| Canada | Portugal | |
|---|---|---|
| 🚶 Cost of living one person | $1931 | $1160 |
| 👨👩👧👦 Cost of living Family | $4409 | $2697 |
| 🏠 One person rent | $1142 | $679 |
| 🏘️ Family rent | $1926 | $1175 |
| 🍽️ Food expenses | $536 | $316 |
| 🚐 Transport expenses | $125 | $50.8 |
| 💳 Monthly salary after tax | $2980 | $1083 |
| 💸 GDP per capita | $54966 | $24275 |
| 😃 Human freedom index | 8.47 | 8.2 |
| ❤️ Life expectancy | 82.6 | 81.1 |
| 👮 Corruption perceptions index | 74 | 62 |
| 🌐 English speaking % | 82.1% | 27.3% |
| 🎓 Higher education | 99 | 87 |
| 😀 Quality of life | 90 | 75 |
| 🏙️ Population | 37M | 10.3M |
The average cost of living in Canada ($1931) is 67% more expensive than in Portugal ($1160). Canada ranked 14th vs 53rd for Portugal in the list of the most expensive countries in the world.
The average after-tax salary is enough to cover living expenses for 1.5 months in Canada compared to 0.9 months in Portugal. Ranked 16th and 37th best countries to live in the world.
Salary adjustment calculator
the estimated difference in money purchasing power
As a seasoned expert in international comparisons and economic indicators, I bring a wealth of knowledge to dissect and interpret the data presented in the article comparing the cost of living between Canada and Portugal. My understanding extends beyond mere statistics, encompassing the broader economic landscape, societal factors, and the nuances that shape these numbers.
Let's delve into the information presented in the article:
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Cost of Living:
- Canada: $1931 for one person, $4409 for a family.
- Portugal: $1160 for one person, $2697 for a family.
The data highlights a substantial cost disparity, with Canada being 67% more expensive on average than Portugal. This places Canada at the 14th position globally in terms of cost of living, while Portugal ranks 53rd.
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Rent:
- One Person:
- Canada: $1142
- Portugal: $679
- Family:
- Canada: $1926
- Portugal: $1175
Rent, a significant component of living expenses, is notably higher in Canada, contributing to the overall cost disparity.
- One Person:
-
Other Expenses:
- Food:
- Canada: $536
- Portugal: $316
- Transport:
- Canada: $125
- Portugal: $50.8
The discrepancies in food and transport expenses further contribute to the overall higher cost of living in Canada.
- Food:
-
Income and Economic Indicators:
- Monthly Salary After Tax:
- Canada: $2980
- Portugal: $1083
- GDP Per Capita:
- Canada: $54,966
- Portugal: $24,275
The after-tax salary in Canada is more than double that of Portugal, reflecting the economic disparity between the two countries. Canada's higher GDP per capita is consistent with its higher cost of living.
- Monthly Salary After Tax:
-
Quality of Life:
- Canada: 90
- Portugal: 75
The quality of life index, factoring in various components, is significantly higher in Canada.
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Other Indices:
- Human Freedom Index:
- Canada: 8.47
- Portugal: 8.2
- Life Expectancy:
- Canada: 82.6
- Portugal: 81.1
- Corruption Perceptions Index:
- Canada: 74
- Portugal: 62
- English Speaking %:
- Canada: 82.1%
- Portugal: 27.3%
- Higher Education:
- Canada: 99
- Portugal: 87
These indices provide a broader perspective on societal factors, governance, and education, all contributing to the overall comparison.
- Human Freedom Index:
In conclusion, the data showcases a comprehensive view of the economic, social, and cultural differences between Canada and Portugal, emphasizing the significant cost disparities and varying quality of life. The article serves as a valuable resource for individuals considering relocation or seeking insights into the economic landscapes of these two countries. Feel free to share this infographic for wider dissemination of this valuable information.
