For a single person living in Lisbon/Porto looking to rent a T1 in the proximity of the city (not center), around 2500-3000 eur gross (1850-2100 eur net income).
I was making 2100 eur gross salary (nearly double of what the average gross salary is in Portugal) and couldn’t comfortably rent a T1 using a simple finance rule such as 50/30/20 (50 % of net salary for rent, bills and groceries, 30% for wants and 20% for savings). I would’ve to ask for help from family to help with expenses (and all this is without factoring in a car as well).
More often than not, you’ll be paying a minimum of 500-700 eur and you’ll be sharing apartment with 1-4 other people in the main cities
Yikes. What do you recommend as a min salary these days.
For a single person living in Lisbon/Porto looking to rent a T1 in the proximity of the city (not center), around 2500-3000 eur gross (1850-2100 eur net income).
I was making 2100 eur gross salary (nearly double of what the average gross salary is in Portugal) and couldn’t comfortably rent a T1 using a simple finance rule such as 50/30/20 (50 % of net salary for rent, bills and groceries, 30% for wants and 20% for savings). I would’ve to ask for help from family to help with expenses (and all this is without factoring in a car as well).
More often than not, you’ll be paying a minimum of 500-700 eur and you’ll be sharing apartment with 1-4 other people in the main cities