Last update: Nov 2026

Cost of Living Comparison Between Lisbon and Carmel, IN

For one person, living is cheaper in Lisbon: $2,206 a month against $2,557 in Carmel, IN, rent and utilities included – about $4,200 less a year. Other living expenses account for most of the difference.

106

Cost of Living Index in Lisbon
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Lisbon Living Index
123

Cost of Living Index in Carmel, IN
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Carmel, IN Living Index

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Lisbon

🇵🇹 Portugal

$2,206

/mo nomad

Carmel, IN

🇺🇸 United States

$2,557

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Carmel, IN

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

A single person spends $2,206 per month in Lisbon vs $2,557 in Carmel, IN, rent included.

Lisbon $2,206
Carmel, IN $2,557

A couple spends around $3,276 per month in Lisbon vs $3,944 in Carmel, IN, rent included.

Lisbon $3,276
Carmel, IN $3,944

A family of three spends $4,346 per month in Lisbon vs $5,331 in Carmel, IN, rent included.

Lisbon $4,346
Carmel, IN $5,331

Lisbon is about 14% cheaper than Carmel, IN, and outside of rent the biggest gap is in groceries.

Both Lisbon and Carmel, IN sit above the global median – Lisbon by 63%, Carmel, IN by 89%.

Meal at Budget Restaurant

$16.86 €15.04

$19.80 $19.80

-14.85%

Three-Course Dinner for Two, Mid-Range

$61.0 €54.5

$78.8 $78.8

-22.51%

Fast Food Meal (McDonalds, etc)

$10.98 €9.80

$9.22 $9.22

19.09%

Cappuccino

$3.05 €2.72

$4.74 $4.74

-35.65%

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

$2.28 €2.04

$2.74 $2.74

-16.79%

Water (0.33 liter bottle)

$1.68 €1.50

$1.96 $1.96

-14.29%

Local Beer (0.5 liter draught)

$3.44 €3.07

$5.91 $5.91

-41.79%

Imported Beer (0.33 liter bottle)

$3.91 €3.48

$7.54 $7.54

-48.14%

Milk (1 liter)

$1.15 €1.02

$0.89 $0.89

29.21%

White Bread (500g)

$1.89 €1.68

$3.24 $3.24

-41.67%

Rice (white) (1kg)

$1.50 €1.34

$4.74 $4.74

-68.35%

Eggs

$4.12 €3.67

$4.25 $4.25

-3.06%

Local Cheese (1kg)

$13.01 €11.60

$12.62 $12.62

3.09%

Chicken Fillets (1kg)

$8.04 €7.18

$11.24 $11.24

-28.47%

Beef Round Steak (1kg)

$17.89 €15.96

$16.33 $16.33

9.55%

Apples (1kg)

$2.27 €2.03

$5.41 $5.41

-58.04%

Banana (1kg)

$1.74 €1.56

$1.47 $1.47

18.37%

Oranges (1kg)

$1.82 €1.62

$4.22 $4.22

-56.87%

Tomato (1kg)

$2.69 €2.40

$4.21 $4.21

-36.10%

Potato (1kg)

$1.77 €1.58

$2.53 $2.53

-30.04%

Onion (1kg)

$1.94 €1.73

$2.95 $2.95

-34.24%

Lettuce (1 head)

$1.46 €1.31

$2.02 $2.02

-27.72%

Water (1.5 liter bottle)

$0.76 €0.68

$2.55 $2.55

-70.20%

Cigarettes 20 Pack (Marlboro, Camel)

$6.66 €5.94

$11.39 $11.39

-41.53%

Wine (Bottle)

$5.64 €5.03

$15.02 $15.02

-62.45%

Local Beer (0.5 liter bottle)

$1.29 €1.15

$2.12 $2.12

-39.15%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$3.50 $3.50

-38.86%

One-way Ticket (Public Transport)

$2.30 €2.05

$2.45 $2.45

-6.12%

Public Transport Monthly Pass (Regular Price)

$44.02 €39.26

Taxi Start (Normal Tariff)

$3.98 €3.55

$1.97 $1.97

102.03%

Taxi (Normal Tariff) (1km)

$0.64 €0.57

$1.26 $1.26

-49.21%

Taxi 1hour Waiting (Normal Tariff)

$18.93 €16.88

$24.84 $24.84

-23.79%

Gasoline (1 liter)

