Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Anchorage, AK

For one person, living is cheaper in Lisbon: $2,223 a month against $3,290 in Anchorage, AK, rent and utilities included – about $12,800 less a year. Other living expenses account for most of the difference.

Lisbon
🇵🇹 Portugal
$2,223
/mo nomad
Anchorage, AK
🇺🇸 United States
$3,290
/mo nomad
Monthly Cost of Living

How much you'll spend in Lisbon and in Anchorage, AK

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lisbon and in Anchorage, AK actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,223 in Lisbon versus $3,290 in Anchorage, AK.

  • Lisbon $2,223
  • Anchorage, AK $3,290

Estimated couple costs with rent: $3,271 in Lisbon versus $4,848 in Anchorage, AK.

  • Lisbon $3,271
  • Anchorage, AK $4,848

Monthly costs for a family of three with rent: $4,319 in Lisbon versus $6,406 in Anchorage, AK.

  • Lisbon $4,319
  • Anchorage, AK $6,406

Living in Lisbon costs roughly 32% less than in Anchorage, AK, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Lisbon 65% above, Anchorage, AK 144% above.

Currency
🍽 Eating Out
Lisbon
Anchorage, AK
Difference
Meal at Budget Restaurant
$16.50 €14.67
$24.72 $24.72
-33.25%
Three-Course Dinner for Two, Mid-Range
$61.3 €54.5
$99.5 $99.5
-38.41%
Fast Food Meal (McDonalds, etc)
$11.27 €10.03
$15.08 $15.08
-25.27%
Cappuccino
$3.06 €2.72
$6.74 $6.74
-54.60%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.26 €2.01
$3.24 $3.24
-30.25%
Water (0.33 liter bottle)
$1.73 €1.54
$2.52 $2.52
-31.35%
Local Beer (0.5 liter draught)
$3.39 €3.02
$8.17 $8.17
-58.51%
Imported Beer (0.33 liter bottle)
$3.40 €3.02
$9.93 $9.93
-65.76%
🛒 Groceries & Markets
Lisbon
Anchorage, AK
Difference
Milk (1 liter)
$1.12 €1.00
$1.19 $1.19
-5.88%
White Bread (500g)
$1.86 €1.65
$4.80 $4.80
-61.25%
Rice (white) (1kg)
$1.53 €1.36
$6.06 $6.06
-74.75%
Eggs
$3.96 €3.53
$4.25 $4.25
-6.82%
Local Cheese (1kg)
$12.76 €11.35
$13.72 $13.72
-7.00%
Chicken Fillets (1kg)
$7.90 €7.02
$12.79 $12.79
-38.23%
Beef Round Steak (1kg)
$16.97 €15.09
$21.40 $21.40
-20.70%
Apples (1kg)
$2.27 €2.02
$8.16 $8.16
-72.18%
Banana (1kg)
$1.75 €1.55
$2.27 $2.27
-22.91%
Oranges (1kg)
$1.85 €1.64
$5.60 $5.60
-66.96%
Tomato (1kg)
$2.57 €2.28
$6.11 $6.11
-57.94%
Potato (1kg)
$1.86 €1.65
$2.98 $2.98
-37.58%
Onion (1kg)
$2.02 €1.80
$3.16 $3.16
-36.08%
Lettuce (1 head)
$1.44 €1.28
$2.76 $2.76
-47.83%
Water (1.5 liter bottle)
$0.82 €0.73
$2.34 $2.34
-64.96%
Cigarettes 20 Pack (Marlboro, Camel)
$6.56 €5.83
$12.67 $12.67
-48.22%
Wine (Bottle)
$5.62 €5.00
$17.76 $17.76
-68.36%
Local Beer (0.5 liter bottle)
$1.28 €1.14
$1.71 $1.71
-25.15%
Imported Beer (0.33 liter bottle)
$2.07 €1.84
$3.51 $3.51
-41.03%
🚌 Getting Around
Lisbon
Anchorage, AK
Difference
One-way Ticket (Public Transport)
$2.35 €2.09
$2.06 $2.06
14.08%
Public Transport Monthly Pass (Regular Price)
$44.18 €39.30
$60.2 $60.2
-26.56%
Taxi Start (Normal Tariff)
$3.99 €3.55
$2.71 $2.71
47.23%
Taxi (Normal Tariff) (1km)
$1.09 €0.97
$1.88 $1.88
-42.02%
Taxi 1hour Waiting (Normal Tariff)
$16.64 €14.81
$41.68 $41.68
-60.08%
Gasoline (1 liter)
$2.28 €2.03
$1.25 $1.25
82.40%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$33.7K €30.0K
$33.3K $33.3K
1.02%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.3K €35.0K
$26.0K $26.0K
51.06%
🧾 Monthly Utilities & Internet
Lisbon
Anchorage, AK
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$167 €149
$413 $413
-59.49%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.80 €16.72
$90.3 $90.3
-79.17%
Internet (50+ Mbps, Unlimited Data)
$33.09 €29.43
$139 $139
-76.25%
🎉 Sport & Entertainment
Lisbon
Anchorage, AK
Difference
Gym Membership (Monthly)
$46.01 €40.93
$91.5 $91.5
-49.69%
Tennis Court (1 Hour on Weekend)
$19.19 €17.07
$40.74 $40.74
-52.90%
Cinema Ticket
$9.84 €8.75
$14.89 $14.89
-33.92%
🧸 Childcare & Education
Lisbon
Anchorage, AK
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$677 €602
$1,238 $1,238
-45.28%
International Primary School, 1 Child (Yearly)
$16.9K €15.1K
$10.5K $10.5K
60.86%
👕👟 Clothing & Footwear
Lisbon
Anchorage, AK
Difference
Jeans (Levis 501 Or Similar)
$101 €90.1
$48.09 $48.09
110.52%
Summer Dress (H&M, Zara, etc)
$45.76 €40.70
$45.27 $45.27
1.08%
Sport Shoes (Adidas, Nike)
$100.0 €88.9
$113 $113
-11.60%
Men's Leather Business Shoes
$123 €109
$120 $120
2.53%
🏠 Accommodation & Living
Lisbon
Anchorage, AK
Difference
1-bedroom Apartment, City Center (Monthly)
$1,614 €1,436
$1,778 $1,778
-9.25%
1-bedroom Apartment, Outside City Center (Monthly)
$1,197 €1,065
$1,408 $1,408
-14.95%
3-bedroom Apartment, City Center (Monthly)
$2,862 €2,545
$2,834 $2,834
0.97%
3-bedroom Apartment, Outside City Center (Monthly)
$1,990 €1,770
$2,467 $2,467
-19.31%
Buy Apartment in City Center (m2)
$7,577 €6,740
$3,985 $3,985
90.14%
Buy Apartment Outside City Center (m2)
$4,307 €3,831
$2,794 $2,794
54.16%
💵 Salaries & Financials
Lisbon
Anchorage, AK
Difference
Average Monthly Net Salary (After Tax)
$1,588 €1,412
$4,734 $4,734
-66.46%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.85
6.49
-40.68%

