Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Cold Lake

For one person, living is cheaper in Cold Lake: $1,912 a month against $2,223 in Lisbon, rent and utilities included – about $3,700 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
93

Cost of Living Index in Cold Lake
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Cold Lake Living Index

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Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Cold Lake

🇨🇦 Canada

$1,912

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Cold Lake

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

A single person spends $2,223 per month in Lisbon vs $1,912 in Cold Lake, rent included.

Lisbon $2,223
Cold Lake $1,912

A couple spends around $3,271 per month in Lisbon vs $2,791 in Cold Lake, rent included.

Lisbon $3,271
Cold Lake $2,791

A family of three spends $4,319 per month in Lisbon vs $3,670 in Cold Lake, rent included.

Lisbon $4,319
Cold Lake $3,670

Lisbon costs about 16% more than Cold Lake, and outside of rent the biggest gap is in clothing.

Both Lisbon and Cold Lake sit above the global median – Lisbon by 65%, Cold Lake by 42%.

Meal at Budget Restaurant

$16.50 €14.67

$19.96 CA$28.21

-17.33%

Three-Course Dinner for Two, Mid-Range

$61.3 €54.5

$57.5 CA$81.2

6.60%

Fast Food Meal (McDonalds, etc)

$11.27 €10.03

$9.67 CA$13.68

16.55%

Cappuccino

$3.06 €2.72

$3.82 CA$5.40

-19.90%

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

$2.26 €2.01

$2.26 CA$3.19

Water (0.33 liter bottle)

$1.73 €1.54

$1.42 CA$2.01

21.83%

Local Beer (0.5 liter draught)

$3.39 €3.02

$5.57 CA$7.87

-39.14%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$6.14 CA$8.68

-44.63%

Milk (1 liter)

$1.12 €1.00

$1.16 CA$1.64

-3.45%

White Bread (500g)

$1.86 €1.65

$2.18 CA$3.09

-14.68%

Rice (white) (1kg)

$1.53 €1.36

$2.87 CA$4.06

-46.69%

Eggs

$3.96 €3.53

$3.07 CA$4.35

28.99%

Local Cheese (1kg)

$12.76 €11.35

$10.61 CA$14.99

20.26%

Chicken Fillets (1kg)

$7.90 €7.02

$11.16 CA$15.77

-29.21%

Beef Round Steak (1kg)

$16.97 €15.09

$18.77 CA$26.53

-9.59%

Apples (1kg)

$2.27 €2.02

$3.50 CA$4.94

-35.14%

Banana (1kg)

$1.75 €1.55

$1.16 CA$1.64

50.86%

Oranges (1kg)

$1.85 €1.64

$2.81 CA$3.97

-34.16%

Tomato (1kg)

$2.57 €2.28

$2.48 CA$3.50

3.63%

Potato (1kg)

$1.86 €1.65

$2.15 CA$3.04

-13.49%

Onion (1kg)

$2.02 €1.80

$1.06 CA$1.50

90.57%

Lettuce (1 head)

$1.44 €1.28

$2.33 CA$3.30

-38.20%

Water (1.5 liter bottle)

$0.82 €0.73

$1.75 CA$2.48

-53.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.56 €5.83

$11.94 CA$16.88

-45.06%

Wine (Bottle)

$5.62 €5.00

$11.41 CA$16.14

-50.74%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$3.57 CA$5.05

-64.15%

Imported Beer (0.33 liter bottle)

$2.07 €1.84

$2.85 CA$4.03

-27.37%

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

$2.92 CA$4.13

36.64%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$1.38 CA$1.95

-21.01%

Taxi 1hour Waiting (Normal Tariff)

$16.64 €14.81

$20.67 CA$29.22

-19.50%

Gasoline (1 liter)

$2.28 €2.03

$1.03 CA$1.45

121.36%

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

$33.7K €30.0K

$28.3K CA$40.0K

19.15%

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

$39.3K €35.0K

$19.4K CA$27.4K

102.70%

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

$167 €149

$225 CA$318

-25.56%

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

$18.80 €16.72

$43.04 CA$60.8

-56.32%

Internet (50+ Mbps, Unlimited Data)

$33.09 €29.43

$54.3 CA$76.7

-39.00%

Gym Membership (Monthly)

$46.01 €40.93

Tennis Court (1 Hour on Weekend)

$19.19 €17.07

Cinema Ticket

$9.84 €8.75

$12.61 CA$17.82

-21.97%

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

$677 €602

$761 CA$1,075

-10.97%

International Primary School, 1 Child (Yearly)

$16.9K €15.1K

$9,434 CA$13.3K

79.35%

Jeans (Levis 501 Or Similar)

$101 €90.1

$28.35 CA$40.08

257.11%

Summer Dress (H&M, Zara, etc)

$45.76 €40.70

$35.05 CA$49.55

30.56%

Sport Shoes (Adidas, Nike)

$100.0 €88.9

$51.5 CA$72.8

94.23%

Men's Leather Business Shoes

$123 €109

$85.9 CA$121

42.98%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,436

$860 CA$1,216

87.62%

1-bedroom Apartment, Outside City Center (Monthly)

$1,197 €1,065

$840 CA$1,188

42.43%

3-bedroom Apartment, City Center (Monthly)

$2,862 €2,545

$1,544 CA$2,183

85.33%

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 €1,770

$1,397 CA$1,975

42.43%

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

$3,084 CA$4,359

-48.51%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

4.32

-10.88%

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

Last update for Lisbon: October 11, 2026

Last update for Cold Lake: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.9%

Cold Lake

$840 44% 29.8% $357

Groceries & Markets

Lisbon

$269 12.1%

Cold Lake

$335 17.5% 24.2% $65

Eating Out

Lisbon

$242 10.9%

Cold Lake

$289 15.1% 19.5% $47

Monthly Utilities & Internet

Lisbon

$219 9.9%

Cold Lake

$322 16.9% 46.9% $103

Clothing & Footwear

Lisbon

$166 7.5%

Cold Lake

$90 4.7% 45.7% $76

Sport & Entertainment

Lisbon

$66 3%

Cold Lake

$25 * 1.3% 61.6% $40

Getting Around

Lisbon

$63 2.8%

Cold Lake

$9.8 * 0.5% 84.4% $53

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

Cost Breakdown

A central one-bedroom costs $1,614 in Lisbon versus $860 in Cold Lake. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 94% higher in Cold Lake, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $61.0 in Lisbon versus $57.0 in Cold Lake. Groceries tell a different story – $269 in Lisbon vs $335 in Cold Lake – so Lisbon wins on supermarket bills even if dining out costs more.

Good to know

🇵🇹 Lisbon

🇨🇦 Cold Lake

🕒 Local time

23:36 11:36 PM

16:36 4:36 PM

7 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

11,595

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.12 USD

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

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Between locations

Lisbon Cold Lake 7,230 km ≈ 10 h nonstop flight

From you

Lisbon
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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 Cold Lake: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 16%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $3,335 per month in Lisbon and $2,868 in Cold Lake. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Monthly expenses with rent come to $2,223 in Lisbon and $1,912 in Cold Lake. That's a gap of about 16%.

Kindergarten costs $677 per month in Lisbon and $761 in Cold Lake. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $1,912, than in Lisbon at $2,223. In Cold Lake it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

Families tend to lean toward Cold Lake – 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 Cold Lake. 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.