Last update: Nov 2026

Cost of Living Comparison Between Carmel, IN and Lisbon

For one person, living is cheaper in Lisbon: $2,206 a month against $2,557 in Carmel, IN, rent and utilities included – about $4,200 less a year. Other living expenses account for most of the difference.

123

Cost of Living Index in Carmel, IN
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Carmel, IN Living Index
106

Cost of Living Index in Lisbon
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Lisbon Living Index

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Carmel, IN

🇺🇸 United States

$2,557

/mo nomad

Lisbon

🇵🇹 Portugal

$2,206

/mo nomad

Monthly Cost of Living

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

A single person spends $2,557 per month in Carmel, IN vs $2,206 in Lisbon, rent included.

Carmel, IN $2,557
Lisbon $2,206

A couple spends around $3,944 per month in Carmel, IN vs $3,276 in Lisbon, rent included.

Carmel, IN $3,944
Lisbon $3,276

A family of three spends $5,331 per month in Carmel, IN vs $4,346 in Lisbon, rent included.

Carmel, IN $5,331
Lisbon $4,346

Carmel, IN costs about 16% more than Lisbon, and outside of rent the biggest gap is in groceries.

Both Carmel, IN and Lisbon sit above the global median – Carmel, IN by 89%, Lisbon by 63%.

Meal at Budget Restaurant

$19.80 $19.80

$16.86 €14.98

17.44%

Three-Course Dinner for Two, Mid-Range

$78.8 $78.8

$61.0 €54.2

29.05%

Fast Food Meal (McDonalds, etc)

$9.22 $9.22

$10.98 €9.75

-16.03%

Cappuccino

$4.74 $4.74

$3.05 €2.71

55.41%

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

$2.74 $2.74

$2.28 €2.03

20.18%

Water (0.33 liter bottle)

$1.96 $1.96

$1.68 €1.49

16.67%

Local Beer (0.5 liter draught)

$5.91 $5.91

$3.44 €3.05

71.80%

Imported Beer (0.33 liter bottle)

$7.54 $7.54

$3.91 €3.47

92.84%

Milk (1 liter)

$0.89 $0.89

$1.15 €1.02

-22.61%

White Bread (500g)

$3.24 $3.24

$1.89 €1.68

71.43%

Rice (white) (1kg)

$4.74 $4.74

$1.50 €1.33

216.00%

Eggs

$4.25 $4.25

$4.12 €3.66

3.16%

Local Cheese (1kg)

$12.62 $12.62

$13.01 €11.55

-3.00%

Chicken Fillets (1kg)

$11.24 $11.24

$8.04 €7.15

39.80%

Beef Round Steak (1kg)

$16.33 $16.33

$17.89 €15.89

-8.72%

Apples (1kg)

$5.41 $5.41

$2.27 €2.02

138.33%

Banana (1kg)

$1.47 $1.47

$1.74 €1.55

-15.52%

Oranges (1kg)

$4.22 $4.22

$1.82 €1.62

131.87%

Tomato (1kg)

$4.21 $4.21

$2.69 €2.39

56.51%

Potato (1kg)

$2.53 $2.53

$1.77 €1.57

42.94%

Onion (1kg)

$2.95 $2.95

$1.94 €1.72

52.06%

Lettuce (1 head)

$2.02 $2.02

$1.46 €1.30

38.36%

Water (1.5 liter bottle)

$2.55 $2.55

$0.76 €0.68

235.53%

Cigarettes 20 Pack (Marlboro, Camel)

$11.39 $11.39

$6.66 €5.91

71.02%

Wine (Bottle)

$15.02 $15.02

$5.64 €5.01

166.31%

Local Beer (0.5 liter bottle)

$2.12 $2.12

$1.29 €1.15

64.34%

Imported Beer (0.33 liter bottle)

$3.50 $3.50

$2.14 €1.90

63.55%

One-way Ticket (Public Transport)

$2.45 $2.45

$2.30 €2.04

6.52%

Public Transport Monthly Pass (Regular Price)

$44.02 €39.10

Taxi Start (Normal Tariff)

$1.97 $1.97

$3.98 €3.54

-50.50%

Taxi (Normal Tariff) (1km)

$1.26 $1.26

$0.64 €0.57

96.88%

Taxi 1hour Waiting (Normal Tariff)

$24.84 $24.84

$18.93 €16.81

31.22%

Gasoline (1 liter)

