Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Fairbanks, AK

For one person, living is cheaper in Lisbon: $2,202 a month against $3,000 in Fairbanks, AK, rent and utilities included – about $9,600 less a year. Other living expenses account for most of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
145

Cost of Living Index in Fairbanks, AK
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Fairbanks, AK Living Index

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Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Fairbanks, AK

🇺🇸 United States

$3,000

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Fairbanks, AK

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

A single person spends $2,202 per month in Lisbon vs $3,000 in Fairbanks, AK, rent included.

Lisbon $2,202
Fairbanks, AK $3,000

A couple spends around $3,274 per month in Lisbon vs $4,408 in Fairbanks, AK, rent included.

Lisbon $3,274
Fairbanks, AK $4,408

A family of three spends $4,346 per month in Lisbon vs $5,816 in Fairbanks, AK, rent included.

Lisbon $4,346
Fairbanks, AK $5,816

Lisbon is about 27% cheaper than Fairbanks, AK, and outside of rent the biggest gap is in groceries.

Both Lisbon and Fairbanks, AK sit above the global median – Lisbon by 62%, Fairbanks, AK by 121%.

Meal at Budget Restaurant

$17.04 €15.15

$25.10 $25.10

-32.11%

Three-Course Dinner for Two, Mid-Range

$62.3 €55.4

$99.1 $99.1

-37.17%

Fast Food Meal (McDonalds, etc)

$11.02 €9.80

$15.27 $15.27

-27.83%

Cappuccino

$3.12 €2.78

$6.07 $6.07

-48.60%

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

$2.27 €2.02

$2.68 $2.68

-15.30%

Water (0.33 liter bottle)

$1.74 €1.55

$2.04 $2.04

-14.71%

Local Beer (0.5 liter draught)

$3.42 €3.04

$6.83 $6.83

-49.93%

Imported Beer (0.33 liter bottle)

$3.74 €3.33

$10.07 $10.07

-62.86%

Milk (1 liter)

$1.17 €1.04

$1.13 $1.13

3.54%

White Bread (500g)

$1.86 €1.66

$5.38 $5.38

-65.43%

Rice (white) (1kg)

$1.54 €1.37

$4.78 $4.78

-67.78%

Eggs

$4.06 €3.61

$4.36 $4.36

-6.88%

Local Cheese (1kg)

$12.91 €11.49

$21.93 $21.93

-41.13%

Chicken Fillets (1kg)

$7.90 €7.03

$8.66 $8.66

-8.78%

Beef Round Steak (1kg)

$17.64 €15.69

$20.87 $20.87

-15.48%

Apples (1kg)

$2.26 €2.01

$7.54 $7.54

-70.03%

Banana (1kg)

$1.75 €1.55

$2.17 $2.17

-19.35%

Oranges (1kg)

$1.89 €1.68

$6.03 $6.03

-68.66%

Tomato (1kg)

$2.56 €2.27

$6.24 $6.24

-58.97%

Potato (1kg)

$1.85 €1.64

$3.57 $3.57

-48.18%

Onion (1kg)

$1.97 €1.75

$3.69 $3.69

-46.61%

Lettuce (1 head)

$1.45 €1.29

$2.78 $2.78

-47.84%

Water (1.5 liter bottle)

$0.77 €0.69

$2.02 $2.02

-61.88%

Cigarettes 20 Pack (Marlboro, Camel)

$6.71 €5.97

$12.10 $12.10

-44.55%

Wine (Bottle)

$5.67 €5.04

$12.20 $12.20

-53.52%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$1.77 $1.77

-22.60%

Imported Beer (0.33 liter bottle)

$2.11 €1.88

One-way Ticket (Public Transport)

$2.32 €2.07

$1.52 $1.52

52.63%

Public Transport Monthly Pass (Regular Price)

$44.43 €39.52

$40.60 $40.60

9.43%

Taxi Start (Normal Tariff)

$3.95 €3.51

$3.60 $3.60

9.72%

Taxi (Normal Tariff) (1km)

