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

Monthly Cost of Living

A single person spends $2,227 per month in Lisbon vs $1,600 in Kirkjubaejarklaustur, rent included.

A couple spends around $3,305 per month in Lisbon vs $2,802 in Kirkjubaejarklaustur, rent included.

A family of three spends $4,384 per month in Lisbon vs $4,003 in Kirkjubaejarklaustur, rent included.

Lisbon costs about 39% more than Kirkjubaejarklaustur, driven mainly by Groceries & Markets.

Both Lisbon and Kirkjubaejarklaustur sit above the global median – Lisbon by 66%, Kirkjubaejarklaustur by 19%.

Meal at Budget Restaurant

$16.17 €13.84

$26.51 ISK 3,245

-39.00%

Three-Course Dinner for Two, Mid-Range

$64.6 €55.3

$146 ISK 17.9K

-55.73%

Fast Food Meal (McDonalds, etc)

$10.38 €8.88

$22.08 ISK 2,703

-52.99%

Cappuccino

$2.77 €2.37

$6.05 ISK 741

-54.21%

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

$2.25 €1.92

$3.39 ISK 415

-33.63%

Water (0.33 liter bottle)

$1.57 €1.35

$2.60 ISK 318

-39.62%

Local Beer (0.5 liter draught)

$3.49 €2.99

$12.70 ISK 1,555

-72.52%

Imported Beer (0.33 liter bottle)

$4.00 €3.43

$11.43 ISK 1,400

-65.00%

Milk (1 liter)

$1.08 €0.93

$1.94 ISK 238

-44.33%

White Bread (500g)

$1.74 €1.49

$4.39 ISK 538

-60.36%

Rice (white) (1kg)

$1.74 €1.49

$3.69 ISK 452

-52.85%

Eggs

$3.18 €2.72

$6.54 ISK 800

-51.38%

Local Cheese (1kg)

$13.43 €11.50

$18.18 ISK 2,226

-26.13%

Chicken Fillets (1kg)

$7.99 €6.84

$24.46 ISK 2,995

-67.33%

Beef Round Steak (1kg)

$16.09 €13.77

$42.36 ISK 5,187

-62.02%

Apples (1kg)

$2.28 €1.95

$3.21 ISK 393

-28.97%

Banana (1kg)

$1.72 €1.48

$2.44 ISK 299

-29.51%

Oranges (1kg)

$1.94 €1.66

$3.08 ISK 377

-37.01%

Tomato (1kg)

$2.54 €2.18

$5.09 ISK 623

-50.10%

Potato (1kg)

$1.83 €1.57

$3.71 ISK 455

-50.67%

Onion (1kg)

$2.04 €1.75

$2.32 ISK 284

-12.07%

Lettuce (1 head)

$1.98 €1.69

$3.07 ISK 376

-35.50%

Water (1.5 liter bottle)

$0.85 €0.73

$2.00 ISK 245

-57.50%

Cigarettes 20 Pack (Marlboro, Camel)

$6.85 €5.87

$13.46 ISK 1,648

-49.11%

Wine (Bottle)

$5.78 €4.94

$23.32 ISK 2,856

-75.21%

Local Beer (0.5 liter bottle)

$1.37 €1.18

$3.58 ISK 438

-61.73%

Imported Beer (0.33 liter bottle)

$2.90 €2.48

$3.24 ISK 396

-10.49%

One-way Ticket (Public Transport)

$2.28 €1.95

Public Transport Monthly Pass (Regular Price)

$46.84 €40.10

Taxi Start (Normal Tariff)

$4.08 €3.49

$6.29 ISK 770

-35.14%

Taxi (Normal Tariff) (1km)

$0.82 €0.70

$2.56 ISK 313

-67.97%

Taxi 1hour Waiting (Normal Tariff)

$18.27 €15.64

$85.7 ISK 10.5K

-78.68%

Gasoline (1 liter)

$2.01 €1.72

$2.44 ISK 298

-17.62%

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

$35.3K €30.2K

$47.2K ISK 5.8M

-25.36%

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

$38.5K €32.9K

$52.6K ISK 6.4M

-26.79%

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

$145 €124

$86.5 ISK 10.6K

68.07%

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

$20.96 €17.94

$27.60 ISK 3,379

-24.06%

Internet (50+ Mbps, Unlimited Data)

$40.05 €34.29

$86.0 ISK 10.5K

-53.43%

Gym Membership (Monthly)

$48.79 €41.76

Tennis Court (1 Hour on Weekend)

$18.69 €16.00

Cinema Ticket

$9.06 €7.76

$17.56 ISK 2,150

-48.41%

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

$607 €519

$326 ISK 39.9K

86.14%

International Primary School, 1 Child (Yearly)

$16.3K €14.0K

$30.3K ISK 3.7M

-46.12%

Jeans (Levis 501 Or Similar)

$105 €89.6

$138 ISK 16.9K

-24.12%

Summer Dress (H&M, Zara, etc)

$40.95 €35.06

$62.1 ISK 7,598

-34.02%

Sport Shoes (Adidas, Nike)

$93.6 €80.1

$180 ISK 22.1K

-48.10%

Men's Leather Business Shoes

$119 €101

$267 ISK 32.7K

-55.55%

1-bedroom Apartment, City Center (Monthly)

$1,604 €1,373

1-bedroom Apartment, Outside City Center (Monthly)

$1,236 €1,058

3-bedroom Apartment, City Center (Monthly)

$3,046 €2,607

3-bedroom Apartment, Outside City Center (Monthly)

$2,057 €1,761

Buy Apartment in City Center (m2)

$7,709 €6,599

Buy Apartment Outside City Center (m2)

$4,266 €3,652

Average Monthly Net Salary (After Tax)

$1,584 €1,356

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: April 26, 2026

Last update for Kirkjubaejarklaustur: April 27, 2026

Cost Breakdown

A mid-range dinner for two costs $65.0 in Lisbon versus $146 in Kirkjubaejarklaustur. Monthly groceries follow the same trend: $271 vs $600 – 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 39%, 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 $3,341 per month in Lisbon and $2,400 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 $65.0 in Lisbon and $146 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 $1,500 monthly budget goes further in Kirkjubaejarklaustur, where all-in costs run around $1,600, than in Lisbon at $2,227. 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.