Last update: Nov 2026

Cost of Living Comparison Between Red Bank, NJ and Lisbon

For one person, living is cheaper in Lisbon: $2,206 a month against $2,542 in Red Bank, NJ, rent and utilities included – about $4,000 less a year. Other living expenses account for most of the difference.

Red Bank, NJ, United States
Lisbon, Portugal
Red Bank, NJ
🇺🇸 United States
$2,542
/mo nomad
Lisbon
🇵🇹 Portugal
$2,206
/mo nomad
Monthly Cost of Living

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

Monthly costs for one person with rent: $2,542 in Red Bank, NJ versus $2,206 in Lisbon.

  • Red Bank, NJ $2,542
  • Lisbon $2,206

Estimated couple costs with rent: $3,610 in Red Bank, NJ versus $3,276 in Lisbon.

  • Red Bank, NJ $3,610
  • Lisbon $3,276

Monthly costs for a family of three with rent: $4,679 in Red Bank, NJ versus $4,346 in Lisbon.

  • Red Bank, NJ $4,679
  • Lisbon $4,346

Living in Red Bank, NJ is roughly 15% more expensive than in Lisbon, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Red Bank, NJ 88% above, Lisbon 63% above.

Currency
🍽 Eating Out
Red Bank, NJ
Lisbon
Difference
Meal at Budget Restaurant
$19.67 $19.67
$16.86 €15.00
16.67%
Three-Course Dinner for Two, Mid-Range
$73.6 $73.6
$61.0 €54.3
20.59%
Fast Food Meal (McDonalds, etc)
$9.73 $9.73
$10.98 €9.77
-11.38%
Cappuccino
$5.06 $5.06
$3.05 €2.71
65.90%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.39 $2.39
$2.28 €2.03
4.82%
Water (0.33 liter bottle)
$2.10 $2.10
$1.68 €1.50
25.00%
Local Beer (0.5 liter draught)
$4.12 $4.12
$3.44 €3.06
19.77%
Imported Beer (0.33 liter bottle)
$4.96 $4.96
$3.91 €3.48
26.85%
🛒 Groceries & Markets
Red Bank, NJ
Lisbon
Difference
Milk (1 liter)
$1.05 $1.05
$1.15 €1.02
-8.70%
White Bread (500g)
$4.52 $4.52
$1.89 €1.68
139.15%
Rice (white) (1kg)
$4.41 $4.41
$1.50 €1.34
194.00%
Eggs
$6.47 $6.47
$4.12 €3.66
57.04%
Local Cheese (1kg)
$10.49 $10.49
$13.01 €11.57
-19.37%
Chicken Fillets (1kg)
$10.81 $10.81
$8.04 €7.16
34.45%
Beef Round Steak (1kg)
$19.35 $19.35
$17.89 €15.92
8.16%
Apples (1kg)
$5.44 $5.44
$2.27 €2.02
139.65%
Banana (1kg)
$1.62 $1.62
$1.74 €1.55
-6.90%
Oranges (1kg)
$3.25 $3.25
$1.82 €1.62
78.57%
Tomato (1kg)
$3.12 $3.12
$2.69 €2.39
15.99%
Potato (1kg)
$2.15 $2.15
$1.77 €1.57
21.47%
Onion (1kg)
$2.45 $2.45
$1.94 €1.72
26.29%
Lettuce (1 head)
$2.76 $2.76
$1.46 €1.30
89.04%
Water (1.5 liter bottle)
$2.98 $2.98
$0.76 €0.68
292.11%
Cigarettes 20 Pack (Marlboro, Camel)
$13.74 $13.74
$6.66 €5.92
106.31%
Wine (Bottle)
$17.19 $17.19
$5.64 €5.02
204.79%
Local Beer (0.5 liter bottle)
$1.91 $1.91
$1.29 €1.15
48.06%
Imported Beer (0.33 liter bottle)
$2.74 $2.74
$2.14 €1.90
28.04%
🚌 Getting Around
Red Bank, NJ
Lisbon
Difference
One-way Ticket (Public Transport)
$2.12 $2.12
$2.30 €2.05
-7.83%
Public Transport Monthly Pass (Regular Price)
$54.8 $54.8
$44.02 €39.17
24.51%
Taxi Start (Normal Tariff)
$3.66 $3.66
$3.98 €3.54
-8.04%
Taxi (Normal Tariff) (1km)
$2.21 $2.21
$0.64 €0.57
245.31%
Taxi 1hour Waiting (Normal Tariff)
$48.20 $48.20
$18.93 €16.84
154.62%
Gasoline (1 liter)
$1.08 $1.08
$2.28 €2.03
-52.63%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.9K $27.9K
$33.4K €29.7K
-16.40%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.9K $26.9K
$38.5K €34.3K
-30.03%
🧾 Monthly Utilities & Internet
Red Bank, NJ
Lisbon
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$199 $199
$158 €141
25.79%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$36.53 $36.53
$17.54 €15.61
108.27%
Internet (50+ Mbps, Unlimited Data)
$62.5 $62.5
$31.18 €27.75
100.32%
🎉 Sport & Entertainment
Red Bank, NJ
Lisbon
Difference
Gym Membership (Monthly)
$39.23 $39.23
$44.64 €39.73
-12.12%
Tennis Court (1 Hour on Weekend)
-
$18.98 €16.89
-
Cinema Ticket
$12.28 $12.28
$9.58 €8.52
28.18%
🧸 Childcare & Education
Red Bank, NJ
Lisbon
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,168 $2,168
$674 €599
221.84%
International Primary School, 1 Child (Yearly)
$34.9K $34.9K
$18.7K €16.7K
86.49%
👕👟 Clothing & Footwear
Red Bank, NJ
Lisbon
Difference
Jeans (Levis 501 Or Similar)
$38.73 $38.73
$102 €90.9
-62.10%
Summer Dress (H&M, Zara, etc)
$16.63 $16.63
$45.90 €40.85
-63.77%
Sport Shoes (Adidas, Nike)
$98.1 $98.1
$102 €91.0
-3.98%
Men's Leather Business Shoes
$129 $129
$122 €109
5.36%
🏠 Accommodation & Living
Red Bank, NJ
Lisbon
Difference
1-bedroom Apartment, City Center (Monthly)
$1,552 $1,552
$1,641 €1,460
-5.42%
1-bedroom Apartment, Outside City Center (Monthly)
$1,263 $1,263
$1,187 €1,057
6.40%
3-bedroom Apartment, City Center (Monthly)
$2,421 $2,421
$2,825 €2,514
-14.29%
3-bedroom Apartment, Outside City Center (Monthly)
$1,853 $1,853
$2,018 €1,796
-8.18%
Buy Apartment in City Center (m2)
$2,624 $2,624
$7,836 €6,973
-66.51%
Buy Apartment Outside City Center (m2)
$2,427 $2,427
$4,701 €4,183
-48.37%
💵 Salaries & Financials
Red Bank, NJ
Lisbon
Difference
Average Monthly Net Salary (After Tax)
$4,573 $4,573
$1,687 €1,501
171.10%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.5
3.82
70.16%

