Last update: Oct 2026

Cost of Living Comparison Between Palaio Faliro, Athens and Lisbon

For one person, living is cheaper in Palaio Faliro, Athens: $1,689 a month against $2,223 in Lisbon, rent and utilities included – about $6,400 less a year. Rent and utilities account for most of the difference.

83

Cost of Living Index in Palaio Faliro, Athens
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Palaio Faliro, Athens Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Palaio Faliro, Athens

🇬🇷 Greece

$1,689

/mo nomad

Lisbon

🇵🇹 Portugal

$2,223

/mo nomad

Monthly Cost of Living

How much you'll spend in Palaio Faliro, Athens 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 Palaio Faliro, Athens and in Lisbon actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,689 in Palaio Faliro, Athens versus $2,223 in Lisbon.

Palaio Faliro, Athens $1,689
Lisbon $2,223

Estimated couple costs with rent: $2,619 in Palaio Faliro, Athens versus $3,271 in Lisbon.

Palaio Faliro, Athens $2,619
Lisbon $3,271

Monthly costs for a family of three with rent: $3,549 in Palaio Faliro, Athens versus $4,319 in Lisbon.

Palaio Faliro, Athens $3,549
Lisbon $4,319

Living in Palaio Faliro, Athens costs roughly 24% less than in Lisbon, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Palaio Faliro, Athens 25% above, Lisbon 65% above.

Meal at Budget Restaurant

$12.69 €11.29

$16.50 €14.67

-23.09%

Three-Course Dinner for Two, Mid-Range

$55.6 €49.45

$61.3 €54.5

-9.24%

Fast Food Meal (McDonalds, etc)

$10.19 €9.06

$11.27 €10.03

-9.58%

Cappuccino

$2.99 €2.66

$3.06 €2.72

-2.29%

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

$2.44 €2.17

$2.26 €2.01

7.96%

Water (0.33 liter bottle)

$0.50 €0.44

$1.73 €1.54

-71.10%

Local Beer (0.5 liter draught)

$4.86 €4.33

$3.39 €3.02

43.36%

Imported Beer (0.33 liter bottle)

$5.22 €4.64

$3.40 €3.02

53.53%

Milk (1 liter)

$1.82 €1.61

$1.12 €1.00

62.50%

White Bread (500g)

$1.27 €1.13

$1.86 €1.65

-31.72%

Rice (white) (1kg)

$2.11 €1.88

$1.53 €1.36

37.91%

Eggs

$2.90 €2.58

$3.96 €3.53

-26.77%

Local Cheese (1kg)

$16.09 €14.31

$12.76 €11.35

26.10%

Chicken Fillets (1kg)

$12.42 €11.05

$7.90 €7.02

57.22%

Beef Round Steak (1kg)

$13.89 €12.35

$16.97 €15.09

-18.15%

Apples (1kg)

$1.93 €1.71

$2.27 €2.02

-14.98%

Banana (1kg)

$1.77 €1.57

$1.75 €1.55

1.14%

Oranges (1kg)

$1.22 €1.08

$1.85 €1.64

-34.05%

Tomato (1kg)

$1.73 €1.54

$2.57 €2.28

-32.68%

Potato (1kg)

$0.91 €0.81

$1.86 €1.65

-51.08%

Onion (1kg)

$0.83 €0.74

$2.02 €1.80

-58.91%

Lettuce (1 head)

$0.81 €0.72

$1.44 €1.28

-43.75%

Water (1.5 liter bottle)

$0.83 €0.74

$0.82 €0.73

1.22%

Cigarettes 20 Pack (Marlboro, Camel)

$5.35 €4.76

$6.56 €5.83

-18.45%

Wine (Bottle)

$12.47 €11.09

$5.62 €5.00

121.89%

Local Beer (0.5 liter bottle)

$1.92 €1.71

$1.28 €1.14

50.00%

Imported Beer (0.33 liter bottle)

$2.62 €2.33

$2.07 €1.84

26.57%

One-way Ticket (Public Transport)

$1.54 €1.37

$2.35 €2.09

-34.47%

Public Transport Monthly Pass (Regular Price)

$45.00 €40.03

$44.18 €39.30

1.86%

Taxi Start (Normal Tariff)

$4.15 €3.69

$3.99 €3.55

4.01%

Taxi (Normal Tariff) (1km)

$1.18 €1.05

$1.09 €0.97

8.26%

Taxi 1hour Waiting (Normal Tariff)

$17.37 €15.45

$16.64 €14.81

4.39%

Gasoline (1 liter)

