Last update: Oct 2026

Cost of Living Comparison Between Cold Lake and Lisbon

For one person, living is cheaper in Cold Lake: $1,912 a month against $2,223 in Lisbon, rent and utilities included – about $3,700 less a year. Rent and utilities account for most of the difference.

93

Cost of Living Index in Cold Lake
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Cold Lake Living Index
107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

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Cold Lake

🇨🇦 Canada

$1,912

/mo nomad

Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Monthly Cost of Living

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

A single person spends $1,912 per month in Cold Lake vs $2,223 in Lisbon, rent included.

Cold Lake $1,912
Lisbon $2,223

A couple spends around $2,791 per month in Cold Lake vs $3,271 in Lisbon, rent included.

Cold Lake $2,791
Lisbon $3,271

A family of three spends $3,670 per month in Cold Lake vs $4,319 in Lisbon, rent included.

Cold Lake $3,670
Lisbon $4,319

Cold Lake is about 14% cheaper than Lisbon, and outside of rent the biggest gap is in clothing.

Both Cold Lake and Lisbon sit above the global median – Cold Lake by 42%, Lisbon by 65%.

Meal at Budget Restaurant

$19.96 CA$28.21

$16.50 €14.67

20.97%

Three-Course Dinner for Two, Mid-Range

$57.5 CA$81.2

$61.3 €54.5

-6.19%

Fast Food Meal (McDonalds, etc)

$9.67 CA$13.68

$11.27 €10.03

-14.20%

Cappuccino

$3.82 CA$5.40

$3.06 €2.72

24.84%

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

$2.26 CA$3.19

$2.26 €2.01

Water (0.33 liter bottle)

$1.42 CA$2.01

$1.73 €1.54

-17.92%

Local Beer (0.5 liter draught)

$5.57 CA$7.87

$3.39 €3.02

64.31%

Imported Beer (0.33 liter bottle)

$6.14 CA$8.68

$3.40 €3.02

80.59%

Milk (1 liter)

$1.16 CA$1.64

$1.12 €1.00

3.57%

White Bread (500g)

$2.18 CA$3.09

$1.86 €1.65

17.20%

Rice (white) (1kg)

$2.87 CA$4.06

$1.53 €1.36

87.58%

Eggs

$3.07 CA$4.35

$3.96 €3.53

-22.47%

Local Cheese (1kg)

$10.61 CA$14.99

$12.76 €11.35

-16.85%

Chicken Fillets (1kg)

$11.16 CA$15.77

$7.90 €7.02

41.27%

Beef Round Steak (1kg)

$18.77 CA$26.53

$16.97 €15.09

10.61%

Apples (1kg)

$3.50 CA$4.94

$2.27 €2.02

54.19%

Banana (1kg)

$1.16 CA$1.64

$1.75 €1.55

-33.71%

Oranges (1kg)

$2.81 CA$3.97

$1.85 €1.64

51.89%

Tomato (1kg)

$2.48 CA$3.50

$2.57 €2.28

-3.50%

Potato (1kg)

$2.15 CA$3.04

$1.86 €1.65

15.59%

Onion (1kg)

$1.06 CA$1.50

$2.02 €1.80

-47.52%

Lettuce (1 head)

$2.33 CA$3.30

$1.44 €1.28

61.81%

Water (1.5 liter bottle)

$1.75 CA$2.48

$0.82 €0.73

113.41%

Cigarettes 20 Pack (Marlboro, Camel)

$11.94 CA$16.88

$6.56 €5.83

82.01%

Wine (Bottle)

$11.41 CA$16.14

$5.62 €5.00

103.02%

Local Beer (0.5 liter bottle)

$3.57 CA$5.05

$1.28 €1.14

178.91%

Imported Beer (0.33 liter bottle)

$2.85 CA$4.03

$2.07 €1.84

37.68%

One-way Ticket (Public Transport)

$2.35 €2.09

Public Transport Monthly Pass (Regular Price)

$44.18 €39.30

Taxi Start (Normal Tariff)

$2.92 CA$4.13

$3.99 €3.55

-26.82%

Taxi (Normal Tariff) (1km)

