Updated 25 October 2026
Quick answer: In Portugal in 2026, the minimum wage is €1,073/month (about $1,201 a month full time); an average earner keeps 75% of their pay after income tax and social security; mortgage rates are about 3.03%; household electricity costs €0.237 per kWh; petrol is €2.10/L, up 24.5% since February. The table below puts 10 everyday money measures for Portugal side by side and ranks each one against the other countries in our data, using official figures from national statistics offices, central banks, the OECD and Eurostat.
Most comparisons of Portugal look at one number at a time. This page gathers the figures that matter for working, buying a home, paying bills and retiring in Portugal, so you can see them together and see how Portugal compares. Each section links to our full guide for that topic, which covers every country and lists the original sources, and each dataset can be downloaded free.
Portugal at a Glance
| Measure | Portugal | Rank |
|---|---|---|
| Minimum wage | €1,073/month (≈ $1,201/month) | 19th lowest of 38 |
| Tax on an average wage | 24.9% (keeps 75%) | 19th lowest of 38 |
| Mortgage rate | 3.03% (new home loans, August 2026) | 6th lowest of 31 |
| Electricity (household) | €0.237/kWh (≈ $0.27) | 15th lowest of 33 |
| Petrol price | €2.10/L (+24.5% since Feb) | 7th highest of 29 |
| State pension age | 66 y 9 m | 10th highest of 39 |
| Pension (share of pay) | 92.7% of net pay | 5th highest of 50 |
| Bank deposit protection | €100,000 per person, per bank | — |
| Inheritance tax (children) | None | — |
| Retirement visa income | €920 a month (+50% spouse) | — |
Rank compares Portugal with the other countries in each dataset; "highest" means the largest value. "—" means the measure isn't ranked.
Minimum Wage in Portugal (2026)
The legal minimum wage in Portugal is €1,073/month. For a month of full-time work that is about $1,201 at current exchange rates, 19th lowest of 38 countries in our comparison.
Full table for every country, with sources: Minimum Wage by Country 2026: Hourly and Monthly Rates in US Dollars. Download the data (CSV).
Income Tax and Take-Home Pay in Portugal
A single worker on the average wage in Portugal (about $46,000 at purchasing-power parity) pays 24.9% of gross pay in income tax and employee social security, so they keep 75%. That is 19th lowest of 38 countries, against an OECD average of 25.1%.
Income tax and employee social security take 24.9% of pay at the average wage, 20.9% at two-thirds of it and 32.2% at 1.67 times it. Including employer contributions, the total tax wedge is 39.3% of labour costs.
Full table for every country, with sources: Income Tax by Country 2026: How Much of Your Salary You Keep in 38 Countries. Download the data (CSV).
Mortgage Rates in Portugal (2026)
The typical mortgage rate in Portugal is 3.03% (new home loans, August 2026), 6th lowest of 31 countries; the euro area average is 3.6%.
Up 0.20 points since February 2026 (2.83%). Monthly payment per €100,000 over 25 years: €476.
Full table for every country, with sources: Mortgage Rates by Country 2026: Where Buying a Home Costs the Most. Download the data (CSV).
Electricity Prices in Portugal
Households in Portugal pay about €0.237 per kWh of electricity (about $0.27), 15th cheapest of 33 countries; the EU average is €0.283. Change: −2.8% vs late 2025.
Household gas: €0.126 per kWh. Typical household using 2,500–5,000 kWh a year, all taxes included, January–June 2026.
Full table for every country, with sources: Electricity Prices by Country 2026: What Households Pay per kWh, and What the Iran War Means for Bills. Download the data (CSV).
Petrol Prices in Portugal Since the Iran War
Petrol in Portugal costs €2.10/L (week of 19 October 2026), up 24.5% from €1.69/L in the week before the Iran war began. It peaked at €2.11/L (12 Oct). At about $2.35 a litre it is 7th most expensive of 29 countries, and the rise is 15th smallest of 29 countries.
Full table for every country, with sources: Petrol Prices Since the Iran War: How Much They Have Risen in 35 Countries. Download the data (CSV).
Retirement Age in Portugal
The state pension age in Portugal is 66 y 9 m for people reaching it in 2026; the earliest you can claim is 60 with long careers (reduced). Future change: Linked to life expectancy.
Full table for every country, with sources: Retirement Age by Country 2026: State Pension Ages in 39 Countries. Download the data (CSV).
