Lisbon vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Lisbon Reykjavik
🚶 Cost of living one person
$1966
$3205
👨‍👩‍👧‍👦 Cost of living Family
$4479
$6762
🏠 One person rent
$1259
$1954
🏘️ Family rent
$2162
$2956
🍽️ Food expenses
$446
$904
🚐 Transport expenses
$106
$100
💳 Monthly salary after tax
$1605
$4423
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
8 km
4 km
🎓 Higher education
93
53
😀 Quality of life
83
88
🏙️ Population
546K
139K

The cost of living in Lisbon is 39% less expensive than in Reykjavik. Cities ranked 2123rd and 119th ($1966 vs $3205) in the list of the most expensive cities in the world and ranked 1st and 1st in Portugal and Iceland, respectively. Check Portugal vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.8 months in Lisbon compared to 1.4 months in Reykjavik. Lisbon ranked 1st best city to live in Portugal vs Reykjavik ranked 1st in Iceland, while ranked 532nd and 258th among best cities to live in the world.

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Prices in Lisbon vs Reykjavik

Prices for goods and services in Lisbon and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Lisbon Reykjavik
Eating Out
🍱 Lunch Menu
$14.7
$28.3
🥂 Dinner in a Restaurant, for 2
$57.4
$97.9
🥪 Fast food meal, equiv. McDonald's
$11.2
$20
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.26
$13.4
☕ Cappuccino
$3.71
$6.5
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.4
$3.26
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1406
$2129
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1033
$1743
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2582
$3328
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1788
$2660
🔌 Utility Bill one person, electricity, heating, water, etc.
$118
$52.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$181
$80.3
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$34
$82
🏦 Mortgage Interest Rate for 20 Years
3.6%
8.69%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$7840
$7748
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4420
$6175
Transportation
🚌 Local transport ticket
$2.3
$5.38
🎟️ Monthly ticket local transport
$46
$90.3
🚕 Taxi Ride, 8 km or 5 mi
$14.9
$28.9
⛽ Gas / Petrol, 1 L or 0.26 gal
$2.16
$2.12
Groceries
🥛 Milk, 1 L or 1 qt
$1.19
$2.04
🍞 Bread, 0.5 kg or 1.1 lb
$1.72
$4.21
🍚 Rice, 1 kg or 2.2 lb
$1.53
$3.46
🥚 Eggs, x12
$4.49
$6.99
🧀 Cheese, 1 kg or 2.2 lb
$13.7
$20.2
🐔 Chicken Breast, 1 kg or 2.2 lb
$8.13
$24.8
🥩 Round Steak, 1 kg or 2.2 lb
$17.6
$44.1
🍏 Apples, 1 kg or 2.2 lb
$2.31
$3.41
🍌 Banana, 1 kg or 2.2 lb
$1.75
$2.66
🍊 Oranges, 1 kg or 2.2 lb
$1.91
$3.17
🍅 Tomato, 1 kg or 2.2 lb
$2.58
$5.99
🥔 Potato, 1 kg or 2.2 lb
$1.77
$3.65
🧅 Onion, 1 kg or 2.2 lb
$2.04
$1.89
🌊 Water, 1 L or 1 qt
$0.58
$1.16
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.76
$3
🍾 Wine (mid-priced), 750 mL bottle
$6.15
$23.2
🍺 Beer, 0.5 L or 16 fl oz
$1.3
$3.72
🚬 Cigarette pack
$6.96
$13.5
💊 Cold medicince, 1 week
$7.01
$11.6
🧴 Hair Shampoo
$4.1
$5.76
🧻 Toilet paper, 4 rolls
$2.3
$5.18
👄 Toothpaste, 1 tube
$2.43
$3.63
Other
🏋️ Gym Membership, 1 month
$43.7
$90.3
🎫 Cinema Ticket, 1 person
$8.94
$19.2
👩‍⚕️ Doctor's visit
$92.4
$92.8
💇 Haircut, simple
$16.7
$47.2
👖 Brand Jeans
$107
$146
👟 Brand Sneakers
$111
$178
👶 Daycare or Preschool, 1 month
$644
$472
🏫 International Primary School, 1 year
$17788
$30029

