Portugal · Península de Setúbal
How much home does a salary buy in Palmela?
In Palmela, the average net yearly salary buys 9.5 m² of apartment. A 60 m² flat costs 6.3 full years of salary.
Price per m²€1,896median, n=1254, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,5052024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²6.3
m² per year of pay9.5 m²
A Data quality: Official city data
Prices and wages in Palmela, 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. | €1,259 (n=1392) | €1,165 | 5.4 |
| 2022. | €1,517 (n=1285) | €1,288 | 5.9 |
| 2023. | €1,729 (n=1009) | €1,284 | 6.7 |
| 2024. | €1,896 (n=1254) | €1,505 | 6.3 |
| 2025. | €2,263 (n=1283) | – | – |
| 2026. | €2,561 (n=1282) | – | – |