Cost of Living Comparison Between Lisbon and Fairbanks, AK Cost of Living Comparison Between Lisbon and Fairbanks, AK

Monthly Cost of Living

A single person spends $2,316 per month in Lisbon vs $3,011 in Fairbanks, AK, rent included.

A couple spends around $3,361 per month in Lisbon vs $4,383 in Fairbanks, AK, rent included.

A family of three spends $4,405 per month in Lisbon vs $5,756 in Fairbanks, AK, rent included.

Lisbon is about 23% cheaper than Fairbanks, AK, driven mainly by Groceries & Markets.

Both Lisbon and Fairbanks, AK sit above the global median – Lisbon by 69%, Fairbanks, AK by 119%.

Meal at Budget Restaurant

$17.30 €14.89

$25.10 $25.10

-31.08%

Three-Course Dinner for Two, Mid-Range

$63.3 €54.4

$100 $100

-37.01%

Fast Food Meal (McDonalds, etc)

$11.39 €9.80

$15.22 $15.22

-25.16%

Cappuccino

$3.19 €2.75

$6.22 $6.22

-48.71%

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

$2.45 €2.10

$2.78 $2.78

-11.87%

Water (0.33 liter bottle)

$1.76 €1.52

$1.96 $1.96

-10.20%

Local Beer (0.5 liter draught)

$3.59 €3.09

$7.09 $7.09

-49.37%

Imported Beer (0.33 liter bottle)

$3.39 €2.92

$10.14 $10.14

-66.57%

Milk (1 liter)

$1.24 €1.06

$1.16 $1.16

6.90%

White Bread (500g)

$1.98 €1.71

$5.43 $5.43

-63.54%

Rice (white) (1kg)

$1.52 €1.31

$4.86 $4.86

-68.72%

Eggs

$4.04 €3.48

$4.27 $4.27

-5.39%

Local Cheese (1kg)

$13.54 €11.65

$22.35 $22.35

-39.42%

Chicken Fillets (1kg)

$8.39 €7.22

$9.00 $9.00

-6.78%

Beef Round Steak (1kg)

$18.25 €15.70

$20.60 $20.60

-11.41%

Apples (1kg)

$2.29 €1.97

$7.68 $7.68

-70.18%

Banana (1kg)

$1.74 €1.50

$2.06 $2.06

-15.53%

Oranges (1kg)

$1.86 €1.60

$5.92 $5.92

-68.58%

Tomato (1kg)

$2.63 €2.26

$6.47 $6.47

-59.35%

Potato (1kg)

$1.92 €1.65

$3.65 $3.65

-47.40%

Onion (1kg)

$2.09 €1.80

$3.61 $3.61

-42.11%

Lettuce (1 head)

$1.44 €1.24

$2.88 $2.88

-50.00%

Water (1.5 liter bottle)

$0.84 €0.72

$2.03 $2.03

-58.62%

Cigarettes 20 Pack (Marlboro, Camel)

$6.78 €5.83

$11.91 $11.91

-43.07%

Wine (Bottle)

$5.71 €4.91

$11.99 $11.99

-52.38%

Local Beer (0.5 liter bottle)

$1.38 €1.18

$1.71 $1.71

-19.30%

Imported Beer (0.33 liter bottle)

$2.22 €1.91

One-way Ticket (Public Transport)

$2.40 €2.06

$1.48 $1.48

62.16%

Public Transport Monthly Pass (Regular Price)

$46.78 €40.25

$39.60 $39.60

18.13%

Taxi Start (Normal Tariff)

$4.17 €3.59

$3.57 $3.57

16.81%

Taxi (Normal Tariff) (1km)

$1.14 €0.98

$2.13 $2.13

-46.48%

Taxi 1hour Waiting (Normal Tariff)

$17.68 €15.21

$44.14 $44.14

-59.95%

Gasoline (1 liter)

$2.32 €2.00

$1.27 $1.27

82.68%

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

$35.3K €30.4K

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

$41.4K €35.7K

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

$170 €147

$208 $208

-18.29%

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

$19.34 €16.64

$61.3 $61.3

-68.44%

Internet (50+ Mbps, Unlimited Data)

$33.64 €28.95

$142 $142

-76.37%

Gym Membership (Monthly)

$48.10 €41.39

$98.7 $98.7

-51.26%

Tennis Court (1 Hour on Weekend)

$19.90 €17.12

Cinema Ticket

$9.92 €8.54

$18.17 $18.17

-45.40%

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

$717 €617

$1,821 $1,821

-60.61%

International Primary School, 1 Child (Yearly)

$17.5K €15.0K

Jeans (Levis 501 Or Similar)

$105 €90.2

$60.8 $60.8

72.36%

Summer Dress (H&M, Zara, etc)

$46.95 €40.40

$39.70 $39.70

18.26%

Sport Shoes (Adidas, Nike)

$103 €89.0

$119 $119

-12.84%

Men's Leather Business Shoes

$124 €107

$121 $121

2.51%

1-bedroom Apartment, City Center (Monthly)

$1,677 €1,443

$1,569 $1,569

6.84%

1-bedroom Apartment, Outside City Center (Monthly)

$1,271 €1,094

$1,397 $1,397

-9.04%

3-bedroom Apartment, City Center (Monthly)

$2,985 €2,568

$2,620 $2,620

13.94%

3-bedroom Apartment, Outside City Center (Monthly)

$1,992 €1,715

$2,191 $2,191

-9.07%

Buy Apartment in City Center (m2)

$7,826 €6,734

$2,003 $2,003

290.66%

Buy Apartment Outside City Center (m2)

$4,658 €4,008

$2,019 $2,019

130.72%

Average Monthly Net Salary (After Tax)

$1,583 €1,362

$3,932 $3,932

-59.74%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

6.27

-39.55%

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

Last update for Lisbon: August 30, 2026

Last update for Fairbanks, AK: August 30, 2026

Cost Breakdown

A central one-bedroom costs $1,677 in Lisbon versus $1,569 in Fairbanks, AK. 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 148% higher in Fairbanks, AK, 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 $63.0 in Lisbon versus $100 in Fairbanks, AK. Monthly groceries follow the same trend: $283 vs $470 – making Lisbon 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 Fairbanks, AK: Cost of Living - Frequently Asked Questions

Yes – Fairbanks, AK is pricier by about 30%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,474 per month in Lisbon and $4,516 in Fairbanks, AK. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lisbon, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Groceries cost about 66% more in Fairbanks, AK, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A mid-range dinner for two costs $63.0 in Lisbon and $100 in Fairbanks, AK. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

$3,000 is a stretch for both – monthly costs hit $2,316 in Lisbon and $3,011 in Fairbanks, AK. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Lisbon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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 Lisbon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Fairbanks, AK makes more sense. Both are solid long-term options with distinct trade-offs.