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

Monthly Cost of Living

A single person spends $2,243 per month in Lisbon vs $788 in Armenia, rent included.

A couple spends around $3,315 per month in Lisbon vs $1,260 in Armenia, rent included.

A family of three spends $4,387 per month in Lisbon vs $1,733 in Armenia, rent included.

Lisbon costs about 185% more than Armenia, driven mainly by Eating Out.

Lisbon sits 67% above the global median, while Armenia is 41% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.73 €13.42

$4.09 COP 14.6K

284.60%

Three-Course Dinner for Two, Mid-Range

$63.2 €53.9

$17.17 COP 61.5K

267.85%

Fast Food Meal (McDonalds, etc)

$10.32 €8.80

$7.43 COP 26.6K

38.90%

Cappuccino

$2.81 €2.40

$1.36 COP 4,878

106.62%

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

$2.33 €1.99

$0.87 COP 3,130

167.82%

Water (0.33 liter bottle)

$1.51 €1.29

$0.56 COP 2,015

169.64%

Local Beer (0.5 liter draught)

$3.37 €2.87

$1.24 COP 4,449

171.77%

Imported Beer (0.33 liter bottle)

$3.91 €3.34

$1.74 COP 6,242

124.71%

Milk (1 liter)

$1.08 €0.92

$1.10 COP 3,938

-1.82%

White Bread (500g)

$1.75 €1.49

$1.29 COP 4,632

35.66%

Rice (white) (1kg)

$1.75 €1.50

$1.19 COP 4,264

47.06%

Eggs

$3.10 €2.64

$1.99 COP 7,126

55.78%

Local Cheese (1kg)

$13.28 €11.33

$2.49 COP 8,917

433.33%

Chicken Fillets (1kg)

$7.85 €6.70

$5.81 COP 20.8K

35.11%

Beef Round Steak (1kg)

$16.05 €13.69

$6.36 COP 22.8K

152.36%

Apples (1kg)

$2.39 €2.04

$2.35 COP 8,399

1.70%

Banana (1kg)

$1.72 €1.47

$1.11 COP 3,972

54.95%

Oranges (1kg)

$1.97 €1.68

$1.52 COP 5,449

29.61%

Tomato (1kg)

$2.55 €2.17

$1.43 COP 5,107

78.32%

Potato (1kg)

$1.79 €1.53

$1.13 COP 4,032

58.41%

Onion (1kg)

$1.97 €1.68

$1.17 COP 4,205

68.38%

Lettuce (1 head)

$1.96 €1.67

$0.85 COP 3,025

130.59%

Water (1.5 liter bottle)

$0.84 €0.71

$0.49 COP 1,756

71.43%

Cigarettes 20 Pack (Marlboro, Camel)

$6.82 €5.82

$2.32 COP 8,292

193.97%

Wine (Bottle)

$5.85 €4.99

$8.36 COP 29.9K

-30.02%

Local Beer (0.5 liter bottle)

$1.38 €1.18

$1.15 COP 4,122

20.00%

Imported Beer (0.33 liter bottle)

$2.92 €2.49

$2.49 COP 8,908

17.27%

One-way Ticket (Public Transport)

$2.29 €1.95

$0.66 COP 2,366

246.97%

Public Transport Monthly Pass (Regular Price)

$46.88 €39.99

Taxi Start (Normal Tariff)

$4.12 €3.51

$0.58 COP 2,080

610.34%

Taxi (Normal Tariff) (1km)

$0.81 €0.69

$1.92 COP 6,863

-57.81%

Taxi 1hour Waiting (Normal Tariff)

$18.94 €16.16

$7.79 COP 27.9K

143.13%

Gasoline (1 liter)

$2.09 €1.78

$0.92 COP 3,310

127.17%

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

$35.1K €30.0K

$17.9K COP 64.0M

96.45%

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

$39.7K €33.9K

$26.8K COP 96.0M

48.12%

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

$150 €128

$82.6 COP 295.6K

81.04%

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

$20.49 €17.48

$9.11 COP 32.6K

124.92%

Internet (50+ Mbps, Unlimited Data)

$39.15 €33.40

$15.68 COP 56.1K

149.68%

Gym Membership (Monthly)

$49.65 €42.35

$23.73 COP 84.9K

109.23%

Tennis Court (1 Hour on Weekend)

$18.47 €15.76

Cinema Ticket

$9.20 €7.84

$3.90 COP 14.0K

135.90%

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

$624 €533

$221 COP 789.6K

183.06%

International Primary School, 1 Child (Yearly)

$15.9K €13.6K

$6,037 COP 21.6M

163.49%

Jeans (Levis 501 Or Similar)

$102 €87.2

$60.1 COP 215.1K

70.03%

Summer Dress (H&M, Zara, etc)

$40.88 €34.87

$32.11 COP 114.9K

27.31%

Sport Shoes (Adidas, Nike)

$95.7 €81.6

$102 COP 364.3K

-6.00%

Men's Leather Business Shoes

$121 €103

$107 COP 383.7K

12.95%

1-bedroom Apartment, City Center (Monthly)

$1,653 €1,410

$285 COP 1.0M

479.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,233 €1,051

$242 COP 866.5K

409.10%

3-bedroom Apartment, City Center (Monthly)

$3,043 €2,596

$527 COP 1.9M

477.68%

3-bedroom Apartment, Outside City Center (Monthly)

$2,059 €1,756

$591 COP 2.1M

248.27%

Buy Apartment in City Center (m2)

$7,879 €6,720

Buy Apartment Outside City Center (m2)

$4,303 €3,671

$1,596 COP 5.7M

169.63%

Average Monthly Net Salary (After Tax)

$1,566 €1,336

$464 COP 1.7M

237.52%

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: April 21, 2026

Last update for Armenia: April 22, 2026

Cost Breakdown

A central one-bedroom costs $1,653 in Lisbon versus $285 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 238% 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 in Lisbon versus $17 in Armenia. Monthly groceries follow the same trend: $270 vs $166 – 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 185% 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 $3,365 per month in Lisbon and $1,182 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 $2,243 in Lisbon and $788 in Armenia. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $624 per month in Lisbon and $221 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 $788, than in Lisbon at $2,243. 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 $788 versus $2,243 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.