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Lisbon

Distance City Cost of living
4.1 km or 2.6 mi Almada
$1665
6.9 km or 4.3 mi Amadora
$1500
8.8 km or 5.5 mi Queluz
$1518
9.4 km or 5.8 mi Odivelas
$1516
10 km or 6.3 mi Barreiro
$1456
11 km or 6.7 mi Amora
$1356
12 km or 7.3 mi Seixal
$1410
12 km or 7.4 mi Oeiras
$1705
13 km or 8 mi Agualva-Cacem
$1518
13 km or 8.1 mi Loures
$1518
17 km or 10 mi Montijo
$1666
18 km or 11 mi Moita
$1503
18 km or 11 mi Algueirao-Mem Martins
$1499
21 km or 13 mi Sintra
$1506
22 km or 14 mi Cascais
$1520
28 km or 17 mi Mafra
$1492
29 km or 18 mi Palmela
$1454
30 km or 19 mi Vila Franca de Xira
$1221
31 km or 19 mi Sesimbra
$1317
32 km or 20 mi Setubal
$1459
39 km or 24 mi Alenquer
$1394
42 km or 26 mi Torres Vedras
$1638
42 km or 26 mi Benavente
$1383
47 km or 29 mi Azambuja
$1381
47 km or 29 mi Salvaterra de Magos
$1387
58 km or 36 mi Cartaxo
$1308
61 km or 38 mi Lourinha
$1519
71 km or 44 mi Santarem
$1163
72 km or 45 mi Almeirim
$1195
73 km or 45 mi Peniche
$1684
77 km or 48 mi Caldas da Rainha
$1380
90 km or 56 mi Santiago do Cacem
$1432
94 km or 58 mi Alcobaca
$1378
101 km or 63 mi Torres Novas
$1277
103 km or 64 mi Porto de Mos
$1363
111 km or 69 mi Evora
$1465
115 km or 72 mi Ourem
$1297
117 km or 72 mi Marinha Grande
$1370
118 km or 73 mi Tomar
$1107
118 km or 73 mi Abrantes
$1231

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$3092
9.8 km or 6.1 mi Hafnarfjorur
$3106
38 km or 24 mi Keflavik
$2581
247 km or 153 mi Akureyri
$2921
795 km or 494 mi Torshavn
$2017
1204 km or 748 mi Inverness
$2005
1230 km or 764 mi Elgin
$1523
1300 km or 808 mi Derry
$1646
1309 km or 813 mi Greenock
$1647
1321 km or 821 mi Aberdeen
$1806
1325 km or 823 mi Perth
$1640
1328 km or 825 mi Stirling
$1835
1331 km or 827 mi Paisley
$1885
1333 km or 828 mi Alloa
$1842
1337 km or 831 mi Glasgow
$2114
1339 km or 832 mi Dundee
$1593
1340 km or 833 mi Omagh
$1763
1341 km or 833 mi Cumbernauld
$1611
1342 km or 834 mi Irvine
$1704
1348 km or 838 mi East Kilbride
$1878
1349 km or 838 mi Kilmarnock
$1600
1351 km or 839 mi Dunfermline
$1750
1353 km or 841 mi Hamilton
$1831
1357 km or 843 mi Ayr
$1586
1360 km or 845 mi Kirkcaldy
$1794
1365 km or 848 mi Livingston
$1760
1372 km or 852 mi Edinburgh
$2295
1382 km or 859 mi Newtownabbey
$1820
1387 km or 862 mi Belfast
$1878
1390 km or 864 mi Bangor
$1485
1391 km or 864 mi Lisburn
$1923
1401 km or 871 mi Alesund
$2021
1413 km or 878 mi Galway
$3003
1425 km or 886 mi Dundalk
$2264
1431 km or 889 mi Dumfries
$1456
1433 km or 891 mi Nuuk
$2508
1441 km or 895 mi Molde
$2101
1454 km or 903 mi Kristiansund
$1944
1455 km or 904 mi Drogheda
$2518
1455 km or 904 mi Bergen
$2336