Cost of Living Comparison Between Lanzarote and Lisbon Cost of Living Comparison Between Lanzarote and Lisbon

Monthly Cost of Living

A single person spends $1,592 per month in Lanzarote vs $2,227 in Lisbon, rent included.

A couple spends around $2,365 per month in Lanzarote vs $3,305 in Lisbon, rent included.

A family of three spends $3,138 per month in Lanzarote vs $4,384 in Lisbon, rent included.

Lanzarote is about 29% cheaper than Lisbon, driven mainly by Eating Out.

Both Lanzarote and Lisbon sit above the global median – Lanzarote by 19%, Lisbon by 66%.

Meal at Budget Restaurant

$12.19 €10.41

$16.17 €13.81

-24.61%

Three-Course Dinner for Two, Mid-Range

$58.0 €49.50

$64.6 €55.1

-10.24%

Fast Food Meal (McDonalds, etc)

$10.50 €8.97

$10.38 €8.86

1.16%

Cappuccino

$2.20 €1.88

$2.77 €2.37

-20.58%

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

$2.12 €1.81

$2.25 €1.92

-5.78%

Water (0.33 liter bottle)

$1.21 €1.03

$1.57 €1.34

-22.93%

Local Beer (0.5 liter draught)

$2.82 €2.41

$3.49 €2.98

-19.20%

Imported Beer (0.33 liter bottle)

$4.43 €3.78

$4.00 €3.42

10.75%

Milk (1 liter)

$1.25 €1.06

$1.08 €0.93

15.74%

White Bread (500g)

$1.37 €1.17

$1.74 €1.49

-21.26%

Rice (white) (1kg)

$2.11 €1.80

$1.74 €1.48

21.26%

Eggs

$3.35 €2.86

$3.18 €2.71

5.35%

Local Cheese (1kg)

$11.84 €10.11

$13.43 €11.47

-11.84%

Chicken Fillets (1kg)

$10.02 €8.56

$7.99 €6.83

25.41%

Beef Round Steak (1kg)

$17.16 €14.66

$16.09 €13.74

6.65%

Apples (1kg)

$2.43 €2.07

$2.28 €1.95

6.58%

Banana (1kg)

$2.47 €2.11

$1.72 €1.47

43.60%

Oranges (1kg)

$2.21 €1.89

$1.94 €1.66

13.92%

Tomato (1kg)

$2.60 €2.22

$2.54 €2.17

2.36%

Potato (1kg)

$1.71 €1.46

$1.83 €1.56

-6.56%

Onion (1kg)

$2.78 €2.37

$2.04 €1.74

36.27%

Lettuce (1 head)

$1.88 €1.60

$1.98 €1.69

-5.05%

Water (1.5 liter bottle)

$0.90 €0.77

$0.85 €0.73

5.88%

Cigarettes 20 Pack (Marlboro, Camel)

$4.76 €4.06

$6.85 €5.85

-30.51%

Wine (Bottle)

$6.99 €5.97

$5.78 €4.93

20.93%

Local Beer (0.5 liter bottle)

$1.62 €1.38

$1.37 €1.17

18.25%

Imported Beer (0.33 liter bottle)

$3.84 €3.28

$2.90 €2.48

32.41%

One-way Ticket (Public Transport)

$1.67 €1.42

$2.28 €1.95

-26.75%

Public Transport Monthly Pass (Regular Price)

$34.58 €29.53

$46.84 €40.00

-26.17%

Taxi Start (Normal Tariff)

$3.39 €2.89

$4.08 €3.48

-16.91%

Taxi (Normal Tariff) (1km)

$2.04 €1.74

$0.82 €0.70

148.78%

Taxi 1hour Waiting (Normal Tariff)

$22.81 €19.48

$18.27 €15.60

24.85%

Gasoline (1 liter)

$1.59 €1.36

$2.01 €1.71

-20.90%

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

$38.4K €32.8K

$35.3K €30.1K

9.00%

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

$29.8K €25.5K

$38.5K €32.9K

-22.51%

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

$80.2 €68.5

$145 €124

-44.81%

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

$21.02 €17.95

$20.96 €17.90

0.29%

Internet (50+ Mbps, Unlimited Data)

$29.58 €25.26

$40.05 €34.21

-26.14%

Gym Membership (Monthly)

$47.83 €40.85

$48.79 €41.66

-1.97%

Tennis Court (1 Hour on Weekend)

$15.20 €12.98

$18.69 €15.97

-18.67%

Cinema Ticket

$9.05 €7.73

$9.06 €7.74

-0.11%

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

$520 €444

$607 €518

-14.19%

International Primary School, 1 Child (Yearly)

$6,312 €5,390

$16.3K €13.9K

-61.35%

Jeans (Levis 501 Or Similar)

$101 €86.6

$105 €89.4

-3.15%

Summer Dress (H&M, Zara, etc)

$51.2 €43.70

$40.95 €34.97

24.96%

Sport Shoes (Adidas, Nike)

$105 €89.6

$93.6 €79.9

12.12%

Men's Leather Business Shoes

$147 €126

$119 €101

23.97%

1-bedroom Apartment, City Center (Monthly)

$844 €721

$1,604 €1,370

-47.39%

1-bedroom Apartment, Outside City Center (Monthly)

$698 €596

$1,236 €1,055

-43.52%

3-bedroom Apartment, City Center (Monthly)

$1,315 €1,123

$3,046 €2,601

-56.84%

3-bedroom Apartment, Outside City Center (Monthly)

$1,016 €867

$2,057 €1,756

-50.61%

Buy Apartment in City Center (m2)

$3,361 €2,870

$7,709 €6,583

-56.40%

Buy Apartment Outside City Center (m2)

$2,690 €2,297

$4,266 €3,644

-36.96%

Average Monthly Net Salary (After Tax)

$1,727 €1,474

$1,584 €1,353

8.99%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.43

3.81

-9.97%

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

Last update for Lanzarote: April 26, 2026

Last update for Lisbon: April 26, 2026

Cost Breakdown

A central one-bedroom costs $844 in Lanzarote versus $1,604 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 9% higher in Lanzarote, 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 $58.0 in Lanzarote versus $65.0 in Lisbon. Groceries tell a different story – $293 in Lanzarote vs $271 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

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

Lanzarote vs Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,592 in Lanzarote, $2,227 in Lisbon – roughly 40% apart. Lisbon costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $2,388 per month in Lanzarote and $3,341 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lanzarote, 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 $1,592 in Lanzarote and $2,227 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 35% less in Lanzarote. For daily commuters, that gap adds up to noticeable savings over a year.

A $2,000 monthly budget goes further in Lanzarote, where all-in costs run around $1,592, than in Lisbon at $2,227. In Lanzarote 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 $1,592 in Lanzarote to $2,227 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 Lanzarote. 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.