Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Banos

For one person, living is cheaper in Banos: $819 a month against $2,210 in Lisbon, rent and utilities included – about $16,700 less a year. Rent and utilities account for most of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
39

Cost of Living Index in Banos
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Banos Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Banos

🇪🇨 Ecuador

$819

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Banos

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $819 in Banos.

Lisbon $2,210
Banos $819

Estimated couple costs with rent: $3,275 in Lisbon versus $1,260 in Banos.

Lisbon $3,275
Banos $1,260

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $1,701 in Banos.

Lisbon $4,341
Banos $1,701

Living in Lisbon is roughly 170% more expensive than in Banos, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lisbon is 62% above, Banos is 40% below.

Meal at Budget Restaurant

$16.65 €14.96

$2.78 $2.78

498.92%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.5

$30.08 $30.08

105.25%

Fast Food Meal (McDonalds, etc)

$11.36 €10.20

$5.02 $5.02

126.29%

Cappuccino

$2.97 €2.67

$2.60 $2.60

14.23%

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

$2.29 €2.06

$0.92 $0.92

148.91%

Water (0.33 liter bottle)

$1.74 €1.56

$0.73 $0.73

138.36%

Local Beer (0.5 liter draught)

$3.40 €3.06

$2.99 $2.99

13.71%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$2.02 $2.02

63.86%

Milk (1 liter)

$1.16 €1.04

$1.05 $1.05

10.48%

White Bread (500g)

$1.91 €1.72

$1.99 $1.99

-4.02%

Rice (white) (1kg)

$1.51 €1.36

$0.86 $0.86

75.58%

Eggs

$4.02 €3.61

$1.49 $1.49

169.80%

Local Cheese (1kg)

$12.94 €11.62

$7.04 $7.04

83.81%

Chicken Fillets (1kg)

$7.77 €6.99

$5.04 $5.04

54.17%

Beef Round Steak (1kg)

$17.76 €15.96

$5.85 $5.85

203.59%

Apples (1kg)

$2.30 €2.07

$1.49 $1.49

54.36%

Banana (1kg)

$1.73 €1.56

$0.49 $0.49

253.06%

Oranges (1kg)

$1.86 €1.67

$1.02 $1.02

82.35%

Tomato (1kg)

$2.59 €2.33

$0.95 $0.95

172.63%

Potato (1kg)

$1.82 €1.64

$0.51 $0.51

256.86%

Onion (1kg)

$1.97 €1.77

$0.91 $0.91

116.48%

Lettuce (1 head)

$1.47 €1.32

$0.51 $0.51

188.24%

Water (1.5 liter bottle)

$0.72 €0.65

$1.02 $1.02

-29.41%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.92

$5.83 $5.83

12.86%

Wine (Bottle)

$5.61 €5.04

$11.80 $11.80

-52.46%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$1.55 $1.55

-12.26%

Imported Beer (0.33 liter bottle)

$2.14 €1.92

$2.15 $2.15

-0.47%

One-way Ticket (Public Transport)

$2.33 €2.10

$0.36 $0.36

547.22%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

Taxi Start (Normal Tariff)

$3.85 €3.46

$1.27 $1.27

203.15%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$1.23 $1.23

-13.01%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.79

$11.90 $11.90

38.32%

Gasoline (1 liter)

$2.20 €1.98

$0.87 $0.87

152.87%

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

$34.2K €30.7K

$23.1K $23.1K

48.01%

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

$38.7K €34.8K

$30.6K $30.6K

26.48%

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

$161 €145

$33.82 $33.82

376.70%

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

$18.41 €16.54

$14.62 $14.62

25.92%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.41

$25.86 $25.86

26.60%

Gym Membership (Monthly)

$44.55 €40.03

$29.84 $29.84

49.30%

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

$14.62 $14.62

30.64%

Cinema Ticket

$9.60 €8.62

$7.28 $7.28

31.87%

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

$668 €600

$369 $369

80.87%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$5,777 $5,777

204.90%

Jeans (Levis 501 Or Similar)

$102 €91.7

$64.8 $64.8

57.41%

Summer Dress (H&M, Zara, etc)

$44.46 €39.95

$39.86 $39.86

11.54%

Sport Shoes (Adidas, Nike)

$98.5 €88.5

$127 $127

-22.64%

Men's Leather Business Shoes

$124 €111

$91.7 $91.7

34.85%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

$440 $440

265.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,069

$275 $275

332.19%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,527

$705 $705

299.09%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,809

$448 $448

349.30%

Buy Apartment in City Center (m2)

$7,839 €7,043

Buy Apartment Outside City Center (m2)

$4,576 €4,111

Average Monthly Net Salary (After Tax)

$1,575 €1,415

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

10.05

-61.69%

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

Last update for Lisbon: October 27, 2026

Last update for Banos: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Banos

$275 33.6% 76.9% $915

Groceries & Markets

Lisbon

$272 12.3%

Banos

$176 21.5% 35.3% $96

Eating Out

Lisbon

$243 11%

Banos

$94 11.5% 61.2% $149

Monthly Utilities & Internet

Lisbon

$212 9.6%

Banos

$74 9.1% 65% $138

Clothing & Footwear

Lisbon

$166 7.5%

Banos

$146 17.8% 12.2% $20

Sport & Entertainment

Lisbon

$64 2.9%

Banos

$44 5.4% 30.4% $19

Getting Around

Lisbon

$63 2.9%

Banos

$8.9 * 1.1% 85.9% $54

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $440 in Banos. Housing cost is often the main lever when comparing two cities.

Dining out: $62 in Lisbon vs $30 in Banos for a mid-range dinner for two. Groceries echo the gap at $272 vs $176 per month, with Banos cheaper across the board.

Good to know

🇵🇹 Lisbon

🇪🇨 Banos

🕒 Local time

14:42 2:42 PM

09:42 9:42 AM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

9,501

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.11 USD

1 USD = 0.899 EUR

Exchange rates and currency converter

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Between locations

Lisbon Banos 8,330 km ≈ 11 h nonstop flight

From you

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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 Banos: Cost of Living - Frequently Asked Questions

Banos wins on cost – living expenses run 63% lower than in Lisbon. Housing and daily spending are where you’ll feel the difference most, making Banos the obvious pick if budget is a priority.

You’d need roughly $3,315 in Lisbon and $1,228 in Banos to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,608 in Lisbon versus $440 in Banos. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $369 in Banos. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Banos – a meal for two runs $30 versus $62 in Lisbon. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $800. Banos is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

For families, Banos is more practical. Housing and childcare are both notably cheaper than in Lisbon, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Lisbon and Banos are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.