🙂A single person spends $2,227 per month in Lisbon vs $2,862 in Akureyri, rent included.
🙂A couple spends around $3,305 per month in Lisbon vs $3,910 in Akureyri, rent included.
🙂A family of three spends $4,384 per month in Lisbon vs $4,958 in Akureyri, rent included.
🙂Lisbon is about 22% cheaper than Akureyri, driven mainly by Eating Out.
📊Both Lisbon and Akureyri sit above the global median – Lisbon by 66%, Akureyri by 114%.
Moneda
🍽 Eating Out
Lisbon
Akureyri
Diferencia
Meal at Budget Restaurant
$16.17€13.84
$23.68ISK 2,899
-31.71%
Three-Course Dinner for Two, Mid-Range
$64.6€55.3
$127ISK 15.6K
-49.16%
Fast Food Meal(McDonalds, etc)
$10.38€8.88
$22.00ISK 2,694
-52.82%
Cappuccino
$2.77€2.37
$4.83ISK 591
-42.65%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.25€1.92
$3.43ISK 420
-34.40%
Water(0.33 liter bottle)
$1.57€1.35
$3.09ISK 379
-49.19%
Local Beer(0.5 liter draught)
$3.49€2.99
$10.76ISK 1,317
-67.57%
Imported Beer(0.33 liter bottle)
$4.00€3.43
$9.30ISK 1,138
-56.99%
🛒 Groceries & Markets
Lisbon
Akureyri
Diferencia
Milk(1 liter)
$1.08€0.93
$2.79ISK 341
-61.29%
White Bread(500g)
$1.74€1.49
$2.25ISK 276
-22.67%
Rice(white)(1kg)
$1.74€1.49
$3.07ISK 375
-43.32%
Eggs
$3.18€2.72
$8.25ISK 1,010
-61.45%
Local Cheese(1kg)
$13.43€11.50
-
-
Chicken Fillets(1kg)
$7.99€6.84
$24.53ISK 3,004
-67.43%
Beef Round Steak(1kg)
$16.09€13.77
-
-
Apples(1kg)
$2.28€1.95
-
-
Banana(1kg)
$1.72€1.48
-
-
Oranges(1kg)
$1.94€1.66
-
-
Tomato(1kg)
$2.54€2.18
-
-
Potato(1kg)
$1.83€1.57
-
-
Onion(1kg)
$2.04€1.75
-
-
Lettuce(1 head)
$1.98€1.69
-
-
Water(1.5 liter bottle)
$0.85€0.73
-
-
Cigarettes 20 Pack(Marlboro, Camel)
$6.85€5.87
$13.19ISK 1,615
-48.07%
Wine(Bottle)
$5.78€4.94
-
-
Local Beer(0.5 liter bottle)
$1.37€1.18
-
-
Imported Beer(0.33 liter bottle)
$2.90€2.48
-
-
🚌 Getting Around
Lisbon
Akureyri
Diferencia
One-way Ticket(Public Transport)
$2.28€1.95
-
-
Public Transport Monthly Pass(Regular Price)
$46.84€40.10
-
-
Taxi Start(Normal Tariff)
$4.08€3.49
-
-
Taxi(Normal Tariff)(1km)
$0.82€0.70
-
-
Taxi 1hour Waiting(Normal Tariff)
$18.27€15.64
-
-
Gasoline(1 liter)
$2.01€1.72
$2.54ISK 311
-20.87%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.3K€30.2K
$39.8KISK 4.9M
-11.38%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.5K€32.9K
$63.4KISK 7.8M
-39.32%
🧾 Monthly Utilities & Internet
Lisbon
Akureyri
Diferencia
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$145€124
$121ISK 14.8K
20.17%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$20.96€17.94
$25.36ISK 3,105
-17.35%
Internet(50+ Mbps, Unlimited Data)
$40.05€34.29
$160ISK 19.6K
-74.98%
🎉 Sport & Entertainment
Lisbon
Akureyri
Diferencia
Gym Membership(Monthly)
$48.79€41.76
$84.2ISK 10.3K
-42.03%
Tennis Court(1 Hour on Weekend)
$18.69€16.00
-
-
Cinema Ticket
$9.06€7.76
$14.88ISK 1,822
-39.11%
🧸 Childcare & Education
Lisbon
Akureyri
Diferencia
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$607€519
$357ISK 43.8K
69.68%
International Primary School, 1 Child(Yearly)
$16.3K€14.0K
-
-
👕👟 Clothing & Footwear
Lisbon
Akureyri
Diferencia
Jeans(Levis 501 Or Similar)
$105€89.6
$78.9ISK 9,663
