Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Armenia

For one person, living is cheaper in Armenia: $1,171 a month against $2,202 in Lisbon, rent and utilities included – about $12,400 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
56

Cost of Living Index in Armenia
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Armenia Living Index

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Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Armenia

🇨🇴 Colombia

$1,171

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Armenia

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

A single person spends $2,202 per month in Lisbon vs $1,171 in Armenia, rent included.

Lisbon $2,202
Armenia $1,171

A couple spends around $3,274 per month in Lisbon vs $1,849 in Armenia, rent included.

Lisbon $3,274
Armenia $1,849

A family of three spends $4,346 per month in Lisbon vs $2,528 in Armenia, rent included.

Lisbon $4,346
Armenia $2,528

Lisbon costs about 88% more than Armenia, and outside of rent the biggest gap is in eating out.

Lisbon sits 62% above the global median, while Armenia is 14% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$17.04 €15.15

$6.59 COP 20.9K

158.57%

Three-Course Dinner for Two, Mid-Range

$62.3 €55.4

$31.41 COP 99.6K

98.31%

Fast Food Meal (McDonalds, etc)

$11.02 €9.80

$9.66 COP 30.6K

14.08%

Cappuccino

$3.12 €2.78

$2.24 COP 7,111

39.29%

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

$2.27 €2.02

$1.11 COP 3,524

104.50%

Water (0.33 liter bottle)

$1.74 €1.55

$0.97 COP 3,073

79.38%

Local Beer (0.5 liter draught)

$3.42 €3.04

$2.51 COP 7,955

36.25%

Imported Beer (0.33 liter bottle)

$3.74 €3.33

$1.93 COP 6,135

93.78%

Milk (1 liter)

$1.17 €1.04

$1.49 COP 4,734

-21.48%

White Bread (500g)

$1.86 €1.66

$2.49 COP 7,893

-25.30%

Rice (white) (1kg)

$1.54 €1.37

$1.74 COP 5,521

-11.49%

Eggs

$4.06 €3.61

$2.91 COP 9,216

39.52%

Local Cheese (1kg)

$12.91 €11.49

$10.02 COP 31.8K

28.84%

Chicken Fillets (1kg)

$7.90 €7.03

$9.59 COP 30.4K

-17.62%

Beef Round Steak (1kg)

$17.64 €15.69

$14.18 COP 45.0K

24.40%

Apples (1kg)

$2.26 €2.01

$4.04 COP 12.8K

-44.06%

Banana (1kg)

$1.75 €1.55

$1.51 COP 4,791

15.89%

Oranges (1kg)

$1.89 €1.68

$0.77 COP 2,443

145.45%

Tomato (1kg)

$2.56 €2.27

$2.22 COP 7,025

15.32%

Potato (1kg)

$1.85 €1.64

$1.92 COP 6,096

-3.65%

Onion (1kg)

$1.97 €1.75

$1.58 COP 5,019

24.68%

Lettuce (1 head)

$1.45 €1.29

$1.18 COP 3,756

22.88%

Water (1.5 liter bottle)

$0.77 €0.69

$1.23 COP 3,916

-37.40%

Cigarettes 20 Pack (Marlboro, Camel)

$6.71 €5.97

$3.79 COP 12.0K

77.04%

Wine (Bottle)

$5.67 €5.04

$13.67 COP 43.3K

-58.52%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$1.65 COP 5,233

-16.97%

Imported Beer (0.33 liter bottle)

$2.11 €1.88

$2.39 COP 7,570

-11.72%

One-way Ticket (Public Transport)

$2.32 €2.07

$1.01 COP 3,200

129.70%

Public Transport Monthly Pass (Regular Price)

$44.43 €39.52

Taxi Start (Normal Tariff)

$3.95 €3.51

$1.28 COP 4,053

208.59%

Taxi (Normal Tariff) (1km)

$1.05 €0.93

$2.08 COP 6,593

-49.52%

Taxi 1hour Waiting (Normal Tariff)

$17.15 €15.26

$8.52 COP 27.0K

101.29%

Gasoline (1 liter)

