Is Chiado Expensive?

Lisbon, Portugal

+28% vs Lisbon avg

Living in Chiado, Lisbon

Chiado is the most expensive area in Lisbon, with a cost of living index of 44.4 — that is +28% compared to the Lisbon average. Only the top 1 of 20 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around €1,085/month, compared to a range of €610 in Amadora to €1,085 in Chiado.

Monthly Budget Breakdown

For a typical resident of Chiado, housing takes up roughly 55% 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 €43,412 before tax.

Typical Salaries in Chiado

Salaries in Chiado reflect the local cost of living. Based on the neighborhood COLI of 44.4:

After tax and deductions of 33.7% in Portugal, take-home pay for someone earning €43,412 would be roughly €28,782/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

44.4
COLI Index
1.28x
vs City Avg
€1,085
Est. 1BR Rent
#1
of 20 Areas
33.7%
Total Deductions

Tax & Deductions in Chiado

Estimated annual deductions on a €28,235 salary in Chiado, Lisbon (local employee).

Income Tax
23%
Social Security
11.0%
Total Deductions: 33.7%
Est. Take-Home: €18,716/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $33,300
London GBP £28,657
Dubai AED AED 166,626

Other Neighborhoods in Lisbon

Neighborhood COLI Multiplier vs Avg
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%
Belém 38.2 1.10x +10%

View all 20 neighborhoods in Lisbon →

Convert Your Salary

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

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Compare Chiado

Chiado vs Bairro Alto Chiado vs Campo de Ourique Chiado vs Príncipe Real Chiado vs Amadora

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Chiado:

Vitacura, Santiago Chamberí, Madrid Siam, Bangkok Phrom Phong, Bangkok Polanco, Mexico City Retiro, Madrid

Frequently Asked Questions

Is Chiado expensive in Lisbon?

Yes, Chiado is one of the more expensive neighborhoods in Lisbon. It costs about +28% more than the city average, ranking #1 out of 20 neighborhoods.

How does Chiado compare to the Lisbon average?

The cost of living in Chiado is significantly above the Lisbon average. With a multiplier of 1.28x, everyday expenses including rent, food, and transportation are +28% 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.