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: $2,227 in Lisbon versus $1,496 in Vestmanna.

Estimated couple costs with rent: $3,305 in Lisbon versus $2,153 in Vestmanna.

Monthly costs for a family of three with rent: $4,384 in Lisbon versus $2,810 in Vestmanna.

Living in Lisbon is roughly 49% more expensive than Vestmanna, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 66% above, Vestmanna 12% above.

Meal at Budget Restaurant

$16.17 €13.84

Three-Course Dinner for Two, Mid-Range

$64.6 €55.3

Fast Food Meal (McDonalds, etc)

$10.38 €8.88

Cappuccino

$2.77 €2.37

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

$2.25 €1.92

Water (0.33 liter bottle)

$1.57 €1.35

Local Beer (0.5 liter draught)

$3.49 €2.99

Imported Beer (0.33 liter bottle)

$4.00 €3.43

Milk (1 liter)

$1.08 €0.93

$2.16 FOK 13.77

-50.00%

White Bread (500g)

$1.74 €1.49

$3.96 FOK 25.23

-56.06%

Rice (white) (1kg)

$1.74 €1.49

Eggs

$3.18 €2.72

$4.60 FOK 29.32

-30.87%

Local Cheese (1kg)

$13.43 €11.50

$18.38 FOK 117

-26.93%

Chicken Fillets (1kg)

$7.99 €6.84

$15.51 FOK 99.0

-48.48%

Beef Round Steak (1kg)

$16.09 €13.77

$27.74 FOK 177

-42.00%

Apples (1kg)

$2.28 €1.95

$3.05 FOK 19.43

-25.25%

Banana (1kg)

$1.72 €1.48

$2.35 FOK 14.97

-26.81%

Oranges (1kg)

$1.94 €1.66

$3.13 FOK 19.98

-38.02%

Tomato (1kg)

$2.54 €2.18

$3.18 FOK 20.30

-20.13%

Potato (1kg)

$1.83 €1.57

$2.28 FOK 14.56

-19.74%

Onion (1kg)

$2.04 €1.75

$3.14 FOK 20.01

-35.03%

Lettuce (1 head)

$1.98 €1.69

Water (1.5 liter bottle)

$0.85 €0.73

$4.69 FOK 29.94

-81.88%

Cigarettes 20 Pack (Marlboro, Camel)

$6.85 €5.87

$10.13 FOK 64.6

-32.38%

Wine (Bottle)

$5.78 €4.94

Local Beer (0.5 liter bottle)

$1.37 €1.18

Imported Beer (0.33 liter bottle)

$2.90 €2.48

$3.79 FOK 24.18

-23.48%

One-way Ticket (Public Transport)

$2.28 €1.95

Public Transport Monthly Pass (Regular Price)

$46.84 €40.10

Taxi Start (Normal Tariff)

$4.08 €3.49

$10.80 FOK 68.9

-62.22%

Taxi (Normal Tariff) (1km)

$0.82 €0.70

Taxi 1hour Waiting (Normal Tariff)

$18.27 €15.64

Gasoline (1 liter)

$2.01 €1.72

$1.39 FOK 8.86

44.60%

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

$35.3K €30.2K

$40.3K FOK 256.9K

-12.43%

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

$38.5K €32.9K

$49.4K FOK 315.5K

-22.16%

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

$145 €124

$155 FOK 991

-6.42%

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

$20.96 €17.94

Internet (50+ Mbps, Unlimited Data)

$40.05 €34.29

Gym Membership (Monthly)

$48.79 €41.76

$61.9 FOK 395

-21.13%

Tennis Court (1 Hour on Weekend)

$18.69 €16.00

Cinema Ticket

$9.06 €7.76

$16.87 FOK 108

-46.30%

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

$607 €519

$277 FOK 1,766

119.07%

International Primary School, 1 Child (Yearly)

$16.3K €14.0K

Jeans (Levis 501 Or Similar)

$105 €89.6

$126 FOK 806

-17.10%

Summer Dress (H&M, Zara, etc)

$40.95 €35.06

Sport Shoes (Adidas, Nike)

$93.6 €80.1

$123 FOK 783

-23.78%

Men's Leather Business Shoes

$119 €101

$124 FOK 793

-4.63%

1-bedroom Apartment, City Center (Monthly)

$1,604 €1,373

$609 FOK 3,889

163.18%

1-bedroom Apartment, Outside City Center (Monthly)

$1,236 €1,058

$631 FOK 4,026

95.82%

3-bedroom Apartment, City Center (Monthly)

$3,046 €2,607

$1,093 FOK 6,973

178.72%

3-bedroom Apartment, Outside City Center (Monthly)

$2,057 €1,761

$1,078 FOK 6,876

90.83%

Buy Apartment in City Center (m2)

$7,709 €6,599

Buy Apartment Outside City Center (m2)

$4,266 €3,652

Average Monthly Net Salary (After Tax)

$1,584 €1,356

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: April 26, 2026

Last update for Vestmanna: April 25, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,604 in Lisbon and $609 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 49% in total monthly costs ($2,227 vs $1,496 including rent). Vestmanna is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,341 in Lisbon and $2,243 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: $1,604 in Lisbon versus $609 in Vestmanna. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $607 in Lisbon versus $277 in Vestmanna. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

All in, you'll spend $2,227 per month in Lisbon versus $1,496 in Vestmanna – a 49% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,496 in Vestmanna versus $2,227 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 49% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.