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: $596 in Egilsstadir versus $2,227 in Lisbon.

Estimated couple costs with rent: $992 in Egilsstadir versus $3,305 in Lisbon.

Monthly costs for a family of three with rent: $1,387 in Egilsstadir versus $4,384 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 56% below, Lisbon is 66% above.

Meal at Budget Restaurant

$16.17 €13.81

Three-Course Dinner for Two, Mid-Range

$64.6 €55.1

Fast Food Meal (McDonalds, etc)

$10.38 €8.86

Cappuccino

$2.77 €2.37

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

$2.25 €1.92

Water (0.33 liter bottle)

$1.57 €1.34

Local Beer (0.5 liter draught)

$3.49 €2.98

Imported Beer (0.33 liter bottle)

$4.00 €3.42

Milk (1 liter)

$1.62 ISK 199

$1.08 €0.93

50.00%

White Bread (500g)

$2.86 ISK 350

$1.74 €1.49

64.37%

Rice (white) (1kg)

$2.44 ISK 299

$1.74 €1.48

40.23%

Eggs

$5.64 ISK 691

$3.18 €2.71

77.36%

Local Cheese (1kg)

$21.58 ISK 2,643

$13.43 €11.47

60.69%

Chicken Fillets (1kg)

$31.98 ISK 3,917

$7.99 €6.83

300.25%

Beef Round Steak (1kg)

$42.58 ISK 5,215

$16.09 €13.74

164.64%

Apples (1kg)

$2.69 ISK 330

$2.28 €1.95

17.98%

Banana (1kg)

$2.40 ISK 293

$1.72 €1.47

39.53%

Oranges (1kg)

$2.38 ISK 292

$1.94 €1.66

22.68%

Tomato (1kg)

$3.72 ISK 456

$2.54 €2.17

46.46%

Potato (1kg)

$4.29 ISK 526

$1.83 €1.56

134.43%

Onion (1kg)

$2.12 ISK 259

$2.04 €1.74

3.92%

Lettuce (1 head)

$2.18 ISK 267

$1.98 €1.69

10.10%

Water (1.5 liter bottle)

$2.15 ISK 264

$0.85 €0.73

152.94%

Cigarettes 20 Pack (Marlboro, Camel)

$6.85 €5.85

Wine (Bottle)

$21.73 ISK 2,661

$5.78 €4.93

275.95%

Local Beer (0.5 liter bottle)

$3.87 ISK 474

$1.37 €1.17

182.48%

Imported Beer (0.33 liter bottle)

$3.29 ISK 402

$2.90 €2.48

13.45%

One-way Ticket (Public Transport)

$2.28 €1.95

Public Transport Monthly Pass (Regular Price)

$46.84 €40.00

Taxi Start (Normal Tariff)

$4.08 €3.48

Taxi (Normal Tariff) (1km)

$0.82 €0.70

Taxi 1hour Waiting (Normal Tariff)

$18.27 €15.60

Gasoline (1 liter)

$2.63 ISK 322

$2.01 €1.71

30.85%

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

$35.3K €30.1K

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

$38.5K €32.9K

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

$145 €124

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

$20.96 €17.90

Internet (50+ Mbps, Unlimited Data)

$40.05 €34.21

Gym Membership (Monthly)

$48.79 €41.66

Tennis Court (1 Hour on Weekend)

$18.69 €15.97

Cinema Ticket

$9.06 €7.74

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

$607 €518

International Primary School, 1 Child (Yearly)

$16.3K €13.9K

Jeans (Levis 501 Or Similar)

$105 €89.4

Summer Dress (H&M, Zara, etc)

$40.95 €34.97

Sport Shoes (Adidas, Nike)

$93.6 €79.9

Men's Leather Business Shoes

$119 €101

1-bedroom Apartment, City Center (Monthly)

$1,604 €1,370

1-bedroom Apartment, Outside City Center (Monthly)

$1,236 €1,055

3-bedroom Apartment, City Center (Monthly)

$3,046 €2,601

3-bedroom Apartment, Outside City Center (Monthly)

$2,057 €1,756

Buy Apartment in City Center (m2)

$7,709 €6,583

Buy Apartment Outside City Center (m2)

$4,266 €3,644

Average Monthly Net Salary (After Tax)

$1,584 €1,353

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: April 28, 2026

Last update for Lisbon: April 26, 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 274% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $893 in Egilsstadir and $3,341 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 $596 per month in Egilsstadir versus $2,227 in Lisbon – a 274% gap that adds up to real savings over time for anyone picking the cheaper option.

At $596 in Egilsstadir versus $2,227 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 274% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.