Skyline of Contagem
Cost of Living: 94 673,846

Contagem, Brazil

A major industrial city in Greater Belo Horizonte, known for its manufacturing base and the Itaú Power Plant lake area.

Updated August 11, 2026
Cost of Living 94

Below Average vs Brazil Avg (100)

Housing Index 82

Affordable

Median Income R$45,600

Household income

Unemployment 9.0%

Job market health

Contagem vs Brazil Average

Cost of Living
Contagem: 94
Brazil Avg: 100
Housing Index
Contagem: 82
Brazil Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 18.0%

Economy & Jobs

  • Median Income: R$45,600
  • Unemployment: 9.0%
  • Population: 673,846

Climate

  • Sunny Days: 190/year
  • Summer High: 84°F
  • Winter Low: 58°F
  • Farming Zone: USDA Zone 7a

Housing

  • Median Home: R$280,000
  • 1BR Rent: R$1500/mo

Cost of Living

Contagem's cost of living index is 94 (Brazil average = 100).

CategoryContagemNational AverageDifference
Overall94100-6.0%
Housing82100-18.0%

Data source: IBGE / Numbeo, 2026

Housing Market

MetricValue
Median Home PriceR$280,000
Median Rent (1BR)R$1500/mo
Median Rent (2BR)R$1,875/mo
Price per Sq FtR$186

Data source: FipeZAP / QuintoAndar, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

R$
%
$90,000 down
%
%
R$

Utilities

Estimated monthly utility costs for a typical household in Contagem:

UtilityEstimated Monthly CostNotes
ElectricityR$120
Heating & CoolingN/AEstimated based on local climate.
Cooling (AC)N/AEstimated based on local climate and electricity rates
WaterR$40Includes sewer
Internet (100+ Mbps)R$35Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesR$195Monthly estimate (including heating & cooling)

Data sources: ANEEL, Sabesp, Anatel 2025

Remote Work Score

Contagem scores —/100 for remote work readiness:

Cost of Living
94
Rent
R$1500
Sunny Days
190
Tax
None
Unemployment
9.0%
Climate
84°F / 58°F
Safety
21.5 homicides/100k
Population
673,846
Internet Speed
90 Mbps

Climate

Contagem has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January78°F58°F2.5"
April69°F73°F2.8"
July84°F59°F1.5"
October64°F76°F2.2"
USDA Zone 7a

Mild — wide variety of vegetables, many fruit trees

Natural Hazards

Contagem faces the following natural hazards:

Flood High Risk

Amazon and other major river systems cause flooding.

Wildfire High Risk

Amazon rainforest and Cerrado savanna wildfires.

Heat Wave High Risk

Extreme summer heat in much of the country.

Drought Moderate Risk

Northeast Brazil experiences periodic severe droughts.

Tornado Moderate Risk

Southern Brazil experiences tornadoes.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 18%
  • Property Tax: ~0.5% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 9.0%.

Crime & Safety

Crime rates in Contagem per 100,000 residents:

350.0
Violent Crime
1,500.0
Property Crime
21.5
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: UN Office on Drugs and Crime

Schools & Education

Total Schools

Academic Schedule

School Hours 7:30 AM – 12:30 PM
Academic Year February to December
Term System Semester — 1st (Feb-Jun), 2nd (Jul-Dec)
Summer Break December to February (8 weeks)
Winter Break July (2 weeks)
Spring Break Carnival in February/March (1 week)

Many schools operate in morning or afternoon shifts. Carnival is a national holiday break.

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in Contagem, Brazil?

The cost of living index in Contagem is 94, which is Lower the Brazil national average of 100.

How much does it cost to buy a home in Contagem?

The median home price in Contagem is R$280,000. The housing index is 82.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Contagem is approximately R$1500/mo.

Does Contagem, MG have income tax?

Contagem is in MG, which has no income tax.

What is the climate like in Contagem?

Contagem enjoys approximately 190 sunny days per year. Summer highs reach around 84°F, while winter lows can drop to around 58°F.

Data Sources

  • Cost of Living: IBGE / Numbeo, 2026
  • Housing Data: FipeZAP / QuintoAndar, 2026
  • Income & Employment: IBGE Continuous PNAD, 2024
  • Utilities ANEEL, Sabesp, Anatel 2025

Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.