Last update: Oct 2026

Cost of Living Comparison Between Hverageroi and Lisbon

For one person, living is cheaper in Hverageroi: $1,722 a month against $2,210 in Lisbon, rent and utilities included – about $5,900 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

83

Cost of Living Index in Hverageroi
Learn more

Hverageroi Living Index
107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

Jump to prices

Hverageroi

🇮🇸 Iceland

$1,722

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

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

A single person spends $1,722 per month in Hverageroi vs $2,210 in Lisbon, rent included.

Hverageroi $1,722
Lisbon $2,210

A couple spends around $2,933 per month in Hverageroi vs $3,275 in Lisbon, rent included.

Hverageroi $2,933
Lisbon $3,275

A family of three spends $4,144 per month in Hverageroi vs $4,341 in Lisbon, rent included.

Hverageroi $4,144
Lisbon $4,341

Hverageroi is about 22% cheaper than Lisbon, and outside of rent the biggest gap is in transport.

Both Hverageroi and Lisbon sit above the global median – Hverageroi by 27%, Lisbon by 62%.

Meal at Budget Restaurant

$31.42 ISK 3,828

$16.65 €14.93

88.71%

Three-Course Dinner for Two, Mid-Range

$124 ISK 15.1K

$61.7 €55.4

100.79%

Fast Food Meal (McDonalds, etc)

$26.53 ISK 3,232

$11.36 €10.19

133.54%

Cappuccino

$6.93 ISK 844

$2.97 €2.66

133.33%

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

$3.39 ISK 413

$2.29 €2.05

48.03%

Water (0.33 liter bottle)

$3.02 ISK 368

$1.74 €1.56

73.56%

Local Beer (0.5 liter draught)

$13.71 ISK 1,670

$3.40 €3.05

303.24%

Imported Beer (0.33 liter bottle)

$12.23 ISK 1,490

$3.31 €2.97

269.49%

Milk (1 liter)

$2.11 ISK 257

$1.16 €1.04

81.90%

White Bread (500g)

$4.13 ISK 504

$1.91 €1.71

116.23%

Rice (white) (1kg)

$3.60 ISK 438

$1.51 €1.36

138.41%

Eggs

$6.91 ISK 842

$4.02 €3.61

71.89%

Local Cheese (1kg)

$22.22 ISK 2,708

$12.94 €11.61

71.72%

Chicken Fillets (1kg)

$24.20 ISK 2,948

$7.77 €6.97

211.45%

Beef Round Steak (1kg)

$42.37 ISK 5,162

$17.76 €15.93

138.57%

Apples (1kg)

$3.35 ISK 409

$2.30 €2.07

45.65%

Banana (1kg)

$2.82 ISK 343

$1.73 €1.55

63.01%

Oranges (1kg)

$3.26 ISK 397

$1.86 €1.67

75.27%

Tomato (1kg)

$6.61 ISK 805

$2.59 €2.32

155.21%

Potato (1kg)

$3.95 ISK 482

$1.82 €1.63

117.03%

Onion (1kg)

$1.69 ISK 205

$1.97 €1.77

-14.21%

Lettuce (1 head)

$3.79 ISK 462

$1.47 €1.32

157.82%

Water (1.5 liter bottle)

$1.84 ISK 225

$0.72 €0.65

155.56%

Cigarettes 20 Pack (Marlboro, Camel)

$14.19 ISK 1,728

$6.58 €5.91

115.65%

Wine (Bottle)

$23.48 ISK 2,861

$5.61 €5.03

318.54%

Local Beer (0.5 liter bottle)

$3.72 ISK 453

$1.36 €1.22

173.53%

Imported Beer (0.33 liter bottle)

$3.30 ISK 402

$2.14 €1.92

54.21%

One-way Ticket (Public Transport)

$2.33 €2.09

Public Transport Monthly Pass (Regular Price)

