Cost of Living Comparison Between Florence and Lisbon Cost of Living Comparison Between Florence and Lisbon

Monthly Cost of Living

A single person spends $2,128 per month in Florence vs $2,210 in Lisbon, rent included.

A couple spends around $3,310 per month in Florence vs $3,311 in Lisbon, rent included.

A family of three spends $4,493 per month in Florence vs $4,411 in Lisbon, rent included.

Florence is about 4% cheaper than Lisbon, driven mainly by Groceries & Markets.

Both Florence and Lisbon sit above the global median – Florence by 59%, Lisbon by 65%.

Meal at Budget Restaurant

$22.77 €19.59

$15.91 €13.69

43.12%

Three-Course Dinner for Two, Mid-Range

$92.9 €79.9

$64.8 €55.7

43.42%

Fast Food Meal (McDonalds, etc)

$11.73 €10.09

$10.51 €9.04

11.61%

Cappuccino

$1.93 €1.66

$2.87 €2.47

-32.75%

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

$3.34 €2.87

$2.24 €1.93

49.11%

Water (0.33 liter bottle)

$1.62 €1.39

$1.50 €1.29

8.00%

Local Beer (0.5 liter draught)

$7.06 €6.07

$3.49 €3.00

102.29%

Imported Beer (0.33 liter bottle)

$7.10 €6.11

$3.88 €3.34

82.99%

Milk (1 liter)

$1.63 €1.40

$1.14 €0.98

42.98%

White Bread (500g)

$2.30 €1.98

$1.75 €1.51

31.43%

Rice (white) (1kg)

$4.29 €3.69

$1.76 €1.51

143.75%

Eggs

$4.36 €3.75

$3.22 €2.77

35.40%

Local Cheese (1kg)

$20.70 €17.81

$13.49 €11.61

53.45%

Chicken Fillets (1kg)

$11.17 €9.61

$7.91 €6.81

41.21%

Beef Round Steak (1kg)

$20.76 €17.85

$15.87 €13.65

30.81%

Apples (1kg)

$2.77 €2.38

$2.31 €1.99

19.91%

Banana (1kg)

$1.85 €1.59

$1.70 €1.46

8.82%

Oranges (1kg)

$2.88 €2.48

$2.01 €1.73

43.28%

Tomato (1kg)

$3.57 €3.07

$2.46 €2.12

45.12%

Potato (1kg)

$1.63 €1.40

$1.84 €1.59

-11.41%

Onion (1kg)

$1.72 €1.48

$2.00 €1.72

-14.00%

Lettuce (1 head)

$1.68 €1.44

$1.93 €1.66

-12.95%

Water (1.5 liter bottle)

$0.55 €0.48

$0.79 €0.68

-30.38%

Cigarettes 20 Pack (Marlboro, Camel)

$7.03 €6.05

$6.61 €5.68

6.35%

Wine (Bottle)

$8.25 €7.09

$5.72 €4.92

44.23%

Local Beer (0.5 liter bottle)

$1.66 €1.43

$1.37 €1.17

21.17%

Imported Beer (0.33 liter bottle)

$2.45 €2.11

$2.97 €2.56

-17.51%

One-way Ticket (Public Transport)

$2.02 €1.74

$2.37 €2.04

-14.77%

Public Transport Monthly Pass (Regular Price)

$43.22 €37.18

$45.56 €39.19

-5.14%

Taxi Start (Normal Tariff)

$5.93 €5.10

$4.29 €3.69

38.23%

Taxi (Normal Tariff) (1km)

$1.77 €1.53

$0.82 €0.70

115.85%

Taxi 1hour Waiting (Normal Tariff)

$36.47 €31.38

$18.30 €15.74

99.29%

Gasoline (1 liter)

$2.12 €1.82

$2.06 €1.78

2.91%

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

$33.0K €28.4K

$34.3K €29.5K

-3.59%

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

$31.5K €27.1K

$39.3K €33.8K

-19.81%

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

$206 €177

$148 €127

39.03%

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

$13.67 €11.76

$20.52 €17.65

-33.38%

Internet (50+ Mbps, Unlimited Data)

$34.98 €30.09

$39.61 €34.08

-11.69%

Gym Membership (Monthly)

$85.5 €73.6

$47.85 €41.16

78.70%

Tennis Court (1 Hour on Weekend)

$23.85 €20.51

$18.92 €16.28

26.06%

Cinema Ticket

$11.79 €10.14

$9.18 €7.90

28.43%

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

$765 €658

$614 €528

24.59%

International Primary School, 1 Child (Yearly)

$19.6K €16.9K

$16.0K €13.8K

22.41%

Jeans (Levis 501 Or Similar)

$88.3 €75.9

$105 €90.0

-15.67%

Summer Dress (H&M, Zara, etc)

$31.84 €27.39

$42.06 €36.18

-24.30%

Sport Shoes (Adidas, Nike)

$85.1 €73.2

$94.0 €80.8

-9.42%

Men's Leather Business Shoes

$147 €127

$120 €103

23.07%

1-bedroom Apartment, City Center (Monthly)

$1,117 €960

$1,628 €1,400

-31.41%

1-bedroom Apartment, Outside City Center (Monthly)

$883 €759

$1,255 €1,080

-29.69%

3-bedroom Apartment, City Center (Monthly)

$2,272 €1,954

$3,030 €2,607

-25.02%

3-bedroom Apartment, Outside City Center (Monthly)

$1,528 €1,315

$2,020 €1,738

-24.34%

Buy Apartment in City Center (m2)

$6,579 €5,659

$7,800 €6,709

-15.65%

Buy Apartment Outside City Center (m2)

$4,016 €3,455

$4,273 €3,675

-6.00%

Average Monthly Net Salary (After Tax)

$2,061 €1,773

$1,603 €1,379

28.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.96

3.81

3.94%

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

Last update for Florence: June 1, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A central one-bedroom costs $1,117 in Florence versus $1,628 in Lisbon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 29% higher in Florence, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $93.0 in Florence versus $65.0 in Lisbon. Monthly groceries follow the same trend: $360 vs $269 – making Lisbon the more affordable choice for daily food spending.

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

Florence vs Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,128 in Florence, $2,210 in Lisbon – roughly 4% apart. Lisbon costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $3,191 per month in Florence and $3,315 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Florence, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,128 in Florence and $2,210 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 5% less in Florence. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Florence, where all-in costs run around $2,128, than in Lisbon at $2,210. In Florence it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $2,128 in Florence to $2,210 in Lisbon. Climate, culture, job market, and personal taste all factor in.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Florence. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.