Cost of Living Comparison Between Thunder Bay and Lisbon Cost of Living Comparison Between Thunder Bay and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $2,269 in Thunder Bay versus $2,316 in Lisbon.

Estimated couple costs with rent: $3,424 in Thunder Bay versus $3,361 in Lisbon.

Monthly costs for a family of three with rent: $4,579 in Thunder Bay versus $4,405 in Lisbon.

Living in Thunder Bay costs roughly 2% less than in Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Thunder Bay 65% above, Lisbon 69% above.

Meal at Budget Restaurant

$17.82 CA$24.66

$17.30 €14.89

3.01%

Three-Course Dinner for Two, Mid-Range

$60.3 CA$83.5

$63.3 €54.4

-4.66%

Fast Food Meal (McDonalds, etc)

$12.45 CA$17.23

$11.39 €9.80

9.31%

Cappuccino

$3.47 CA$4.80

$3.19 €2.75

8.78%

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

$1.99 CA$2.75

$2.45 €2.10

-18.78%

Water (0.33 liter bottle)

$1.57 CA$2.17

$1.76 €1.52

-10.80%

Local Beer (0.5 liter draught)

$5.34 CA$7.39

$3.59 €3.09

48.75%

Imported Beer (0.33 liter bottle)

$5.16 CA$7.14

$3.39 €2.92

52.21%

Milk (1 liter)

$2.28 CA$3.15

$1.24 €1.06

83.87%

White Bread (500g)

$2.67 CA$3.70

$1.98 €1.71

34.85%

Rice (white) (1kg)

$3.29 CA$4.55

$1.52 €1.31

116.45%

Eggs

$3.87 CA$5.36

$4.04 €3.48

-4.21%

Local Cheese (1kg)

$17.32 CA$23.96

$13.54 €11.65

27.92%

Chicken Fillets (1kg)

$16.47 CA$22.79

$8.39 €7.22

96.31%

Beef Round Steak (1kg)

$16.82 CA$23.27

$18.25 €15.70

-7.84%

Apples (1kg)

$3.36 CA$4.64

$2.29 €1.97

46.72%

Banana (1kg)

$1.23 CA$1.70

$1.74 €1.50

-29.31%

Oranges (1kg)

$3.87 CA$5.35

$1.86 €1.60

108.06%

Tomato (1kg)

$3.53 CA$4.88

$2.63 €2.26

34.22%

Potato (1kg)

$2.44 CA$3.38

$1.92 €1.65

27.08%

Onion (1kg)

$2.08 CA$2.88

$2.09 €1.80

-0.48%

Lettuce (1 head)

$3.01 CA$4.17

$1.44 €1.24

109.03%

Water (1.5 liter bottle)

$2.33 CA$3.22

$0.84 €0.72

177.38%

Cigarettes 20 Pack (Marlboro, Camel)

$11.03 CA$15.26

$6.78 €5.83

62.68%

Wine (Bottle)

$8.94 CA$12.36

$5.71 €4.91

56.57%

Local Beer (0.5 liter bottle)

$2.00 CA$2.77

$1.38 €1.18

44.93%

Imported Beer (0.33 liter bottle)

$3.06 CA$4.23

$2.22 €1.91

37.84%

One-way Ticket (Public Transport)

$2.38 CA$3.29

$2.40 €2.06

-0.83%

Public Transport Monthly Pass (Regular Price)

$64.2 CA$88.8

$46.78 €40.25

37.17%

Taxi Start (Normal Tariff)

$5.37 CA$7.44

$4.17 €3.59

28.78%

Taxi (Normal Tariff) (1km)

$2.10 CA$2.91

$1.14 €0.98

84.21%

Taxi 1hour Waiting (Normal Tariff)

$35.67 CA$49.36

$17.68 €15.21

101.75%

Gasoline (1 liter)

$1.12 CA$1.54

$2.32 €2.00

-51.72%

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

$28.0K CA$38.7K

$35.3K €30.4K

-20.75%

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

$19.4K CA$26.9K

$41.4K €35.7K

-53.09%

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

$160 CA$221

$170 €147

-6.23%

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

$58.2 CA$80.5

$19.34 €16.64

200.78%

Internet (50+ Mbps, Unlimited Data)

$81.0 CA$112

$33.64 €28.95

140.81%

Gym Membership (Monthly)

$29.68 CA$41.07

$48.10 €41.39

-38.30%

Tennis Court (1 Hour on Weekend)

$17.98 CA$24.88

$19.90 €17.12

-9.65%

Cinema Ticket

$17.72 CA$24.53

$9.92 €8.54

78.63%

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

$692 CA$958

$717 €617

-3.50%

International Primary School, 1 Child (Yearly)

$17.5K €15.0K

Jeans (Levis 501 Or Similar)

$77.7 CA$107

$105 €90.2

-25.88%

Summer Dress (H&M, Zara, etc)

$35.80 CA$49.53

$46.95 €40.40

-23.75%

Sport Shoes (Adidas, Nike)

$77.9 CA$108

$103 €89.0

-24.68%

Men's Leather Business Shoes

$135 CA$187

$124 €107

9.06%

1-bedroom Apartment, City Center (Monthly)

$1,079 CA$1,492

$1,677 €1,443

-35.66%

1-bedroom Apartment, Outside City Center (Monthly)

$951 CA$1,316

$1,271 €1,094

-25.16%

3-bedroom Apartment, City Center (Monthly)

$1,930 CA$2,670

$2,985 €2,568

-35.34%

3-bedroom Apartment, Outside City Center (Monthly)

$1,705 CA$2,360

$1,992 €1,715

-14.41%

Buy Apartment in City Center (m2)

$7,826 €6,734

Buy Apartment Outside City Center (m2)

$4,658 €4,008

Average Monthly Net Salary (After Tax)

$2,743 CA$3,796

$1,583 €1,362

73.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.58

3.79

20.84%

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

Last update for Thunder Bay: August 30, 2026

Last update for Lisbon: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,079 in Thunder Bay and $1,677 in Lisbon. Housing cost is often the main lever when comparing two cities.

Thunder Bay pays 73% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $60.0 in Thunder Bay vs $63.0 in Lisbon. Groceries flip the comparison at $406 vs $283, with Lisbon cheaper for home cooking.

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

Thunder Bay vs Lisbon: Cost of Living - Frequently Asked Questions

Thunder Bay and Lisbon differ by about 2% in total monthly costs ($2,269 vs $2,316 including rent). Thunder Bay is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 73% higher in Thunder Bay, 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: $1,079 in Thunder Bay versus $1,677 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $692 in Thunder Bay versus $717 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 43% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

At $2,269 in Thunder Bay versus $2,316 in Lisbon, a $2,500 budget is realistic in Thunder Bay but tight or insufficient in Lisbon. The gap between the two cities makes Thunder Bay 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, Thunder Bay 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 Thunder Bay gentler on the wallet – expenses run 2% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.