Cost of Living Comparison Between Lisbon and Ierapetra Cost of Living Comparison Between Lisbon and Ierapetra

Monthly Cost of Living

Monthly costs for one person with rent: $2,217 in Lisbon versus $1,411 in Ierapetra.

Estimated couple costs with rent: $3,245 in Lisbon versus $2,103 in Ierapetra.

Monthly costs for a family of three with rent: $4,272 in Lisbon versus $2,795 in Ierapetra.

Living in Lisbon is roughly 57% more expensive than in Ierapetra, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 66% above, Ierapetra 6% above.

Meal at Budget Restaurant

$15.78 €13.77

$7.15 €6.23

120.70%

Three-Course Dinner for Two, Mid-Range

$62.5 €54.5

$47.20 €41.18

32.33%

Fast Food Meal (McDonalds, etc)

$10.54 €9.19

$11.51 €10.04

-8.43%

Cappuccino

$2.77 €2.41

$4.10 €3.58

-32.44%

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

$2.28 €1.99

$1.35 €1.18

68.89%

Water (0.33 liter bottle)

$1.55 €1.35

$0.60 €0.52

158.33%

Local Beer (0.5 liter draught)

$3.55 €3.09

$4.51 €3.93

-21.29%

Imported Beer (0.33 liter bottle)

$3.98 €3.47

$5.32 €4.64

-25.19%

Milk (1 liter)

$1.08 €0.94

$1.86 €1.62

-41.94%

White Bread (500g)

$1.77 €1.54

$1.49 €1.30

18.79%

Rice (white) (1kg)

$1.77 €1.54

$3.53 €3.08

-49.86%

Eggs

$3.12 €2.72

$4.93 €4.30

-36.71%

Local Cheese (1kg)

$13.34 €11.64

$18.09 €15.78

-26.26%

Chicken Fillets (1kg)

$7.99 €6.98

$9.73 €8.49

-17.88%

Beef Round Steak (1kg)

$15.92 €13.89

$15.63 €13.64

1.86%

Apples (1kg)

$2.28 €1.99

$2.14 €1.87

6.54%

Banana (1kg)

$1.64 €1.43

$2.14 €1.87

-23.36%

Oranges (1kg)

$1.98 €1.73

$1.53 €1.33

29.41%

Tomato (1kg)

$2.45 €2.14

$1.90 €1.66

28.95%

Potato (1kg)

$1.77 €1.54

$1.43 €1.24

23.78%

Onion (1kg)

$1.97 €1.72

$1.10 €0.96

79.09%

Lettuce (1 head)

$1.97 €1.72

$1.25 €1.09

57.60%

Water (1.5 liter bottle)

$0.80 €0.70

$1.18 €1.03

-32.20%

Cigarettes 20 Pack (Marlboro, Camel)

$6.54 €5.70

$5.94 €5.18

10.10%

Wine (Bottle)

$5.75 €5.01

$9.05 €7.89

-36.46%

Local Beer (0.5 liter bottle)

$1.32 €1.15

$1.72 €1.50

-23.26%

Imported Beer (0.33 liter bottle)

$2.99 €2.60

$2.59 €2.26

15.44%

One-way Ticket (Public Transport)

$2.34 €2.04

$1.59 €1.39

47.17%

Public Transport Monthly Pass (Regular Price)

$45.85 €40.01

$47.17 €41.15

-2.80%

Taxi Start (Normal Tariff)

$4.26 €3.71

$3.95 €3.45

7.85%

Taxi (Normal Tariff) (1km)

$0.84 €0.74

Taxi 1hour Waiting (Normal Tariff)

$18.86 €16.45

$13.61 €11.87

38.57%

Gasoline (1 liter)

$2.07 €1.81

$2.13 €1.86

-2.82%

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

$35.2K €30.8K

$35.0K €30.5K

0.78%

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

$38.6K €33.7K

$23.7K €20.6K

63.17%

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

$151 €132

$172 €150

-12.00%

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

$20.91 €18.24

$13.81 €12.05

51.41%

Internet (50+ Mbps, Unlimited Data)

$39.54 €34.50

$34.69 €30.27

13.98%

Gym Membership (Monthly)

$48.39 €42.22

$47.73 €41.64

1.38%

Tennis Court (1 Hour on Weekend)

$18.61 €16.24

$26.31 €22.96

-29.27%

Cinema Ticket

$9.04 €7.89

$9.20 €8.02

-1.74%

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

$610 €532

$457 €399

33.55%

International Primary School, 1 Child (Yearly)

$16.3K €14.2K

$6,921 €6,038

135.14%

Jeans (Levis 501 Or Similar)

$101 €88.3

$79.7 €69.5

27.04%

Summer Dress (H&M, Zara, etc)

$40.58 €35.41

$31.77 €27.72

27.73%

Sport Shoes (Adidas, Nike)

$93.0 €81.2

$103 €90.0

-9.77%

Men's Leather Business Shoes

$119 €104

$141 €123

-15.80%

1-bedroom Apartment, City Center (Monthly)

$1,603 €1,398

$499 €435

221.34%

1-bedroom Apartment, Outside City Center (Monthly)

$1,239 €1,081

$390 €340

217.73%

3-bedroom Apartment, City Center (Monthly)

$3,019 €2,634

$768 €670

293.21%

3-bedroom Apartment, Outside City Center (Monthly)

$2,061 €1,798

$629 €549

227.57%

Buy Apartment in City Center (m2)

$7,981 €6,963

$3,142 €2,741

154.04%

Buy Apartment Outside City Center (m2)

$4,533 €3,955

$2,558 €2,232

77.18%

Average Monthly Net Salary (After Tax)

$1,628 €1,421

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

4.53

-15.89%

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

Last update for Lisbon: June 15, 2026

Last update for Ierapetra: June 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,603 in Lisbon and $499 in Ierapetra. Housing cost is often the main lever when comparing two cities.

Dining out: $62.0 in Lisbon vs $47.00 in Ierapetra. Groceries flip the comparison at $268 vs $314, with Lisbon cheaper for home cooking.

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 57% 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 $3,325 in Lisbon and $2,116 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: $1,603 in Lisbon versus $499 in Ierapetra. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,217 per month in Lisbon versus $1,411 in Ierapetra – a 57% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Ierapetra runs roughly 3% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,411 in Ierapetra versus $2,217 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 $1,411 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 57% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.