We Moved from New York to Lisbon on $3,200/month - Here's Exactly How

From $8,400/month in NYC to $3,200 in Lisbon. We break down every single dollar of our first year in Portugal's golden city, from apartment hunting to healthcare.

Why We Left New York

After 11 years in New York City, my partner James and I hit a wall. Our combined take-home was $14,000/month, yet we were saving less than $800 after rent ($4,800), food, transport, and the relentless cost of existing in Manhattan.

We discovered Portugal's D7 Passive Income Visa in early 2025. Within six months we were in Lisbon with two suitcases, two laptops, and a lot of hope.

Our First Year Cost Breakdown

We rented a two-bedroom apartment in Mouraria for €950/month ($1,045). Groceries at the local market run €280/month. A Restaurante Típico dinner for two - including wine - costs €22. We eat out 4–5 times a week.

Monthly Costs in Full

Rent (2BR Mouraria): $1,045
Groceries: $308
Dining out: $220
Transport (Metro passes × 2): $90
Health insurance (private, both): $180
Utilities + Internet: $110
Entertainment + culture: $200
Miscellaneous: $200
Total: $2,353 - well under our $3,200 budget

Healthcare Sorted in One Afternoon

We purchased a Médis expat plan for €160/month combined. Every appointment - GP, dental, physio - was covered. Zero billing surprises in 12 months.

Getting the D7 Visa: Our Step-by-Step

Gather 3 months of bank statements and proof of income
Book a consulate appointment - expect 6–10 weeks lead time
Attend the interview with your full documentation bundle
Receive visa decision within 30–60 days of approval
Register for NIF (tax number) and book your SEF appointment on arrival

Would we do it again? In a heartbeat. Our savings rate went from 5% to 42% in twelve months. That single number makes the entire move worth it.