Cost of Living Comparison Between Lisbon and Vestmanna Cost of Living Comparison Between Lisbon and Vestmanna

Monthly Cost of Living

Monthly costs for one person with rent: $2,280 in Lisbon versus $1,457 in Vestmanna.

Estimated couple costs with rent: $3,294 in Lisbon versus $2,156 in Vestmanna.

Monthly costs for a family of three with rent: $4,307 in Lisbon versus $2,856 in Vestmanna.

Living in Lisbon is roughly 56% more expensive than in Vestmanna, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 71% above, Vestmanna 9% above.

Meal at Budget Restaurant

$15.75 €13.64

Three-Course Dinner for Two, Mid-Range

$63.5 €55.0

Fast Food Meal (McDonalds, etc)

$10.45 €9.05

Cappuccino

$2.91 €2.52

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

$2.29 €1.98

Water (0.33 liter bottle)

$1.50 €1.30

Local Beer (0.5 liter draught)

$3.56 €3.09

Imported Beer (0.33 liter bottle)

$3.96 €3.43

Milk (1 liter)

$1.08 €0.94

$2.11 FOK 13.67

-48.82%

White Bread (500g)

$1.76 €1.53

$3.94 FOK 25.56

-55.33%

Rice (white) (1kg)

$1.70 €1.47

Eggs

$3.25 €2.81

$4.45 FOK 28.83

-26.97%

Local Cheese (1kg)

$13.25 €11.47

$18.27 FOK 118

-27.48%

Chicken Fillets (1kg)

$7.70 €6.67

$15.59 FOK 101

-50.61%

Beef Round Steak (1kg)

$15.77 €13.66

$28.24 FOK 183

-44.16%

Apples (1kg)

$2.28 €1.97

$3.11 FOK 20.16

-26.69%

Banana (1kg)

$1.66 €1.43

$2.40 FOK 15.54

-30.83%

Oranges (1kg)

$2.02 €1.75

$3.14 FOK 20.37

-35.67%

Tomato (1kg)

$2.47 €2.14

$3.18 FOK 20.59

-22.33%

Potato (1kg)

$1.79 €1.55

$2.39 FOK 15.49

-25.10%

Onion (1kg)

$2.07 €1.79

$3.05 FOK 19.79

-32.13%

Lettuce (1 head)

$1.97 €1.71

Water (1.5 liter bottle)

$0.83 €0.72

$4.52 FOK 29.28

-81.64%

Cigarettes 20 Pack (Marlboro, Camel)

$6.55 €5.68

$10.22 FOK 66.2

-35.91%

Wine (Bottle)

$5.57 €4.82

Local Beer (0.5 liter bottle)

$1.33 €1.15

Imported Beer (0.33 liter bottle)

$3.01 €2.60

$3.86 FOK 25.00

-22.02%

One-way Ticket (Public Transport)

$2.27 €1.97

Public Transport Monthly Pass (Regular Price)

$46.35 €40.14

Taxi Start (Normal Tariff)

$4.23 €3.66

$10.94 FOK 70.9

-61.33%

Taxi (Normal Tariff) (1km)

$0.85 €0.73

Taxi 1hour Waiting (Normal Tariff)

$18.83 €16.31

Gasoline (1 liter)

$2.02 €1.75

$1.37 FOK 8.91

47.45%

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

$35.0K €30.3K

$40.6K FOK 263.2K

-13.94%

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

$39.6K €34.3K

$50.3K FOK 325.7K

-21.13%

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

$148 €128

$157 FOK 1,020

-6.05%

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

$20.52 €17.77

Internet (50+ Mbps, Unlimited Data)

$39.52 €34.23

Gym Membership (Monthly)

$48.17 €41.72

$62.3 FOK 404

-22.71%

Tennis Court (1 Hour on Weekend)

$18.39 €15.92

Cinema Ticket

$9.10 €7.88

$16.93 FOK 110

-46.25%

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

$615 €532

$279 FOK 1,807

120.45%

International Primary School, 1 Child (Yearly)

$16.3K €14.1K

Jeans (Levis 501 Or Similar)

$102 €88.0

$123 FOK 796

-17.36%

Summer Dress (H&M, Zara, etc)

$42.09 €36.45

Sport Shoes (Adidas, Nike)

$92.3 €79.9

$123 FOK 796

-24.87%

Men's Leather Business Shoes

$122 €106

$122 FOK 790

0.17%

1-bedroom Apartment, City Center (Monthly)

$1,612 €1,396

$622 FOK 4,029

159.23%

1-bedroom Apartment, Outside City Center (Monthly)

$1,254 €1,086

$621 FOK 4,024

101.86%

3-bedroom Apartment, City Center (Monthly)

$3,069 €2,658

$1,098 FOK 7,117

179.46%

3-bedroom Apartment, Outside City Center (Monthly)

$2,037 €1,764

$1,096 FOK 7,101

85.85%

Buy Apartment in City Center (m2)

$7,751 €6,712

Buy Apartment Outside City Center (m2)

$4,286 €3,712

Average Monthly Net Salary (After Tax)

$1,602 €1,387

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

2.99

27.42%

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

Last update for Lisbon: July 27, 2026

Last update for Vestmanna: July 28, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,612 in Lisbon and $622 in Vestmanna. Housing cost is often the main lever when comparing two cities.

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 Vestmanna: Cost of Living - Frequently Asked Questions

Lisbon and Vestmanna differ by about 56% in total monthly costs ($2,280 vs $1,457 including rent). Vestmanna is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,420 in Lisbon and $2,186 in Vestmanna 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: $1,612 in Lisbon versus $622 in Vestmanna. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $615 in Lisbon versus $279 in Vestmanna. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

All in, you'll spend $2,280 per month in Lisbon versus $1,457 in Vestmanna – a 56% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,457 in Vestmanna versus $2,280 in Lisbon, a $1,500 budget is realistic in Vestmanna but tight or insufficient in Lisbon. The gap between the two cities makes Vestmanna 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 Vestmanna 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 Vestmanna gentler on the wallet – expenses run 56% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.