Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Monte Carlo

For one person, living is cheaper in Lisbon: $2,202 a month against $8,169 in Monte Carlo, rent and utilities included – about $71,600 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
398

Cost of Living Index in Monte Carlo
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Monte Carlo Living Index

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Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Monte Carlo

🇲🇨 Monaco

$8,169

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Monte Carlo

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

Monthly costs for one person with rent: $2,202 in Lisbon versus $8,169 in Monte Carlo.

Lisbon $2,202
Monte Carlo $8,169

Estimated couple costs with rent: $3,274 in Lisbon versus $12.8K in Monte Carlo.

Lisbon $3,274
Monte Carlo $12.8K

Monthly costs for a family of three with rent: $4,346 in Lisbon versus $17.3K in Monte Carlo.

Lisbon $4,346
Monte Carlo $17.3K

Living in Lisbon costs roughly 73% less than in Monte Carlo, and outside of rent the biggest gap is in leisure.

Both cities are pricier than the global median: Lisbon 62% above, Monte Carlo 503% above.

Meal at Budget Restaurant

$17.04 €15.15

$41.62 €37.02

-59.06%

Three-Course Dinner for Two, Mid-Range

$62.3 €55.4

$127 €113

-50.98%

Fast Food Meal (McDonalds, etc)

$11.02 €9.80

$11.08 €9.85

-0.54%

Cappuccino

$3.12 €2.78

$4.27 €3.79

-26.93%

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

$2.27 €2.02

$9.08 €8.07

-75.00%

Water (0.33 liter bottle)

$1.74 €1.55

$10.69 €9.51

-83.72%

Local Beer (0.5 liter draught)

$3.42 €3.04

$9.93 €8.83

-65.56%

Imported Beer (0.33 liter bottle)

$3.74 €3.33

$13.86 €12.33

-73.02%

Milk (1 liter)

$1.17 €1.04

$2.27 €2.02

-48.46%

White Bread (500g)

$1.86 €1.66

$4.91 €4.36

-62.12%

Rice (white) (1kg)

$1.54 €1.37

$4.62 €4.11

-66.67%

Eggs

$4.06 €3.61

$4.58 €4.07

-11.35%

Local Cheese (1kg)

$12.91 €11.49

$20.91 €18.60

-38.26%

Chicken Fillets (1kg)

$7.90 €7.03

$17.00 €15.12

-53.53%

Beef Round Steak (1kg)

$17.64 €15.69

$22.58 €20.08

-21.88%

Apples (1kg)

$2.26 €2.01

$6.35 €5.65

-64.41%

Banana (1kg)

$1.75 €1.55

$7.24 €6.44

-75.83%

Oranges (1kg)

$1.89 €1.68

$4.72 €4.20

-59.96%

Tomato (1kg)

$2.56 €2.27

$8.62 €7.66

-70.30%

Potato (1kg)

$1.85 €1.64

$5.72 €5.09

-67.66%

Onion (1kg)

$1.97 €1.75

$5.52 €4.91

-64.31%

Lettuce (1 head)

$1.45 €1.29

$4.96 €4.41

-70.77%

Water (1.5 liter bottle)

$0.77 €0.69

$6.05 €5.38

-87.27%

Cigarettes 20 Pack (Marlboro, Camel)

$6.71 €5.97

$12.16 €10.82

-44.82%

Wine (Bottle)

$5.67 €5.04

$16.59 €14.76

-65.82%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$2.01 €1.78

-31.84%

Imported Beer (0.33 liter bottle)

$2.11 €1.88

$4.39 €3.91

-51.94%

One-way Ticket (Public Transport)

$2.32 €2.07

$1.90 €1.69

22.11%

Public Transport Monthly Pass (Regular Price)

$44.43 €39.52

$37.52 €33.38

18.42%

Taxi Start (Normal Tariff)

$3.95 €3.51

$5.65 €5.03

-30.09%

Taxi (Normal Tariff) (1km)

$1.05 €0.93

$2.20 €1.96

-52.27%

Taxi 1hour Waiting (Normal Tariff)

