Last update: Oct 2026

Cost of Living Comparison Between Lanzarote and Lisbon

For one person, living is cheaper in Lanzarote: $1,605 a month against $2,210 in Lisbon, rent and utilities included – about $7,300 less a year. Rent and utilities account for most of the difference.

78

Cost of Living Index in Lanzarote
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Lanzarote Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Lanzarote

🇪🇸 Spain

$1,605

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

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

A single person spends $1,605 per month in Lanzarote vs $2,210 in Lisbon, rent included.

Lanzarote $1,605
Lisbon $2,210

A couple spends around $2,427 per month in Lanzarote vs $3,275 in Lisbon, rent included.

Lanzarote $2,427
Lisbon $3,275

A family of three spends $3,250 per month in Lanzarote vs $4,341 in Lisbon, rent included.

Lanzarote $3,250
Lisbon $4,341

Lanzarote is about 27% cheaper than Lisbon, and outside of rent the biggest gap is in eating out.

Both Lanzarote and Lisbon sit above the global median – Lanzarote by 18%, Lisbon by 62%.

Meal at Budget Restaurant

$13.68 €12.26

$16.65 €14.92

-17.84%

Three-Course Dinner for Two, Mid-Range

$72.4 €64.9

$61.7 €55.3

17.27%

Fast Food Meal (McDonalds, etc)

$10.58 €9.48

$11.36 €10.18

-6.87%

Cappuccino

$2.47 €2.22

$2.97 €2.66

-16.84%

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

$2.13 €1.91

$2.29 €2.05

-6.99%

Water (0.33 liter bottle)

$1.62 €1.45

$1.74 €1.56

-6.90%

Local Beer (0.5 liter draught)

$3.10 €2.78

$3.40 €3.05

-8.82%

Imported Beer (0.33 liter bottle)

$3.69 €3.31

$3.31 €2.97

11.48%

Milk (1 liter)

$1.09 €0.98

$1.16 €1.04

-6.03%

White Bread (500g)

$1.45 €1.30

$1.91 €1.71

-24.08%

Rice (white) (1kg)

$1.58 €1.41

$1.51 €1.36

4.64%

Eggs

$3.53 €3.16

$4.02 €3.60

-12.19%

Local Cheese (1kg)

$12.19 €10.92

$12.94 €11.59

-5.80%

Chicken Fillets (1kg)

$9.92 €8.89

$7.77 €6.97

27.67%

Beef Round Steak (1kg)

$18.20 €16.31

$17.76 €15.92

2.48%

Apples (1kg)

$2.56 €2.30

$2.30 €2.06

11.30%

Banana (1kg)

$2.57 €2.30

$1.73 €1.55

48.55%

Oranges (1kg)

$2.22 €1.99

$1.86 €1.66

19.35%

Tomato (1kg)

$2.53 €2.27

$2.59 €2.32

-2.32%

Potato (1kg)

$1.78 €1.60

$1.82 €1.63

-2.20%

Onion (1kg)

$2.39 €2.14

$1.97 €1.76

21.32%

Lettuce (1 head)

$2.02 €1.81

$1.47 €1.32

37.41%

Water (1.5 liter bottle)

$0.86 €0.77

$0.72 €0.65

19.44%

Cigarettes 20 Pack (Marlboro, Camel)

$4.54 €4.07

$6.58 €5.90

-31.00%

Wine (Bottle)

$6.75 €6.05

$5.61 €5.02

20.32%

Local Beer (0.5 liter bottle)

$1.74 €1.56

$1.36 €1.22

27.94%

Imported Beer (0.33 liter bottle)

$2.71 €2.42

$2.14 €1.91

26.64%

One-way Ticket (Public Transport)

$1.66 €1.49

$2.33 €2.09

-28.76%

Public Transport Monthly Pass (Regular Price)

$33.06 €29.62

$44.68 €40.04

-26.01%

Taxi Start (Normal Tariff)

$3.34 €3.00

$3.85 €3.45

-13.25%

Taxi (Normal Tariff) (1km)

$2.18 €1.95

$1.07 €0.96

103.74%

Taxi 1hour Waiting (Normal Tariff)

$27.60 €24.73

$16.46 €14.75

67.68%

Gasoline (1 liter)

