Last update: Oct 2026

Cost of Living Comparison Between Izmir and Lisbon

For one person, living is cheaper in Izmir: $1,207 a month against $2,223 in Lisbon, rent and utilities included – about $12,200 less a year. Rent and utilities account for most of the difference.

59

Cost of Living Index in Izmir
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Izmir Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Izmir

🇹🇷 Turkey

$1,207

/mo nomad

Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,207 in Izmir versus $2,223 in Lisbon.

Izmir $1,207
Lisbon $2,223

Estimated couple costs with rent: $1,906 in Izmir versus $3,271 in Lisbon.

Izmir $1,906
Lisbon $3,271

Monthly costs for a family of three with rent: $2,606 in Izmir versus $4,319 in Lisbon.

Izmir $2,606
Lisbon $4,319

Living in Izmir costs roughly 46% less than in Lisbon, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Izmir is 11% below, Lisbon is 65% above.

Meal at Budget Restaurant

$10.20 ₺505

$16.50 €14.67

-38.18%

Three-Course Dinner for Two, Mid-Range

$36.97 ₺1,831

$61.3 €54.5

-39.64%

Fast Food Meal (McDonalds, etc)

$8.43 ₺417

$11.27 €10.03

-25.20%

Cappuccino

$3.54 ₺175

$3.06 €2.72

15.69%

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

$1.50 ₺74.3

$2.26 €2.01

-33.63%

Water (0.33 liter bottle)

$0.63 ₺31.18

$1.73 €1.54

-63.58%

Local Beer (0.5 liter draught)

$3.39 ₺168

$3.39 €3.02

Imported Beer (0.33 liter bottle)

$5.19 ₺257

$3.40 €3.02

52.65%

Milk (1 liter)

$1.10 ₺54.4

$1.12 €1.00

-1.79%

White Bread (500g)

$1.06 ₺52.5

$1.86 €1.65

-43.01%

Rice (white) (1kg)

$2.32 ₺115

$1.53 €1.36

51.63%

Eggs

$2.55 ₺126

$3.96 €3.53

-35.61%

Local Cheese (1kg)

$9.29 ₺460

$12.76 €11.35

-27.19%

Chicken Fillets (1kg)

$5.14 ₺255

$7.90 €7.02

-34.94%

Beef Round Steak (1kg)

$21.02 ₺1,041

$16.97 €15.09

23.87%

Apples (1kg)

$1.98 ₺97.9

$2.27 €2.02

-12.78%

Banana (1kg)

$2.08 ₺103

$1.75 €1.55

18.86%

Oranges (1kg)

$1.02 ₺50.6

$1.85 €1.64

-44.86%

Tomato (1kg)

$1.43 ₺71.0

$2.57 €2.28

-44.36%

Potato (1kg)

$0.56 ₺27.60

$1.86 €1.65

-69.89%

Onion (1kg)

$0.41 ₺20.50

$2.02 €1.80

-79.70%

Lettuce (1 head)

$1.10 ₺54.7

$1.44 €1.28

-23.61%

Water (1.5 liter bottle)

$0.76 ₺37.49

$0.82 €0.73

-7.32%

Cigarettes 20 Pack (Marlboro, Camel)

$2.20 ₺109

$6.56 €5.83

-66.46%

Wine (Bottle)

$11.53 ₺571

$5.62 €5.00

105.16%

Local Beer (0.5 liter bottle)

$2.03 ₺100

$1.28 €1.14

58.59%

Imported Beer (0.33 liter bottle)

$3.09 ₺153

$2.07 €1.84

49.28%

One-way Ticket (Public Transport)

$0.68 ₺33.71

$2.35 €2.09

-71.06%

Public Transport Monthly Pass (Regular Price)

$43.37 ₺2,147

$44.18 €39.30

-1.83%

Taxi Start (Normal Tariff)

$3.61 ₺179

$3.99 €3.55

-9.52%

Taxi (Normal Tariff) (1km)

$1.04 ₺51.3

$1.09 €0.97

-4.59%

Taxi 1hour Waiting (Normal Tariff)

$5.36 ₺266

$16.64 €14.81

-67.79%

Gasoline (1 liter)

$1.36 ₺67.1

$2.28 €2.03

-40.35%

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

$40.6K ₺2.0M

$33.7K €30.0K

20.62%

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

$46.7K ₺2.3M

$39.3K €35.0K

18.97%

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

$82.5 ₺4,086

$167 €149

-50.73%

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

$10.63 ₺526

$18.80 €16.72

-43.46%

Internet (50+ Mbps, Unlimited Data)

