Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Ibiza

For one person, living is cheaper in Lisbon: $2,210 a month against $2,581 in Ibiza, rent and utilities included – about $4,500 less a year. Higher rent and utilities in Ibiza outweigh lower spending on other living expenses.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
125

Cost of Living Index in Ibiza
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Ibiza Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Ibiza

🇪🇸 Spain

$2,581

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Ibiza

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $2,581 in Ibiza.

Lisbon $2,210
Ibiza $2,581

Estimated couple costs with rent: $3,275 in Lisbon versus $3,743 in Ibiza.

Lisbon $3,275
Ibiza $3,743

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $4,904 in Ibiza.

Lisbon $4,341
Ibiza $4,904

Living in Lisbon costs roughly 14% less than in Ibiza, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lisbon 62% above, Ibiza 90% above.

Meal at Budget Restaurant

$16.65 €14.85

$22.60 €20.16

-26.33%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.1

$89.2 €79.5

-30.75%

Fast Food Meal (McDonalds, etc)

$11.36 €10.13

$12.19 €10.87

-6.81%

Cappuccino

$2.97 €2.65

$3.30 €2.95

-10.00%

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

$2.29 €2.04

$2.77 €2.47

-17.33%

Water (0.33 liter bottle)

$1.74 €1.55

$2.46 €2.20

-29.27%

Local Beer (0.5 liter draught)

$3.40 €3.04

$3.44 €3.07

-1.16%

Imported Beer (0.33 liter bottle)

$3.31 €2.95

$4.11 €3.67

-19.46%

Milk (1 liter)

$1.16 €1.03

$1.32 €1.18

-12.12%

White Bread (500g)

$1.91 €1.71

$3.43 €3.06

-44.31%

Rice (white) (1kg)

$1.51 €1.35

$3.94 €3.52

-61.68%

Eggs

$4.02 €3.59

Local Cheese (1kg)

$12.94 €11.54

$17.91 €15.98

-27.75%

Chicken Fillets (1kg)

$7.77 €6.94

$9.38 €8.37

-17.16%

Beef Round Steak (1kg)

$17.76 €15.85

Apples (1kg)

$2.30 €2.06

Banana (1kg)

$1.73 €1.55

$1.96 €1.75

-11.73%

Oranges (1kg)

$1.86 €1.66

Tomato (1kg)

$2.59 €2.31

$2.49 €2.23

4.02%

Potato (1kg)

$1.82 €1.62

$2.47 €2.21

-26.32%

Onion (1kg)

$1.97 €1.76

Lettuce (1 head)

$1.47 €1.31

$1.66 €1.48

-11.45%

Water (1.5 liter bottle)

$0.72 €0.65

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.87

Wine (Bottle)

$5.61 €5.00

$9.90 €8.83

-43.33%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$1.29 €1.15

5.43%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$1.55 €1.38

38.06%

One-way Ticket (Public Transport)

$2.33 €2.08

$2.23 €1.99

4.48%

Public Transport Monthly Pass (Regular Price)

$44.68 €39.86

Taxi Start (Normal Tariff)

$3.85 €3.43

$4.51 €4.03

-14.63%

Taxi (Normal Tariff) (1km)

$1.07 €0.95

$1.33 €1.19

-19.55%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.69

$24.71 €22.05

-33.39%

Gasoline (1 liter)

$2.20 €1.96

$1.83 €1.63

20.22%

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

$34.2K €30.5K

$35.5K €31.7K

-3.66%

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

$38.7K €34.5K

$29.5K €26.3K

31.20%

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

$161 €144

$212 €189

-24.07%

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

$18.41 €16.43

$18.99 €16.94

-3.05%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.21

$31.31 €27.93

4.57%

Gym Membership (Monthly)

$44.55 €39.74

$97.3 €86.8

-54.19%

Tennis Court (1 Hour on Weekend)

$19.10 €17.04

$41.44 €36.97

-53.91%

Cinema Ticket

$9.60 €8.56

$9.92 €8.85

-3.23%

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

$668 €596

$839 €749

-20.44%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$22.4K €20.0K

-21.45%

Jeans (Levis 501 Or Similar)

$102 €91.0

$59.0 €52.6

72.97%

Summer Dress (H&M, Zara, etc)

$44.46 €39.67

Sport Shoes (Adidas, Nike)

$98.5 €87.9

$72.1 €64.4

36.57%

Men's Leather Business Shoes

$124 €110

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,435

$2,044 €1,824

-21.33%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,062

$1,588 €1,417

-25.05%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,509

$3,989 €3,559

-29.50%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,796

$2,595 €2,316

-22.43%

Buy Apartment in City Center (m2)

$7,839 €6,994

$6,929 €6,182

13.13%

Buy Apartment Outside City Center (m2)

$4,576 €4,082

$2,685 €2,396

70.41%

Average Monthly Net Salary (After Tax)

$1,575 €1,405

$1,842 €1,643

-14.49%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

3.33

15.62%

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

Last update for Lisbon: October 27, 2026

Last update for Ibiza: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Ibiza

$1.6K 61.5% 33.4% $398

Groceries & Markets

Lisbon

$272 12.3%

Ibiza

$232 * 9% 15% $41

Eating Out

Lisbon

$243 11%

Ibiza

$303 11.8% 25% $61

Monthly Utilities & Internet

Lisbon

$212 9.6%

Ibiza

$263 10.2% 23.7% $50

Clothing & Footwear

Lisbon

$166 7.5%

Ibiza

$59 * 2.3% 64.4% $107

Sport & Entertainment

Lisbon

$64 2.9%

Ibiza

$117 4.5% 83.7% $53

Getting Around

Lisbon

$63 2.9%

Ibiza

$20 * 0.8% 68.2% $43

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $2,044 in Ibiza. Housing cost is often the main lever when comparing two cities.

Ibiza pays 17% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $89 in Ibiza. Groceries flip the comparison at $272 vs $232, with Ibiza cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇪🇸 Ibiza

🕒 Local time

19:05 7:05 PM

20:05 8:05 PM

1 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

49,727

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Lisbon Ibiza 910 km ≈ 1 h 45 min nonstop flight

From you

Lisbon
Ibiza

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 Ibiza: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,210 in Lisbon and $2,581 in Ibiza, so Lisbon is about 14% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 14% lower in Lisbon. 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: $1,608 in Lisbon versus $2,044 in Ibiza. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $839 in Ibiza. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Lisbon – a meal for two runs $62 versus $89 in Ibiza. If you eat out regularly, this makes a real dent in your monthly spending.

Either city works on $3,000 a month, though Lisbon gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Lisbon and Ibiza are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Lisbon wins on affordability, Ibiza on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.