Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Monaco

For one person, living is cheaper in Lisbon: $2,202 a month against $10.4K in Monaco, rent and utilities included – about $98,600 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
504

Cost of Living Index in Monaco
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Monaco Living Index

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Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Monaco

🇲🇨 Monaco

$10.4K

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Monaco

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

Monthly costs for one person with rent: $2,202 in Lisbon versus $10.4K in Monaco.

Lisbon $2,202
Monaco $10.4K

Estimated couple costs with rent: $3,274 in Lisbon versus $11.9K in Monaco.

Lisbon $3,274
Monaco $11.9K

Monthly costs for a family of three with rent: $4,346 in Lisbon versus $13.4K in Monaco.

Lisbon $4,346
Monaco $13.4K

Living in Lisbon costs roughly 79% less than in Monaco, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Lisbon 62% above, Monaco 669% above.

Meal at Budget Restaurant

$17.04 €15.15

$19.81 €17.62

-13.98%

Three-Course Dinner for Two, Mid-Range

$62.3 €55.4

$166 €148

-62.49%

Fast Food Meal (McDonalds, etc)

$11.02 €9.80

$12.38 €11.01

-10.99%

Cappuccino

$3.12 €2.78

$3.61 €3.21

-13.57%

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

$2.27 €2.02

$6.11 €5.43

-62.85%

Water (0.33 liter bottle)

$1.74 €1.55

$4.57 €4.07

-61.93%

Local Beer (0.5 liter draught)

$3.42 €3.04

$9.98 €8.87

-65.73%

Imported Beer (0.33 liter bottle)

$3.74 €3.33

$8.70 €7.74

-57.01%

Milk (1 liter)

$1.17 €1.04

$1.82 €1.62

-35.71%

White Bread (500g)

$1.86 €1.66

$3.24 €2.88

-42.59%

Rice (white) (1kg)

$1.54 €1.37

$4.08 €3.63

-62.25%

Eggs

$4.06 €3.61

$4.97 €4.42

-18.31%

Local Cheese (1kg)

$12.91 €11.49

$13.90 €12.36

-7.12%

Chicken Fillets (1kg)

$7.90 €7.03

$16.91 €15.04

-53.28%

Beef Round Steak (1kg)

$17.64 €15.69

$18.47 €16.43

-4.49%

Apples (1kg)

$2.26 €2.01

$3.25 €2.89

-30.46%

Banana (1kg)

$1.75 €1.55

$2.73 €2.43

-35.90%

Oranges (1kg)

$1.89 €1.68

$2.69 €2.39

-29.74%

Tomato (1kg)

$2.56 €2.27

$3.57 €3.17

-28.29%

Potato (1kg)

$1.85 €1.64

$2.37 €2.10

-21.94%

Onion (1kg)

$1.97 €1.75

$2.85 €2.54

-30.88%

Lettuce (1 head)

$1.45 €1.29

$1.89 €1.68

-23.28%

Water (1.5 liter bottle)

$0.77 €0.69

$7.79 €6.93

-90.12%

Cigarettes 20 Pack (Marlboro, Camel)

$6.71 €5.97

$14.26 €12.69

-52.95%

Wine (Bottle)

$5.67 €5.04

$6.61 €5.88

-14.22%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$1.56 €1.39

-12.18%

Imported Beer (0.33 liter bottle)

$2.11 €1.88

$4.40 €3.92

-52.05%

One-way Ticket (Public Transport)

$2.32 €2.07

$2.27 €2.02

2.20%

Public Transport Monthly Pass (Regular Price)

$44.43 €39.52

$23.50 €20.90

89.06%

Taxi Start (Normal Tariff)

$3.95 €3.51

Taxi (Normal Tariff) (1km)

$1.05 €0.93

$1.61 €1.43

-34.78%

Taxi 1hour Waiting (Normal Tariff)

$17.15 €15.26

$90.6 €80.6

-81.08%

Gasoline (1 liter)

