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: $2,377 in Thunder Bay versus $2,291 in Lisbon.

Estimated couple costs with rent: $3,506 in Thunder Bay versus $3,322 in Lisbon.

Monthly costs for a family of three with rent: $4,634 in Thunder Bay versus $4,354 in Lisbon.

Living in Thunder Bay is roughly 4% more expensive than in Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Thunder Bay 78% above, Lisbon 71% above.

Meal at Budget Restaurant

$18.58 CA$26.15

$16.19 €14.18

14.76%

Three-Course Dinner for Two, Mid-Range

$59.9 CA$84.3

$63.3 €55.5

-5.40%

Fast Food Meal (McDonalds, etc)

$12.47 CA$17.55

$10.32 €9.04

20.83%

Cappuccino

$3.73 CA$5.25

$2.83 €2.48

31.80%

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

$1.79 CA$2.53

$2.29 €2.01

-21.83%

Water (0.33 liter bottle)

$1.52 CA$2.14

$1.58 €1.38

-3.80%

Local Beer (0.5 liter draught)

$5.33 CA$7.50

$3.40 €2.98

56.76%

Imported Beer (0.33 liter bottle)

$5.26 CA$7.41

$4.03 €3.53

30.52%

Milk (1 liter)

$2.55 CA$3.58

$1.09 €0.96

133.94%

White Bread (500g)

$2.54 CA$3.58

$1.75 €1.53

45.14%

Rice (white) (1kg)

$3.50 CA$4.92

$1.76 €1.54

98.86%

Eggs

$3.57 CA$5.02

$3.17 €2.77

12.62%

Local Cheese (1kg)

$17.42 CA$24.51

$13.19 €11.56

32.07%

Chicken Fillets (1kg)

$16.40 CA$23.08

$7.97 €6.98

105.77%

Beef Round Steak (1kg)

$18.17 CA$25.57

$15.53 €13.60

17.00%

Apples (1kg)

$3.48 CA$4.89

$2.37 €2.07

46.84%

Banana (1kg)

$1.29 CA$1.81

$1.71 €1.49

-24.56%

Oranges (1kg)

$3.95 CA$5.55

$2.01 €1.76

96.52%

Tomato (1kg)

$3.75 CA$5.28

$2.43 €2.13

54.32%

Potato (1kg)

$2.61 CA$3.67

$1.76 €1.54

48.30%

Onion (1kg)

$2.22 CA$3.12

$2.03 €1.78

9.36%

Lettuce (1 head)

$3.10 CA$4.37

$1.92 €1.68

61.46%

Water (1.5 liter bottle)

$2.21 CA$3.11

$0.85 €0.74

160.00%

Cigarettes 20 Pack (Marlboro, Camel)

$11.15 CA$15.69

$6.58 €5.76

69.45%

Wine (Bottle)

$8.91 CA$12.54

$5.58 €4.89

59.68%

Local Beer (0.5 liter bottle)

$2.12 CA$2.99

$1.33 €1.17

59.40%

Imported Beer (0.33 liter bottle)

$2.85 CA$4.01

$2.97 €2.60

-4.04%

One-way Ticket (Public Transport)

$2.46 CA$3.46

$2.28 €1.99

7.89%

Public Transport Monthly Pass (Regular Price)

$63.7 CA$89.7

$45.79 €40.10

39.18%

Taxi Start (Normal Tariff)

$3.24 CA$4.57

$4.23 €3.70

-23.40%

Taxi (Normal Tariff) (1km)

$1.98 CA$2.78

$0.81 €0.71

144.44%

Taxi 1hour Waiting (Normal Tariff)

$25.49 CA$35.87

$18.44 €16.15

38.23%

Gasoline (1 liter)

$1.17 CA$1.65

$2.08 €1.82

-43.75%

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

$25.5K CA$35.9K

$34.7K €30.4K

-26.50%

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

$20.5K CA$28.8K

$39.2K €34.3K

-47.70%

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

$201 CA$283

$148 €130

35.72%

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

$59.8 CA$84.1

$20.46 €17.92

192.18%

Internet (50+ Mbps, Unlimited Data)

$99.9 CA$141

$39.56 €34.64

152.63%

Gym Membership (Monthly)

$30.65 CA$43.13

$47.99 €42.03

-36.13%

Tennis Court (1 Hour on Weekend)

$18.19 CA$25.59

$18.60 €16.29

-2.20%

Cinema Ticket

$13.50 CA$19.00

$9.22 €8.08

46.42%

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

$738 CA$1,038

$616 €540

19.72%

International Primary School, 1 Child (Yearly)

$11.7K CA$16.5K

$16.4K €14.4K

-28.83%

Jeans (Levis 501 Or Similar)

$60.3 CA$84.8

$103 €90.0

-41.29%

Summer Dress (H&M, Zara, etc)

$36.01 CA$50.7

$41.74 €36.55

-13.73%

Sport Shoes (Adidas, Nike)

$74.9 CA$105

$94.8 €83.0

-21.01%

Men's Leather Business Shoes

$139 CA$196

$122 €107

13.98%

1-bedroom Apartment, City Center (Monthly)

$1,045 CA$1,470

$1,633 €1,430

-36.00%

1-bedroom Apartment, Outside City Center (Monthly)

$1,034 CA$1,455

$1,232 €1,079

-16.12%

3-bedroom Apartment, City Center (Monthly)

$1,863 CA$2,622

$3,098 €2,713

-39.86%

3-bedroom Apartment, Outside City Center (Monthly)

$1,820 CA$2,561

$2,031 €1,779

-10.42%

Buy Apartment in City Center (m2)

$7,831 €6,858

Buy Apartment Outside City Center (m2)

$4,389 €3,844

Average Monthly Net Salary (After Tax)

$2,854 CA$4,015

$1,607 €1,408

77.54%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.19

3.81

62.47%

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

Last update for Thunder Bay: July 13, 2026

Last update for Lisbon: July 14, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,045 in Thunder Bay and $1,633 in Lisbon. Housing cost is often the main lever when comparing two cities.

Thunder Bay pays 78% 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: $60.0 in Thunder Bay vs $63.0 in Lisbon. Groceries flip the comparison at $413 vs $267, 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 4% in total monthly costs ($2,377 vs $2,291 including rent). Lisbon is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 78% 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: $1,045 in Thunder Bay versus $1,633 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $738 in Thunder Bay versus $616 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 54% higher in Thunder Bay. For households that cook at home regularly, that difference adds up over a month.

At $2,291 in Lisbon versus $2,377 in Thunder Bay, a $3,000 budget is realistic in Lisbon but tight or insufficient in Thunder Bay. The gap between the two cities makes Lisbon 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 Lisbon gentler on the wallet – expenses run 4% less than in Thunder Bay. Beyond cost, consider language, visa policies, and how big the international community is in each city.