Cost of Living in Madeira
Madeira is cheaper than Lisbon for housing but more expensive for groceries (everything is imported). A single expat needs €1,600-2,300/month. Ponta do Sol specifically has a nomad-friendly ecosystem.
Single adult
€1,600-2,300
per month
Couple
€2,300-3,200
per month
Family of 4
€3,200-4,800
per month
Housing
1-bed apartment, Funchal center
€900-1,400
1-bed apartment, Funchal outskirts
€650-1,000
1-bed apartment, Ponta do Sol (nomad village)
€700-1,200
House with sea view, Calheta
€1,000-2,000
Food & groceries
Bica at a cafe
€0.80-1.50
Lunch menu
€8-14
Dinner out, mid-range
€15-30 per person
Weekly groceries (higher than mainland)
€55-95
Import markup on non-Portuguese brands
+10-20%
Transport
Bus pass in Funchal
€30/month
Car rental (monthly long-term)
€400-700
Flight to Lisbon (one-way)
€40-120
Petrol
€1.80-2.00/litre
Utilities
Internet
€30-40/month
Electricity
€40-90/month
Leisure & lifestyle
Coworking space in Ponta do Sol
€150-300/month
Levada hiking tour
€30-80
Gym
€30-50/month
Salary you need
€2,000/month net as a single adult. Nomad residence permit requires proof of ~€3,480/month gross income.
Is Madeira right for you?
Bem-vindo generates a personalized settlement plan based on your visa type, city, and situation. Track every deadline, document, and tax obligation.