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Cost of Living in Lagoa Formosa

Lagoa Formosa, Minas Gerais, Brazil · Population 18,904

▼ -16% vs Brazil average

Single person, monthly (incl. rent)R$2,026 ($375)
Couple, monthlyR$3,591 ($665)
Family of four, monthlyR$4,641 ($859)

Estimated Prices in Lagoa Formosa

ExpenseEstimated costBasis
Meal at an inexpensive restaurantR$21.87 ($4.05)per meal
Three-course meal for two, mid-rangeR$87.48 ($16.20)per meal
CappuccinoR$6.56 ($1.22)each
Monthly groceries (single person)R$496 ($91.80)per month
Monthly public transport passR$80.19 ($14.85)per month
Basic utilities for an 85m² apartmentR$211 ($39.15)per month
Internet (60 Mbps, unlimited)R$61.24 ($11.34)per month
Fitness club membershipR$61.24 ($11.34)per month
Cinema ticketR$16.04 ($2.97)each
One-bedroom apartment in city centreR$817 ($151)per month
One-bedroom apartment outside centreR$568 ($105)per month
Three-bedroom apartment in city centreR$1,704 ($316)per month

Salary & Budget Planning

The estimated average net salary in Lagoa Formosa is R$3,159 ($585) per month. To live comfortably — covering the full single-person budget of R$2,026 ($375) with about 30% left over for savings — you would need a net income of roughly R$2,634 ($488) per month.

Housing takes the largest share: rent for a one-bedroom outside the centre (R$568 ($105)) represents about 28% of the total single-person budget.

Compare Lagoa Formosa

Lagoa Formosa vs São PauloLagoa Formosa vs Rio de JaneiroLagoa Formosa vs Belo HorizonteLagoa Formosa vs FortalezaLagoa Formosa vs BrasíliaLagoa Formosa vs Teresina

Nearby Cities

Patos de Minas

24 km away · Minas Gerais

Carmo do Paranaíba

27 km away · Minas Gerais

Presidente Olegário

40 km away · Minas Gerais

Serra do Salitre

47 km away · Minas Gerais

Rio Paranaíba

49 km away · Minas Gerais

Patrocínio

64 km away · Minas Gerais

São Gotardo

70 km away · Minas Gerais

Ibiá

79 km away · Minas Gerais

Other Major Cities in Brazil

São Paulo

São Paulo · pop. 23,086,000

R$3,006 ($557) / mo

Rio de Janeiro

Rio de Janeiro · pop. 12,592,000

R$2,956 ($547) / mo

Belo Horizonte

Minas Gerais · pop. 5,328,000

R$2,956 ($547) / mo

Fortaleza

Ceará · pop. 4,167,996

R$2,610 ($483) / mo

Brasília

Distrito Federal · pop. 2,996,899

R$2,610 ($483) / mo

Teresina

Piauí · pop. 2,729,527

R$2,610 ($483) / mo

Salvador

Bahia · pop. 2,417,678

R$2,610 ($483) / mo

Manaus

Amazonas · pop. 2,303,732

R$2,610 ($483) / mo

Living in Lagoa Formosa

Lagoa Formosa is one of the key cities in Brazil. The estimated monthly cost of living for a single person is R$2,026 ($375), placing it below the national average. Housing represents the largest expense, with a one-bedroom apartment outside the city centre costing around R$568 ($105) per month.

For families, the estimated budget rises to R$4,641 ($859) per month, driven mainly by larger housing needs and increased food and transport spending. Couples can expect to spend approximately R$3,591 ($665) monthly.

The average estimated net salary in Lagoa Formosa is R$3,159 ($585). To maintain a comfortable lifestyle with room for savings, a single person typically needs a net income of at least R$2,634 ($488) per month.

Frequently Asked Questions

Is Lagoa Formosa expensive to live in?
A single person needs an estimated R$2,026 ($375) per month in Lagoa Formosa including rent outside the city centre. That is 16% less than the national average for Brazil.
What salary do you need to live comfortably in Lagoa Formosa?
A net salary of around R$2,634 ($488) per month lets a single person cover all estimated expenses in Lagoa Formosa with roughly 30% left for savings. The estimated average net salary in Lagoa Formosa is R$3,159 ($585).
How much is rent in Lagoa Formosa?
A one-bedroom apartment costs an estimated R$817 ($151) per month in the city centre and R$568 ($105) outside the centre. A three-bedroom in the centre runs about R$1,704 ($316).
Is Lagoa Formosa cheaper than Brazil on average?
Yes — Lagoa Formosa is estimated to be about 16% cheaper than the Brazil average, making it a relatively affordable option in the country.
What is the cost of groceries in Lagoa Formosa?
Monthly groceries for one person are estimated at R$496 ($92) in Lagoa Formosa. A meal at an inexpensive restaurant costs about R$22 ($4) and a cappuccino runs around R$7 ($1).
How do transport costs in Lagoa Formosa compare?
A monthly public transport pass in Lagoa Formosa is estimated at R$80 ($15). Transport makes up a small share of the total budget compared to housing and food.
Figures for Lagoa Formosa are estimates based on Brazil national averages adjusted for city size (population 18,904). Last model update: July 2026. How we calculate.