Cost of Living Comparison Between Canaries and Lisbon Cost of Living Comparison Between Canaries and Lisbon

Monthly Cost of Living

A single person spends $184 per month in Canaries vs $2,227 in Lisbon, rent included.

A couple spends around $277 per month in Canaries vs $3,305 in Lisbon, rent included.

A family of three spends $369 per month in Canaries vs $4,384 in Lisbon, rent included.

Canaries is about 92% cheaper than Lisbon, driven mainly by Groceries & Markets.

Canaries sits 86% below the global median, while Lisbon is 66% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.17 €13.84

Three-Course Dinner for Two, Mid-Range

$64.6 €55.3

Fast Food Meal (McDonalds, etc)

$10.38 €8.88

Cappuccino

$2.77 €2.37

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

$2.25 €1.92

Water (0.33 liter bottle)

$1.57 €1.35

Local Beer (0.5 liter draught)

$3.49 €2.99

Imported Beer (0.33 liter bottle)

$4.00 €3.43

Milk (1 liter)

$1.08 €0.93

White Bread (500g)

$1.74 €1.49

Rice (white) (1kg)

$1.74 €1.49

Eggs

$3.18 €2.72

Local Cheese (1kg)

$13.43 €11.50

Chicken Fillets (1kg)

$7.99 €6.84

Beef Round Steak (1kg)

$16.09 €13.77

Apples (1kg)

$2.28 €1.95

Banana (1kg)

$1.72 €1.48

Oranges (1kg)

$1.94 €1.66

Tomato (1kg)

$2.54 €2.18

Potato (1kg)

$1.83 €1.57

Onion (1kg)

$2.04 €1.75

Lettuce (1 head)

$1.98 €1.69

Water (1.5 liter bottle)

$0.85 €0.73

Cigarettes 20 Pack (Marlboro, Camel)

$6.85 €5.87

Wine (Bottle)

$5.78 €4.94

Local Beer (0.5 liter bottle)

$1.37 €1.18

Imported Beer (0.33 liter bottle)

$2.90 €2.48

One-way Ticket (Public Transport)

$2.28 €1.95

Public Transport Monthly Pass (Regular Price)

$46.84 €40.10

Taxi Start (Normal Tariff)

$4.08 €3.49

Taxi (Normal Tariff) (1km)

$0.82 €0.70

Taxi 1hour Waiting (Normal Tariff)

$18.27 €15.64

Gasoline (1 liter)

$2.01 €1.72

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

$35.3K €30.2K

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

$38.5K €32.9K

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

$145 €124

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

$20.96 €17.94

Internet (50+ Mbps, Unlimited Data)

$40.05 €34.29

Gym Membership (Monthly)

$48.79 €41.76

Tennis Court (1 Hour on Weekend)

$18.69 €16.00

Cinema Ticket

$9.06 €7.76

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

$607 €519

International Primary School, 1 Child (Yearly)

$16.3K €14.0K

Jeans (Levis 501 Or Similar)

$105 €89.6

Summer Dress (H&M, Zara, etc)

$40.95 €35.06

Sport Shoes (Adidas, Nike)

$93.6 €80.1

Men's Leather Business Shoes

$119 €101

1-bedroom Apartment, City Center (Monthly)

$186 EC$503

$1,604 €1,373

-88.38%

1-bedroom Apartment, Outside City Center (Monthly)

$186 EC$503

$1,236 €1,058

-84.93%

3-bedroom Apartment, City Center (Monthly)

$299 EC$806

$3,046 €2,607

-90.20%

3-bedroom Apartment, Outside City Center (Monthly)

$370 EC$999

$2,057 €1,761

-82.00%

Buy Apartment in City Center (m2)

$182 EC$491

$7,709 €6,599

-97.64%

Buy Apartment Outside City Center (m2)

$262 EC$707

$4,266 €3,652

-93.86%

Average Monthly Net Salary (After Tax)

$1,584 €1,356

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

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

Last update for Canaries: April 25, 2026

Last update for Lisbon: April 26, 2026

Cost Breakdown

A central one-bedroom costs $186 in Canaries versus $1,604 in Lisbon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

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

Canaries vs Lisbon: Cost of Living - Frequently Asked Questions

Lisbon costs about 1109% more than Canaries, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $276 per month in Canaries and $3,341 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

A $1,000 monthly budget goes further in Canaries, where all-in costs run around $184, than in Lisbon at $2,227. In Canaries it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Canaries costs $184 versus $2,227 in Lisbon. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Canaries. 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.