Cost of Living Comparison Between Hella and Lisbon Cost of Living Comparison Between Hella and Lisbon

Monthly Cost of Living

A single person spends $1,685 per month in Hella vs $2,316 in Lisbon, rent included.

A couple spends around $2,919 per month in Hella vs $3,361 in Lisbon, rent included.

A family of three spends $4,153 per month in Hella vs $4,405 in Lisbon, rent included.

Hella is about 27% cheaper than Lisbon, driven mainly by Groceries & Markets.

Both Hella and Lisbon sit above the global median – Hella by 23%, Lisbon by 69%.

Meal at Budget Restaurant

$30.48 ISK 3,693

$17.30 €14.93

76.18%

Three-Course Dinner for Two, Mid-Range

$138 ISK 16.8K

$63.3 €54.6

118.78%

Fast Food Meal (McDonalds, etc)

$26.82 ISK 3,250

$11.39 €9.83

135.47%

Cappuccino

$6.77 ISK 821

$3.19 €2.75

112.23%

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

$3.28 ISK 397

$2.45 €2.11

33.88%

Water (0.33 liter bottle)

$3.22 ISK 390

$1.76 €1.52

82.95%

Local Beer (0.5 liter draught)

$13.85 ISK 1,678

$3.59 €3.10

285.79%

Imported Beer (0.33 liter bottle)

$12.18 ISK 1,477

$3.39 €2.93

259.29%

Milk (1 liter)

$2.12 ISK 256

$1.24 €1.07

70.97%

White Bread (500g)

$4.31 ISK 522

$1.98 €1.71

117.68%

Rice (white) (1kg)

$3.53 ISK 428

$1.52 €1.31

132.24%

Eggs

$7.27 ISK 881

$4.04 €3.49

79.95%

Local Cheese (1kg)

$20.97 ISK 2,541

$13.54 €11.68

54.87%

Chicken Fillets (1kg)

$24.46 ISK 2,964

$8.39 €7.24

191.54%

Beef Round Steak (1kg)

$42.17 ISK 5,111

$18.25 €15.75

131.07%

Apples (1kg)

$3.39 ISK 411

$2.29 €1.98

48.03%

Banana (1kg)

$2.78 ISK 336

$1.74 €1.50

59.77%

Oranges (1kg)

$3.34 ISK 405

$1.86 €1.60

79.57%

Tomato (1kg)

$6.38 ISK 773

$2.63 €2.27

142.59%

Potato (1kg)

$3.92 ISK 475

$1.92 €1.65

104.17%

Onion (1kg)

$1.73 ISK 210

$2.09 €1.81

-17.22%

Lettuce (1 head)

$3.68 ISK 445

$1.44 €1.24

155.56%

Water (1.5 liter bottle)

$1.78 ISK 216

$0.84 €0.73

111.90%

Cigarettes 20 Pack (Marlboro, Camel)

$14.23 ISK 1,725

$6.78 €5.85

109.88%

Wine (Bottle)

$23.45 ISK 2,841

$5.71 €4.93

310.68%

Local Beer (0.5 liter bottle)

$3.72 ISK 451

$1.38 €1.19

169.57%

Imported Beer (0.33 liter bottle)

$3.32 ISK 403

$2.22 €1.91

49.55%

One-way Ticket (Public Transport)

$2.40 €2.07

Public Transport Monthly Pass (Regular Price)

$46.78 €40.37

Taxi Start (Normal Tariff)

$6.90 ISK 836

$4.17 €3.60

65.47%

Taxi (Normal Tariff) (1km)

$2.82 ISK 342

$1.14 €0.98

147.37%

Taxi 1hour Waiting (Normal Tariff)

$73.5 ISK 8,901

$17.68 €15.26

315.44%

Gasoline (1 liter)

$2.01 ISK 243

$2.32 €2.01

-13.36%

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

$52.0K ISK 6.3M

$35.3K €30.5K

47.29%

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

$55.1K ISK 6.7M

$41.4K €35.8K

32.88%

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

$87.1 ISK 10.6K

$170 €147

-48.84%

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

$33.59 ISK 4,070

$19.34 €16.69

73.68%

Internet (50+ Mbps, Unlimited Data)

$83.2 ISK 10.1K

$33.64 €29.03

147.41%

Gym Membership (Monthly)

$48.10 €41.50

Tennis Court (1 Hour on Weekend)

$19.90 €17.17

Cinema Ticket

$19.88 ISK 2,408

$9.92 €8.56

100.40%

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

$1,197 ISK 145.1K

$717 €619

66.91%

International Primary School, 1 Child (Yearly)

$31.2K ISK 3.8M

$17.5K €15.1K

78.79%

Jeans (Levis 501 Or Similar)

$158 ISK 19.2K

$105 €90.4

51.20%

Summer Dress (H&M, Zara, etc)

$67.2 ISK 8,146

$46.95 €40.51

43.17%

Sport Shoes (Adidas, Nike)

$176 ISK 21.4K

$103 €89.2

70.43%

Men's Leather Business Shoes

$254 ISK 30.8K

$124 €107

105.16%

1-bedroom Apartment, City Center (Monthly)

$1,677 €1,447

1-bedroom Apartment, Outside City Center (Monthly)

$1,271 €1,097

3-bedroom Apartment, City Center (Monthly)

$2,985 €2,575

3-bedroom Apartment, Outside City Center (Monthly)

$1,992 €1,719

Buy Apartment in City Center (m2)

$7,826 €6,753

Buy Apartment Outside City Center (m2)

$4,658 €4,019

Average Monthly Net Salary (After Tax)

$1,583 €1,366

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

3.79

134.30%

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

Last update for Hella: September 1, 2026

Last update for Lisbon: August 30, 2026

Cost Breakdown

A mid-range dinner for two costs $138 in Hella versus $63.0 in Lisbon. Monthly groceries follow the same trend: $621 vs $283 – 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

Hella vs Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,685 in Hella, $2,316 in Lisbon – roughly 37% apart. Lisbon costs more across the board, with Groceries & Markets showing the biggest gap.

For a comfortable life, plan on about $2,527 per month in Hella and $3,474 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,685 in Hella and $2,316 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $1,197 per month in Hella and $717 in Lisbon. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $3,000 monthly budget goes further in Hella, where all-in costs run around $1,685, than in Lisbon at $2,316. In Hella 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 $1,685 in Hella to $2,316 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 Hella. 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.