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: $2,311 in Peace River, AB versus $2,210 in Lisbon.

Estimated couple costs with rent: $3,348 in Peace River, AB versus $3,311 in Lisbon.

Monthly costs for a family of three with rent: $4,386 in Peace River, AB versus $4,411 in Lisbon.

Living in Peace River, AB is roughly 5% more expensive than Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Peace River, AB 72% above, Lisbon 65% above.

Meal at Budget Restaurant

$16.63 CA$23.13

$15.91 €13.70

4.53%

Three-Course Dinner for Two, Mid-Range

$69.6 CA$96.7

$64.8 €55.8

7.40%

Fast Food Meal (McDonalds, etc)

$11.01 CA$15.31

$10.51 €9.05

4.76%

Cappuccino

$3.77 CA$5.24

$2.87 €2.47

31.36%

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

$2.04 CA$2.84

$2.24 €1.93

-8.93%

Water (0.33 liter bottle)

$1.65 CA$2.30

$1.50 €1.29

10.00%

Local Beer (0.5 liter draught)

$5.47 CA$7.60

$3.49 €3.01

56.73%

Imported Beer (0.33 liter bottle)

$5.76 CA$8.01

$3.88 €3.34

48.45%

Milk (1 liter)

$2.09 CA$2.91

$1.14 €0.98

83.33%

White Bread (500g)

$2.64 CA$3.67

$1.75 €1.51

50.86%

Rice (white) (1kg)

$3.62 CA$5.04

$1.76 €1.51

105.68%

Eggs

$3.51 CA$4.88

$3.22 €2.77

9.01%

Local Cheese (1kg)

$11.31 CA$15.72

$13.49 €11.61

-16.16%

Chicken Fillets (1kg)

$11.81 CA$16.43

$7.91 €6.81

49.30%

Beef Round Steak (1kg)

$14.43 CA$20.07

$15.87 €13.67

-9.07%

Apples (1kg)

$3.96 CA$5.50

$2.31 €1.99

71.43%

Banana (1kg)

$1.37 CA$1.90

$1.70 €1.46

-19.41%

Oranges (1kg)

$3.74 CA$5.20

$2.01 €1.73

86.07%

Tomato (1kg)

$3.68 CA$5.12

$2.46 €2.12

49.59%

Potato (1kg)

$2.43 CA$3.38

$1.84 €1.59

32.07%

Onion (1kg)

$2.59 CA$3.60

$2.00 €1.72

29.50%

Lettuce (1 head)

$2.60 CA$3.62

$1.93 €1.66

34.72%

Water (1.5 liter bottle)

$1.79 CA$2.49

$0.79 €0.68

126.58%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 CA$19.19

$6.61 €5.69

108.77%

Wine (Bottle)

$11.95 CA$16.63

$5.72 €4.93

108.92%

Local Beer (0.5 liter bottle)

$2.86 CA$3.98

$1.37 €1.18

108.76%

Imported Beer (0.33 liter bottle)

$3.18 CA$4.42

$2.97 €2.56

7.07%

One-way Ticket (Public Transport)

$2.33 CA$3.24

$2.37 €2.04

-1.69%

Public Transport Monthly Pass (Regular Price)

$63.4 CA$88.1

$45.56 €39.22

39.07%

Taxi Start (Normal Tariff)

$3.15 CA$4.38

$4.29 €3.69

-26.57%

Taxi (Normal Tariff) (1km)

$1.43 CA$1.99

$0.82 €0.70

74.39%

Taxi 1hour Waiting (Normal Tariff)

$25.95 CA$36.09

$18.30 €15.76

41.80%

Gasoline (1 liter)

$1.16 CA$1.62

$2.06 €1.78

-43.69%

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

$25.0K CA$34.7K

$34.3K €29.5K

-27.18%

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

$20.6K CA$28.6K

$39.3K €33.8K

-47.58%

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

$145 CA$202

$148 €127

-1.85%

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

$44.09 CA$61.3

$20.52 €17.67

114.86%

Internet (50+ Mbps, Unlimited Data)

$61.4 CA$85.4

$39.61 €34.10

55.04%

Gym Membership (Monthly)

$41.40 CA$57.6

$47.85 €41.19

-13.48%

Tennis Court (1 Hour on Weekend)

$18.92 €16.29

Cinema Ticket

$11.57 CA$16.09

$9.18 €7.91

26.03%

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

$731 CA$1,016

$614 €529

19.01%

International Primary School, 1 Child (Yearly)

$11.8K CA$16.4K

$16.0K €13.8K

-26.43%

Jeans (Levis 501 Or Similar)

$53.5 CA$74.4

$105 €90.1

-48.92%

Summer Dress (H&M, Zara, etc)

$39.40 CA$54.8

$42.06 €36.21

-6.32%

Sport Shoes (Adidas, Nike)

$85.2 CA$118

$94.0 €80.9

-9.38%

Men's Leather Business Shoes

$108 CA$151

$120 €103

-9.34%

1-bedroom Apartment, City Center (Monthly)

$1,330 CA$1,850

$1,628 €1,401

-18.29%

1-bedroom Apartment, Outside City Center (Monthly)

$1,158 CA$1,611

$1,255 €1,081

-7.72%

3-bedroom Apartment, City Center (Monthly)

$1,986 CA$2,762

$3,030 €2,609

-34.47%

3-bedroom Apartment, Outside City Center (Monthly)

$1,850 CA$2,573

$2,020 €1,739

-8.40%

Buy Apartment in City Center (m2)

$4,292 CA$5,969

$7,800 €6,715

-44.97%

Buy Apartment Outside City Center (m2)

$3,503 CA$4,871

$4,273 €3,678

-18.02%

Average Monthly Net Salary (After Tax)

$1,603 €1,380

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: June 2, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,330 in Peace River, AB and $1,628 in Lisbon. Housing cost is often the main lever when comparing two cities.

Dining out: $70.0 in Peace River, AB vs $65.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $362 vs $269 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 5% in total monthly costs ($2,311 vs $2,210 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,466 in Peace River, AB and $3,315 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: $1,330 in Peace River, AB versus $1,628 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $731 in Peace River, AB versus $614 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 35% higher in Peace River, AB. For households that cook at home regularly, that difference adds up over a month.

At $2,210 in Lisbon versus $2,311 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 5% less than in Peace River, AB. Beyond cost, consider language, visa policies, and how big the international community is in each city.