Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Coronado

For one person, living is cheaper in Coronado: $1,342 a month against $2,210 in Lisbon, rent and utilities included – about $10,400 less a year. Rent and utilities account for most of the difference.

107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

Jump to prices

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Coronado

🇵🇦 Panama

$1,342

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Coronado

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $1,342 in Coronado.

Lisbon $2,210
Coronado $1,342

Estimated couple costs with rent: $3,275 in Lisbon versus $2,171 in Coronado.

Lisbon $3,275
Coronado $2,171

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $2,999 in Coronado.

Lisbon $4,341
Coronado $2,999

Living in Lisbon is roughly 65% more expensive than in Coronado, and outside of rent the biggest gap is in clothing.

Meal at Budget Restaurant

$16.65 €14.92

$11.95 PAB 11.95

39.33%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.3

$54.9 PAB 54.9

12.44%

Fast Food Meal (McDonalds, etc)

$11.36 €10.18

$8.98 PAB 8.98

26.50%

Cappuccino

$2.97 €2.66

$3.83 PAB 3.83

-22.45%

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

$2.29 €2.05

$1.22 PAB 1.22

87.70%

Water (0.33 liter bottle)

$1.74 €1.56

$0.91 PAB 0.91

91.21%

Local Beer (0.5 liter draught)

$3.40 €3.05

$1.03 PAB 1.03

230.10%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$2.48 PAB 2.48

33.47%

Milk (1 liter)

$1.16 €1.04

$1.88 PAB 1.88

-38.30%

White Bread (500g)

$1.91 €1.71

$1.53 PAB 1.53

24.84%

Rice (white) (1kg)

$1.51 €1.36

Eggs

$4.02 €3.60

$2.31 PAB 2.31

74.03%

Local Cheese (1kg)

$12.94 €11.59

$11.93 PAB 11.93

8.47%

Chicken Fillets (1kg)

$7.77 €6.97

$6.84 PAB 6.84

13.60%

Beef Round Steak (1kg)

$17.76 €15.92

$9.00 PAB 9.00

97.33%

Apples (1kg)

$2.30 €2.06

Banana (1kg)

$1.73 €1.55

$0.89 PAB 0.89

94.38%

Oranges (1kg)

$1.86 €1.66

$2.94 PAB 2.94

-36.73%

Tomato (1kg)

$2.59 €2.32

$2.97 PAB 2.97

-12.79%

Potato (1kg)

$1.82 €1.63

$1.85 PAB 1.85

-1.62%

Onion (1kg)

$1.97 €1.76

$1.89 PAB 1.89

4.23%

Lettuce (1 head)

$1.47 €1.32

$2.56 PAB 2.56

-42.58%

Water (1.5 liter bottle)

$0.72 €0.65

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.90

Wine (Bottle)

$5.61 €5.02

$8.31 PAB 8.31

-32.49%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$0.69 PAB 0.69

97.10%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$0.75 PAB 0.75

185.33%

One-way Ticket (Public Transport)

$2.33 €2.09

$0.72 PAB 0.72

223.61%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.04

Taxi Start (Normal Tariff)

$3.85 €3.45

$1.49 PAB 1.49

158.39%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$1.52 PAB 1.52

-29.61%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.75

Gasoline (1 liter)

$2.20 €1.97

$0.91 PAB 0.91

141.76%

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

$34.2K €30.6K

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

$38.7K €34.7K

$33.5K PAB 33.5K

15.44%

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

$161 €144

$168 PAB 168

-4.01%

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

$18.41 €16.50

$20.91 PAB 20.91

-11.96%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.34

$58.0 PAB 58.0

-43.55%

Gym Membership (Monthly)

$44.55 €39.92

$60.0 PAB 60.0

-25.77%

Tennis Court (1 Hour on Weekend)

$19.10 €17.11

Cinema Ticket

$9.60 €8.60

$3.34 PAB 3.34

187.43%

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

$668 €598

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

Jeans (Levis 501 Or Similar)

$102 €91.4

$44.21 PAB 44.21

130.76%

Summer Dress (H&M, Zara, etc)

$44.46 €39.85

Sport Shoes (Adidas, Nike)

$98.5 €88.3

Men's Leather Business Shoes

$124 €111

$64.3 PAB 64.3

92.33%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,441

$762 PAB 762

111.04%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,066

$567 PAB 567

109.77%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,520

$1,234 PAB 1,234

127.91%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,804

$1,305 PAB 1,305

54.28%

Buy Apartment in City Center (m2)

$7,839 €7,025

Buy Apartment Outside City Center (m2)

$4,576 €4,100

$2,001 PAB 2,001

128.64%

Average Monthly Net Salary (After Tax)

$1,575 €1,411

$456 PAB 456

245.65%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

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

Last update for Lisbon: October 27, 2026

Last update for Coronado: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Coronado

–

Groceries & Markets

Lisbon

$272 12.3%

Coronado

–

Eating Out

Lisbon

$243 11%

Coronado

–

Monthly Utilities & Internet

Lisbon

$212 9.6%

Coronado

–

Clothing & Footwear

Lisbon

$166 7.5%

Coronado

–

Sport & Entertainment

Lisbon

$64 2.9%

Coronado

–

Getting Around

Lisbon

$63 2.9%

Coronado

–

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $762 in Coronado. Housing cost is often the main lever when comparing two cities.

Lisbon pays about 3.5 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $55 in Coronado for a mid-range dinner for two. Groceries echo the gap at $272 vs $213 per month, with Coronado cheaper across the board.

Good to know

🇵🇹 Lisbon

🇵🇦 Coronado

🕒 Local time

02:22 2:22 AM

21:22 9:22 PM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

1,444

💱 Currency

Euro EUR €

Panamanian Balboa PAB B/.

📈 Exchange rate

1 EUR = 1.12 USD

1 PAB = 1 USD

1 PAB = 0.896 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Lisbon Coronado 7,750 km ≈ 10 h nonstop flight

From you

Lisbon
Coronado

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 Coronado: Cost of Living - Frequently Asked Questions

Coronado wins on cost – living expenses run 39% lower than in Lisbon. Housing and daily spending are where you’ll feel the difference most, making Coronado the obvious pick if budget is a priority.

Average pay in Lisbon is about 3.5 times higher, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,608 in Lisbon versus $762 in Coronado. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you’ll spend $2,210 per month in Lisbon versus $1,342 in Coronado – Coronado is about 39% cheaper, which adds up to real savings over time.

Supermarket bills run roughly 28% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $1,000. Coronado is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Lisbon and Coronado are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Coronado wins on affordability, Lisbon on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.