Portugal vs Spain: Which Is Cheaper?

Portugal — Lisbon
Portugal
Spain — Madrid
Spain
Quick answer: Portugal is cheaper than Spain for everyday living — about $1,964 versus $1,994 a month, roughly 2% less. On other factors, Portugal is safer and Spain has faster internet.

Portugal is the cheaper country overall — about 2% less than Spain, or roughly $1,964 versus $1,994 a month for a single person (population-weighted across 5 and 10 cities). A city-centre one-bedroom averages $1,457 in Spain against $1,480 in Portugal. Portugal rates higher on safety (84 vs 75/100). Internet is faster in Spain (255 vs 234 Mbps). Healthcare scores 79 vs 74/100, favouring Spain.

Portugal vs Spain at a glance

MetricPortugalSpain
Cost of living / mo$1,964$1,994
Rent (1BR, centre) / mo$1,480$1,457
Safety84/10075/100
Internet234 Mbps255 Mbps
Healthcare74/10079/100
Walkability81/10082/100
English spoken34%28%
Avg temperature69°F74°F
Digital nomad visaYesYes

Figures are population-weighted averages across 5 cities in Portugal and 10 in Spain.

Portugal vs Spain FAQ

Is Portugal or Spain cheaper to live in?

Portugal is cheaper — about $1,964 a month for a single person versus $1,994 — roughly 2% less.

Is Portugal or Spain safer?

Portugal scores higher on safety: 84/100 versus 75/100.

Is Portugal or Spain better for retirement?

It depends on priorities: Portugal is cheaper ($1,964 vs $1,994/mo), while Spain scores higher on healthcare (79 vs 74/100).

Which is better for digital nomads, Portugal or Spain?

Spain has faster internet (255 vs 234 Mbps), but Portugal stretches a remote income further at $1,964/mo.

Is Portugal or Spain better to visit?

Portugal is the more budget-friendly trip at roughly $1,964 a month for day-to-day costs, and it also rates higher on safety (84/100). Both offer plenty of variety — 5 cities in Portugal and 10 in Spain.

Which should you choose?

On balance, Spain comes out ahead — it leads on cheaper rent, faster internet, better healthcare, though Portugal is cheaper at $1,964/mo if budget is your top priority.

Choose Portugal for

  • a lower cost of living
  • higher safety

Choose Spain for

  • cheaper rent
  • faster internet
  • better healthcare
  • better walkability