Cost of Living Comparison Between Lisbon and Drangsnes Cost of Living Comparison Between Lisbon and Drangsnes

🙂 Solo nomad: Lisbon is 48.1% cheaper than Drangsnes without rent, and 40.7% more expensive with rent.

🙂 Family of 3: Lisbon is 38% cheaper than Drangsnes without rent, and 7.6% more expensive with rent.

Meal at Budget Restaurant

$16.17 €13.94

$27.39 ISK 3,451

-40.96%

Three-Course Dinner for Two, Mid-Range

$63.5 €54.7

$144 ISK 18.1K

-55.94%

Fast Food Meal (McDonalds, etc)

$10.40 €8.96

$22.70 ISK 2,859

-54.19%

Cappuccino

$2.77 €2.38

$5.93 ISK 747

-53.29%

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

$2.32 €2.00

$3.30 ISK 415

-29.70%

Water (0.33 liter bottle)

$1.54 €1.33

$2.54 ISK 320

-39.37%

Local Beer (0.5 liter draught)

$3.55 €3.06

$12.88 ISK 1,623

-72.44%

Imported Beer (0.33 liter bottle)

$3.90 €3.36

$11.16 ISK 1,406

-65.05%

Milk (1 liter)

$1.13 €0.98

$1.89 ISK 239

-40.21%

White Bread (500g)

$1.83 €1.58

$4.23 ISK 533

-56.74%

Rice (white) (1kg)

$1.77 €1.53

$3.74 ISK 471

-52.67%

Eggs

$3.13 €2.70

$6.24 ISK 786

-49.84%

Local Cheese (1kg)

$13.19 €11.37

$18.36 ISK 2,312

-28.16%

Chicken Fillets (1kg)

$7.80 €6.73

$23.65 ISK 2,979

-67.02%

Beef Round Steak (1kg)

$15.93 €13.73

$42.48 ISK 5,352

-62.50%

Apples (1kg)

$2.27 €1.96

$3.32 ISK 419

-31.63%

Banana (1kg)

$1.72 €1.48

$2.53 ISK 319

-32.02%

Oranges (1kg)

$1.98 €1.71

$3.09 ISK 390

-35.92%

Tomato (1kg)

$2.44 €2.10

$4.98 ISK 627

-51.00%

Potato (1kg)

$1.80 €1.55

$3.54 ISK 446

-49.15%

Onion (1kg)

$2.05 €1.77

$2.44 ISK 307

-15.98%

Lettuce (1 head)

$1.91 €1.65

$3.17 ISK 399

-39.75%

Water (1.5 liter bottle)

$0.78 €0.68

$1.91 ISK 241

-59.16%

Cigarettes 20 Pack (Marlboro, Camel)

$6.65 €5.73

$13.42 ISK 1,691

-50.45%

Wine (Bottle)

$5.67 €4.89

$24.23 ISK 3,052

-76.60%

Local Beer (0.5 liter bottle)

$1.33 €1.15

$3.55 ISK 448

-62.54%

Imported Beer (0.33 liter bottle)

$3.00 €2.59

$3.23 ISK 407

-7.12%

One-way Ticket (Public Transport)

$2.34 €2.02

Public Transport Monthly Pass (Regular Price)

$46.03 €39.68

Taxi Start (Normal Tariff)

$4.25 €3.67

$6.25 ISK 788

-32.00%

Taxi (Normal Tariff) (1km)

$0.80 €0.69

$2.52 ISK 317

-68.25%

Taxi 1hour Waiting (Normal Tariff)

$18.60 €16.03

$85.2 ISK 10.7K

-78.18%

Gasoline (1 liter)

$2.07 €1.78

$2.54 ISK 320

-18.50%

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

$34.2K €29.5K

$47.5K ISK 6.0M

-28.01%

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

$39.0K €33.6K

$52.2K ISK 6.6M

-25.29%

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

$147 €127

$88.1 ISK 11.1K

66.76%

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

$20.52 €17.69

$27.75 ISK 3,496

-26.05%

Internet (50+ Mbps, Unlimited Data)

$40.18 €34.64

$85.1 ISK 10.7K

-52.80%

Gym Membership (Monthly)

$49.53 €42.70

Tennis Court (1 Hour on Weekend)

$18.68 €16.10

Cinema Ticket

$9.10 €7.85

$17.38 ISK 2,189

-47.64%

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

$613 €529

$328 ISK 41.3K

87.21%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

$30.4K ISK 3.8M

-46.16%

Jeans (Levis 501 Or Similar)

$102 €88.2

$142 ISK 17.8K

-27.73%

Summer Dress (H&M, Zara, etc)

$40.77 €35.14

$62.6 ISK 7,887

-34.88%

Sport Shoes (Adidas, Nike)

$94.6 €81.6

$183 ISK 23.0K

-48.17%

Men's Leather Business Shoes

$119 €102

$264 ISK 33.2K

-55.06%

1-bedroom Apartment, City Center (Monthly)

$1,625 €1,401

1-bedroom Apartment, Outside City Center (Monthly)

$1,253 €1,080

3-bedroom Apartment, City Center (Monthly)

$3,126 €2,695

3-bedroom Apartment, Outside City Center (Monthly)

$2,042 €1,760

Buy Apartment in City Center (m2)

$7,814 €6,735

Buy Apartment Outside City Center (m2)

$4,389 €3,783

Average Monthly Net Salary (After Tax)

$1,516 €1,307

$5,980 ISK 753.3K

-74.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

9.63

-60.44%

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

Last update for Lisbon: January 11, 2026

Last update for Drangsnes: January 11, 2026

City Median Internet Speeds Comparison (Updated December 2025)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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