Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Waterloo, Canada

Name: Waterloo
Address: Waterloo, CA

For one person, living costs are similar in Lisbon and in Waterloo: $2,210 and $2,234 a month, rent and utilities included.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
107

Cost of Living Index in Waterloo
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Waterloo Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Waterloo

🇨🇦 Canada

$2,234

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Waterloo

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $2,234 in Waterloo.

Lisbon $2,210
Waterloo $2,234

Estimated couple costs with rent: $3,275 in Lisbon versus $3,295 in Waterloo.

Lisbon $3,275
Waterloo $3,295

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $4,356 in Waterloo.

Lisbon $4,341
Waterloo $4,356

Monthly costs are close between Lisbon and Waterloo; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Lisbon 62% above, Waterloo 64% above.

Meal at Budget Restaurant

$16.65 €14.92

$17.55 CA$24.52

-5.13%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.3

$57.2 CA$79.9

7.92%

Fast Food Meal (McDonalds, etc)

$11.36 €10.18

$10.71 CA$14.97

6.07%

Cappuccino

$2.97 €2.66

$3.18 CA$4.45

-6.60%

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

$2.29 €2.05

$1.95 CA$2.73

17.44%

Water (0.33 liter bottle)

$1.74 €1.56

$1.24 CA$1.73

40.32%

Local Beer (0.5 liter draught)

$3.40 €3.05

$5.13 CA$7.17

-33.72%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$5.76 CA$8.05

-42.53%

Milk (1 liter)

$1.16 €1.04

$2.04 CA$2.85

-43.14%

White Bread (500g)

$1.91 €1.71

$2.49 CA$3.48

-23.29%

Rice (white) (1kg)

$1.51 €1.36

$2.47 CA$3.44

-38.87%

Eggs

$4.02 €3.60

$2.92 CA$4.08

37.67%

Local Cheese (1kg)

$12.94 €11.59

$11.35 CA$15.86

14.01%

Chicken Fillets (1kg)

$7.77 €6.97

$15.00 CA$20.96

-48.20%

Beef Round Steak (1kg)

$17.76 €15.92

$16.02 CA$22.38

10.86%

Apples (1kg)

$2.30 €2.06

$3.46 CA$4.83

-33.53%

Banana (1kg)

$1.73 €1.55

$1.29 CA$1.81

34.11%

Oranges (1kg)

$1.86 €1.66

$3.19 CA$4.46

-41.69%

Tomato (1kg)

$2.59 €2.32

$3.42 CA$4.78

-24.27%

Potato (1kg)

$1.82 €1.63

$1.39 CA$1.94

30.94%

Onion (1kg)

$1.97 €1.76

$1.92 CA$2.68

2.60%

Lettuce (1 head)

$1.47 €1.32

$1.66 CA$2.32

-11.45%

Water (1.5 liter bottle)

$0.72 €0.65

$1.22 CA$1.71

-40.98%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.90

$12.80 CA$17.88

-48.59%

Wine (Bottle)

$5.61 €5.02

$9.80 CA$13.69

-42.76%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$2.61 CA$3.64

-47.89%

Imported Beer (0.33 liter bottle)

$2.14 €1.91

$2.69 CA$3.76

-20.45%

One-way Ticket (Public Transport)

$2.33 €2.09

$2.88 CA$4.03

-19.10%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.04

$75.6 CA$106

-40.92%

Taxi Start (Normal Tariff)

$3.85 €3.45

$2.47 CA$3.45

55.87%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$1.81 CA$2.54

-40.88%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.75

$28.17 CA$39.36

-41.57%

Gasoline (1 liter)

$2.20 €1.97

$1.19 CA$1.67

84.87%

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

$20.6K CA$28.7K

88.23%

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

$161 €144

$147 CA$205

10.03%

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

$18.41 €16.50

$27.82 CA$38.86

-33.82%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.34

$42.76 CA$59.7

-23.43%

Gym Membership (Monthly)

$44.55 €39.92

$33.77 CA$47.19

31.92%

Tennis Court (1 Hour on Weekend)

$19.10 €17.11

$19.23 CA$26.86

-0.68%

Cinema Ticket

$9.60 €8.60

$10.90 CA$15.22

-11.93%

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

$668 €598

$444 CA$620

50.42%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$15.7K CA$21.9K

12.47%

Jeans (Levis 501 Or Similar)

$102 €91.4

$64.4 CA$90.0

58.34%

Summer Dress (H&M, Zara, etc)

$44.46 €39.85

$32.79 CA$45.82

35.59%

Sport Shoes (Adidas, Nike)

$98.5 €88.3

$81.9 CA$114

20.27%

Men's Leather Business Shoes

$124 €111

$76.6 CA$107

61.43%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,441

$1,443 CA$2,016

11.48%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,066

$1,141 CA$1,594

4.30%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,520

$2,161 CA$3,019

30.16%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,804

$1,905 CA$2,661

5.70%

Buy Apartment in City Center (m2)

$7,839 €7,025

$5,280 CA$7,377

48.46%

Buy Apartment Outside City Center (m2)

$4,576 €4,100

$4,609 CA$6,440

-0.73%

Average Monthly Net Salary (After Tax)

$1,575 €1,411

$3,129 CA$4,371

-49.66%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

5.22

-26.25%

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

Last update for Lisbon: October 27, 2026

Last update for Waterloo: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Waterloo

$1.1K 51.1% 4.1% $49

Groceries & Markets

Lisbon

$272 12.3%

Waterloo

$346 15.5% 27.2% $74

Eating Out

Lisbon

$243 11%

Waterloo

$261 11.7% 7.5% $18

Monthly Utilities & Internet

Lisbon

$212 9.6%

Waterloo

$217 9.7% 2.2% $4.7

Clothing & Footwear

Lisbon

$166 7.5%

Waterloo

$115 5.2% 30.6% $51

Sport & Entertainment

Lisbon

$64 2.9%

Waterloo

$56 2.5% 12.8% $8.2

Getting Around

Lisbon

$63 2.9%

Waterloo

$99 4.4% 56.2% $35

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $1,443 in Waterloo. Housing cost is often the main lever when comparing two cities.

Waterloo pays 99% more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $62 in Lisbon vs $57 in Waterloo. Groceries flip the comparison at $272 vs $346, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇨🇦 Waterloo

🕒 Local time

05:19 5:19 AM

00:19 12:19 AM

5 h behind Lisbon

🌤 Weather

👥 Population

545,923 Capital

121,436

💱 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 Waterloo 5,820 km ≈ 8 h nonstop flight

From you

Lisbon
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Distances are measured in a straight line. Your location is detected approximately.

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 Waterloo: Cost of Living - Frequently Asked Questions

On paper, salaries run 50% 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 $1,443 in Waterloo. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Lisbon runs roughly 41% less than in Waterloo. The price difference matters if you commute daily and watch your budget.

Supermarket bills run roughly 27% higher in Waterloo. 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, Waterloo on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.