Cost of living comparison
Lisbon is 8.2% cheaper than Reykjavik.
If you lived in Lisbon instead of Reykjavik, you would:
pay 39.2% less for restaurants
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$20.00
ISK2,774
|
$13.66
€13.01
|
|
|
Fast food combo meal
McDonalds, or similar
|
$18.02
ISK2,499
|
$9.65
€9.18
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.15
ISK437
|
$1.86
€1.77
|
|
| Bottle of water (11 fl. oz) |
$2.19
ISK303
|
$1.36
€1.30
|
|
pay 37.8% less for groceries
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.61
ISK501
|
$1.48
€1.41
|
|
| Local cheese (8 oz) |
$7.76
ISK1,076
|
$5.58
€5.31
|
|
| Milk (1 gallon) |
$6.40
ISK888
|
$3.87
€3.68
|
|
|
Eggs
1 dozen
|
$5.76
ISK799
|
$2.97
€2.83
|
|
| Boneless chicken breast (1 lb) |
$9.45
ISK1,311
|
$3.31
€3.15
|
|
| Apples (1 lb) |
$1.40
ISK195
|
$1.04
€0.99
|
|
| Bananas (1 lb) |
$1.01
ISK140
|
$0.69
€0.66
|
|
| Oranges (1 lb) |
$1.22
ISK169
|
$0.89
€0.85
|
|
| Tomatoes (1 lb) |
$2.22
ISK309
|
$1.06
€1.01
|
|
| Potatoes (1 lb) |
$1.43
ISK199
|
$0.88
€0.84
|
|
| Onions (1 lb) |
$0.93
ISK130
|
$0.94
€0.89
|
|
pay 35.3% less for transportation
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.50
ISK1,179
|
$7.21
€6.86
|
|
| Monthly public transit pass |
$74.95
ISK10,398
|
$42.87
€40.82
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$42,450.45
ISK5,888,726
|
$32,152.89
€30,615.99
|
|
| Taxi trip in downtown area (5 miles) |
$24.05
ISK3,336
|
$9.86
€9.39
|
|
pay 2.5% less for housing
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$69.87
ISK9,692
|
$39.90
€37.99
|
|
| 1-Bedroom apartment in downtown area |
$1,971.17
ISK273,441
|
$1,514.21
€1,441.83
|
|
| 1-Bedroom apartment outside city center |
$1,803.44
ISK250,173
|
$1,070.61
€1,019.44
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$53.95
ISK7,484
|
$106.17
€101.10
|
|
pay 2.4 times more for childcare
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$252.14
ISK34,977
|
$576.40
€548.85
|
|
| Middle school for 1 child, two semesters |
$5,993.99
ISK831,487
|
$15,251.75
€14,522.72
|
|
pay 50.7% less for entertainment and sports
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$10.81
ISK1,500
|
$3.22
€3.06
|
|
| Cappuccino in mid-range area |
$5.31
ISK736
|
$2.61
€2.48
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.25
ISK1,699
|
$6.00
€5.71
|
|
| Monthly membership at local gym |
$69.95
ISK9,703
|
$42.41
€40.38
|
|
| Movie ticket to theater/cinema |
$14.77
ISK2,050
|
$8.57
€8.16
|
|
pay 33.7% less for clothing
|
Reykjavik
|
Lisbon
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$108.97
ISK15,117
|
$86.58
€82.44
|
|
|
Regular dress
from H&M or similar store
|
$49.72
ISK6,897
|
$37.63
€35.83
|
|
|
Running shoes
Nike or Adidas
|
$151.85
ISK21,065
|
$82.49
€78.54
|
|
| Men's business shoes (leather) |
$194.16
ISK26,934
|
$108.41
€103.23
|
|
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