Portugal · Algarve
How much home does a salary buy in Lagos?
In Lagos, the average net yearly salary buys 4.1 m² of apartment. A 60 m² flat costs 14.8 full years of salary.
Price per m²€3,402median, n=945, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,1522024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²14.8
m² per year of pay4.1 m²
A Data quality: Official city data
Prices and wages in Lagos, 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. | €2,201 (n=1063) | €942 | 11.7 |
| 2022. | €2,601 (n=1055) | €980 | 13.3 |
| 2023. | €3,100 (n=900) | €1,050 | 14.8 |
| 2024. | €3,402 (n=945) | €1,152 | 14.8 |
| 2025. | €3,692 (n=1004) | – | – |
| 2026. | €3,868 (n=951) | – | – |