$2.28 €2.03

$0.98 $0.98

132.65%

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

$33.4K €29.8K

$30.2K $30.2K

10.48%

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

$38.5K €34.3K

$26.3K $26.3K

46.26%

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

$158 €141

$230 $230

-31.17%

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

$17.54 €15.64

$70.7 $70.7

-75.20%

Internet (50+ Mbps, Unlimited Data)

$31.18 €27.82

$67.4 $67.4

-53.70%

Gym Membership (Monthly)

$44.64 €39.82

$69.6 $69.6

-35.84%

Tennis Court (1 Hour on Weekend)

$18.98 €16.93

$31.88 $31.88

-40.46%

Cinema Ticket

$9.58 €8.54

$14.89 $14.89

-35.66%

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

$674 €601

$1,740 $1,740

-61.28%

International Primary School, 1 Child (Yearly)

$18.7K €16.7K

$24.9K $24.9K

-24.91%

Jeans (Levis 501 Or Similar)

$102 €91.2

$49.86 $49.86

104.95%

Summer Dress (H&M, Zara, etc)

$45.90 €40.94

$45.01 $45.01

1.98%

Sport Shoes (Adidas, Nike)

$102 €91.2

$87.9 $87.9

16.26%

Men's Leather Business Shoes

$122 €109

$108 $108

12.83%

1-bedroom Apartment, City Center (Monthly)

$1,641 €1,463

$1,492 $1,492

9.93%

1-bedroom Apartment, Outside City Center (Monthly)

$1,187 €1,059

$1,241 $1,241

-4.32%

3-bedroom Apartment, City Center (Monthly)

$2,825 €2,519

$2,631 $2,631

7.37%

3-bedroom Apartment, Outside City Center (Monthly)

$2,018 €1,800

$2,416 $2,416

-16.45%

Buy Apartment in City Center (m2)

$7,836 €6,989

$1,876 $1,876

317.75%

Buy Apartment Outside City Center (m2)

$4,701 €4,193

$1,793 $1,793

162.25%

Average Monthly Net Salary (After Tax)

$1,687 €1,505

$6,277 $6,277

-73.12%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.82

6.7

-42.99%

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

Last update for Lisbon: November 1, 2026

Last update for Carmel, IN: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Carmel, IN

$1.2K 48.5% 4.5% $54

Groceries & Markets

Lisbon

$275 12.5%

Carmel, IN

$394 15.4% 43.5% $119

Eating Out

Lisbon

$245 11.1%

Carmel, IN

$306 12% 24.9% $61

Monthly Utilities & Internet

Lisbon

$207 9.4%

Carmel, IN

$368 14.4% 77.8% $161

Clothing & Footwear

Lisbon

$168 7.6%

Carmel, IN

$131 5.1% 21.9% $37

Sport & Entertainment

Lisbon

$64 2.9%

Carmel, IN

$99 3.9% 55.7% $36

Getting Around

Lisbon

$60 2.7%

Carmel, IN

$18 * 0.7% 70.1% $42

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

Cost Breakdown

A central one-bedroom costs $1,641 in Lisbon versus $1,492 in Carmel, IN. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries in Carmel, IN are about 3.7 times higher. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $61 in Lisbon versus $79 in Carmel, IN. Monthly groceries follow the same trend: $275 vs $394 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇵🇹 Lisbon

🇺🇸 Carmel, IN

🕒 Local time

17:36 5:36 PM

12:36 12:36 PM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

99,757

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.12 USD

1 USD = 0.892 EUR

Exchange rates and currency converter

On the map

Lowest

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Between locations

Lisbon Carmel, IN 6,400 km ≈ 9 h nonstop flight

From you

Lisbon
Carmel, IN

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 Carmel, IN: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,206 in Lisbon, $2,557 in Carmel, IN – Lisbon comes out roughly 14% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,309 per month in Lisbon and $3,836 in Carmel, IN. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A central 1-bedroom goes for about $1,641 in Lisbon and $1,492 in Carmel, IN. The gap holds across neighborhoods – outer areas show a similar spread, just at lower price points.

A mid-range dinner for two costs $61 in Lisbon and $79 in Carmel, IN. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 44% more in Carmel, IN, though the gap depends on what you buy.

$3,000 covers both cities comfortably – all-in costs are $2,206 in Lisbon and $2,557 in Carmel, IN, leaving budget for savings and extras in both cases.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $2,206 in Lisbon to $2,557 in Carmel, IN. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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