Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Ierapetra

For one person, living is cheaper in Ierapetra: $1,458 a month against $2,203 in Lisbon, rent and utilities included – about $8,900 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

108

Cost of Living Index in Lisbon
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Lisbon Living Index
70

Cost of Living Index in Ierapetra
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Ierapetra Living Index

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Lisbon

🇵🇹 Portugal

$2,203

/mo nomad

Ierapetra

🇬🇷 Greece

$1,458

/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: $2,203 in Lisbon versus $1,458 in Ierapetra.

Lisbon $2,203
Ierapetra $1,458

Estimated couple costs with rent: $3,237 in Lisbon versus $2,237 in Ierapetra.

Lisbon $3,237
Ierapetra $2,237

Monthly costs for a family of three with rent: $4,272 in Lisbon versus $3,015 in Ierapetra.

Lisbon $4,272
Ierapetra $3,015

Living in Lisbon is roughly 51% more expensive than in Ierapetra, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lisbon 64% above, Ierapetra 9% above.

Meal at Budget Restaurant

$17.01 €15.18

$17.38 €15.51

-2.13%

Three-Course Dinner for Two, Mid-Range

$62.7 €55.9

$57.1 €51.0

9.71%

Fast Food Meal (McDonalds, etc)

$11.42 €10.19

$11.27 €10.06

1.33%

Cappuccino

$3.09 €2.75

$3.94 €3.51

-21.57%

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

$2.37 €2.11

$2.17 €1.94

9.22%

Water (0.33 liter bottle)

$1.66 €1.48

$0.56 €0.50

196.43%

Local Beer (0.5 liter draught)

$3.46 €3.09

$4.60 €4.11

-24.78%

Imported Beer (0.33 liter bottle)

$3.29 €2.93

$4.82 €4.30

-31.74%

Milk (1 liter)

$1.17 €1.04

$1.13 €1.01

3.54%

White Bread (500g)

$1.87 €1.66

$1.11 €0.99

68.47%

Rice (white) (1kg)

$1.52 €1.36

$3.43 €3.06

-55.69%

Eggs

$3.88 €3.46

$4.75 €4.24

-18.32%

Local Cheese (1kg)

$12.87 €11.49

$16.96 €15.13

-24.12%

Chicken Fillets (1kg)

$7.94 €7.08

$9.74 €8.69

-18.48%

Beef Round Steak (1kg)

$17.63 €15.73

$14.82 €13.23

18.96%

Apples (1kg)

$2.26 €2.01

$2.19 €1.96

3.20%

Banana (1kg)

$1.76 €1.57

$2.19 €1.95

-19.63%

Oranges (1kg)

$1.88 €1.68

$1.11 €0.99

69.37%

Tomato (1kg)

$2.47 €2.20

$1.11 €0.99

122.52%

Potato (1kg)

$1.86 €1.66

$1.16 €1.04

60.34%

Onion (1kg)

$2.07 €1.85

$1.03 €0.92

100.97%

Lettuce (1 head)

$1.39 €1.24

$1.21 €1.08

14.88%

Water (1.5 liter bottle)

$0.81 €0.73

$0.82 €0.73

-1.22%

Cigarettes 20 Pack (Marlboro, Camel)

$6.89 €6.15

$5.61 €5.00

22.82%

Wine (Bottle)

$5.53 €4.93

$9.10 €8.12

-39.23%

Local Beer (0.5 liter bottle)

$1.33 €1.19

$1.39 €1.24

-4.32%

Imported Beer (0.33 liter bottle)

$2.17 €1.93

$1.13 €1.01

92.04%

One-way Ticket (Public Transport)

$2.24 €2.00

$1.34 €1.20

67.16%

Public Transport Monthly Pass (Regular Price)

$45.14 €40.28

$47.87 €42.71

-5.70%

Taxi Start (Normal Tariff)

$4.00 €3.57

$3.89 €3.47

2.83%

Taxi (Normal Tariff) (1km)

$1.07 €0.95

$2.44 €2.18

-56.15%

Taxi 1hour Waiting (Normal Tariff)

