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Algarve, Portugal vs. Malaga, Spain

Cost of living comparison between Algarve vs. Malaga

Cost of living in Malaga is 6% more expensive than Algarve according to the average local monthly cost. For more insights check salaries, prices of popular goods and services such as food, transportation, rent, entertainment, utilities and more.

$1,318
$1,406
Cost of Living
$1,022
$1,424
Average Salary
$912
$968
Average House Rent

Rent Per Month

Name
Algarve
Malaga
Apartment (1 bedroom) in City Centre
$701.25
$744.77
Apartment (1 bedroom) Outside of Centre
$493.7
$563.17
Apartment (3 bedrooms) in City Centre
$1,196.72
$1,307.8
Apartment (3 bedrooms) Outside of Centre
$811.13
$907.08

Salaries And Financing

Name
Algarve
Malaga
Average Monthly Net Salary (After Tax)
$1,022.48
$1,424.78
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
%2.52
%2.36

Utilities (Monthly)

Name
Algarve
Malaga
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$98.62
$114.36
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)
$0.19
$0.17
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$33.8
$42.11

Markets

Name
Algarve
Malaga
Milk (regular), (1 liter)
$0.76
$0.76
Loaf of Fresh White Bread (500g)
$1.32
$1.26
Eggs (regular) (12)
$1.94
$1.99
Local Cheese (1kg)
$7.3
$11.72
Water (1.5 liter bottle)
$0.75
$0.68
Bottle of Wine (Mid-Range)
$4.43
$4.79
Domestic Beer (0.5 liter bottle)
$1.09
$0.8
Imported Beer (0.33 liter bottle)
$1.72
$1.46
Cigarettes 20 Pack (Marlboro)
$5.23
$5.49
Apples (1kg)
$1.74
$1.72
Chicken Breasts (Boneless, Skinless), (1kg)
$5.72
$5.88
Oranges (1kg)
$1.3
$1.48
Potato (1kg)
$0.97
$0.98
Lettuce (1 head)
$0.9
$0.88
Rice (white), (1kg)
$1.24
$1.22
Tomato (1kg)
$1.42
$1.76
Banana (1kg)
$1.4
$1.73
Onion (1kg)
$1.08
$0.93
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$9.32
$11.22

Transportation

Name
Algarve
Malaga
One-way Ticket (Local Transport)
$3.76
$1.51
Monthly Pass (Regular Price)
$53.94
$41.82
Gasoline (1 liter)
$1.77
$1.55
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$25,748.41
$20,977.52
Taxi Start (Normal Tariff)
$3.42
$3.92
Taxi 1km (Normal Tariff)
$0.48
$1.19
Taxi 1hour Waiting (Normal Tariff)
$14.51
$22.77
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car)
$26,251.87
$25,151.45

Clothing And Shoes

Name
Algarve
Malaga
1 Pair of Jeans (Levis 501 Or Similar)
$78.88
$64.02
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$40.36
$29.25
1 Pair of Nike Running Shoes (Mid-Range)
$69.13
$70.66
1 Pair of Men Leather Business Shoes
$65.93
$83.11

Restaurants

Name
Algarve
Malaga
Meal, Inexpensive Restaurant
$9.4
$10.01
Meal for 2 People, Mid-range Restaurant, Three-course
$34.4
$39.2
McMeal at McDonalds (or Equivalent Combo Meal)
$6.09
$7.94
Domestic Beer (0.5 liter draught)
$2.02
$2.51
Imported Beer (0.33 liter bottle)
$2.62
$3.11
Coke/Pepsi (0.33 liter bottle)
$1.59
$1.68
Water (0.33 liter bottle)
$1.2
$1.18
Cappuccino (regular)
$1.56
$1.77

Sports And Leisure

Name
Algarve
Malaga
Fitness Club, Monthly Fee for 1 Adult
$42.2
$38.74
Tennis Court Rent (1 Hour on Weekend)
$10.79
$13.22
Cinema, International Release, 1 Seat
$7.01
$9.31

Childcare

Name
Algarve
Malaga
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$401.57
$412.47
International Primary School, Yearly for 1 Child
$8,738.64
$10,114.76

Buy Apartment Price

Name
Algarve
Malaga
Price per Square Meter to Buy Apartment in City Centre
$2,578
$3,383.23
Price per Square Meter to Buy Apartment Outside of Centre
$1,439.95
$2,149.84