Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Peace River, AB

For one person, living costs are similar in Lisbon and in Peace River, AB: $2,202 and $2,231 a month, rent and utilities included.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
108

Cost of Living Index in Peace River, AB
Learn more

Peace River, AB Living Index

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Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Peace River, AB

🇨🇦 Canada

$2,231

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Peace River, AB

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 Peace River, AB actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,202 in Lisbon versus $2,231 in Peace River, AB.

Lisbon $2,202
Peace River, AB $2,231

Estimated couple costs with rent: $3,274 in Lisbon versus $3,200 in Peace River, AB.

Lisbon $3,274
Peace River, AB $3,200

Monthly costs for a family of three with rent: $4,346 in Lisbon versus $4,170 in Peace River, AB.

Lisbon $4,346
Peace River, AB $4,170

Living in Lisbon costs roughly 1% less than in Peace River, AB, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Lisbon 62% above, Peace River, AB 65% above.

Meal at Budget Restaurant

$17.04 €15.15

$17.69 CA$25.01

-3.67%

Three-Course Dinner for Two, Mid-Range

$62.3 €55.4

$64.9 CA$91.8

-4.07%

Fast Food Meal (McDonalds, etc)

$11.02 €9.80

$10.32 CA$14.60

6.78%

Cappuccino

$3.12 €2.78

$3.62 CA$5.12

-13.81%

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

$2.27 €2.02

$1.99 CA$2.82

14.07%

Water (0.33 liter bottle)

$1.74 €1.55

$1.62 CA$2.29

7.41%

Local Beer (0.5 liter draught)

$3.42 €3.04

$5.09 CA$7.20

-32.81%

Imported Beer (0.33 liter bottle)

$3.74 €3.33

$5.49 CA$7.76

-31.88%

Milk (1 liter)

$1.17 €1.04

$2.00 CA$2.82

-41.50%

White Bread (500g)

$1.86 €1.66

$2.42 CA$3.42

-23.14%

Rice (white) (1kg)

$1.54 €1.37

$3.23 CA$4.56

-52.32%

Eggs

$4.06 €3.61

$3.31 CA$4.68

22.66%

Local Cheese (1kg)

$12.91 €11.49

$9.65 CA$13.64

33.78%

Chicken Fillets (1kg)

$7.90 €7.03

$11.55 CA$16.33

-31.60%

Beef Round Steak (1kg)

$17.64 €15.69

$14.39 CA$20.34

22.59%

Apples (1kg)

$2.26 €2.01

$3.68 CA$5.21

-38.59%

Banana (1kg)

$1.75 €1.55

$1.27 CA$1.80

37.80%

Oranges (1kg)

$1.89 €1.68

$3.58 CA$5.06

-47.21%

Tomato (1kg)

$2.56 €2.27

$3.72 CA$5.26

-31.18%

Potato (1kg)

$1.85 €1.64

$2.49 CA$3.52

-25.70%

Onion (1kg)

$1.97 €1.75

$2.24 CA$3.16

-12.05%

Lettuce (1 head)

$1.45 €1.29

$2.44 CA$3.45

-40.57%

Water (1.5 liter bottle)

$0.77 €0.69

$1.56 CA$2.20

-50.64%

Cigarettes 20 Pack (Marlboro, Camel)

$6.71 €5.97

$14.27 CA$20.18

-52.98%

Wine (Bottle)

$5.67 €5.04

$12.53 CA$17.71

-54.75%

Local Beer (0.5 liter bottle)

$1.37 €1.22

$2.65 CA$3.74

-48.30%

Imported Beer (0.33 liter bottle)

$2.11 €1.88

$3.07 CA$4.34

-31.27%

One-way Ticket (Public Transport)

$2.32 €2.07

$2.24 CA$3.16

3.57%

Public Transport Monthly Pass (Regular Price)

$44.43 €39.52

$61.0 CA$86.2

-27.16%

Taxi Start (Normal Tariff)

$3.95 €3.51

$2.91 CA$4.12

35.74%

Taxi (Normal Tariff) (1km)

$1.05 €0.93

$1.45 CA$2.05

-27.59%

Taxi 1hour Waiting (Normal Tariff)

$17.15 €15.26

$23.35 CA$33.02

-26.55%

Gasoline (1 liter)

