Last update: Nov 2026

Cost of Living Comparison Between Peterborough, Canada and Lisbon

For one person, living is cheaper in Peterborough: $2,107 a month against $2,206 in Lisbon, rent and utilities included – about $1,200 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

Peterborough, Canada
Lisbon, Portugal
Peterborough
🇨🇦 Canada
$2,107
/mo nomad
Lisbon
🇵🇹 Portugal
$2,206
/mo nomad
Monthly Cost of Living

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

Monthly costs for one person with rent: $2,107 in Peterborough versus $2,206 in Lisbon.

  • Peterborough $2,107
  • Lisbon $2,206

Estimated couple costs with rent: $3,050 in Peterborough versus $3,276 in Lisbon.

  • Peterborough $3,050
  • Lisbon $3,276

Monthly costs for a family of three with rent: $3,993 in Peterborough versus $4,346 in Lisbon.

  • Peterborough $3,993
  • Lisbon $4,346

Living in Peterborough costs roughly 4% less than in Lisbon, and outside of rent the biggest gap is in clothing.

Both cities are pricier than the global median: Peterborough 56% above, Lisbon 63% above.

Currency
🍽 Eating Out
Peterborough
Lisbon
Difference
Meal at Budget Restaurant
$11.60 CA$16.22
$16.86 €15.06
-31.20%
Three-Course Dinner for Two, Mid-Range
$72.0 CA$101
$61.0 €54.5
18.02%
Fast Food Meal (McDonalds, etc)
$10.75 CA$15.04
$10.98 €9.81
-2.09%
Cappuccino
$3.83 CA$5.36
$3.05 €2.72
25.57%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.81 CA$2.53
$2.28 €2.04
-20.61%
Water (0.33 liter bottle)
$1.47 CA$2.06
$1.68 €1.50
-12.50%
Local Beer (0.5 liter draught)
$5.28 CA$7.38
$3.44 €3.07
53.49%
Imported Beer (0.33 liter bottle)
$5.82 CA$8.14
$3.91 €3.49
48.85%
🛒 Groceries & Markets
Peterborough
Lisbon
Difference
Milk (1 liter)
$2.59 CA$3.62
$1.15 €1.03
125.22%
White Bread (500g)
$2.45 CA$3.43
$1.89 €1.69
29.63%
Rice (white) (1kg)
$2.48 CA$3.47
$1.50 €1.34
65.33%
Eggs
$3.26 CA$4.56
$4.12 €3.68
-20.87%
Local Cheese (1kg)
$10.86 CA$15.19
$13.01 €11.62
-16.53%
Chicken Fillets (1kg)
$11.11 CA$15.54
$8.04 €7.18
38.18%
Beef Round Steak (1kg)
$12.80 CA$17.90
$17.89 €15.98
-28.45%
Apples (1kg)
$3.35 CA$4.69
$2.27 €2.03
47.58%
Banana (1kg)
$1.44 CA$2.01
$1.74 €1.56
-17.24%
Oranges (1kg)
$3.51 CA$4.90
$1.82 €1.63
92.86%
Tomato (1kg)
$4.13 CA$5.78
$2.69 €2.40
53.53%
Potato (1kg)
$1.63 CA$2.27
$1.77 €1.58
-7.91%
Onion (1kg)
$2.31 CA$3.23
$1.94 €1.73
19.07%
Lettuce (1 head)
$2.27 CA$3.18
$1.46 €1.31
55.48%
Water (1.5 liter bottle)
$1.49 CA$2.08
$0.76 €0.68
96.05%
Cigarettes 20 Pack (Marlboro, Camel)
$11.57 CA$16.18
$6.66 €5.95
73.72%
Wine (Bottle)
$12.62 CA$17.65
$5.64 €5.04
123.76%
Local Beer (0.5 liter bottle)
$2.42 CA$3.39
$1.29 €1.15
87.60%
Imported Beer (0.33 liter bottle)
$1.63 CA$2.27
$2.14 €1.91
-23.83%
🚌 Getting Around
Peterborough
Lisbon
Difference
One-way Ticket (Public Transport)
$2.46 CA$3.44
$2.30 €2.06
6.96%
Public Transport Monthly Pass (Regular Price)
$54.3 CA$76.0
$44.02 €39.32
23.42%
Taxi Start (Normal Tariff)
$3.09 CA$4.32
$3.98 €3.56
-22.36%
Taxi (Normal Tariff) (1km)
$1.25 CA$1.75
$0.64 €0.57
95.31%
Taxi 1hour Waiting (Normal Tariff)
$21.57 CA$30.16
$18.93 €16.90
13.95%
Gasoline (1 liter)
$1.18 CA$1.65
$2.28 €2.03
-48.25%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$26.4K CA$36.9K
$33.4K €29.8K
-20.96%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$21.1K CA$29.5K
$38.5K €34.4K
-45.24%
🧾 Monthly Utilities & Internet
Peterborough
Lisbon
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$140 CA$196
$158 €141
-11.35%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$35.14 CA$49.13
$17.54 €15.67
100.34%
Internet (50+ Mbps, Unlimited Data)
$44.89 CA$62.8
$31.18 €27.85
43.97%
🎉 Sport & Entertainment
Peterborough
Lisbon
Difference
Gym Membership (Monthly)
$37.59 CA$52.6
$44.64 €39.88
-15.79%
Tennis Court (1 Hour on Weekend)
$14.21 CA$19.87
$18.98 €16.95
-25.13%
Cinema Ticket
$11.50 CA$16.09
$9.58 €8.55
20.04%
🧸 Childcare & Education
Peterborough
Lisbon
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$344 CA$481
$674 €602
-48.97%
International Primary School, 1 Child (Yearly)
$15.6K CA$21.8K
$18.7K €16.7K
-16.74%
👕👟 Clothing & Footwear
Peterborough
Lisbon
Difference
Jeans (Levis 501 Or Similar)
$46.52 CA$65.1
$102 €91.3
-54.48%
Summer Dress (H&M, Zara, etc)
$37.93 CA$53.0
$45.90 €41.00
-17.36%
Sport Shoes (Adidas, Nike)
$88.1 CA$123
$102 €91.3
-13.81%
Men's Leather Business Shoes
$73.9 CA$103
$122 €109
-39.43%
🏠 Accommodation & Living
Peterborough
Lisbon
Difference
1-bedroom Apartment, City Center (Monthly)
$1,376 CA$1,924
$1,641 €1,465
-16.14%
1-bedroom Apartment, Outside City Center (Monthly)
$1,083 CA$1,514
$1,187 €1,060
-8.83%
3-bedroom Apartment, City Center (Monthly)
$2,057 CA$2,876
$2,825 €2,523
-27.18%
3-bedroom Apartment, Outside City Center (Monthly)
$1,631 CA$2,281
$2,018 €1,803
-19.18%
Buy Apartment in City Center (m2)
$6,479 CA$9,060
$7,836 €6,999
-17.31%
Buy Apartment Outside City Center (m2)
$6,365 CA$8,901
$4,701 €4,199
35.40%
💵 Salaries & Financials
Peterborough
Lisbon
Difference
Average Monthly Net Salary (After Tax)
$3,017 CA$4,219
$1,687 €1,507
78.84%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.55
3.82
19.11%

