Is Penha de França Expensive?

Lisbon, Portugal

-15% vs Lisbon avg

Living in Penha de França, Lisbon

Penha de França is one of the most affordable neighborhoods in Lisbon, with a cost of living index of 29.5 — that is -15% compared to the Lisbon average. Ranked #16 of 20, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around €721/month, compared to a range of €610 in Amadora to €1,085 in Chiado.

Monthly Budget Breakdown

For a typical resident of Penha de França, housing takes up roughly 38% 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 €28,828 before tax.

Typical Salaries in Penha de França

Salaries in Penha de França reflect the local cost of living. Based on the neighborhood COLI of 29.5:

After tax and deductions of 29.3% in Portugal, take-home pay for someone earning €28,828 would be roughly €20,382/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

29.5
COLI Index
0.85x
vs City Avg
€721
Est. 1BR Rent
#16
of 20 Areas
29.3%
Total Deductions

Tax & Deductions in Penha de França

Estimated annual deductions on a €18,760 salary in Penha de França, Lisbon (local employee).

Income Tax
18%
Social Security
11.0%
Total Deductions: 29.3%
Est. Take-Home: €13,260/yr

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

Salary Equivalents

What a $75,000 USD salary in Penha de França would need to be elsewhere:

City Currency Equivalent
New York USD $22,125
London GBP £19,040
Dubai AED AED 110,709

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 Penha de França, Lisbon to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Penha de França:

Benimaclet, Valencia Algirós, Valencia Petaling Jaya, Kuala Lumpur SM 17 (Downtown), Cancún Residencial Campestre, Cancún Mertojak, Split

Frequently Asked Questions

Is Penha de França expensive in Lisbon?

Penha de França is one of the more affordable neighborhoods in Lisbon. It costs about -15% less than the city average, ranking #16 out of 20 neighborhoods.

How does Penha de França compare to the Lisbon average?

The cost of living in Penha de França is below the Lisbon average. With a multiplier of 0.85x, everyday expenses including rent, food, and transportation are -15% 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.