Savings rate in Lisbon — are you on track?
Lisbon is a high cost city. Lisbon median rent reached €1,200/month in 2024, up over 60% in five years driven by tourism and remote worker demand. Lisbon earners face a growing affordability squeeze — rising rents against a relatively low local wage base compress savings rates.
Median rent
€1,200/mo
Lisbon 2023
Typical other costs
€900/mo
excl. housing
Savings benchmark
5–14%
mid-income EUR
Pre-set for Lisbon — adjust to your situation
What a good savings rate looks like in Lisbon
Using data from INE Portugal HBS 2022/23, people at mid-range incomes in Portugal typically save between 5–14% of gross income. In a high cost city like Lisbon, housing costs can compress that meaningfully — especially for renters.
Source: INE Portugal HBS 2022/23. Benchmarks shown for mid-income earners in Portugal.
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