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Just answered in your other post, for mainland Portugal it's around 485€ per month, plus you have to have Health Insurance
 

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Personally I'd head for the Portuguese mainland in preference to either Madeira or Canaries and Portugal in preference to Spain, find Portugal a far friendlier and easier place to live than Spain, even with the hoops you sometimes need to jump through:)

Lived on an island before and yes Madeira and Canaries have their merits, but I found Island living too restrictive.
 

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Ships to the Islands, believe it's only inter island services no longer any ferry services from mainland.

The Portimao service closed Jan 2012, there are cargo and cruise ships that will take passengers but pricey, the only realistic service is air.
 
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