Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Florence

For one person, living is cheaper in Lisbon: $2,223 a month against $2,416 in Florence, rent and utilities included – about $2,300 less a year. The total is higher in Florence despite lower rent and utilities.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
117

Cost of Living Index in Florence
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Florence Living Index

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Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Florence

🇮🇹 Italy

$2,416

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Florence

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

A single person spends $2,223 per month in Lisbon vs $2,416 in Florence, rent included.

Lisbon $2,223
Florence $2,416

A couple spends around $3,271 per month in Lisbon vs $3,684 in Florence, rent included.

Lisbon $3,271
Florence $3,684

A family of three spends $4,319 per month in Lisbon vs $4,952 in Florence, rent included.

Lisbon $4,319
Florence $4,952

Lisbon is about 8% cheaper than Florence, and outside of rent the biggest gap is in groceries.

Both Lisbon and Florence sit above the global median – Lisbon by 65%, Florence by 79%.

Meal at Budget Restaurant

$16.50 €14.67

$27.03 €24.04

-38.96%

Three-Course Dinner for Two, Mid-Range

$61.3 €54.5

$78.7 €70.0

-22.19%

Fast Food Meal (McDonalds, etc)

$11.27 €10.02

$14.67 €13.05

-23.18%

Cappuccino

$3.06 €2.72

$2.27 €2.02

34.80%

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

$2.26 €2.01

$3.27 €2.91

-30.89%

Water (0.33 liter bottle)

$1.73 €1.54

$1.49 €1.32

16.11%

Local Beer (0.5 liter draught)

$3.39 €3.02

$6.65 €5.91

-49.02%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$7.59 €6.75

-55.20%

Milk (1 liter)

$1.12 €1.00

$1.92 €1.71

-41.67%

White Bread (500g)

$1.86 €1.65

$2.58 €2.29

-27.91%

Rice (white) (1kg)

$1.53 €1.36

$2.82 €2.50

-45.74%

Eggs

$3.96 €3.53

$4.67 €4.15

-15.20%

Local Cheese (1kg)

$12.76 €11.35

$26.16 €23.27

-51.22%

Chicken Fillets (1kg)

$7.90 €7.02

$12.16 €10.81

-35.03%

Beef Round Steak (1kg)

$16.97 €15.09

$25.75 €22.90

-34.10%

Apples (1kg)

$2.27 €2.02

$3.01 €2.68

-24.58%

Banana (1kg)

$1.75 €1.55

$2.62 €2.33

-33.21%

Oranges (1kg)

$1.85 €1.64

$3.26 €2.90

-43.25%

Tomato (1kg)

$2.57 €2.28

$3.24 €2.88

-20.68%

Potato (1kg)

$1.86 €1.65

$2.27 €2.02

-18.06%

Onion (1kg)

$2.02 €1.80

$1.82 €1.62

10.99%

Lettuce (1 head)

$1.44 €1.28

$1.88 €1.67

-23.40%

Water (1.5 liter bottle)

$0.82 €0.73

$0.70 €0.62

17.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.56 €5.83

$7.23 €6.43

-9.27%

Wine (Bottle)

$5.62 €5.00

$7.87 €7.00

-28.59%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$2.01 €1.79

-36.32%

Imported Beer (0.33 liter bottle)

$2.07 €1.84

$3.14 €2.79

-34.08%

One-way Ticket (Public Transport)

$2.35 €2.09

$1.98 €1.76

18.69%

Public Transport Monthly Pass (Regular Price)

$44.18 €39.29

$42.68 €37.96

3.51%

Taxi Start (Normal Tariff)

$3.99 €3.55

$3.63 €3.23

9.92%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$1.19 €1.06

-8.40%

Taxi 1hour Waiting (Normal Tariff)

$16.64 €14.80

$31.18 €27.73

-46.63%

Gasoline (1 liter)

