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

Monthly Cost of Living

A single person spends $1,616 per month in Hella vs $2,210 in Lisbon, rent included.

A couple spends around $2,788 per month in Hella vs $3,311 in Lisbon, rent included.

A family of three spends $3,959 per month in Hella vs $4,411 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 21%, Lisbon by 65%.

Meal at Budget Restaurant

$27.19 ISK 3,352

$15.91 €13.69

70.90%

Three-Course Dinner for Two, Mid-Range

$145 ISK 17.9K

$64.8 €55.7

123.70%

Fast Food Meal (McDonalds, etc)

$22.91 ISK 2,825

$10.51 €9.04

117.98%

Cappuccino

$5.95 ISK 734

$2.87 €2.47

107.32%

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

$3.35 ISK 413

$2.24 €1.93

49.55%

Water (0.33 liter bottle)

$2.54 ISK 313

$1.50 €1.29

69.33%

Local Beer (0.5 liter draught)

$12.62 ISK 1,556

$3.49 €3.00

261.60%

Imported Beer (0.33 liter bottle)

$11.32 ISK 1,395

$3.88 €3.34

191.75%

Milk (1 liter)

$1.93 ISK 239

$1.14 €0.98

69.30%

White Bread (500g)

$4.29 ISK 529

$1.75 €1.51

145.14%

Rice (white) (1kg)

$3.73 ISK 460

$1.76 €1.51

111.93%

Eggs

$6.54 ISK 807

$3.22 €2.77

103.11%

Local Cheese (1kg)

$18.07 ISK 2,228

$13.49 €11.61

33.95%

Chicken Fillets (1kg)

$24.24 ISK 2,989

$7.91 €6.81

206.45%

Beef Round Steak (1kg)

$41.82 ISK 5,156

$15.87 €13.65

163.52%

Apples (1kg)

$3.37 ISK 415

$2.31 €1.99

45.89%

Banana (1kg)

$2.41 ISK 297

$1.70 €1.46

41.76%

Oranges (1kg)

$2.97 ISK 366

$2.01 €1.73

47.76%

Tomato (1kg)

$5.12 ISK 631

$2.46 €2.12

108.13%

Potato (1kg)

$3.57 ISK 440

$1.84 €1.59

94.02%

Onion (1kg)

$2.36 ISK 291

$2.00 €1.72

18.00%

Lettuce (1 head)

$3.03 ISK 373

$1.93 €1.66

56.99%

Water (1.5 liter bottle)

$2.02 ISK 249

$0.79 €0.68

155.70%

Cigarettes 20 Pack (Marlboro, Camel)

$13.68 ISK 1,687

$6.61 €5.68

106.96%

Wine (Bottle)

$23.54 ISK 2,902

$5.72 €4.92

311.54%

Local Beer (0.5 liter bottle)

$3.59 ISK 442

$1.37 €1.17

162.04%

Imported Beer (0.33 liter bottle)

$3.31 ISK 408

$2.97 €2.56

11.45%

One-way Ticket (Public Transport)

$2.37 €2.04

Public Transport Monthly Pass (Regular Price)

$45.56 €39.19

Taxi Start (Normal Tariff)

$6.44 ISK 794

$4.29 €3.69

50.12%

Taxi (Normal Tariff) (1km)

$2.64 ISK 326

$0.82 €0.70

221.95%

Taxi 1hour Waiting (Normal Tariff)

$86.9 ISK 10.7K

$18.30 €15.74

374.64%

Gasoline (1 liter)

$2.54 ISK 313

$2.06 €1.78

23.30%

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

$48.1K ISK 5.9M

$34.3K €29.5K

40.44%

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

$52.5K ISK 6.5M

$39.3K €33.8K

33.55%

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

$87.7 ISK 10.8K

$148 €127

-40.71%

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

$27.00 ISK 3,329

$20.52 €17.65

31.58%

Internet (50+ Mbps, Unlimited Data)

$84.8 ISK 10.5K

$39.61 €34.08

114.19%

Gym Membership (Monthly)

$47.85 €41.16

Tennis Court (1 Hour on Weekend)

$18.92 €16.28

Cinema Ticket

$17.71 ISK 2,184

$9.18 €7.90

92.92%

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

$324 ISK 40.0K

$614 €528

-47.16%

International Primary School, 1 Child (Yearly)

$30.6K ISK 3.8M

$16.0K €13.8K

90.50%

Jeans (Levis 501 Or Similar)

$142 ISK 17.5K

$105 €90.0

35.29%

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,517

$42.06 €36.18

44.94%

Sport Shoes (Adidas, Nike)

$183 ISK 22.6K

$94.0 €80.8

95.04%

Men's Leather Business Shoes

$262 ISK 32.3K

$120 €103

118.72%

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,400

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,080

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,607

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,738

Buy Apartment in City Center (m2)

$7,800 €6,709

Buy Apartment Outside City Center (m2)

$4,273 €3,675

Average Monthly Net Salary (After Tax)

$1,603 €1,379

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

3.81

152.76%

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

Last update for Hella: June 1, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A mid-range dinner for two costs $145 in Hella versus $65.0 in Lisbon. Monthly groceries follow the same trend: $596 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

Hella vs Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,616 in Hella, $2,210 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 $2,425 per month in Hella and $3,315 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,616 in Hella and $2,210 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $324 per month in Hella and $614 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 $1,616, than in Lisbon at $2,210. 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 $1,616 in Hella 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 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.