Cost of living in Porto

Accommodation, utilities and bills

In Porto, monthly rent can range from €300 to €700, depending on the type of accommodation and its location. Shared apartments and student residencies are the most common options. If you’re staying in a shared apartment, expect rent closer to the lower end, while student residencies may cost slightly more. Utility costs usually range from €50 to €100 per month, depending on your accommodation type, covering essentials like electricity and internet.

EU students can use their European Health Insurance Card (EHIC) for free or reduced-cost healthcare. Non-EU students may need private health insurance, which costs around €40 to €80 per month, depending on the provider.

Public transport

Porto offers affordable public transport options for students and young people. If you’re under 23, your monthly pass is free. For those 24 and older, a monthly pass costs around €30. Public transport in Porto is efficient, with buses, trams and the metro providing easy access to the city and surrounding areas, making it convenient for daily commuting or exploring the city alike. Be sure to get an Andante card for discounted access to the city’s metro, buses and trains.

Food and groceries

On average, a student can expect to spend around €150 to €200 per month on groceries. Weekly grocery expenses typically range from €30 to €50 for basic items like bread, milk, and fresh produce. Supermarkets like Continente, Pingo Doce and Lidl offer affordable options, while local markets are great for fresh, seasonal goods.

Dining out

Porto offers dining options for every budget. For a traditional meal at a local “tasca” (a tavern-style restaurant), you can expect to pay between €8 and €12, typically including soup, a main dish and dessert. If you’re looking for something a bit more upscale, a meal at a mid-range restaurant typically costs between €15 and €25. No matter your budget, Porto’s diverse food scene means you can always find a delicious meal. Don’t miss iconic dishes like francesinha, codfish and pastel de nata and explore the city’s many budget-friendly cafes.

Sport, entertainment and culture

Staying active in Porto is affordable, with gym memberships ranging from €20 to €50 per month. Universities often provide access to sports facilities and fitness classes at reduced rates, typically between €10 and €30. For entertainment, a movie ticket costs around €7, while theater or concert tickets range from €10 to €25, with student discounts available. Museums and galleries are budget-friendly, with entry fees between €2 and €10, and often free for students. Nights out cost around €15 to €30, and the city’s free cultural events and scenic streets offer many low-cost ways to explore.

Education

Tuition fees in Porto vary depending on the program and student origin. EU students typically pay between €1,000 and €2,500 per year for bachelor’s and master’s programs, while non-EU students face higher fees, usually ranging from €3,000 to €8,000 annually. Doctoral programs cost between €2,500 and €6,000. Some universities also charge enrollment fees of €150 to €300. Scholarships and financial aid are available to help with costs, providing opportunities to ease the financial burden of education in Porto.

The cost of living in Porto is relatively affordable, making it an attractive destination for students. There are plenty of budget-friendly options for accommodation, food, transport and entertainment.

When moving to Porto, it’s a good idea to start your accommodation search early, focusing on student residences or shared apartments in areas like Cedofeita, Boavista or Paranhos, which are both affordable and conveniently close to campus. Once you’re settled, take advantage of student discounts to travel to nearby attractions such as the Douro Valley, Matosinhos beaches, or historic cities like Braga and Guimarães. With so much to explore, Porto offers an enriching experience without breaking the bank.

Hopefully by now you have a better understanding of the question: is Porto expensive?

Student Stays at The Social Hub Porto

The Social Hub Porto provides a living experience where comfort meets convenience, all within a lively social atmosphere (be sure to visit the rooftop for stunning views). Our student accommodations are designed to feel just like home, with each room offering modern amenities and a welcoming layout. Enjoy fully furnished spaces with a private bathroom, a study area equipped with high-speed Wi-Fi, and added extras like bed linen and towels. Monthly cleaning services ensure your room stays fresh and inviting, making it easy to focus on what matters most.

Extended stays

For extended stays, The Social Hub offers flexible living arrangements tailored to individual needs. Choose from a variety of room types, designed to cater to different preferences and stay durations. All accommodations include access to shared kitchens where you can cook and socialise, coworking spaces ideal for study sessions, and lively communal areas that foster a sense of community.