Cost of Living Comparison Between Lisbon and Cold Lake Cost of Living Comparison Between Lisbon and Cold Lake

Monthly Cost of Living

A single person spends $2,210 per month in Lisbon vs $2,029 in Cold Lake, rent included.

A couple spends around $3,311 per month in Lisbon vs $3,036 in Cold Lake, rent included.

A family of three spends $4,411 per month in Lisbon vs $4,044 in Cold Lake, rent included.

Lisbon costs about 9% more than Cold Lake, driven mainly by Groceries & Markets.

Both Lisbon and Cold Lake sit above the global median – Lisbon by 65%, Cold Lake by 51%.

Meal at Budget Restaurant

$15.91 €13.69

$18.59 CA$25.75

-14.42%

Three-Course Dinner for Two, Mid-Range

$64.8 €55.7

$61.6 CA$85.3

5.16%

Fast Food Meal (McDonalds, etc)

$10.51 €9.04

$11.43 CA$15.83

-8.05%

Cappuccino

$2.87 €2.47

$3.83 CA$5.30

-25.07%

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

$2.24 €1.93

$2.15 CA$2.97

4.19%

Water (0.33 liter bottle)

$1.50 €1.29

$1.50 CA$2.08

Local Beer (0.5 liter draught)

$3.49 €3.00

$5.72 CA$7.92

-38.99%

Imported Beer (0.33 liter bottle)

$3.88 €3.34

$5.91 CA$8.18

-34.35%

Milk (1 liter)

$1.14 €0.98

$1.06 CA$1.47

7.55%

White Bread (500g)

$1.75 €1.51

$2.05 CA$2.83

-14.63%

Rice (white) (1kg)

$1.76 €1.51

$3.16 CA$4.37

-44.30%

Eggs

$3.22 €2.77

$3.58 CA$4.96

-10.06%

Local Cheese (1kg)

$13.49 €11.61

$11.51 CA$15.94

17.20%

Chicken Fillets (1kg)

$7.91 €6.81

$12.75 CA$17.65

-37.96%

Beef Round Steak (1kg)

$15.87 €13.65

$16.06 CA$22.24

-1.18%

Apples (1kg)

$2.31 €1.99

$4.61 CA$6.39

-49.89%

Banana (1kg)

$1.70 €1.46

$1.11 CA$1.54

53.15%

Oranges (1kg)

$2.01 €1.73

$1.89 CA$2.62

6.35%

Tomato (1kg)

$2.46 €2.12

$2.19 CA$3.03

12.33%

Potato (1kg)

$1.84 €1.59

$2.37 CA$3.28

-22.36%

Onion (1kg)

$2.00 €1.72

$1.08 CA$1.49

85.19%

Lettuce (1 head)

$1.93 €1.66

$2.70 CA$3.74

-28.52%

Water (1.5 liter bottle)

$0.79 €0.68

$1.93 CA$2.67

-59.07%

Cigarettes 20 Pack (Marlboro, Camel)

$6.61 €5.68

$12.43 CA$17.22

-46.82%

Wine (Bottle)

$5.72 €4.92

$12.26 CA$16.97

-53.34%

Local Beer (0.5 liter bottle)

$1.37 €1.17

$2.98 CA$4.12

-54.03%

Imported Beer (0.33 liter bottle)

$2.97 €2.56

$3.27 CA$4.53

-9.17%

One-way Ticket (Public Transport)

$2.37 €2.04

$2.42 CA$3.34

-2.07%

Public Transport Monthly Pass (Regular Price)

$45.56 €39.19

$62.9 CA$87.1

-27.59%

Taxi Start (Normal Tariff)

$4.29 €3.69

$3.24 CA$4.48

32.41%

Taxi (Normal Tariff) (1km)

$0.82 €0.70

$1.66 CA$2.29

-50.60%

Taxi 1hour Waiting (Normal Tariff)

$18.30 €15.74

$23.09 CA$31.96

-20.74%

Gasoline (1 liter)

$2.06 €1.78

$1.01 CA$1.39

103.96%

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

$34.3K €29.5K

$25.0K CA$34.6K

37.26%

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

$39.3K €33.8K

$22.0K CA$30.5K

78.49%

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

$148 €127

$204 CA$283

-27.59%

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

$20.52 €17.65

$44.18 CA$61.2

-53.55%

Internet (50+ Mbps, Unlimited Data)

$39.61 €34.08

$65.3 CA$90.4

-39.36%

Gym Membership (Monthly)

$47.85 €41.16

$42.61 CA$59.0

12.30%

Tennis Court (1 Hour on Weekend)

$18.92 €16.28

Cinema Ticket

$9.18 €7.90

$13.46 CA$18.63

-31.80%

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

$614 €528

$708 CA$980

-13.24%

International Primary School, 1 Child (Yearly)

$16.0K €13.8K

$11.7K CA$16.2K

36.85%

Jeans (Levis 501 Or Similar)

$105 €90.0

$29.96 CA$41.48

249.33%

Summer Dress (H&M, Zara, etc)

$42.06 €36.18

$36.74 CA$50.9

14.48%

Sport Shoes (Adidas, Nike)

$94.0 €80.8

$54.7 CA$75.7

71.80%

Men's Leather Business Shoes

$120 €103

$93.0 CA$129

28.67%

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,400

$899 CA$1,245

81.00%

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,080

$867 CA$1,200

44.79%

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,607

$1,614 CA$2,235

87.70%

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,738

$1,517 CA$2,100

33.17%

Buy Apartment in City Center (m2)

$7,800 €6,709

Buy Apartment Outside City Center (m2)

$4,273 €3,675

Average Monthly Net Salary (After Tax)

$1,603 €1,379

$3,146 CA$4,356

-49.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

6.08

-37.34%

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

Last update for Lisbon: June 1, 2026

Last update for Cold Lake: May 31, 2026

Cost Breakdown

A central one-bedroom costs $1,628 in Lisbon versus $899 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 96% 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 $65.0 in Lisbon versus $62.0 in Cold Lake. Groceries tell a different story – $269 in Lisbon vs $342 in Cold Lake – so Lisbon wins on supermarket bills even if dining out costs more.

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 9%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,315 per month in Lisbon and $3,043 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.

A mid-range dinner for two costs $65.0 in Lisbon and $62.0 in Cold Lake. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $2,210 in Lisbon and $2,029 in Cold Lake. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $2,500 monthly budget goes further in Cold Lake, where all-in costs run around $2,029, than in Lisbon at $2,210. 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.