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

Last update for Lisbon: October 11, 2026

Last update for Anchorage, AK: October 11, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Lisbon
$1.2K
Anchorage, AK
$1.4K 17.6% $210
Groceries & Markets
Lisbon
$269
Anchorage, AK
$483 79.4% $214
Eating Out
Lisbon
$242
Anchorage, AK
$408 68.3% $165
Monthly Utilities & Internet
Lisbon
$219
Anchorage, AK
$643 193% $424
Clothing & Footwear
Lisbon
$166
Anchorage, AK
$147 11.8% $20
Sport & Entertainment
Lisbon
$66
Anchorage, AK
$121 84.5% $56
Getting Around
Lisbon
$63
Anchorage, AK
$81 27.8% $18

Cost Breakdown

A one-bedroom apartment in the center runs $1,614 in Lisbon and $1,778 in Anchorage, AK. Housing cost is often the main lever when comparing two cities.

Anchorage, AK pays 198% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $61.0 in Lisbon vs $99.0 in Anchorage, AK for a mid-range dinner for two. Groceries echo the gap at $269 vs $483 per month, with Lisbon cheaper across the board.

Good to know
🇵🇹 Lisbon
🇺🇸 Anchorage, AK
🕒 Local time
16:15 4:15 PM
07:15 7:15 AM
9 h behind Lisbon
🌤 Weather
👥 Population
545,923 Capital
289,600
💱 Currency
Euro EUR €
Exchange rates and currency converter

USD to EUR – Euro Converter

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

United States Dollar exchange rates as of October 18, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Lisbon Anchorage, AK 8,300 km ≈ 11 h nonstop flight
From you
  • Lisbon
  • Anchorage, AK

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
Lisbon vs Anchorage, AK: Cost of Living - Frequently Asked Questions
Which city is more expensive, Lisbon or Anchorage, AK?
Lisbon wins on cost – living expenses run 48% lower than in Anchorage, AK. Housing and daily spending are where you'll feel the difference most, making Lisbon the obvious pick if budget is a priority.
Are salaries higher in Lisbon or in Anchorage, AK?
On paper, salaries run 198% lower in Anchorage, AK. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How much does a 1-bedroom apartment cost in Lisbon compared to Anchorage, AK?
Rent for a central apartment: $1,614 in Lisbon versus $1,778 in Anchorage, AK. Housing is usually the single largest factor when comparing overall living costs between the two.
How do dining costs compare in Lisbon and in Anchorage, AK?
Dining out is cheaper in Lisbon – a meal for two runs $61.0 versus $99.0 in Anchorage, AK. If you eat out regularly, this makes a real dent in your monthly spending.
How much does it cost to live in Lisbon compared to Anchorage, AK?
All in, you'll spend $2,223 per month in Lisbon versus $3,290 in Anchorage, AK – a 48% gap that adds up to real savings over time for anyone picking the cheaper option.
Can you live on $3,000/month in Lisbon or in Anchorage, AK?
At $2,223 in Lisbon versus $3,290 in Anchorage, AK, a $3,000 budget is realistic in Lisbon but tight or insufficient in Anchorage, AK. The gap between the two cities makes Lisbon the clear choice for anyone on this budget.
Which city is better for digital nomads, Lisbon or Anchorage, AK?
Both work as nomad bases, but Lisbon delivers better value – similar infrastructure at $2,223 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Lisbon hard to pass up.
How safe is Lisbon compared to Anchorage, AK?
Safety-wise, Lisbon and Anchorage, AK are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.
Which city is more affordable for expats?
Expats usually find Lisbon gentler on the wallet – expenses run 48% less than in Anchorage, AK. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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