Compared to many Western European countries, Portugal is relatively affordable. The cost of living, including accommodation, dining, and transportation, is generally lower than in countries like the UK, France, or Germany. However, prices can vary depending on the location within Portugal. Major cities like Lisbon and Porto or popular tourist destinations in the Algarve region can be more expensive, while smaller towns and rural areas tend to be cheaper. As a traveler, your expenses will depend on your preferences, itinerary, and the level of luxury you desire during your trip.