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: $2,309 in Peace River, AB versus $2,316 in Lisbon.

Estimated couple costs with rent: $3,274 in Peace River, AB versus $3,361 in Lisbon.

Monthly costs for a family of three with rent: $4,240 in Peace River, AB versus $4,405 in Lisbon.

Monthly costs are close between Peace River, AB and Lisbon; which city is cheaper depends on the spending category.

Both cities are pricier than the global median: Peace River, AB 68% above, Lisbon 69% above.

Meal at Budget Restaurant

$20.54 CA$28.42

$17.30 €14.89

18.73%

Three-Course Dinner for Two, Mid-Range

$72.4 CA$100

$63.3 €54.4

14.45%

Fast Food Meal (McDonalds, etc)

$11.23 CA$15.54

$11.39 €9.80

-1.40%

Cappuccino

$3.75 CA$5.19

$3.19 €2.75

17.55%

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

$1.80 CA$2.49

$2.45 €2.10

-26.53%

Water (0.33 liter bottle)

$1.60 CA$2.21

$1.76 €1.52

-9.09%

Local Beer (0.5 liter draught)

$5.03 CA$6.97

$3.59 €3.09

40.11%

Imported Beer (0.33 liter bottle)

$5.29 CA$7.33

$3.39 €2.92

56.05%

Milk (1 liter)

$2.27 CA$3.14

$1.24 €1.06

83.06%

White Bread (500g)

$2.45 CA$3.39

$1.98 €1.71

23.74%

Rice (white) (1kg)

$3.32 CA$4.59

$1.52 €1.31

118.42%

Eggs

$3.84 CA$5.31

$4.04 €3.48

-4.95%

Local Cheese (1kg)

$9.62 CA$13.32

$13.54 €11.65

-28.95%

Chicken Fillets (1kg)

$12.64 CA$17.49

$8.39 €7.22

50.66%

Beef Round Steak (1kg)

$16.88 CA$23.36

$18.25 €15.70

-7.51%

Apples (1kg)

$3.88 CA$5.36

$2.29 €1.97

69.43%

Banana (1kg)

$1.49 CA$2.06

$1.74 €1.50

-14.37%

Oranges (1kg)

$3.67 CA$5.07

$1.86 €1.60

97.31%

Tomato (1kg)

$3.29 CA$4.55

$2.63 €2.26

25.10%

Potato (1kg)

$2.82 CA$3.91

$1.92 €1.65

46.87%

Onion (1kg)

$2.36 CA$3.27

$2.09 €1.80

12.92%

Lettuce (1 head)

$2.15 CA$2.98

$1.44 €1.24

49.31%

Water (1.5 liter bottle)

$1.50 CA$2.08

$0.84 €0.72

78.57%

Cigarettes 20 Pack (Marlboro, Camel)

$14.85 CA$20.54

$6.78 €5.83

119.03%

Wine (Bottle)

$14.25 CA$19.72

$5.71 €4.91

149.56%

Local Beer (0.5 liter bottle)

$2.32 CA$3.20

$1.38 €1.18

68.12%

Imported Beer (0.33 liter bottle)

$3.42 CA$4.73

$2.22 €1.91

54.05%

One-way Ticket (Public Transport)

$2.16 CA$2.98

$2.40 €2.06

-10.00%

Public Transport Monthly Pass (Regular Price)

$72.4 CA$100

$46.78 €40.25

54.79%

Taxi Start (Normal Tariff)

$2.65 CA$3.67

$4.17 €3.59

-36.45%

Taxi (Normal Tariff) (1km)

$1.34 CA$1.85

$1.14 €0.98

17.54%

Taxi 1hour Waiting (Normal Tariff)

$21.54 CA$29.80

$17.68 €15.21

21.83%

Gasoline (1 liter)

$1.28 CA$1.78

$2.32 €2.00

-44.83%

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

$32.0K CA$44.3K

$35.3K €30.4K

-9.43%

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

$21.6K CA$29.9K

$41.4K €35.7K

-47.92%

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

$138 CA$191

$170 €147

-18.82%

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

$37.38 CA$51.7

$19.34 €16.64

93.28%

Internet (50+ Mbps, Unlimited Data)

$57.3 CA$79.3

$33.64 €28.95

70.27%

Gym Membership (Monthly)

$41.67 CA$57.7

$48.10 €41.39

-13.37%

Tennis Court (1 Hour on Weekend)

$20.17 CA$27.91

$19.90 €17.12

1.36%

Cinema Ticket

$10.15 CA$14.04

$9.92 €8.54

2.32%

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

$707 CA$979

$717 €617

-1.42%

International Primary School, 1 Child (Yearly)

$12.4K CA$17.1K

$17.5K €15.0K

-29.32%

Jeans (Levis 501 Or Similar)

$61.3 CA$84.9

$105 €90.2

-41.45%

Summer Dress (H&M, Zara, etc)

$42.88 CA$59.3

$46.95 €40.40

-8.67%

Sport Shoes (Adidas, Nike)

$81.9 CA$113

$103 €89.0

-20.85%

Men's Leather Business Shoes

$91.7 CA$127

$124 €107

-25.97%

1-bedroom Apartment, City Center (Monthly)

$1,266 CA$1,752

$1,677 €1,443

-24.47%

1-bedroom Apartment, Outside City Center (Monthly)

$1,141 CA$1,579

$1,271 €1,094

-10.21%

3-bedroom Apartment, City Center (Monthly)

$1,794 CA$2,482

$2,985 €2,568

-39.90%

3-bedroom Apartment, Outside City Center (Monthly)

$1,511 CA$2,091

$1,992 €1,715

-24.15%

Buy Apartment in City Center (m2)

$4,619 CA$6,391

$7,826 €6,734

-40.98%

Buy Apartment Outside City Center (m2)

$4,183 CA$5,788

$4,658 €4,008

-10.19%

Average Monthly Net Salary (After Tax)

$1,583 €1,362

20-Year Fixed Mortgage Interest Rate (Annual %)

4.68

3.79

23.48%

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

Last update for Peace River, AB: August 30, 2026

Last update for Lisbon: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,266 in Peace River, AB and $1,677 in Lisbon. Housing cost is often the main lever when comparing two cities.

Dining out: $72.0 in Peace River, AB vs $63.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $365 vs $283 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

You'd need roughly $3,463 in Peace River, AB and $3,474 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: $1,266 in Peace River, AB versus $1,677 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Peace River, AB runs roughly 55% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

Shoppers in Lisbon pay roughly 29% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $2,309 in Peace River, AB versus $2,316 in Lisbon, a $2,500 budget is realistic in Peace River, AB but tight or insufficient in Lisbon. The gap between the two cities makes Peace River, AB 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.

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