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

Last update for Peterborough: November 1, 2026

Last update for Lisbon: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Peterborough
$1.1K
Lisbon
$1.2K 9.7% $105
Groceries & Markets
Peterborough
$337
Lisbon
$275 18.6% $63
Eating Out
Peterborough
$222
Lisbon
$245 10.4% $23
Monthly Utilities & Internet
Peterborough
$220
Lisbon
$207 6.1% $13
Clothing & Footwear
Peterborough
$111
Lisbon
$168 51.1% $57
Getting Around
Peterborough
$74
Lisbon
$60 17.8% $13
Sport & Entertainment
Peterborough
$61
Lisbon
$64 5.3% $3.2

Cost Breakdown

A one-bedroom apartment in the center runs $1,376 in Peterborough and $1,641 in Lisbon. Housing cost is often the main lever when comparing two cities.

Peterborough pays 79% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $72 in Peterborough vs $61 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $337 vs $275 per month, with Lisbon cheaper across the board.

Good to know
🇨🇦 Peterborough
🇵🇹 Lisbon
🕒 Local time
12:08 12:08 PM
17:08 5:08 PM
5 h ahead of Peterborough
🌤 Weather
👥 Population
81,032
545,923 Capital
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to CAD – Canadian Dollar Converter

Canadian Dollar exchange rates as of November 3, 2026: 1 USD = 1.4 CAD (1 CAD = 0.715 USD). 1 EUR = 1.57 CAD (1 CAD = 0.639 EUR).

Euro exchange rates as of November 3, 2026: 1 USD = 0.893 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Peterborough Lisbon 5,620 km ≈ 8 h nonstop flight
From you
  • Peterborough
  • Lisbon

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
Peterborough vs Lisbon: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Peterborough and in Lisbon?
Total monthly costs including rent come to $2,107 in Peterborough and $2,206 in Lisbon, so Peterborough is about 4% cheaper – a gap that matters a lot on a fixed or modest income.
Which city pays better: Peterborough or Lisbon?
Average pay runs 79% higher in Peterborough, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Peterborough and in Lisbon?
Rent for a central apartment: $1,376 in Peterborough versus $1,641 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Peterborough and Lisbon?
Childcare runs $344 in Peterborough versus $674 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Shoppers in Lisbon pay roughly 19% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.
How far does $2,500 go in Peterborough compared to Lisbon?
Either city works on $2,500 a month, though Peterborough gives you more room to save. At this income level, the choice is more about lifestyle than financial pressure.
How does quality of life compare between Peterborough and Lisbon?
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.

Peterborough vs other spots: cost of living compared

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