Portugal · Região Autónoma da Madeira
How much home does a salary buy in Funchal?
In Funchal, the average net yearly salary buys 4.6 m² of apartment. A 60 m² flat costs 13.1 full years of salary.
Price per m²€3,419median, n=1741, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,3022024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²13.1
m² per year of pay4.6 m²
A Data quality: Official city data
Prices and wages in Funchal, 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. | €1,931 (n=1509) | €1,092 | 8.8 |
| 2022. | €2,340 (n=1637) | €1,120 | 10.4 |
| 2023. | €2,784 (n=1427) | €1,191 | 11.7 |
| 2024. | €3,419 (n=1741) | €1,302 | 13.1 |
| 2025. | €3,669 (n=1215) | – | – |
| 2026. | €4,087 (n=1093) | – | – |