The islands offer various options for accommodation, food, and activities that cater to different budgets. However, overall Madeira is considered slightly expensive compared to other European destinations.
The cost of living in Madeira is higher than in mainland Portugal due to its isolated location and reliance on imported goods. Accommodation can be pricier during peak seasons such as summer or Christmas holidays. However, there are affordable options like guesthouses or rentals in less central areas. Public transport is also reasonable and efficient with buses running throughout the island.
Food prices vary depending on where you dine; traditional restaurants tend to have lower prices compared to touristy areas or luxury dining venues.