Cost of Living Comparison Between Peace River, AB and Lisbon Cost of Living Comparison Between Peace River, AB and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $2,305 in Peace River, AB versus $2,291 in Lisbon.

Estimated couple costs with rent: $3,373 in Peace River, AB versus $3,322 in Lisbon.

Monthly costs for a family of three with rent: $4,441 in Peace River, AB versus $4,354 in Lisbon.

Living in Peace River, AB is roughly 1% more expensive than in Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Peace River, AB 73% above, Lisbon 71% above.

Meal at Budget Restaurant

$17.26 CA$24.29

$16.19 €14.18

6.61%

Three-Course Dinner for Two, Mid-Range

$69.6 CA$97.9

$63.3 €55.5

9.87%

Fast Food Meal (McDonalds, etc)

$11.26 CA$15.84

$10.32 €9.04

9.11%

Cappuccino

$3.69 CA$5.20

$2.83 €2.48

30.39%

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

$2.03 CA$2.85

$2.29 €2.01

-11.35%

Water (0.33 liter bottle)

$1.70 CA$2.39

$1.58 €1.38

7.59%

Local Beer (0.5 liter draught)

$5.44 CA$7.66

$3.40 €2.98

60.00%

Imported Beer (0.33 liter bottle)

$5.91 CA$8.32

$4.03 €3.53

46.65%

Milk (1 liter)

$2.21 CA$3.11

$1.09 €0.96

102.75%

White Bread (500g)

$2.63 CA$3.70

$1.75 €1.53

50.29%

Rice (white) (1kg)

$3.57 CA$5.02

$1.76 €1.54

102.84%

Eggs

$3.50 CA$4.92

$3.17 €2.77

10.41%

Local Cheese (1kg)

$10.98 CA$15.44

$13.19 €11.56

-16.76%

Chicken Fillets (1kg)

$11.77 CA$16.56

$7.97 €6.98

47.68%

Beef Round Steak (1kg)

$14.97 CA$21.07

$15.53 €13.60

-3.61%

Apples (1kg)

$4.16 CA$5.85

$2.37 €2.07

75.53%

Banana (1kg)

$1.38 CA$1.94

$1.71 €1.49

-19.30%

Oranges (1kg)

$3.63 CA$5.11

$2.01 €1.76

80.60%

Tomato (1kg)

$3.71 CA$5.22

$2.43 €2.13

52.67%

Potato (1kg)

$2.41 CA$3.39

$1.76 €1.54

36.93%

Onion (1kg)

$2.47 CA$3.47

$2.03 €1.78

21.67%

Lettuce (1 head)

$2.51 CA$3.53

$1.92 €1.68

30.73%

Water (1.5 liter bottle)

$1.73 CA$2.43

$0.85 €0.74

103.53%

Cigarettes 20 Pack (Marlboro, Camel)

$13.76 CA$19.37

$6.58 €5.76

109.12%

Wine (Bottle)

$13.15 CA$18.51

$5.58 €4.89

135.66%

Local Beer (0.5 liter bottle)

$2.84 CA$3.99

$1.33 €1.17

113.53%

Imported Beer (0.33 liter bottle)

$3.01 CA$4.24

$2.97 €2.60

1.35%

One-way Ticket (Public Transport)

$2.32 CA$3.26

$2.28 €1.99

1.75%

Public Transport Monthly Pass (Regular Price)

$61.7 CA$86.8

$45.79 €40.10

34.68%

Taxi Start (Normal Tariff)

$3.13 CA$4.41

$4.23 €3.70

-26.00%

Taxi (Normal Tariff) (1km)

$1.50 CA$2.11

$0.81 €0.71

85.19%

Taxi 1hour Waiting (Normal Tariff)

$26.00 CA$36.59

$18.44 €16.15

41.00%

Gasoline (1 liter)

$1.16 CA$1.63

$2.08 €1.82

-44.23%

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

$25.1K CA$35.3K

$34.7K €30.4K

-27.59%

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

$20.4K CA$28.8K

$39.2K €34.3K

-47.81%

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

$145 CA$204

$148 €130

-2.09%

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

$43.87 CA$61.7

$20.46 €17.92

114.42%

Internet (50+ Mbps, Unlimited Data)

$62.5 CA$88.0

$39.56 €34.64

58.09%

Gym Membership (Monthly)

$41.16 CA$57.9

$47.99 €42.03

-14.23%

Tennis Court (1 Hour on Weekend)

$18.60 €16.29

Cinema Ticket

$11.30 CA$15.91

$9.22 €8.08

22.56%

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

$750 CA$1,056

$616 €540

21.77%

International Primary School, 1 Child (Yearly)

$11.6K CA$16.3K

$16.4K €14.4K

-29.67%

Jeans (Levis 501 Or Similar)

$53.9 CA$75.8

$103 €90.0

-47.53%

Summer Dress (H&M, Zara, etc)

$40.25 CA$56.6

$41.74 €36.55

-3.57%

Sport Shoes (Adidas, Nike)

$87.2 CA$123

$94.8 €83.0

-8.02%

Men's Leather Business Shoes

$108 CA$151

$122 €107

-11.83%

1-bedroom Apartment, City Center (Monthly)

$1,333 CA$1,875

$1,633 €1,430

-18.37%

1-bedroom Apartment, Outside City Center (Monthly)

$1,178 CA$1,658

$1,232 €1,079

-4.37%

3-bedroom Apartment, City Center (Monthly)

$2,003 CA$2,818

$3,098 €2,713

-35.36%

3-bedroom Apartment, Outside City Center (Monthly)

$1,787 CA$2,515

$2,031 €1,779

-12.03%

Buy Apartment in City Center (m2)

$4,719 CA$6,640

$7,831 €6,858

-39.74%

Buy Apartment Outside City Center (m2)

$4,047 CA$5,695

$4,389 €3,844

-7.79%

Average Monthly Net Salary (After Tax)

$1,607 €1,408

20-Year Fixed Mortgage Interest Rate (Annual %)

6.46

3.81

69.55%

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

Last update for Peace River, AB: July 12, 2026

Last update for Lisbon: July 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,333 in Peace River, AB and $1,633 in Lisbon. Housing cost is often the main lever when comparing two cities.

Dining out: $70.0 in Peace River, AB vs $63.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $365 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

Peace River, AB vs Lisbon: Cost of Living - Frequently Asked Questions

Peace River, AB and Lisbon differ by about 1% in total monthly costs ($2,305 vs $2,291 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,458 in Peace River, AB and $3,437 in Lisbon to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $1,333 in Peace River, AB versus $1,633 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $750 in Peace River, AB versus $616 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 37% higher in Peace River, AB. For households that cook at home regularly, that difference adds up over a month.

At $2,291 in Lisbon versus $2,305 in Peace River, AB, a $3,000 budget is realistic in Lisbon but tight or insufficient in Peace River, AB. 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, Peace River, AB 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 1% less than in Peace River, AB. Beyond cost, consider language, visa policies, and how big the international community is in each city.