Verified Facts

Official NamePortuguese Republic
CapitalLisbon
Population10.7 million
Area92,090 km² (35,556 sq mi)
LanguagesPortuguese
Currencyeuro (€)
TimezoneUTC-01:00, UTC
RegionEurope / Southern Europe
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$51,680 (2024)
Inflation Rate2.4% (2024)
Health Spend per Capita$2,971 (2024)
Out-of-Pocket Health Spend28.2% (2024)
Education Spend (% GDP)4.5% (2022)
Source: World Bank Open Data

Portugal is generally cheaper than Brazil, with an overall cost of living that is around 20-30% lower.

Quick Facts

Portugal GDP per Capita (PPP)28,449
Brazil GDP per Capita (PPP)14,563
Portugal Inflation Rate0.4
Brazil Inflation Rate3.2
Overall Winner (Cheaper)Portugal

Overview: Portugal vs Brazil

Portugal and Brazil are two countries with distinct economic contexts, which significantly impact their cost of living. Portugal, a European country with a high standard of living, has a relatively low inflation rate and a strong economy. In contrast, Brazil, the largest country in both South America and the Latin American region, has a more volatile economy and a higher inflation rate. As a result, the cost of living in Portugal is generally lower than in Brazil, making it an attractive option for expats, students, and retirees. The difference in cost of living between the two countries can be attributed to various factors, including the cost of housing, food, transportation, and utilities.

The cost of living in Portugal is around 20-30% lower than in Brazil, with significant differences in the cost of housing, food, and transportation. For example, a one-bedroom apartment in the city center of Lisbon, Portugal's capital, can cost around $600-800 per month, while a similar apartment in Rio de Janeiro, Brazil's largest city, can cost around $1,000-1,200 per month. Additionally, the cost of food in Portugal is generally lower than in Brazil, with a meal at a mid-range restaurant costing around $10-15 per person in Portugal, compared to $15-20 per person in Brazil. These differences in cost can have a significant impact on the overall cost of living in each country.

Rent & Housing Comparison

ItemPortugal (USD)Brazil (USD)Difference
1BR Apartment (City Center)6931,04433% cheaper
1BR Apartment (Outside)44664430% cheaper
3BR Apartment (City Center)1,0441,64436% cheaper

Food & Dining Comparison

ItemPortugal (USD)Brazil (USD)Difference
Meal at Restaurant121833% cheaper
Groceries (monthly)30045033% cheaper
Beer (500ml)2333% cheaper
Coffee1.52.540% cheaper

Transport Comparison

ItemPortugal (USD)Brazil (USD)Difference
Monthly Transit Pass355030% cheaper
Taxi (per km)1.21.833% cheaper
Fuel (per liter)1.31.618% cheaper

Utilities & Internet Comparison

ItemPortugal (USD)Brazil (USD)Difference
Utilities (85 sqm apt)12018033% cheaper
Internet (60 Mbps)304025% cheaper
Mobile Plan203033% cheaper

Monthly Budget Comparison

Budget TierPortugal (USD)Brazil (USD)Savings
Budget1,2001,80033%
Mid-Range2,0003,00033%
Comfortable3,0004,50033%

Where Each Country Wins

  • Portugal is cheaper for:
  • Rent and housing, with prices around 30-40% lower than in Brazil
  • Food and dining, with meals and groceries around 30-40% cheaper than in Brazil
  • Transportation, with monthly transit passes and taxi fares around 30-40% lower than in Brazil
  • Utilities and internet, with prices around 25-40% cheaper than in Brazil
  • Brazil is cheaper for:
  • Certain types of fruits and vegetables, which can be around 20-30% cheaper than in Portugal
  • Domestic flights, which can be around 20-30% cheaper than in Portugal
  • Accommodation in rural areas, which can be around 20-30% cheaper than in Portugal
  • Certain types of clothing and accessories, which can be around 10-20% cheaper than in Portugal

Bottom Line

Portugal offers better value for expats, students, and retirees who are looking for a high standard of living at a relatively low cost. The country's low inflation rate, strong economy, and affordable housing and food make it an attractive option for those who want to enjoy a comfortable lifestyle without breaking the bank. On the other hand, Brazil may be a better option for those who are looking for a vibrant cultural experience and a more relaxed pace of life, and are willing to pay a premium for it. Ultimately, the choice between Portugal and Brazil depends on individual preferences and priorities, but for those who value affordability and a high standard of living, Portugal is the clear winner.