Portugal · Região Autónoma da Madeira
How much home does a salary buy in Machico?
In Machico, the average net yearly salary buys 7.6 m² of apartment. A 60 m² flat costs 7.9 full years of salary.
Price per m²€1,908median, n=196, 2024 · INE, Estatísticas de preços da habitação ao nível local (Metodologia 2022): 0012235 (apartments), 0012234 (all dwellings), 0014363 (number of sales)
Average net wage€1,2072024 · INE / MTSSS-GEP, Quadros de Pessoal: 0012656 Ganho médio mensal por município
Years of pay for 60 m²7.9
m² per year of pay7.6 m²
B Data quality: Official, one limitation
Prices and wages in Machico, 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. | €1,025 (n=118) | €1,005 | 5.1 |
| 2022. | €1,290 (n=146) | €1,024 | 6.3 |
| 2023. | €1,236 (n=144) | €1,083 | 5.7 |
| 2024. | €1,908 (n=196) | €1,207 | 7.9 |
| 2025. | €1,904 (n=129) | – | – |
| 2026. | €2,070 (n=129) | – | – |