Cost of Living Comparison Between Reykjavik and Lisbon 
| Indices Difference |  |
|---|---|
| Consumer Prices in Lisbon are 41.7% lower than in Reykjavik (without rent) | |
| Consumer Prices Including Rent in Lisbon are 35.0% lower than in Reykjavik | |
| Rent Prices in Lisbon are 20.4% lower than in Reykjavik | |
| Restaurant Prices in Lisbon are 48.1% lower than in Reykjavik | |
| Groceries Prices in Lisbon are 49.6% lower than in Reykjavik | |
| Local Purchasing Power in Lisbon is 46.6% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Lisbon Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
2,945.00 kr (19.65 €) |
1,986.18 kr (13.25 €) |
-32.6 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,250.00 kr (115.08 €) |
7,195.21 kr (48.00 €) |
-58.3 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,350.00 kr (15.68 €) |
1,319.12 kr (8.80 €) |
-43.9 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (10.01 €) |
449.70 kr (3.00 €) |
-70.0 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (8.34 €) |
599.60 kr (4.00 €) |
-52.0 % |
| Cappuccino (regular) |
711.32 kr (4.75 €) |
342.50 kr (2.28 €) |
-51.9 % |
| Coke/Pepsi (12 oz small bottle) |
403.34 kr (2.69 €) |
264.24 kr (1.76 €) |
-34.5 % |
| Water (12 oz small bottle) |
288.10 kr (1.92 €) |
183.84 kr (1.23 €) |
-36.2 % |
Markets | Reykjavik Edit |
Lisbon Edit | |
| Milk (regular), (1 gallon) |
856.77 kr (5.72 €) |
542.32 kr (3.62 €) |
-36.7 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (3.10 €) |
194.13 kr (1.30 €) |
-58.2 % |
| Rice (white), (1 lb) |
207.81 kr (1.39 €) |
95.77 kr (0.64 €) |
-53.9 % |
| Eggs (regular) (12) |
821.68 kr (5.48 €) |
419.61 kr (2.80 €) |
-48.9 % |
| Local Cheese (1 lb) |
965.37 kr (6.44 €) |
698.18 kr (4.66 €) |
-27.7 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (8.23 €) |
478.39 kr (3.19 €) |
-61.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,982.11 kr (13.22 €) |
833.60 kr (5.56 €) |
-57.9 % |
| Apples (1 lb) |
212.21 kr (1.42 €) |
145.69 kr (0.97 €) |
-31.3 % |
| Banana (1 lb) |
134.72 kr (0.90 €) |
94.22 kr (0.63 €) |
-30.1 % |
| Oranges (1 lb) |
175.06 kr (1.17 €) |
116.43 kr (0.78 €) |
-33.5 % |
| Tomato (1 lb) |
309.60 kr (2.07 €) |
150.79 kr (1.01 €) |
-51.3 % |
| Potato (1 lb) |
196.68 kr (1.31 €) |
116.64 kr (0.78 €) |
-40.7 % |
| Onion (1 lb) |
140.44 kr (0.94 €) |
122.10 kr (0.81 €) |
-13.1 % |
| Lettuce (1 head) |
439.56 kr (2.93 €) |
226.23 kr (1.51 €) |
-48.5 % |
| Water (1.5 liter bottle) |
281.00 kr (1.87 €) |
114.72 kr (0.77 €) |
-59.2 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (18.34 €) |
749.50 kr (5.00 €) |
-72.7 % |
| Domestic Beer (0.5 liter bottle) |
434.15 kr (2.90 €) |
181.35 kr (1.21 €) |
-58.2 % |
| Imported Beer (12 oz small bottle) |
355.89 kr (2.37 €) |
381.75 kr (2.55 €) |
+7.3 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (11.01 €) |
824.45 kr (5.50 €) |
-50.0 % |
Transportation | Reykjavik Edit |
Lisbon Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (3.80 €) |
299.80 kr (2.00 €) |
-47.4 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (62.04 €) |
5,996.01 kr (40.00 €) |
-35.5 % |
| Taxi Start (Normal Tariff) |
730.00 kr (4.87 €) |
547.14 kr (3.65 €) |
-25.0 % |
| Taxi 1 mile (Normal Tariff) |
521.43 kr (3.48 €) |
168.87 kr (1.13 €) |
-67.6 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (64.24 €) |
2,248.50 kr (15.00 €) |
