Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Carenage

For one person, living is cheaper in Carenage: $767 a month against $2,223 in Lisbon, rent and utilities included – about $17,500 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
37

Cost of Living Index in Carenage
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Carenage Living Index

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Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Carenage

🇹🇹 Trinidad And Tobago

$767

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Carenage

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

A single person spends $2,223 per month in Lisbon vs $767 in Carenage, rent included.

Lisbon $2,223
Carenage $767

A couple spends around $3,271 per month in Lisbon vs $1,315 in Carenage, rent included.

Lisbon $3,271
Carenage $1,315

A family of three spends $4,319 per month in Lisbon vs $1,862 in Carenage, rent included.

Lisbon $4,319
Carenage $1,862

Lisbon costs about 190% more than Carenage, and outside of rent the biggest gap is in eating out.

Lisbon sits 65% above the global median, while Carenage is 43% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$16.50 €14.67

$10.35 TTD 69.6

59.42%

Three-Course Dinner for Two, Mid-Range

$61.3 €54.5

$58.7 TTD 395

4.36%

Fast Food Meal (McDonalds, etc)

$11.27 €10.03

$8.01 TTD 53.9

40.70%

Cappuccino

$3.06 €2.72

$3.62 TTD 24.33

-15.47%

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

$2.26 €2.01

$1.04 TTD 6.98

117.31%

Water (0.33 liter bottle)

$1.73 €1.54

$0.71 TTD 4.80

143.66%

Local Beer (0.5 liter draught)

$3.39 €3.02

$1.81 TTD 12.17

87.29%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$2.64 TTD 17.75

28.79%

Milk (1 liter)

$1.12 €1.00

$2.06 TTD 13.82

-45.63%

White Bread (500g)

$1.86 €1.65

$2.35 TTD 15.81

-20.85%

Rice (white) (1kg)

$1.53 €1.36

$2.93 TTD 19.68

-47.78%

Eggs

$3.96 €3.53

$3.93 TTD 26.42

0.76%

Local Cheese (1kg)

$12.76 €11.35

$6.80 TTD 45.75

87.65%

Chicken Fillets (1kg)

$7.90 €7.02

$10.07 TTD 67.8

-21.55%

Beef Round Steak (1kg)

$16.97 €15.09

$9.05 TTD 60.9

87.51%

Apples (1kg)

$2.27 €2.02

$5.51 TTD 37.06

-58.80%

Banana (1kg)

$1.75 €1.55

$2.49 TTD 16.74

-29.72%

Oranges (1kg)

$1.85 €1.64

$3.72 TTD 25.01

-50.27%

Tomato (1kg)

$2.57 €2.28

$4.21 TTD 28.32

-38.95%

Potato (1kg)

$1.86 €1.65

$0.77 TTD 5.16

141.56%

Onion (1kg)

$2.02 €1.80

$0.75 TTD 5.07

169.33%

Lettuce (1 head)

$1.44 €1.28

$1.51 TTD 10.13

-4.64%

Water (1.5 liter bottle)

$0.82 €0.73

$1.15 TTD 7.72

-28.70%

Cigarettes 20 Pack (Marlboro, Camel)

$6.56 €5.83

$5.46 TTD 36.73

20.15%

Wine (Bottle)

$5.62 €5.00

$18.06 TTD 121

-68.88%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$1.49 TTD 10.02

-14.09%

Imported Beer (0.33 liter bottle)

$2.07 €1.84

$2.95 TTD 19.82

-29.83%

One-way Ticket (Public Transport)

$2.35 €2.09

Public Transport Monthly Pass (Regular Price)

$44.18 €39.30

Taxi Start (Normal Tariff)

$3.99 €3.55

$0.86 TTD 5.81

363.95%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$0.92 TTD 6.20

18.48%

Taxi 1hour Waiting (Normal Tariff)

$16.64 €14.81

$14.51 TTD 97.6

14.68%

Gasoline (1 liter)

