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

Monthly Cost of Living

A single person spends $2,263 per month in Lisbon vs $791 in Armenia, rent included.

A couple spends around $3,315 per month in Lisbon vs $1,273 in Armenia, rent included.

A family of three spends $4,368 per month in Lisbon vs $1,755 in Armenia, rent included.

Lisbon costs about 186% more than Armenia, driven mainly by Eating Out.

Lisbon sits 68% above the global median, while Armenia is 41% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.94 €13.82

$4.07 COP 14.5K

291.65%

Three-Course Dinner for Two, Mid-Range

$63.4 €54.9

$17.18 COP 61.3K

268.86%

Fast Food Meal (McDonalds, etc)

$10.38 €9.00

$7.07 COP 25.2K

46.82%

Cappuccino

$2.79 €2.42

$1.29 COP 4,606

116.28%

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

$2.34 €2.03

$0.94 COP 3,348

148.94%

Water (0.33 liter bottle)

$1.57 €1.36

$0.52 COP 1,871

201.92%

Local Beer (0.5 liter draught)

$3.43 €2.97

$1.24 COP 4,429

176.61%

Imported Beer (0.33 liter bottle)

$3.91 €3.39

$1.74 COP 6,196

124.71%

Milk (1 liter)

$1.08 €0.93

$1.06 COP 3,792

1.89%

White Bread (500g)

$1.77 €1.53

$1.31 COP 4,688

35.11%

Rice (white) (1kg)

$1.71 €1.48

$1.24 COP 4,406

37.90%

Eggs

$3.15 €2.73

$1.98 COP 7,052

59.09%

Local Cheese (1kg)

$13.68 €11.86

$2.44 COP 8,713

460.66%

Chicken Fillets (1kg)

$8.01 €6.94

$5.90 COP 21.1K

35.76%

Beef Round Steak (1kg)

$15.52 €13.45

$6.27 COP 22.4K

147.53%

Apples (1kg)

$2.29 €1.99

$2.23 COP 7,969

2.69%

Banana (1kg)

$1.64 €1.42

$1.12 COP 3,980

46.43%

Oranges (1kg)

$1.94 €1.68

$1.45 COP 5,185

33.79%

Tomato (1kg)

$2.51 €2.18

$1.42 COP 5,076

76.76%

Potato (1kg)

$1.79 €1.55

$1.13 COP 4,021

58.41%

Onion (1kg)

$2.01 €1.74

$1.17 COP 4,169

71.79%

Lettuce (1 head)

$1.97 €1.70

$0.83 COP 2,948

137.35%

Water (1.5 liter bottle)

$0.84 €0.73

$0.46 COP 1,640

82.61%

Cigarettes 20 Pack (Marlboro, Camel)

$6.79 €5.88

$2.27 COP 8,104

199.12%

Wine (Bottle)

$5.67 €4.92

$8.32 COP 29.7K

-31.85%

Local Beer (0.5 liter bottle)

$1.39 €1.20

$1.15 COP 4,094

20.87%

Imported Beer (0.33 liter bottle)

$3.02 €2.61

$2.39 COP 8,535

26.36%

One-way Ticket (Public Transport)

$2.27 €1.97

$0.67 COP 2,391

238.81%

Public Transport Monthly Pass (Regular Price)

$45.44 €39.38

Taxi Start (Normal Tariff)

$4.29 €3.72

$0.62 COP 2,225

591.94%

Taxi (Normal Tariff) (1km)

$0.85 €0.74

$1.98 COP 7,053

-57.07%

Taxi 1hour Waiting (Normal Tariff)

$18.28 €15.84

$7.73 COP 27.6K

136.48%

Gasoline (1 liter)

$1.99 €1.72

$0.95 COP 3,387

109.47%

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

$35.0K €30.4K

$17.6K COP 62.9M

98.70%

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

$39.5K €34.3K

$26.4K COP 94.2M

49.78%

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

$146 €127

$81.2 COP 289.4K

80.14%

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

$20.45 €17.72

$9.44 COP 33.7K

116.63%

Internet (50+ Mbps, Unlimited Data)

$38.98 €33.78

$15.79 COP 56.3K

146.87%

Gym Membership (Monthly)

$48.98 €42.46

$23.76 COP 84.7K

106.14%

Tennis Court (1 Hour on Weekend)

$18.83 €16.32

Cinema Ticket

$9.52 €8.25

$4.09 COP 14.6K

132.76%

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

$608 €527

$219 COP 782.1K

177.31%

International Primary School, 1 Child (Yearly)

$16.5K €14.3K

$5,899 COP 21.0M

179.90%

Jeans (Levis 501 Or Similar)

$104 €90.0

$59.9 COP 213.7K

73.41%

Summer Dress (H&M, Zara, etc)

$42.12 €36.50

$32.58 COP 116.2K

29.28%

Sport Shoes (Adidas, Nike)

$92.2 €79.9

$103 COP 368.6K

-10.79%

Men's Leather Business Shoes

$120 €104

$107 COP 380.0K

12.66%

1-bedroom Apartment, City Center (Monthly)

$1,621 €1,405

$291 COP 1.0M

457.00%

1-bedroom Apartment, Outside City Center (Monthly)

$1,268 €1,099

$237 COP 846.5K

434.05%

3-bedroom Apartment, City Center (Monthly)

$3,048 €2,642

$526 COP 1.9M

479.82%

3-bedroom Apartment, Outside City Center (Monthly)

$2,009 €1,741

$601 COP 2.1M

234.05%

Buy Apartment in City Center (m2)

$7,663 €6,641

Buy Apartment Outside City Center (m2)

$4,329 €3,752

$1,576 COP 5.6M

174.69%

Average Monthly Net Salary (After Tax)

$1,585 €1,374

$449 COP 1.6M

253.03%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

13.43

-71.63%

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

Last update for Lisbon: June 8, 2026

Last update for Armenia: June 8, 2026

Cost Breakdown

A central one-bedroom costs $1,621 in Lisbon versus $291 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 253% 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 $17.00 in Armenia. Monthly groceries follow the same trend: $269 vs $165 – making Armenia the more affordable choice for daily food spending.

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 186% 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 $3,394 per month in Lisbon and $1,186 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 $2,263 in Lisbon and $791 in Armenia. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $608 per month in Lisbon and $219 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 $791, than in Lisbon at $2,263. 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 $791 versus $2,263 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.