$17.15 €15.26

$112 €99.6

-84.68%

Gasoline (1 liter)

$2.19 €1.95

$2.40 €2.14

-8.75%

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

$33.8K €30.0K

$53.6K €47.7K

-37.00%

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

$38.3K €34.0K

$43.4K €38.6K

-11.75%

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

$164 €146

$529 €470

-69.01%

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

$18.48 €16.43

$59.8 €53.2

-69.12%

Internet (50+ Mbps, Unlimited Data)

$32.96 €29.32

$95.0 €84.5

-65.31%

Gym Membership (Monthly)

$45.87 €40.80

$528 €470

-91.31%

Tennis Court (1 Hour on Weekend)

$18.68 €16.61

$55.5 €49.37

-66.35%

Cinema Ticket

$9.75 €8.67

$17.70 €15.75

-44.92%

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

$684 €608

$3,580 €3,184

-80.89%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$16.6K €14.8K

5.89%

Jeans (Levis 501 Or Similar)

$104 €92.3

$220 €196

-52.84%

Summer Dress (H&M, Zara, etc)

$46.20 €41.09

$77.7 €69.1

-40.56%

Sport Shoes (Adidas, Nike)

$99.7 €88.7

$194 €173

-48.69%

Men's Leather Business Shoes

$125 €111

$282 €251

-55.75%

1-bedroom Apartment, City Center (Monthly)

$1,589 €1,414

$2,768 €2,462

-42.58%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 €1,040

$5,304 €4,718

-77.96%

3-bedroom Apartment, City Center (Monthly)

$2,851 €2,536

$11.0K €9,821

-74.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,993 €1,773

$11.3K €10.0K

-82.31%

Buy Apartment in City Center (m2)

$7,793 €6,932

$104.7K €93.1K

-92.56%

Buy Apartment Outside City Center (m2)

$4,418 €3,930

$84.3K €75.0K

-94.76%

Average Monthly Net Salary (After Tax)

$1,600 €1,423

$8,681 €7,722

-81.57%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

92.50%

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

Last update for Lisbon: October 19, 2026

Last update for Monte Carlo: October 18, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.1%

Monte Carlo

$5.3K 64.9% 354% $4.1K

Groceries & Markets

Lisbon

$273 12.4%

Monte Carlo

$634 7.8% 132% $361

Eating Out

Lisbon

$247 11.2%

Monte Carlo

$574 7% 132% $326

Monthly Utilities & Internet

Lisbon

$215 9.8%

Monte Carlo

$683 8.4% 218% $468

Clothing & Footwear

Lisbon

$168 7.7%

Monte Carlo

$348 4.3% 107% $180

Sport & Entertainment

Lisbon

$65 3%

Monte Carlo

$563 6.9% 762% $498

Getting Around

Lisbon

$63 2.9%

Monte Carlo

$62 0.8% 1.8% $1.1

Cost Breakdown

A one-bedroom apartment in the center runs $1,589 in Lisbon and $2,768 in Monte Carlo. Housing cost is often the main lever when comparing two cities.

Monte Carlo pays 443% 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 $127 in Monte Carlo for a mid-range dinner for two. Groceries echo the gap at $273 vs $634 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇲🇨 Monte Carlo

🕒 Local time

23:06 11:06 PM

00:06 12:06 AM

1 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

15,507

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

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

From you

Lisbon
Monte Carlo

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 Monte Carlo: Cost of Living - Frequently Asked Questions

Lisbon and Monte Carlo differ by about 271% in total monthly costs ($2,202 vs $8,169 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 443% lower in Monte Carlo. 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 $2,768 in Monte Carlo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $684 in Lisbon versus $3,580 in Monte Carlo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 132% higher in Monte Carlo. For households that cook at home regularly, that difference adds up over a month.

At $2,202 in Lisbon versus $8,169 in Monte Carlo, a $3,000 budget is realistic in Lisbon but tight or insufficient in Monte Carlo. 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 Monte Carlo 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 271% less than in Monte Carlo. Beyond cost, consider language, visa policies, and how big the international community is in each city.