Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Banff

For one person, living costs are similar in Lisbon and in Banff: $2,210 and $2,211 a month, rent and utilities included.

107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index
107

Cost of Living Index in Banff
Learn more

Banff Living Index

Jump to prices

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Banff

🇨🇦 Canada

$2,211

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Banff

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 Banff actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,210 in Lisbon versus $2,211 in Banff.

Lisbon $2,210
Banff $2,211

Estimated couple costs with rent: $3,275 in Lisbon versus $3,898 in Banff.

Lisbon $3,275
Banff $3,898

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $5,584 in Banff.

Lisbon $4,341
Banff $5,584

Monthly costs are close between Lisbon and Banff; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Lisbon 62% above, Banff 62% above.

Meal at Budget Restaurant

$16.65 €14.95

$20.99 CA$29.46

-20.68%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.5

$67.5 CA$94.7

-8.51%

Fast Food Meal (McDonalds, etc)

$11.36 €10.20

$10.62 CA$14.90

6.97%

Cappuccino

$2.97 €2.67

$3.99 CA$5.60

-25.56%

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

$2.29 €2.06

$1.74 CA$2.44

31.61%

Water (0.33 liter bottle)

$1.74 €1.56

$1.88 CA$2.64

-7.45%

Local Beer (0.5 liter draught)

$3.40 €3.06

$4.92 CA$6.91

-30.89%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$5.54 CA$7.78

-40.25%

Milk (1 liter)

$1.16 €1.04

$2.16 CA$3.03

-46.30%

White Bread (500g)

$1.91 €1.72

$2.42 CA$3.40

-21.07%

Rice (white) (1kg)

$1.51 €1.36

$4.46 CA$6.25

-66.14%

Eggs

$4.02 €3.61

$3.54 CA$4.97

13.56%

Local Cheese (1kg)

$12.94 €11.62

$9.98 CA$14.00

29.66%

Chicken Fillets (1kg)

$7.77 €6.98

$12.50 CA$17.54

-37.84%

Beef Round Steak (1kg)

$17.76 €15.95

$13.32 CA$18.70

33.33%

Apples (1kg)

$2.30 €2.07

$3.28 CA$4.60

-29.88%

Banana (1kg)

$1.73 €1.56

$1.35 CA$1.89

28.15%

Oranges (1kg)

$1.86 €1.67

$2.73 CA$3.83

-31.87%

Tomato (1kg)

$2.59 €2.33

$4.65 CA$6.53

-44.30%

Potato (1kg)

$1.82 €1.64

$3.58 CA$5.03

-49.16%

Onion (1kg)

$1.97 €1.77

$3.01 CA$4.23

-34.55%

Lettuce (1 head)

$1.47 €1.32

$3.28 CA$4.61

-55.18%

Water (1.5 liter bottle)

$0.72 €0.65

$1.74 CA$2.45

-58.62%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.91

$11.68 CA$16.39

-43.66%

Wine (Bottle)

$5.61 €5.04

$14.05 CA$19.72

-60.07%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$3.14 CA$4.41

-56.69%

Imported Beer (0.33 liter bottle)

$2.14 €1.92

$3.50 CA$4.91

-38.86%

One-way Ticket (Public Transport)

$2.33 €2.10

$1.46 CA$2.05

59.59%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

$21.51 CA$30.18

107.72%

Taxi Start (Normal Tariff)

$3.85 €3.46

$3.66 CA$5.14

5.19%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$2.82 CA$3.95

-62.06%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.79

$21.62 CA$30.33

-23.87%

Gasoline (1 liter)

$2.20 €1.98

$1.04 CA$1.46

111.54%

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

$34.2K €30.7K

$24.8K CA$34.8K

37.74%

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

$38.7K €34.8K

$19.6K CA$27.4K

97.98%

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

$161 €145

$176 CA$248

-8.63%

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

$18.41 €16.54

$49.13 CA$69.0

-62.53%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.41

$66.2 CA$92.9

-50.52%

Gym Membership (Monthly)

$44.55 €40.02

$51.6 CA$72.4

-13.61%

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

Cinema Ticket

$9.60 €8.62

$10.66 CA$14.97

-9.94%

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

$668 €600

$891 CA$1,251

-25.09%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$3,563 CA$5,000

394.42%

Jeans (Levis 501 Or Similar)

$102 €91.6

$48.35 CA$67.9

111.00%

Summer Dress (H&M, Zara, etc)

$44.46 €39.94

$51.9 CA$72.8

-14.34%

Sport Shoes (Adidas, Nike)

$98.5 €88.5

$76.5 CA$107

28.77%

Men's Leather Business Shoes

$124 €111

$119 CA$168

3.59%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

$1,055 CA$1,481

52.39%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,069

$1,000 CA$1,403

19.02%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,526

$1,780 CA$2,499

57.95%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,808

$2,924 CA$4,103

-31.14%

Buy Apartment in City Center (m2)

$7,839 €7,042

$3,744 CA$5,254

109.38%

Buy Apartment Outside City Center (m2)

$4,576 €4,110

$3,390 CA$4,757

34.98%

Average Monthly Net Salary (After Tax)

$1,575 €1,415

$2,778 CA$3,899

-43.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

4.85

-20.62%

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

Last update for Lisbon: October 27, 2026

Last update for Banff: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Banff

$1,000 45.2% 16% $190

Groceries & Markets

Lisbon

$272 12.3%

Banff

$371 16.8% 36% $98

Eating Out

Lisbon

$243 11%

Banff

$298 13.5% 22.8% $55

Monthly Utilities & Internet

Lisbon

$212 9.6%

Banff

$292 13.2% 37.4% $79

Clothing & Footwear

Lisbon

$166 7.5%

Banff

$133 6% 19.7% $33

Sport & Entertainment

Lisbon

$64 2.9%

Banff

$73 3.3% 14.4% $9.2

Getting Around

Lisbon

$63 2.9%

Banff

$45 2% 28.7% $18

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $1,055 in Banff. Housing cost is often the main lever when comparing two cities.

Banff pays 76% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $67 in Banff for a mid-range dinner for two. Groceries echo the gap at $272 vs $371 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇨🇦 Banff

🕒 Local time

23:45 11:45 PM

17:45 5:45 PM

6 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

8,000

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.11 USD

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Lisbon Banff 7,740 km ≈ 10 h nonstop flight

From you

Lisbon
Banff

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 Banff: Cost of Living - Frequently Asked Questions

On paper, salaries run 43% lower in Lisbon. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,608 in Lisbon versus $1,055 in Banff. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $891 in Banff. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Lisbon – a meal for two runs $62 versus $67 in Banff. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Lisbon gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

It comes down to priorities – Lisbon wins on affordability, Banff on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.