$1.38 CA$1.95

$1.09 €0.97

26.61%

Taxi 1hour Waiting (Normal Tariff)

$20.67 CA$29.22

$16.64 €14.81

24.22%

Gasoline (1 liter)

$1.03 CA$1.45

$2.28 €2.03

-54.82%

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

$28.3K CA$40.0K

$33.7K €30.0K

-16.07%

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

$19.4K CA$27.4K

$39.3K €35.0K

-50.67%

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

$225 CA$318

$167 €149

34.34%

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

$43.04 CA$60.8

$18.80 €16.72

128.94%

Internet (50+ Mbps, Unlimited Data)

$54.3 CA$76.7

$33.09 €29.43

63.95%

Gym Membership (Monthly)

$46.01 €40.93

Tennis Court (1 Hour on Weekend)

$19.19 €17.07

Cinema Ticket

$12.61 CA$17.82

$9.84 €8.75

28.15%

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

$761 CA$1,075

$677 €602

12.32%

International Primary School, 1 Child (Yearly)

$9,434 CA$13.3K

$16.9K €15.1K

-44.24%

Jeans (Levis 501 Or Similar)

$28.35 CA$40.08

$101 €90.1

-72.00%

Summer Dress (H&M, Zara, etc)

$35.05 CA$49.55

$45.76 €40.70

-23.40%

Sport Shoes (Adidas, Nike)

$51.5 CA$72.8

$100.0 €88.9

-48.51%

Men's Leather Business Shoes

$85.9 CA$121

$123 €109

-30.06%

1-bedroom Apartment, City Center (Monthly)

$860 CA$1,216

$1,614 €1,436

-46.70%

1-bedroom Apartment, Outside City Center (Monthly)

$840 CA$1,188

$1,197 €1,065

-29.79%

3-bedroom Apartment, City Center (Monthly)

$1,544 CA$2,183

$2,862 €2,545

-46.04%

3-bedroom Apartment, Outside City Center (Monthly)

$1,397 CA$1,975

$1,990 €1,770

-29.79%

Buy Apartment in City Center (m2)

$7,577 €6,740

Buy Apartment Outside City Center (m2)

$4,307 €3,831

Average Monthly Net Salary (After Tax)

$3,084 CA$4,359

$1,588 €1,412

94.22%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.32

3.85

12.21%

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

Last update for Cold Lake: October 12, 2026

Last update for Lisbon: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Cold Lake

$840 44%

Lisbon

$1.2K 53.9% 42.4% $357

Groceries & Markets

Cold Lake

$335 17.5%

Lisbon

$269 12.1% 19.5% $65

Monthly Utilities & Internet

Cold Lake

$322 16.9%

Lisbon

$219 9.9% 31.9% $103

Eating Out

Cold Lake

$289 15.1%

Lisbon

$242 10.9% 16.3% $47

Clothing & Footwear

Cold Lake

$90 4.7%

Lisbon

$166 7.5% 84.2% $76

Sport & Entertainment

Cold Lake

$25 * 1.3%

Lisbon

$66 3% 161% $40

Getting Around

Cold Lake

$9.8 * 0.5%

Lisbon

$63 2.8% 541% $53

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

Cost Breakdown

A central one-bedroom costs $860 in Cold Lake 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 94% 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 $57.0 in Cold Lake versus $61.0 in Lisbon. Groceries tell a different story – $335 in Cold Lake vs $269 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

Good to know

🇨🇦 Cold Lake

🇵🇹 Lisbon

🕒 Local time

13:42 1:42 PM

20:42 8:42 PM

7 h ahead of Cold Lake

🌤 Weather

👥 Population

11,595

545,923 Capital

💱 Currency

Canadian Dollar CAD $

Euro EUR €

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 18, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

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

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

Cold Lake Lisbon 7,230 km ≈ 10 h nonstop flight

From you

Cold Lake
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

Cold Lake vs Lisbon: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 16%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,868 per month in Cold Lake 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 Cold Lake, 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 $1,912 in Cold Lake and $2,223 in Lisbon. That's a gap of about 16%.

Kindergarten costs $761 per month in Cold Lake and $677 in Lisbon. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $1,912, than in Lisbon at $2,223. In Cold Lake it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

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.

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 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.