$2.19 €1.95

$1.19 CA$1.69

84.03%

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

$33.8K €30.0K

$27.6K CA$39.0K

22.41%

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

$38.3K €34.0K

$19.0K CA$26.8K

101.48%

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

$164 €146

$133 CA$189

22.84%

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

$18.48 €16.43

$38.05 CA$53.8

-51.43%

Internet (50+ Mbps, Unlimited Data)

$32.96 €29.32

$54.0 CA$76.3

-38.94%

Gym Membership (Monthly)

$45.87 €40.80

$40.24 CA$56.9

13.99%

Tennis Court (1 Hour on Weekend)

$18.68 €16.61

$17.79 CA$25.15

5.00%

Cinema Ticket

$9.75 €8.67

$11.24 CA$15.89

-13.26%

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

$684 €608

$742 CA$1,048

-7.76%

International Primary School, 1 Child (Yearly)

$17.6K €15.7K

$12.9K CA$18.3K

36.46%

Jeans (Levis 501 Or Similar)

$104 €92.3

$52.9 CA$74.7

96.25%

Summer Dress (H&M, Zara, etc)

$46.20 €41.09

$37.26 CA$52.7

23.99%

Sport Shoes (Adidas, Nike)

$99.7 €88.7

$82.7 CA$117

20.58%

Men's Leather Business Shoes

$125 €111

$100 CA$142

24.45%

1-bedroom Apartment, City Center (Monthly)

$1,589 €1,414

$1,219 CA$1,724

30.35%

1-bedroom Apartment, Outside City Center (Monthly)

$1,169 €1,040

$1,129 CA$1,596

3.53%

3-bedroom Apartment, City Center (Monthly)

$2,851 €2,536

$1,968 CA$2,782

44.85%

3-bedroom Apartment, Outside City Center (Monthly)

$1,993 €1,773

$1,674 CA$2,366

19.10%

Buy Apartment in City Center (m2)

$7,793 €6,932

$4,216 CA$5,959

84.86%

Buy Apartment Outside City Center (m2)

$4,418 €3,930

$3,627 CA$5,128

21.81%

Average Monthly Net Salary (After Tax)

$1,600 €1,423

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

4.66

-17.38%

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

Last update for Lisbon: October 19, 2026

Last update for Peace River, AB: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.1%

Peace River, AB

$1.1K 50.6% 3.4% $40

Groceries & Markets

Lisbon

$273 12.4%

Peace River, AB

$344 15.4% 26% $71

Eating Out

Lisbon

$247 11.2%

Peace River, AB

$267 12% 7.8% $19

Monthly Utilities & Internet

Lisbon

$215 9.8%

Peace River, AB

$225 10.1% 4.7% $10

Clothing & Footwear

Lisbon

$168 7.7%

Peace River, AB

$123 5.5% 27.1% $46

Sport & Entertainment

Lisbon

$65 3%

Peace River, AB

$63 2.8% 4.1% $2.7

Getting Around

Lisbon

$63 2.9%

Peace River, AB

$80 3.6% 27.4% $17

Cost Breakdown

A one-bedroom apartment in the center runs $1,589 in Lisbon and $1,219 in Peace River, AB. Housing cost is often the main lever when comparing two cities.

Dining out: $62.0 in Lisbon vs $65.0 in Peace River, AB for a mid-range dinner for two. Groceries echo the gap at $273 vs $344 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇨🇦 Peace River, AB

🕒 Local time

16:37 4:37 PM

09:37 9:37 AM

7 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.12 USD

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

Exchange rates and currency converter

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Lisbon Peace River, AB 7,410 km ≈ 10 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 Peace River, AB: Cost of Living - Frequently Asked Questions

Lisbon and Peace River, AB differ by about 1% in total monthly costs ($2,202 vs $2,231 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,302 in Lisbon and $3,347 in Peace River, AB to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,589 in Lisbon versus $1,219 in Peace River, AB. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $684 in Lisbon versus $742 in Peace River, AB. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 26% higher in Peace River, AB. For households that cook at home regularly, that difference adds up over a month.

At $2,202 in Lisbon versus $2,231 in Peace River, AB, a $3,000 budget is realistic in Lisbon but tight or insufficient in Peace River, AB. 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 Peace River, AB 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 1% less than in Peace River, AB. Beyond cost, consider language, visa policies, and how big the international community is in each city.