Cost of Living Comparison Between Lisbon and Monte Carlo Cost of Living Comparison Between Lisbon and Monte Carlo

Monthly Cost of Living

Monthly costs for one person with rent: $2,291 in Lisbon versus $5,235 in Monte Carlo.

Estimated couple costs with rent: $3,322 in Lisbon versus $9,438 in Monte Carlo.

Monthly costs for a family of three with rent: $4,354 in Lisbon versus $13.6K in Monte Carlo.

Living in Lisbon costs roughly 56% less than in Monte Carlo, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Lisbon 71% above, Monte Carlo 292% above.

Currency
🍽 Eating Out
Lisbon
Monte Carlo
Difference
Meal at Budget Restaurant
$16.19 €14.15
$55.9 €48.84
-71.04%
Three-Course Dinner for Two, Mid-Range
$63.3 €55.3
$123 €107
-48.39%
Fast Food Meal (McDonalds, etc)
$10.32 €9.02
$10.94 €9.56
-5.67%
Cappuccino
$2.83 €2.47
$4.36 €3.81
-35.09%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.29 €2.00
$7.22 €6.31
-68.28%
Water (0.33 liter bottle)
$1.58 €1.38
$8.22 €7.18
-80.78%
Local Beer (0.5 liter draught)
$3.40 €2.97
$10.56 €9.23
-67.80%
Imported Beer (0.33 liter bottle)
$4.03 €3.52
$12.77 €11.16
-68.44%
🛒 Groceries & Markets
Lisbon
Monte Carlo
Difference
Milk (1 liter)
$1.09 €0.95
$2.29 €2.00
-52.40%
White Bread (500g)
$1.75 €1.53
$5.30 €4.63
-66.98%
Rice (white) (1kg)
$1.76 €1.54
$4.64 €4.05
-62.07%
Eggs
$3.17 €2.77
$4.78 €4.17
-33.68%
Local Cheese (1kg)
$13.19 €11.53
-
-
Chicken Fillets (1kg)
$7.97 €6.96
$17.38 €15.18
-54.14%
Beef Round Steak (1kg)
$15.53 €13.57
$22.83 €19.95
-31.98%
Apples (1kg)
$2.37 €2.07
$6.55 €5.72
-63.82%
Banana (1kg)
$1.71 €1.49
$7.70 €6.73
-77.79%
Oranges (1kg)
$2.01 €1.75
$5.07 €4.43
-60.36%
Tomato (1kg)
$2.43 €2.12
$8.49 €7.41
-71.38%
Potato (1kg)
$1.76 €1.54
$5.70 €4.98
-69.12%
Onion (1kg)
$2.03 €1.78
$5.83 €5.09
-65.18%
Lettuce (1 head)
$1.92 €1.68
$5.10 €4.45
-62.35%
Water (1.5 liter bottle)
$0.85 €0.74
$6.31 €5.51
-86.53%
Cigarettes 20 Pack (Marlboro, Camel)
$6.58 €5.75
$12.81 €11.20
-48.63%
Wine (Bottle)
$5.58 €4.87
$17.26 €15.08
-67.67%
Local Beer (0.5 liter bottle)
$1.33 €1.16
$2.04 €1.78
-34.80%
Imported Beer (0.33 liter bottle)
$2.97 €2.60
$4.54 €3.97
-34.58%
🚌 Getting Around
Lisbon
Monte Carlo
Difference
One-way Ticket (Public Transport)
$2.28 €1.99
$2.00 €1.75
14.00%
Public Transport Monthly Pass (Regular Price)
$45.79 €40.01
$38.32 €33.48
19.49%
Taxi Start (Normal Tariff)
$4.23 €3.69
$5.68 €4.97
-25.53%
Taxi (Normal Tariff) (1km)
$0.81 €0.71
$2.11 €1.85
-61.61%
Taxi 1hour Waiting (Normal Tariff)
$18.44 €16.11
$113 €99.1
-83.75%
Gasoline (1 liter)
$2.08 €1.82
$2.55 €2.23
-18.43%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.7K €30.3K
$55.5K €48.5K
-37.48%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.2K €34.2K
$44.3K €38.7K
-11.64%
🧾 Monthly Utilities & Internet
Lisbon
Monte Carlo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$148 €129
$496 €433
-70.14%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.46 €17.88
$61.1 €53.4
-66.50%
Internet (50+ Mbps, Unlimited Data)
$39.56 €34.56
$101 €88.0
-60.70%
🎉 Sport & Entertainment
Lisbon
Monte Carlo
Difference
Gym Membership (Monthly)
$47.99 €41.93
$550 €481
-91.28%
Tennis Court (1 Hour on Weekend)
$18.60 €16.25
$57.1 €49.92
-67.45%
Cinema Ticket
$9.22 €8.06
$18.54 €16.20
-50.27%
🧸 Childcare & Education
Lisbon
Monte Carlo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$616 €538
$3,710 €3,242
-83.39%
International Primary School, 1 Child (Yearly)
$16.4K €14.4K
$17.5K €15.3K
-6.20%
👕👟 Clothing & Footwear
Lisbon
Monte Carlo
Difference
Jeans (Levis 501 Or Similar)
$103 €89.7
$233 €203
-55.84%
Summer Dress (H&M, Zara, etc)
$41.74 €36.47
$80.1 €70.0
-47.88%
Sport Shoes (Adidas, Nike)
$94.8 €82.8
$203 €178
-53.41%
Men's Leather Business Shoes
$122 €107
$288 €252
-57.66%
🏠 Accommodation & Living
Lisbon
Monte Carlo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,633 €1,426
$2,480 €2,166
-34.16%
1-bedroom Apartment, Outside City Center (Monthly)
$1,232 €1,077
$2,271 €1,985
-45.75%
3-bedroom Apartment, City Center (Monthly)
$3,098 €2,707
$7,897 €6,900
-60.77%
3-bedroom Apartment, Outside City Center (Monthly)
$2,031 €1,775
$7,623 €6,660
-73.35%
Buy Apartment in City Center (m2)
$7,831 €6,842
$66.2K €57.8K
-88.17%
Buy Apartment Outside City Center (m2)
$4,389 €3,835
$53.0K €46.3K
-91.71%
💵 Salaries & Financials
Lisbon
Monte Carlo
Difference
Average Monthly Net Salary (After Tax)
$1,607 €1,404
$8,643 €7,551
-81.40%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.81
2
90.50%

