Last update: Oct 2026

Cost of Living Comparison Between Antananarivo and Lisbon

For one person, living is cheaper in Antananarivo: $650 a month against $2,223 in Lisbon, rent and utilities included – about $18,900 less a year. Rent and utilities account for most of the difference.

32

Cost of Living Index in Antananarivo
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Antananarivo Living Index
107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

Jump to prices

Antananarivo

🇲🇬 Madagascar

$650

/mo nomad

Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Monthly Cost of Living

How much you'll spend in Antananarivo 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 Antananarivo and in Lisbon actually costs, broken down by who's living it.

A single person spends $650 per month in Antananarivo vs $2,223 in Lisbon, rent included.

Antananarivo $650
Lisbon $2,223

A couple spends around $1,004 per month in Antananarivo vs $3,271 in Lisbon, rent included.

Antananarivo $1,004
Lisbon $3,271

A family of three spends $1,358 per month in Antananarivo vs $4,319 in Lisbon, rent included.

Antananarivo $1,358
Lisbon $4,319

Antananarivo is about 71% cheaper than Lisbon, and outside of rent the biggest gap is in eating out.

Antananarivo sits 52% below the global median, while Lisbon is 65% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$2.68 MGA 12.2K

$16.50 €14.67

-83.76%

Three-Course Dinner for Two, Mid-Range

$20.32 MGA 92.7K

$61.3 €54.5

-66.82%

Fast Food Meal (McDonalds, etc)

$5.40 MGA 24.6K

$11.27 €10.03

-52.09%

Cappuccino

$1.59 MGA 7,251

$3.06 €2.72

-48.04%

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

$0.80 MGA 3,647

$2.26 €2.01

-64.60%

Water (0.33 liter bottle)

$0.45 MGA 2,033

$1.73 €1.54

-73.99%

Local Beer (0.5 liter draught)

$0.98 MGA 4,488

$3.39 €3.02

-71.09%

Imported Beer (0.33 liter bottle)

$2.24 MGA 10.2K

$3.40 €3.02

-34.12%

Milk (1 liter)

$0.92 MGA 4,197

$1.12 €1.00

-17.86%

White Bread (500g)

$1.03 MGA 4,700

$1.86 €1.65

-44.62%

Rice (white) (1kg)

$0.75 MGA 3,435

$1.53 €1.36

-50.98%

Eggs

$2.07 MGA 9,435

$3.96 €3.53

-47.73%

Local Cheese (1kg)

$8.20 MGA 37.4K

$12.76 €11.35

-35.74%

Chicken Fillets (1kg)

$4.32 MGA 19.7K

$7.90 €7.02

-45.32%

Beef Round Steak (1kg)

$4.78 MGA 21.8K

$16.97 €15.09

-71.83%

Apples (1kg)

$1.08 MGA 4,924

$2.27 €2.02

-52.42%

Banana (1kg)

$0.57 MGA 2,580

$1.75 €1.55

-67.43%

Oranges (1kg)

$1.04 MGA 4,749

$1.85 €1.64

-43.78%

Tomato (1kg)

$0.86 MGA 3,922

$2.57 €2.28

-66.54%

Potato (1kg)

$0.59 MGA 2,696

$1.86 €1.65

-68.28%

Onion (1kg)

$0.97 MGA 4,438

$2.02 €1.80

-51.98%

Lettuce (1 head)

$0.32 MGA 1,441

$1.44 €1.28

-77.78%

Water (1.5 liter bottle)

$0.66 MGA 3,013

$0.82 €0.73

-19.51%

Cigarettes 20 Pack (Marlboro, Camel)

$1.57 MGA 7,147

$6.56 €5.83

-76.07%

Wine (Bottle)

$4.98 MGA 22.7K

$5.62 €5.00

-11.39%

Local Beer (0.5 liter bottle)

$1.01 MGA 4,628

$1.28 €1.14

-21.09%

Imported Beer (0.33 liter bottle)

$1.84 MGA 8,410

$2.07 €1.84

-11.11%

One-way Ticket (Public Transport)

$0.13 MGA 605

$2.35 €2.09

-94.47%

Public Transport Monthly Pass (Regular Price)

$44.18 €39.30

Taxi Start (Normal Tariff)

$3.33 MGA 15.2K

$3.99 €3.55

-16.54%

Taxi (Normal Tariff) (1km)

$2.00 MGA 9,126

$1.09 €0.97

83.49%

Taxi 1hour Waiting (Normal Tariff)

$4.34 MGA 19.8K

$16.64 €14.81

-73.92%

Gasoline (1 liter)

