Is Benfica Expensive?

Lisbon, Portugal

-18% vs Lisbon avg

Living in Benfica, Lisbon

Benfica is one of the most affordable neighborhoods in Lisbon, with a cost of living index of 28.5 — that is -18% compared to the Lisbon average. Ranked #17 of 20, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around €695/month, compared to a range of €610 in Amadora to €1,085 in Chiado.

Monthly Budget Breakdown

For a typical resident of Benfica, housing takes up roughly 37% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately €27,811 before tax.

Typical Salaries in Benfica

Salaries in Benfica reflect the local cost of living. Based on the neighborhood COLI of 28.5:

After tax and deductions of 29.0% in Portugal, take-home pay for someone earning €27,811 would be roughly €19,746/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

28.5
COLI Index
0.82x
vs City Avg
€695
Est. 1BR Rent
#17
of 20 Areas
29.0%
Total Deductions

Tax & Deductions in Benfica

Estimated annual deductions on a €18,124 salary in Benfica, Lisbon (local employee).

Income Tax
18%
Social Security
11.0%
Total Deductions: 29.0%
Est. Take-Home: €12,859/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Benfica would need to be elsewhere:

City Currency Equivalent
New York USD $21,375
London GBP £18,395
Dubai AED AED 106,956

Other Neighborhoods in Lisbon

Neighborhood COLI Multiplier vs Avg
Chiado 44.4 1.28x +28%
Príncipe Real 43.4 1.25x +25%
Bairro Alto 39.9 1.15x +15%
Estrela / Lapa 38.9 1.12x +12%
Alfama 38.2 1.10x +10%

View all 20 neighborhoods in Lisbon →

Convert Your Salary

See exactly what you need to earn in Benfica, Lisbon to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Benfica:

Pingshan, Shenzhen Poblats Marítims, Valencia Bonfim, Porto Narvarte, Mexico City Tres Cruces, Montevideo Spinut, Split

Frequently Asked Questions

Is Benfica expensive in Lisbon?

Benfica is one of the more affordable neighborhoods in Lisbon. It costs about -18% less than the city average, ranking #17 out of 20 neighborhoods.

How does Benfica compare to the Lisbon average?

The cost of living in Benfica is below the Lisbon average. With a multiplier of 0.82x, everyday expenses including rent, food, and transportation are -18% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.