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: $2,296 in Lisbon versus $3,029 in Iqaluit, NU.

Estimated couple costs with rent: $3,376 in Lisbon versus $4,665 in Iqaluit, NU.

Monthly costs for a family of three with rent: $4,457 in Lisbon versus $6,300 in Iqaluit, NU.

Living in Lisbon costs roughly 24% less than in Iqaluit, NU, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 68% above, Iqaluit, NU 121% above.

Meal at Budget Restaurant

$17.59 €15.33

$27.71 CA$38.76

-36.52%

Three-Course Dinner for Two, Mid-Range

$62.9 €54.8

$63.9 CA$89.4

-1.63%

Fast Food Meal (McDonalds, etc)

$11.58 €10.10

$13.06 CA$18.27

-11.33%

Cappuccino

$3.10 €2.70

$7.00 CA$9.79

-55.71%

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

$2.49 €2.17

$3.86 CA$5.41

-35.49%

Water (0.33 liter bottle)

$1.74 €1.52

$1.60 CA$2.23

8.75%

Local Beer (0.5 liter draught)

$3.48 €3.03

$6.87 CA$9.61

-49.34%

Imported Beer (0.33 liter bottle)

$3.44 €3.00

$5.66 CA$7.91

-39.22%

Milk (1 liter)

$1.15 €1.00

$2.48 CA$3.47

-53.63%

White Bread (500g)

$1.91 €1.66

$2.60 CA$3.63

-26.54%

Rice (white) (1kg)

$1.50 €1.31

$3.29 CA$4.61

-54.41%

Eggs

$3.98 €3.47

$3.53 CA$4.93

12.75%

Local Cheese (1kg)

$13.29 €11.59

$9.88 CA$13.82

34.51%

Chicken Fillets (1kg)

$8.01 €6.98

$13.54 CA$18.95

-40.84%

Beef Round Steak (1kg)

$18.04 €15.73

$14.64 CA$20.49

23.22%

Apples (1kg)

$2.35 €2.05

$3.92 CA$5.48

-40.05%

Banana (1kg)

$1.75 €1.53

$1.30 CA$1.83

34.62%

Oranges (1kg)

$1.85 €1.62

$3.66 CA$5.12

-49.45%

Tomato (1kg)

$2.55 €2.22

$3.94 CA$5.51

-35.28%

Potato (1kg)

$1.84 €1.61

$2.62 CA$3.67

-29.77%

Onion (1kg)

$2.10 €1.83

$2.27 CA$3.17

-7.49%

Lettuce (1 head)

$1.49 €1.30

$2.55 CA$3.56

-41.57%

Water (1.5 liter bottle)

$0.82 €0.71

$1.61 CA$2.25

-49.07%

Cigarettes 20 Pack (Marlboro, Camel)

$7.10 €6.19

$13.82 CA$19.33

-48.63%

Wine (Bottle)

$5.91 €5.15

$12.55 CA$17.56

-52.91%

Local Beer (0.5 liter bottle)

$1.31 €1.15

$2.72 CA$3.81

-51.84%

Imported Beer (0.33 liter bottle)

$2.13 €1.86

$3.03 CA$4.24

-29.70%

One-way Ticket (Public Transport)

$2.36 €2.05

$2.36 CA$3.30

Public Transport Monthly Pass (Regular Price)

$46.62 €40.63

$62.9 CA$88.1

-25.93%

Taxi Start (Normal Tariff)

$4.08 €3.55

$6.75 CA$9.45

-39.56%

Taxi (Normal Tariff) (1km)

$1.14 €0.99

$1.40 CA$1.96

-18.57%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.90

$26.05 CA$36.44

-34.40%

Gasoline (1 liter)

$2.31 €2.01

$1.18 CA$1.66

95.76%

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

$34.1K €29.7K

$38.3K CA$53.6K

-10.92%

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

$41.4K €36.1K

$31.4K CA$44.0K

31.62%

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

$169 €147

$117 CA$163

44.65%

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

$19.33 €16.85

$39.86 CA$55.8

-51.51%

Internet (50+ Mbps, Unlimited Data)

$33.51 €29.21

$56.5 CA$79.0

-40.68%

Gym Membership (Monthly)

$48.84 €42.57

$40.87 CA$57.2

19.50%

Tennis Court (1 Hour on Weekend)

$19.43 €16.94

$18.10 CA$25.32

7.35%

Cinema Ticket

$9.57 €8.34

$8.24 CA$11.52

16.14%

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

$696 €607

$782 CA$1,095

-11.06%

International Primary School, 1 Child (Yearly)

$17.4K €15.1K

$12.7K CA$17.8K

36.25%

Jeans (Levis 501 Or Similar)

$105 €91.8

$53.6 CA$74.9

96.58%

Summer Dress (H&M, Zara, etc)

$47.75 €41.62

$39.17 CA$54.8

21.90%

Sport Shoes (Adidas, Nike)

$101 €87.6

$86.4 CA$121

16.37%

Men's Leather Business Shoes

$124 €108

$103 CA$144

21.25%

1-bedroom Apartment, City Center (Monthly)

$1,662 €1,449

$1,843 CA$2,578

-9.82%

1-bedroom Apartment, Outside City Center (Monthly)

$1,246 €1,086

$1,692 CA$2,368

-26.37%

3-bedroom Apartment, City Center (Monthly)

$2,965 €2,584

$2,914 CA$4,076

1.74%

3-bedroom Apartment, Outside City Center (Monthly)

$2,049 €1,786

$3,500 CA$4,896

-41.47%

Buy Apartment in City Center (m2)

$7,834 €6,829

$4,372 CA$6,116

79.18%

Buy Apartment Outside City Center (m2)

$4,464 €3,892

$3,598 CA$5,033

24.10%

Average Monthly Net Salary (After Tax)

$1,632 €1,422

$4,281 CA$5,989

-61.89%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

5.32

-28.95%

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

Last update for Lisbon: September 12, 2026

Last update for Iqaluit, NU: September 13, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,662 in Lisbon and $1,843 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 $64.0 in Iqaluit, NU for a mid-range dinner for two. Groceries echo the gap at $277 vs $368 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 32% 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: $1,662 in Lisbon versus $1,843 in Iqaluit, NU. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $696 in Lisbon versus $782 in Iqaluit, NU. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 33% 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 32% less than in Iqaluit, NU. Beyond cost, consider language, visa policies, and how big the international community is in each city.