$44.68 €40.08

Taxi Start (Normal Tariff)

$6.65 ISK 810

$3.85 €3.45

72.73%

Taxi (Normal Tariff) (1km)

$2.88 ISK 351

$1.07 €0.96

169.16%

Taxi 1hour Waiting (Normal Tariff)

$80.8 ISK 9,840

$16.46 €14.77

390.70%

Gasoline (1 liter)

$2.02 ISK 247

$2.20 €1.97

-8.18%

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

$70.0K ISK 8.5M

$34.2K €30.7K

104.80%

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

$55.3K ISK 6.7M

$38.7K €34.7K

42.76%

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

$97.6 ISK 11.9K

$161 €145

-39.47%

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

$32.87 ISK 4,005

$18.41 €16.51

78.54%

Internet (50+ Mbps, Unlimited Data)

$85.4 ISK 10.4K

$32.74 €29.37

160.84%

Gym Membership (Monthly)

$44.55 €39.96

Tennis Court (1 Hour on Weekend)

$19.10 €17.13

Cinema Ticket

$19.64 ISK 2,393

$9.60 €8.61

104.58%

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

$1,193 ISK 145.4K

$668 €599

78.73%

International Primary School, 1 Child (Yearly)

$25.8K ISK 3.1M

$17.6K €15.8K

46.43%

Jeans (Levis 501 Or Similar)

$149 ISK 18.2K

$102 €91.5

46.37%

Summer Dress (H&M, Zara, etc)

$66.4 ISK 8,092

$44.46 €39.89

49.39%

Sport Shoes (Adidas, Nike)

$180 ISK 22.0K

$98.5 €88.4

83.12%

Men's Leather Business Shoes

$248 ISK 30.2K

$124 €111

100.15%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,443

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,067

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,523

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,806

Buy Apartment in City Center (m2)

$7,839 €7,032

Buy Apartment Outside City Center (m2)

$4,576 €4,104

Average Monthly Net Salary (After Tax)

$1,575 €1,413

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

3.85

128.83%

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

Last update for Hverageroi: October 24, 2026

Last update for Lisbon: October 27, 2026

Monthly budget structure

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

Groceries & Markets

Hverageroi

$624 36.2%

Lisbon

$272 12.3% 56.3% $351

Eating Out

Hverageroi

$533 30.9%

Lisbon

$243 11% 54.5% $290

Clothing & Footwear

Hverageroi

$290 16.8%

Lisbon

$166 7.5% 42.7% $124

Monthly Utilities & Internet

Hverageroi

$216 12.5%

Lisbon

$212 9.6% 1.6% $3.5

Sport & Entertainment

Hverageroi

$39 * 2.3%

Lisbon

$64 2.9% 62.3% $24

Getting Around

Hverageroi

$21 * 1.2%

Lisbon

$63 2.9% 200% $42

Accommodation & Living

Hverageroi

- * 0%

Lisbon

$1.2K 53.8%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $124 in Hverageroi versus $62 in Lisbon. Monthly groceries follow the same trend: $624 vs $272 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇮🇸 Hverageroi

🇵🇹 Lisbon

🕒 Local time

08:38 8:38 AM

Same time as Hverageroi

🌤 Weather

👥 Population

2,657

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 = 0.897 EUR (1 EUR = 1.11 USD).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Hverageroi Lisbon 2,920 km ≈ 4 h 15 min nonstop flight

From you

Hverageroi
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

Hverageroi vs Lisbon: Cost of Living - Frequently Asked Questions

Lisbon costs about 28% more than Hverageroi, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,583 per month in Hverageroi 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 $1,722 in Hverageroi and $2,210 in Lisbon. That’s a gap of about 28%.

Kindergarten costs $1,193 per month in Hverageroi and $668 in Lisbon. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Hverageroi, where all-in costs run around $1,722, than in Lisbon at $2,210. In Hverageroi 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 $1,722 in Hverageroi 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.