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: $594 in Egilsstadir versus $2,263 in Lisbon.

Estimated couple costs with rent: $1,003 in Egilsstadir versus $3,315 in Lisbon.

Monthly costs for a family of three with rent: $1,413 in Egilsstadir versus $4,368 in Lisbon.

Living in Egilsstadir costs roughly 74% less than in Lisbon, driven mainly by Groceries & Markets.

The two cities straddle the global median: Egilsstadir is 56% below, Lisbon is 68% above.

Meal at Budget Restaurant

$15.94 €13.73

Three-Course Dinner for Two, Mid-Range

$63.4 €54.6

Fast Food Meal (McDonalds, etc)

$10.38 €8.95

Cappuccino

$2.79 €2.40

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

$2.34 €2.01

Water (0.33 liter bottle)

$1.57 €1.35

Local Beer (0.5 liter draught)

$3.43 €2.95

Imported Beer (0.33 liter bottle)

$3.91 €3.37

Milk (1 liter)

$1.68 ISK 210

$1.08 €0.93

55.56%

White Bread (500g)

$2.73 ISK 339

$1.77 €1.52

54.24%

Rice (white) (1kg)

$2.34 ISK 292

$1.71 €1.47

36.84%

Eggs

$5.76 ISK 717

$3.15 €2.71

82.86%

Local Cheese (1kg)

$21.30 ISK 2,652

$13.68 €11.79

55.70%

Chicken Fillets (1kg)

$31.48 ISK 3,919

$8.01 €6.90

293.01%

Beef Round Steak (1kg)

$42.40 ISK 5,278

$15.52 €13.37

173.20%

Apples (1kg)

$2.67 ISK 332

$2.29 €1.98

16.59%

Banana (1kg)

$2.37 ISK 295

$1.64 €1.41

44.51%

Oranges (1kg)

$2.39 ISK 298

$1.94 €1.67

23.20%

Tomato (1kg)

$3.77 ISK 469

$2.51 €2.17

50.20%

Potato (1kg)

$4.24 ISK 528

$1.79 €1.54

136.87%

Onion (1kg)

$2.06 ISK 256

$2.01 €1.73

2.49%

Lettuce (1 head)

$2.19 ISK 272

$1.97 €1.69

11.17%

Water (1.5 liter bottle)

$2.22 ISK 277

$0.84 €0.73

164.29%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 €5.85

Wine (Bottle)

$21.50 ISK 2,677

$5.67 €4.89

279.19%

Local Beer (0.5 liter bottle)

$3.85 ISK 480

$1.39 €1.20

176.98%

Imported Beer (0.33 liter bottle)

$3.40 ISK 423

$3.02 €2.60

12.58%

One-way Ticket (Public Transport)

$2.27 €1.95

Public Transport Monthly Pass (Regular Price)

$45.44 €39.15

Taxi Start (Normal Tariff)

$4.29 €3.70

Taxi (Normal Tariff) (1km)

$0.85 €0.73

Taxi 1hour Waiting (Normal Tariff)

$18.28 €15.75

Gasoline (1 liter)

$2.59 ISK 323

$1.99 €1.71

30.15%

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

$35.0K €30.2K

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

$39.5K €34.1K

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

$146 €126

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

$20.45 €17.62

Internet (50+ Mbps, Unlimited Data)

$38.98 €33.58

Gym Membership (Monthly)

$48.98 €42.21

Tennis Court (1 Hour on Weekend)

$18.83 €16.22

Cinema Ticket

$9.52 €8.21

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

$608 €524

International Primary School, 1 Child (Yearly)

$16.5K €14.2K

Jeans (Levis 501 Or Similar)

$104 €89.5

Summer Dress (H&M, Zara, etc)

$42.12 €36.29

Sport Shoes (Adidas, Nike)

$92.2 €79.5

Men's Leather Business Shoes

$120 €103

1-bedroom Apartment, City Center (Monthly)

$1,621 €1,397

1-bedroom Apartment, Outside City Center (Monthly)

$1,268 €1,092

3-bedroom Apartment, City Center (Monthly)

$3,048 €2,626

3-bedroom Apartment, Outside City Center (Monthly)

$2,009 €1,731

Buy Apartment in City Center (m2)

$7,663 €6,602

Buy Apartment Outside City Center (m2)

$4,329 €3,730

Average Monthly Net Salary (After Tax)

$1,585 €1,366

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: June 6, 2026

Last update for Lisbon: June 8, 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 281% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $891 in Egilsstadir and $3,394 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 124% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $594 per month in Egilsstadir versus $2,263 in Lisbon – a 281% gap that adds up to real savings over time for anyone picking the cheaper option.

At $594 in Egilsstadir versus $2,263 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 281% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.