$0.98 $0.98

$2.28 €2.02

-57.02%

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

$30.2K $30.2K

$33.4K €29.6K

-9.49%

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

$26.3K $26.3K

$38.5K €34.2K

-31.63%

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

$230 $230

$158 €141

45.28%

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

$70.7 $70.7

$17.54 €15.58

303.19%

Internet (50+ Mbps, Unlimited Data)

$67.4 $67.4

$31.18 €27.70

116.00%

Gym Membership (Monthly)

$69.6 $69.6

$44.64 €39.66

55.87%

Tennis Court (1 Hour on Weekend)

$31.88 $31.88

$18.98 €16.86

67.97%

Cinema Ticket

$14.89 $14.89

$9.58 €8.51

55.43%

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

$1,740 $1,740

$674 €598

158.27%

International Primary School, 1 Child (Yearly)

$24.9K $24.9K

$18.7K €16.6K

33.17%

Jeans (Levis 501 Or Similar)

$49.86 $49.86

$102 €90.8

-51.21%

Summer Dress (H&M, Zara, etc)

$45.01 $45.01

$45.90 €40.77

-1.94%

Sport Shoes (Adidas, Nike)

$87.9 $87.9

$102 €90.8

-13.98%

Men's Leather Business Shoes

$108 $108

$122 €108

-11.37%

1-bedroom Apartment, City Center (Monthly)

$1,492 $1,492

$1,641 €1,457

-9.03%

1-bedroom Apartment, Outside City Center (Monthly)

$1,241 $1,241

$1,187 €1,055

4.51%

3-bedroom Apartment, City Center (Monthly)

$2,631 $2,631

$2,825 €2,509

-6.86%

3-bedroom Apartment, Outside City Center (Monthly)

$2,416 $2,416

$2,018 €1,793

19.69%

Buy Apartment in City Center (m2)

$1,876 $1,876

$7,836 €6,960

-76.06%

Buy Apartment Outside City Center (m2)

$1,793 $1,793

$4,701 €4,176

-61.87%

Average Monthly Net Salary (After Tax)

$6,277 $6,277

$1,687 €1,499

272.08%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.7

3.82

75.39%

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

Last update for Carmel, IN: November 1, 2026

Last update for Lisbon: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Carmel, IN

$1.2K 48.5%

Lisbon

$1.2K 53.8% 4.3% $54

Groceries & Markets

Carmel, IN

$394 15.4%

Lisbon

$275 12.5% 30.3% $119

Monthly Utilities & Internet

Carmel, IN

$368 14.4%

Lisbon

$207 9.4% 43.8% $161

Eating Out

Carmel, IN

$306 12%

Lisbon

$245 11.1% 20% $61

Clothing & Footwear

Carmel, IN

$131 5.1%

Lisbon

$168 7.6% 28% $37

Sport & Entertainment

Carmel, IN

$99 3.9%

Lisbon

$64 2.9% 35.8% $36

Getting Around

Carmel, IN

$18 * 0.7%

Lisbon

$60 2.7% 235% $42

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

Cost Breakdown

A central one-bedroom costs $1,492 in Carmel, IN versus $1,641 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 in Carmel, IN are about 3.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $79 in Carmel, IN versus $61 in Lisbon. Monthly groceries follow the same trend: $394 vs $275 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇺🇸 Carmel, IN

🇵🇹 Lisbon

🕒 Local time

12:24 12:24 PM

17:24 5:24 PM

5 h ahead of Carmel, IN

🌤 Weather

👥 Population

99,757

545,923 Capital

💱 Currency

United States Dollar USD $

Euro EUR €

📈 Exchange rate

1 USD = 0.892 EUR

1 EUR = 1.13 USD

Exchange rates and currency converter

On the map

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Between locations

Carmel, IN Lisbon 6,400 km ≈ 9 h nonstop flight

From you

Carmel, IN
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

Carmel, IN vs Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,557 in Carmel, IN, $2,206 in Lisbon – Lisbon comes out roughly 14% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,836 per month in Carmel, IN and $3,309 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,492 in Carmel, IN and $1,641 in Lisbon. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $79 in Carmel, IN and $61 in Lisbon. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 44% more in Carmel, IN, though the gap depends on what you buy.

$3,000 covers both cities comfortably – all-in costs are $2,557 in Carmel, IN and $2,206 in Lisbon, leaving budget for savings and extras in both cases.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $2,206 in Lisbon to $2,557 in Carmel, IN. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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