Cost of Living Comparison Between Lisbon and Okotoks Cost of Living Comparison Between Lisbon and Okotoks

Monthly Cost of Living

Monthly costs for one person with rent: $2,296 in Lisbon versus $2,274 in Okotoks.

Estimated couple costs with rent: $3,376 in Lisbon versus $3,175 in Okotoks.

Monthly costs for a family of three with rent: $4,457 in Lisbon versus $4,076 in Okotoks.

Living in Lisbon is roughly 1% more expensive than in Okotoks, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Lisbon 68% above, Okotoks 66% above.

Meal at Budget Restaurant

$17.59 €15.31

$10.72 CA$14.99

64.09%

Three-Course Dinner for Two, Mid-Range

$62.9 €54.7

$78.3 CA$109

-19.68%

Fast Food Meal (McDonalds, etc)

$11.58 €10.08

$10.00 CA$13.98

15.80%

Cappuccino

$3.10 €2.70

$4.00 CA$5.60

-22.50%

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

$2.49 €2.17

$1.60 CA$2.24

55.63%

Water (0.33 liter bottle)

$1.74 €1.52

$1.64 CA$2.30

6.10%

Local Beer (0.5 liter draught)

$3.48 €3.03

$5.13 CA$7.18

-32.16%

Imported Beer (0.33 liter bottle)

$3.44 €3.00

$4.96 CA$6.93

-30.65%

Milk (1 liter)

$1.15 €1.00

$1.58 CA$2.20

-27.22%

White Bread (500g)

$1.91 €1.66

$2.20 CA$3.08

-13.18%

Rice (white) (1kg)

$1.50 €1.31

$2.96 CA$4.14

-49.32%

Eggs

$3.98 €3.47

$3.60 CA$5.04

10.56%

Local Cheese (1kg)

$13.29 €11.57

$11.11 CA$15.53

19.62%

Chicken Fillets (1kg)

$8.01 €6.97

$11.40 CA$15.94

-29.74%

Beef Round Steak (1kg)

$18.04 €15.70

$18.59 CA$26.00

-2.96%

Apples (1kg)

$2.35 €2.05

$3.97 CA$5.55

-40.81%

Banana (1kg)

$1.75 €1.52

$1.29 CA$1.80

35.66%

Oranges (1kg)

$1.85 €1.61

$4.33 CA$6.06

-57.27%

Tomato (1kg)

$2.55 €2.22

$4.09 CA$5.71

-37.65%

Potato (1kg)

$1.84 €1.60

$2.17 CA$3.03

-15.21%

Onion (1kg)

$2.10 €1.83

$1.91 CA$2.68

9.95%

Lettuce (1 head)

$1.49 €1.29

$2.48 CA$3.47

-39.92%

Water (1.5 liter bottle)

$0.82 €0.71

$1.86 CA$2.61

-55.91%

Cigarettes 20 Pack (Marlboro, Camel)

$7.10 €6.18

$12.57 CA$17.58

-43.52%

Wine (Bottle)

$5.91 €5.14

$11.74 CA$16.42

-49.66%

Local Beer (0.5 liter bottle)

$1.31 €1.14

$3.61 CA$5.04

-63.71%

Imported Beer (0.33 liter bottle)

$2.13 €1.85

$3.00 CA$4.20

-29.00%

One-way Ticket (Public Transport)

$2.36 €2.05

$2.47 CA$3.46

-4.45%

Public Transport Monthly Pass (Regular Price)

$46.62 €40.57

$54.7 CA$76.5

-14.77%

Taxi Start (Normal Tariff)

$4.08 €3.55

$2.88 CA$4.03

41.67%

Taxi (Normal Tariff) (1km)

$1.14 €0.99

$1.37 CA$1.91

-16.79%

Taxi 1hour Waiting (Normal Tariff)

$17.09 €14.88

$21.27 CA$29.75

-19.65%

Gasoline (1 liter)

$2.31 €2.01

$1.04 CA$1.45

122.12%

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

$34.1K €29.7K

$27.9K CA$39.1K

22.18%

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

$41.4K €36.0K

$19.6K CA$27.5K

110.80%

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

$169 €147

$226 CA$315

-25.26%

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

$19.33 €16.82

$41.51 CA$58.1

-53.43%

Internet (50+ Mbps, Unlimited Data)

$33.51 €29.17

$56.0 CA$78.4

-40.19%

Gym Membership (Monthly)

$48.84 €42.50

$26.91 CA$37.64

81.49%

Tennis Court (1 Hour on Weekend)

$19.43 €16.91

Cinema Ticket

$9.57 €8.33

$12.34 CA$17.25

-22.45%

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

$696 €606

$761 CA$1,065

-8.57%

International Primary School, 1 Child (Yearly)

$17.4K €15.1K

$9,820 CA$13.7K

76.71%

Jeans (Levis 501 Or Similar)

$105 €91.6

$41.58 CA$58.2

153.22%

Summer Dress (H&M, Zara, etc)

$47.75 €41.56

$47.74 CA$66.8

0.02%

Sport Shoes (Adidas, Nike)

$101 €87.5

$61.0 CA$85.3

64.94%

Men's Leather Business Shoes

$124 €108

$72.8 CA$102

70.97%

1-bedroom Apartment, City Center (Monthly)

$1,662 €1,446

$1,225 CA$1,714

35.61%

1-bedroom Apartment, Outside City Center (Monthly)

$1,246 €1,085

$1,155 CA$1,615

7.92%

3-bedroom Apartment, City Center (Monthly)

$2,965 €2,580

$1,716 CA$2,400

72.78%

3-bedroom Apartment, Outside City Center (Monthly)

$2,049 €1,783

$1,621 CA$2,267

26.39%

Buy Apartment in City Center (m2)

$7,834 €6,818

$3,167 CA$4,429

147.38%

Buy Apartment Outside City Center (m2)

$4,464 €3,885

$3,093 CA$4,326

44.34%

Average Monthly Net Salary (After Tax)

$1,632 €1,420

$2,988 CA$4,180

-45.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.78

4.32

-12.50%

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

Last update for Lisbon: September 12, 2026

Last update for Okotoks: September 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,662 in Lisbon and $1,225 in Okotoks. Housing cost is often the main lever when comparing two cities.

Okotoks pays 83% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $63.0 in Lisbon vs $78.0 in Okotoks for a mid-range dinner for two. Groceries echo the gap at $277 vs $366 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 Okotoks: Cost of Living - Frequently Asked Questions

Lisbon and Okotoks differ by about 1% in total monthly costs ($2,296 vs $2,274 including rent). Okotoks is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 83% lower in Okotoks. 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: $1,662 in Lisbon versus $1,225 in Okotoks. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $696 in Lisbon versus $761 in Okotoks. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 32% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $2,274 in Okotoks versus $2,296 in Lisbon, a $3,000 budget is realistic in Okotoks but tight or insufficient in Lisbon. The gap between the two cities makes Okotoks 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 Okotoks 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 Okotoks gentler on the wallet – expenses run 1% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.