Cost of Living Comparison Between Lisbon and Njardvik Cost of Living Comparison Between Lisbon and Njardvik

Monthly Cost of Living

Monthly costs for one person with rent: $2,296 in Lisbon versus $3,130 in Njardvik.

Estimated couple costs with rent: $3,376 in Lisbon versus $4,952 in Njardvik.

Monthly costs for a family of three with rent: $4,457 in Lisbon versus $6,774 in Njardvik.

Living in Lisbon costs roughly 27% less than in Njardvik, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Lisbon 68% above, Njardvik 129% above.

Meal at Budget Restaurant

$17.59 €15.33

$25.22 ISK 3,072

-30.25%

Three-Course Dinner for Two, Mid-Range

$62.9 €54.8

$98.6 ISK 12.0K

-36.22%

Fast Food Meal (McDonalds, etc)

$11.58 €10.10

$16.48 ISK 2,007

-29.73%

Cappuccino

$3.10 €2.70

$6.49 ISK 790

-52.23%

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

$2.49 €2.17

$1.67 ISK 203

49.10%

Water (0.33 liter bottle)

$1.74 €1.52

$2.50 ISK 304

-30.40%

Local Beer (0.5 liter draught)

$3.48 €3.03

$10.65 ISK 1,297

-67.32%

Imported Beer (0.33 liter bottle)

$3.44 €3.00

$12.59 ISK 1,534

-72.68%

Milk (1 liter)

$1.15 €1.00

$2.03 ISK 247

-43.35%

White Bread (500g)

$1.91 €1.66

$4.34 ISK 529

-55.99%

Rice (white) (1kg)

$1.50 €1.31

$3.55 ISK 432

-57.75%

Eggs

$3.98 €3.47

$7.17 ISK 874

-44.49%

Local Cheese (1kg)

$13.29 €11.59

$21.03 ISK 2,562

-36.80%

Chicken Fillets (1kg)

$8.01 €6.98

$25.01 ISK 3,046

-67.97%

Beef Round Steak (1kg)

$18.04 €15.73

$42.55 ISK 5,183

-57.60%

Apples (1kg)

$2.35 €2.05

$3.46 ISK 422

-32.08%

Banana (1kg)

$1.75 €1.53

$2.85 ISK 347

-38.60%

Oranges (1kg)

$1.85 €1.62

$3.32 ISK 404

-44.28%

Tomato (1kg)

$2.55 €2.22

$6.51 ISK 793

-60.83%

Potato (1kg)

$1.84 €1.61

$4.14 ISK 505

-55.56%

Onion (1kg)

$2.10 €1.83

$1.63 ISK 199

28.83%

Lettuce (1 head)

$1.49 €1.30

$3.68 ISK 448

-59.51%

Water (1.5 liter bottle)

$0.82 €0.71

$1.81 ISK 221

-54.70%

Cigarettes 20 Pack (Marlboro, Camel)

$7.10 €6.19

$13.87 ISK 1,689

-48.81%

Wine (Bottle)

$5.91 €5.15

$23.74 ISK 2,892

-75.11%

Local Beer (0.5 liter bottle)

$1.31 €1.15

$3.80 ISK 463

-65.53%

Imported Beer (0.33 liter bottle)

$2.13 €1.86

$3.39 ISK 413

-37.17%

One-way Ticket (Public Transport)

$2.36 €2.05

Public Transport Monthly Pass (Regular Price)

$46.62 €40.63

Taxi Start (Normal Tariff)

$4.08 €3.55

$6.77 ISK 825

-39.73%

Taxi (Normal Tariff) (1km)

$1.14 €0.99

$2.93 ISK 357

-61.09%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.90

$75.4 ISK 9,178

-77.32%

Gasoline (1 liter)

$2.31 €2.01

$2.04 ISK 248

13.24%

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

$34.1K €29.7K

$51.0K ISK 6.2M

-33.10%

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

$41.4K €36.1K

$54.1K ISK 6.6M

-23.49%

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

$169 €147

$89.9 ISK 10.9K

87.49%

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

$19.33 €16.85

$32.46 ISK 3,953

-40.45%

Internet (50+ Mbps, Unlimited Data)

$33.51 €29.21

$86.1 ISK 10.5K

-61.08%

Gym Membership (Monthly)

$48.84 €42.57

$82.1 ISK 9,997

-40.50%

Tennis Court (1 Hour on Weekend)

$19.43 €16.94

Cinema Ticket

$9.57 €8.34

$19.92 ISK 2,426

-51.96%

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

$696 €607

$1,196 ISK 145.7K

-41.81%

International Primary School, 1 Child (Yearly)

$17.4K €15.1K

$30.8K ISK 3.8M

-43.70%

Jeans (Levis 501 Or Similar)

$105 €91.8

$125 ISK 15.3K

-16.01%

Summer Dress (H&M, Zara, etc)

$47.75 €41.62

$65.6 ISK 7,986

-27.18%

Sport Shoes (Adidas, Nike)

$101 €87.6

$177 ISK 21.6K

-43.18%

Men's Leather Business Shoes

$124 €108

$251 ISK 30.6K

-50.44%

1-bedroom Apartment, City Center (Monthly)

$1,662 €1,449

1-bedroom Apartment, Outside City Center (Monthly)

$1,246 €1,086

$1,463 ISK 178.3K

-14.85%

3-bedroom Apartment, City Center (Monthly)

$2,965 €2,584

3-bedroom Apartment, Outside City Center (Monthly)

$2,049 €1,786

$2,733 ISK 332.9K

-25.04%

Buy Apartment in City Center (m2)

$7,834 €6,829

Buy Apartment Outside City Center (m2)

$4,464 €3,892

Average Monthly Net Salary (After Tax)

$1,632 €1,422

$4,099 ISK 499.2K

-60.19%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

8.88

-57.43%

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

Last update for Lisbon: September 12, 2026

Last update for Njardvik: September 15, 2026

Cost Breakdown

Njardvik pays 151% 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 $99.0 in Njardvik for a mid-range dinner for two. Groceries echo the gap at $277 vs $628 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 Njardvik: Cost of Living - Frequently Asked Questions

Lisbon and Njardvik differ by about 36% in total monthly costs ($2,296 vs $3,130 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 151% lower in Njardvik. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Supermarket bills run roughly 127% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,296 per month in Lisbon versus $3,130 in Njardvik – a 36% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,296 in Lisbon versus $3,130 in Njardvik, a $3,000 budget is realistic in Lisbon but tight or insufficient in Njardvik. 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 Njardvik 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 36% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.