Cost of Living Comparison Between Reykjavik and Lisbon 
| Indices Difference |  |
|---|---|
| Cost of Living in Lisbon is 41.0% lower than in Reykjavik (without rent) | |
| Cost of Living Including Rent in Lisbon is 34.4% lower than in Reykjavik | |
| Rent Prices in Lisbon are 20.4% lower than in Reykjavik | |
| Restaurant Prices in Lisbon are 47.7% lower than in Reykjavik | |
| Groceries Prices in Lisbon are 48.3% lower than in Reykjavik | |
| Local Purchasing Power in Lisbon is 46.2% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Lisbon Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (20.12 €) |
1,975.21 kr (13.25 €) |
-34.2 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 kr (114.04 €) |
7,453.61 kr (50.00 €) |
-56.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,400.00 kr (16.10 €) |
1,326.74 kr (8.90 €) |
-44.7 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (10.06 €) |
447.22 kr (3.00 €) |
-70.2 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (8.39 €) |
596.29 kr (4.00 €) |
-52.3 % |
| Cappuccino (regular) |
708.39 kr (4.75 €) |
340.80 kr (2.29 €) |
-51.9 % |
| Coke/Pepsi (12 oz small bottle) |
412.32 kr (2.77 €) |
266.06 kr (1.78 €) |
-35.5 % |
| Water (12 oz small bottle) |
292.44 kr (1.96 €) |
184.85 kr (1.24 €) |
-36.8 % |
Markets | Reykjavik Edit |
Lisbon Edit | |
| Milk (regular), (1 gallon) |
855.96 kr (5.74 €) |
540.63 kr (3.63 €) |
-36.8 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (3.12 €) |
193.87 kr (1.30 €) |
-58.3 % |
| Rice (white), (1 lb) |
189.98 kr (1.27 €) |
95.47 kr (0.64 €) |
-49.7 % |
| Eggs (regular) (12) |
819.16 kr (5.50 €) |
423.52 kr (2.84 €) |
-48.3 % |
| Local Cheese (1 lb) |
965.37 kr (6.48 €) |
693.81 kr (4.65 €) |
-28.1 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (8.27 €) |
470.67 kr (3.16 €) |
-61.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,934.50 kr (12.98 €) |
848.84 kr (5.69 €) |
-56.1 % |
| Apples (1 lb) |
188.37 kr (1.26 €) |
147.60 kr (0.99 €) |
-21.6 % |
| Banana (1 lb) |
134.65 kr (0.90 €) |
94.96 kr (0.64 €) |
-29.5 % |
| Oranges (1 lb) |
169.47 kr (1.14 €) |
119.47 kr (0.80 €) |
-29.5 % |
| Tomato (1 lb) |
303.07 kr (2.03 €) |
151.42 kr (1.02 €) |
-50.0 % |
| Potato (1 lb) |
198.33 kr (1.33 €) |
123.83 kr (0.83 €) |
-37.6 % |
| Onion (1 lb) |
134.12 kr (0.90 €) |
126.26 kr (0.85 €) |
-5.9 % |
| Lettuce (1 head) |
435.00 kr (2.92 €) |
228.14 kr (1.53 €) |
-47.6 % |
| Water (1.5 liter bottle) |
284.82 kr (1.91 €) |
118.49 kr (0.79 €) |
-58.4 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (18.44 €) |
745.36 kr (5.00 €) |
-72.9 % |
| Domestic Beer (0.5 liter bottle) |
437.94 kr (2.94 €) |
193.27 kr (1.30 €) |
-55.9 % |
| Imported Beer (12 oz small bottle) |
353.50 kr (2.37 €) |
401.35 kr (2.69 €) |
+13.5 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (11.07 €) |
827.35 kr (5.55 €) |
-49.9 % |
Transportation | Reykjavik Edit |
Lisbon Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (3.82 €) |
298.14 kr (2.00 €) |
-47.7 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (62.39 €) |
5,962.89 kr (40.00 €) |
-35.9 % |
| Taxi Start (Normal Tariff) |
730.00 kr (4.90 €) |
536.66 kr (3.60 €) |
-26.5 % |
| Taxi 1 mile (Normal Tariff) |
504.53 kr (3.38 €) |
167.94 kr (1.13 €) |
-66.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (64.60 €) |
2,400.06 kr (16.10 €) |
-75.1 % |
| Gasoline (1 gallon) |
1,191.65 kr (7.99 €) |
1,033.02 kr (6.93 €) |
-13.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (38,840.24 €) |
4,472,166.09 kr (30,000.00 €) |
-22.8 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,034,875.00 kr (40,482.90 €) |
4,954,308.18 kr (33,234.29 €) |
-17.9 % |
Utilities (Monthly) | Reykjavik Edit |
Lisbon Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,867.71 kr (79.61 €) |
19,708.65 kr (132.21 €) |
+66.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (21.83 €) |
3,411.01 kr (22.88 €) |
+4.8 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,679.64 kr (64.93 €) |
5,714.40 kr (38.33 €) |
-41.0 % |
Sports And Leisure | Reykjavik Edit |
Lisbon Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
8,775.19 kr (58.87 €) |
6,040.48 kr (40.52 €) |
-31.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (26.93 €) |
1,902.45 kr (12.76 €) |
-52.6 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (13.42 €) |
1,192.58 kr (8.00 €) |
-40.4 % |
Childcare | Reykjavik Edit |
Lisbon Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
32,582.12 kr (218.57 €) |
79,375.21 kr (532.46 €) |
+143.6 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (5,578.95 €) |
2,050,966.42 kr (13,758.21 €) |
+146.6 % |
Clothing And Shoes | Reykjavik Edit |
Lisbon Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,557.53 kr (97.65 €) |
11,955.59 kr (80.20 €) |
-17.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,491.15 kr (43.54 €) |
5,205.30 kr (34.92 €) |
-19.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,994.75 kr (134.13 €) |
12,070.46 kr (80.97 €) |
-39.6 % |
| 1 Pair of Men Leather Business Shoes |
24,855.00 kr (166.73 €) |
14,491.06 kr (97.21 €) |
-41.7 % |
Rent Per Month | Reykjavik Edit |
Lisbon Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (1,737.93 €) |
198,089.16 kr (1,328.81 €) |
-23.5 % |
| Apartment (1 bedroom) Outside of Centre |
233,281.79 kr (1,564.89 €) |
136,665.05 kr (916.77 €) |
-41.4 % |
| Apartment (3 bedrooms) in City Centre |
373,433.33 kr (2,505.05 €) |
379,305.94 kr (2,544.44 €) |
+1.6 % |
| Apartment (3 bedrooms) Outside of Centre |
336,250.00 kr (2,255.62 €) |
243,102.36 kr (1,630.77 €) |
-27.7 % |
Buy Apartment Price | Reykjavik Edit |
Lisbon Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
81,134.64 kr (544.26 €) |
88,535.78 kr (593.91 €) |
+9.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
63,335.22 kr (424.86 €) |
44,051.47 kr (295.50 €) |
-30.4 % |
Salaries And Financing | Reykjavik Edit |
Lisbon Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (3,443.84 €) |
181,144.35 kr (1,215.15 €) |
-64.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 3.96 | -51.3 % |
| Last update: | June 2024 | June 2024 | |
| Contributors in the past 12 months: | 172 | 461 |
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 |