Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Kirkjubaejarklaustur

For one person, living is cheaper in Kirkjubaejarklaustur: $1,714 a month against $2,223 in Lisbon, rent and utilities included – about $6,100 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
84

Cost of Living Index in Kirkjubaejarklaustur
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Kirkjubaejarklaustur Living Index

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Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Kirkjubaejarklaustur

🇮🇸 Iceland

$1,714

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Kirkjubaejarklaustur

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

A single person spends $2,223 per month in Lisbon vs $1,714 in Kirkjubaejarklaustur, rent included.

Lisbon $2,223
Kirkjubaejarklaustur $1,714

A couple spends around $3,271 per month in Lisbon vs $2,914 in Kirkjubaejarklaustur, rent included.

Lisbon $3,271
Kirkjubaejarklaustur $2,914

A family of three spends $4,319 per month in Lisbon vs $4,114 in Kirkjubaejarklaustur, rent included.

Lisbon $4,319
Kirkjubaejarklaustur $4,114

Lisbon costs about 30% more than Kirkjubaejarklaustur, and outside of rent the biggest gap is in groceries.

Both Lisbon and Kirkjubaejarklaustur sit above the global median – Lisbon by 65%, Kirkjubaejarklaustur by 27%.

Meal at Budget Restaurant

$16.50 €14.65

$31.33 ISK 3,800

-47.33%

Three-Course Dinner for Two, Mid-Range

$61.3 €54.4

$121 ISK 14.7K

-49.56%

Fast Food Meal (McDonalds, etc)

$11.27 €10.01

$26.98 ISK 3,273

-58.23%

Cappuccino

$3.06 €2.72

$6.75 ISK 818

-54.67%

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

$2.26 €2.01

$3.39 ISK 411

-33.33%

Water (0.33 liter bottle)

$1.73 €1.54

$3.02 ISK 367

-42.72%

Local Beer (0.5 liter draught)

$3.39 €3.01

$13.79 ISK 1,673

-75.42%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$12.07 ISK 1,464

-71.83%

Milk (1 liter)

$1.12 €0.99

$2.08 ISK 252

-46.15%

White Bread (500g)

$1.86 €1.65

$4.26 ISK 517

-56.34%

Rice (white) (1kg)

$1.53 €1.36

$3.54 ISK 430

-56.78%

Eggs

$3.96 €3.52

$6.98 ISK 847

-43.27%

Local Cheese (1kg)

$12.76 €11.33

$21.64 ISK 2,624

-41.04%

Chicken Fillets (1kg)

$7.90 €7.01

$23.93 ISK 2,902

-66.99%

Beef Round Steak (1kg)

$16.97 €15.07

$41.22 ISK 5,000

-58.83%

Apples (1kg)

$2.27 €2.01

$3.35 ISK 406

-32.24%

Banana (1kg)

$1.75 €1.55

$2.84 ISK 345

-38.38%

Oranges (1kg)

$1.85 €1.64

$3.24 ISK 393

-42.90%

Tomato (1kg)

$2.57 €2.28

$6.66 ISK 807

-61.41%

Potato (1kg)

$1.86 €1.65

$3.88 ISK 470

-52.06%

Onion (1kg)

$2.02 €1.80

$1.71 ISK 208

18.13%

Lettuce (1 head)

$1.44 €1.28

$3.64 ISK 442

-60.44%

Water (1.5 liter bottle)

$0.82 €0.73

$1.83 ISK 222

-55.19%

Cigarettes 20 Pack (Marlboro, Camel)

$6.56 €5.82

$13.73 ISK 1,665

-52.22%

Wine (Bottle)

$5.62 €4.99

$23.92 ISK 2,902

-76.51%

Local Beer (0.5 liter bottle)

$1.28 €1.13

$3.65 ISK 443

-64.93%

Imported Beer (0.33 liter bottle)

$2.07 €1.84

$3.34 ISK 405

-38.02%

One-way Ticket (Public Transport)

$2.35 €2.08

Public Transport Monthly Pass (Regular Price)

$44.18 €39.24

Taxi Start (Normal Tariff)

$3.99 €3.54

$6.75 ISK 818

-40.89%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$2.81 ISK 341

-61.21%

Taxi 1hour Waiting (Normal Tariff)

