Last update: Oct 2026

Cost of Living Comparison Between Peace River, AB and Lisbon

For one person, living costs are similar in Peace River, AB and in Lisbon: $2,231 and $2,202 a month, rent and utilities included.

108

Cost of Living Index in Peace River, AB
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Peace River, AB Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Peace River, AB

🇨🇦 Canada

$2,231

/mo nomad

Lisbon

🇵🇹 Portugal

$2,202

/mo nomad

Monthly Cost of Living

How much you'll spend in Peace River, AB 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 Peace River, AB and in Lisbon actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,231 in Peace River, AB versus $2,202 in Lisbon.

Peace River, AB $2,231
Lisbon $2,202

Estimated couple costs with rent: $3,200 in Peace River, AB versus $3,274 in Lisbon.

Peace River, AB $3,200
Lisbon $3,274

Monthly costs for a family of three with rent: $4,170 in Peace River, AB versus $4,346 in Lisbon.

Peace River, AB $4,170
Lisbon $4,346

Living in Peace River, AB is roughly 1% more expensive than in Lisbon, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Peace River, AB 65% above, Lisbon 62% above.

Meal at Budget Restaurant

$17.69 CA$25.01

$17.04 €15.15

3.81%

Three-Course Dinner for Two, Mid-Range

$64.9 CA$91.8

$62.3 €55.4

4.24%

Fast Food Meal (McDonalds, etc)

$10.32 CA$14.60

$11.02 €9.80

-6.35%

Cappuccino

$3.62 CA$5.12

$3.12 €2.78

16.03%

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

$1.99 CA$2.82

$2.27 €2.02

-12.33%

Water (0.33 liter bottle)

$1.62 CA$2.29

$1.74 €1.55

-6.90%

Local Beer (0.5 liter draught)

$5.09 CA$7.20

$3.42 €3.04

48.83%

Imported Beer (0.33 liter bottle)

$5.49 CA$7.76

$3.74 €3.33

46.79%

Milk (1 liter)

$2.00 CA$2.82

$1.17 €1.04

70.94%

White Bread (500g)

$2.42 CA$3.42

$1.86 €1.66

30.11%

Rice (white) (1kg)

$3.23 CA$4.56

$1.54 €1.37

109.74%

Eggs

$3.31 CA$4.68

$4.06 €3.61

-18.47%

Local Cheese (1kg)

$9.65 CA$13.64

$12.91 €11.49

-25.25%

Chicken Fillets (1kg)

$11.55 CA$16.33

$7.90 €7.03

46.20%

Beef Round Steak (1kg)

$14.39 CA$20.34

$17.64 €15.69

-18.42%

Apples (1kg)

$3.68 CA$5.21

$2.26 €2.01

62.83%

Banana (1kg)

$1.27 CA$1.80

$1.75 €1.55

-27.43%

Oranges (1kg)

$3.58 CA$5.06

$1.89 €1.68

89.42%

Tomato (1kg)

$3.72 CA$5.26

$2.56 €2.27

45.31%

Potato (1kg)

$2.49 CA$3.52

$1.85 €1.64

34.59%

Onion (1kg)

$2.24 CA$3.16

$1.97 €1.75

13.71%

Lettuce (1 head)

$2.44 CA$3.45

$1.45 €1.29

68.28%

Water (1.5 liter bottle)

$1.56 CA$2.20

$0.77 €0.69

102.60%

Cigarettes 20 Pack (Marlboro, Camel)

$14.27 CA$20.18

$6.71 €5.97

112.67%

Wine (Bottle)

$12.53 CA$17.71

$5.67 €5.04

120.99%

Local Beer (0.5 liter bottle)

$2.65 CA$3.74

$1.37 €1.22

93.43%

Imported Beer (0.33 liter bottle)

$3.07 CA$4.34

$2.11 €1.88

45.50%

One-way Ticket (Public Transport)

$2.24 CA$3.16

$2.32 €2.07

-3.45%

Public Transport Monthly Pass (Regular Price)

$61.0 CA$86.2

$44.43 €39.52

37.29%

Taxi Start (Normal Tariff)

$2.91 CA$4.12

$3.95 €3.51

-26.33%

Taxi (Normal Tariff) (1km)

$1.45 CA$2.05

$1.05 €0.93

38.10%

Taxi 1hour Waiting (Normal Tariff)

$23.35 CA$33.02

$17.15 €15.26

36.15%

Gasoline (1 liter)

