Last update: Nov 2026

Cost of Living Comparison Between Kopavogur and Lisbon

For one person, living is cheaper in Kopavogur: $1,838 a month against $2,206 in Lisbon, rent and utilities included – about $4,400 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

88

Cost of Living Index in Kopavogur
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Kopavogur Living Index
106

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

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Kopavogur

🇮🇸 Iceland

$1,838

/mo nomad

Lisbon

🇵🇹 Portugal

$2,206

/mo nomad

Monthly Cost of Living

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

A single person spends $1,838 per month in Kopavogur vs $2,206 in Lisbon, rent included.

Kopavogur $1,838
Lisbon $2,206

A couple spends around $3,050 per month in Kopavogur vs $3,276 in Lisbon, rent included.

Kopavogur $3,050
Lisbon $3,276

A family of three spends $4,261 per month in Kopavogur vs $4,346 in Lisbon, rent included.

Kopavogur $4,261
Lisbon $4,346

Kopavogur is about 17% cheaper than Lisbon.

Both Kopavogur and Lisbon sit above the global median – Kopavogur by 36%, Lisbon by 63%.

Meal at Budget Restaurant

$31.53 ISK 3,830

$16.86 €15.02

87.01%

Three-Course Dinner for Two, Mid-Range

$88.3 ISK 10.7K

$61.0 €54.4

44.61%

Fast Food Meal (McDonalds, etc)

$24.39 ISK 2,964

$10.98 €9.78

122.13%

Cappuccino

$6.86 ISK 833

$3.05 €2.72

124.92%

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

$2.97 ISK 361

$2.28 €2.03

30.26%

Water (0.33 liter bottle)

$3.08 ISK 374

$1.68 €1.50

83.33%

Local Beer (0.5 liter draught)

$10.75 ISK 1,306

$3.44 €3.06

212.50%

Imported Beer (0.33 liter bottle)

$12.37 ISK 1,503

$3.91 €3.48

216.37%

Milk (1 liter)

$1.67 ISK 203

$1.15 €1.02

45.22%

White Bread (500g)

$4.22 ISK 513

$1.89 €1.68

123.28%

Rice (white) (1kg)

$3.67 ISK 445

$1.50 €1.34

144.67%

Eggs

$7.00 ISK 851

$4.12 €3.67

69.90%

Local Cheese (1kg)

$21.57 ISK 2,621

$13.01 €11.59

65.80%

Chicken Fillets (1kg)

$24.27 ISK 2,949

$8.04 €7.17

201.87%

Beef Round Steak (1kg)

$41.66 ISK 5,061

$17.89 €15.94

132.87%

Apples (1kg)

$3.40 ISK 414

$2.27 €2.02

49.78%

Banana (1kg)

$2.82 ISK 342

$1.74 €1.55

62.07%

Oranges (1kg)

$3.24 ISK 394

$1.82 €1.62

78.02%

Tomato (1kg)

$6.53 ISK 793

$2.69 €2.39

142.75%

Potato (1kg)

$3.88 ISK 471

$1.77 €1.57

119.21%

Onion (1kg)

$1.72 ISK 209

$1.94 €1.73

-11.34%

Lettuce (1 head)

$3.63 ISK 441

$1.46 €1.30

148.63%

Water (1.5 liter bottle)

$1.83 ISK 223

$0.76 €0.68

140.79%

Cigarettes 20 Pack (Marlboro, Camel)

$13.81 ISK 1,678

$6.66 €5.93

107.36%

Wine (Bottle)

$23.92 ISK 2,907

$5.64 €5.02

324.11%

Local Beer (0.5 liter bottle)

$3.59 ISK 436

$1.29 €1.15

178.29%

Imported Beer (0.33 liter bottle)

$3.36 ISK 408

$2.14 €1.91

57.01%

One-way Ticket (Public Transport)

$4.61 ISK 560

$2.30 €2.05

100.43%

Public Transport Monthly Pass (Regular Price)

$75.1 ISK 9,124

$44.02 €39.21

70.58%

Taxi Start (Normal Tariff)

$5.87 ISK 713

$3.98 €3.55

47.49%

Taxi (Normal Tariff) (1km)

$2.78 ISK 338

$0.64 €0.57

334.37%

Taxi 1hour Waiting (Normal Tariff)

$79.3 ISK 9,629

$18.93 €16.86

318.65%

Gasoline (1 liter)