32.62%
Summer Dress(H&M, Zara, etc)
$40.95€35.06
-
-
Sport Shoes(Adidas, Nike)
$93.6€80.1
$122ISK 15.0K
-23.45%
Men's Leather Business Shoes
$119€101
-
-
🏠 Accommodation & Living
Lisbon
Akureyri
Diferencia
1-bedroom Apartment, City Center(Monthly)
$1,604€1,373
$1,792ISK 219.4K
-10.48%
1-bedroom Apartment, Outside City Center(Monthly)
$1,236€1,058
$1,803ISK 220.8K
-31.48%
3-bedroom Apartment, City Center(Monthly)
$3,046€2,607
-
-
3-bedroom Apartment, Outside City Center(Monthly)
$2,057€1,761
$2,126ISK 260.3K
-3.25%
Buy Apartment in City Center(m2)
$7,709€6,599
$6,617ISK 810.2K
16.50%
Buy Apartment Outside City Center(m2)
$4,266€3,652
$6,409ISK 784.7K
-33.43%
💵 Salaries & Financials
Lisbon
Akureyri
Diferencia
Average Monthly Net Salary(After Tax)
$1,584€1,356
-
-
20-Year Fixed Mortgage Interest Rate(Annual %)
3.81
9.4
-59.47%
Los datos de CityCost se basan en IA y aportaciones de usuarios. Puede haber pequeñas variaciones.
Última actualización para Lisbon: April 26, 2026
Última actualización para Akureyri: April 28, 2026
Cost Breakdown
🏠A central one-bedroom costs $1,604 in Lisbon versus $1,792 in Akureyri. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.
🛒A mid-range dinner for two costs $65.0 in Lisbon versus $127 in Akureyri. Groceries tell a different story – $271 in Lisbon vs $218 in Akureyri – so Akureyri wins on supermarket bills even if dining out costs more.
Comparación de velocidades medias de internet por ciudad (actualizado April 2026)
El gráfico resalta el umbral de precisión para velocidades de internet móvil y fija, actualizado trimestralmente.
Índice del coste de vida para nómadas digitales
Lisbon vs Akureyri: Coste de vida - preguntas frecuentes
Is Akureyri cheaper than Lisbon?
Yes – Akureyri is pricier by about 29%, and the gap shows up most in Eating Out. It's not just housing either; the difference applies across most spending categories.
What income do you need for each city?
For a comfortable life, plan on about $3,341 per month in Lisbon and $4,293 in Akureyri. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Lisbon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Is eating out cheaper in Lisbon or Akureyri?
A mid-range dinner for two costs $65.0 in Lisbon and $127 in Akureyri. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
How do food prices compare in Lisbon and Akureyri?
Interestingly, groceries are about 24% cheaper in Akureyri – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $3,000 a realistic budget for Lisbon or Akureyri?
A $3,000 monthly budget goes further in Lisbon, where all-in costs run around $2,227, than in Akureyri at $2,862. In Lisbon it covers expenses comfortably, while in Akureyri it requires careful planning or may not stretch far enough.
Is Lisbon or Akureyri more family-friendly?
Families tend to lean toward Lisbon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Lisbon or Akureyri?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Lisbon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Akureyri makes more sense. Both are solid long-term options with distinct trade-offs.