$1.13 MGA 5,140

$2.28 €2.03

-50.44%

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

$11.8K MGA 54.0M

$33.7K €30.0K

-64.83%

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

$24.7K MGA 112.7M

$39.3K €35.0K

-37.12%

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

$72.9 MGA 332.5K

$167 €149

-56.48%

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

$16.41 MGA 74.9K

$18.80 €16.72

-12.71%

Internet (50+ Mbps, Unlimited Data)

$57.0 MGA 260.1K

$33.09 €29.43

72.32%

Gym Membership (Monthly)

$28.95 MGA 132.1K

$46.01 €40.93

-37.08%

Tennis Court (1 Hour on Weekend)

$7.20 MGA 32.8K

$19.19 €17.07

-62.48%

Cinema Ticket

$5.68 MGA 25.9K

$9.84 €8.75

-42.28%

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

$24.15 MGA 110.2K

$677 €602

-96.43%

International Primary School, 1 Child (Yearly)

$14.8K MGA 67.3M

$16.9K €15.1K

-12.76%

Jeans (Levis 501 Or Similar)

$28.92 MGA 131.9K

$101 €90.1

-71.43%

Summer Dress (H&M, Zara, etc)

$27.29 MGA 124.5K

$45.76 €40.70

-40.36%

Sport Shoes (Adidas, Nike)

$76.6 MGA 349.4K

$100.0 €88.9

-23.40%

Men's Leather Business Shoes

$67.8 MGA 309.4K

$123 €109

-44.75%

1-bedroom Apartment, City Center (Monthly)

$321 MGA 1.5M

$1,614 €1,436

-80.12%

1-bedroom Apartment, Outside City Center (Monthly)

$148 MGA 674.2K

$1,197 €1,065

-87.65%

3-bedroom Apartment, City Center (Monthly)

$725 MGA 3.3M

$2,862 €2,545

-74.65%

3-bedroom Apartment, Outside City Center (Monthly)

$317 MGA 1.4M

$1,990 €1,770

-84.08%

Buy Apartment in City Center (m2)

$650 MGA 3.0M

$7,577 €6,740

-91.42%

Buy Apartment Outside City Center (m2)

$557 MGA 2.5M

$4,307 €3,831

-87.07%

Average Monthly Net Salary (After Tax)

$132 MGA 600.8K

$1,588 €1,412

-91.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

15.75

3.85

309.09%

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

Last update for Antananarivo: 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

Antananarivo

$148 22.8%

Lisbon

$1.2K 53.9% 710% $1K

Monthly Utilities & Internet

Antananarivo

$146 22.5%

Lisbon

$219 9.9% 49.9% $73

Groceries & Markets

Antananarivo

$140 21.6%

Lisbon

$269 12.1% 92.2% $129

Clothing & Footwear

Antananarivo

$90 13.9%

Lisbon

$166 7.5% 84.3% $76

Eating Out

Antananarivo

$71 10.9%

Lisbon

$242 10.9% 241% $171

Sport & Entertainment

Antananarivo

$40 6.2%

Lisbon

$66 3% 63% $25

Getting Around

Antananarivo

$14 * 2.1%

Lisbon

$63 2.8% 354% $49

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $321 in Antananarivo versus $1,614 in Lisbon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 1105% higher in Lisbon, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $20.00 in Antananarivo versus $61.0 in Lisbon. Monthly groceries follow the same trend: $140 vs $269 – making Antananarivo the more affordable choice for daily food spending.

Good to know

🇲🇬 Antananarivo

🇵🇹 Lisbon

🕒 Local time

14:28 2:28 PM

12:28 12:28 PM

2 h behind Antananarivo

🌤 Weather

👥 Population

1,274,225 Capital

545,923 Capital

💱 Currency

Malagasy Ariary MGA Ar

Euro EUR €

📈 Exchange rate

10,000 MGA = 2.19 USD

10,000 MGA = 1.95 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to MGA – Malagasy Ariary Converter

🇺🇸 United States Dollar ($)

🇲🇬 Malagasy Ariary (Ar)

Malagasy Ariary exchange rates as of October 18, 2026: 1 USD = 4,562 MGA (10,000 MGA = 2.19 USD). 1 EUR = 5,128 MGA (10,000 MGA = 1.95 EUR).

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to MGA in detail →

On the map

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Between locations

Antananarivo Lisbon 8,700 km ≈ 11 h nonstop flight

From you

Antananarivo
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

Antananarivo vs Lisbon: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 242%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $975 per month in Antananarivo and $3,335 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Antananarivo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $650 in Antananarivo and $2,223 in Lisbon. That's a gap of about 242%.

Kindergarten costs $24.15 per month in Antananarivo and $677 in Lisbon. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Antananarivo, where all-in costs run around $650, than in Lisbon at $2,223. In Antananarivo it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

Families tend to lean toward Antananarivo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Antananarivo. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.