Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Lanzarote

Name: Lanzarote
Address: Lanzarote, ES

For one person, living is cheaper in Lanzarote: $1,605 a month against $2,210 in Lisbon, rent and utilities included – about $7,300 less a year. Rent and utilities account for most of the difference.

107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index
78

Cost of Living Index in Lanzarote
Learn more

Lanzarote Living Index

Jump to prices

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Lanzarote

🇪🇸 Spain

$1,605

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Lanzarote

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

A single person spends $2,210 per month in Lisbon vs $1,605 in Lanzarote, rent included.

Lisbon $2,210
Lanzarote $1,605

A couple spends around $3,275 per month in Lisbon vs $2,427 in Lanzarote, rent included.

Lisbon $3,275
Lanzarote $2,427

A family of three spends $4,341 per month in Lisbon vs $3,250 in Lanzarote, rent included.

Lisbon $4,341
Lanzarote $3,250

Lisbon costs about 38% more than Lanzarote, and outside of rent the biggest gap is in eating out.

Both Lisbon and Lanzarote sit above the global median – Lisbon by 62%, Lanzarote by 18%.

Meal at Budget Restaurant

$16.65 €14.91

$13.68 €12.25

21.71%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.3

$72.4 €64.8

-14.72%

Fast Food Meal (McDonalds, etc)

$11.36 €10.17

$10.58 €9.48

7.37%

Cappuccino

$2.97 €2.66

$2.47 €2.22

20.24%

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

$2.29 €2.05

$2.13 €1.91

7.51%

Water (0.33 liter bottle)

$1.74 €1.56

$1.62 €1.45

7.41%

Local Beer (0.5 liter draught)

$3.40 €3.05

$3.10 €2.78

9.68%

Imported Beer (0.33 liter bottle)

$3.31 €2.96

$3.69 €3.31

-10.30%

Milk (1 liter)

$1.16 €1.04

$1.09 €0.97

6.42%

White Bread (500g)

$1.91 €1.71

$1.45 €1.30

31.72%

Rice (white) (1kg)

$1.51 €1.35

$1.58 €1.41

-4.43%

Eggs

$4.02 €3.60

$3.53 €3.16

13.88%

Local Cheese (1kg)

$12.94 €11.59

$12.19 €10.92

6.15%

Chicken Fillets (1kg)

$7.77 €6.96

$9.92 €8.88

-21.67%

Beef Round Steak (1kg)

$17.76 €15.91

$18.20 €16.30

-2.42%

Apples (1kg)

$2.30 €2.06

$2.56 €2.30

-10.16%

Banana (1kg)

$1.73 €1.55

$2.57 €2.30

-32.68%

Oranges (1kg)

$1.86 €1.66

$2.22 €1.99

-16.22%

Tomato (1kg)

$2.59 €2.32

$2.53 €2.27

2.37%

Potato (1kg)

$1.82 €1.63

$1.78 €1.60

2.25%

Onion (1kg)

$1.97 €1.76

$2.39 €2.14

-17.57%

Lettuce (1 head)

$1.47 €1.32

$2.02 €1.81

-27.23%

Water (1.5 liter bottle)

$0.72 €0.65

$0.86 €0.77

-16.28%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.90

$4.54 €4.07

44.93%

Wine (Bottle)

$5.61 €5.02

$6.75 €6.05

-16.89%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$1.74 €1.56

-21.84%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$2.71 €2.42

-21.03%

One-way Ticket (Public Transport)

$2.33 €2.09

$1.66 €1.49

40.36%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.01

$33.06 €29.61

35.15%

Taxi Start (Normal Tariff)

$3.85 €3.45

$3.34 €2.99

15.27%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$2.18 €1.95

-50.92%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.74

$27.60 €24.72

-40.36%

Gasoline (1 liter)

$2.20 €1.97

$1.76 €1.58

25.00%

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

$34.2K €30.6K

$29.9K €26.8K

14.31%

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

$38.7K €34.7K

$31.6K €28.3K

22.49%

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

$161 €144

$114 €102

41.28%

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

$18.41 €16.49

$19.99 €17.91

-7.90%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.32

$28.15 €25.21

16.31%

Gym Membership (Monthly)

$44.55 €39.90

$44.61 €39.95

-0.13%

Tennis Court (1 Hour on Weekend)

$19.10 €17.10

$16.00 €14.33

19.38%

Cinema Ticket

$9.60 €8.60

$9.03 €8.09

6.31%

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

$668 €598

$478 €428

39.66%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$6,573 €5,887

167.98%

Jeans (Levis 501 Or Similar)

$102 €91.4

$88.2 €79.0

15.66%

Summer Dress (H&M, Zara, etc)

$44.46 €39.82

$38.58 €34.55

15.24%

Sport Shoes (Adidas, Nike)

$98.5 €88.2

$91.1 €81.6

8.10%

Men's Leather Business Shoes

$124 €111

$120 €108

2.81%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,440

$879 €787

83.01%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,066

$672 €602

76.98%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,519

$1,371 €1,228

105.09%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,803

$1,001 €896

101.19%

Buy Apartment in City Center (m2)

$7,839 €7,021

$3,289 €2,945

138.36%

Buy Apartment Outside City Center (m2)

$4,576 €4,098

$2,171 €1,944

110.76%

Average Monthly Net Salary (After Tax)

$1,575 €1,411

$1,683 €1,507

-6.41%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

3.15

22.22%

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

Last update for Lisbon: October 27, 2026

Last update for Lanzarote: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Lanzarote

$672 41.9% 43.5% $518

Groceries & Markets

Lisbon

$272 12.3%

Lanzarote

$293 18.2% 7.4% $20

Eating Out

Lisbon

$243 11%

Lanzarote

$209 13% 13.9% $34

Monthly Utilities & Internet

Lisbon

$212 9.6%

Lanzarote

$162 10.1% 23.6% $50

Clothing & Footwear

Lisbon

$166 7.5%

Lanzarote

$152 9.5% 8.3% $14

Sport & Entertainment

Lisbon

$64 2.9%

Lanzarote

$63 3.9% 1.7% $1.1

Getting Around

Lisbon

$63 2.9%

Lanzarote

$54 3.4% 14.7% $9.3

Cost Breakdown

A central one-bedroom costs $1,608 in Lisbon versus $879 in Lanzarote. 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 7% higher in Lanzarote, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $62 in Lisbon versus $72 in Lanzarote. Monthly groceries follow the same trend: $272 vs $293 – making Lisbon the more affordable choice for daily food spending.

Good to know

🇵🇹 Lisbon

🇪🇸 Lanzarote

🕒 Local time

22:38 10:38 PM

Same time as Lisbon

🌤 Weather

👥 Population

545,923 Capital

5,228

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Lisbon Lanzarote 1,150 km ≈ 2 h nonstop flight

From you

Lisbon
Lanzarote

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 Lanzarote: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $2,210 in Lisbon, $1,605 in Lanzarote – Lanzarote comes out roughly 27% cheaper. Outside of rent, the biggest gap is in eating out.

For a comfortable life, plan on about $3,315 per month in Lisbon and $2,407 in Lanzarote. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Lanzarote, especially for central apartments: a one-bedroom in the center costs $879 there versus $1,608 in Lisbon.

Monthly expenses with rent come to $2,210 in Lisbon and $1,605 in Lanzarote. That makes Lanzarote about 27% cheaper.

Public transport costs about 26% less in Lanzarote. For daily commuters, that gap adds up to noticeable savings over a year.

$3,000 covers both cities comfortably – all-in costs are $2,210 in Lisbon and $1,605 in Lanzarote, leaving budget for savings and extras in both cases.

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

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.