Cost of Living Comparison Between Lisbon and Klaksvik Cost of Living Comparison Between Lisbon and Klaksvik

Monthly Cost of Living

A single person spends $2,210 per month in Lisbon vs $354 in Klaksvik, rent included.

A couple spends around $3,311 per month in Lisbon vs $1,142 in Klaksvik, rent included.

A family of three spends $4,411 per month in Lisbon vs $1,931 in Klaksvik, rent included.

Lisbon costs about 525% more than Klaksvik, driven mainly by Clothing & Footwear.

Lisbon sits 65% above the global median, while Klaksvik is 74% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$15.91 €13.69

$25.76 FOK 165

-38.24%

Three-Course Dinner for Two, Mid-Range

$64.8 €55.7

Fast Food Meal (McDonalds, etc)

$10.51 €9.04

Cappuccino

$2.87 €2.47

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

$2.24 €1.93

Water (0.33 liter bottle)

$1.50 €1.29

Local Beer (0.5 liter draught)

$3.49 €3.00

Imported Beer (0.33 liter bottle)

$3.88 €3.34

Milk (1 liter)

$1.14 €0.98

$3.18 FOK 20.39

-64.15%

White Bread (500g)

$1.75 €1.51

$5.75 FOK 36.86

-69.57%

Rice (white) (1kg)

$1.76 €1.51

$5.75 FOK 36.86

-69.39%

Eggs

$3.22 €2.77

Local Cheese (1kg)

$13.49 €11.61

$11.62 FOK 74.5

16.09%

Chicken Fillets (1kg)

$7.91 €6.81

Beef Round Steak (1kg)

$15.87 €13.65

Apples (1kg)

$2.31 €1.99

Banana (1kg)

$1.70 €1.46

Oranges (1kg)

$2.01 €1.73

Tomato (1kg)

$2.46 €2.12

Potato (1kg)

$1.84 €1.59

Onion (1kg)

$2.00 €1.72

Lettuce (1 head)

$1.93 €1.66

Water (1.5 liter bottle)

$0.79 €0.68

Cigarettes 20 Pack (Marlboro, Camel)

$6.61 €5.68

Wine (Bottle)

$5.72 €4.92

Local Beer (0.5 liter bottle)

$1.37 €1.17

Imported Beer (0.33 liter bottle)

$2.97 €2.56

One-way Ticket (Public Transport)

$2.37 €2.04

Public Transport Monthly Pass (Regular Price)

$45.56 €39.19

Taxi Start (Normal Tariff)

$4.29 €3.69

Taxi (Normal Tariff) (1km)

$0.82 €0.70

Taxi 1hour Waiting (Normal Tariff)

$18.30 €15.74

Gasoline (1 liter)

$2.06 €1.78

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

$34.3K €29.5K

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

$39.3K €33.8K

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

$148 €127

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

$20.52 €17.65

Internet (50+ Mbps, Unlimited Data)

$39.61 €34.08

Gym Membership (Monthly)

$47.85 €41.16

Tennis Court (1 Hour on Weekend)

$18.92 €16.28

Cinema Ticket

$9.18 €7.90

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

$614 €528

International Primary School, 1 Child (Yearly)

$16.0K €13.8K

Jeans (Levis 501 Or Similar)

$105 €90.0

Summer Dress (H&M, Zara, etc)

$42.06 €36.18

Sport Shoes (Adidas, Nike)

$94.0 €80.8

Men's Leather Business Shoes

$120 €103

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,400

$579 FOK 3,711

181.19%

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,080

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,607

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,738

$1,165 FOK 7,467

73.42%

Buy Apartment in City Center (m2)

$7,800 €6,709

Buy Apartment Outside City Center (m2)

$4,273 €3,675

Average Monthly Net Salary (After Tax)

$1,603 €1,379

$2,152 FOK 13.8K

-25.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

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

Last update for Lisbon: June 1, 2026

Last update for Klaksvik: June 2, 2026

Cost Breakdown

A central one-bedroom costs $1,628 in Lisbon versus $579 in Klaksvik. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 34% higher in Klaksvik, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

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 Klaksvik: Cost of Living - Frequently Asked Questions

Lisbon costs about 525% more than Klaksvik, with the gap driven mainly by Clothing & Footwear. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,315 per month in Lisbon and $530 in Klaksvik. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Klaksvik, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,210 in Lisbon and $354 in Klaksvik. The difference isn't just one category – it shows up across housing, food, transport, and services.

Groceries cost about 83% more in Lisbon, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,000 monthly budget goes further in Klaksvik, where all-in costs run around $354, than in Lisbon at $2,210. In Klaksvik it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Klaksvik costs $354 versus $2,210 in Lisbon. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

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 Klaksvik. 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.