Last update: Nov 2026

Cost of Living Comparison Between Lisbon and Hverageroi

For one person, living is cheaper in Hverageroi: $1,719 a month against $2,206 in Lisbon, rent and utilities included – about $5,800 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

106

Cost of Living Index in Lisbon
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Lisbon Living Index
82

Cost of Living Index in Hverageroi
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Hverageroi Living Index

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Lisbon

🇵🇹 Portugal

$2,206

/mo nomad

Hverageroi

🇮🇸 Iceland

$1,719

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Hverageroi

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

A single person spends $2,206 per month in Lisbon vs $1,719 in Hverageroi, rent included.

Lisbon $2,206
Hverageroi $1,719

A couple spends around $3,276 per month in Lisbon vs $2,927 in Hverageroi, rent included.

Lisbon $3,276
Hverageroi $2,927

A family of three spends $4,346 per month in Lisbon vs $4,135 in Hverageroi, rent included.

Lisbon $4,346
Hverageroi $4,135

Lisbon costs about 28% more than Hverageroi, and outside of rent the biggest gap is in transport.

Both Lisbon and Hverageroi sit above the global median – Lisbon by 63%, Hverageroi by 27%.

Meal at Budget Restaurant

$16.86 €15.04

$31.27 ISK 3,799

-46.08%

Three-Course Dinner for Two, Mid-Range

$61.0 €54.5

$124 ISK 15.1K

-50.82%

Fast Food Meal (McDonalds, etc)

$10.98 €9.80

$27.50 ISK 3,341

-60.07%

Cappuccino

$3.05 €2.72

$6.74 ISK 819

-54.75%

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

$2.28 €2.04

$3.37 ISK 409

-32.34%

Water (0.33 liter bottle)

$1.68 €1.50

$3.15 ISK 383

-46.67%

Local Beer (0.5 liter draught)

$3.44 €3.07

$14.10 ISK 1,713

-75.60%

Imported Beer (0.33 liter bottle)

$3.91 €3.48

$12.30 ISK 1,495

-68.21%

Milk (1 liter)

$1.15 €1.02

$2.02 ISK 246

-43.07%

White Bread (500g)

$1.89 €1.68

$4.28 ISK 520

-55.84%

Rice (white) (1kg)

$1.50 €1.34

$3.65 ISK 444

-58.90%

Eggs

$4.12 €3.67

$6.90 ISK 838

-40.29%

Local Cheese (1kg)

$13.01 €11.60

$21.93 ISK 2,665

-40.67%

Chicken Fillets (1kg)

$8.04 €7.18

$23.98 ISK 2,914

-66.47%

Beef Round Steak (1kg)

$17.89 €15.96

$41.79 ISK 5,077

-57.19%

Apples (1kg)

$2.27 €2.03

$3.36 ISK 408

-32.44%

Banana (1kg)

$1.74 €1.56

$2.76 ISK 335

-36.96%

Oranges (1kg)

$1.82 €1.62

$3.18 ISK 387

-42.77%

Tomato (1kg)

$2.69 €2.40

$6.38 ISK 775

-57.84%

Potato (1kg)

$1.77 €1.58

$3.91 ISK 475

-54.73%

Onion (1kg)

$1.94 €1.73

$1.70 ISK 207

14.12%

Lettuce (1 head)

$1.46 €1.31

$3.62 ISK 440

-59.67%

Water (1.5 liter bottle)

$0.76 €0.68

$1.77 ISK 215

-57.06%

Cigarettes 20 Pack (Marlboro, Camel)

$6.66 €5.94

$13.81 ISK 1,678

-51.77%

Wine (Bottle)

$5.64 €5.03

$23.51 ISK 2,856

-76.01%

Local Beer (0.5 liter bottle)

$1.29 €1.15

$3.54 ISK 430

-63.56%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$3.48 ISK 423

-38.51%

One-way Ticket (Public Transport)

$2.30 €2.05

Public Transport Monthly Pass (Regular Price)

$44.02 €39.26

Taxi Start (Normal Tariff)

$3.98 €3.55

$6.90 ISK 839

-42.32%

Taxi (Normal Tariff) (1km)

$0.64 €0.57

$2.90 ISK 352

-77.93%

Taxi 1hour Waiting (Normal Tariff)

$18.93 €16.88

$81.7 ISK 9,928

-76.83%

Gasoline (1 liter)