-76.7 % |
| Gasoline (1 gallon) |
1,194.08 kr (7.97 €) |
1,036.76 kr (6.92 €) |
-13.2 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (38,625.70 €) |
4,497,006.36 kr (30,000.00 €) |
-22.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,087,181.82 kr (40,608.23 €) |
4,989,632.97 kr (33,286.36 €) |
-18.0 % |
Utilities (Monthly) | Reykjavik Edit |
Lisbon Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,719.30 kr (78.18 €) |
19,969.12 kr (133.22 €) |
+70.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (21.71 €) |
3,465.55 kr (23.12 €) |
+6.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,513.57 kr (63.47 €) |
5,812.34 kr (38.77 €) |
-38.9 % |
Sports And Leisure | Reykjavik Edit |
Lisbon Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,103.59 kr (60.73 €) |
5,930.82 kr (39.57 €) |
-34.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (26.78 €) |
1,913.01 kr (12.76 €) |
-52.3 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (13.34 €) |
1,191.71 kr (7.95 €) |
-40.4 % |
Childcare | Reykjavik Edit |
Lisbon Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
35,073.00 kr (233.98 €) |
82,409.14 kr (549.76 €) |
+135.0 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (5,548.14 €) |
2,021,836.07 kr (13,487.88 €) |
+143.1 % |
Clothing And Shoes | Reykjavik Edit |
Lisbon Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,582.11 kr (97.28 €) |
11,117.60 kr (74.17 €) |
-23.8 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,077.50 kr (40.54 €) |
5,036.40 kr (33.60 €) |
-17.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,722.73 kr (131.57 €) |
11,696.06 kr (78.03 €) |
-40.7 % |
| 1 Pair of Men Leather Business Shoes |
25,310.62 kr (168.85 €) |
14,888.09 kr (99.32 €) |
-41.2 % |
Rent Per Month | Reykjavik Edit |
Lisbon Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (1,728.33 €) |
196,601.88 kr (1,311.55 €) |
-24.1 % |
| Apartment (1 bedroom) Outside of Centre |
231,532.70 kr (1,544.58 €) |
137,463.58 kr (917.03 €) |
-40.6 % |
| Apartment (3 bedrooms) in City Centre |
375,965.52 kr (2,508.11 €) |
374,472.94 kr (2,498.15 €) |
-0.4 % |
| Apartment (3 bedrooms) Outside of Centre |
332,962.96 kr (2,221.23 €) |
246,835.68 kr (1,646.67 €) |
-25.9 % |
Buy Apartment Price | Reykjavik Edit |
Lisbon Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
82,240.62 kr (548.64 €) |
74,966.91 kr (500.11 €) |
-8.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
64,773.34 kr (432.11 €) |
42,950.90 kr (286.53 €) |
-33.7 % |
Salaries And Financing | Reykjavik Edit |
Lisbon Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (3,424.81 €) |
178,373.22 kr (1,189.95 €) |
-65.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 4.01 | -50.8 % |
| Last update: | April 2024 | May 2024 | |
| Contributors in the past 12 months: | 163 | 508 |
Moving to Reykjavik? Explore:
Moving to Lisbon? Explore:
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |
Cities near Lisbon: | Cost of Living in Carnaxide | 6.63 miles |
| Cost of Living in Odivelas | 7.00 miles |
| Cost of Living in Alges | 7.03 miles |
| Cost of Living in Amadora | 7.89 miles |
| Cost of Living in Almada | 8.45 miles |
| Cost of Living in Corroios | 9.58 miles |
| Cost of Living in Loures | 9.64 miles |
| Cost of Living in Queluz | 9.82 miles |
| Cost of Living in Oeiras | 11.71 miles |
| Cost of Living in Rio de Mouro | 13.65 miles |