$1.05 €0.93

$2.16 $2.16

-51.39%

Taxi 1hour Waiting (Normal Tariff)

$17.15 €15.26

$44.97 $44.97

-61.86%

Gasoline (1 liter)

$2.19 €1.95

$1.28 $1.28

71.09%

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

$33.8K €30.0K

$25.9K $25.9K

30.19%

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

$38.3K €34.0K

$24.7K $24.7K

54.85%

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

$164 €146

$212 $212

-22.84%

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

$18.48 €16.43

$61.3 $61.3

-69.84%

Internet (50+ Mbps, Unlimited Data)

$32.96 €29.32

$139 $139

-76.36%

Gym Membership (Monthly)

$45.87 €40.80

$98.0 $98.0

-53.20%

Tennis Court (1 Hour on Weekend)

$18.68 €16.61

Cinema Ticket

$9.75 €8.67

$18.10 $18.10

-46.13%

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

$684 €608

$1,845 $1,845

-62.92%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

Jeans (Levis 501 Or Similar)

$104 €92.3

$59.4 $59.4

74.59%

Summer Dress (H&M, Zara, etc)

$46.20 €41.09

$39.78 $39.78

16.14%

Sport Shoes (Adidas, Nike)

$99.7 €88.7

$120 $120

-17.04%

Men's Leather Business Shoes

$125 €111

$119 $119

4.76%

1-bedroom Apartment, City Center (Monthly)

$1,589 €1,414

$1,612 $1,612

-1.41%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 €1,040

$1,381 $1,381

-15.33%

3-bedroom Apartment, City Center (Monthly)

$2,851 €2,536

$2,580 $2,580

10.49%

3-bedroom Apartment, Outside City Center (Monthly)

$1,993 €1,773

$2,230 $2,230

-10.63%

Buy Apartment in City Center (m2)

$7,793 €6,932

$2,244 $2,244

247.31%

Buy Apartment Outside City Center (m2)

$4,418 €3,930

$2,000 $2,000

120.92%

Average Monthly Net Salary (After Tax)

$1,600 €1,423

$3,941 $3,941

-59.41%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

6.71

-42.62%

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

Last update for Lisbon: October 19, 2026

Last update for Fairbanks, AK: October 20, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.1%

Fairbanks, AK

$1.4K 46% 18.1% $212

Groceries & Markets

Lisbon

$273 12.4%

Fairbanks, AK

$466 * 15.5% 70.7% $193

Eating Out

Lisbon

$247 11.2%

Fairbanks, AK

$393 13.1% 58.6% $145

Monthly Utilities & Internet

Lisbon

$215 9.8%

Fairbanks, AK

$413 13.8% 91.9% $198

Clothing & Footwear

Lisbon

$168 7.7%

Fairbanks, AK

$152 5.1% 9.6% $16

Sport & Entertainment

Lisbon

$65 3%

Fairbanks, AK

$134 4.5% 105% $69

Getting Around

Lisbon

$63 2.9%

Fairbanks, AK

$61 2% 2.9% $1.9

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 $1,612 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 146% 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 $62.0 in Lisbon versus $99.0 in Fairbanks, AK. Monthly groceries follow the same trend: $273 vs $466 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇵🇹 Lisbon

🇺🇸 Fairbanks, AK

🕒 Local time

16:39 4:39 PM

07:39 7:39 AM

9 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

32,515

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.12 USD

1 USD = 0.89 EUR

Exchange rates and currency converter

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Lisbon Fairbanks, AK 7,950 km ≈ 10 h nonstop flight

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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 36%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,302 per month in Lisbon and $4,500 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 71% 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 $62.0 in Lisbon and $99.0 in Fairbanks, AK. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

A $3,000 monthly budget goes further in Lisbon, where all-in costs run around $2,202, than in Fairbanks, AK at $3,000. In Lisbon it covers expenses comfortably, while in Fairbanks, AK it requires careful planning or may not stretch far enough.

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.