Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Iqaluit, NU

For one person, living is cheaper in Lisbon: $2,210 a month against $3,164 in Iqaluit, NU, rent and utilities included – about $11,400 less a year. Rent and utilities account for about half of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
154

Cost of Living Index in Iqaluit, NU
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Iqaluit, NU Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Iqaluit, NU

🇨🇦 Canada

$3,164

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Iqaluit, NU

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $3,164 in Iqaluit, NU.

Lisbon $2,210
Iqaluit, NU $3,164

Estimated couple costs with rent: $3,275 in Lisbon versus $5,007 in Iqaluit, NU.

Lisbon $3,275
Iqaluit, NU $5,007

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $6,850 in Iqaluit, NU.

Lisbon $4,341
Iqaluit, NU $6,850

Living in Lisbon costs roughly 30% less than in Iqaluit, NU, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lisbon 62% above, Iqaluit, NU 132% above.

Meal at Budget Restaurant

$16.65 €14.91

$28.11 CA$39.27

-40.77%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.3

$65.1 CA$91.0

-5.22%

Fast Food Meal (McDonalds, etc)

$11.36 €10.17

$12.93 CA$18.07

-12.14%

Cappuccino

$2.97 €2.66

$7.31 CA$10.21

-59.37%

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

$2.29 €2.05

$3.81 CA$5.32

-39.90%

Water (0.33 liter bottle)

$1.74 €1.56

$4.43 CA$6.20

-60.72%

Local Beer (0.5 liter draught)

$3.40 €3.05

$6.83 CA$9.54

-50.22%

Imported Beer (0.33 liter bottle)

$3.31 €2.96

$5.82 CA$8.13

-43.13%

Milk (1 liter)

$1.16 €1.04

$3.38 CA$4.73

-65.68%

White Bread (500g)

$1.91 €1.71

$5.51 CA$7.69

-65.34%

Rice (white) (1kg)

$1.51 €1.35

$2.91 CA$4.07

-48.11%

Eggs

$4.02 €3.60

$4.36 CA$6.10

-7.80%

Local Cheese (1kg)

$12.94 €11.59

$12.05 CA$16.84

7.39%

Chicken Fillets (1kg)

$7.77 €6.96

$13.34 CA$18.63

-41.75%

Beef Round Steak (1kg)

$17.76 €15.91

$24.54 CA$34.29

-27.63%

Apples (1kg)

$2.30 €2.06

$2.02 CA$2.82

13.86%

Banana (1kg)

$1.73 €1.55

$2.95 CA$4.13

-41.36%

Oranges (1kg)

$1.86 €1.66

$2.03 CA$2.84

-8.37%

Tomato (1kg)

$2.59 €2.32

$1.98 CA$2.76

30.81%

Potato (1kg)

$1.82 €1.63

$3.04 CA$4.24

-40.13%

Onion (1kg)

$1.97 €1.76

$3.92 CA$5.48

-49.74%

Lettuce (1 head)

$1.47 €1.32

$3.08 CA$4.30

-52.27%

Water (1.5 liter bottle)

$0.72 €0.65

$3.51 CA$4.91

-79.49%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.90

$14.13 CA$19.74

-53.43%

Wine (Bottle)

$5.61 €5.02

$5.02 CA$7.02

11.75%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$1.46 CA$2.04

-6.85%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$2.11 CA$2.95

1.42%

One-way Ticket (Public Transport)

$2.33 €2.09

$4.87 CA$6.80

-52.16%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.01

$137 CA$191

-67.40%

Taxi Start (Normal Tariff)

$3.85 €3.45

$6.53 CA$9.12

-41.04%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$0.69 CA$0.97

55.07%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.74

Gasoline (1 liter)

$2.20 €1.97

$1.24 CA$1.73

77.42%

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

$34.2K €30.6K

$38.6K CA$54.0K

-11.45%

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

$38.7K €34.7K

$31.7K CA$44.3K

22.18%

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

$161 €144

$114 CA$159

41.64%

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

$18.41 €16.49

$52.9 CA$73.9

-65.20%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.32

$53.2 CA$74.4

-38.48%

Gym Membership (Monthly)

$44.55 €39.90

$73.9 CA$103

-39.68%

Tennis Court (1 Hour on Weekend)

$19.10 €17.10

$21.24 CA$29.68

-10.08%

Cinema Ticket

$9.60 €8.60

$8.27 CA$11.55

16.08%

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

$668 €598

$1,018 CA$1,423

-34.43%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$3,943 CA$5,509

346.75%

Jeans (Levis 501 Or Similar)

$102 €91.4

$60.2 CA$84.1

69.52%

Summer Dress (H&M, Zara, etc)

$44.46 €39.82

$35.43 CA$49.51

25.49%

Sport Shoes (Adidas, Nike)

$98.5 €88.2

$100.0 CA$140

-1.44%

Men's Leather Business Shoes

$124 €111

$116 CA$162

6.78%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,440

$1,790 CA$2,501

-10.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,066

$1,684 CA$2,353

-29.32%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,519

$2,856 CA$3,991

-1.54%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,803

$3,506 CA$4,898

-42.57%

Buy Apartment in City Center (m2)

$7,839 €7,021

$10.2K CA$14.2K

-22.98%

Buy Apartment Outside City Center (m2)

$4,576 €4,098

$7,195 CA$10.1K

-36.40%

Average Monthly Net Salary (After Tax)

$1,575 €1,411

$4,244 CA$5,930

-62.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

5.32

-27.63%

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

Last update for Lisbon: October 27, 2026

Last update for Iqaluit, NU: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Iqaluit, NU

$1.7K 53.2% 41.5% $494

Groceries & Markets

Lisbon

$272 12.3%

Iqaluit, NU

$433 13.7% 59.1% $161

Eating Out

Lisbon

$243 11%

Iqaluit, NU

$430 13.6% 77.3% $188

Monthly Utilities & Internet

Lisbon

$212 9.6%

Iqaluit, NU

$220 7% 3.6% $7.6

Clothing & Footwear

Lisbon

$166 7.5%

Iqaluit, NU

$140 4.4% 15.5% $26

Sport & Entertainment

Lisbon

$64 2.9%

Iqaluit, NU

$90 2.9% 41.8% $27

Getting Around

Lisbon

$63 2.9%

Iqaluit, NU

$167 5.3% 164% $103

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $1,790 in Iqaluit, NU. Housing cost is often the main lever when comparing two cities.

Iqaluit, NU pays about 2.7 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $65 in Iqaluit, NU for a mid-range dinner for two. Groceries echo the gap at $272 vs $433 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇨🇦 Iqaluit, NU

🕒 Local time

23:53 11:53 PM

18:53 6:53 PM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

8,000

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.12 USD

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

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Lisbon Iqaluit, NU 4,730 km ≈ 6 h nonstop flight

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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 Iqaluit, NU: Cost of Living - Frequently Asked Questions

Lisbon is about 30% cheaper overall, especially in eating out, groceries, and transport. That difference adds up to real monthly savings that compound significantly over time.

On paper, salaries run 63% 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 $1,790 in Iqaluit, NU. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $1,018 in Iqaluit, NU. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 59% higher in Iqaluit, NU. For households that cook at home regularly, that difference adds up over a month.

At $2,210 in Lisbon versus $3,164 in Iqaluit, NU, a $3,000 budget is realistic in Lisbon but tight or insufficient in Iqaluit, NU. The gap between the two cities makes Lisbon the clear choice for anyone on this budget.

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.

Expats usually find Lisbon gentler on the wallet – expenses run 30% less than in Iqaluit, NU. Beyond cost, consider language, visa policies, and how big the international community is in each city.