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

Last update for Lisbon: July 14, 2026

Last update for Monte Carlo: July 12, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,633 in Lisbon and $2,480 in Monte Carlo. Housing cost is often the main lever when comparing two cities.

Monte Carlo pays 438% 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: $63.0 in Lisbon vs $123 in Monte Carlo for a mid-range dinner for two. Groceries echo the gap at $267 vs $589 per month, with Lisbon cheaper across the board.

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
What is the total cost difference between living in Lisbon and in Monte Carlo?
Lisbon and Monte Carlo differ by about 128% in total monthly costs ($2,291 vs $5,235 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 438% 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.
How do apartment prices compare in Lisbon and in Monte Carlo?
Rent for a central apartment: $1,633 in Lisbon versus $2,480 in Monte Carlo. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Lisbon and Monte Carlo?
Childcare runs $616 in Lisbon versus $3,710 in Monte Carlo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Supermarket bills run roughly 120% higher in Monte Carlo. For households that cook at home regularly, that difference adds up over a month.
Which city is feasible on a $3,000 budget?
Both cities are expensive relative to $3,000. Lisbon is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.
How does quality of life compare between Lisbon and Monte Carlo?
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.
Is Lisbon or Monte Carlo safer for residents?
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.
Where should expats move: Lisbon or Monte Carlo?
Expats usually find Lisbon gentler on the wallet – expenses run 128% less than in Monte Carlo. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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