Last update: Oct 2026

Cost of Living Comparison Between Egilsstadir and Lisbon

For one person, living is cheaper in Egilsstadir: $622 a month against $2,210 in Lisbon, rent and utilities included – about $19,100 less a year. Rent and utilities account for most of the difference.

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Cost of Living Index in Lisbon
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Lisbon Living Index

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Egilsstadir

🇮🇸 Iceland

$622

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $622 in Egilsstadir versus $2,210 in Lisbon.

Egilsstadir $622
Lisbon $2,210

Estimated couple costs with rent: $1,036 in Egilsstadir versus $3,275 in Lisbon.

Egilsstadir $1,036
Lisbon $3,275

Monthly costs for a family of three with rent: $1,449 in Egilsstadir versus $4,341 in Lisbon.

Egilsstadir $1,449
Lisbon $4,341

Living in Egilsstadir costs roughly 72% less than in Lisbon, and outside of rent the biggest gap is in transport.

The two cities straddle the global median: Egilsstadir is 54% below, Lisbon is 62% above.

Meal at Budget Restaurant

$16.65 €14.95

Three-Course Dinner for Two, Mid-Range

$61.7 €55.5

Fast Food Meal (McDonalds, etc)

$11.36 €10.20

Cappuccino

$2.97 €2.67

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

$2.29 €2.06

Water (0.33 liter bottle)

$1.74 €1.56

Local Beer (0.5 liter draught)

$3.40 €3.06

Imported Beer (0.33 liter bottle)

$3.31 €2.97

Milk (1 liter)

$1.66 ISK 202

$1.16 €1.04

43.10%

White Bread (500g)

$2.80 ISK 341

$1.91 €1.72

46.60%

Rice (white) (1kg)

$2.47 ISK 300

$1.51 €1.36

63.58%

Eggs

$5.65 ISK 689

$4.02 €3.61

40.55%

Local Cheese (1kg)

$22.02 ISK 2,683

$12.94 €11.62

70.17%

Chicken Fillets (1kg)

$32.21 ISK 3,925

$7.77 €6.98

314.54%

Beef Round Steak (1kg)

$43.35 ISK 5,282

$17.76 €15.95

144.09%

Apples (1kg)

$2.74 ISK 334

$2.30 €2.07

19.13%

Banana (1kg)

$2.40 ISK 293

$1.73 €1.56

38.73%

Oranges (1kg)

$2.53 ISK 308

$1.86 €1.67

36.02%

Tomato (1kg)

$3.87 ISK 472

$2.59 €2.33

49.42%

Potato (1kg)

$4.47 ISK 544

$1.82 €1.64

145.60%

Onion (1kg)

$2.12 ISK 259

$1.97 €1.77

7.61%

Lettuce (1 head)

$2.14 ISK 261

$1.47 €1.32

45.58%

Water (1.5 liter bottle)

$2.23 ISK 271

$0.72 €0.65

209.72%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.91

Wine (Bottle)

$22.37 ISK 2,725

$5.61 €5.04

298.75%

Local Beer (0.5 liter bottle)

$3.95 ISK 481

$1.36 €1.22

190.44%

Imported Beer (0.33 liter bottle)

$3.48 ISK 424

$2.14 €1.92

62.62%

One-way Ticket (Public Transport)

$2.33 €2.10

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

Taxi Start (Normal Tariff)

$6.21 ISK 757

$3.85 €3.46

61.30%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.79

Gasoline (1 liter)

$2.40 ISK 293

$2.20 €1.98

9.09%

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

$34.2K €30.7K

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

$38.7K €34.8K

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

$161 €145

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

$18.41 €16.54

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.41

Gym Membership (Monthly)

$44.55 €40.02

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

Cinema Ticket

$9.60 €8.62

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

$668 €600

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

Jeans (Levis 501 Or Similar)

$102 €91.6

Summer Dress (H&M, Zara, etc)

$44.46 €39.94

Sport Shoes (Adidas, Nike)

$98.5 €88.5

Men's Leather Business Shoes

$124 €111

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,069

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,526

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,808

Buy Apartment in City Center (m2)

$7,839 €7,042

Buy Apartment Outside City Center (m2)

$4,576 €4,110

Average Monthly Net Salary (After Tax)

$1,575 €1,415

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

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

Last update for Egilsstadir: October 26, 2026

Last update for Lisbon: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Egilsstadir

–

Lisbon

$1.2K 53.8%

Groceries & Markets

Egilsstadir

–

Lisbon

$272 12.3%

Eating Out

Egilsstadir

–

Lisbon

$243 11%

Monthly Utilities & Internet

Egilsstadir

–

Lisbon

$212 9.6%

Clothing & Footwear

Egilsstadir

–

Lisbon

$166 7.5%

Sport & Entertainment

Egilsstadir

–

Lisbon

$64 2.9%

Getting Around

Egilsstadir

–

Lisbon

$63 2.9%

Good to know

🇮🇸 Egilsstadir

🇵🇹 Lisbon

🕒 Local time

21:19 9:19 PM

Same time as Egilsstadir

🌤 Weather

👥 Population

2,500

545,923 Capital

💱 Currency

Icelandic Króna ISK kr

Euro EUR €

📈 Exchange rate

1,000 ISK = 8.21 USD

1,000 ISK = 7.37 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 28, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 136 ISK (1,000 ISK = 7.37 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to ISK in detail →

On the map

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Between locations

Egilsstadir Lisbon 2,970 km ≈ 4 h 15 min nonstop flight

From you

Egilsstadir
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

Egilsstadir vs Lisbon: Cost of Living - Frequently Asked Questions

Egilsstadir is about 72% cheaper overall, especially in transport. That difference adds up to real monthly savings that compound significantly over time.

You’d need roughly $934 in Egilsstadir and $3,315 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 56% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $622 per month in Egilsstadir versus $2,210 in Lisbon – Egilsstadir is about 72% cheaper, which adds up to real savings over time.

At $622 in Egilsstadir versus $2,210 in Lisbon, a $1,000 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.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Egilsstadir and Lisbon are both considered safe, so it’s unlikely to be the deciding factor between them.