Portugal · Algarve
How much home does a salary buy in Faro?
In Faro, the average net yearly salary buys 6.3 m² of apartment. A 60 m² flat costs 9.6 full years of salary.
Price per m²€2,519median, n=732, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,3162024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²9.6
m² per year of pay6.3 m²
A Data quality: Official city data
Prices and wages in Faro, 2021–2026
Price and wage are from the same year. Empty cells mean the official figure is not published (yet).
| Year | Price €/m² | Net wage €/month | Years of pay for 60 m² |
|---|---|---|---|
| 2021. | €1,891 (n=913) | €1,087 | 8.7 |
| 2022. | €2,294 (n=960) | €1,125 | 10.2 |
| 2023. | €2,369 (n=763) | €1,189 | 10.0 |
| 2024. | €2,519 (n=732) | €1,316 | 9.6 |
| 2025. | €3,098 (n=890) | – | – |
| 2026. | €3,324 (n=770) | – | – |