Cost of Living Comparison Between Cold Lake and Lisbon Cost of Living Comparison Between Cold Lake and Lisbon

Monthly Cost of Living

A single person spends $2,029 per month in Cold Lake vs $2,210 in Lisbon, rent included.

A couple spends around $3,036 per month in Cold Lake vs $3,311 in Lisbon, rent included.

A family of three spends $4,044 per month in Cold Lake vs $4,411 in Lisbon, rent included.

Cold Lake is about 8% cheaper than Lisbon, driven mainly by Groceries & Markets.

Both Cold Lake and Lisbon sit above the global median – Cold Lake by 51%, Lisbon by 65%.

Currency
🍽 Eating Out
Cold Lake
Lisbon
Difference
Meal at Budget Restaurant
$18.59 CA$25.75
$15.91 €13.69
16.84%
Three-Course Dinner for Two, Mid-Range
$61.6 CA$85.3
$64.8 €55.7
-4.91%
Fast Food Meal (McDonalds, etc)
$11.43 CA$15.83
$10.51 €9.04
8.75%
Cappuccino
$3.83 CA$5.30
$2.87 €2.47
33.45%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.15 CA$2.97
$2.24 €1.93
-4.02%
Water (0.33 liter bottle)
$1.50 CA$2.08
$1.50 €1.29
-
Local Beer (0.5 liter draught)
$5.72 CA$7.92
$3.49 €3.00
63.90%
Imported Beer (0.33 liter bottle)
$5.91 CA$8.18
$3.88 €3.34
52.32%
🛒 Groceries & Markets
Cold Lake
Lisbon
Difference
Milk (1 liter)
$1.06 CA$1.47
$1.14 €0.98
-7.02%
White Bread (500g)
$2.05 CA$2.83
$1.75 €1.51
17.14%
Rice (white) (1kg)
$3.16 CA$4.37
$1.76 €1.51
79.55%
Eggs
$3.58 CA$4.96
$3.22 €2.77
11.18%
Local Cheese (1kg)
$11.51 CA$15.94
$13.49 €11.61
-14.68%
Chicken Fillets (1kg)
$12.75 CA$17.65
$7.91 €6.81
61.19%
Beef Round Steak (1kg)
$16.06 CA$22.24
$15.87 €13.65
1.20%
Apples (1kg)
$4.61 CA$6.39
$2.31 €1.99
99.57%
Banana (1kg)
$1.11 CA$1.54
$1.70 €1.46
-34.71%
Oranges (1kg)
$1.89 CA$2.62
$2.01 €1.73
-5.97%
Tomato (1kg)
$2.19 CA$3.03
$2.46 €2.12
-10.98%
Potato (1kg)
$2.37 CA$3.28
$1.84 €1.59
28.80%
Onion (1kg)
$1.08 CA$1.49
$2.00 €1.72
-46.00%
Lettuce (1 head)
$2.70 CA$3.74
$1.93 €1.66
39.90%
Water (1.5 liter bottle)
$1.93 CA$2.67
$0.79 €0.68
144.30%
Cigarettes 20 Pack (Marlboro, Camel)
$12.43 CA$17.22
$6.61 €5.68
88.05%
Wine (Bottle)
$12.26 CA$16.97
$5.72 €4.92
114.34%
Local Beer (0.5 liter bottle)
$2.98 CA$4.12
$1.37 €1.17
117.52%
Imported Beer (0.33 liter bottle)
$3.27 CA$4.53
$2.97 €2.56
10.10%
🚌 Getting Around
Cold Lake
Lisbon
Difference
One-way Ticket (Public Transport)
$2.42 CA$3.34
$2.37 €2.04
2.11%
Public Transport Monthly Pass (Regular Price)
$62.9 CA$87.1
$45.56 €39.19
38.10%
Taxi Start (Normal Tariff)
$3.24 CA$4.48
$4.29 €3.69
-24.48%
Taxi (Normal Tariff) (1km)
$1.66 CA$2.29
$0.82 €0.70
102.44%
Taxi 1hour Waiting (Normal Tariff)
$23.09 CA$31.96
$18.30 €15.74
26.17%
Gasoline (1 liter)
$1.01 CA$1.39
$2.06 €1.78
-50.97%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$25.0K CA$34.6K
$34.3K €29.5K
-27.15%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$22.0K CA$30.5K
$39.3K €33.8K
-43.98%
🧾 Monthly Utilities & Internet
Cold Lake
Lisbon
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$204 CA$283
$148 €127
38.10%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$44.18 CA$61.2
$20.52 €17.65
115.30%
Internet (50+ Mbps, Unlimited Data)
$65.3 CA$90.4
$39.61 €34.08
64.91%
🎉 Sport & Entertainment
Cold Lake