$2.19 €1.95

$2.23 €1.98

-1.79%

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

$33.8K €30.0K

$48.8K €43.4K

-30.74%

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

$38.3K €34.0K

$38.4K €34.2K

-0.38%

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

$164 €146

$424 €377

-61.32%

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

$18.48 €16.43

$42.44 €37.75

-56.46%

Internet (50+ Mbps, Unlimited Data)

$32.96 €29.32

$62.7 €55.7

-47.39%

Gym Membership (Monthly)

$45.87 €40.80

$229 €204

-79.96%

Tennis Court (1 Hour on Weekend)

$18.68 €16.61

$52.6 €46.74

-64.45%

Cinema Ticket

$9.75 €8.67

$13.53 €12.03

-27.94%

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

$684 €608

$2,155 €1,917

-68.25%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$44.4K €39.5K

-60.29%

Jeans (Levis 501 Or Similar)

$104 €92.3

$152 €136

-31.95%

Summer Dress (H&M, Zara, etc)

$46.20 €41.09

$82.0 €72.9

-43.66%

Sport Shoes (Adidas, Nike)

$99.7 €88.7

$170 €151

-41.39%

Men's Leather Business Shoes

$125 €111

$722 €642

-82.72%

1-bedroom Apartment, City Center (Monthly)

$1,589 €1,414

$9,333 €8,302

-82.97%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 €1,040

$8,266 €7,353

-85.86%

3-bedroom Apartment, City Center (Monthly)

$2,851 €2,536

$16.5K €14.7K

-82.76%

3-bedroom Apartment, Outside City Center (Monthly)

$1,993 €1,773

$8,429 €7,498

-76.35%

Buy Apartment in City Center (m2)

$7,793 €6,932

$72.1K €64.2K

-89.20%

Buy Apartment Outside City Center (m2)

$4,418 €3,930

$55.0K €48.9K

-91.97%

Average Monthly Net Salary (After Tax)

$1,600 €1,423

$8,751 €7,784

-81.72%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

3.25

18.46%

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

Last update for Lisbon: October 19, 2026

Last update for Monaco: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.1%

Monaco

$8.3K 79.3% 607% $7.1K

Groceries & Markets

Lisbon

$273 12.4%

Monaco

$473 4.5% 73.4% $200

Eating Out

Lisbon

$247 11.2%

Monaco

$349 3.4% 41% $102

Monthly Utilities & Internet

Lisbon

$215 9.8%

Monaco

$529 5.1% 146% $313

Clothing & Footwear

Lisbon

$168 7.7%

Monaco

$507 4.9% 201% $338

Sport & Entertainment

Lisbon

$65 3%

Monaco

$256 2.5% 292% $191

Getting Around

Lisbon

$63 2.9%

Monaco

$41 * 0.4% 35.4% $22

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

Cost Breakdown

A one-bedroom apartment in the center runs $1,589 in Lisbon and $9,333 in Monaco. Housing cost is often the main lever when comparing two cities.

Monaco pays 447% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $62.0 in Lisbon vs $166 in Monaco for a mid-range dinner for two. Groceries echo the gap at $273 vs $473 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇲🇨 Monaco

🕒 Local time

13:30 1:30 PM

14:30 2:30 PM

1 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

39,050 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Highest

Between locations

Lisbon Monaco 1,490 km ≈ 2 h 15 min nonstop flight

From you

Lisbon
Monaco

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 Monaco: Cost of Living - Frequently Asked Questions

Lisbon and Monaco differ by about 373% in total monthly costs ($2,202 vs $10.4K including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 447% lower in Monaco. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,589 in Lisbon versus $9,333 in Monaco. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $684 in Lisbon versus $2,155 in Monaco. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 73% higher in Monaco. For households that cook at home regularly, that difference adds up over a month.

At $2,202 in Lisbon versus $10.4K in Monaco, a $3,000 budget is realistic in Lisbon but tight or insufficient in Monaco. The gap between the two cities makes Lisbon 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 Monaco are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Lisbon gentler on the wallet – expenses run 373% less than in Monaco. Beyond cost, consider language, visa policies, and how big the international community is in each city.