Cost of living comparison
Iceland is 38.5% more expensive than Lisbon.
If you lived in Iceland instead of Lisbon, you would:
pay 48.9% more for restaurants
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$13.19
€12.29
|
$17.84
kr2,483
|
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
€7.68
|
$14.27
kr1,986
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.77
€1.65
|
$2.32
kr323
|
|
| Bottle of water (11 fl. oz) |
$1.36
€1.27
|
$2.12
kr296
|
|
pay 55.6% more for groceries
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.55
€1.44
|
$3.42
kr477
|
|
| Local cheese (8 oz) |
$5.15
€4.80
|
$5.98
kr833
|
|
| Milk (1 gallon) |
$3.88
€3.62
|
$5.33
kr741
|
|
|
Eggs
1 dozen
|
$2.95
€2.75
|
$5.66
kr788
|
|
| Boneless chicken breast (1 lb) |
$3.38
€3.15
|
$7.09
kr988
|
|
| Apples (1 lb) |
$0.99
€0.92
|
$1.16
kr162
|
|
| Bananas (1 lb) |
$0.65
€0.60
|
$0.98
kr137
|
|
| Oranges (1 lb) |
$0.77
€0.72
|
$1.17
kr163
|
|
| Tomatoes (1 lb) |
$1.01
€0.94
|
$1.84
kr256
|
|
| Potatoes (1 lb) |
$0.64
€0.60
|
$0.96
kr133
|
|
| Onions (1 lb) |
$0.62
€0.58
|
$0.51
kr71
|
|
pay 54.3% more for transportation
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.68
€7.16
|
$8.03
kr1,118
|
|
| Monthly public transit pass |
$43.98
€40.98
|
$77.40
kr10,775
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$30,784.59
€28,686.62
|
$29,836.83
kr4,153,883
|
|
| Taxi trip in downtown area (5 miles) |
$10.00
€9.32
|
$23.97
kr3,337
|
|
pay 16.9% more for housing
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$39.97
€37.24
|
$62.40
kr8,688
|
|
| 1-Bedroom apartment in downtown area |
$1,352.26
€1,260.10
|
$1,437.14
kr200,079
|
|
| 1-Bedroom apartment outside city center |
$872.69
€813.21
|
$1,215.63
kr169,239
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$104.15
€97.05
|
$68.63
kr9,555
|
|
pay 59.0% less for childcare
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$462.77
€431.23
|
$259.34
kr36,106
|
|
| Middle school for 1 child, two semesters |
$10,635.21
€9,910.42
|
$2,750.10
kr382,869
|
|
pay 94.5% more for entertainment and sports
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$2.75
€2.56
|
$8.52
kr1,186
|
|
| Cappuccino in mid-range area |
$2.06
€1.92
|
$4.15
kr578
|
|
|
Pack of cigarettes
Marlboro or similar
|
$5.94
€5.53
|
$10.64
kr1,481
|
|
| Monthly membership at local gym |
$42.87
€39.95
|
$56.90
kr7,922
|
|
| Movie ticket to theater/cinema |
$8.25
€7.68
|
$12.27
kr1,709
|
|
pay 58.2% more for clothing
|
Lisbon
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$84.22
€78.48
|
$118.08
kr16,438
|
|
|
Regular dress
from H&M or similar store
|
$35.28
€32.88
|
$50.39
kr7,015
|
|
|
Running shoes
Nike or Adidas
|
$83.32
€77.64
|
$151.12
kr21,039
|
|
| Men's business shoes (leather) |
$104.05
€96.96
|
$175.20
kr24,391
|
|
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