$2.28 €2.03

$2.04 ISK 248

11.76%

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

$33.4K €29.8K

$69.7K ISK 8.5M

-52.10%

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

$38.5K €34.3K

$55.0K ISK 6.7M

-30.00%

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

$158 €141

$97.0 ISK 11.8K

63.03%

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

$17.54 €15.64

$32.70 ISK 3,973

-46.36%

Internet (50+ Mbps, Unlimited Data)

$31.18 €27.82

$85.4 ISK 10.4K

-63.48%

Gym Membership (Monthly)

$44.64 €39.82

Tennis Court (1 Hour on Weekend)

$18.98 €16.93

Cinema Ticket

$9.58 €8.54

$19.66 ISK 2,389

-51.27%

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

$674 €601

$1,207 ISK 146.7K

-44.21%

International Primary School, 1 Child (Yearly)

$18.7K €16.7K

$26.2K ISK 3.2M

-28.38%

Jeans (Levis 501 Or Similar)

$102 €91.2

$150 ISK 18.2K

-31.73%

Summer Dress (H&M, Zara, etc)

$45.90 €40.94

$66.8 ISK 8,114

-31.27%

Sport Shoes (Adidas, Nike)

$102 €91.2

$185 ISK 22.5K

-44.69%

Men's Leather Business Shoes

$122 €109

$247 ISK 30.0K

-50.55%

1-bedroom Apartment, City Center (Monthly)

$1,641 €1,463

1-bedroom Apartment, Outside City Center (Monthly)

$1,187 €1,059

3-bedroom Apartment, City Center (Monthly)

$2,825 €2,519

3-bedroom Apartment, Outside City Center (Monthly)

$2,018 €1,800

Buy Apartment in City Center (m2)

$7,836 €6,989

Buy Apartment Outside City Center (m2)

$4,701 €4,193

Average Monthly Net Salary (After Tax)

$1,687 €1,505

20-Year Fixed Mortgage Interest Rate (Annual %)

3.82

8.81

-56.64%

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

Last update for Lisbon: November 1, 2026

Last update for Hverageroi: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Hverageroi

- * 0% 100%

Groceries & Markets

Lisbon

$275 12.5%

Hverageroi

$617 35.9% 125% $342

Eating Out

Lisbon

$245 11.1%

Hverageroi

$535 31.1% 118% $289

Monthly Utilities & Internet

Lisbon

$207 9.4%

Hverageroi

$215 12.5% 4% $8.2

Clothing & Footwear

Lisbon

$168 7.6%

Hverageroi

$292 17% 74% $124

Sport & Entertainment

Lisbon

$64 2.9%

Hverageroi

$39 * 2.3% 38.4% $24

Getting Around

Lisbon

$60 2.7%

Hverageroi

$21 * 1.2% 64.6% $39

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $61 in Lisbon versus $124 in Hverageroi. Monthly groceries follow the same trend: $275 vs $617 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇵🇹 Lisbon

🇮🇸 Hverageroi

🕒 Local time

05:09 5:09 AM

Same time as Lisbon

🌤 Weather

👥 Population

545,923 Capital

2,657

💱 Currency

Euro EUR €

Icelandic Króna ISK kr

📈 Exchange rate

1 EUR = 1.12 USD

1,000 ISK = 8.23 USD

1,000 ISK = 7.36 EUR

Exchange rates and currency converter

ISK, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of November 4, 2026: 1 USD = 0.892 EUR (1 EUR = 1.12 USD).

Icelandic Króna exchange rates as of November 4, 2026: 1 USD = 122 ISK (1,000 ISK = 8.23 USD). 1 EUR = 136 ISK (1,000 ISK = 7.36 EUR).

USD to EUR in detail →

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Between locations

Lisbon Hverageroi 2,920 km ≈ 4 h 15 min nonstop flight

From you

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Hverageroi

Distances are measured in a straight line. Your location is detected approximately.

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 28% more than Hverageroi, and outside of rent the gap comes mainly from transport. That’s enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,309 per month in Lisbon and $2,578 in Hverageroi. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $2,206 in Lisbon and $1,719 in Hverageroi. That makes Hverageroi about 22% cheaper.

Kindergarten costs $674 per month in Lisbon and $1,207 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 $1,719, than in Lisbon at $2,206. In Hverageroi it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $1,719 in Hverageroi to $2,206 in Lisbon. Climate, culture, job market, and personal taste all factor in.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.