Cost of Living Comparison Between Lisbon and Iqaluit, NU Cost of Living Comparison Between Lisbon and Iqaluit, NU

Monthly Cost of Living

Monthly costs for one person with rent: $2,291 in Lisbon versus $3,041 in Iqaluit, NU.

Estimated couple costs with rent: $3,322 in Lisbon versus $4,109 in Iqaluit, NU.

Monthly costs for a family of three with rent: $4,354 in Lisbon versus $5,176 in Iqaluit, NU.

Living in Lisbon costs roughly 25% less than in Iqaluit, NU, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 71% above, Iqaluit, NU 128% above.

Meal at Budget Restaurant

$16.19 €14.18

$31.86 CA$44.83

-49.18%

Three-Course Dinner for Two, Mid-Range

$63.3 €55.5

$67.5 CA$94.9

-6.14%

Fast Food Meal (McDonalds, etc)

$10.32 €9.04

$13.19 CA$18.56

-21.76%

Cappuccino

$2.83 €2.48

$6.80 CA$9.56

-58.38%

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

$2.29 €2.01

$3.93 CA$5.53

-41.73%

Water (0.33 liter bottle)

$1.58 €1.38

$1.68 CA$2.36

-5.95%

Local Beer (0.5 liter draught)

$3.40 €2.98

$6.69 CA$9.42

-49.18%

Imported Beer (0.33 liter bottle)

$4.03 €3.53

$5.74 CA$8.08

-29.79%

Milk (1 liter)

$1.09 €0.96

$2.44 CA$3.44

-55.33%

White Bread (500g)

$1.75 €1.53

$2.70 CA$3.80

-35.19%

Rice (white) (1kg)

$1.76 €1.54

$2.89 CA$4.07

-39.10%

Eggs

$3.17 €2.77

$4.48 CA$6.30

-29.24%

Local Cheese (1kg)

$13.19 €11.56

$12.15 CA$17.09

8.56%

Chicken Fillets (1kg)

$7.97 €6.98

$13.61 CA$19.15

-41.44%

Beef Round Steak (1kg)

$15.53 €13.60

$25.53 CA$35.93

-39.17%

Apples (1kg)

$2.37 €2.07

$1.96 CA$2.76

20.92%

Banana (1kg)

$1.71 €1.49

$2.95 CA$4.16

-42.03%

Oranges (1kg)

$2.01 €1.76

$1.98 CA$2.79

1.52%

Tomato (1kg)

$2.43 €2.13

$2.02 CA$2.84

20.30%

Potato (1kg)

$1.76 €1.54

$2.94 CA$4.14

-40.14%

Onion (1kg)

$2.03 €1.78

$4.04 CA$5.69

-49.75%

Lettuce (1 head)

$1.92 €1.68

$3.03 CA$4.26

-36.63%

Water (1.5 liter bottle)

$0.85 €0.74

$3.60 CA$5.07

-76.39%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.76

$13.96 CA$19.64

-52.87%

Wine (Bottle)

$5.58 €4.89

$12.07 CA$16.98

-53.77%

Local Beer (0.5 liter bottle)

$1.33 €1.17

$1.51 CA$2.12

-11.92%

Imported Beer (0.33 liter bottle)

$2.97 €2.60

$2.22 CA$3.13

33.78%

One-way Ticket (Public Transport)

$2.28 €1.99

$2.30 CA$3.24

-0.87%

Public Transport Monthly Pass (Regular Price)

$45.79 €40.10

$145 CA$204

-68.44%

Taxi Start (Normal Tariff)

$4.23 €3.70

$6.47 CA$9.11

-34.62%

Taxi (Normal Tariff) (1km)

$0.81 €0.71

$0.72 CA$1.02

12.50%

Taxi 1hour Waiting (Normal Tariff)

$18.44 €16.15

$26.24 CA$36.92

-29.73%

Gasoline (1 liter)

$2.08 €1.82

$1.31 CA$1.85

58.78%

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

$34.7K €30.4K

$49.4K CA$69.5K

-29.80%

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

$39.2K €34.3K

$45.7K CA$64.3K

-14.33%

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

$148 €130

$118 CA$167

25.04%

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

$20.46 €17.92

$56.1 CA$79.0

-63.56%

Internet (50+ Mbps, Unlimited Data)

$39.56 €34.64

$55.8 CA$78.5

-29.08%

Gym Membership (Monthly)

$47.99 €42.03

$41.48 CA$58.4

15.69%

Tennis Court (1 Hour on Weekend)

$18.60 €16.29

$22.06 CA$31.03

-15.68%

Cinema Ticket

$9.22 €8.08

$8.50 CA$11.96

8.47%

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

$616 €540

$989 CA$1,392

-37.72%

International Primary School, 1 Child (Yearly)

$16.4K €14.4K

$3,940 CA$5,545

317.23%

Jeans (Levis 501 Or Similar)

$103 €90.0

$62.5 CA$88.0

64.32%

Summer Dress (H&M, Zara, etc)

$41.74 €36.55

$36.72 CA$51.7

13.67%

Sport Shoes (Adidas, Nike)

$94.8 €83.0

$101 CA$142

-6.38%

Men's Leather Business Shoes

$122 €107

$122 CA$172

0.07%

1-bedroom Apartment, City Center (Monthly)

$1,633 €1,430

$1,709 CA$2,404

-4.46%

1-bedroom Apartment, Outside City Center (Monthly)

$1,232 €1,079

$1,615 CA$2,272

-23.68%

3-bedroom Apartment, City Center (Monthly)

$3,098 €2,713

$3,034 CA$4,269

2.11%

3-bedroom Apartment, Outside City Center (Monthly)

$2,031 €1,779

$1,786 CA$2,514

13.71%

Buy Apartment in City Center (m2)

$7,831 €6,858

$4,270 CA$6,008

83.41%

Buy Apartment Outside City Center (m2)

$4,389 €3,844

$3,563 CA$5,014

23.18%

Average Monthly Net Salary (After Tax)

$1,607 €1,408

$4,212 CA$5,927

-61.84%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

8.1

-52.96%

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

Last update for Lisbon: July 14, 2026

Last update for Iqaluit, NU: July 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,633 in Lisbon and $1,709 in Iqaluit, NU. Housing cost is often the main lever when comparing two cities.

Iqaluit, NU pays 162% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $63.0 in Lisbon vs $67.0 in Iqaluit, NU for a mid-range dinner for two. Groceries echo the gap at $267 vs $416 per month, with Lisbon cheaper across the board.

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 Iqaluit, NU: Cost of Living - Frequently Asked Questions

Lisbon is cheaper overall, especially in Groceries & Markets, Eating Out, Getting Around, Monthly Utilities & Internet. The 33% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 162% lower in Iqaluit, NU. 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: $1,633 in Lisbon versus $1,709 in Iqaluit, NU. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $616 in Lisbon versus $989 in Iqaluit, NU. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 56% higher in Iqaluit, NU. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $3,000. Lisbon is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

For families, Lisbon is more practical. Housing and childcare are both notably cheaper than in Iqaluit, NU, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Lisbon and Iqaluit, NU 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 Lisbon gentler on the wallet – expenses run 33% less than in Iqaluit, NU. Beyond cost, consider language, visa policies, and how big the international community is in each city.