$1.76 €1.58

$2.20 €1.97

-20.00%

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

$29.9K €26.8K

$34.2K €30.6K

-12.52%

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

$31.6K €28.3K

$38.7K €34.7K

-18.36%

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

$114 €102

$161 €144

-29.22%

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

$19.99 €17.92

$18.41 €16.50

8.58%

Internet (50+ Mbps, Unlimited Data)

$28.15 €25.23

$32.74 €29.34

-14.02%

Gym Membership (Monthly)

$44.61 €39.97

$44.55 €39.92

0.13%

Tennis Court (1 Hour on Weekend)

$16.00 €14.34

$19.10 €17.11

-16.23%

Cinema Ticket

$9.03 €8.09

$9.60 €8.60

-5.94%

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

$478 €428

$668 €598

-28.40%

International Primary School, 1 Child (Yearly)

$6,573 €5,890

$17.6K €15.8K

-62.68%

Jeans (Levis 501 Or Similar)

$88.2 €79.1

$102 €91.4

-13.54%

Summer Dress (H&M, Zara, etc)

$38.58 €34.57

$44.46 €39.85

-13.23%

Sport Shoes (Adidas, Nike)

$91.1 €81.7

$98.5 €88.3

-7.49%

Men's Leather Business Shoes

$120 €108

$124 €111

-2.73%

1-bedroom Apartment, City Center (Monthly)

$879 €788

$1,608 €1,441

-45.36%

1-bedroom Apartment, Outside City Center (Monthly)

$672 €603

$1,190 €1,066

-43.50%

3-bedroom Apartment, City Center (Monthly)

$1,371 €1,229

$2,812 €2,520

-51.24%

3-bedroom Apartment, Outside City Center (Monthly)

$1,001 €897

$2,013 €1,804

-50.30%

Buy Apartment in City Center (m2)

$3,289 €2,947

$7,839 €7,025

-58.05%

Buy Apartment Outside City Center (m2)

$2,171 €1,945

$4,576 €4,100

-52.55%

Average Monthly Net Salary (After Tax)

$1,683 €1,508

$1,575 €1,411

6.85%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.15

3.85

-18.18%

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

Last update for Lanzarote: October 25, 2026

Last update for Lisbon: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Lanzarote

$672 41.9%

Lisbon

$1.2K 53.8% 77% $518

Groceries & Markets

Lanzarote

$293 18.2%

Lisbon

$272 12.3% 6.9% $20

Eating Out

Lanzarote

$209 13%

Lisbon

$243 11% 16.2% $34

Monthly Utilities & Internet

Lanzarote

$162 10.1%

Lisbon

$212 9.6% 30.9% $50

Clothing & Footwear

Lanzarote

$152 9.5%

Lisbon

$166 7.5% 9% $14

Sport & Entertainment

Lanzarote

$63 3.9%

Lisbon

$64 2.9% 1.7% $1.1

Getting Around

Lanzarote

$54 3.4%

Lisbon

$63 2.9% 17.2% $9.3

Cost Breakdown

A central one-bedroom costs $879 in Lanzarote versus $1,608 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 7% 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 $72 in Lanzarote versus $62 in Lisbon. Monthly groceries follow the same trend: $293 vs $272 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇪🇸 Lanzarote

🇵🇹 Lisbon

🕒 Local time

11:33 11:33 AM

Same time as Lanzarote

🌤 Weather

👥 Population

5,228

545,923 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Lanzarote Lisbon 1,150 km ≈ 2 h nonstop flight

From you

Lanzarote
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

Lanzarote vs Lisbon: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $1,605 in Lanzarote, $2,210 in Lisbon – Lanzarote comes out roughly 27% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $2,407 per month in Lanzarote and $3,315 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: a one-bedroom in the center costs $879 there versus $1,608 in Lisbon.

Monthly expenses with rent come to $1,605 in Lanzarote and $2,210 in Lisbon. That makes Lanzarote about 27% cheaper.

Public transport costs about 26% less in Lanzarote. For daily commuters, that gap adds up to noticeable savings over a year.

$3,000 covers both cities comfortably – all-in costs are $1,605 in Lanzarote and $2,210 in Lisbon, leaving budget for savings and extras in both cases.

Families tend to lean toward Lanzarote – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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