Lisbon vs Reykjavik - Cost of Living Comparison

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Livingcost

Lisbon Reykjavik
🚶 Cost of living one person
$1738
$2915
👨‍👩‍👧‍👦 Cost of living Family
$4010
$5968
🏠 One person rent
$1101
$1781
🏘️ Family rent
$1921
$2749
🍽️ Food expenses
$405
$832
🚐 Transport expenses
$92.5
$88.7
💳 Monthly salary after tax
$1351
$3918
😷 Air quality
Excellent
Excellent
✈️ Airport proximity
8 km
4 km
🎓 Higher education
93
53
😀 Quality of life
82
89
🏙️ Population
546K
140K

The cost of living in Lisbon is 40% less expensive than in Reykjavik. Cities ranked 2758th and 204th ($1738 vs $2915) in the list of the most expensive cities in the world and ranked 3rd 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 1.3 months in Reykjavik. Lisbon ranked 1st best city to live in Portugal vs Reykjavik ranked 1st in Iceland, while ranked 437th and 189th 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
$13
$22
🥂 Dinner in a Restaurant, for 2
$50
$125
🥪 Fast food meal, equiv. McDonald's
$9.76
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$3.03
$11.1
☕ Cappuccino
$3.03
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.86
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1300
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$892
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2473
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1564
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$91.2
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$139
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$36.2
$74.1
🏦 Mortgage Interest Rate for 20 Years
3.99%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$6911
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$3548
$5311
Transportation
🚌 Local transport ticket
$2.23
$4.63
🎟️ Monthly ticket local transport
$44.7
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$11.2
$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.98
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.06
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$1.4
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.46
$3.25
🥚 Eggs, x12
$3.45
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$11.6
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.52
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$14.2
$37.6
🍏 Apples, 1 kg or 2.2 lb
$2.37
$3.07
🍌 Banana, 1 kg or 2.2 lb
$1.64
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$2.03
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$2.36
$4.99
🥔 Potato, 1 kg or 2.2 lb
$1.86
$3.21
🧅 Onion, 1 kg or 2.2 lb
$2.1
$2.16
🌊 Water, 1 L or 1 qt
$0.61
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.57
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$6.48
$22
🍺 Beer, 0.5 L or 16 fl oz
$1.36
$3.27
🚬 Cigarette pack
$6.11
$12.2
💊 Cold medicince, 1 week
$6.75
$11.6
🧴 Hair Shampoo
$4.87
$5.36
🧻 Toilet paper, 4 rolls
$2.12
$4.68
👄 Toothpaste, 1 tube
$2.89
$3.32
Other
🏋️ Gym Membership, 1 month
$40.5
$71.8
🎫 Cinema Ticket, 1 person
$8.72
$15.1
👩‍⚕️ Doctor's visit
$86.6
$84.7
💇 Haircut, simple
$14.5
$47.4
👖 Brand Jeans
$92.8
$112
👟 Brand Sneakers
$92.3
$155
👶 Daycare or Preschool, 1 month
$595
$254
🏫 International Primary School, 1 year
$16143
$6167

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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
$1694
6.9 km or 4.3 mi Amadora
$1385
8.8 km or 5.5 mi Queluz
$1401
9.4 km or 5.8 mi Odivelas
$1460
10 km or 6.3 mi Barreiro
$1418
11 km or 6.7 mi Amora
$1293
12 km or 7.3 mi Seixal
$1332
12 km or 7.4 mi Oeiras
$1618
13 km or 8 mi Agualva-Cacem
$1460
13 km or 8.1 mi Loures
$1453
17 km or 10 mi Montijo
$1491
18 km or 11 mi Moita
$1408
18 km or 11 mi Algueirao-Mem Martins
$1471
21 km or 13 mi Sintra
$1534
22 km or 14 mi Cascais
$1834
28 km or 17 mi Mafra
$1412
29 km or 18 mi Palmela
$1357
30 km or 19 mi Vila Franca de Xira
$1202
31 km or 19 mi Sesimbra
$1266
32 km or 20 mi Setubal
$1348
39 km or 24 mi Alenquer
$1312
42 km or 26 mi Torres Vedras
$1350
42 km or 26 mi Benavente
$1323
47 km or 29 mi Azambuja
$1314
47 km or 29 mi Salvaterra de Magos
$1321
58 km or 36 mi Cartaxo
$1301
61 km or 38 mi Lourinha
$1425
71 km or 44 mi Santarem
$1237
72 km or 45 mi Almeirim
$1256
73 km or 45 mi Peniche
$1624
77 km or 48 mi Caldas da Rainha
$1206
90 km or 56 mi Santiago do Cacem
$1351
94 km or 58 mi Alcobaca
$1275
101 km or 63 mi Torres Novas
$1213
103 km or 64 mi Porto de Mos
$1249
111 km or 69 mi Evora
$1228
115 km or 72 mi Ourem
$1221
117 km or 72 mi Marinha Grande
$1235
118 km or 73 mi Tomar
$1097
118 km or 73 mi Abrantes
$1162

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161