$2.19 €1.95

$1.28 COP 4,068

71.09%

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

$33.8K €30.0K

$34.8K COP 110.3M

-2.85%

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

$38.3K €34.0K

$34.2K COP 108.3M

12.03%

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

$164 €146

$107 COP 338.3K

53.51%

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

$18.48 €16.43

$13.34 COP 42.3K

38.53%

Internet (50+ Mbps, Unlimited Data)

$32.96 €29.32

$27.93 COP 88.5K

18.01%

Gym Membership (Monthly)

$45.87 €40.80

$18.87 COP 59.8K

143.08%

Tennis Court (1 Hour on Weekend)

$18.68 €16.61

Cinema Ticket

$9.75 €8.67

$6.42 COP 20.4K

51.87%

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

$684 €608

$803 COP 2.5M

-14.85%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$8,933 COP 28.3M

97.31%

Jeans (Levis 501 Or Similar)

$104 €92.3

$85.1 COP 269.9K

21.87%

Summer Dress (H&M, Zara, etc)

$46.20 €41.09

$59.5 COP 188.6K

-22.33%

Sport Shoes (Adidas, Nike)

$99.7 €88.7

$136 COP 432.4K

-26.87%

Men's Leather Business Shoes

$125 €111

$99.0 COP 313.8K

26.01%

1-bedroom Apartment, City Center (Monthly)

$1,589 €1,414

$578 COP 1.8M

174.98%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 €1,040

$380 COP 1.2M

207.77%

3-bedroom Apartment, City Center (Monthly)

$2,851 €2,536

$944 COP 3.0M

201.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,993 €1,773

$803 COP 2.5M

148.36%

Buy Apartment in City Center (m2)

$7,793 €6,932

Buy Apartment Outside City Center (m2)

$4,418 €3,930

Average Monthly Net Salary (After Tax)

$1,600 €1,423

$525 COP 1.7M

204.88%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

10.94

-64.81%

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

Last update for Lisbon: October 19, 2026

Last update for Armenia: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.1%

Armenia

$380 32.4% 67.5% $789

Groceries & Markets

Lisbon

$273 12.4%

Armenia

$291 24.9% 6.7% $18

Eating Out

Lisbon

$247 11.2%

Armenia

$133 11.4% 46.1% $114

Monthly Utilities & Internet

Lisbon

$215 9.8%

Armenia

$148 12.6% 31.3% $67

Clothing & Footwear

Lisbon

$168 7.7%

Armenia

$171 14.6% 1.5% $2.5

Sport & Entertainment

Lisbon

$65 3%

Armenia

$32 2.7% 51.5% $34

Getting Around

Lisbon

$63 2.9%

Armenia

$16 * 1.3% 75% $47

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

Cost Breakdown

A central one-bedroom costs $1,589 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 205% 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 $62.0 in Lisbon versus $31.00 in Armenia. Groceries tell a different story – $273 in Lisbon vs $291 in Armenia – so Lisbon wins on supermarket bills even if dining out costs more.

Good to know

🇵🇹 Lisbon

🇨🇴 Armenia

🕒 Local time

18:02 6:02 PM

12:02 12:02 PM

6 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

316,926

💱 Currency

Euro EUR €

Colombian Peso COP $

📈 Exchange rate

1 EUR = 1.12 USD

10,000 COP = 3.15 USD

10,000 COP = 2.81 EUR

Exchange rates and currency converter

COP, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 23, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

Colombian Peso exchange rates as of October 23, 2026: 1 USD = 3,171 COP (10,000 COP = 3.15 USD). 1 EUR = 3,565 COP (10,000 COP = 2.81 EUR).

USD to EUR in detail →

On the map

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Highest

Between locations

Lisbon Armenia 7,670 km ≈ 10 h nonstop flight

From you

Lisbon
Armenia

Distances are measured in a straight line. Your location is detected approximately.

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 88% more than Armenia, and outside of rent the gap comes mainly from 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 $3,302 per month in Lisbon and $1,756 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 $2,202 in Lisbon and $1,171 in Armenia. That's a gap of about 88%.

Kindergarten costs $684 per month in Lisbon and $803 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 $1,171, than in Lisbon at $2,202. 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 $1,171 versus $2,202 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.