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
€12.15
|
$17.84
kr2,439
|
|
Fast food combo meal
McDonalds, or similar
|
$8.25
€7.59
|
$14.27
kr1,951
|
|
Bottle of Coca-Cola (11 fl. oz) |
$1.77
€1.63
|
$2.32
kr317
|
|
Bottle of water (11 fl. oz) |
$1.36
€1.25
|
$2.12
kr290
|
|
pay 55.6% more for groceries
Lisbon
|
Iceland
|
||
---|---|---|---|
Bread
1 loaf
|
$1.55
€1.43
|
$3.42
kr468
|
|
Local cheese (8 oz) |
$5.15
€4.74
|
$5.98
kr818
|
|
Milk (1 gallon) |
$3.88
€3.58
|
$5.33
kr728
|
|
Eggs
1 dozen
|
$2.95
€2.72
|
$5.66
kr774
|
|
Boneless chicken breast (1 lb) |
$3.38
€3.11
|
$7.09
kr970
|
|
Apples (1 lb) |
$0.99
€0.91
|
$1.16
kr159
|
|
Bananas (1 lb) |
$0.65
€0.60
|
$0.98
kr134
|
|
Oranges (1 lb) |
$0.77
€0.71
|
$1.17
kr160
|
|
Tomatoes (1 lb) |
$1.01
€0.93
|
$1.84
kr251
|
|
Potatoes (1 lb) |
$0.64
€0.59
|
$0.96
kr131
|
|
Onions (1 lb) |
$0.62
€0.57
|
$0.51
kr70
|
|
pay 54.3% more for transportation
Lisbon
|
Iceland
|
||
---|---|---|---|
Gasoline (1 gallon) |
$7.68
€7.07
|
$8.03
kr1,099
|
|
Monthly public transit pass |
$43.98
€40.50
|
$77.40
kr10,584
|
|
New Volkswagen Golf 1.4 (standard edition) |
$30,784.59
€28,351.07
|
$29,836.83
kr4,080,131
|
|
Taxi trip in downtown area (5 miles) |
$10.00
€9.21
|
$23.97
kr3,277
|
|
pay 16.9% more for housing
Lisbon
|
Iceland
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$39.97
€36.81
|
$62.40
kr8,533
|
|
1-Bedroom apartment in downtown area |
$1,352.26
€1,245.36
|
$1,437.14
kr196,527
|
|
1-Bedroom apartment outside city center |
$872.69
€803.70
|
$1,215.63
kr166,234
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$104.15
€95.92
|
$68.63
kr9,385
|
|
pay 59.0% less for childcare
Lisbon
|
Iceland
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$462.77
€426.19
|
$259.34
kr35,465
|
|
Middle school for 1 child, two semesters |
$10,635.21
€9,794.49
|
$2,750.10
kr376,071
|
|
pay 94.5% more for entertainment and sports
Lisbon
|
Iceland
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$2.75
€2.53
|
$8.52
kr1,165
|
|
Cappuccino in mid-range area |
$2.06
€1.89
|
$4.15
kr568
|
|
Pack of cigarettes
Marlboro or similar
|
$5.94
€5.47
|
$10.64
kr1,454
|
|
Monthly membership at local gym |
$42.87
€39.48
|
$56.90
kr7,781
|
|
Movie ticket to theater/cinema |
$8.25
€7.59
|
$12.27
kr1,678
|
|
pay 58.2% more for clothing
Lisbon
|
Iceland
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$84.22
€77.56
|
$118.08
kr16,147
|
|
Regular dress
from H&M or similar store
|
$35.28
€32.49
|
$50.39
kr6,891
|
|
Running shoes
Nike or Adidas
|
$83.32
€76.74
|
$151.12
kr20,665
|
|
Men's business shoes (leather) |
$104.05
€95.82
|
$175.20
kr23,958
|
|
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