Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Masterton

For one person, living is cheaper in Masterton: $841 a month against $2,210 in Lisbon, rent and utilities included – about $16,400 less a year. Rent and utilities account for most of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
41

Cost of Living Index in Masterton
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Masterton Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Masterton

🇳🇿 New Zealand

$841

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Masterton

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $841 in Masterton.

Lisbon $2,210
Masterton $841

Estimated couple costs with rent: $3,275 in Lisbon versus $1,446 in Masterton.

Lisbon $3,275
Masterton $1,446

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $2,051 in Masterton.

Lisbon $4,341
Masterton $2,051

Living in Lisbon is roughly 163% more expensive than in Masterton, and outside of rent the biggest gap is in eating out.

The two cities straddle the global median: Lisbon is 62% above, Masterton is 38% below.

Meal at Budget Restaurant

$16.65 €14.91

$9.26 NZ$16.44

79.81%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.3

$65.0 NZ$115

-4.94%

Fast Food Meal (McDonalds, etc)

$11.36 €10.17

$8.77 NZ$15.58

29.53%

Cappuccino

$2.97 €2.66

$3.35 NZ$5.95

-11.34%

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

$2.29 €2.05

$1.95 NZ$3.46

17.44%

Water (0.33 liter bottle)

$1.74 €1.56

$1.11 NZ$1.97

56.76%

Local Beer (0.5 liter draught)

$3.40 €3.05

$3.96 NZ$7.04

-14.14%

Imported Beer (0.33 liter bottle)

$3.31 €2.96

$3.40 NZ$6.04

-2.65%

Milk (1 liter)

$1.16 €1.04

$1.46 NZ$2.59

-20.55%

White Bread (500g)

$1.91 €1.71

$2.13 NZ$3.77

-10.33%

Rice (white) (1kg)

$1.51 €1.35

$1.10 NZ$1.95

37.27%

Eggs

$4.02 €3.60

$6.49 NZ$11.51

-38.06%

Local Cheese (1kg)

$12.94 €11.59

$8.59 NZ$15.25

50.64%

Chicken Fillets (1kg)

$7.77 €6.96

$9.94 NZ$17.65

-21.83%

Beef Round Steak (1kg)

$17.76 €15.91

$15.03 NZ$26.69

18.16%

Apples (1kg)

$2.30 €2.06

$2.22 NZ$3.93

3.60%

Banana (1kg)

$1.73 €1.55

$1.81 NZ$3.21

-4.42%

Oranges (1kg)

$1.86 €1.66

$3.04 NZ$5.40

-38.82%

Tomato (1kg)

$2.59 €2.32

$4.48 NZ$7.95

-42.19%

Potato (1kg)

$1.82 €1.63

$1.51 NZ$2.69

20.53%

Onion (1kg)

$1.97 €1.76

$1.09 NZ$1.94

80.73%

Lettuce (1 head)

$1.47 €1.32

$1.71 NZ$3.04

-14.04%

Water (1.5 liter bottle)

$0.72 €0.65

$0.52 NZ$0.93

38.46%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.90

$19.90 NZ$35.33

-66.93%

Wine (Bottle)

$5.61 €5.02

$11.48 NZ$20.39

-51.13%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$0.88 NZ$1.56

54.55%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$1.22 NZ$2.17

75.41%

One-way Ticket (Public Transport)

$2.33 €2.09

$2.23 NZ$3.97

4.48%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.01

Taxi Start (Normal Tariff)

$3.85 €3.45

$1.89 NZ$3.36

103.70%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$1.80 NZ$3.20

-40.56%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.74

$33.98 NZ$60.3

-51.56%

Gasoline (1 liter)

$2.20 €1.97

$1.73 NZ$3.08

27.17%

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

$34.2K €30.6K

$22.9K NZ$40.6K

49.53%

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

$38.7K €34.7K

$23.9K NZ$42.4K

62.20%

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

$161 €144

$56.0 NZ$99.5

187.74%

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

$18.41 €16.49

$29.91 NZ$53.1

-38.45%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.32

$53.4 NZ$94.8

-38.67%

Gym Membership (Monthly)

$44.55 €39.90

$42.36 NZ$75.2

5.17%

Tennis Court (1 Hour on Weekend)

$19.10 €17.10

$8.22 NZ$14.59

132.36%

Cinema Ticket

$9.60 €8.60

$9.47 NZ$16.81

1.37%

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

$668 €598

$1,038 NZ$1,844

-35.70%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$13.3K NZ$23.6K

32.31%

Jeans (Levis 501 Or Similar)

$102 €91.4

$56.7 NZ$101

80.06%

Summer Dress (H&M, Zara, etc)

$44.46 €39.82

$28.47 NZ$50.6

56.16%

Sport Shoes (Adidas, Nike)

$98.5 €88.2

$105 NZ$186

-5.80%

Men's Leather Business Shoes

$124 €111

$141 NZ$250

-12.17%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,440

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,066

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,519

$1,019 NZ$1,809

176.04%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,803

Buy Apartment in City Center (m2)

$7,839 €7,021

Buy Apartment Outside City Center (m2)

$4,576 €4,098

Average Monthly Net Salary (After Tax)

$1,575 €1,411

$2,339 NZ$4,152

-32.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

5.39

-28.57%

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

Last update for Lisbon: October 27, 2026

Last update for Masterton: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Masterton

- * 0% 100%

Groceries & Markets

Lisbon

$272 12.3%

Masterton

$293 34.8% 7.5% $21

Eating Out

Lisbon

$243 11%

Masterton

$179 21.3% 26% $63

Monthly Utilities & Internet

Lisbon

$212 9.6%

Masterton

$139 16.6% 34.4% $73

Clothing & Footwear

Lisbon

$166 7.5%

Masterton

$149 17.7% 10.3% $17

Sport & Entertainment

Lisbon

$64 2.9%

Masterton

$61 7.3% 3.8% $2.4

Getting Around

Lisbon

$63 2.9%

Masterton

$20 * 2.4% 68.6% $43

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

Cost Breakdown

Masterton pays 48% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $62 in Lisbon vs $65 in Masterton for a mid-range dinner for two. Groceries echo the gap at $272 vs $293 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇳🇿 Masterton

🕒 Local time

20:34 8:34 PM

09:34 9:34 AM

13 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

26,800

💱 Currency

Euro EUR €

New Zealand Dollar NZD $

📈 Exchange rate

1 EUR = 1.12 USD

1 NZD = 0.563 USD

1 NZD = 0.504 EUR

Exchange rates and currency converter

NZD, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 31, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

New Zealand Dollar exchange rates as of October 31, 2026: 1 USD = 1.78 NZD (1 NZD = 0.563 USD). 1 EUR = 1.98 NZD (1 NZD = 0.504 EUR).

USD to EUR in detail →

On the map

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Highest

Between locations

Lisbon Masterton 19,540 km ≈ 25 h nonstop flight

From you

Lisbon
Masterton

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 Masterton: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,210 in Lisbon and $841 in Masterton, so Masterton is about 62% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 33% lower in Lisbon. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Shoppers in Lisbon pay roughly 7% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $2,210 per month in Lisbon versus $841 in Masterton – Masterton is about 62% cheaper, which adds up to real savings over time.

At $841 in Masterton versus $2,210 in Lisbon, a $1,000 budget is realistic in Masterton but tight or insufficient in Lisbon. The gap between the two cities makes Masterton the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Lisbon and Masterton are both considered safe, so it’s unlikely to be the deciding factor between them.