The average and minimum salary in Lisbon, Portugal are important indicators of how the Portuguese economy is facing its current challenges
If you considering to relocate to Portugal, the average and minimum salary in Lisbon can give a good idea about the country’s economy. Even if Portugal still has the position of the poorest country in Western Europe, its attractiveness has grown recently. Let’s learn why Lisbon is attracting more visitors and immigrants below.
Lisbon is the capital of Portugal and in the recent years, one of the most attractive cities in Europe. Its pleasant climate and good infrastructure are behind the reasons attracting foreigners to visit and move to Portugal.
Let’s analyse the minimum and average wages in the Portuguese capital, and compare with the purchase power residents of Portugal have in Lisbon.
Minimum Salary in Lisbon, Portugal
The official minimum salary in Lisbon, Portugal is of 635 euros per month as of 2020. That is the same minimum salary as in the rest of Portugal, with the exception of Azores and Madeira. In this islands, part of Portugal, the official minimum wage is slightly higher than the rest o the country. Source: Economias (in Portuguese).
The official minimum salary in Portugal is the lowest in Western Europe. In fact it is even lower than some countries in Central Europe, such as Slovenia.
Average Salary in Lisbon
Average wages in Lisbon are considerably higher than the official minimum salary. The average salary in Lisbon is around 910 euros, which is the highest in Portugal.
The average wages in Portugal are still rather low figures for Western European standards. However, the quality of life in Portugal still manages to attract many new residents to the country. Many of them come from Brazil, France, Former Portuguese colonies in Africa and Eastern Europe.
Lisbon, Portugal Economic Outlook
The economy of Portugal is heavily based in the tertiary sector. In Lisbon, the situation is not different, with most jobs available in the services industry.
If you are considering moving to Portugal, you may find a number of opportunities in tourism related industries. Since Portugal has been experiencing a constant growth in the number of tourists, travel companies are expanding. Among these, you can find good opportunities in hotels, restaurants and guided tours services.
Portugal is also a good hub for costumer support services. As Portuguese speakers are often fluent in many European languages (mostly Romance ones), many multinational companies have support offices in Lisbon.
It is important to remember that real estate prices have been experiencing a sharp increase during the past years in Lisbon. For that reason, you may also want to consider other cities in Portugal, depending on the main purpose of your visit.
Interesting Resources for Working and Living Abroad
Are you really considering to work and live abroad, temporarily or permanently? Below are some resources that might be useful for you around the web:
World Nomads: this company provides travel insurance in most countries around the world, and it might be a good option if you going for a long travel.
Jetradar: search for flights and compare prices with Jetradar.
Booking.com: Booking.com is the best choice for finding accommodation for your next trip, with a wide variety of choices for all types of travelers.
You may also want to check our website guides:
Train Travel Guide: in our railway travel guide, you will learn how to choose and ride the most scenic train routes around the world, always in the most comfortable way with optimal prices to enhance your travel experience.
Dating Guide: this dating guide will help you not only to find love but to understand the social customs of each country. It will also help you to avoid dating scams around the internet and find people really interested in honest relationships.
Work Abroad Guide: Learn how to find a job and employment requirements in different countries. From the initial job search, to bargaining salaries, this guide will help you to find job in most countries around the world. It also covers about remote work and TEFL jobs.