and texts might cost you around €25. A broadband internet connection (60 Mbps or More, Unlimited Data, Cable/ADSL) typically costs around €30 per month.
The cost of education can play a significant role, especially for families moving to Murcia. Let's consider the educational expenses.
Public education is free in Portugal from ages 6 to 18, making it a boon for families. However, there may be some nominal fees for school supplies and extracurricular activities.
Private schools are an option for those who prefer a different educational approach or international curriculum. Fees can range widely based on the reputation and facilities offered by the school. On average, expect to pay between €4000 to €8000 per year.
Taxes are an integral part of the cost of living anywhere, and Murcia is no exception.
Portugal has a progressive income tax system. For residents, tax rates range from 14.5% for the lowest income earners up to 48% for high income earners. However, Portugal has attractive tax benefits for new residents under the Non-Habitual Residency (NHR) scheme.
The standard VAT in Portugal is 23%. This tax is generally included in the price of goods and services.
The cost of living isn't just about the necessities. Lifestyle and leisure activities also account for a portion of your budget.
Keeping fit in Murcia is fairly reasonable. The average monthly cost for a fitness club membership is about €30. For those who prefer outdoor activities, Murcia's parks, hiking trails, and beaches offer plenty of opportunities at no cost.
Portugal's rich culture offers plenty of entertainment options. A ticket to the theater or a music concert could cost anywhere between €10 to €50, depending on the event. Meanwhile, museum entries range from being free to about €10.
In conclusion, the cost of living in Murcia, Portugal, can be quite affordable compared to other European cities, while still offering a high standard of living. From affordable groceries to reasonable housing costs, and from economical transportation to leisure activities, the overall expenses may fit comfortably within a moderate budget. Remember, your lifestyle choices will significantly impact your cost of living, but the affordability and lifestyle offered by Murcia make it a compelling choice for many.
Yes, Murcia is known for its rich culture, beautiful landscapes, and affordable cost of living, making it a great place to live.
A meal in an inexpensive restaurant typically costs around €10.
An average doctor's visit costs around €30 without insurance in Murcia.
A monthly transportation pass in Murcia typically costs around €40.
For renting a single-bedroom apartment in the city center, expect to pay between €500 to €700 per month. If you're interested in buying, the average price per square meter in the city center is around €2,000.
Basic utilities for an 85m² apartment cost between €100 and €150 per month.
Public education is free for ages 6 to 18, while private school fees range from €4000 to €8000 per year.
The income tax ranges from 14.5% to 48% depending on income, and the standard VAT is 23%.
Lifestyle costs vary, with a fitness club membership costing about €30 per month, and cultural events ranging from free to €50.
A broadband internet connection typically costs around €30 per month, while a mobile package for unlimited data, calls, and texts is around €25 per month.
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