Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Palaio Faliro, Athens

For one person, living is cheaper in Palaio Faliro, Athens: $1,689 a month against $2,223 in Lisbon, rent and utilities included – about $6,400 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
83

Cost of Living Index in Palaio Faliro, Athens
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Palaio Faliro, Athens Living Index

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Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Palaio Faliro, Athens

🇬🇷 Greece

$1,689

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Palaio Faliro, Athens

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 Palaio Faliro, Athens actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,223 in Lisbon versus $1,689 in Palaio Faliro, Athens.

Lisbon $2,223
Palaio Faliro, Athens $1,689

Estimated couple costs with rent: $3,271 in Lisbon versus $2,619 in Palaio Faliro, Athens.

Lisbon $3,271
Palaio Faliro, Athens $2,619

Monthly costs for a family of three with rent: $4,319 in Lisbon versus $3,549 in Palaio Faliro, Athens.

Lisbon $4,319
Palaio Faliro, Athens $3,549

Living in Lisbon is roughly 32% more expensive than in Palaio Faliro, Athens, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lisbon 65% above, Palaio Faliro, Athens 25% above.

Meal at Budget Restaurant

$16.50 €14.67

$12.69 €11.29

30.02%

Three-Course Dinner for Two, Mid-Range

$61.3 €54.5

$55.6 €49.45

10.18%

Fast Food Meal (McDonalds, etc)

$11.27 €10.03

$10.19 €9.06

10.60%

Cappuccino

$3.06 €2.72

$2.99 €2.66

2.34%

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

$2.26 €2.01

$2.44 €2.17

-7.38%

Water (0.33 liter bottle)

$1.73 €1.54

$0.50 €0.44

246.00%

Local Beer (0.5 liter draught)

$3.39 €3.02

$4.86 €4.33

-30.25%

Imported Beer (0.33 liter bottle)

$3.40 €3.02

$5.22 €4.64

-34.87%

Milk (1 liter)

$1.12 €1.00

$1.82 €1.61

-38.46%

White Bread (500g)

$1.86 €1.65

$1.27 €1.13

46.46%

Rice (white) (1kg)

$1.53 €1.36

$2.11 €1.88

-27.49%

Eggs

$3.96 €3.53

$2.90 €2.58

36.55%

Local Cheese (1kg)

$12.76 €11.35

$16.09 €14.31

-20.70%

Chicken Fillets (1kg)

$7.90 €7.02

$12.42 €11.05

-36.39%

Beef Round Steak (1kg)

$16.97 €15.09

$13.89 €12.35

22.17%

Apples (1kg)

$2.27 €2.02

$1.93 €1.71

17.62%

Banana (1kg)

$1.75 €1.55

$1.77 €1.57

-1.13%

Oranges (1kg)

$1.85 €1.64

$1.22 €1.08

51.64%

Tomato (1kg)

$2.57 €2.28

$1.73 €1.54

48.55%

Potato (1kg)

$1.86 €1.65

$0.91 €0.81

104.40%

Onion (1kg)

$2.02 €1.80

$0.83 €0.74

143.37%

Lettuce (1 head)

$1.44 €1.28

$0.81 €0.72

77.78%

Water (1.5 liter bottle)

$0.82 €0.73

$0.83 €0.74

-1.20%

Cigarettes 20 Pack (Marlboro, Camel)

$6.56 €5.83

$5.35 €4.76

22.62%

Wine (Bottle)

$5.62 €5.00

$12.47 €11.09

-54.93%

Local Beer (0.5 liter bottle)

$1.28 €1.14

$1.92 €1.71

-33.33%

Imported Beer (0.33 liter bottle)

$2.07 €1.84

$2.62 €2.33

-20.99%

One-way Ticket (Public Transport)

$2.35 €2.09

$1.54 €1.37

52.60%

Public Transport Monthly Pass (Regular Price)

$44.18 €39.30

$45.00 €40.03

-1.82%

Taxi Start (Normal Tariff)

$3.99 €3.55

$4.15 €3.69

-3.86%

Taxi (Normal Tariff) (1km)

$1.09 €0.97

$1.18 €1.05

-7.63%

Taxi 1hour Waiting (Normal Tariff)

$16.64 €14.81

$17.37 €15.45

-4.20%

Gasoline (1 liter)

