Cost of Living Comparison Between Lisbon and Canaries Cost of Living Comparison Between Lisbon and Canaries

Monthly Cost of Living

A single person spends $2,296 per month in Lisbon vs $185 in Canaries, rent included.

A couple spends around $3,376 per month in Lisbon vs $279 in Canaries, rent included.

A family of three spends $4,457 per month in Lisbon vs $373 in Canaries, rent included.

Lisbon costs about 1144% more than Canaries, driven mainly by Groceries & Markets.

Lisbon sits 68% above the global median, while Canaries is 87% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.59 €15.33

Three-Course Dinner for Two, Mid-Range

$62.9 €54.8

Fast Food Meal (McDonalds, etc)

$11.58 €10.10

Cappuccino

$3.10 €2.70

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

$2.49 €2.17

Water (0.33 liter bottle)

$1.74 €1.52

Local Beer (0.5 liter draught)

$3.48 €3.03

Imported Beer (0.33 liter bottle)

$3.44 €3.00

Milk (1 liter)

$1.15 €1.00

White Bread (500g)

$1.91 €1.66

Rice (white) (1kg)

$1.50 €1.31

Eggs

$3.98 €3.47

Local Cheese (1kg)

$13.29 €11.59

Chicken Fillets (1kg)

$8.01 €6.98

Beef Round Steak (1kg)

$18.04 €15.73

Apples (1kg)

$2.35 €2.05

Banana (1kg)

$1.75 €1.53

Oranges (1kg)

$1.85 €1.62

Tomato (1kg)

$2.55 €2.22

Potato (1kg)

$1.84 €1.61

Onion (1kg)

$2.10 €1.83

Lettuce (1 head)

$1.49 €1.30

Water (1.5 liter bottle)

$0.82 €0.71

Cigarettes 20 Pack (Marlboro, Camel)

$7.10 €6.19

Wine (Bottle)

$5.91 €5.15

Local Beer (0.5 liter bottle)

$1.31 €1.15

Imported Beer (0.33 liter bottle)

$2.13 €1.86

One-way Ticket (Public Transport)

$2.36 €2.05

Public Transport Monthly Pass (Regular Price)

$46.62 €40.63

Taxi Start (Normal Tariff)

$4.08 €3.55

Taxi (Normal Tariff) (1km)

$1.14 €0.99

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.90

Gasoline (1 liter)

$2.31 €2.01

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

$34.1K €29.7K

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

$41.4K €36.1K

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

$169 €147

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

$19.33 €16.85

Internet (50+ Mbps, Unlimited Data)

$33.51 €29.21

Gym Membership (Monthly)

$48.84 €42.57

Tennis Court (1 Hour on Weekend)

$19.43 €16.94

Cinema Ticket

$9.57 €8.34

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

$696 €607

International Primary School, 1 Child (Yearly)

$17.4K €15.1K

Jeans (Levis 501 Or Similar)

$105 €91.8

Summer Dress (H&M, Zara, etc)

$47.75 €41.62

Sport Shoes (Adidas, Nike)

$101 €87.6

Men's Leather Business Shoes

$124 €108

1-bedroom Apartment, City Center (Monthly)

$1,662 €1,449

$187 EC$505

788.71%

1-bedroom Apartment, Outside City Center (Monthly)

$1,246 €1,086

$186 EC$502

569.95%

3-bedroom Apartment, City Center (Monthly)

$2,965 €2,584

$302 EC$814

882.93%

3-bedroom Apartment, Outside City Center (Monthly)

$2,049 €1,786

$365 EC$985

461.49%

Buy Apartment in City Center (m2)

$7,834 €6,829

$185 EC$500

4129.49%

Buy Apartment Outside City Center (m2)

$4,464 €3,892

$257 EC$693

1639.69%

Average Monthly Net Salary (After Tax)

$1,632 €1,422

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

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

Last update for Lisbon: September 12, 2026

Last update for Canaries: September 14, 2026

Cost Breakdown

A central one-bedroom costs $1,662 in Lisbon versus $187 in Canaries. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

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 Canaries: Cost of Living - Frequently Asked Questions

Lisbon costs about 1144% more than Canaries, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,444 per month in Lisbon and $277 in Canaries. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Canaries, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A $1,000 monthly budget goes further in Canaries, where all-in costs run around $185, than in Lisbon at $2,296. In Canaries it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Canaries costs $185 versus $2,296 in Lisbon. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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.

If budget matters most, go with Canaries. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.