Last update: Oct 2026

Cost of Living Comparison Between Njardvik and Lisbon

For one person, living is cheaper in Lisbon: $2,210 a month against $3,156 in Njardvik, rent and utilities included – about $11,400 less a year. Other living expenses account for most of the difference.

152

Cost of Living Index in Njardvik
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Njardvik Living Index
107

Cost of Living Index in Lisbon
Learn more

Lisbon Living Index

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Njardvik

🇮🇸 Iceland

$3,156

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

How much you'll spend in Njardvik and in Lisbon

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Njardvik and in Lisbon actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,156 in Njardvik versus $2,210 in Lisbon.

Njardvik $3,156
Lisbon $2,210

Estimated couple costs with rent: $4,909 in Njardvik versus $3,275 in Lisbon.

Njardvik $4,909
Lisbon $3,275

Monthly costs for a family of three with rent: $6,662 in Njardvik versus $4,341 in Lisbon.

Njardvik $6,662
Lisbon $4,341

Living in Njardvik is roughly 43% more expensive than in Lisbon, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Njardvik 132% above, Lisbon 62% above.

Meal at Budget Restaurant

$24.20 ISK 2,948

$16.65 €14.96

45.35%

Three-Course Dinner for Two, Mid-Range

$97.0 ISK 11.8K

$61.7 €55.5

57.13%

Fast Food Meal (McDonalds, etc)

$16.48 ISK 2,008

$11.36 €10.20

45.07%

Cappuccino

$6.50 ISK 791

$2.97 €2.67

118.86%

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

$1.61 ISK 197

$2.29 €2.06

-29.69%

Water (0.33 liter bottle)

$2.40 ISK 292

$1.74 €1.56

37.93%

Local Beer (0.5 liter draught)

$10.51 ISK 1,281

$3.40 €3.06

209.12%

Imported Beer (0.33 liter bottle)

$12.48 ISK 1,521

$3.31 €2.97

277.04%

Milk (1 liter)

$2.11 ISK 257

$1.16 €1.04

81.90%

White Bread (500g)

$4.17 ISK 508

$1.91 €1.72

118.32%

Rice (white) (1kg)

$3.70 ISK 451

$1.51 €1.36

145.03%

Eggs

$7.08 ISK 863

$4.02 €3.61

76.12%

Local Cheese (1kg)

$22.25 ISK 2,711

$12.94 €11.62

71.95%

Chicken Fillets (1kg)

$24.24 ISK 2,954

$7.77 €6.99

211.97%

Beef Round Steak (1kg)

$41.65 ISK 5,075

$17.76 €15.96

134.52%

Apples (1kg)

$3.34 ISK 408

$2.30 €2.07

45.22%

Banana (1kg)

$2.85 ISK 347

$1.73 €1.56

64.74%

Oranges (1kg)

$3.21 ISK 391

$1.86 €1.67

72.58%

Tomato (1kg)

$6.56 ISK 800

$2.59 €2.33

153.28%

Potato (1kg)

$3.99 ISK 487

$1.82 €1.64

119.23%

Onion (1kg)

$1.64 ISK 200

$1.97 €1.77

-16.75%

Lettuce (1 head)

$3.76 ISK 458

$1.47 €1.32

155.78%

Water (1.5 liter bottle)

$1.81 ISK 220

$0.72 €0.65

151.39%

Cigarettes 20 Pack (Marlboro, Camel)

$14.20 ISK 1,730

$6.58 €5.92

115.81%

Wine (Bottle)

$23.44 ISK 2,855

$5.61 €5.04

317.83%

Local Beer (0.5 liter bottle)

$3.53 ISK 430

$1.36 €1.22

159.56%

Imported Beer (0.33 liter bottle)

$3.45 ISK 420

$2.14 €1.92

61.21%

One-way Ticket (Public Transport)

$2.33 €2.10

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

Taxi Start (Normal Tariff)

$6.86 ISK 836

$3.85 €3.46

78.18%

Taxi (Normal Tariff) (1km)

$2.87 ISK 350

$1.07 €0.96

168.22%

Taxi 1hour Waiting (Normal Tariff)

$80.1 ISK 9,758

$16.46 €14.79

386.57%

Gasoline (1 liter)

