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Due to austerity measures, the cost of living is increasing quite a lot. Taxes are increasing on basic goods such as electricity.

There are actually a lot of people in a lot of trouble in the country, as they cannot pay their bills anymore. According to [1] (Portuguese data website, you might want to use Google translate), the average monthly salary for a qualified professional was 699€ in 2009. For high management, it was around 2.158€. The national monthly average was 867€. So when it comes to salaries straight out of college, I would say that 1000€/month is probably in the top 70%.

I got the chance to be an exchange student in Finland last semester, and I could see that over there, computer engineers are a lot more valued than here. Due to the austerity measures, the cost of living in scandinavian countries is not much greater than the cost of living in Portugal (we are losing regalies such as 50% discount on public transportation for students).

[1] http://www.pordata.pt/Portugal/Remuneracao+base+media+mensal...



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