$16.18 ₺801

$33.09 €29.43

-51.10%

Gym Membership (Monthly)

$64.0 ₺3,171

$46.01 €40.93

39.19%

Tennis Court (1 Hour on Weekend)

$35.09 ₺1,737

$19.19 €17.07

82.86%

Cinema Ticket

$7.99 ₺396

$9.84 €8.75

-18.80%

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

$685 ₺33.9K

$677 €602

1.20%

International Primary School, 1 Child (Yearly)

$14.1K ₺700.2K

$16.9K €15.1K

-16.42%

Jeans (Levis 501 Or Similar)

$46.16 ₺2,286

$101 €90.1

-54.41%

Summer Dress (H&M, Zara, etc)

$36.59 ₺1,812

$45.76 €40.70

-20.04%

Sport Shoes (Adidas, Nike)

$91.4 ₺4,527

$100.0 €88.9

-8.55%

Men's Leather Business Shoes

$80.2 ₺3,971

$123 €109

-34.67%

1-bedroom Apartment, City Center (Monthly)

$606 ₺30.0K

$1,614 €1,436

-62.46%

1-bedroom Apartment, Outside City Center (Monthly)

$416 ₺20.6K

$1,197 €1,065

-65.26%

3-bedroom Apartment, City Center (Monthly)

$1,126 ₺55.7K

$2,862 €2,545

-60.66%

3-bedroom Apartment, Outside City Center (Monthly)

$800 ₺39.6K

$1,990 €1,770

-59.82%

Buy Apartment in City Center (m2)

$1,455 ₺72.0K

$7,577 €6,740

-80.80%

Buy Apartment Outside City Center (m2)

$1,006 ₺49.8K

$4,307 €3,831

-76.63%

Average Monthly Net Salary (After Tax)

$1,158 ₺57.3K

$1,588 €1,412

-27.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

42.33

3.85

999.48%

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

Last update for Izmir: October 12, 2026

Last update for Lisbon: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Izmir

$416 34.5%

Lisbon

$1.2K 53.9% 188% $781

Groceries & Markets

Izmir

$247 20.5%

Lisbon

$269 12.1% 9.2% $23

Eating Out

Izmir

$185 15.4%

Lisbon

$242 10.9% 30.7% $57

Clothing & Footwear

Izmir

$114 9.5%

Lisbon

$166 7.5% 45.3% $52

Monthly Utilities & Internet

Izmir

$109 9.1%

Lisbon

$219 9.9% 101% $110

Sport & Entertainment

Izmir

$80 6.6%

Lisbon

$66 3% 17.9% $14

Getting Around

Izmir

$55 4.6%

Lisbon

$63 2.8% 14.8% $8.1

Cost Breakdown

A one-bedroom apartment in the center runs $606 in Izmir and $1,614 in Lisbon. Housing cost is often the main lever when comparing two cities.

Lisbon pays 37% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $37.00 in Izmir vs $61.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $247 vs $269 per month, with Izmir cheaper across the board.

Good to know

🇹🇷 Izmir

🇵🇹 Lisbon

🕒 Local time

02:26 2:26 AM

00:26 12:26 AM

2 h behind Izmir

🌤 Weather

👥 Population

4,493,242

545,923 Capital

💱 Currency

Turkish Lira TRY ₺

Euro EUR €

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

Turkish Lira exchange rates as of October 18, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.66 TRY (100 TRY = 1.8 EUR).

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to TRY in detail →

On the map

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Highest

Between locations

Izmir Lisbon 3,130 km ≈ 4 h 30 min nonstop flight

From you

Izmir
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

Izmir vs Lisbon: Cost of Living - Frequently Asked Questions

Izmir wins on cost – living expenses run 84% lower than in Lisbon. Housing and daily spending are where you'll feel the difference most, making Izmir the obvious pick if budget is a priority.

On paper, salaries run 37% lower in Lisbon. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $606 in Izmir versus $1,614 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,207 per month in Izmir versus $2,223 in Lisbon – a 84% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Izmir runs roughly 2% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,207 in Izmir versus $2,223 in Lisbon, a $1,000 budget is realistic in Izmir but tight or insufficient in Lisbon. The gap between the two cities makes Izmir the clear choice for anyone on this budget.

Both work as nomad bases, but Izmir delivers better value – similar infrastructure at $1,207 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Izmir hard to pass up.

Safety-wise, Izmir 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 Izmir gentler on the wallet – expenses run 84% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.