Cost of Living in Silves - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $789 (excluding rent), and $1,607 including rent.

Family of 3: Estimated monthly costs are $1,831 (excluding rent), and $3,093 including rent.

Meal at Budget Restaurant

$11.52 €9.93

$9.22 €7.95

$17.29 €14.90

Three-Course Dinner for Two, Mid-Range

$45.62 €39.32

$34.22 €29.49

$68.4 €59.0

Fast Food Meal (McDonalds, etc)

$9.23 €7.96

$10.39 €8.96

Cappuccino

$2.13 €1.83

$1.13 €0.98

$3.39 €2.92

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.93 €1.66

$1.19 €1.02

$2.95 €2.55

Water (0.33 liter bottle)

$1.43 €1.23

$1.19 €1.03

$2.37 €2.04

Local Beer (0.5 liter draught)

$2.29 €1.97

$1.61 €1.38

$4.01 €3.46

Imported Beer (0.33 liter bottle)

$3.54 €3.05

$2.36 €2.03

$5.14 €4.43

Milk (1 liter)

$1.05 €0.91

$0.91 €0.78

$1.24 €1.07

White Bread (500g)

$1.58 €1.36

$0.99 €0.85

$2.68 €2.31

Rice (white) (1kg)

$1.60 €1.38

$1.13 €0.97

$2.25 €1.94

Eggs

$3.04 €2.62

$2.42 €2.08

$3.89 €3.36

Local Cheese (1kg)

$11.48 €9.89

$8.20 €7.07

$18.59 €16.02

Chicken Fillets (1kg)

$7.66 €6.60

$4.64 €4.00

$9.29 €8.00

Beef Round Steak (1kg)

$14.13 €12.18

$10.47 €9.03

$18.03 €15.54

Apples (1kg)

$2.37 €2.05

$1.50 €1.29

$3.23 €2.78

Banana (1kg)

$1.49 €1.28

$1.18 €1.02

$2.36 €2.03

Oranges (1kg)

$1.85 €1.60

$1.17 €1.01

$2.32 €2.00

Tomato (1kg)

$2.61 €2.25

$1.74 €1.50

$3.52 €3.03

Potato (1kg)

$1.46 €1.26

$0.96 €0.83

$2.84 €2.45

Onion (1kg)

$1.85 €1.59

$1.12 €0.97

$2.41 €2.08

Lettuce (1 head)

$1.63 €1.41

$0.90 €0.77

$2.36 €2.03

Water (1.5 liter bottle)

$0.82 €0.71

$0.31 €0.27

$1.70 €1.47

Cigarettes 20 Pack (Marlboro, Camel)

$6.21 €5.36

$5.92 €5.10

$7.09 €6.11

Wine (Bottle)

$5.75 €4.96

$3.52 €3.03

$9.39 €8.10

Local Beer (0.5 liter bottle)

$1.29 €1.12

$0.92 €0.79

$1.76 €1.52

Imported Beer (0.33 liter bottle)

$2.37 €2.05

$1.34 €1.15

$4.46 €3.84

One-way Ticket (Public Transport)

$2.34 €2.01

$1.47 €1.26

$2.34 €2.01

Public Transport Monthly Pass (Regular Price)

$42.90 €36.98

$21.25 €18.32

$42.90 €36.98

Taxi Start (Normal Tariff)

$4.13 €3.56

$3.44 €2.96

$4.59 €3.96

Taxi (Normal Tariff) (1km)

$0.80 €0.69

$0.60 €0.51

$2.00 €1.72

Taxi 1hour Waiting (Normal Tariff)

$17.63 €15.19

$17.39 €14.99

$22.92 €19.75

Gasoline (1 liter)

$1.93 €1.67

$1.87 €1.62

$2.16 €1.86

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$34.4K €29.7K

$40.1K €34.6K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$39.6K €34.2K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$132 €114

