Cost of Living Comparison Between Reykjavik and Lisbon 
| Indices Difference |  |
|---|---|
| Cost of Living in Lisbon is 40.8% lower than in Reykjavik (without rent) | |
| Cost of Living Including Rent in Lisbon is 33.7% lower than in Reykjavik | |
| Rent Prices in Lisbon are 18.4% lower than in Reykjavik | |
| Restaurant Prices in Lisbon are 46.1% lower than in Reykjavik | |
| Groceries Prices in Lisbon are 48.9% lower than in Reykjavik | |
| Local Purchasing Power in Lisbon is 47.0% lower than in Reykjavik | |
Restaurants | Reykjavik Edit |
Lisbon Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,000.00 kr (19.99 €) |
2,101.36 kr (14.00 €) |
-30.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
17,000.00 kr (113.26 €) |
7,504.85 kr (50.00 €) |
-55.9 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
2,400.00 kr (15.99 €) |
1,335.86 kr (8.90 €) |
-44.3 % |
| Domestic Beer (1 pint draught) |
1,500.00 kr (9.99 €) |
450.29 kr (3.00 €) |
-70.0 % |
| Imported Beer (12 oz small bottle) |
1,250.00 kr (8.33 €) |
600.39 kr (4.00 €) |
-52.0 % |
| Cappuccino (regular) |
706.87 kr (4.71 €) |
345.09 kr (2.30 €) |
-51.2 % |
| Coke/Pepsi (12 oz small bottle) |
403.44 kr (2.69 €) |
270.17 kr (1.80 €) |
-33.0 % |
| Water (12 oz small bottle) |
287.89 kr (1.92 €) |
188.36 kr (1.25 €) |
-34.6 % |
Markets | Reykjavik Edit |
Lisbon Edit | |
| Milk (regular), (1 gallon) |
856.52 kr (5.71 €) |
545.71 kr (3.64 €) |
-36.3 % |
| Loaf of Fresh White Bread (1 lb) |
464.58 kr (3.10 €) |
196.76 kr (1.31 €) |
-57.6 % |
| Rice (white), (1 lb) |
207.81 kr (1.38 €) |
97.06 kr (0.65 €) |
-53.3 % |
| Eggs (regular) (12) |
821.68 kr (5.47 €) |
422.11 kr (2.81 €) |
-48.6 % |
| Local Cheese (1 lb) |
965.37 kr (6.43 €) |
699.75 kr (4.66 €) |
-27.5 % |
| Chicken Fillets (1 lb) |
1,233.09 kr (8.22 €) |
483.29 kr (3.22 €) |
-60.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
1,982.11 kr (13.21 €) |
849.44 kr (5.66 €) |
-57.1 % |
| Apples (1 lb) |
212.21 kr (1.41 €) |
147.20 kr (0.98 €) |
-30.6 % |
| Banana (1 lb) |
134.62 kr (0.90 €) |
94.90 kr (0.63 €) |
-29.5 % |
| Oranges (1 lb) |
175.06 kr (1.17 €) |
120.11 kr (0.80 €) |
-31.4 % |
| Tomato (1 lb) |
309.60 kr (2.06 €) |
154.57 kr (1.03 €) |
-50.1 % |
| Potato (1 lb) |
196.68 kr (1.31 €) |
121.50 kr (0.81 €) |
-38.2 % |
| Onion (1 lb) |
140.44 kr (0.94 €) |
125.33 kr (0.83 €) |
-10.8 % |
| Lettuce (1 head) |
439.56 kr (2.93 €) |
229.71 kr (1.53 €) |
-47.7 % |
| Water (1.5 liter bottle) |
281.00 kr (1.87 €) |
114.95 kr (0.77 €) |
-59.1 % |
| Bottle of Wine (Mid-Range) |
2,749.50 kr (18.32 €) |
750.48 kr (5.00 €) |
-72.7 % |
| Domestic Beer (0.5 liter bottle) |
434.15 kr (2.89 €) |
186.96 kr (1.25 €) |
-56.9 % |
| Imported Beer (12 oz small bottle) |
355.89 kr (2.37 €) |
395.81 kr (2.64 €) |
+11.2 % |
| Cigarettes 20 Pack (Marlboro) |
1,650.00 kr (10.99 €) |
825.53 kr (5.50 €) |
-50.0 % |
Transportation | Reykjavik Edit |
Lisbon Edit | |
| One-way Ticket (Local Transport) |
570.00 kr (3.80 €) |
300.19 kr (2.00 €) |
-47.3 % |
| Monthly Pass (Regular Price) |
9,300.00 kr (61.96 €) |
6,003.88 kr (40.00 €) |
-35.4 % |
| Taxi Start (Normal Tariff) |
730.00 kr (4.86 €) |