$2.10 ISK 255

$2.28 €2.03

-7.89%

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

$67.5K ISK 8.2M

$33.4K €29.7K

102.36%

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

$55.6K ISK 6.8M

$38.5K €34.3K

44.33%

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

$97.8 ISK 11.9K

$158 €141

-38.17%

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

$32.42 ISK 3,939

$17.54 €15.62

84.83%

Internet (50+ Mbps, Unlimited Data)

$87.1 ISK 10.6K

$31.18 €27.78

179.22%

Gym Membership (Monthly)

$70.3 ISK 8,536

$44.64 €39.77

57.37%

Tennis Court (1 Hour on Weekend)

$54.0 ISK 6,565

$18.98 €16.91

184.67%

Cinema Ticket

$17.00 ISK 2,066

$9.58 €8.53

77.45%

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

$473 ISK 57.4K

$674 €600

-29.83%

International Primary School, 1 Child (Yearly)

$26.1K ISK 3.2M

$18.7K €16.7K

39.42%

Jeans (Levis 501 Or Similar)

$149 ISK 18.1K

$102 €91.0

45.91%

Summer Dress (H&M, Zara, etc)

$52.6 ISK 6,388

$45.90 €40.89

14.53%

Sport Shoes (Adidas, Nike)

$164 ISK 19.9K

$102 €91.0

60.27%

Men's Leather Business Shoes

$249 ISK 30.2K

$122 €109

103.89%

1-bedroom Apartment, City Center (Monthly)

$1,641 €1,461

1-bedroom Apartment, Outside City Center (Monthly)

$1,187 €1,058

3-bedroom Apartment, City Center (Monthly)

$2,825 €2,516

3-bedroom Apartment, Outside City Center (Monthly)

$2,018 €1,798

Buy Apartment in City Center (m2)

$6,715 ISK 815.9K

$7,836 €6,980

-14.30%

Buy Apartment Outside City Center (m2)

$6,625 ISK 805.0K

$4,701 €4,188

40.93%

Average Monthly Net Salary (After Tax)

$5,343 ISK 649.2K

$1,687 €1,503

216.73%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

3.82

130.63%

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

Last update for Kopavogur: November 2, 2026

Last update for Lisbon: November 1, 2026

Monthly budget structure

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

Groceries & Markets

Kopavogur

$616 33.5%

Lisbon

$275 12.5% 55.5% $342

Eating Out

Kopavogur

$510 27.8%

Lisbon

$245 11.1% 51.9% $265

Clothing & Footwear

Kopavogur

$276 15%

Lisbon

$168 7.6% 39.4% $109

Monthly Utilities & Internet

Kopavogur

$217 11.8%

Lisbon

$207 9.4% 4.8% $10

Getting Around

Kopavogur

$113 6.2%

Lisbon

$60 2.7% 46.7% $53

Sport & Entertainment

Kopavogur

$104 5.7%

Lisbon

$64 2.9% 38.8% $40

Accommodation & Living

Kopavogur

- * 0%

Lisbon

$1.2K 53.8%

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

Cost Breakdown

Salaries in Kopavogur are about 3.2 times higher, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $88 in Kopavogur versus $61 in Lisbon. Monthly groceries follow the same trend: $616 vs $275 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇮🇸 Kopavogur

🇵🇹 Lisbon

🕒 Local time

02:10 2:10 AM

Same time as Kopavogur

🌤 Weather

👥 Population

39,335

545,923 Capital

💱 Currency

Icelandic Króna ISK kr

Euro EUR €

📈 Exchange rate

1,000 ISK = 8.23 USD

1,000 ISK = 7.33 EUR

1 EUR = 1.12 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 November 6, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.33 EUR).

Euro exchange rates as of November 6, 2026: 1 USD = 0.891 EUR (1 EUR = 1.12 USD).

USD to ISK in detail →

On the map

Lowest

Highest

Between locations

Kopavogur Lisbon 2,950 km ≈ 4 h 15 min nonstop flight

From you

Kopavogur
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

Kopavogur vs Lisbon: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $2,757 per month in Kopavogur and $3,309 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $88 in Kopavogur and $61 in Lisbon. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,838 in Kopavogur and $2,206 in Lisbon. That makes Kopavogur about 17% cheaper.

$3,000 covers both cities comfortably – all-in costs are $1,838 in Kopavogur and $2,206 in Lisbon, leaving budget for savings and extras in both cases.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $1,838 in Kopavogur to $2,206 in Lisbon. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.