$2.28 €2.03

$1.94 €1.73

17.53%

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

$33.7K €30.0K

$27.5K €24.5K

22.33%

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

$39.3K €35.0K

$25.5K €22.7K

54.21%

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

$167 €149

$209 €186

-19.87%

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

$18.80 €16.72

$31.96 €28.43

-41.18%

Internet (50+ Mbps, Unlimited Data)

$33.09 €29.43

$29.60 €26.33

11.79%

Gym Membership (Monthly)

$46.01 €40.93

$50.6 €45.02

-9.11%

Tennis Court (1 Hour on Weekend)

$19.19 €17.07

$22.21 €19.75

-13.60%

Cinema Ticket

$9.84 €8.75

$9.18 €8.17

7.19%

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

$677 €602

$427 €380

58.56%

International Primary School, 1 Child (Yearly)

$16.9K €15.1K

$7,599 €6,759

122.68%

Jeans (Levis 501 Or Similar)

$101 €90.1

$84.4 €75.1

19.98%

Summer Dress (H&M, Zara, etc)

$45.76 €40.70

$39.77 €35.37

15.06%

Sport Shoes (Adidas, Nike)

$100.0 €88.9

$91.1 €81.0

9.75%

Men's Leather Business Shoes

$123 €109

$113 €100

9.04%

1-bedroom Apartment, City Center (Monthly)

$1,614 €1,436

$622 €553

159.66%

1-bedroom Apartment, Outside City Center (Monthly)

$1,197 €1,065

$632 €563

89.27%

3-bedroom Apartment, City Center (Monthly)

$2,862 €2,545

$1,444 €1,284

98.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,990 €1,770

$1,249 €1,111

59.30%

Buy Apartment in City Center (m2)

$7,577 €6,740

$2,785 €2,477

172.11%

Buy Apartment Outside City Center (m2)

$4,307 €3,831

$2,625 €2,335

64.09%

Average Monthly Net Salary (After Tax)

$1,588 €1,412

$959 €853

65.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

4.46

-13.68%

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

Last update for Lisbon: October 11, 2026

Last update for Palaio Faliro, Athens: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.9%

Palaio Faliro, Athens

$632 37.4% 47.2% $565

Groceries & Markets

Lisbon

$269 12.1%

Palaio Faliro, Athens

$294 17.4% 9.1% $25

Eating Out

Lisbon

$242 10.9%

Palaio Faliro, Athens

$215 12.7% 11.4% $28

Monthly Utilities & Internet

Lisbon

$219 9.9%

Palaio Faliro, Athens

$271 16% 23.3% $51

Clothing & Footwear

Lisbon

$166 7.5%

Palaio Faliro, Athens

$148 8.7% 11.3% $19

Sport & Entertainment

Lisbon

$66 3%

Palaio Faliro, Athens

$69 4.1% 5% $3.3

Getting Around

Lisbon

$63 2.8%

Palaio Faliro, Athens

$61 3.6% 2.8% $1.8

Cost Breakdown

A one-bedroom apartment in the center runs $1,614 in Lisbon and $622 in Palaio Faliro, Athens. Housing cost is often the main lever when comparing two cities.

Lisbon pays 66% 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: $61.0 in Lisbon vs $56.0 in Palaio Faliro, Athens. Groceries flip the comparison at $269 vs $294, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇬🇷 Palaio Faliro, Athens

🕒 Local time

06:01 6:01 AM

08:01 8:01 AM

2 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

64,021

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Lisbon Palaio Faliro, Athens 2,850 km ≈ 4 h nonstop flight

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City Median Internet Speeds Comparison (Updated April 2026)

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Digital Nomad Cost of Living Index

Lisbon vs Palaio Faliro, Athens: Cost of Living - Frequently Asked Questions

Lisbon and Palaio Faliro, Athens differ by about 32% in total monthly costs ($2,223 vs $1,689 including rent). Palaio Faliro, Athens is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 66% higher in Lisbon, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,614 in Lisbon versus $622 in Palaio Faliro, Athens. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $677 in Lisbon versus $427 in Palaio Faliro, Athens. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 9% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,689 in Palaio Faliro, Athens versus $2,223 in Lisbon, a $2,000 budget is realistic in Palaio Faliro, Athens but tight or insufficient in Lisbon. The gap between the two cities makes Palaio Faliro, Athens 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 Palaio Faliro, Athens 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 Palaio Faliro, Athens gentler on the wallet – expenses run 32% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.