Cost of Living Comparison Between Lisbon and Hverageroi Cost of Living Comparison Between Lisbon and Hverageroi

Monthly Cost of Living

A single person spends $2,210 per month in Lisbon vs $1,583 in Hverageroi, rent included.

A couple spends around $3,311 per month in Lisbon vs $2,801 in Hverageroi, rent included.

A family of three spends $4,411 per month in Lisbon vs $4,019 in Hverageroi, rent included.

Lisbon costs about 40% more than Hverageroi, driven mainly by Groceries & Markets.

Both Lisbon and Hverageroi sit above the global median – Lisbon by 65%, Hverageroi by 18%.

Meal at Budget Restaurant

$15.91 €13.69

$26.51 ISK 3,269

-39.98%

Three-Course Dinner for Two, Mid-Range

$64.8 €55.7

$146 ISK 18.0K

-55.56%

Fast Food Meal (McDonalds, etc)

$10.51 €9.04

$22.35 ISK 2,756

-52.98%

Cappuccino

$2.87 €2.47

$6.06 ISK 748

-52.64%

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

$2.24 €1.93

$3.39 ISK 418

-33.92%

Water (0.33 liter bottle)

$1.50 €1.29

$2.64 ISK 325

-43.18%

Local Beer (0.5 liter draught)

$3.49 €3.00

$13.07 ISK 1,612

-73.30%

Imported Beer (0.33 liter bottle)

$3.88 €3.34

$11.10 ISK 1,368

-65.05%

Milk (1 liter)

$1.14 €0.98

$1.96 ISK 242

-41.84%

White Bread (500g)

$1.75 €1.51

$4.16 ISK 513

-57.93%

Rice (white) (1kg)

$1.76 €1.51

$3.68 ISK 453

-52.17%

Eggs

$3.22 €2.77

$6.28 ISK 774

-48.73%

Local Cheese (1kg)

$13.49 €11.61

$18.27 ISK 2,253

-26.16%

Chicken Fillets (1kg)

$7.91 €6.81

$24.04 ISK 2,964

-67.10%

Beef Round Steak (1kg)

$15.87 €13.65

$41.58 ISK 5,127

-61.83%

Apples (1kg)

$2.31 €1.99

$3.38 ISK 416

-31.66%

Banana (1kg)

$1.70 €1.46

$2.46 ISK 303

-30.89%

Oranges (1kg)

$2.01 €1.73

$3.11 ISK 383

-35.37%

Tomato (1kg)

$2.46 €2.12

$4.97 ISK 613

-50.50%

Potato (1kg)

$1.84 €1.59

$3.59 ISK 443

-48.75%

Onion (1kg)

$2.00 €1.72

$2.32 ISK 286

-13.79%

Lettuce (1 head)

$1.93 €1.66

$3.13 ISK 386

-38.34%

Water (1.5 liter bottle)

$0.79 €0.68

$2.01 ISK 247

-60.70%

Cigarettes 20 Pack (Marlboro, Camel)

$6.61 €5.68

$13.41 ISK 1,653

-50.71%

Wine (Bottle)

$5.72 €4.92

$23.46 ISK 2,892

-75.62%

Local Beer (0.5 liter bottle)

$1.37 €1.17

$3.60 ISK 444

-61.94%

Imported Beer (0.33 liter bottle)

$2.97 €2.56

$3.34 ISK 412

-11.08%

One-way Ticket (Public Transport)

$2.37 €2.04

Public Transport Monthly Pass (Regular Price)

$45.56 €39.19

Taxi Start (Normal Tariff)

$4.29 €3.69

$6.20 ISK 765

-30.81%

Taxi (Normal Tariff) (1km)

$0.82 €0.70

$2.64 ISK 326

-68.94%

Taxi 1hour Waiting (Normal Tariff)

$18.30 €15.74

$84.5 ISK 10.4K

-78.34%

Gasoline (1 liter)

$2.06 €1.78

$2.57 ISK 317

-19.84%

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

$34.3K €29.5K

$47.0K ISK 5.8M

-27.10%

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

$39.3K €33.8K

$52.3K ISK 6.5M

-24.90%

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

$148 €127

$86.7 ISK 10.7K

70.49%

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

$20.52 €17.65

$27.86 ISK 3,435

-26.35%

Internet (50+ Mbps, Unlimited Data)

$39.61 €34.08

$85.9 ISK 10.6K

-53.89%

Gym Membership (Monthly)

$47.85 €41.16

Tennis Court (1 Hour on Weekend)

$18.92 €16.28

Cinema Ticket

$9.18 €7.90

$17.48 ISK 2,155

-47.48%

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

$614 €528

$317 ISK 39.1K

93.39%

International Primary School, 1 Child (Yearly)

$16.0K €13.8K

$30.2K ISK 3.7M

-46.89%

Jeans (Levis 501 Or Similar)

$105 €90.0

$137 ISK 16.9K

-23.67%

Summer Dress (H&M, Zara, etc)

$42.06 €36.18

$62.2 ISK 7,665

-32.35%

Sport Shoes (Adidas, Nike)

$94.0 €80.8

$183 ISK 22.6K

-48.77%

Men's Leather Business Shoes

$120 €103

$264 ISK 32.5K

-54.61%

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,400

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,080

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,607

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,738

Buy Apartment in City Center (m2)

$7,800 €6,709

Buy Apartment Outside City Center (m2)

$4,273 €3,675

Average Monthly Net Salary (After Tax)

$1,603 €1,379

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

9.63

-60.44%

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

Last update for Lisbon: June 1, 2026

Last update for Hverageroi: May 31, 2026

Cost Breakdown

A mid-range dinner for two costs $65.0 in Lisbon versus $146 in Hverageroi. Monthly groceries follow the same trend: $269 vs $593 – making Lisbon the more affordable choice for daily food spending.

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 Hverageroi: Cost of Living - Frequently Asked Questions

Lisbon costs about 40% more than Hverageroi, with the gap driven mainly by Groceries & Markets. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,315 per month in Lisbon and $2,374 in Hverageroi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $2,210 in Lisbon and $1,583 in Hverageroi. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $614 per month in Lisbon and $317 in Hverageroi. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,000 monthly budget goes further in Hverageroi, where all-in costs run around $1,583, than in Lisbon at $2,210. In Hverageroi it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Hverageroi costs $1,583 versus $2,210 in Lisbon. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Hverageroi. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.