Cost of Living Comparison Between Drangsnes and Lisbon Cost of Living Comparison Between Drangsnes and Lisbon

😐 Solo nomad: Drangsnes is 100.7% more expensive than Lisbon without rent, and 30% cheaper with rent.

😐 Family of 3: Drangsnes is 60.5% more expensive than Lisbon without rent, and 6.9% cheaper with rent.

Meal at Budget Restaurant

$27.44 ISK 3,367

$15.92 €13.59

72.36%

Three-Course Dinner for Two, Mid-Range

$142 ISK 17.4K

$64.5 €55.1

120.40%

Fast Food Meal (McDonalds, etc)

$22.81 ISK 2,799

$10.54 €9.00

116.41%

Cappuccino

$6.01 ISK 737

$2.91 €2.48

106.53%

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

$3.26 ISK 400

$2.30 €1.96

41.74%

Water (0.33 liter bottle)

$2.56 ISK 314

$1.57 €1.34

63.06%

Local Beer (0.5 liter draught)

$12.62 ISK 1,549

$3.44 €2.94

266.86%

Imported Beer (0.33 liter bottle)

$11.04 ISK 1,354

$3.87 €3.30

185.27%

Milk (1 liter)

$1.92 ISK 236

$1.14 €0.97

68.42%

White Bread (500g)

$4.31 ISK 529

$1.79 €1.53

140.78%

Rice (white) (1kg)

$3.70 ISK 454

$1.75 €1.50

111.43%

Eggs

$6.23 ISK 765

$3.23 €2.76

92.88%

Local Cheese (1kg)

$18.39 ISK 2,256

$13.22 €11.29

39.11%

Chicken Fillets (1kg)

$24.00 ISK 2,945

$8.03 €6.85

198.88%

Beef Round Steak (1kg)

$41.82 ISK 5,131

$16.00 €13.66

161.38%

Apples (1kg)

$3.23 ISK 397

$2.33 €1.99

38.63%

Banana (1kg)

$2.54 ISK 312

$1.65 €1.41

53.94%

Oranges (1kg)

$3.02 ISK 370

$1.94 €1.66

55.67%

Tomato (1kg)

$4.93 ISK 605

$2.44 €2.08

102.05%

Potato (1kg)

$3.57 ISK 439

$1.83 €1.57

95.08%

Onion (1kg)

$2.39 ISK 293

$2.08 €1.78

14.90%

Lettuce (1 head)

$3.16 ISK 388

$2.00 €1.71

58.00%

Water (1.5 liter bottle)

$1.91 ISK 235

$0.80 €0.68

138.75%

Cigarettes 20 Pack (Marlboro, Camel)

$13.75 ISK 1,687

$6.74 €5.76

104.01%

Wine (Bottle)

$24.27 ISK 2,978

$5.80 €4.95

318.45%

Local Beer (0.5 liter bottle)

$3.56 ISK 437

$1.34 €1.14

165.67%

Imported Beer (0.33 liter bottle)

$3.23 ISK 396

$3.01 €2.57

7.31%

One-way Ticket (Public Transport)

$2.37 €2.02

Public Transport Monthly Pass (Regular Price)

$46.20 €39.46

Taxi Start (Normal Tariff)

$6.39 ISK 784

$4.07 €3.48

57.00%

Taxi (Normal Tariff) (1km)

$2.54 ISK 312

$0.87 €0.74

191.95%

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.7K

$18.58 €15.86

367.92%

Gasoline (1 liter)

$2.48 ISK 305

$2.09 €1.78

18.66%

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

$47.6K ISK 5.8M

$34.8K €29.7K

36.95%

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

$52.6K ISK 6.4M

$38.8K €33.1K

35.54%

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

$87.2 ISK 10.7K

$150 €128

-41.98%

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

$27.39 ISK 3,360

$20.62 €17.61

32.83%

Internet (50+ Mbps, Unlimited Data)

$85.6 ISK 10.5K

$40.09 €34.24

113.49%

Gym Membership (Monthly)

$47.85 €40.86

Tennis Court (1 Hour on Weekend)

$18.37 €15.69

Cinema Ticket

$17.47 ISK 2,143

$9.32 €7.96

87.45%

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

$315 ISK 38.7K

$615 €525

-48.71%

International Primary School, 1 Child (Yearly)

$29.7K ISK 3.6M

$16.4K €14.0K

80.57%

Jeans (Levis 501 Or Similar)

$139 ISK 17.0K

$104 €89.0

33.21%

Summer Dress (H&M, Zara, etc)

$62.8 ISK 7,706

$41.10 €35.10

52.82%

Sport Shoes (Adidas, Nike)

$186 ISK 22.8K

$95.3 €81.4

95.16%

Men's Leather Business Shoes

$270 ISK 33.1K

$120 €103

124.36%

1-bedroom Apartment, City Center (Monthly)

$1,630 €1,392

1-bedroom Apartment, Outside City Center (Monthly)

$1,229 €1,049

3-bedroom Apartment, City Center (Monthly)

$3,018 €2,577

3-bedroom Apartment, Outside City Center (Monthly)

$2,004 €1,712

Buy Apartment in City Center (m2)

$7,872 €6,723

Buy Apartment Outside City Center (m2)

$4,319 €3,688

Average Monthly Net Salary (After Tax)

$6,007 ISK 737.0K

$1,611 €1,376

272.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

3.81

152.76%

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

Last update for Drangsnes: March 1, 2026

Last update for Lisbon: March 1, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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