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

🙂 Solo nomad: Lisbon is 37.3% cheaper than Drangsnes without rent, and 40.9% more expensive with rent.

🙂 Family of 3: Lisbon is 49.7% cheaper than Drangsnes without rent, and 7.6% more expensive with rent.

Meal at Budget Restaurant

$15.82 €13.43

$26.70 ISK 3,264

-40.75%

Three-Course Dinner for Two, Mid-Range

$64.4 €54.7

$146 ISK 17.8K

-55.79%

Fast Food Meal (McDonalds, etc)

$10.37 €8.80

$22.71 ISK 2,776

-54.34%

Cappuccino

$2.89 €2.46

$5.99 ISK 732

-51.75%

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

$2.23 €1.90

$3.25 ISK 397

-31.38%

Water (0.33 liter bottle)

$1.55 €1.31

$2.60 ISK 318

-40.38%

Local Beer (0.5 liter draught)

$3.38 €2.87

$13.11 ISK 1,602

-74.22%

Imported Beer (0.33 liter bottle)

$3.90 €3.31

$11.19 ISK 1,368

-65.15%

Milk (1 liter)

$1.12 €0.95

$1.93 ISK 236

-41.97%

White Bread (500g)

$1.80 €1.53

$4.30 ISK 525

-58.14%

Rice (white) (1kg)

$1.75 €1.48

$3.58 ISK 438

-51.12%

Eggs

$3.17 €2.69

$6.31 ISK 772

-49.76%

Local Cheese (1kg)

$13.50 €11.46

$17.97 ISK 2,197

-24.87%

Chicken Fillets (1kg)

$7.79 €6.61

$23.96 ISK 2,929

-67.49%

Beef Round Steak (1kg)

$15.65 €13.29

$42.90 ISK 5,244

-63.52%

Apples (1kg)

$2.28 €1.94

$3.23 ISK 395

-29.41%

Banana (1kg)

$1.71 €1.46

$2.51 ISK 307

-31.87%

Oranges (1kg)

$1.93 €1.64

$3.10 ISK 379

-37.74%

Tomato (1kg)

$2.52 €2.14

$4.96 ISK 607

-49.19%

Potato (1kg)

$1.79 €1.52

$3.64 ISK 444

-50.82%

Onion (1kg)

$2.05 €1.74

$2.36 ISK 289

-13.14%

Lettuce (1 head)

$1.94 €1.64

$3.06 ISK 374

-36.60%

Water (1.5 liter bottle)

$0.81 €0.69

$1.92 ISK 235

-57.81%

Cigarettes 20 Pack (Marlboro, Camel)

$6.65 €5.65

$13.44 ISK 1,643

-50.52%

Wine (Bottle)

$5.79 €4.91

$22.98 ISK 2,809

-74.80%

Local Beer (0.5 liter bottle)

$1.33 €1.13

$3.74 ISK 457

-64.44%

Imported Beer (0.33 liter bottle)

$2.91 €2.47

$3.31 ISK 405

-12.08%

One-way Ticket (Public Transport)

$2.35 €1.99

Public Transport Monthly Pass (Regular Price)

$45.70 €38.80

Taxi Start (Normal Tariff)

$4.20 €3.57

$6.27 ISK 766

-33.01%

Taxi (Normal Tariff) (1km)

$0.81 €0.69

$2.61 ISK 319

-68.97%

Taxi 1hour Waiting (Normal Tariff)

$18.70 €15.88

$87.3 ISK 10.7K

-78.59%

Gasoline (1 liter)

$2.09 €1.78

$2.52 ISK 308

-17.06%

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

$34.6K €29.4K

$47.7K ISK 5.8M

-27.42%

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

$39.7K €33.7K

$52.2K ISK 6.4M

-23.99%

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

$146 €124

$88.4 ISK 10.8K

65.06%

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

$20.84 €17.69

$27.06 ISK 3,308

-22.99%

Internet (50+ Mbps, Unlimited Data)

$39.78 €33.77

$83.7 ISK 10.2K

-52.46%

Gym Membership (Monthly)

$48.58 €41.25

Tennis Court (1 Hour on Weekend)

$18.85 €16.00

Cinema Ticket

$9.07 €7.70

$17.78 ISK 2,173

-48.99%

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

$618 €525

$327 ISK 40.0K

88.99%

International Primary School, 1 Child (Yearly)

$16.2K €13.7K

$29.9K ISK 3.7M

-45.99%

Jeans (Levis 501 Or Similar)

$105 €88.8

$140 ISK 17.1K

-25.25%

Summer Dress (H&M, Zara, etc)

$40.54 €34.42

$62.6 ISK 7,658

-35.28%

Sport Shoes (Adidas, Nike)

$93.8 €79.6

$180 ISK 22.0K

-47.96%

Men's Leather Business Shoes

$123 €104

$267 ISK 32.6K

-54.09%

1-bedroom Apartment, City Center (Monthly)

$1,604 €1,362

1-bedroom Apartment, Outside City Center (Monthly)

$1,260 €1,070

3-bedroom Apartment, City Center (Monthly)

$3,065 €2,602

3-bedroom Apartment, Outside City Center (Monthly)

$2,008 €1,705

Buy Apartment in City Center (m2)

$7,702 €6,539

Buy Apartment Outside City Center (m2)

$4,367 €3,707

Average Monthly Net Salary (After Tax)

$1,638 €1,391

$6,239 ISK 762.7K

-73.75%

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: April 13, 2026

Last update for Drangsnes: April 12, 2026

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 other spots: cost of living compared

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