Cost of Living Comparison Between Lisbon and Waterford Cost of Living Comparison Between Lisbon and Waterford

Monthly Cost of Living

Monthly costs for one person with rent: $2,210 in Lisbon versus $2,767 in Waterford.

Estimated couple costs with rent: $3,311 in Lisbon versus $4,029 in Waterford.

Monthly costs for a family of three with rent: $4,411 in Lisbon versus $5,291 in Waterford.

Living in Lisbon costs roughly 20% less than in Waterford, driven mainly by Eating Out.

Both cities are pricier than the global median: Lisbon 65% above, Waterford 106% above.

Meal at Budget Restaurant

$15.91 €13.70

$22.75 €19.59

-30.07%

Three-Course Dinner for Two, Mid-Range

$64.8 €55.8

$92.1 €79.3

-29.70%

Fast Food Meal (McDonalds, etc)

$10.51 €9.05

$12.57 €10.82

-16.39%

Cappuccino

$2.87 €2.47

$4.01 €3.45

-28.43%

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

$2.24 €1.93

$2.45 €2.11

-8.57%

Water (0.33 liter bottle)

$1.50 €1.30

$2.22 €1.91

-32.43%

Local Beer (0.5 liter draught)

$3.49 €3.01

$7.12 €6.13

-50.98%

Imported Beer (0.33 liter bottle)

$3.88 €3.34

$5.57 €4.80

-30.34%

Milk (1 liter)

$1.14 €0.98

$1.31 €1.13

-12.98%

White Bread (500g)

$1.75 €1.51

$2.88 €2.48

-39.24%

Rice (white) (1kg)

$1.76 €1.51

$2.37 €2.04

-25.74%

Eggs

$3.22 €2.77

$4.39 €3.78

-26.65%

Local Cheese (1kg)

$13.49 €11.62

$11.83 €10.19

14.03%

Chicken Fillets (1kg)

$7.91 €6.81

$10.37 €8.93

-23.72%

Beef Round Steak (1kg)

$15.87 €13.67

$13.97 €12.03

13.60%

Apples (1kg)

$2.31 €1.99

$3.10 €2.67

-25.48%

Banana (1kg)

$1.70 €1.46

$2.57 €2.21

-33.85%

Oranges (1kg)

$2.01 €1.73

$3.48 €3.00

-42.24%

Tomato (1kg)

$2.46 €2.12

$3.75 €3.23

-34.40%

Potato (1kg)

$1.84 €1.59

$2.34 €2.02

-21.37%

Onion (1kg)

$2.00 €1.72

$1.45 €1.25

37.93%

Lettuce (1 head)

$1.93 €1.66

$1.26 €1.09

53.17%

Water (1.5 liter bottle)

$0.79 €0.68

$1.97 €1.70

-59.90%

Cigarettes 20 Pack (Marlboro, Camel)

$6.61 €5.69

$18.32 €15.78

-63.92%

Wine (Bottle)

$5.72 €4.93

$19.51 €16.80

-70.68%

Local Beer (0.5 liter bottle)

$1.37 €1.18

$3.03 €2.61

-54.79%

Imported Beer (0.33 liter bottle)

$2.97 €2.56

$3.20 €2.75

-7.19%

One-way Ticket (Public Transport)

$2.37 €2.04

$2.64 €2.27

-10.23%

Public Transport Monthly Pass (Regular Price)

$45.56 €39.23

$65.0 €55.9

-29.86%

Taxi Start (Normal Tariff)

$4.29 €3.69

$6.05 €5.21

-29.09%

Taxi (Normal Tariff) (1km)

$0.82 €0.70

$1.17 €1.01

-29.91%

Taxi 1hour Waiting (Normal Tariff)

$18.30 €15.76

$35.49 €30.56

-48.44%

Gasoline (1 liter)

$2.06 €1.78

$2.05 €1.76

0.49%

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

$34.3K €29.5K

$36.8K €31.7K

-6.96%

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

$39.3K €33.8K

$41.3K €35.6K

-4.91%

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

$148 €127

$222 €191

-33.50%

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

$20.52 €17.67

$25.86 €22.27

-20.65%

Internet (50+ Mbps, Unlimited Data)

$39.61 €34.11

$61.9 €53.3

-36.04%

Gym Membership (Monthly)

$47.85 €41.20

$47.30 €40.73

1.16%

Tennis Court (1 Hour on Weekend)

$18.92 €16.29

$14.73 €12.68

28.45%

Cinema Ticket

$9.18 €7.91

$13.06 €11.25

-29.71%

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

$614 €529

$1,218 €1,048

-49.57%

International Primary School, 1 Child (Yearly)

$16.0K €13.8K

$7,765 €6,687

106.68%

Jeans (Levis 501 Or Similar)

$105 €90.1

$97.5 €83.9

7.40%

Summer Dress (H&M, Zara, etc)

$42.06 €36.22

$57.9 €49.88

-27.40%

Sport Shoes (Adidas, Nike)

$94.0 €80.9

$114 €98.6

-17.93%

Men's Leather Business Shoes

$120 €103

$132 €113

-9.20%

1-bedroom Apartment, City Center (Monthly)

$1,628 €1,402

$1,748 €1,505

-6.86%

1-bedroom Apartment, Outside City Center (Monthly)

$1,255 €1,081

$1,381 €1,189

-9.11%

3-bedroom Apartment, City Center (Monthly)

$3,030 €2,609

$2,693 €2,319

12.53%

3-bedroom Apartment, Outside City Center (Monthly)

$2,020 €1,740

$2,180 €1,877

-7.33%

Buy Apartment in City Center (m2)

$7,800 €6,716

$4,064 €3,500

91.90%

Buy Apartment Outside City Center (m2)

$4,273 €3,679

$2,901 €2,498

47.27%

Average Monthly Net Salary (After Tax)

$1,603 €1,381

$3,406 €2,933

-52.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.81

4.23

-9.93%

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

Last update for Lisbon: June 1, 2026

Last update for Waterford: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,628 in Lisbon and $1,748 in Waterford. Housing cost is often the main lever when comparing two cities.

Waterford pays 112% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $65.0 in Lisbon vs $92.0 in Waterford for a mid-range dinner for two. Groceries echo the gap at $269 vs $361 per month, with Lisbon cheaper across the board.

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 Waterford: Cost of Living - Frequently Asked Questions

Lisbon and Waterford differ by about 25% in total monthly costs ($2,210 vs $2,767 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, Waterford earns 112% less. 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: $1,628 in Lisbon versus $1,748 in Waterford. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $614 in Lisbon versus $1,218 in Waterford. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 34% higher in Waterford. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $3,000. Lisbon is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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 Waterford 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 25% less than in Waterford. Beyond cost, consider language, visa policies, and how big the international community is in each city.