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

Monthly Cost of Living

A single person spends $2,268 per month in Lisbon vs $1,722 in Hverageroi, rent included.

A couple spends around $3,348 per month in Lisbon vs $2,948 in Hverageroi, rent included.

A family of three spends $4,429 per month in Lisbon vs $4,175 in Hverageroi, rent included.

Lisbon costs about 32% more than Hverageroi, driven mainly by Groceries & Markets.

Both Lisbon and Hverageroi sit above the global median – Lisbon by 64%, Hverageroi by 25%.

Meal at Budget Restaurant

$17.55 €15.12

$30.50 ISK 3,674

-42.46%

Three-Course Dinner for Two, Mid-Range

$64.5 €55.6

$139 ISK 16.7K

-53.50%

Fast Food Meal (McDonalds, etc)

$11.65 €10.04

$26.53 ISK 3,196

-56.09%

Cappuccino

$3.26 €2.81

$6.65 ISK 801

-50.98%

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

$2.49 €2.15

$3.36 ISK 405

-25.89%

Water (0.33 liter bottle)

$1.67 €1.44

$3.36 ISK 404

-50.30%

Local Beer (0.5 liter draught)

$3.47 €2.99

$13.83 ISK 1,666

-74.91%

Imported Beer (0.33 liter bottle)

$3.58 €3.08

$12.27 ISK 1,477

-70.82%

Milk (1 liter)

$1.18 €1.02

$2.06 ISK 249

-42.72%

White Bread (500g)

$1.95 €1.68

$4.26 ISK 514

-54.23%

Rice (white) (1kg)

$1.56 €1.35

$3.56 ISK 429

-56.18%

Eggs

$4.01 €3.46

$7.12 ISK 857

-43.68%

Local Cheese (1kg)

$13.27 €11.44

$21.48 ISK 2,587

-38.22%

Chicken Fillets (1kg)

$8.42 €7.26

$24.83 ISK 2,991

-66.09%

Beef Round Steak (1kg)

$18.23 €15.72

$41.36 ISK 4,981

-55.92%

Apples (1kg)

$2.32 €2.00

$3.49 ISK 420

-33.52%

Banana (1kg)

$1.73 €1.49

$2.78 ISK 335

-37.77%

Oranges (1kg)

$1.93 €1.67

$3.15 ISK 380

-38.73%

Tomato (1kg)

$2.64 €2.27

$6.34 ISK 763

-58.36%

Potato (1kg)

$1.90 €1.64

$3.95 ISK 476

-51.90%

Onion (1kg)

$2.11 €1.82

$1.63 ISK 197

29.45%

Lettuce (1 head)

$1.44 €1.24

$3.71 ISK 447

-61.19%

Water (1.5 liter bottle)

$0.80 €0.69

$1.76 ISK 212

-54.55%

Cigarettes 20 Pack (Marlboro, Camel)

$7.01 €6.04

$13.90 ISK 1,675

-49.57%

Wine (Bottle)

$5.92 €5.11

$24.37 ISK 2,935

-75.71%

Local Beer (0.5 liter bottle)

$1.36 €1.18

$3.79 ISK 456

-64.12%

Imported Beer (0.33 liter bottle)

$2.15 €1.85

$3.46 ISK 416

-37.86%

One-way Ticket (Public Transport)

$2.38 €2.05

Public Transport Monthly Pass (Regular Price)

$46.22 €39.85

Taxi Start (Normal Tariff)

$4.19 €3.61

$6.86 ISK 826

-38.92%

Taxi (Normal Tariff) (1km)

$1.10 €0.95

$2.81 ISK 338

-60.85%

Taxi 1hour Waiting (Normal Tariff)

$17.26 €14.88

$74.0 ISK 8,918

-76.69%

Gasoline (1 liter)

$2.25 €1.94

$2.03 ISK 245

10.84%

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

$34.5K €29.7K

$51.8K ISK 6.2M

-33.50%

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

$41.6K €35.9K

$54.5K ISK 6.6M

-23.60%

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

$171 €147

$87.2 ISK 10.5K

95.94%

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

$19.01 €16.38

$33.20 ISK 3,998

-42.74%

Internet (50+ Mbps, Unlimited Data)

$34.28 €29.55

$83.1 ISK 10.0K

-58.74%

Gym Membership (Monthly)

$49.65 €42.80

Tennis Court (1 Hour on Weekend)

$19.51 €16.81

Cinema Ticket

$10.10 €8.71

$20.09 ISK 2,419

-49.73%

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

$699 €603

$1,211 ISK 145.9K

-42.26%

International Primary School, 1 Child (Yearly)

$17.8K €15.3K

$30.9K ISK 3.7M

-42.52%

Jeans (Levis 501 Or Similar)

$105 €90.2

$157 ISK 18.9K

-33.36%

Summer Dress (H&M, Zara, etc)

$47.97 €41.35

$66.2 ISK 7,973

-27.54%

Sport Shoes (Adidas, Nike)

$102 €87.8

$176 ISK 21.3K

-42.28%

Men's Leather Business Shoes

$128 €111

$255 ISK 30.7K

-49.60%

1-bedroom Apartment, City Center (Monthly)

$1,661 €1,432

1-bedroom Apartment, Outside City Center (Monthly)

$1,228 €1,059

3-bedroom Apartment, City Center (Monthly)

$2,915 €2,513

3-bedroom Apartment, Outside City Center (Monthly)

$2,023 €1,744

Buy Apartment in City Center (m2)

$8,129 €7,007

Buy Apartment Outside City Center (m2)

$4,635 €3,996

Average Monthly Net Salary (After Tax)

$1,619 €1,396

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

8.88

-57.43%

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

Last update for Lisbon: September 5, 2026

Last update for Hverageroi: September 8, 2026

Cost Breakdown

A mid-range dinner for two costs $64.0 in Lisbon versus $139 in Hverageroi. Monthly groceries follow the same trend: $281 vs $623 – 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 32% 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 $3,402 per month in Lisbon and $2,583 in Hverageroi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $2,268 in Lisbon and $1,722 in Hverageroi. The difference isn't just one category – it shows up across housing, food, transport, and services.

Kindergarten costs $699 per month in Lisbon and $1,211 in Hverageroi. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $2,000 monthly budget goes further in Hverageroi, where all-in costs run around $1,722, than in Lisbon at $2,268. 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 $1,722 versus $2,268 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.