Cost of Living Comparison Between Egilsstadir and Lisbon Cost of Living Comparison Between Egilsstadir and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $615 in Egilsstadir versus $2,280 in Lisbon.

Estimated couple costs with rent: $1,013 in Egilsstadir versus $3,294 in Lisbon.

Monthly costs for a family of three with rent: $1,411 in Egilsstadir versus $4,307 in Lisbon.

Living in Egilsstadir costs roughly 73% less than in Lisbon, driven mainly by Groceries & Markets.

The two cities straddle the global median: Egilsstadir is 54% below, Lisbon is 71% above.

Meal at Budget Restaurant

$15.75 €13.74

Three-Course Dinner for Two, Mid-Range

$63.5 €55.3

Fast Food Meal (McDonalds, etc)

$10.45 €9.11

Cappuccino

$2.91 €2.54

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

$2.29 €2.00

Water (0.33 liter bottle)

$1.50 €1.31

Local Beer (0.5 liter draught)

$3.56 €3.11

Imported Beer (0.33 liter bottle)

$3.96 €3.46

Milk (1 liter)

$1.64 ISK 204

$1.08 €0.94

51.85%

White Bread (500g)

$2.74 ISK 340

$1.76 €1.54

55.68%

Rice (white) (1kg)

$2.41 ISK 300

$1.70 €1.48

41.76%

Eggs

$5.85 ISK 728

$3.25 €2.83

80.00%

Local Cheese (1kg)

$21.76 ISK 2,707

$13.25 €11.55

64.23%

Chicken Fillets (1kg)

$31.24 ISK 3,886

$7.70 €6.72

305.71%

Beef Round Steak (1kg)

$43.20 ISK 5,373

$15.77 €13.75

173.94%

Apples (1kg)

$2.59 ISK 322

$2.28 €1.99

13.60%

Banana (1kg)

$2.45 ISK 304

$1.66 €1.44

47.59%

Oranges (1kg)

$2.43 ISK 302

$2.02 €1.76

20.30%

Tomato (1kg)

$3.71 ISK 462

$2.47 €2.16

50.20%

Potato (1kg)

$4.43 ISK 551

$1.79 €1.56

147.49%

Onion (1kg)

$2.01 ISK 250

$2.07 €1.80

-2.90%

Lettuce (1 head)

$2.15 ISK 267

$1.97 €1.72

9.14%

Water (1.5 liter bottle)

$2.12 ISK 263

$0.83 €0.73

155.42%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.71

Wine (Bottle)

$21.37 ISK 2,659

$5.57 €4.85

283.66%

Local Beer (0.5 liter bottle)

$3.69 ISK 459

$1.33 €1.16

177.44%

Imported Beer (0.33 liter bottle)

$3.33 ISK 414

$3.01 €2.62

10.63%

One-way Ticket (Public Transport)

$2.27 €1.98

Public Transport Monthly Pass (Regular Price)

$46.35 €40.41

Taxi Start (Normal Tariff)

$4.23 €3.69

Taxi (Normal Tariff) (1km)

$0.85 €0.74

Taxi 1hour Waiting (Normal Tariff)

$18.83 €16.41

Gasoline (1 liter)

$2.54 ISK 316

$2.02 €1.76

25.74%

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

$35.0K €30.5K

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

$39.6K €34.6K

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

$148 €129

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

$20.52 €17.89

Internet (50+ Mbps, Unlimited Data)

$39.52 €34.46

Gym Membership (Monthly)

$48.17 €42.00

Tennis Court (1 Hour on Weekend)

$18.39 €16.03

Cinema Ticket

$9.10 €7.93

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

$615 €536

International Primary School, 1 Child (Yearly)

$16.3K €14.2K

Jeans (Levis 501 Or Similar)

$102 €88.6

Summer Dress (H&M, Zara, etc)

$42.09 €36.69

Sport Shoes (Adidas, Nike)

$92.3 €80.5

Men's Leather Business Shoes

$122 €106

1-bedroom Apartment, City Center (Monthly)

$1,612 €1,405

1-bedroom Apartment, Outside City Center (Monthly)

$1,254 €1,093

3-bedroom Apartment, City Center (Monthly)

$3,069 €2,676

3-bedroom Apartment, Outside City Center (Monthly)

$2,037 €1,776

Buy Apartment in City Center (m2)

$7,751 €6,757

Buy Apartment Outside City Center (m2)

$4,286 €3,737

Average Monthly Net Salary (After Tax)

$1,602 €1,396

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 Egilsstadir: July 28, 2026

Last update for Lisbon: July 27, 2026

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

Egilsstadir vs Lisbon: Cost of Living - Frequently Asked Questions

Egilsstadir is cheaper overall, especially in Eating Out, Getting Around, Monthly Utilities & Internet, Clothing & Footwear, Sport & Entertainment. The 271% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $923 in Egilsstadir and $3,420 in Lisbon to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Shoppers in Lisbon pay roughly 126% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $615 per month in Egilsstadir versus $2,280 in Lisbon – a 271% gap that adds up to real savings over time for anyone picking the cheaper option.

At $615 in Egilsstadir versus $2,280 in Lisbon, a $1,500 budget is realistic in Egilsstadir but tight or insufficient in Lisbon. The gap between the two cities makes Egilsstadir the clear choice for anyone on this budget.

For families, Egilsstadir is more practical. Housing and childcare are both notably cheaper than in Lisbon, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Egilsstadir and Lisbon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Egilsstadir gentler on the wallet – expenses run 271% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.