$16.53 €14.75

$17.27 €15.41

-4.28%

Gasoline (1 liter)

$2.26 €2.02

$2.09 €1.87

8.13%

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

$33.5K €29.9K

$34.4K €30.7K

-2.72%

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

$40.5K €36.1K

$24.9K €22.2K

62.77%

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

$164 €146

$153 €137

6.66%

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

$18.54 €16.55

$18.13 €16.18

2.26%

Internet (50+ Mbps, Unlimited Data)

$33.21 €29.63

$33.20 €29.63

0.03%

Gym Membership (Monthly)

$46.01 €41.06

$50.4 €44.95

-8.66%

Tennis Court (1 Hour on Weekend)

$18.80 €16.78

$19.79 €17.66

-5.00%

Cinema Ticket

$9.47 €8.45

$9.00 €8.03

5.22%

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

$690 €615

$450 €402

53.20%

International Primary School, 1 Child (Yearly)

$16.9K €15.0K

$6,870 €6,130

145.48%

Jeans (Levis 501 Or Similar)

$105 €93.4

$76.1 €67.9

37.48%

Summer Dress (H&M, Zara, etc)

$45.27 €40.40

$31.43 €28.04

44.03%

Sport Shoes (Adidas, Nike)

$99.0 €88.3

$108 €96.7

-8.70%

Men's Leather Business Shoes

$124 €111

$132 €118

-6.02%

1-bedroom Apartment, City Center (Monthly)

$1,583 €1,413

$505 €450

213.70%

1-bedroom Apartment, Outside City Center (Monthly)

$1,209 €1,079

$396 €354

205.05%

3-bedroom Apartment, City Center (Monthly)

$2,833 €2,528

$746 €665

279.99%

3-bedroom Apartment, Outside City Center (Monthly)

$1,964 €1,753

$609 €543

222.60%

Buy Apartment in City Center (m2)

$7,643 €6,820

$2,719 €2,426

181.06%

Buy Apartment Outside City Center (m2)

$4,431 €3,954

$2,264 €2,020

95.69%

Average Monthly Net Salary (After Tax)

$1,573 €1,403

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

4.53

-16.34%

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

Last update for Lisbon: October 4, 2026

Last update for Ierapetra: October 5, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 54%

Ierapetra

$396 27.5% 67.2% $813

Groceries & Markets

Lisbon

$272 12.1%

Ierapetra

$281 19.5% 3.3% $8.9

Eating Out

Lisbon

$247 11%

Ierapetra

$264 18.3% 6.6% $16

Monthly Utilities & Internet

Lisbon

$215 9.6%

Ierapetra

$205 14.2% 4.9% $11

Clothing & Footwear

Lisbon

$168 7.5%

Ierapetra

$157 10.9% 6.7% $11

Sport & Entertainment

Lisbon

$65 2.9%

Ierapetra

$68 4.8% 5.3% $3.4

Getting Around

Lisbon

$63 2.8%

Ierapetra

$69 4.8% 9.3% $5.9

Cost Breakdown

A one-bedroom apartment in the center runs $1,583 in Lisbon and $505 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $63.0 in Lisbon vs $57.0 in Ierapetra. Groceries flip the comparison at $272 vs $281, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇬🇷 Ierapetra

🕒 Local time

07:00 7:00 AM

09:00 9:00 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

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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 51% 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 $3,304 in Lisbon and $2,188 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: $1,583 in Lisbon versus $505 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,203 per month in Lisbon versus $1,458 in Ierapetra – a 51% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Ierapetra runs roughly 6% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,458 in Ierapetra versus $2,203 in Lisbon, a $1,000 budget is realistic in Ierapetra but tight or insufficient in Lisbon. The gap between the two cities makes Ierapetra the clear choice for anyone on this budget.

Both work as nomad bases, but Ierapetra delivers better value – similar infrastructure at $1,458 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Ierapetra hard to pass up.

Safety-wise, Lisbon and Ierapetra are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Ierapetra gentler on the wallet – expenses run 51% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.