How Much the State Pension Pays in Portugal
A full-career average earner in Portugal can expect a mandatory pension worth about 92.7% of their previous net pay, 5th most generous of 50 countries (OECD average 63.2%). Low earner (half the average wage): 91%. High earner (twice the average): 94%.
Full table for every country, with sources: State Pension Amounts by Country 2026: How Much Retirees Actually Get. Download the data (CSV).
How Much of Your Money Is Protected in Portugal
Bank deposits in Portugal are protected up to €100,000 per depositor, per bank (about $111,900), the limit set by EU law for every member state. Harmonised by EU law; local-currency equivalent outside the euro. Money in payment apps and e-money wallets is usually not covered.
Full table for every country, with sources: Deposit Insurance Limits by Country 2026: How Much of Your Money Is Protected. Download the data (CSV).
Inheritance Tax in Portugal
Portugal has no inheritance tax for children. 10% stamp duty applies to other heirs.
Full table for every country, with sources: Inheritance Tax by Country 2026: Thresholds, Rates and Who Pays. Download the data (CSV).
Retiring to Portugal From Abroad
Foreign retirees usually move to Portugal on the D7 passive income visa, which requires €920 a month (+50% spouse) (about $1,030 a month). Prices are about 60% of US levels, so $2,000 buys roughly what $3,310 would in the US. Foreign pensions taxed at normal Portuguese rates since the NHR regime closed to new applicants in 2024.
Full table for every country, with sources: Best Countries to Retire Abroad on $2,000 a Month: Costs, Visas and Taxes Compared. Download the data (CSV).
Frequently Asked Questions
What is the minimum wage in Portugal in 2026?
The minimum wage in Portugal is €1,073/month, about $1,201 a month for full-time work. That is 19th lowest of 38 countries.
How much tax do you pay in Portugal?
On the average wage, income tax plus employee social security in Portugal take 24.9% of gross pay, so a single worker keeps 75% (OECD average: 25.1%).
What are mortgage rates in Portugal right now?
Mortgage rates in Portugal are about 3.03% (new home loans, August 2026). Up 0.20 points since February 2026 (2.83%). Monthly payment per €100,000 over 25 years: €476.
How much does electricity cost in Portugal?
Household electricity in Portugal costs about €0.237 per kWh (about $0.27), 15th cheapest of 33 countries.
How much has petrol gone up in Portugal?
Petrol in Portugal has risen 24.5% since February 2026, from €1.69/L to €2.10/L.
What is the retirement age in Portugal?
The state pension age in Portugal is 66 y 9 m in 2026, with the earliest claim at 60 with long careers (reduced). Legislated change: Linked to life expectancy.
How much is the state pension in Portugal?
In Portugal, mandatory pensions replace about 92.7% of an average earner's net pay after a full career, against an OECD average of 63.2%.
How much money is insured in a bank in Portugal?
Deposits in Portugal are insured up to €100,000 per person, per bank.
Is there inheritance tax in Portugal?
No. Portugal does not tax inheritances passed to children. 10% stamp duty applies to other heirs.
How much income do you need to retire in Portugal?
The D7 passive income visa asks for €920 a month (+50% spouse).
Compare Portugal With Other Countries
See every country side by side in Compare Countries 2026: Minimum Wage, Tax, Mortgage Rates, Energy and Pension Age in 35 Countries, or open a country page: Australia, Austria, Belgium, Brazil, Canada, China, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, India, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, the United Kingdom, the United States.
Related Guides
- Minimum Wage by Country 2026: Hourly and Monthly Rates in US Dollars
- Income Tax by Country 2026: How Much of Your Salary You Keep in 38 Countries
- Mortgage Rates by Country 2026: Where Buying a Home Costs the Most
- Electricity Prices by Country 2026: What Households Pay per kWh, and What the Iran War Means for Bills
- Petrol Prices Since the Iran War: How Much They Have Risen in 35 Countries
- Retirement Age by Country 2026: State Pension Ages in 39 Countries
- State Pension Amounts by Country 2026: How Much Retirees Actually Get
- Deposit Insurance Limits by Country 2026: How Much of Your Money Is Protected
- Inheritance Tax by Country 2026: Thresholds, Rates and Who Pays
- Best Countries to Retire Abroad on $2,000 a Month: Costs, Visas and Taxes Compared
- How Much Emergency Fund Do You Need? (With Calculator)
Figures checked against the official sources listed in each linked guide in October 2026. Exchange-rate conversions are approximate. This page is for information and isn't financial or legal advice.
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