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: $2,316 in Lisbon versus $1,937 in Hanko.

Estimated couple costs with rent: $3,361 in Lisbon versus $3,000 in Hanko.

Monthly costs for a family of three with rent: $4,405 in Lisbon versus $4,062 in Hanko.

Living in Lisbon is roughly 20% more expensive than in Hanko, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Lisbon 69% above, Hanko 41% above.

Meal at Budget Restaurant

$17.30 €14.89

$17.07 €14.69

1.35%

Three-Course Dinner for Two, Mid-Range

$63.3 €54.4

$92.1 €79.2

-31.30%

Fast Food Meal (McDonalds, etc)

$11.39 €9.80

$12.25 €10.55

-7.02%

Cappuccino

$3.19 €2.75

$5.43 €4.67

-41.25%

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

$2.45 €2.10

$3.16 €2.72

-22.47%

Water (0.33 liter bottle)

$1.76 €1.52

$2.01 €1.73

-12.44%

Local Beer (0.5 liter draught)

$3.59 €3.09

$8.29 €7.13

-56.69%

Imported Beer (0.33 liter bottle)

$3.39 €2.92

$9.08 €7.81

-62.67%

Milk (1 liter)

$1.24 €1.06

$1.27 €1.10

-2.36%

White Bread (500g)

$1.98 €1.71

$2.78 €2.39

-28.78%

Rice (white) (1kg)

$1.52 €1.31

$2.51 €2.16

-39.44%

Eggs

$4.04 €3.48

$3.40 €2.93

18.82%

Local Cheese (1kg)

$13.54 €11.65

$9.36 €8.05

44.66%

Chicken Fillets (1kg)

$8.39 €7.22

$14.55 €12.52

-42.34%

Beef Round Steak (1kg)

$18.25 €15.70

$22.70 €19.54

-19.60%

Apples (1kg)

$2.29 €1.97

$2.43 €2.09

-5.76%

Banana (1kg)

$1.74 €1.50

$2.18 €1.88

-20.18%

Oranges (1kg)

$1.86 €1.60

$2.66 €2.28

-30.08%

Tomato (1kg)

$2.63 €2.26

$4.12 €3.55

-36.17%

Potato (1kg)

$1.92 €1.65

$1.30 €1.12

47.69%

Onion (1kg)

$2.09 €1.80

$2.00 €1.72

4.50%

Lettuce (1 head)

$1.44 €1.24

$2.99 €2.58

-51.84%

Water (1.5 liter bottle)

$0.84 €0.72

$2.07 €1.78

-59.42%

Cigarettes 20 Pack (Marlboro, Camel)

$6.78 €5.83

$13.55 €11.66

-49.96%

Wine (Bottle)

$5.71 €4.91

$16.49 €14.19

-65.37%

Local Beer (0.5 liter bottle)

$1.38 €1.18

$3.21 €2.76

-57.01%

Imported Beer (0.33 liter bottle)

$2.22 €1.91

$3.50 €3.01

-36.57%

One-way Ticket (Public Transport)

$2.40 €2.06

$3.52 €3.03

-31.82%

Public Transport Monthly Pass (Regular Price)

$46.78 €40.25

$72.9 €62.8

-35.85%

Taxi Start (Normal Tariff)

$4.17 €3.59

$4.63 €3.99

-9.94%

Taxi (Normal Tariff) (1km)

$1.14 €0.98

$1.35 €1.16

-15.56%

Taxi 1hour Waiting (Normal Tariff)

$17.68 €15.21

$69.6 €59.9

-74.58%

Gasoline (1 liter)

$2.32 €2.00

$2.38 €2.05

-2.52%

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

$35.3K €30.4K

$38.0K €32.7K

-7.00%

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

$41.4K €35.7K

$38.8K €33.4K

6.71%

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

$170 €147

$139 €120

22.35%

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

$19.34 €16.64

$25.15 €21.64

-23.10%

Internet (50+ Mbps, Unlimited Data)

$33.64 €28.95

$25.31 €21.78

32.91%

Gym Membership (Monthly)

$48.10 €41.39

$48.74 €41.94

-1.31%

Tennis Court (1 Hour on Weekend)

$19.90 €17.12

$26.28 €22.61

-24.28%

Cinema Ticket

$9.92 €8.54

$18.68 €16.07

-46.90%

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

$717 €617

$343 €295

108.93%

International Primary School, 1 Child (Yearly)

$17.5K €15.0K

$12.9K €11.1K

35.55%

Jeans (Levis 501 Or Similar)

$105 €90.2

$99.0 €85.2

5.85%

Summer Dress (H&M, Zara, etc)

$46.95 €40.40

$49.55 €42.64

-5.25%

Sport Shoes (Adidas, Nike)

$103 €89.0

$107 €91.7

-2.96%

Men's Leather Business Shoes

$124 €107

$160 €138

-22.65%

1-bedroom Apartment, City Center (Monthly)

$1,677 €1,443

$694 €597

141.54%

1-bedroom Apartment, Outside City Center (Monthly)

$1,271 €1,094

$639 €550

98.94%

3-bedroom Apartment, City Center (Monthly)

$2,985 €2,568

$1,410 €1,213

111.73%

3-bedroom Apartment, Outside City Center (Monthly)

$1,992 €1,715

$919 €790

116.92%

Buy Apartment in City Center (m2)

$7,826 €6,734

$3,675 €3,162

112.96%

Buy Apartment Outside City Center (m2)

$4,658 €4,008

$2,304 €1,983

102.13%

Average Monthly Net Salary (After Tax)

$1,583 €1,362

$4,583 €3,944

-65.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

3.51

7.98%

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

Last update for Lisbon: August 30, 2026

Last update for Hanko: August 31, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,677 in Lisbon and $694 in Hanko. Housing cost is often the main lever when comparing two cities.

Hanko pays 190% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $63.0 in Lisbon vs $92.0 in Hanko for a mid-range dinner for two. Groceries echo the gap at $283 vs $390 per month, with Lisbon cheaper across the board.

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 Monthly Utilities & Internet. The 20% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 190% 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: $1,677 in Lisbon versus $694 in Hanko. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $717 in Lisbon versus $343 in Hanko. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 38% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,937 in Hanko versus $2,316 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.