$16.64 €14.78

$81.7 ISK 9,907

-79.63%

Gasoline (1 liter)

$2.28 €2.03

$2.03 ISK 246

12.32%

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

$33.7K €29.9K

$51.1K ISK 6.2M

-34.13%

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

$39.3K €34.9K

$54.3K ISK 6.6M

-27.65%

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

$167 €149

$94.9 ISK 11.5K

76.42%

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

$18.80 €16.69

$32.23 ISK 3,909

-41.67%

Internet (50+ Mbps, Unlimited Data)

$33.09 €29.39

$86.9 ISK 10.5K

-61.93%

Gym Membership (Monthly)

$46.01 €40.86

Tennis Court (1 Hour on Weekend)

$19.19 €17.04

Cinema Ticket

$9.84 €8.74

$19.89 ISK 2,412

-50.53%

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

$677 €601

$1,184 ISK 143.6K

-42.79%

International Primary School, 1 Child (Yearly)

$16.9K €15.0K

$25.4K ISK 3.1M

-33.40%

Jeans (Levis 501 Or Similar)

$101 €89.9

$147 ISK 17.9K

-31.23%

Summer Dress (H&M, Zara, etc)

$45.76 €40.64

$66.1 ISK 8,016

-30.76%

Sport Shoes (Adidas, Nike)

$100.0 €88.8

$184 ISK 22.3K

-45.69%

Men's Leather Business Shoes

$123 €109

$248 ISK 30.1K

-50.51%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,433

1-bedroom Apartment, Outside City Center (Monthly)

$1,197 €1,063

3-bedroom Apartment, City Center (Monthly)

$2,862 €2,541

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 €1,767

Buy Apartment in City Center (m2)

$7,577 €6,729

Buy Apartment Outside City Center (m2)

$4,307 €3,825

Average Monthly Net Salary (After Tax)

$1,588 €1,410

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

8.81

-56.30%

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

Last update for Lisbon: October 11, 2026

Last update for Kirkjubaejarklaustur: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.9%

Kirkjubaejarklaustur

- * 0% 100%

Groceries & Markets

Lisbon

$269 12.1%

Kirkjubaejarklaustur

$618 36.1% 129% $349

Eating Out

Lisbon

$242 10.9%

Kirkjubaejarklaustur

$531 31% 119% $289

Monthly Utilities & Internet

Lisbon

$219 9.9%

Kirkjubaejarklaustur

$214 12.5% 2.4% $5.3

Clothing & Footwear

Lisbon

$166 7.5%

Kirkjubaejarklaustur

$290 16.9% 74.6% $124

Sport & Entertainment

Lisbon

$66 3%

Kirkjubaejarklaustur

$40 * 2.3% 39.5% $26

Getting Around

Lisbon

$63 2.8%

Kirkjubaejarklaustur

$21 * 1.2% 67% $42

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A mid-range dinner for two costs $61.0 in Lisbon versus $121 in Kirkjubaejarklaustur. Monthly groceries follow the same trend: $269 vs $618 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇵🇹 Lisbon

🇮🇸 Kirkjubaejarklaustur

🕒 Local time

15:14 3:14 PM

14:14 2:14 PM

1 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

500

💱 Currency

Euro EUR €

Icelandic Króna ISK kr

📈 Exchange rate

1 EUR = 1.13 USD

1,000 ISK = 8.24 USD

1,000 ISK = 7.35 EUR

Exchange rates and currency converter

ISK, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 16, 2026: 1 USD = 0.888 EUR (1 EUR = 1.13 USD).

Icelandic Króna exchange rates as of October 16, 2026: 1 USD = 121 ISK (1,000 ISK = 8.24 USD). 1 EUR = 136 ISK (1,000 ISK = 7.35 EUR).

USD to EUR in detail →

On the map

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Between locations

Lisbon Kirkjubaejarklaustur 2,850 km ≈ 4 h nonstop flight

From you

Lisbon
Kirkjubaejarklaustur

Distances are measured in a straight line. Your location is detected approximately.

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 30%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,335 per month in Lisbon and $2,572 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 $61.0 in Lisbon and $121 in Kirkjubaejarklaustur. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 129% 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 $1,714, than in Lisbon at $2,223. 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.