“Average rent in Lisbon is now just over €2,000, while the minimum wage is about €760,” Antonio Fernandes writes in an article looking at people who are on the verge of being priced out of Lisbon, such as Joelsy Pacheco, who works “two jobs as a nurse on average for 16 hours a day.”
Portugal’s rents hit record high amid cost of living crisis | Reuters
April 3, 2023
“Data showed the asking price of new leases on houses and apartments jumped 10.6% year-on-year to a median of 6.91 euros ($7.49) per square metre,” Reuters writes.
