Cost of Living Comparison Between Red Bank, NJ and Lisbon Cost of Living Comparison Between Red Bank, NJ and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $2,754 in Red Bank, NJ versus $2,210 in Lisbon.

Estimated couple costs with rent: $4,048 in Red Bank, NJ versus $3,311 in Lisbon.

Monthly costs for a family of three with rent: $5,342 in Red Bank, NJ versus $4,411 in Lisbon.

Living in Red Bank, NJ is roughly 25% more expensive than Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Red Bank, NJ 106% above, Lisbon 65% above.

Meal at Budget Restaurant

$20.31 $20.31

$15.91 €13.81

27.66%

Three-Course Dinner for Two, Mid-Range

$78.8 $78.8

$64.8 €56.2

21.58%

Fast Food Meal (McDonalds, etc)

$9.55 $9.55

$10.51 €9.12

-9.13%

Cappuccino

$4.94 $4.94

$2.87 €2.49

72.13%

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

$2.30 $2.30

$2.24 €1.95

2.68%

Water (0.33 liter bottle)

$1.93 $1.93

$1.50 €1.30

28.67%

Local Beer (0.5 liter draught)

$4.04 $4.04

$3.49 €3.03

15.76%

Imported Beer (0.33 liter bottle)

$5.07 $5.07

$3.88 €3.37

30.67%

Milk (1 liter)

$1.43 $1.43

$1.14 €0.99

25.44%

White Bread (500g)

$4.10 $4.10

$1.75 €1.52

134.29%

Rice (white) (1kg)

$9.97 $9.97

$1.76 €1.52

466.48%

Eggs

$4.51 $4.51

$3.22 €2.79

40.06%

Local Cheese (1kg)

$15.05 $15.05

$13.49 €11.71

11.56%

Chicken Fillets (1kg)

$13.65 $13.65

$7.91 €6.87

72.57%

Beef Round Steak (1kg)

$21.08 $21.08

$15.87 €13.77

32.83%

Apples (1kg)

$6.14 $6.14

$2.31 €2.00

165.80%

Banana (1kg)

$2.21 $2.21

$1.70 €1.48

30.00%

Oranges (1kg)

$5.16 $5.16

$2.01 €1.74

156.72%

Tomato (1kg)

$5.39 $5.39

$2.46 €2.13

119.11%

Potato (1kg)

$3.29 $3.29

$1.84 €1.60

78.80%

Onion (1kg)

$2.90 $2.90

$2.00 €1.74

45.00%

Lettuce (1 head)

$2.92 $2.92

$1.93 €1.67

51.30%

Water (1.5 liter bottle)

$2.45 $2.45

$0.79 €0.68

210.13%

Cigarettes 20 Pack (Marlboro, Camel)

$12.64 $12.64

$6.61 €5.73

91.23%

Wine (Bottle)

$14.85 $14.85

$5.72 €4.97

159.62%

Local Beer (0.5 liter bottle)

$2.04 $2.04

$1.37 €1.18

48.91%

Imported Beer (0.33 liter bottle)

$4.11 $4.11

$2.97 €2.58

38.38%

One-way Ticket (Public Transport)

$1.94 $1.94

$2.37 €2.06

-18.14%

Public Transport Monthly Pass (Regular Price)

$45.56 €39.53

Taxi Start (Normal Tariff)

$2.98 $2.98

$4.29 €3.72

-30.54%

Taxi (Normal Tariff) (1km)

$1.39 $1.39

$0.82 €0.71

69.51%

Taxi 1hour Waiting (Normal Tariff)

$21.94 $21.94

$18.30 €15.88

19.89%

Gasoline (1 liter)

$0.92 $0.92

$2.06 €1.79

-55.34%

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

$27.1K $27.1K

$34.3K €29.7K

-20.90%

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

$26.1K $26.1K

$39.3K €34.1K

-33.47%

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

$268 $268

$148 €128

81.53%

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

$61.4 $61.4

$20.52 €17.80

199.27%

Internet (50+ Mbps, Unlimited Data)

$77.1 $77.1

$39.61 €34.37

94.75%

Gym Membership (Monthly)

$42.45 $42.45

$47.85 €41.51

-11.29%

Tennis Court (1 Hour on Weekend)

$18.92 €16.42

Cinema Ticket

$14.95 $14.95

$9.18 €7.97

62.85%

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

$2,073 $2,073

$614 €533

237.70%

International Primary School, 1 Child (Yearly)

$23.0K $23.0K

$16.0K €13.9K

43.41%

Jeans (Levis 501 Or Similar)

$51.3 $51.3

$105 €90.8

-50.96%

Summer Dress (H&M, Zara, etc)

$41.31 $41.31

$42.06 €36.49

-1.78%

Sport Shoes (Adidas, Nike)

$93.1 $93.1

$94.0 €81.5

-0.94%

Men's Leather Business Shoes

$144 $144

$120 €104

20.06%

1-bedroom Apartment, City Center (Monthly)

$1,609 $1,609

$1,628 €1,412

-1.15%

1-bedroom Apartment, Outside City Center (Monthly)

$1,361 $1,361

$1,255 €1,089

8.42%

3-bedroom Apartment, City Center (Monthly)

$2,628 $2,628

$3,030 €2,629

-13.28%

3-bedroom Apartment, Outside City Center (Monthly)

$2,223 $2,223

$2,020 €1,753

10.05%

Buy Apartment in City Center (m2)

$2,954 $2,954

$7,800 €6,767

-62.13%

Buy Apartment Outside City Center (m2)

$2,286 $2,286

$4,273 €3,707

-46.49%

Average Monthly Net Salary (After Tax)

$4,551 $4,551

$1,603 €1,391

183.82%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.5

3.81

70.60%

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

Last update for Red Bank, NJ: June 1, 2026

Last update for Lisbon: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,609 in Red Bank, NJ and $1,628 in Lisbon. Housing cost is often the main lever when comparing two cities.

Red Bank, NJ pays 184% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $79.0 in Red Bank, NJ vs $65.0 in Lisbon for a mid-range dinner for two. Groceries echo the gap at $486 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

Red Bank, NJ vs Lisbon: Cost of Living - Frequently Asked Questions

Red Bank, NJ and Lisbon differ by about 25% in total monthly costs ($2,754 vs $2,210 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Red Bank, NJ pays 184% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,609 in Red Bank, NJ versus $1,628 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 80% higher in Red Bank, NJ. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $2,754 per month in Red Bank, NJ versus $2,210 in Lisbon – a 25% gap that adds up to real savings over time for anyone picking the cheaper option.

Both cities are expensive relative to $3,000. Lisbon is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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, Red Bank, NJ 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 25% less than in Red Bank, NJ. Beyond cost, consider language, visa policies, and how big the international community is in each city.