Cost of Living Comparison Between Monaco and Lisbon Cost of Living Comparison Between Monaco and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $11.0K in Monaco versus $2,210 in Lisbon.

Estimated couple costs with rent: $11.8K in Monaco versus $3,311 in Lisbon.

Monthly costs for a family of three with rent: $12.6K in Monaco versus $4,411 in Lisbon.

Living in Monaco is roughly 397% more expensive than Lisbon, driven mainly by Sport & Entertainment.

Both cities are pricier than the global median: Monaco 720% above, Lisbon 65% above.

Meal at Budget Restaurant

$22.73 €19.55

$15.91 €13.69

42.87%

Three-Course Dinner for Two, Mid-Range

$202 €174

$64.8 €55.7

212.38%

Fast Food Meal (McDonalds, etc)

$11.99 €10.31

$10.51 €9.04

14.08%

Cappuccino

$5.08 €4.37

$2.87 €2.47

77.00%

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

$5.78 €4.98

$2.24 €1.93

158.04%

Water (0.33 liter bottle)

$4.60 €3.96

$1.50 €1.29

206.67%

Local Beer (0.5 liter draught)

$10.01 €8.61

$3.49 €3.00

186.82%

Imported Beer (0.33 liter bottle)

$8.03 €6.90

$3.88 €3.34

106.96%

Milk (1 liter)

$1.81 €1.55

$1.14 €0.98

58.77%

White Bread (500g)

$4.17 €3.59

$1.75 €1.51

138.29%

Rice (white) (1kg)

$3.44 €2.96

$1.76 €1.51

95.45%

Eggs

$4.74 €4.08

$3.22 €2.77

47.20%

Local Cheese (1kg)

$17.09 €14.70

$13.49 €11.61

26.69%

Chicken Fillets (1kg)

$17.40 €14.97

$7.91 €6.81

119.97%

Beef Round Steak (1kg)

$16.66 €14.33

$15.87 €13.65

4.98%

Apples (1kg)

$2.66 €2.29

$2.31 €1.99

15.15%

Banana (1kg)

$2.91 €2.51

$1.70 €1.46

71.18%

Oranges (1kg)

$2.77 €2.39

$2.01 €1.73

37.81%

Tomato (1kg)

$4.64 €3.99

$2.46 €2.12

88.62%

Potato (1kg)

$2.49 €2.15

$1.84 €1.59

35.33%

Onion (1kg)

$2.76 €2.37

$2.00 €1.72

38.00%

Lettuce (1 head)

$1.97 €1.70

$1.93 €1.66

2.07%

Water (1.5 liter bottle)

$7.93 €6.82

$0.79 €0.68

903.80%

Cigarettes 20 Pack (Marlboro, Camel)

$14.75 €12.69

$6.61 €5.68

123.15%

Wine (Bottle)

$8.21 €7.06

$5.72 €4.92

43.53%

Local Beer (0.5 liter bottle)

$1.61 €1.39

$1.37 €1.17

17.52%

Imported Beer (0.33 liter bottle)

$5.07 €4.36

$2.97 €2.56

70.71%

One-way Ticket (Public Transport)

$2.19 €1.89

$2.37 €2.04

-7.59%

Public Transport Monthly Pass (Regular Price)

$25.60 €22.02

$45.56 €39.19

-43.81%

Taxi Start (Normal Tariff)

$7.78 €6.69

$4.29 €3.69

81.35%

Taxi (Normal Tariff) (1km)

$1.65 €1.42

$0.82 €0.70

101.22%

Taxi 1hour Waiting (Normal Tariff)

$93.4 €80.3

$18.30 €15.74

410.11%

Gasoline (1 liter)

$2.40 €2.06

$2.06 €1.78

16.50%

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

$50.2K €43.2K

$34.3K €29.5K

46.57%

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

$40.5K €34.9K

$39.3K €33.8K

3.15%

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

$332 €285

$148 €127

124.40%

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

$47.82 €41.14

$20.52 €17.65

133.04%

Internet (50+ Mbps, Unlimited Data)

$65.6 €56.4

$39.61 €34.08

65.54%

Gym Membership (Monthly)

$547 €470

$47.85 €41.16

1042.30%

Tennis Court (1 Hour on Weekend)

$46.84 €40.29

$18.92 €16.28

147.57%

Cinema Ticket

$13.74 €11.82

$9.18 €7.90

49.67%

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

$2,280 €1,961

$614 €528

271.30%

International Primary School, 1 Child (Yearly)

$46.9K €40.3K

$16.0K €13.8K

191.97%

Jeans (Levis 501 Or Similar)

$173 €149

$105 €90.0

65.48%

Summer Dress (H&M, Zara, etc)

$68.5 €59.0

$42.06 €36.18

62.96%

Sport Shoes (Adidas, Nike)

$199 €171

$94.0 €80.8

112.18%

Men's Leather Business Shoes

$689 €592

$120 €103

475.51%

1-bedroom Apartment, City Center (Monthly)

$8,692 €7,477

$1,628 €1,400

433.97%

1-bedroom Apartment, Outside City Center (Monthly)

$8,261 €7,107

$1,255 €1,080

558.16%

3-bedroom Apartment, City Center (Monthly)

$42.5K €36.6K

$3,030 €2,607

1303.36%

3-bedroom Apartment, Outside City Center (Monthly)

$6,853 €5,895

$2,020 €1,738

239.21%

Buy Apartment in City Center (m2)

$73.7K €63.4K

$7,800 €6,709

844.55%

Buy Apartment Outside City Center (m2)

$57.1K €49.1K

$4,273 €3,675

1236.53%

Average Monthly Net Salary (After Tax)

$9,390 €8,078

$1,603 €1,379

485.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.25

3.81

-14.70%

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

Last update for Monaco: June 1, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $8,692 in Monaco and $1,628 in Lisbon. Housing cost is often the main lever when comparing two cities.

Monaco pays 486% 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: $202 in Monaco vs $65.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $497 vs $269 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

Monaco vs Lisbon: Cost of Living - Frequently Asked Questions

Monaco and Lisbon differ by about 397% in total monthly costs ($11.0K vs $2,210 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Monaco pays 486% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $8,692 in Monaco versus $1,628 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $2,280 in Monaco versus $614 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 84% higher in Monaco. 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, Monaco and Lisbon 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 397% less than in Monaco. Beyond cost, consider language, visa policies, and how big the international community is in each city.