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: $2,217 in Lisbon versus $1,474 in Vestmanna.

Estimated couple costs with rent: $3,245 in Lisbon versus $2,192 in Vestmanna.

Monthly costs for a family of three with rent: $4,272 in Lisbon versus $2,910 in Vestmanna.

Living in Lisbon is roughly 50% more expensive than Vestmanna, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 66% above, Vestmanna 11% above.

Meal at Budget Restaurant

$15.78 €13.59

Three-Course Dinner for Two, Mid-Range

$62.5 €53.8

Fast Food Meal (McDonalds, etc)

$10.54 €9.07

Cappuccino

$2.77 €2.38

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

$2.28 €1.97

Water (0.33 liter bottle)

$1.55 €1.33

Local Beer (0.5 liter draught)

$3.55 €3.05

Imported Beer (0.33 liter bottle)

$3.98 €3.43

Milk (1 liter)

$1.08 €0.93

$2.13 FOK 13.68

-49.30%

White Bread (500g)

$1.77 €1.52

$4.00 FOK 25.69

-55.75%

Rice (white) (1kg)

$1.77 €1.52

Eggs

$3.12 €2.69

$4.60 FOK 29.58

-32.17%

Local Cheese (1kg)

$13.34 €11.49

$18.44 FOK 119

-27.66%

Chicken Fillets (1kg)

$7.99 €6.88

$15.11 FOK 97.2

-47.12%

Beef Round Steak (1kg)

$15.92 €13.70

$28.04 FOK 180

-43.22%

Apples (1kg)

$2.28 €1.97

$3.19 FOK 20.50

-28.53%

Banana (1kg)

$1.64 €1.42

$2.40 FOK 15.43

-31.67%

Oranges (1kg)

$1.98 €1.70

$3.03 FOK 19.48

-34.65%

Tomato (1kg)

$2.45 €2.11

$3.15 FOK 20.23

-22.22%

Potato (1kg)

$1.77 €1.52

$2.39 FOK 15.36

-25.94%

Onion (1kg)

$1.97 €1.69

$3.12 FOK 20.06

-36.86%

Lettuce (1 head)

$1.97 €1.70

Water (1.5 liter bottle)

$0.80 €0.69

$4.77 FOK 30.64

-83.23%

Cigarettes 20 Pack (Marlboro, Camel)

$6.54 €5.63

$10.29 FOK 66.2

-36.44%

Wine (Bottle)

$5.75 €4.95

Local Beer (0.5 liter bottle)

$1.32 €1.13

Imported Beer (0.33 liter bottle)

$2.99 €2.57

$3.83 FOK 24.62

-21.93%

One-way Ticket (Public Transport)

$2.34 €2.01

Public Transport Monthly Pass (Regular Price)

$45.85 €39.48

Taxi Start (Normal Tariff)

$4.26 €3.66

$11.02 FOK 70.9

-61.34%

Taxi (Normal Tariff) (1km)

$0.84 €0.73

Taxi 1hour Waiting (Normal Tariff)

$18.86 €16.24

Gasoline (1 liter)

$2.07 €1.78

$1.37 FOK 8.82

51.09%

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

$35.2K €30.3K

$40.9K FOK 263.2K

-13.91%

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

$38.6K €33.2K

$49.1K FOK 315.7K

-21.37%

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

$151 €130

$155 FOK 997

-2.50%

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

$20.91 €18.00

Internet (50+ Mbps, Unlimited Data)

$39.54 €34.05

Gym Membership (Monthly)

$48.39 €41.67

$61.9 FOK 398

-21.81%

Tennis Court (1 Hour on Weekend)

$18.61 €16.02

Cinema Ticket

$9.04 €7.79

$16.81 FOK 108

-46.22%

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

$610 €525

$284 FOK 1,829

114.52%

International Primary School, 1 Child (Yearly)

$16.3K €14.0K

Jeans (Levis 501 Or Similar)

$101 €87.2

$122 FOK 788

-17.35%

Summer Dress (H&M, Zara, etc)

$40.58 €34.94

Sport Shoes (Adidas, Nike)

$93.0 €80.1

$125 FOK 807

-25.84%

Men's Leather Business Shoes

$119 €102

$122 FOK 785

-2.80%

1-bedroom Apartment, City Center (Monthly)

$1,603 €1,380

$632 FOK 4,064

153.52%

1-bedroom Apartment, Outside City Center (Monthly)

$1,239 €1,067

$614 FOK 3,949

101.68%

3-bedroom Apartment, City Center (Monthly)

$3,019 €2,599

$1,081 FOK 6,951

179.26%

3-bedroom Apartment, Outside City Center (Monthly)

$2,061 €1,775

$1,080 FOK 6,942

90.93%

Buy Apartment in City Center (m2)

$7,981 €6,872

Buy Apartment Outside City Center (m2)

$4,533 €3,903

Average Monthly Net Salary (After Tax)

$1,628 €1,402

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: June 15, 2026

Last update for Vestmanna: June 15, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,603 in Lisbon and $632 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 50% in total monthly costs ($2,217 vs $1,474 including rent). Vestmanna is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,325 in Lisbon and $2,210 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: $1,603 in Lisbon versus $632 in Vestmanna. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $610 in Lisbon versus $284 in Vestmanna. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

All in, you'll spend $2,217 per month in Lisbon versus $1,474 in Vestmanna – a 50% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,474 in Vestmanna versus $2,217 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 50% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.