Last update: Oct 2026

Cost of Living Comparison Between Anchorage, AK and Lisbon

For one person, living is cheaper in Lisbon: $2,223 a month against $3,290 in Anchorage, AK, rent and utilities included – about $12,800 less a year. Other living expenses account for most of the difference.

159

Cost of Living Index in Anchorage, AK
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Anchorage, AK Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Anchorage, AK

🇺🇸 United States

$3,290

/mo nomad

Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Monthly Cost of Living

How much you'll spend in Anchorage, AK and in Lisbon

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Anchorage, AK and in Lisbon actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,290 in Anchorage, AK versus $2,223 in Lisbon.

Anchorage, AK $3,290
Lisbon $2,223

Estimated couple costs with rent: $4,848 in Anchorage, AK versus $3,271 in Lisbon.

Anchorage, AK $4,848
Lisbon $3,271

Monthly costs for a family of three with rent: $6,406 in Anchorage, AK versus $4,319 in Lisbon.

Anchorage, AK $6,406
Lisbon $4,319

Living in Anchorage, AK is roughly 48% more expensive than in Lisbon, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Anchorage, AK 144% above, Lisbon 65% above.

Meal at Budget Restaurant

$24.72 $24.72

$16.50 €14.67

49.82%

Three-Course Dinner for Two, Mid-Range

$99.5 $99.5

$61.3 €54.5

62.37%

Fast Food Meal (McDonalds, etc)

$15.08 $15.08

$11.27 €10.03

33.81%

Cappuccino

$6.74 $6.74

$3.06 €2.72

120.26%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.24 $3.24

$2.26 €2.01

43.36%

Water (0.33 liter bottle)

$2.52 $2.52

$1.73 €1.54

45.66%

Local Beer (0.5 liter draught)

$8.17 $8.17

$3.39 €3.02

141.00%

Imported Beer (0.33 liter bottle)

$9.93 $9.93

$3.40 €3.02

192.06%

Milk (1 liter)

$1.19 $1.19

$1.12 €1.00

6.25%

White Bread (500g)

$4.80 $4.80

$1.86 €1.65

158.06%

Rice (white) (1kg)

$6.06 $6.06

$1.53 €1.36

296.08%

Eggs

$4.25 $4.25

$3.96 €3.53

7.32%

Local Cheese (1kg)

$13.72 $13.72

$12.76 €11.35

7.52%

Chicken Fillets (1kg)

$12.79 $12.79

$7.90 €7.02

61.90%

Beef Round Steak (1kg)

$21.40 $21.40

$16.97 €15.09

26.10%

Apples (1kg)

$8.16 $8.16

$2.27 €2.02

259.47%

Banana (1kg)

$2.27 $2.27

$1.75 €1.55

29.71%

Oranges (1kg)

$5.60 $5.60

$1.85 €1.64

202.70%

Tomato (1kg)

$6.11 $6.11

$2.57 €2.28

137.74%

Potato (1kg)

$2.98 $2.98

$1.86 €1.65

60.22%

Onion (1kg)

$3.16 $3.16

$2.02 €1.80

56.44%

Lettuce (1 head)

$2.76 $2.76

$1.44 €1.28

91.67%

Water (1.5 liter bottle)

$2.34 $2.34

$0.82 €0.73

185.37%

Cigarettes 20 Pack (Marlboro, Camel)

$12.67 $12.67

$6.56 €5.83

93.14%

Wine (Bottle)

$17.76 $17.76

$5.62 €5.00

216.01%

Local Beer (0.5 liter bottle)

$1.71 $1.71

$1.28 €1.14

33.59%

Imported Beer (0.33 liter bottle)

$3.51 $3.51

$2.07 €1.84

69.57%

One-way Ticket (Public Transport)

$2.06 $2.06

$2.35 €2.09

-12.34%

Public Transport Monthly Pass (Regular Price)

$60.2 $60.2

$44.18 €39.30

36.17%

Taxi Start (Normal Tariff)

$2.71 $2.71

$3.99 €3.55

-32.08%

Taxi (Normal Tariff) (1km)

$1.88 $1.88

$1.09 €0.97

72.48%

Taxi 1hour Waiting (Normal Tariff)

$41.68 $41.68

$16.64 €14.81

150.48%

Gasoline (1 liter)

$1.25 $1.25

$2.28 €2.03

-45.18%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$33.3K $33.3K

$33.7K €30.0K

-1.01%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$26.0K $26.0K

$39.3K €35.0K

-33.80%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$413 $413

$167 €149

146.84%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$90.3 $90.3

$18.80 €16.72

380.16%

Internet (50+ Mbps, Unlimited Data)