$90.9 €78.3

$198 €171

SIM Card Monthly Plan (Calls and 10GB+ Data)

$21.57 €18.60

$11.71 €10.10

$29.29 €25.25

Internet (50+ Mbps, Unlimited Data)

$41.74 €35.98

$31.56 €27.20

$57.4 €49.46

Gym Membership (Monthly)

$44.76 €38.58

$29.44 €25.38

$47.11 €40.61

Cinema Ticket

$8.50 €7.33

$7.50 €6.47

$9.64 €8.31

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$470 €405

$410 €353

$634 €547

International Primary School, 1 Child (Yearly)

$8,190 €7,060

$6,825 €5,883

$13.6K €11.8K

Jeans (Levis 501 Or Similar)

$75.2 €64.8

$35.38 €30.49

$142 €122

Summer Dress (H&M, Zara, etc)

$38.92 €33.55

$23.07 €19.88

$51.9 €44.73

Sport Shoes (Adidas, Nike)

$92.0 €79.3

$58.9 €50.7

$141 €122

Men's Leather Business Shoes

$99.5 €85.8

$70.2 €60.5

$146 €126

1-bedroom Apartment, City Center (Monthly)

$943 €813

$707 €610

$1,179 €1,016

1-bedroom Apartment, Outside City Center (Monthly)

$728 €628

$577 €497

$923 €796

3-bedroom Apartment, City Center (Monthly)

$1,492 €1,286

$1,350 €1,164

$1,878 €1,619

3-bedroom Apartment, Outside City Center (Monthly)

$1,167 €1,006

$934 €805

$1,429 €1,232

Buy Apartment in City Center (m2)

$2,659 €2,292

$1,680 €1,448

$2,659 €2,292

Buy Apartment Outside City Center (m2)

$2,013 €1,735

$1,154 €995

$2,013 €1,735

Average Monthly Net Salary (After Tax)

$981 €846

20-Year Fixed Mortgage Interest Rate (Annual %)

5.01

5.5

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update: January 11, 2026

Silves Median Internet Speeds (Updated December 2025)

Mobile

138

Mbps

Fixed Broadband

137

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

City tags:

🇪🇺 Europe

Cost of Living in Silves - Frequently Asked Questions

Silves offers a balanced, easy-to-manage cost of living for travelers, expats, and digital nomads who want a quieter base in the Algarve. It’s typically easier on daily expenses than flashy beach towns, with affordable groceries, weekly markets, and modest dining options that still feel special. Housing ranges from cozy apartments in old lanes to charming townhouses near the castle, often more affordable than bigger cities. The pace favors outdoor cafés, riverside strolls, and work-friendly rhythms without sacrificing access to essential services. In practice, the Cost of Living in Silves, Portugal often suits those prioritizing value over spectacle. Tip: Start with a short stay to test daily rhythms and local connections.

Daily life in Silves blends a village feel with practical conveniences. For housing, focus on the historic center or quiet residential lanes nearby to maximize walkability and access to markets. Food is a standout: fresh produce at weekly markets, bakeries, and small eateries that offer local flavors without a premium. Getting around tends to be easy by foot, bike, or scooter; car use is common for weekend trips to the coast. If you work remotely, look for nearby coworking spaces or a quiet corner in a café with reliable Wi-Fi. Silves, Portugal living cost varies by area. Tip: Try staying in a short-term rental first to gauge neighborhood fit.

Quality of life in Silves blends heritage charm with a practical, low-stress routine. A simple budgeting approach helps: set broad categories for housing, meals, transport, and leisure, then track week by week. Save by cooking at home with seasonal produce, shopping at mercados, and choosing accommodations with energy efficiency. Neighborhoods around the castle and riverfront offer the most character, while newer lanes give modern conveniences and easier parking. The climate supports outdoor living most of the year, with quieter streets in shoulder seasons. Tip: For a long-term stay, map out a three-month neighborhood rotation to test fit.