540.35 kr (3.60 €) |
-26.0 % |
| Taxi 1 mile (Normal Tariff) |
504.53 kr (3.36 €) |
169.09 kr (1.13 €) |
-66.5 % |
| Taxi 1hour Waiting (Normal Tariff) |
9,630.00 kr (64.16 €) |
2,251.45 kr (15.00 €) |
-76.6 % |
| Gasoline (1 gallon) |
1,191.65 kr (7.94 €) |
1,042.00 kr (6.94 €) |
-12.6 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
5,790,000.00 kr (38,575.08 €) |
4,502,907.15 kr (30,000.00 €) |
-22.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
6,031,000.00 kr (40,180.71 €) |
4,988,363.43 kr (33,234.29 €) |
-17.3 % |
Utilities (Monthly) | Reykjavik Edit |
Lisbon Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
11,705.74 kr (77.99 €) |
19,863.08 kr (132.34 €) |
+69.7 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,254.67 kr (21.68 €) |
3,399.49 kr (22.65 €) |
+4.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
9,510.93 kr (63.37 €) |
5,792.16 kr (38.59 €) |
-39.1 % |
Sports And Leisure | Reykjavik Edit |
Lisbon Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
9,103.59 kr (60.65 €) |
6,082.00 kr (40.52 €) |
-33.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
4,014.29 kr (26.74 €) |
1,915.52 kr (12.76 €) |
-52.3 % |
| Cinema, International Release, 1 Seat |
2,000.00 kr (13.32 €) |
1,200.78 kr (8.00 €) |
-40.0 % |
Childcare | Reykjavik Edit |
Lisbon Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
33,406.33 kr (222.57 €) |
80,716.11 kr (537.76 €) |
+141.6 % |
| International Primary School, Yearly for 1 Child |
831,666.67 kr (5,540.86 €) |
2,024,489.04 kr (13,487.88 €) |
+143.4 % |
Clothing And Shoes | Reykjavik Edit |
Lisbon Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
14,445.76 kr (96.24 €) |
11,840.98 kr (78.89 €) |
-18.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
6,045.00 kr (40.27 €) |
5,212.69 kr (34.73 €) |
-13.8 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
19,661.90 kr (130.99 €) |
12,145.34 kr (80.92 €) |
-38.2 % |
| 1 Pair of Men Leather Business Shoes |
24,273.12 kr (161.72 €) |
14,907.62 kr (99.32 €) |
-38.6 % |
Rent Per Month | Reykjavik Edit |
Lisbon Edit | |
| Apartment (1 bedroom) in City Centre |
259,077.12 kr (1,726.07 €) |
200,629.53 kr (1,336.67 €) |
-22.6 % |
| Apartment (1 bedroom) Outside of Centre |
231,544.05 kr (1,542.63 €) |
139,915.80 kr (932.17 €) |
-39.6 % |
| Apartment (3 bedrooms) in City Centre |
375,965.52 kr (2,504.82 €) |
387,550.21 kr (2,582.00 €) |
+3.1 % |
| Apartment (3 bedrooms) Outside of Centre |
334,230.77 kr (2,226.77 €) |
252,305.75 kr (1,680.95 €) |
-24.5 % |
Buy Apartment Price | Reykjavik Edit |
Lisbon Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
81,846.89 kr (545.29 €) |
86,332.77 kr (575.18 €) |
+5.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
65,005.60 kr (433.09 €) |
44,482.99 kr (296.36 €) |
-31.6 % |
Salaries And Financing | Reykjavik Edit |
Lisbon Edit | |
| Average Monthly Net Salary (After Tax) |
513,380.43 kr (3,420.33 €) |
180,387.37 kr (1,201.81 €) |
-64.9 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 8.14 | 4.01 | -50.8 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 165 | 474 |
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 |