$1.19 CA$1.69

$2.19 €1.95

-45.66%

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

$27.6K CA$39.0K

$33.8K €30.0K

-18.31%

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

$19.0K CA$26.8K

$38.3K €34.0K

-50.37%

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

$133 CA$189

$164 €146

-18.59%

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

$38.05 CA$53.8

$18.48 €16.43

105.90%

Internet (50+ Mbps, Unlimited Data)

$54.0 CA$76.3

$32.96 €29.32

63.77%

Gym Membership (Monthly)

$40.24 CA$56.9

$45.87 €40.80

-12.27%

Tennis Court (1 Hour on Weekend)

$17.79 CA$25.15

$18.68 €16.61

-4.76%

Cinema Ticket

$11.24 CA$15.89

$9.75 €8.67

15.28%

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

$742 CA$1,048

$684 €608

8.41%

International Primary School, 1 Child (Yearly)

$12.9K CA$18.3K

$17.6K €15.7K

-26.72%

Jeans (Levis 501 Or Similar)

$52.9 CA$74.7

$104 €92.3

-49.05%

Summer Dress (H&M, Zara, etc)

$37.26 CA$52.7

$46.20 €41.09

-19.35%

Sport Shoes (Adidas, Nike)

$82.7 CA$117

$99.7 €88.7

-17.07%

Men's Leather Business Shoes

$100 CA$142

$125 €111

-19.65%

1-bedroom Apartment, City Center (Monthly)

$1,219 CA$1,724

$1,589 €1,414

-23.28%

1-bedroom Apartment, Outside City Center (Monthly)

$1,129 CA$1,596

$1,169 €1,040

-3.41%

3-bedroom Apartment, City Center (Monthly)

$1,968 CA$2,782

$2,851 €2,536

-30.96%

3-bedroom Apartment, Outside City Center (Monthly)

$1,674 CA$2,366

$1,993 €1,773

-16.03%

Buy Apartment in City Center (m2)

$4,216 CA$5,959

$7,793 €6,932

-45.91%

Buy Apartment Outside City Center (m2)

$3,627 CA$5,128

$4,418 €3,930

-17.90%

Average Monthly Net Salary (After Tax)

$1,600 €1,423

20-Year Fixed Mortgage Interest Rate (Annual %)

4.66

3.85

21.04%

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

Last update for Peace River, AB: October 19, 2026

Last update for Lisbon: October 19, 2026

Monthly budget structure

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

Accommodation & Living

Peace River, AB

$1.1K 50.6%

Lisbon

$1.2K 53.1% 3.5% $40

Groceries & Markets

Peace River, AB

$344 15.4%

Lisbon

$273 12.4% 20.6% $71

Eating Out

Peace River, AB

$267 12%

Lisbon

$247 11.2% 7.3% $19

Monthly Utilities & Internet

Peace River, AB

$225 10.1%

Lisbon

$215 9.8% 4.5% $10

Clothing & Footwear

Peace River, AB

$123 5.5%

Lisbon

$168 7.7% 37.1% $46

Getting Around

Peace River, AB

$80 3.6%

Lisbon

$63 2.9% 21.5% $17

Sport & Entertainment

Peace River, AB

$63 2.8%

Lisbon

$65 3% 4.2% $2.7

Cost Breakdown

A one-bedroom apartment in the center runs $1,219 in Peace River, AB and $1,589 in Lisbon. Housing cost is often the main lever when comparing two cities.

Dining out: $65.0 in Peace River, AB vs $62.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $344 vs $273 per month, with Lisbon cheaper across the board.

Good to know

🇨🇦 Peace River, AB

🇵🇹 Lisbon

🕒 Local time

08:58 8:58 AM

15:58 3:58 PM

7 h ahead of Peace River, AB

🌤 Weather

👥 Population

545,923 Capital

💱 Currency

Canadian Dollar CAD $

Euro EUR €

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 21, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

Euro exchange rates as of October 21, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to CAD in detail →

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Between locations

Peace River, AB Lisbon 7,410 km ≈ 10 h nonstop flight

From you

Peace River, AB
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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

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

Peace River, AB and Lisbon differ by about 1% in total monthly costs ($2,231 vs $2,202 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

You'd need roughly $3,347 in Peace River, AB and $3,302 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: $1,219 in Peace River, AB versus $1,589 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $742 in Peace River, AB versus $684 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 26% higher in Peace River, AB. For households that cook at home regularly, that difference adds up over a month.

At $2,202 in Lisbon versus $2,231 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.