$2.28 €2.03

$2.19 €1.95

4.11%

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

$33.7K €30.0K

$35.9K €32.0K

-6.32%

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

$39.3K €34.9K

$34.6K €30.8K

13.45%

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

$167 €149

$247 €220

-32.32%

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

$18.80 €16.72

$11.81 €10.50

59.19%

Internet (50+ Mbps, Unlimited Data)

$33.09 €29.43

$33.28 €29.60

-0.57%

Gym Membership (Monthly)

$46.01 €40.92

$63.5 €56.5

-27.55%

Tennis Court (1 Hour on Weekend)

$19.19 €17.07

$21.46 €19.08

-10.58%

Cinema Ticket

$9.84 €8.75

$12.64 €11.24

-22.15%

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

$677 €602

$747 €664

-9.35%

International Primary School, 1 Child (Yearly)

$16.9K €15.0K

$16.4K €14.5K

3.44%

Jeans (Levis 501 Or Similar)

$101 €90.0

$96.1 €85.4

5.39%

Summer Dress (H&M, Zara, etc)

$45.76 €40.70

$39.37 €35.01

16.23%

Sport Shoes (Adidas, Nike)

$100.0 €88.9

$109 €96.7

-7.99%

Men's Leather Business Shoes

$123 €109

$145 €129

-15.20%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,435

$1,588 €1,412

1.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,197 €1,065

$1,034 €920

15.74%

3-bedroom Apartment, City Center (Monthly)

$2,862 €2,545

$2,779 €2,472

2.97%

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 €1,770

$1,842 €1,638

8.04%

Buy Apartment in City Center (m2)

$7,577 €6,739

$6,269 €5,575

20.87%

Buy Apartment Outside City Center (m2)

$4,307 €3,831

$3,905 €3,473

10.31%

Average Monthly Net Salary (After Tax)

$1,588 €1,412

$1,980 €1,761

-19.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

3.16

21.84%

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

Last update for Lisbon: October 11, 2026

Last update for Florence: October 13, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.9%

Florence

$1K 42.8% 13.6% $163

Groceries & Markets

Lisbon

$269 12.1%

Florence

$410 17% 52.2% $141

Eating Out

Lisbon

$242 10.9%

Florence

$355 14.7% 46.5% $113

Monthly Utilities & Internet

Lisbon

$219 9.9%

Florence

$293 12.1% 33.4% $73

Clothing & Footwear

Lisbon

$166 7.5%

Florence

$175 7.2% 5.2% $8.6

Sport & Entertainment

Lisbon

$66 3%

Florence

$89 3.7% 35.2% $23

Getting Around

Lisbon

$63 2.8%

Florence

$60 2.5% 4.5% $2.8

Cost Breakdown

A central one-bedroom costs $1,614 in Lisbon versus $1,588 in Florence. 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 25% higher in Florence, 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 $61.0 in Lisbon versus $79.0 in Florence. Monthly groceries follow the same trend: $269 vs $410 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇵🇹 Lisbon

🇮🇹 Florence

🕒 Local time

16:53 4:53 PM

17:53 5:53 PM

1 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

382,808

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Lisbon Florence 1,790 km ≈ 2 h 45 min nonstop flight

From you

Lisbon
Florence

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 Florence: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,223 in Lisbon, $2,416 in Florence – roughly 9% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $3,335 per month in Lisbon and $3,623 in Florence. 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.

Monthly expenses with rent come to $2,223 in Lisbon and $2,416 in Florence. That's a gap of about 9%.

Public transport costs about 4% less in Lisbon. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Lisbon, where all-in costs run around $2,223, than in Florence at $2,416. In Lisbon it covers expenses comfortably, while in Florence it requires careful planning or may not stretch far enough.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $2,223 in Lisbon to $2,416 in Florence. Climate, culture, job market, and personal taste all factor in.

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, Florence makes more sense. Both are solid long-term options with distinct trade-offs.