Cost of Living Comparison Between Lisbon and Izmir Cost of Living Comparison Between Lisbon and Izmir

Monthly Cost of Living

Monthly costs for one person with rent: $2,291 in Lisbon versus $1,243 in Izmir.

Estimated couple costs with rent: $3,322 in Lisbon versus $1,871 in Izmir.

Monthly costs for a family of three with rent: $4,354 in Lisbon versus $2,500 in Izmir.

Living in Lisbon is roughly 84% more expensive than in Izmir, driven mainly by Eating Out.

The two cities straddle the global median: Lisbon is 71% above, Izmir is 7% below.

Meal at Budget Restaurant

$16.19 €14.18

$7.97 ₺376

103.14%

Three-Course Dinner for Two, Mid-Range

$63.3 €55.5

$38.57 ₺1,820

64.19%

Fast Food Meal (McDonalds, etc)

$10.32 €9.04

$8.06 ₺380

28.04%

Cappuccino

$2.83 €2.48

$3.20 ₺151

-11.56%

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

$2.29 €2.01

$1.41 ₺66.7

62.41%

Water (0.33 liter bottle)

$1.58 €1.38

$0.52 ₺24.54

203.85%

Local Beer (0.5 liter draught)

$3.40 €2.98

$3.80 ₺179

-10.53%

Imported Beer (0.33 liter bottle)

$4.03 €3.53

$4.98 ₺235

-19.08%

Milk (1 liter)

$1.09 €0.96

$1.08 ₺51.2

0.93%

White Bread (500g)

$1.75 €1.53

$0.94 ₺44.47

86.17%

Rice (white) (1kg)

$1.76 €1.54

$2.61 ₺123

-32.57%

Eggs

$3.17 €2.77

$2.56 ₺121

23.83%

Local Cheese (1kg)

$13.19 €11.56

$11.48 ₺542

14.90%

Chicken Fillets (1kg)

$7.97 €6.98

$6.50 ₺307

22.62%

Beef Round Steak (1kg)

$15.53 €13.60

$22.03 ₺1,039

-29.51%

Apples (1kg)

$2.37 €2.07

$1.42 ₺66.9

66.90%

Banana (1kg)

$1.71 €1.49

$2.79 ₺132

-38.71%

Oranges (1kg)

$2.01 €1.76

$1.53 ₺72.3

31.37%

Tomato (1kg)

$2.43 €2.13

$1.88 ₺88.8

29.26%

Potato (1kg)

$1.76 €1.54

$0.87 ₺41.02

102.30%

Onion (1kg)

$2.03 €1.78

$0.71 ₺33.55

185.92%

Lettuce (1 head)

$1.92 €1.68

$0.96 ₺45.30

100.00%

Water (1.5 liter bottle)

$0.85 €0.74

$0.63 ₺29.89

34.92%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.76

$2.22 ₺105

196.40%

Wine (Bottle)

$5.58 €4.89

$12.15 ₺573

-54.07%

Local Beer (0.5 liter bottle)

$1.33 €1.17

$2.09 ₺98.7

-36.36%

Imported Beer (0.33 liter bottle)

$2.97 €2.60

$3.25 ₺153

-8.62%

One-way Ticket (Public Transport)

$2.28 €1.99

$0.62 ₺29.24

267.74%

Public Transport Monthly Pass (Regular Price)

$45.79 €40.10

$31.87 ₺1,504

43.68%

Taxi Start (Normal Tariff)

$4.23 €3.70

$3.14 ₺148

34.71%

Taxi (Normal Tariff) (1km)

$0.81 €0.71

$0.60 ₺28.44

35.00%

Taxi 1hour Waiting (Normal Tariff)

$18.44 €16.15

$4.96 ₺234

271.77%

Gasoline (1 liter)

$2.08 €1.82

$1.17 ₺55.4

77.78%

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

$34.7K €30.4K

$44.3K ₺2.1M

-21.70%

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

$39.2K €34.3K

$45.3K ₺2.1M

-13.53%

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

$148 €130

$100 ₺4,733

47.58%

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

$20.46 €17.92

$11.45 ₺540

78.69%

Internet (50+ Mbps, Unlimited Data)

$39.56 €34.64

$13.39 ₺632

195.44%

Gym Membership (Monthly)

$47.99 €42.03

$47.71 ₺2,251

0.59%

Tennis Court (1 Hour on Weekend)

$18.60 €16.29

$17.99 ₺849

3.39%

Cinema Ticket

$9.22 €8.08

$7.46 ₺352

23.59%

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

$616 €540

$432 ₺20.4K

42.46%

International Primary School, 1 Child (Yearly)

$16.4K €14.4K

$12.5K ₺591.4K

31.17%

Jeans (Levis 501 Or Similar)

$103 €90.0

$51.9 ₺2,447

98.03%

Summer Dress (H&M, Zara, etc)

$41.74 €36.55

$36.09 ₺1,703

15.66%

Sport Shoes (Adidas, Nike)

$94.8 €83.0

$93.4 ₺4,406

1.49%

Men's Leather Business Shoes

$122 €107

$112 ₺5,298

8.67%

1-bedroom Apartment, City Center (Monthly)

$1,633 €1,430

$646 ₺30.5K

152.69%

1-bedroom Apartment, Outside City Center (Monthly)

$1,232 €1,079

$459 ₺21.7K

168.22%

3-bedroom Apartment, City Center (Monthly)

$3,098 €2,713

$1,075 ₺50.7K

188.16%

3-bedroom Apartment, Outside City Center (Monthly)

$2,031 €1,779

$748 ₺35.3K

171.56%

Buy Apartment in City Center (m2)

$7,831 €6,858

$1,538 ₺72.5K

409.31%

Buy Apartment Outside City Center (m2)

$4,389 €3,844

$1,057 ₺49.9K

315.38%

Average Monthly Net Salary (After Tax)

$1,607 €1,408

$1,133 ₺53.4K

41.91%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

39.1

-90.26%

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

Last update for Lisbon: July 14, 2026

Last update for Izmir: July 11, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,633 in Lisbon and $646 in Izmir. Housing cost is often the main lever when comparing two cities.

Lisbon pays 42% 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 $39.00 in Izmir. Groceries flip the comparison at $267 vs $270, 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 Izmir: Cost of Living - Frequently Asked Questions

Izmir wins on cost – living expenses run 84% lower than in Lisbon. Housing and daily spending are where you'll feel the difference most, making Izmir the obvious pick if budget is a priority.

Average pay runs 42% higher in Lisbon, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,633 in Lisbon versus $646 in Izmir. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $2,291 per month in Lisbon versus $1,243 in Izmir – a 84% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Izmir runs roughly 44% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $1,243 in Izmir versus $2,291 in Lisbon, a $1,000 budget is realistic in Izmir but tight or insufficient in Lisbon. The gap between the two cities makes Izmir the clear choice for anyone on this budget.

Both work as nomad bases, but Izmir delivers better value – similar infrastructure at $1,243 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Izmir hard to pass up.

Safety-wise, Lisbon and Izmir 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 Izmir gentler on the wallet – expenses run 84% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.