Last update: Nov 2026

Cost of Living Comparison Between Lisbon and Ierapetra

For one person, living is cheaper in Ierapetra: $1,399 a month against $2,206 in Lisbon, rent and utilities included – about $9,700 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
67

Cost of Living Index in Ierapetra
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Ierapetra Living Index

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Lisbon

🇵🇹 Portugal

$2,206

/mo nomad

Ierapetra

🇬🇷 Greece

$1,399

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Ierapetra

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

Monthly costs for one person with rent: $2,206 in Lisbon versus $1,399 in Ierapetra.

Lisbon $2,206
Ierapetra $1,399

Estimated couple costs with rent: $3,276 in Lisbon versus $2,154 in Ierapetra.

Lisbon $3,276
Ierapetra $2,154

Monthly costs for a family of three with rent: $4,346 in Lisbon versus $2,908 in Ierapetra.

Lisbon $4,346
Ierapetra $2,908

Living in Lisbon is roughly 58% more expensive than in Ierapetra, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Lisbon 63% above, Ierapetra 3% above.

Meal at Budget Restaurant

$16.86 €15.08

$16.59 €14.84

1.63%

Three-Course Dinner for Two, Mid-Range

$61.0 €54.6

$55.7 €49.82

9.57%

Fast Food Meal (McDonalds, etc)

$10.98 €9.82

$11.23 €10.04

-2.23%

Cappuccino

$3.05 €2.73

$3.97 €3.55

-23.17%

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

$2.28 €2.04

$2.13 €1.91

7.04%

Water (0.33 liter bottle)

$1.68 €1.50

$0.57 €0.51

194.74%

Local Beer (0.5 liter draught)

$3.44 €3.07

$4.44 €3.97

-22.52%

Imported Beer (0.33 liter bottle)

$3.91 €3.49

$4.77 €4.26

-18.03%

Milk (1 liter)

$1.15 €1.03

$1.10 €0.98

4.55%

White Bread (500g)

$1.89 €1.69

$1.10 €0.98

71.82%

Rice (white) (1kg)

$1.50 €1.34

$3.37 €3.01

-55.49%

Eggs

$4.12 €3.68

$4.60 €4.12

-10.43%

Local Cheese (1kg)

$13.01 €11.63

$16.68 €14.91

-22.00%

Chicken Fillets (1kg)

$8.04 €7.19

$9.35 €8.36

-14.01%

Beef Round Steak (1kg)

$17.89 €16.00

$14.62 €13.07

22.37%

Apples (1kg)

$2.27 €2.03

$2.18 €1.95

4.13%

Banana (1kg)

$1.74 €1.56

$2.26 €2.02

-23.01%

Oranges (1kg)

$1.82 €1.63

$1.14 €1.02

59.65%

Tomato (1kg)

$2.69 €2.40

$1.11 €0.99

142.34%

Potato (1kg)

$1.77 €1.58

$1.09 €0.97

62.39%

Onion (1kg)

$1.94 €1.73

$1.00 €0.90

94.00%

Lettuce (1 head)

$1.46 €1.31

$1.20 €1.07

21.67%

Water (1.5 liter bottle)

$0.76 €0.68

$0.81 €0.72

-6.17%

Cigarettes 20 Pack (Marlboro, Camel)

$6.66 €5.95

$5.45 €4.88

22.20%

Wine (Bottle)

$5.64 €5.04

$9.09 €8.13

-37.95%

Local Beer (0.5 liter bottle)

$1.29 €1.15

$1.42 €1.27

-9.15%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$1.14 €1.02

87.72%

One-way Ticket (Public Transport)

$2.30 €2.06

$1.39 €1.24

65.47%

Public Transport Monthly Pass (Regular Price)

$44.02 €39.36

$50.6 €45.25

-13.00%

Taxi Start (Normal Tariff)

$3.98 €3.56

$3.84 €3.43

3.65%

Taxi (Normal Tariff) (1km)

$0.64 €0.57

$1.00 €0.90

-36.00%

Taxi 1hour Waiting (Normal Tariff)

$18.93 €16.92

$16.60 €14.84

14.04%

Gasoline (1 liter)