$2.28 €2.03

$1.12 TTD 7.53

103.57%

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

$33.7K €30.0K

$36.7K TTD 247.2K

-8.36%

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

$39.3K €35.0K

$41.4K TTD 278.6K

-5.11%

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

$167 €149

$44.71 TTD 301

274.61%

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

$18.80 €16.72

$41.69 TTD 280

-54.91%

Internet (50+ Mbps, Unlimited Data)

$33.09 €29.43

$44.90 TTD 302

-26.30%

Gym Membership (Monthly)

$46.01 €40.93

Tennis Court (1 Hour on Weekend)

$19.19 €17.07

Cinema Ticket

$9.84 €8.75

$8.73 TTD 58.7

12.71%

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

$677 €602

$399 TTD 2,687

69.57%

International Primary School, 1 Child (Yearly)

$16.9K €15.1K

$10.7K TTD 72.1K

57.82%

Jeans (Levis 501 Or Similar)

$101 €90.1

$55.6 TTD 374

82.25%

Summer Dress (H&M, Zara, etc)

$45.76 €40.70

$37.01 TTD 249

23.64%

Sport Shoes (Adidas, Nike)

$100.0 €88.9

$88.4 TTD 594

13.17%

Men's Leather Business Shoes

$123 €109

$87.6 TTD 589

40.18%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,436

1-bedroom Apartment, Outside City Center (Monthly)

$1,197 €1,065

3-bedroom Apartment, City Center (Monthly)

$2,862 €2,545

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 €1,770

Buy Apartment in City Center (m2)

$7,577 €6,740

Buy Apartment Outside City Center (m2)

$4,307 €3,831

Average Monthly Net Salary (After Tax)

$1,588 €1,412

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

5.75

-33.04%

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

Last update for Lisbon: October 11, 2026

Last update for Carenage: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.9%

Carenage

- * 0% 100%

Groceries & Markets

Lisbon

$269 12.1%

Carenage

$321 41.8% 19.1% $51

Eating Out

Lisbon

$242 10.9%

Carenage

$172 22.4% 29.2% $71

Monthly Utilities & Internet

Lisbon

$219 9.9%

Carenage

$131 17.1% 40.1% $88

Clothing & Footwear

Lisbon

$166 7.5%

Carenage

$121 15.7% 27.4% $46

Sport & Entertainment

Lisbon

$66 3%

Carenage

$17 * 2.3% 73.4% $48

Getting Around

Lisbon

$63 2.8%

Carenage

$5.5 * 0.7% 91.3% $58

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

Cost Breakdown

A mid-range dinner for two costs $61.0 in Lisbon versus $59.0 in Carenage. Groceries tell a different story – $269 in Lisbon vs $321 in Carenage – so Lisbon wins on supermarket bills even if dining out costs more.

Good to know

🇵🇹 Lisbon

🇹🇹 Carenage

🕒 Local time

20:24 8:24 PM

15:24 3:24 PM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

25,370

💱 Currency

Euro EUR €

Trinidad and Tobago Dollar TTD $

📈 Exchange rate

1 EUR = 1.12 USD

1 TTD = 0.149 USD

1 TTD = 0.132 EUR

Exchange rates and currency converter

TTD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 19, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Trinidad and Tobago Dollar exchange rates as of October 19, 2026: 1 USD = 6.73 TTD (1 TTD = 0.149 USD). 1 EUR = 7.56 TTD (1 TTD = 0.132 EUR).

USD to EUR in detail →

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Between locations

Lisbon Carenage 6,040 km ≈ 8 h nonstop flight

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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 Carenage: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 190%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $3,335 per month in Lisbon and $1,151 in Carenage. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $61.0 in Lisbon and $59.0 in Carenage. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 19% cheaper in Lisbon – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Carenage, where all-in costs run around $767, than in Lisbon at $2,223. In Carenage it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

Families tend to lean toward Carenage – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Carenage. 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.