Cost of Living in Madeira, 2026
Madeira's cost of living sits below Lisbon and Porto for most categories — groceries, eating out, mobile, gym, and transport — while offering year-round mild weather and EU residency simplicity. Most of Funchal's restaurants serve full meals for €10–€18, mobile plans (MEO, NOS, Vodafone) start around €15/month for unlimited data, and a monthly gym membership is €30–€50.
Short-term apartment rentals vary widely by season. Long-stay rates at the Funchal City Apartment apply automatically for bookings of 30+ nights. Local supermarkets (Pingo Doce, Continente, Lidl) carry the same brands as mainland Portugal at similar prices. The farmers market (Mercado dos Lavradores) is the cheapest source for tropical fruit and fresh fish.