Cost of Living Comparison Between Lisbon and Hanko Cost of Living Comparison Between Lisbon and Hanko

Monthly Cost of Living

Monthly costs for one person with rent: $2,210 in Lisbon versus $1,835 in Hanko.

Estimated couple costs with rent: $3,311 in Lisbon versus $2,712 in Hanko.

Monthly costs for a family of three with rent: $4,411 in Lisbon versus $3,590 in Hanko.

Living in Lisbon is roughly 20% more expensive than Hanko, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 65% above, Hanko 37% above.

Meal at Budget Restaurant

$15.91 €13.80

$15.53 €13.47

2.45%

Three-Course Dinner for Two, Mid-Range

$64.8 €56.2

$68.5 €59.5

-5.49%

Fast Food Meal (McDonalds, etc)

$10.51 €9.12

$13.81 €11.98

-23.90%

Cappuccino

$2.87 €2.49

$4.15 €3.60

-30.84%

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

$2.24 €1.95

$1.89 €1.64

18.52%

Water (0.33 liter bottle)

$1.50 €1.30

$1.57 €1.36

-4.46%

Local Beer (0.5 liter draught)

$3.49 €3.03

$6.98 €6.05

-50.00%

Imported Beer (0.33 liter bottle)

$3.88 €3.37

$7.92 €6.87

-51.01%

Milk (1 liter)

$1.14 €0.99

$1.26 €1.09

-9.52%

White Bread (500g)

$1.75 €1.52

$1.77 €1.53

-1.13%

Rice (white) (1kg)

$1.76 €1.52

$2.25 €1.95

-21.78%

Eggs

$3.22 €2.79

$3.45 €2.99

-6.67%

Local Cheese (1kg)

$13.49 €11.70

$3.54 €3.07

281.07%

Chicken Fillets (1kg)

$7.91 €6.87

$4.54 €3.94

74.23%

Beef Round Steak (1kg)

$15.87 €13.77

$5.71 €4.95

177.93%

Apples (1kg)

$2.31 €2.00

$1.12 €0.97

106.25%

Banana (1kg)

$1.70 €1.48

$0.90 €0.78

88.89%

Oranges (1kg)

$2.01 €1.74

$2.51 €2.18

-19.92%

Tomato (1kg)

$2.46 €2.13

$4.32 €3.75

-43.06%

Potato (1kg)

$1.84 €1.60

$1.30 €1.13

41.54%

Onion (1kg)

$2.00 €1.74

$1.92 €1.67

4.17%

Lettuce (1 head)

$1.93 €1.67

$1.77 €1.54

9.04%

Water (1.5 liter bottle)

$0.79 €0.68

$1.76 €1.53

-55.11%

Cigarettes 20 Pack (Marlboro, Camel)

$6.61 €5.73

$12.90 €11.19

-48.76%

Wine (Bottle)

$5.72 €4.97

$16.75 €14.53

-65.85%

Local Beer (0.5 liter bottle)

$1.37 €1.18

$3.27 €2.84

-58.10%

Imported Beer (0.33 liter bottle)

$2.97 €2.58

$3.67 €3.19

-19.07%

One-way Ticket (Public Transport)

$2.37 €2.06

$3.57 €3.09

-33.61%

Public Transport Monthly Pass (Regular Price)

$45.56 €39.52

$67.7 €58.7

-32.71%

Taxi Start (Normal Tariff)

$4.29 €3.72

$9.12 €7.91

-52.96%

Taxi (Normal Tariff) (1km)

$0.82 €0.71

$1.22 €1.06

-32.79%

Taxi 1hour Waiting (Normal Tariff)

$18.30 €15.88

$96.1 €83.4

-80.95%

Gasoline (1 liter)

$2.06 €1.79

$2.18 €1.89

-5.50%

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

$34.3K €29.7K

$35.2K €30.6K

-2.70%

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

$39.3K €34.1K

$38.9K €33.7K

1.09%

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

$148 €128

$237 €205

-37.48%

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

$20.52 €17.80

$30.27 €26.26

-32.21%

Internet (50+ Mbps, Unlimited Data)

$39.61 €34.37

$23.53 €20.41

68.34%

Gym Membership (Monthly)

$47.85 €41.51

$43.73 €37.94

9.42%

Tennis Court (1 Hour on Weekend)

$18.92 €16.42

$24.39 €21.16

-22.43%

Cinema Ticket

$9.18 €7.97

$17.14 €14.87

-46.44%

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

$614 €533

$357 €310

71.82%

International Primary School, 1 Child (Yearly)

$16.0K €13.9K

$7,916 €6,867

102.74%

Jeans (Levis 501 Or Similar)

$105 €90.8

$88.8 €77.0

17.86%

Summer Dress (H&M, Zara, etc)

$42.06 €36.49

$43.98 €38.16

-4.37%

Sport Shoes (Adidas, Nike)

$94.0 €81.5

$92.7 €80.4

1.38%

Men's Leather Business Shoes

$120 €104

$161 €139

-25.56%

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,412

$757 €657

115.05%

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,089

$639 €555

96.37%

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,629

$1,307 €1,134

131.88%

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,753

$1,032 €895

95.76%

Buy Apartment in City Center (m2)

$7,800 €6,766

$4,124 €3,577

89.15%

Buy Apartment Outside City Center (m2)

$4,273 €3,707

$2,242 €1,945

90.56%

Average Monthly Net Salary (After Tax)

$1,603 €1,391

$4,074 €3,534

-60.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

3.93

-3.05%

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

Last update for Lisbon: June 1, 2026

Last update for Hanko: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,628 in Lisbon and $757 in Hanko. Housing cost is often the main lever when comparing two cities.

Hanko pays 154% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $65.0 in Lisbon vs $69.0 in Hanko. Groceries flip the comparison at $269 vs $239, with Hanko cheaper for home cooking.

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 Hanko: Cost of Living - Frequently Asked Questions

Hanko is cheaper overall, especially in Groceries & Markets, Monthly Utilities & Internet. The 20% gap adds up to real monthly savings that compound significantly over time.

On paper, Hanko earns 154% less. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,628 in Lisbon versus $757 in Hanko. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $614 in Lisbon versus $357 in Hanko. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 13% higher in Lisbon. For households that cook at home regularly, that difference adds up over a month.

At $1,835 in Hanko versus $2,210 in Lisbon, a $2,500 budget is realistic in Hanko but tight or insufficient in Lisbon. The gap between the two cities makes Hanko the clear choice for anyone on this budget.

For families, Hanko is more practical. Housing and childcare are both notably cheaper than in Lisbon, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Lisbon and Hanko are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Hanko gentler on the wallet – expenses run 20% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.