$139 $139

$33.09 €29.43

321.03%

Gym Membership (Monthly)

$91.5 $91.5

$46.01 €40.93

98.76%

Tennis Court (1 Hour on Weekend)

$40.74 $40.74

$19.19 €17.07

112.30%

Cinema Ticket

$14.89 $14.89

$9.84 €8.75

51.32%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,238 $1,238

$677 €602

82.74%

International Primary School, 1 Child (Yearly)

$10.5K $10.5K

$16.9K €15.1K

-37.83%

Jeans (Levis 501 Or Similar)

$48.09 $48.09

$101 €90.1

-52.50%

Summer Dress (H&M, Zara, etc)

$45.27 $45.27

$45.76 €40.70

-1.07%

Sport Shoes (Adidas, Nike)

$113 $113

$100.0 €88.9

13.12%

Men's Leather Business Shoes

$120 $120

$123 €109

-2.47%

1-bedroom Apartment, City Center (Monthly)

$1,778 $1,778

$1,614 €1,436

10.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,408 $1,408

$1,197 €1,065

17.58%

3-bedroom Apartment, City Center (Monthly)

$2,834 $2,834

$2,862 €2,545

-0.96%

3-bedroom Apartment, Outside City Center (Monthly)

$2,467 $2,467

$1,990 €1,770

23.94%

Buy Apartment in City Center (m2)

$3,985 $3,985

$7,577 €6,740

-47.41%

Buy Apartment Outside City Center (m2)

$2,794 $2,794

$4,307 €3,831

-35.13%

Average Monthly Net Salary (After Tax)

$4,734 $4,734

$1,588 €1,412

198.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

3.85

68.57%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Anchorage, AK: October 11, 2026

Last update for Lisbon: October 11, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Anchorage, AK

$1.4K 42.8%

Lisbon

$1.2K 53.9% 15% $210

Monthly Utilities & Internet

Anchorage, AK

$643 19.6%

Lisbon

$219 9.9% 65.9% $424

Groceries & Markets

Anchorage, AK

$483 14.7%

Lisbon

$269 12.1% 44.3% $214

Eating Out

Anchorage, AK

$408 12.4%

Lisbon

$242 10.9% 40.6% $165

Clothing & Footwear

Anchorage, AK

$147 4.5%

Lisbon

$166 7.5% 13.3% $20

Sport & Entertainment

Anchorage, AK

$121 3.7%

Lisbon

$66 3% 45.8% $56

Getting Around

Anchorage, AK

$81 2.5%

Lisbon

$63 2.8% 21.7% $18

Cost Breakdown

A one-bedroom apartment in the center runs $1,778 in Anchorage, AK and $1,614 in Lisbon. Housing cost is often the main lever when comparing two cities.

Anchorage, AK pays 198% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $99.0 in Anchorage, AK vs $61.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $483 vs $269 per month, with Lisbon cheaper across the board.

Good to know

🇺🇸 Anchorage, AK

🇵🇹 Lisbon

🕒 Local time

06:23 6:23 AM

15:23 3:23 PM

9 h ahead of Anchorage, AK

🌤 Weather

👥 Population

289,600

545,923 Capital

💱 Currency

United States Dollar USD $

Euro EUR €

📈 Exchange rate

1 USD = 0.89 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Anchorage, AK Lisbon 8,300 km ≈ 11 h nonstop flight

From you

Anchorage, AK
Lisbon

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Anchorage, AK vs Lisbon: Cost of Living - Frequently Asked Questions

Lisbon wins on cost – living expenses run 48% lower than in Anchorage, AK. Housing and daily spending are where you'll feel the difference most, making Lisbon the obvious pick if budget is a priority.

Average pay runs 198% higher in Anchorage, AK, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,778 in Anchorage, AK versus $1,614 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Lisbon – a meal for two runs $61.0 versus $99.0 in Anchorage, AK. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $3,290 per month in Anchorage, AK versus $2,223 in Lisbon – a 48% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,223 in Lisbon versus $3,290 in Anchorage, AK, a $3,000 budget is realistic in Lisbon but tight or insufficient in Anchorage, AK. The gap between the two cities makes Lisbon the clear choice for anyone on this budget.

Both work as nomad bases, but Lisbon delivers better value – similar infrastructure at $2,223 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Lisbon hard to pass up.

Safety-wise, Anchorage, AK and Lisbon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Lisbon gentler on the wallet – expenses run 48% less than in Anchorage, AK. Beyond cost, consider language, visa policies, and how big the international community is in each city.