$2.28 €2.03

$2.11 €1.89

8.06%

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

$33.4K €29.8K

$27.6K €24.7K

20.98%

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

$38.5K €34.4K

$24.4K €21.8K

57.66%

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

$158 €141

$148 €132

6.96%

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

$17.54 €15.68

$18.09 €16.17

-3.04%

Internet (50+ Mbps, Unlimited Data)

$31.18 €27.89

$32.88 €29.40

-5.17%

Gym Membership (Monthly)

$44.64 €39.92

$50.6 €45.21

-11.71%

Tennis Court (1 Hour on Weekend)

$18.98 €16.97

$19.62 €17.54

-3.26%

Cinema Ticket

$9.58 €8.56

$8.72 €7.79

9.86%

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

$674 €602

$474 €424

42.09%

International Primary School, 1 Child (Yearly)

$18.7K €16.7K

$6,699 €5,990

179.61%

Jeans (Levis 501 Or Similar)

$102 €91.4

$74.2 €66.3

37.74%

Summer Dress (H&M, Zara, etc)

$45.90 €41.04

$30.59 €27.35

50.05%

Sport Shoes (Adidas, Nike)

$102 €91.4

$107 €95.3

-4.08%

Men's Leather Business Shoes

$122 €109

$127 €113

-3.67%

1-bedroom Apartment, City Center (Monthly)

$1,641 €1,467

$497 €444

230.25%

1-bedroom Apartment, Outside City Center (Monthly)

$1,187 €1,062

$382 €342

210.57%

3-bedroom Apartment, City Center (Monthly)

$2,825 €2,526

$732 €655

285.84%

3-bedroom Apartment, Outside City Center (Monthly)

$2,018 €1,805

$618 €553

226.34%

Buy Apartment in City Center (m2)

$7,836 €7,007

$2,432 €2,175

222.19%

Buy Apartment Outside City Center (m2)

$4,701 €4,204

$1,922 €1,719

144.58%

Average Monthly Net Salary (After Tax)

$1,687 €1,508

20-Year Fixed Mortgage Interest Rate (Annual %)

3.82

4.53

-15.67%

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

Last update for Lisbon: November 1, 2026

Last update for Ierapetra: November 1, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Ierapetra

$382 27.3% 67.8% $805

Groceries & Markets

Lisbon

$275 12.5%

Ierapetra

$276 19.8% 0.7% $1.9

Eating Out

Lisbon

$245 11.1%

Ierapetra

$257 18.3% 4.6% $11

Monthly Utilities & Internet

Lisbon

$207 9.4%

Ierapetra

$199 14.2% 3.9% $8.1

Clothing & Footwear

Lisbon

$168 7.6%

Ierapetra

$152 10.9% 9.2% $15

Sport & Entertainment

Lisbon

$64 2.9%

Ierapetra

$68 4.9% 6.6% $4.2

Getting Around

Lisbon

$60 2.7%

Ierapetra

$65 4.7% 7.6% $4.6

Cost Breakdown

A one-bedroom apartment in the center runs $1,641 in Lisbon and $497 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $61 in Lisbon vs $56 in Ierapetra. Groceries flip the comparison at $275 vs $276, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇬🇷 Ierapetra

🕒 Local time

22:08 10:08 PM

00:08 12:08 AM

2 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

12,355

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Lisbon Ierapetra 3,120 km ≈ 4 h 30 min nonstop flight

From you

Lisbon
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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 Ierapetra: Cost of Living - Frequently Asked Questions

Ierapetra wins on cost – living expenses run 37% lower than in Lisbon. Housing and daily spending are where you’ll feel the difference most, making Ierapetra the obvious pick if budget is a priority.

You’d need roughly $3,309 in Lisbon and $2,099 in Ierapetra to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,641 in Lisbon versus $497 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $674 in Lisbon versus $474 in Ierapetra. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Ierapetra – a meal for two runs $56 versus $61 in Lisbon. If you eat out regularly, this makes a real dent in your monthly spending.

Both cities are expensive relative to $1,000. Ierapetra is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

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.