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

Last update for Red Bank, NJ: November 3, 2026

Last update for Lisbon: November 1, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Red Bank, NJ
$1.3K
Lisbon
$1.2K 6% $76
Groceries & Markets
Red Bank, NJ
$416
Lisbon
$275 34% $141
Monthly Utilities & Internet
Red Bank, NJ
$298
Lisbon
$207 30.6% $91
Eating Out
Red Bank, NJ
$296
Lisbon
$245 17.1% $50
Clothing & Footwear
Red Bank, NJ
$127
Lisbon
$168 32% $41
Getting Around
Red Bank, NJ
$78
Lisbon
$60 22.5% $18
Sport & Entertainment
Red Bank, NJ
$64
Lisbon
$64 0% $0

Cost Breakdown

A one-bedroom apartment in the center runs $1,552 in Red Bank, NJ and $1,641 in Lisbon. Housing cost is often the main lever when comparing two cities.

Red Bank, NJ pays about 2.7 times more on average. How far that income stretches comes down to housing choices and lifestyle.

Dining out: $74 in Red Bank, NJ vs $61 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $416 vs $275 per month, with Lisbon cheaper across the board.

Good to know
🇺🇸 Red Bank, NJ
🇵🇹 Lisbon
🕒 Local time
05:55 5:55 AM
10:55 10:55 AM
5 h ahead of Red Bank, NJ
🌤 Weather
👥 Population
11,850
545,923 Capital
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of November 5, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

Euro exchange rates as of November 5, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Red Bank, NJ Lisbon 5,440 km ≈ 7 h nonstop flight
From you
  • Red Bank, NJ
  • 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
Red Bank, NJ vs Lisbon: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Red Bank, NJ and in Lisbon?
Total monthly costs including rent come to $2,542 in Red Bank, NJ and $2,206 in Lisbon, so Lisbon is about 13% cheaper – a gap that matters a lot on a fixed or modest income.
Which city pays better: Red Bank, NJ or Lisbon?
Average pay in Red Bank, NJ is about 2.7 times higher, 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 Red Bank, NJ and in Lisbon?
Rent for a central apartment: $1,552 in Red Bank, NJ 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 Red Bank, NJ and Lisbon?
Childcare runs $2,168 in Red Bank, NJ 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?
Supermarket bills run roughly 52% higher in Red Bank, NJ. For households that cook at home regularly, that difference adds up over a month.
How far does $3,000 go in Red Bank, NJ compared to Lisbon?
Either city works on $3,000 a month, though Lisbon 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 Red Bank, NJ 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.
Is Red Bank, NJ or Lisbon safer for residents?
Safety-wise, Red Bank, NJ and Lisbon are both considered safe, so it’s unlikely to be the deciding factor between them.
How do I decide between Red Bank, NJ and Lisbon?
It comes down to priorities – Lisbon wins on affordability, Red Bank, NJ on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.

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