Lisbon
Difference
Gym Membership (Monthly)
$42.61 CA$59.0
$47.85 €41.16
-10.95%
Tennis Court (1 Hour on Weekend)
-
$18.92 €16.28
-
Cinema Ticket
$13.46 CA$18.63
$9.18 €7.90
46.62%
🧸 Childcare & Education
Cold Lake
Lisbon
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$708 CA$980
$614 €528
15.26%
International Primary School, 1 Child (Yearly)
$11.7K CA$16.2K
$16.0K €13.8K
-26.93%
👕👟 Clothing & Footwear
Cold Lake
Lisbon
Difference
Jeans (Levis 501 Or Similar)
$29.96 CA$41.48
$105 €90.0
-71.37%
Summer Dress (H&M, Zara, etc)
$36.74 CA$50.9
$42.06 €36.18
-12.65%
Sport Shoes (Adidas, Nike)
$54.7 CA$75.7
$94.0 €80.8
-41.79%
Men's Leather Business Shoes
$93.0 CA$129
$120 €103
-22.28%
🏠 Accommodation & Living
Cold Lake
Lisbon
Difference
1-bedroom Apartment, City Center (Monthly)
$899 CA$1,245
$1,628 €1,400
-44.75%
1-bedroom Apartment, Outside City Center (Monthly)
$867 CA$1,200
$1,255 €1,080
-30.93%
3-bedroom Apartment, City Center (Monthly)
$1,614 CA$2,235
$3,030 €2,607
-46.72%
3-bedroom Apartment, Outside City Center (Monthly)
$1,517 CA$2,100
$2,020 €1,738
-24.91%
Buy Apartment in City Center (m2)
-
$7,800 €6,709
-
Buy Apartment Outside City Center (m2)
-
$4,273 €3,675
-
💵 Salaries & Financials
Cold Lake
Lisbon
Difference
Average Monthly Net Salary (After Tax)
$3,146 CA$4,356
$1,603 €1,379
96.20%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.08
3.81
59.58%

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

Last update for Cold Lake: May 31, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A central one-bedroom costs $899 in Cold Lake versus $1,628 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 96% higher in Cold Lake, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $62.0 in Cold Lake versus $65.0 in Lisbon. Groceries tell a different story – $342 in Cold Lake vs $269 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

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
Cold Lake vs Lisbon: Cost of Living - Frequently Asked Questions
Is Lisbon cheaper than Cold Lake?
Yes – Lisbon is pricier by about 9%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,043 per month in Cold Lake and $3,315 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Cold Lake, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Cold Lake or Lisbon?
A mid-range dinner for two costs $62.0 in Cold Lake and $65.0 in Lisbon. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
What are total monthly expenses in Cold Lake vs Lisbon?
Monthly expenses with rent come to $2,029 in Cold Lake and $2,210 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.
Is $2,500 a realistic budget for Cold Lake or Lisbon?
A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $2,029, than in Lisbon at $2,210. In Cold Lake it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.
Is Cold Lake or Lisbon more family-friendly?
Families tend to lean toward Cold Lake – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Cold Lake or Lisbon?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Cold Lake. 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.

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