Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Toronto

For one person, living is cheaper in Lisbon: $2,210 a month against $2,589 in Toronto, rent and utilities included – about $4,500 less a year. Rent and utilities account for about half of the difference.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Toronto

🇨🇦 Canada

$2,589

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Toronto

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 Toronto actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,210 in Lisbon versus $2,589 in Toronto.

Lisbon $2,210
Toronto $2,589

Estimated couple costs with rent: $3,275 in Lisbon versus $3,710 in Toronto.

Lisbon $3,275
Toronto $3,710

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $4,831 in Toronto.

Lisbon $4,341
Toronto $4,831

Living in Lisbon costs roughly 15% less than in Toronto, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Lisbon 62% above, Toronto 90% above.

Meal at Budget Restaurant

$16.65 €14.92

$17.60 CA$24.59

-5.40%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.3

$77.8 CA$109

-20.65%

Fast Food Meal (McDonalds, etc)

$11.36 €10.18

$10.59 CA$14.79

7.27%

Cappuccino

$2.97 €2.66

$4.16 CA$5.81

-28.61%

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

$2.29 €2.05

$2.04 CA$2.86

12.25%

Water (0.33 liter bottle)

$1.74 €1.56

$1.75 CA$2.45

-0.57%

Local Beer (0.5 liter draught)

$3.40 €3.05

$6.58 CA$9.19

-48.33%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$7.11 CA$9.94

-53.45%

Milk (1 liter)

$1.16 €1.04

$2.53 CA$3.54

-54.15%

White Bread (500g)

$1.91 €1.71

$2.70 CA$3.78

-29.26%

Rice (white) (1kg)

$1.51 €1.36

$2.24 CA$3.13

-32.59%

Eggs

$4.02 €3.60

$3.48 CA$4.87

15.52%

Local Cheese (1kg)

$12.94 €11.59

$9.38 CA$13.10

37.95%

Chicken Fillets (1kg)

$7.77 €6.97

$11.60 CA$16.20

-33.02%

Beef Round Steak (1kg)

$17.76 €15.92

$14.68 CA$20.51

20.98%

Apples (1kg)

$2.30 €2.06

$3.74 CA$5.23

-38.50%

Banana (1kg)

$1.73 €1.55

$1.22 CA$1.71

41.80%

Oranges (1kg)

$1.86 €1.66

$3.48 CA$4.86

-46.55%

Tomato (1kg)

$2.59 €2.32

$4.32 CA$6.04

-40.05%

Potato (1kg)

$1.82 €1.63

$1.85 CA$2.59

-1.62%

Onion (1kg)

$1.97 €1.76

$1.69 CA$2.36

16.57%

Lettuce (1 head)

$1.47 €1.32

$2.23 CA$3.11

-34.08%

Water (1.5 liter bottle)

$0.72 €0.65

$1.28 CA$1.78

-43.75%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.90

$14.04 CA$19.62

-53.13%

Wine (Bottle)

$5.61 €5.02

$14.43 CA$20.16

-61.12%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$2.16 CA$3.01

-37.04%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$2.52 CA$3.53

-15.08%

One-way Ticket (Public Transport)

$2.33 €2.09

$2.37 CA$3.31

-1.69%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.04

$112 CA$157

-60.27%

Taxi Start (Normal Tariff)

$3.85 €3.45

$3.04 CA$4.25

26.64%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$1.24 CA$1.73

-13.71%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.75

$22.55 CA$31.51

-27.01%

Gasoline (1 liter)

$2.20 €1.97

$1.24 CA$1.74

77.42%

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

$34.2K €30.6K

$26.9K CA$37.6K

27.09%

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

$38.7K €34.7K

$21.4K CA$29.9K

81.07%

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

$161 €144

$125 CA$174

29.35%

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

$18.41 €16.50

$33.05 CA$46.18

-44.30%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.34

$47.96 CA$67.0

-31.73%

Gym Membership (Monthly)

$44.55 €39.92

$36.69 CA$51.3

21.42%

Tennis Court (1 Hour on Weekend)

$19.10 €17.11

$23.67 CA$33.07

-19.31%

Cinema Ticket

$9.60 €8.60

$13.08 CA$18.27

-26.61%

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

$668 €598

$759 CA$1,060

-12.02%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$23.8K CA$33.2K

-25.93%

Jeans (Levis 501 Or Similar)

$102 €91.4

$53.5 CA$74.8

90.55%

Summer Dress (H&M, Zara, etc)

$44.46 €39.85

$40.44 CA$56.5

9.94%

Sport Shoes (Adidas, Nike)

$98.5 €88.3

$100 CA$140

-1.96%

Men's Leather Business Shoes

$124 €111

$125 CA$175

-1.25%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,441

$1,630 CA$2,277

-1.32%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,066

$1,416 CA$1,978

-15.94%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,520

$2,694 CA$3,764

4.38%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,804

$2,101 CA$2,935

-4.18%

Buy Apartment in City Center (m2)

$7,839 €7,025

$7,551 CA$10.5K

3.82%

Buy Apartment Outside City Center (m2)

$4,576 €4,100

$6,674 CA$9,324

-31.44%

Average Monthly Net Salary (After Tax)

$1,575 €1,411

$3,543 CA$4,950

-55.55%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

4.45

-13.48%

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

Last update for Lisbon: October 27, 2026

Last update for Toronto: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Toronto

$1.4K 54.7% 19% $226

Groceries & Markets

Lisbon

$272 12.3%

Toronto

$345 13.3% 26.6% $73

Eating Out

Lisbon

$243 11%

Toronto

$285 11% 17.4% $42

Monthly Utilities & Internet

Lisbon

$212 9.6%

Toronto

$206 7.9% 3.2% $6.7

Clothing & Footwear

Lisbon

$166 7.5%

Toronto

$144 5.6% 13.3% $22

Sport & Entertainment

Lisbon

$64 2.9%

Toronto

$63 2.4% 1.4% $0.9

Getting Around

Lisbon

$63 2.9%

Toronto

$131 5.1% 108% $68

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $1,630 in Toronto. Housing cost is often the main lever when comparing two cities.

Toronto pays about 2.2 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $78 in Toronto for a mid-range dinner for two. Groceries echo the gap at $272 vs $345 per month, with Lisbon cheaper across the board.

Good to know

🇵🇹 Lisbon

🇨🇦 Toronto

🕒 Local time

13:30 1:30 PM

08:30 8:30 AM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

2,731,571

💱 Currency

Euro EUR €

Canadian Dollar CAD $

📈 Exchange rate

1 EUR = 1.12 USD

1 CAD = 0.716 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

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Between locations

Lisbon Toronto 5,730 km ≈ 8 h nonstop flight

From you

Lisbon
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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 Toronto: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,210 in Lisbon and $2,589 in Toronto, so Lisbon is about 15% cheaper – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 56% lower in Lisbon. 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: $1,608 in Lisbon versus $1,630 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $759 in Toronto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 27% higher in Toronto. For households that cook at home regularly, that difference adds up over a month.

Either city works on $3,000 a month, though Lisbon gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.

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.

It comes down to priorities – Lisbon wins on affordability, Toronto on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.