Cost of Living Comparison Between Lisbon and Lanzarote Cost of Living Comparison Between Lisbon and Lanzarote

Name: Lanzarote
Address: Lanzarote, ES

Monthly Cost of Living

A single person spends $2,217 per month in Lisbon vs $1,630 in Lanzarote, rent included.

A couple spends around $3,245 per month in Lisbon vs $2,408 in Lanzarote, rent included.

A family of three spends $4,272 per month in Lisbon vs $3,187 in Lanzarote, rent included.

Lisbon costs about 36% more than Lanzarote, driven mainly by Eating Out.

Both Lisbon and Lanzarote sit above the global median – Lisbon by 66%, Lanzarote by 22%.

Meal at Budget Restaurant

$15.78 €13.59

$12.03 €10.36

31.17%

Three-Course Dinner for Two, Mid-Range

$62.5 €53.8

$58.8 €50.6

6.24%

Fast Food Meal (McDonalds, etc)

$10.54 €9.07

$10.59 €9.12

-0.47%

Cappuccino

$2.77 €2.38

$2.21 €1.91

25.34%

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

$2.28 €1.97

$2.13 €1.84

7.04%

Water (0.33 liter bottle)

$1.55 €1.33

$1.21 €1.04

28.10%

Local Beer (0.5 liter draught)

$3.55 €3.05

$2.85 €2.45

24.56%

Imported Beer (0.33 liter bottle)

$3.98 €3.43

$4.25 €3.66

-6.35%

Milk (1 liter)

$1.08 €0.93

$1.20 €1.03

-10.00%

White Bread (500g)

$1.77 €1.52

$1.39 €1.20

27.34%

Rice (white) (1kg)

$1.77 €1.52

$2.16 €1.86

-18.06%

Eggs

$3.12 €2.69

$3.26 €2.81

-4.29%

Local Cheese (1kg)

$13.34 €11.49

$11.62 €10.01

14.80%

Chicken Fillets (1kg)

$7.99 €6.88

$10.20 €8.78

-21.67%

Beef Round Steak (1kg)

$15.92 €13.70

$17.17 €14.79

-7.28%

Apples (1kg)

$2.28 €1.97

$2.44 €2.10

-6.56%

Banana (1kg)

$1.64 €1.42

$2.42 €2.09

-32.23%

Oranges (1kg)

$1.98 €1.70

$2.24 €1.93

-11.61%

Tomato (1kg)

$2.45 €2.11

$2.50 €2.15

-2.00%

Potato (1kg)

$1.77 €1.52

$1.76 €1.52

0.57%

Onion (1kg)

$1.97 €1.69

$2.80 €2.41

-29.64%

Lettuce (1 head)

$1.97 €1.70

$1.87 €1.61

5.35%

Water (1.5 liter bottle)

$0.80 €0.69

$0.92 €0.79

-13.04%

Cigarettes 20 Pack (Marlboro, Camel)

$6.54 €5.63

$4.76 €4.10

37.39%

Wine (Bottle)

$5.75 €4.95

$6.80 €5.85

-15.44%

Local Beer (0.5 liter bottle)

$1.32 €1.13

$1.60 €1.38

-17.50%

Imported Beer (0.33 liter bottle)

$2.99 €2.57

$3.78 €3.25

-20.90%

One-way Ticket (Public Transport)

$2.34 €2.01

$1.66 €1.43

40.96%

Public Transport Monthly Pass (Regular Price)

$45.85 €39.48

$34.40 €29.62

33.28%

Taxi Start (Normal Tariff)

$4.26 €3.66

$3.43 €2.95

24.20%

Taxi (Normal Tariff) (1km)

$0.84 €0.73

$2.03 €1.74

-58.62%

Taxi 1hour Waiting (Normal Tariff)

$18.86 €16.24

$22.81 €19.64

-17.32%

Gasoline (1 liter)

$2.07 €1.78

$1.67 €1.44

23.95%

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

$35.2K €30.3K

$39.0K €33.6K

-9.73%

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

$38.6K €33.2K

$29.6K €25.5K

30.59%

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

$151 €130

$79.7 €68.7

89.55%

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

$20.91 €18.00

$20.75 €17.87

0.77%

Internet (50+ Mbps, Unlimited Data)

$39.54 €34.05

$29.33 €25.26

34.81%

Gym Membership (Monthly)

$48.39 €41.67

$48.07 €41.40

0.67%

Tennis Court (1 Hour on Weekend)

$18.61 €16.02

$14.93 €12.86

24.65%

Cinema Ticket

$9.04 €7.79

$9.33 €8.04

-3.11%

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

$610 €525

$529 €455

15.45%

International Primary School, 1 Child (Yearly)

$16.3K €14.0K

$6,524 €5,618

149.44%

Jeans (Levis 501 Or Similar)

$101 €87.2

$104 €89.6

-2.73%

Summer Dress (H&M, Zara, etc)

$40.58 €34.94

$52.4 €45.13

-22.57%

Sport Shoes (Adidas, Nike)

$93.0 €80.1

$108 €93.1

-13.92%

Men's Leather Business Shoes

$119 €102

$144 €124

-17.63%

1-bedroom Apartment, City Center (Monthly)

$1,603 €1,380

$848 €730

89.00%

1-bedroom Apartment, Outside City Center (Monthly)

$1,239 €1,067

$693 €597

78.79%

3-bedroom Apartment, City Center (Monthly)

$3,019 €2,599

$1,316 €1,133

129.44%

3-bedroom Apartment, Outside City Center (Monthly)

$2,061 €1,775

$1,008 €868

104.40%

Buy Apartment in City Center (m2)

$7,981 €6,872

$3,467 €2,986

130.17%

Buy Apartment Outside City Center (m2)

$4,533 €3,903

$2,108 €1,815

115.07%

Average Monthly Net Salary (After Tax)

$1,628 €1,402

$1,732 €1,491

-5.97%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

3.43

11.08%

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

Last update for Lisbon: June 15, 2026

Last update for Lanzarote: June 14, 2026

Cost Breakdown

A central one-bedroom costs $1,603 in Lisbon versus $848 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 6% 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 $62.0 in Lisbon versus $59.0 in Lanzarote. Groceries tell a different story – $268 in Lisbon vs $292 in Lanzarote – so Lisbon wins on supermarket bills even if dining out costs more.

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: $2,217 in Lisbon, $1,630 in Lanzarote – roughly 36% apart. Lisbon costs more across the board, with Eating Out showing the biggest gap.

For a comfortable life, plan on about $3,325 per month in Lisbon and $2,444 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,217 in Lisbon and $1,630 in Lanzarote. The difference isn't just one category – it shows up across housing, food, transport, and services.

Public transport costs about 33% less in Lanzarote. For daily commuters, that gap adds up to noticeable savings over a year.

A $3,000 monthly budget goes further in Lanzarote, where all-in costs run around $1,630, than in Lisbon at $2,217. In Lanzarote it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

It depends on your priorities. Lisbon has an edge in some lifestyle areas, with costs from $1,630 in Lanzarote to $2,217 in Lisbon. Climate, culture, job market, and personal taste all factor in.

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 Lanzarote. 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.