Cost of Living Comparison Between Lisbon and Kirkjubaejarklaustur Cost of Living Comparison Between Lisbon and Kirkjubaejarklaustur

Monthly Cost of Living

A single person spends $2,280 per month in Lisbon vs $1,605 in Kirkjubaejarklaustur, rent included.

A couple spends around $3,294 per month in Lisbon vs $2,789 in Kirkjubaejarklaustur, rent included.

A family of three spends $4,307 per month in Lisbon vs $3,974 in Kirkjubaejarklaustur, rent included.

Lisbon costs about 42% more than Kirkjubaejarklaustur, driven mainly by Groceries & Markets.

Both Lisbon and Kirkjubaejarklaustur sit above the global median – Lisbon by 71%, Kirkjubaejarklaustur by 21%.

Meal at Budget Restaurant

$15.75 €13.64

$27.24 ISK 3,367

-42.18%

Three-Course Dinner for Two, Mid-Range

$63.5 €55.0

$142 ISK 17.6K

-55.40%

Fast Food Meal (McDonalds, etc)

$10.45 €9.05

$22.93 ISK 2,834

-54.43%

Cappuccino

$2.91 €2.52

$6.07 ISK 751

-52.06%

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

$2.29 €1.98

$3.33 ISK 412

-31.23%

Water (0.33 liter bottle)

$1.50 €1.30

$2.61 ISK 323

-42.53%

Local Beer (0.5 liter draught)

$3.56 €3.09

$12.84 ISK 1,587

-72.27%

Imported Beer (0.33 liter bottle)

$3.96 €3.43

$11.35 ISK 1,403

-65.11%

Milk (1 liter)

$1.08 €0.94

$1.89 ISK 234

-42.86%

White Bread (500g)

$1.76 €1.53

$4.22 ISK 522

-58.29%

Rice (white) (1kg)

$1.70 €1.47

$3.55 ISK 439

-52.11%

Eggs

$3.25 €2.81

$6.32 ISK 781

-48.58%

Local Cheese (1kg)

$13.25 €11.47

$17.84 ISK 2,205

-25.73%

Chicken Fillets (1kg)

$7.70 €6.67

$23.94 ISK 2,959

-67.84%

Beef Round Steak (1kg)

$15.77 €13.66

$42.75 ISK 5,283

-63.11%

Apples (1kg)

$2.28 €1.97

$3.25 ISK 402

-29.85%

Banana (1kg)

$1.66 €1.43

$2.44 ISK 301

-31.97%

Oranges (1kg)

$2.02 €1.75

$3.11 ISK 384

-35.05%

Tomato (1kg)

$2.47 €2.14

$5.02 ISK 620

-50.80%

Potato (1kg)

$1.79 €1.55

$3.60 ISK 445

-50.28%

Onion (1kg)

$2.07 €1.79

$2.31 ISK 286

-10.39%

Lettuce (1 head)

$1.97 €1.71

$3.13 ISK 387

-37.06%

Water (1.5 liter bottle)

$0.83 €0.72

$2.00 ISK 247

-58.50%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.68

$13.70 ISK 1,694

-52.19%

Wine (Bottle)

$5.57 €4.82

$22.77 ISK 2,814

-75.54%

Local Beer (0.5 liter bottle)

$1.33 €1.15

$3.57 ISK 441

-62.75%

Imported Beer (0.33 liter bottle)

$3.01 €2.60

$3.34 ISK 412

-9.88%

One-way Ticket (Public Transport)

$2.27 €1.97

Public Transport Monthly Pass (Regular Price)

$46.35 €40.14

Taxi Start (Normal Tariff)

$4.23 €3.66

$6.41 ISK 793

-34.01%

Taxi (Normal Tariff) (1km)

$0.85 €0.73

$2.63 ISK 325

-67.68%

Taxi 1hour Waiting (Normal Tariff)

$18.83 €16.31

$87.0 ISK 10.8K

-78.36%

Gasoline (1 liter)

$2.02 €1.75

$2.57 ISK 318

-21.40%

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

$35.0K €30.3K

$46.9K ISK 5.8M

-25.49%

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

$39.6K €34.3K

$53.1K ISK 6.6M

-25.32%

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

$148 €128

$88.1 ISK 10.9K

67.91%

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

$20.52 €17.77

$27.34 ISK 3,379

-24.95%

Internet (50+ Mbps, Unlimited Data)

$39.52 €34.23

$84.6 ISK 10.5K

-53.30%

Gym Membership (Monthly)

$48.17 €41.72

Tennis Court (1 Hour on Weekend)

$18.39 €15.92

Cinema Ticket

$9.10 €7.88

$17.76 ISK 2,196

-48.76%

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

$615 €532

$324 ISK 40.1K

89.59%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

$30.6K ISK 3.8M

-46.86%

Jeans (Levis 501 Or Similar)

$102 €88.0

$140 ISK 17.2K

-27.21%

Summer Dress (H&M, Zara, etc)

$42.09 €36.45

$62.1 ISK 7,674

-32.21%

Sport Shoes (Adidas, Nike)

$92.3 €79.9

$182 ISK 22.5K

-49.22%

Men's Leather Business Shoes

$122 €106

$265 ISK 32.8K

-53.93%

1-bedroom Apartment, City Center (Monthly)

$1,612 €1,396

1-bedroom Apartment, Outside City Center (Monthly)

$1,254 €1,086

3-bedroom Apartment, City Center (Monthly)

$3,069 €2,658

3-bedroom Apartment, Outside City Center (Monthly)

$2,037 €1,764

Buy Apartment in City Center (m2)

$7,751 €6,712

Buy Apartment Outside City Center (m2)

$4,286 €3,712

Average Monthly Net Salary (After Tax)

$1,602 €1,387

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

9.63

-60.44%

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

Last update for Lisbon: July 27, 2026

Last update for Kirkjubaejarklaustur: July 28, 2026

Cost Breakdown

A mid-range dinner for two costs $63.0 in Lisbon versus $142 in Kirkjubaejarklaustur. Monthly groceries follow the same trend: $267 vs $593 – making Lisbon the more affordable choice for daily food spending.

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 Kirkjubaejarklaustur: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 42%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $3,420 per month in Lisbon and $2,407 in Kirkjubaejarklaustur. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

A mid-range dinner for two costs $63.0 in Lisbon and $142 in Kirkjubaejarklaustur. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 122% cheaper in Lisbon – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,500 monthly budget goes further in Kirkjubaejarklaustur, where all-in costs run around $1,605, than in Lisbon at $2,280. In Kirkjubaejarklaustur it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

Families tend to lean toward Kirkjubaejarklaustur – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Kirkjubaejarklaustur. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.