Cost of Living in Funchal, Portugal
Funchal has a cost of living index of 48/100 (New York = 100). It is 52% cheaper than New York. Data sourced live via AI — updated regularly.
Cost Breakdown by Category
Digital Nomad Profile
Best neighborhoods: Centro, Câmara de Lobos, Ponta Delgada
Frequently Asked Questions
Is Funchal cheap to live in?
Funchal has a cost of living index of 48/100, where New York = 100. It is 52% cheaper than New York. A single person can live comfortably for approximately $960–$1,344 per month.
How much does rent cost in Funchal?
A 1-bedroom apartment in the city center of Funchal costs approximately $1,260/month. Outside the center, expect to pay around $950/month.
Is Funchal good for digital nomads?
Funchal has a growing digital nomad community. Average internet speed is 75 Mbps, café wifi reliability is good, and coworking spaces run about $180/month. English proficiency is moderate.
What is the average salary in Funchal?
The median net monthly salary in Funchal is approximately $1,750 USD. The income tax rate is around 23%.
How does Funchal compare to New York for cost of living?
Funchal (cost index 48) is 52% cheaper than New York (cost index 100). You could save roughly $1,300/month by moving from New York to Funchal.
Compare Funchal with another city
See exactly how Funchal stacks up against your current city or next destination.
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