$1.94 €1.73

$2.28 €2.03

-14.91%

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

$27.5K €24.5K

$33.7K €30.0K

-18.25%

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

$25.5K €22.7K

$39.3K €35.0K

-35.15%

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

$209 €186

$167 €149

24.80%

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

$31.96 €28.43

$18.80 €16.72

70.00%

Internet (50+ Mbps, Unlimited Data)

$29.60 €26.33

$33.09 €29.43

-10.55%

Gym Membership (Monthly)

$50.6 €45.02

$46.01 €40.93

10.02%

Tennis Court (1 Hour on Weekend)

$22.21 €19.75

$19.19 €17.07

15.74%

Cinema Ticket

$9.18 €8.17

$9.84 €8.75

-6.71%

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

$427 €380

$677 €602

-36.93%

International Primary School, 1 Child (Yearly)

$7,599 €6,759

$16.9K €15.1K

-55.09%

Jeans (Levis 501 Or Similar)

$84.4 €75.1

$101 €90.1

-16.65%

Summer Dress (H&M, Zara, etc)

$39.77 €35.37

$45.76 €40.70

-13.09%

Sport Shoes (Adidas, Nike)

$91.1 €81.0

$100.0 €88.9

-8.88%

Men's Leather Business Shoes

$113 €100

$123 €109

-8.29%

1-bedroom Apartment, City Center (Monthly)

$622 €553

$1,614 €1,436

-61.49%

1-bedroom Apartment, Outside City Center (Monthly)

$632 €563

$1,197 €1,065

-47.17%

3-bedroom Apartment, City Center (Monthly)

$1,444 €1,284

$2,862 €2,545

-49.54%

3-bedroom Apartment, Outside City Center (Monthly)

$1,249 €1,111

$1,990 €1,770

-37.22%

Buy Apartment in City Center (m2)

$2,785 €2,477

$7,577 €6,740

-63.25%

Buy Apartment Outside City Center (m2)

$2,625 €2,335

$4,307 €3,831

-39.06%

Average Monthly Net Salary (After Tax)

$959 €853

$1,588 €1,412

-39.60%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.46

3.85

15.84%

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

Last update for Palaio Faliro, Athens: October 12, 2026

Last update for Lisbon: October 11, 2026

Monthly budget structure

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

Accommodation & Living

Palaio Faliro, Athens

$632 37.4%

Lisbon

$1.2K 53.9% 89.3% $565

Groceries & Markets

Palaio Faliro, Athens

$294 17.4%

Lisbon

$269 12.1% 8.4% $25

Monthly Utilities & Internet

Palaio Faliro, Athens

$271 16%

Lisbon

$219 9.9% 18.9% $51

Eating Out

Palaio Faliro, Athens

$215 12.7%

Lisbon

$242 10.9% 12.9% $28

Clothing & Footwear

Palaio Faliro, Athens

$148 8.7%

Lisbon

$166 7.5% 12.8% $19

Sport & Entertainment

Palaio Faliro, Athens

$69 4.1%

Lisbon

$66 3% 4.8% $3.3

Getting Around

Palaio Faliro, Athens

$61 3.6%

Lisbon

$63 2.8% 2.9% $1.8

Cost Breakdown

A one-bedroom apartment in the center runs $622 in Palaio Faliro, Athens and $1,614 in Lisbon. Housing cost is often the main lever when comparing two cities.

Lisbon pays 66% 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: $56.0 in Palaio Faliro, Athens vs $61.0 in Lisbon. Groceries flip the comparison at $294 vs $269, with Lisbon cheaper for home cooking.

Good to know

🇬🇷 Palaio Faliro, Athens

🇵🇹 Lisbon

🕒 Local time

07:06 7:06 AM

05:06 5:06 AM

2 h behind Palaio Faliro, Athens

🌤 Weather

👥 Population

64,021

545,923 Capital

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

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Between locations

Palaio Faliro, Athens Lisbon 2,850 km ≈ 4 h nonstop flight

From you

Palaio Faliro, Athens
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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

Palaio Faliro, Athens vs Lisbon: Cost of Living - Frequently Asked Questions

Palaio Faliro, Athens and Lisbon differ by about 32% in total monthly costs ($1,689 vs $2,223 including rent). Palaio Faliro, Athens is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 66% 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: $622 in Palaio Faliro, Athens versus $1,614 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $427 in Palaio Faliro, Athens versus $677 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 9% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $1,689 in Palaio Faliro, Athens versus $2,223 in Lisbon, a $2,000 budget is realistic in Palaio Faliro, Athens but tight or insufficient in Lisbon. The gap between the two cities makes Palaio Faliro, Athens 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, Palaio Faliro, Athens 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 Palaio Faliro, Athens gentler on the wallet – expenses run 32% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.