Cost of Living Comparison Between Njardvik and Lisbon Cost of Living Comparison Between Njardvik and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $3,112 in Njardvik versus $2,268 in Lisbon.

Estimated couple costs with rent: $4,926 in Njardvik versus $3,348 in Lisbon.

Monthly costs for a family of three with rent: $6,740 in Njardvik versus $4,429 in Lisbon.

Living in Njardvik is roughly 37% more expensive than in Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Njardvik 126% above, Lisbon 64% above.

Meal at Budget Restaurant

$24.79 ISK 2,986

$17.55 €15.12

41.25%

Three-Course Dinner for Two, Mid-Range

$98.6 ISK 11.9K

$64.5 €55.6

52.91%

Fast Food Meal (McDonalds, etc)

$16.67 ISK 2,008

$11.65 €10.04

43.09%

Cappuccino

$6.73 ISK 811

$3.26 €2.81

106.44%

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

$1.66 ISK 200

$2.49 €2.15

-33.33%

Water (0.33 liter bottle)

$2.42 ISK 291

$1.67 €1.44

44.91%

Local Beer (0.5 liter draught)

$10.63 ISK 1,280

$3.47 €2.99

206.34%

Imported Beer (0.33 liter bottle)

$12.18 ISK 1,467

$3.58 €3.08

240.22%

Milk (1 liter)

$2.12 ISK 255

$1.18 €1.02

79.66%

White Bread (500g)

$4.45 ISK 535

$1.95 €1.68

128.21%

Rice (white) (1kg)

$3.66 ISK 441

$1.56 €1.35

134.62%

Eggs

$7.41 ISK 893

$4.01 €3.46

84.79%

Local Cheese (1kg)

$21.66 ISK 2,609

$13.27 €11.44

63.23%

Chicken Fillets (1kg)

$25.20 ISK 3,035

$8.42 €7.26

199.29%

Beef Round Steak (1kg)

$41.44 ISK 4,992

$18.23 €15.72

127.32%

Apples (1kg)

$3.45 ISK 415

$2.32 €2.00

48.71%

Banana (1kg)

$2.79 ISK 337

$1.73 €1.49

61.27%

Oranges (1kg)

$3.23 ISK 389

$1.93 €1.67

67.36%

Tomato (1kg)

$6.50 ISK 783

$2.64 €2.27

146.21%

Potato (1kg)

$4.13 ISK 497

$1.90 €1.64

117.37%

Onion (1kg)

$1.71 ISK 206

$2.11 €1.82

-18.96%

Lettuce (1 head)

$3.79 ISK 457

$1.44 €1.24

163.19%

Water (1.5 liter bottle)

$1.76 ISK 212

$0.80 €0.69

120.00%

Cigarettes 20 Pack (Marlboro, Camel)

$13.83 ISK 1,665

$7.01 €6.04

97.29%

Wine (Bottle)

$24.23 ISK 2,919

$5.92 €5.11

309.29%

Local Beer (0.5 liter bottle)

$3.76 ISK 452

$1.36 €1.18

176.47%

Imported Beer (0.33 liter bottle)

$3.51 ISK 422

$2.15 €1.85

63.26%

One-way Ticket (Public Transport)

$2.38 €2.05

Public Transport Monthly Pass (Regular Price)

$46.22 €39.85

Taxi Start (Normal Tariff)

$6.71 ISK 808

$4.19 €3.61

60.14%

Taxi (Normal Tariff) (1km)

$2.93 ISK 352

$1.10 €0.95

166.36%

Taxi 1hour Waiting (Normal Tariff)

$73.9 ISK 8,896

$17.26 €14.88

327.93%

Gasoline (1 liter)

$1.94 ISK 234

$2.25 €1.94

-13.78%

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

$51.2K ISK 6.2M

$34.5K €29.7K

48.67%

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

$53.1K ISK 6.4M

$41.6K €35.9K

27.57%

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

$86.8 ISK 10.5K

$171 €147

-49.20%

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

$33.03 ISK 3,978

$19.01 €16.38

73.75%

Internet (50+ Mbps, Unlimited Data)

$83.9 ISK 10.1K

$34.28 €29.55

144.72%

Gym Membership (Monthly)

$82.6 ISK 9,946

$49.65 €42.80

66.30%

Tennis Court (1 Hour on Weekend)

$19.51 €16.81

Cinema Ticket

$19.43 ISK 2,341

$10.10 €8.71

92.38%

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

$1,211 ISK 145.9K

$699 €603

73.22%

International Primary School, 1 Child (Yearly)

$31.1K ISK 3.7M

$17.8K €15.3K

75.09%

Jeans (Levis 501 Or Similar)

$123 ISK 14.8K

$105 €90.2

17.24%

Summer Dress (H&M, Zara, etc)

$66.0 ISK 7,944

$47.97 €41.35

37.48%

Sport Shoes (Adidas, Nike)

$178 ISK 21.5K

$102 €87.8

75.09%

Men's Leather Business Shoes

$249 ISK 30.0K

$128 €111

93.99%

1-bedroom Apartment, City Center (Monthly)

$1,661 €1,432

1-bedroom Apartment, Outside City Center (Monthly)

$1,461 ISK 176.0K

$1,228 €1,059

18.94%

3-bedroom Apartment, City Center (Monthly)

$2,915 €2,513

3-bedroom Apartment, Outside City Center (Monthly)

$2,727 ISK 328.5K

$2,023 €1,744

34.80%

Buy Apartment in City Center (m2)

$8,129 €7,007

Buy Apartment Outside City Center (m2)

$4,635 €3,996

Average Monthly Net Salary (After Tax)

$4,001 ISK 481.9K

$1,619 €1,396

147.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.88

3.78

134.92%

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

Last update for Njardvik: September 7, 2026

Last update for Lisbon: September 5, 2026

Cost Breakdown

Njardvik pays 147% 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: $99.0 in Njardvik vs $64.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $631 vs $281 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

Njardvik vs Lisbon: Cost of Living - Frequently Asked Questions

Njardvik and Lisbon differ by about 37% in total monthly costs ($3,112 vs $2,268 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 147% higher in Njardvik, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Supermarket bills run roughly 124% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,112 per month in Njardvik versus $2,268 in Lisbon – a 37% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,268 in Lisbon versus $3,112 in Njardvik, a $3,000 budget is realistic in Lisbon but tight or insufficient in Njardvik. The gap between the two cities makes Lisbon 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, Njardvik 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 37% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.