Portugal · Algarve
How much home does a salary buy in Monchique?
In Monchique, the average net yearly salary buys 9.9 m² of apartment. A 60 m² flat costs 6.0 full years of salary.
Price per m²€1,250median, n=101, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,0362024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²6.0
m² per year of pay9.9 m²
B Data quality: Official, one limitation
Prices and wages in Monchique, 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. | €833 (n=101) | €848 | 4.9 |
| 2022. | €1,114 (n=119) | €903 | 6.2 |
| 2023. | €1,057 (n=99) | €989 | 5.3 |
| 2024. | €1,250 (n=101) | €1,036 | 6.0 |
| 2025. | €1,636 (n=125) | – | – |
| 2026. | €1,628 (n=104) | – | – |