Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Hanko

For one person, living is cheaper in Hanko: $1,845 a month against $2,202 in Lisbon, rent and utilities included – about $4,300 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
89

Cost of Living Index in Hanko
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Hanko Living Index

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Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Hanko

🇫🇮 Finland

$1,845

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Hanko

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

Monthly costs for one person with rent: $2,202 in Lisbon versus $1,845 in Hanko.

Lisbon $2,202
Hanko $1,845

Estimated couple costs with rent: $3,274 in Lisbon versus $2,870 in Hanko.

Lisbon $3,274
Hanko $2,870

Monthly costs for a family of three with rent: $4,346 in Lisbon versus $3,894 in Hanko.

Lisbon $4,346
Hanko $3,894

Living in Lisbon is roughly 19% more expensive than in Hanko, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Lisbon 62% above, Hanko 36% above.

Meal at Budget Restaurant

$17.04 €15.15

$16.24 €14.45

4.93%

Three-Course Dinner for Two, Mid-Range

$62.3 €55.4

$88.7 €78.9

-29.76%

Fast Food Meal (McDonalds, etc)

$11.02 €9.80

$11.59 €10.31

-4.92%

Cappuccino

$3.12 €2.78

$5.32 €4.73

-41.35%

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

$2.27 €2.02

$3.00 €2.67

-24.33%

Water (0.33 liter bottle)

$1.74 €1.55

$1.92 €1.71

-9.37%

Local Beer (0.5 liter draught)

$3.42 €3.04

$7.61 €6.77

-55.06%

Imported Beer (0.33 liter bottle)

$3.74 €3.33

$8.91 €7.92

-58.02%

Milk (1 liter)

$1.17 €1.04

$1.29 €1.15

-9.30%

White Bread (500g)

$1.86 €1.66

$2.67 €2.37

-30.34%

Rice (white) (1kg)

$1.54 €1.37

$2.49 €2.22

-38.15%

Eggs

$4.06 €3.61

$3.19 €2.84

27.27%

Local Cheese (1kg)

$12.91 €11.49

$9.05 €8.05

42.65%

Chicken Fillets (1kg)

$7.90 €7.03

$13.99 €12.44

-43.53%

Beef Round Steak (1kg)

$17.64 €15.69

$21.10 €18.77

-16.40%

Apples (1kg)

$2.26 €2.01

$2.34 €2.08

-3.42%

Banana (1kg)

$1.75 €1.55

$2.12 €1.89

-17.45%

Oranges (1kg)

$1.89 €1.68

$2.54 €2.26

-25.59%

Tomato (1kg)

$2.56 €2.27

$3.90 €3.47

-34.36%

Potato (1kg)

$1.85 €1.64

$1.26 €1.12

46.83%

Onion (1kg)

$1.97 €1.75

$1.92 €1.71

2.60%

Lettuce (1 head)

$1.45 €1.29

$2.81 €2.50

-48.40%

Water (1.5 liter bottle)

$0.77 €0.69

$1.96 €1.74

-60.71%

Cigarettes 20 Pack (Marlboro, Camel)

$6.71 €5.97

$12.95 €11.52

-48.19%

Wine (Bottle)

$5.67 €5.04

$16.10 €14.32

-64.78%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$3.04 €2.71

-54.93%

Imported Beer (0.33 liter bottle)

$2.11 €1.88

$3.40 €3.02

-37.94%

One-way Ticket (Public Transport)

$2.32 €2.07

$3.25 €2.89

-28.62%

Public Transport Monthly Pass (Regular Price)

$44.43 €39.52

$64.7 €57.5

-31.31%

Taxi Start (Normal Tariff)

$3.95 €3.51

$4.29 €3.82

-7.93%

Taxi (Normal Tariff) (1km)

$1.05 €0.93

$1.31 €1.16

-19.85%

Taxi 1hour Waiting (Normal Tariff)

$17.15 €15.26

$66.6 €59.3

-74.26%

Gasoline (1 liter)

$2.19 €1.95

$2.35 €2.09

-6.81%

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

$33.8K €30.0K

$36.4K €32.3K

-7.07%

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

$38.3K €34.0K

$36.4K €32.3K

5.22%

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

$164 €146

$130 €116

26.05%

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

$18.48 €16.43

$24.93 €22.17

-25.87%

Internet (50+ Mbps, Unlimited Data)

$32.96 €29.32

$23.64 €21.02

39.42%

Gym Membership (Monthly)

$45.87 €40.80

$43.34 €38.55

5.84%

Tennis Court (1 Hour on Weekend)

$18.68 €16.61

$22.16 €19.71

-15.70%

Cinema Ticket

$9.75 €8.67

$17.97 €15.99

-45.74%

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

$684 €608

$335 €298

104.22%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$12.4K €11.1K

41.61%

Jeans (Levis 501 Or Similar)

$104 €92.3

$96.8 €86.1

7.19%

Summer Dress (H&M, Zara, etc)

$46.20 €41.09

$48.95 €43.54

-5.62%

Sport Shoes (Adidas, Nike)

$99.7 €88.7

$102 €91.0

-2.53%

Men's Leather Business Shoes

$125 €111

$151 €134

-17.26%

1-bedroom Apartment, City Center (Monthly)

$1,589 €1,414

$785 €698

102.44%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 €1,040

$642 €571

82.11%

3-bedroom Apartment, City Center (Monthly)

$2,851 €2,536

$1,225 €1,090

132.68%

3-bedroom Apartment, Outside City Center (Monthly)

$1,993 €1,773

$1,032 €918

93.18%

Buy Apartment in City Center (m2)

$7,793 €6,932

$4,038 €3,592

92.97%

Buy Apartment Outside City Center (m2)

$4,418 €3,930

$2,106 €1,874

109.73%

Average Monthly Net Salary (After Tax)

$1,600 €1,423

$4,380 €3,896

-63.47%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

3.51

9.69%

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

Last update for Lisbon: October 19, 2026

Last update for Hanko: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.1%

Hanko

$642 34.8% 45.1% $527

Groceries & Markets

Lisbon

$273 12.4%

Hanko

$373 20.2% 36.8% $100

Eating Out

Lisbon

$247 11.2%

Hanko

$304 16.5% 22.9% $57

Monthly Utilities & Internet

Lisbon

$215 9.8%

Hanko

$179 9.7% 17.1% $37

Clothing & Footwear

Lisbon

$168 7.7%

Hanko

$179 9.7% 6.5% $11

Sport & Entertainment

Lisbon

$65 3%

Hanko

$79 4.3% 21.3% $14

Getting Around

Lisbon

$63 2.9%

Hanko

$89 4.8% 40.7% $26

Cost Breakdown

A one-bedroom apartment in the center runs $1,589 in Lisbon and $785 in Hanko. Housing cost is often the main lever when comparing two cities.

Hanko pays 174% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $62.0 in Lisbon vs $89.0 in Hanko for a mid-range dinner for two. Groceries echo the gap at $273 vs $373 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇫🇮 Hanko

🕒 Local time

15:53 3:53 PM

17:53 5:53 PM

2 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

8,000

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Lisbon Hanko 3,250 km ≈ 4 h 30 min 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 Hanko: Cost of Living - Frequently Asked Questions

Hanko is cheaper overall, especially in utilities. The 19% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 174% lower in Hanko. 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: $1,589 in Lisbon versus $785 in Hanko. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $684 in Lisbon versus $335 in Hanko. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 37% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,845 in Hanko versus $2,202 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 19% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.