$2.07 ISK 253

$2.20 €1.98

-5.91%

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

$68.2K ISK 8.3M

$34.2K €30.7K

99.41%

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

$55.1K ISK 6.7M

$38.7K €34.8K

42.39%

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

$96.6 ISK 11.8K

$161 €145

-40.11%

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

$33.24 ISK 4,050

$18.41 €16.54

80.55%

Internet (50+ Mbps, Unlimited Data)

$86.5 ISK 10.5K

$32.74 €29.41

164.32%

Gym Membership (Monthly)

$82.1 ISK 9,997

$44.55 €40.03

84.18%

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

Cinema Ticket

$19.91 ISK 2,426

$9.60 €8.62

107.40%

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

$1,200 ISK 146.2K

$668 €600

79.77%

International Primary School, 1 Child (Yearly)

$25.5K ISK 3.1M

$17.6K €15.8K

45.01%

Jeans (Levis 501 Or Similar)

$121 ISK 14.7K

$102 €91.7

18.25%

Summer Dress (H&M, Zara, etc)

$65.0 ISK 7,914

$44.46 €39.95

46.09%

Sport Shoes (Adidas, Nike)

$182 ISK 22.1K

$98.5 €88.5

84.36%

Men's Leather Business Shoes

$253 ISK 30.9K

$124 €111

104.84%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

1-bedroom Apartment, Outside City Center (Monthly)

$1,481 ISK 180.4K

$1,190 €1,069

24.44%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,527

3-bedroom Apartment, Outside City Center (Monthly)

$2,743 ISK 334.2K

$2,013 €1,809

36.24%

Buy Apartment in City Center (m2)

$7,839 €7,043

Buy Apartment Outside City Center (m2)

$4,576 €4,111

Average Monthly Net Salary (After Tax)

$4,066 ISK 495.4K

$1,575 €1,415

158.14%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.81

3.85

128.83%

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

Last update for Njardvik: October 27, 2026

Last update for Lisbon: October 27, 2026

Monthly budget structure

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

Accommodation & Living

Njardvik

$1.5K 46.9%

Lisbon

$1.2K 53.8% 19.6% $291

Groceries & Markets

Njardvik

$622 19.7%

Lisbon

$272 12.3% 56.2% $349

Eating Out

Njardvik

$415 13.1%

Lisbon

$243 11% 41.5% $172

Clothing & Footwear

Njardvik

$279 8.9%

Lisbon

$166 7.5% 40.6% $113

Monthly Utilities & Internet

Njardvik

$216 6.9%

Lisbon

$212 9.6% 1.8% $4

Sport & Entertainment

Njardvik

$122 3.9%

Lisbon

$64 2.9% 47.7% $58

Getting Around

Njardvik

$21 * 0.7%

Lisbon

$63 2.9% 198% $42

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Njardvik pays about 2.6 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $97 in Njardvik vs $62 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $622 vs $272 per month, with Lisbon cheaper across the board.

Good to know

🇮🇸 Njardvik

🇵🇹 Lisbon

🕒 Local time

11:56 11:56 AM

Same time as Njardvik

🌤 Weather

👥 Population

6,000

545,923 Capital

💱 Currency

Icelandic Króna ISK kr

Euro EUR €

📈 Exchange rate

1,000 ISK = 8.21 USD

1,000 ISK = 7.37 EUR

1 EUR = 1.11 USD

Exchange rates and currency converter

EUR, USD to ISK – Icelandic Króna Converter

🇺🇸 United States Dollar ($)

🇮🇸 Icelandic Króna (kr)

Icelandic Króna exchange rates as of October 28, 2026: 1 USD = 122 ISK (1,000 ISK = 8.21 USD). 1 EUR = 136 ISK (1,000 ISK = 7.37 EUR).

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to ISK in detail →

On the map

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Highest

Between locations

Njardvik Lisbon 2,950 km ≈ 4 h 15 min nonstop flight

From you

Njardvik
Lisbon

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

Njardvik vs Lisbon: Cost of Living - Frequently Asked Questions

Njardvik and Lisbon differ by about 43% in total monthly costs ($3,156 vs $2,210 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay in Njardvik is about 2.6 times higher, 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 128% higher in Njardvik. For households that cook at home regularly, that difference adds up over a month.

All in, you’ll spend $3,156 per month in Njardvik versus $2,210 in Lisbon – a 43% gap that adds up to real savings over time for anyone picking the cheaper option.

At $2,210 in Lisbon versus $3,156 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.

It comes down to priorities – Lisbon wins on affordability, Njardvik on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.