Cost of Living Comparison Between Klaksvik and Lisbon Cost of Living Comparison Between Klaksvik and Lisbon

Monthly Cost of Living

A single person spends $355 per month in Klaksvik vs $2,291 in Lisbon, rent included.

A couple spends around $1,138 per month in Klaksvik vs $3,322 in Lisbon, rent included.

A family of three spends $1,921 per month in Klaksvik vs $4,354 in Lisbon, rent included.

Klaksvik is about 85% cheaper than Lisbon, driven mainly by Clothing & Footwear.

Klaksvik sits 73% below the global median, while Lisbon is 71% above – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$26.43 FOK 173

$16.19 €14.15

63.25%

Three-Course Dinner for Two, Mid-Range

$63.3 €55.3

Fast Food Meal (McDonalds, etc)

$10.32 €9.02

Cappuccino

$2.83 €2.47

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

$2.29 €2.00

Water (0.33 liter bottle)

$1.58 €1.38

Local Beer (0.5 liter draught)

$3.40 €2.97

Imported Beer (0.33 liter bottle)

$4.03 €3.52

Milk (1 liter)

$3.08 FOK 20.10

$1.09 €0.95

182.57%

White Bread (500g)

$5.60 FOK 36.54

$1.75 €1.53

220.00%

Rice (white) (1kg)

$5.96 FOK 38.92

$1.76 €1.54

238.64%

Eggs

$3.17 €2.77

Local Cheese (1kg)

$11.45 FOK 74.8

$13.19 €11.53

-13.19%

Chicken Fillets (1kg)

$7.97 €6.96

Beef Round Steak (1kg)

$15.53 €13.57

Apples (1kg)

$2.37 €2.07

Banana (1kg)

$1.71 €1.49

Oranges (1kg)

$2.01 €1.75

Tomato (1kg)

$2.43 €2.12

Potato (1kg)

$1.76 €1.54

Onion (1kg)

$2.03 €1.78

Lettuce (1 head)

$1.92 €1.68

Water (1.5 liter bottle)

$0.85 €0.74

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.75

Wine (Bottle)

$5.58 €4.87

Local Beer (0.5 liter bottle)

$1.33 €1.16

Imported Beer (0.33 liter bottle)

$2.97 €2.60

One-way Ticket (Public Transport)

$2.28 €1.99

Public Transport Monthly Pass (Regular Price)

$45.79 €40.01

Taxi Start (Normal Tariff)

$4.23 €3.69

Taxi (Normal Tariff) (1km)

$0.81 €0.71

Taxi 1hour Waiting (Normal Tariff)

$18.44 €16.11

Gasoline (1 liter)

$2.08 €1.82

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

$34.7K €30.3K

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

$39.2K €34.2K

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

$148 €129

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

$20.46 €17.88

Internet (50+ Mbps, Unlimited Data)

$39.56 €34.56

Gym Membership (Monthly)

$47.99 €41.93

Tennis Court (1 Hour on Weekend)

$18.60 €16.25

Cinema Ticket

$9.22 €8.06

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

$616 €538

International Primary School, 1 Child (Yearly)

$16.4K €14.4K

Jeans (Levis 501 Or Similar)

$103 €89.7

Summer Dress (H&M, Zara, etc)

$41.74 €36.47

Sport Shoes (Adidas, Nike)

$94.8 €82.8

Men's Leather Business Shoes

$122 €107

1-bedroom Apartment, City Center (Monthly)

$576 FOK 3,762

$1,633 €1,426

-64.71%

1-bedroom Apartment, Outside City Center (Monthly)

$1,232 €1,077

3-bedroom Apartment, City Center (Monthly)

$3,098 €2,707

3-bedroom Apartment, Outside City Center (Monthly)

$1,171 FOK 7,647

$2,031 €1,775

-42.35%

Buy Apartment in City Center (m2)

$7,831 €6,842

Buy Apartment Outside City Center (m2)

$4,389 €3,835

Average Monthly Net Salary (After Tax)

$2,149 FOK 14.0K

$1,607 €1,404

33.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

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

Last update for Klaksvik: July 12, 2026

Last update for Lisbon: July 14, 2026

Cost Breakdown

A central one-bedroom costs $576 in Klaksvik versus $1,633 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 34% higher in Klaksvik, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

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

Klaksvik vs Lisbon: Cost of Living - Frequently Asked Questions

Lisbon costs about 546% more than Klaksvik, with the gap driven mainly by Clothing & Footwear. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $532 per month in Klaksvik and $3,437 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Klaksvik, 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 $355 in Klaksvik and $2,291 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 84% more in Lisbon, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Klaksvik, where all-in costs run around $355, than in Lisbon at $2,291. In Klaksvik it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Klaksvik costs $355 versus $2,291 in Lisbon. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Klaksvik. 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.