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: $3,084 in Njardvik versus $2,280 in Lisbon.

Estimated couple costs with rent: $4,824 in Njardvik versus $3,294 in Lisbon.

Monthly costs for a family of three with rent: $6,564 in Njardvik versus $4,307 in Lisbon.

Living in Njardvik is roughly 35% more expensive than in Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Njardvik 132% above, Lisbon 71% above.

Meal at Budget Restaurant

$23.99 ISK 2,984

$15.75 €13.74

52.32%

Three-Course Dinner for Two, Mid-Range

$97.5 ISK 12.1K

$63.5 €55.3

53.65%

Fast Food Meal (McDonalds, etc)

$16.12 ISK 2,006

$10.45 €9.11

54.26%

Cappuccino

$6.07 ISK 756

$2.91 €2.54

108.59%

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

$1.63 ISK 203

$2.29 €2.00

-28.82%

Water (0.33 liter bottle)

$2.43 ISK 303

$1.50 €1.31

62.00%

Local Beer (0.5 liter draught)

$10.60 ISK 1,318

$3.56 €3.11

197.75%

Imported Beer (0.33 liter bottle)

$11.11 ISK 1,382

$3.96 €3.46

180.56%

Milk (1 liter)

$1.86 ISK 232

$1.08 €0.94

72.22%

White Bread (500g)

$4.19 ISK 521

$1.76 €1.54

138.07%

Rice (white) (1kg)

$3.56 ISK 443

$1.70 €1.48

109.41%

Eggs

$6.29 ISK 782

$3.25 €2.83

93.54%

Local Cheese (1kg)

$18.07 ISK 2,247

$13.25 €11.55

36.38%

Chicken Fillets (1kg)

$23.80 ISK 2,960

$7.70 €6.72

209.09%

Beef Round Steak (1kg)

$42.65 ISK 5,305

$15.77 €13.75

170.45%

Apples (1kg)

$3.30 ISK 411

$2.28 €1.99

44.74%

Banana (1kg)

$2.41 ISK 299

$1.66 €1.44

45.18%

Oranges (1kg)

$2.96 ISK 368

$2.02 €1.76

46.53%

Tomato (1kg)

$5.14 ISK 640

$2.47 €2.16

108.10%

Potato (1kg)

$3.51 ISK 437

$1.79 €1.56

96.09%

Onion (1kg)

$2.44 ISK 304

$2.07 €1.80

17.87%

Lettuce (1 head)

$3.18 ISK 396

$1.97 €1.72

61.42%

Water (1.5 liter bottle)

$1.94 ISK 242

$0.83 €0.73

133.73%

Cigarettes 20 Pack (Marlboro, Camel)

$13.76 ISK 1,712

$6.55 €5.71

110.08%

Wine (Bottle)

$23.07 ISK 2,870

$5.57 €4.85

314.18%

Local Beer (0.5 liter bottle)

$3.68 ISK 458

$1.33 €1.16

176.69%

Imported Beer (0.33 liter bottle)

$3.38 ISK 420

$3.01 €2.62

12.29%

One-way Ticket (Public Transport)

$2.27 €1.98

Public Transport Monthly Pass (Regular Price)

$46.35 €40.41

Taxi Start (Normal Tariff)

$6.47 ISK 805

$4.23 €3.69

52.96%

Taxi (Normal Tariff) (1km)

$2.54 ISK 316

$0.85 €0.74

198.82%

Taxi 1hour Waiting (Normal Tariff)

$85.6 ISK 10.7K

$18.83 €16.41

354.81%

Gasoline (1 liter)

$2.56 ISK 319

$2.02 €1.76

26.73%

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

$46.9K ISK 5.8M

$35.0K €30.5K

34.10%

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

$52.4K ISK 6.5M

$39.6K €34.6K

32.27%

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

$86.4 ISK 10.7K

$148 €129

-41.63%

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

$27.25 ISK 3,390

$20.52 €17.89

32.80%

Internet (50+ Mbps, Unlimited Data)

$86.4 ISK 10.8K

$39.52 €34.46

118.67%

Gym Membership (Monthly)

$79.4 ISK 9,876

$48.17 €42.00

64.83%

Tennis Court (1 Hour on Weekend)

$18.39 €16.03

Cinema Ticket

$17.27 ISK 2,148

$9.10 €7.93

89.78%

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

$325 ISK 40.4K

$615 €536

-47.11%

International Primary School, 1 Child (Yearly)

$29.8K ISK 3.7M

$16.3K €14.2K

83.09%

Jeans (Levis 501 Or Similar)

$123 ISK 15.2K

$102 €88.6

20.61%

Summer Dress (H&M, Zara, etc)

$61.0 ISK 7,589

$42.09 €36.69

44.95%

Sport Shoes (Adidas, Nike)

$183 ISK 22.8K

$92.3 €80.5

98.31%

Men's Leather Business Shoes

$268 ISK 33.3K

$122 €106

119.34%

1-bedroom Apartment, City Center (Monthly)

$1,612 €1,405

1-bedroom Apartment, Outside City Center (Monthly)

$1,466 ISK 182.3K

$1,254 €1,093

16.91%

3-bedroom Apartment, City Center (Monthly)

$3,069 €2,676

3-bedroom Apartment, Outside City Center (Monthly)

$2,609 ISK 324.6K

$2,037 €1,776

28.13%

Buy Apartment in City Center (m2)

$7,751 €6,757

Buy Apartment Outside City Center (m2)

$4,286 €3,737

Average Monthly Net Salary (After Tax)

$3,915 ISK 487.0K

$1,602 €1,396

144.42%

20-Year Fixed Mortgage Interest Rate (Annual %)

9.63

3.81

152.76%

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

Last update for Njardvik: July 26, 2026

Last update for Lisbon: July 27, 2026

Cost Breakdown

Njardvik pays 144% 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: $98.0 in Njardvik vs $63.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $592 vs $267 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 35% in total monthly costs ($3,084 vs $2,280 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 144% 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 122% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $3,084 per month in Njardvik versus $2,280 in Lisbon – a 35% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,280 in Lisbon versus $3,084 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 35% less than in Njardvik. Beyond cost, consider language, visa policies, and how big the international community is in each city.