Cost of Living Comparison Between Lisbon and Armenia Cost of Living Comparison Between Lisbon and Armenia

Monthly Cost of Living

A single person spends $2,316 per month in Lisbon vs $1,190 in Armenia, rent included.

A couple spends around $3,361 per month in Lisbon vs $1,837 in Armenia, rent included.

A family of three spends $4,405 per month in Lisbon vs $2,483 in Armenia, rent included.

Lisbon costs about 95% more than Armenia, driven mainly by Eating Out.

Lisbon sits 69% above the global median, while Armenia is 13% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.55 €15.09

$6.58 COP 20.5K

166.72%

Three-Course Dinner for Two, Mid-Range

$64.5 €55.5

$31.65 COP 98.8K

103.76%

Fast Food Meal (McDonalds, etc)

$11.65 €10.01

$9.61 COP 30.0K

21.23%

Cappuccino

$3.26 €2.80

$2.28 COP 7,121

42.98%

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

$2.49 €2.14

$1.13 COP 3,541

120.35%

Water (0.33 liter bottle)

$1.67 €1.44

$0.93 COP 2,903

79.57%

Local Beer (0.5 liter draught)

$3.47 €2.99

$2.49 COP 7,765

39.36%

Imported Beer (0.33 liter bottle)

$3.58 €3.07

$1.94 COP 6,050

84.54%

Milk (1 liter)

$1.18 €1.02

$1.37 COP 4,272

-13.87%

White Bread (500g)

$1.95 €1.67

$2.49 COP 7,782

-21.69%

Rice (white) (1kg)

$1.56 €1.34

$1.75 COP 5,470

-10.86%

Eggs

$4.01 €3.45

$2.95 COP 9,206

35.93%

Local Cheese (1kg)

$13.27 €11.41

$10.29 COP 32.1K

28.96%

Chicken Fillets (1kg)

$8.42 €7.24

$10.05 COP 31.4K

-16.22%

Beef Round Steak (1kg)

$18.23 €15.68

$14.12 COP 44.1K

29.11%

Apples (1kg)

$2.32 €2.00

$4.08 COP 12.7K

-43.14%

Banana (1kg)

$1.73 €1.49

$1.58 COP 4,937

9.49%

Oranges (1kg)

$1.93 €1.66

$0.81 COP 2,539

138.27%

Tomato (1kg)

$2.64 €2.27

$2.30 COP 7,189

14.78%

Potato (1kg)

$1.90 €1.63

$1.94 COP 6,068

-2.06%

Onion (1kg)

$2.11 €1.82

$1.53 COP 4,789

37.91%

Lettuce (1 head)

$1.44 €1.24

$1.14 COP 3,551

26.32%

Water (1.5 liter bottle)

$0.80 €0.69

$1.29 COP 4,042

-37.98%

Cigarettes 20 Pack (Marlboro, Camel)

$7.01 €6.03

$3.86 COP 12.1K

81.61%

Wine (Bottle)

$5.92 €5.09

$13.61 COP 42.5K

-56.50%

Local Beer (0.5 liter bottle)

$1.36 €1.17

$1.69 COP 5,289

-19.53%

Imported Beer (0.33 liter bottle)

$2.15 €1.85

$2.83 COP 8,842

-24.03%

One-way Ticket (Public Transport)

$2.38 €2.05

$1.08 COP 3,364

120.37%

Public Transport Monthly Pass (Regular Price)

$46.22 €39.74

Taxi Start (Normal Tariff)

$4.19 €3.60

$1.34 COP 4,170

212.69%

Taxi (Normal Tariff) (1km)

$1.10 €0.94

$2.13 COP 6,652

-48.36%

Taxi 1hour Waiting (Normal Tariff)

$17.26 €14.84

$8.33 COP 26.0K

107.20%

Gasoline (1 liter)

$2.25 €1.93

$1.30 COP 4,067

73.08%

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

$34.5K €29.6K

$28.5K COP 88.9M

21.04%

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

$41.6K €35.8K

$35.5K COP 110.7M

17.35%

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

$171 €147

$108 COP 336.4K

58.56%

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

$19.01 €16.34

$13.47 COP 42.0K

41.13%

Internet (50+ Mbps, Unlimited Data)

$34.28 €29.48

$28.06 COP 87.6K

22.17%

Gym Membership (Monthly)

$49.65 €42.69

$19.30 COP 60.2K

157.25%

Tennis Court (1 Hour on Weekend)

$19.51 €16.77

Cinema Ticket

$10.10 €8.68

$6.43 COP 20.1K

57.08%

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

$699 €601

$808 COP 2.5M

-13.48%

International Primary School, 1 Child (Yearly)

$17.8K €15.3K

$9,014 COP 28.1M

97.11%

Jeans (Levis 501 Or Similar)

$105 €89.9

$85.5 COP 267.0K

22.28%

Summer Dress (H&M, Zara, etc)

$47.97 €41.24

$58.6 COP 183.0K

-18.18%

Sport Shoes (Adidas, Nike)

$102 €87.6

$137 COP 427.1K

-25.55%

Men's Leather Business Shoes

$128 €110

$101 COP 314.9K

27.16%

1-bedroom Apartment, City Center (Monthly)

$1,661 €1,428

$578 COP 1.8M

187.22%

1-bedroom Apartment, Outside City Center (Monthly)

$1,228 €1,056

$382 COP 1.2M

221.85%

3-bedroom Apartment, City Center (Monthly)

$2,915 €2,506

$946 COP 3.0M

208.10%

3-bedroom Apartment, Outside City Center (Monthly)

$2,023 €1,740

$793 COP 2.5M

154.99%

Buy Apartment in City Center (m2)

$8,129 €6,989

Buy Apartment Outside City Center (m2)

$4,635 €3,985

Average Monthly Net Salary (After Tax)

$1,619 €1,392

$530 COP 1.7M

205.77%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

10.94

-65.45%

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

Last update for Lisbon: September 5, 2026

Last update for Armenia: September 7, 2026

Cost Breakdown

A central one-bedroom costs $1,677 in Lisbon versus $578 in Armenia. 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 199% higher in Lisbon, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $63.0 in Lisbon versus $32.00 in Armenia. Groceries tell a different story – $283 in Lisbon vs $296 in Armenia – 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 Armenia: Cost of Living - Frequently Asked Questions

Lisbon costs about 95% more than Armenia, with the gap driven mainly by Eating Out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,474 per month in Lisbon and $1,786 in Armenia. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Armenia, 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 $2,316 in Lisbon and $1,190 in Armenia. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $717 per month in Lisbon and $808 in Armenia. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Armenia, where all-in costs run around $1,190, than in Lisbon at $2,316. In Armenia it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Armenia costs $1,190 versus $2,316 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 Armenia. 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.