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Belem in Lisbon

Cost of Living in Lisbon

By Betsy Burlingame

Last updated on Sep 13, 2023

Summary: The cost of living in Lisbon, Portugal is generally considered to be quite reasonable. A nice one bedroom apartment in Lisbon can cost anywhere from $600 to $1,200 per month, while a nice two bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Lisbon is usually around $20 per person.

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Is the cost of living in Lisbon high?

We asked people how much they someone comfortably live on in Lisbon, they wrote:

"The cost of living in Lisbon is generally considered to be quite reasonable. Prices for basic necessities such as food, transportation, and housing are generally lower than in other major European cities. Eating out in restaurants is also relatively affordable, with a meal for two people costing around €30. Utilities such as electricity and water are also relatively inexpensive. Overall, Lisbon is a great place to live for those looking for a good quality of life at an affordable price," explained one expat.

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Will I save money living in Lisbon?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Belem in Lisbon

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