Cost of living: Lisbon vs London
Lisbon is about 33% cheaper than London overall. Below: how the two cities compare across rent, groceries, transport, utilities and dining, with indicative monthly budgets.
Cost indices (New York = 100)
Indicative monthly costs (USD)
| Lisbon | London | |
|---|---|---|
| Rent (1-bed, centre) | $1,300 | $2,700 |
| Single person / month (excl. rent) | $850 | $1,200 |
| Family of four / month (excl. rent) | $3,000 | $4,300 |
Lisbon
Popular expat base; far cheaper than US/UK cities, though rents are rising.
London
High transport and utility costs; groceries cheaper than US peers.
Frequently asked questions
Is Lisbon more expensive than London?
Lisbon is about 33% cheaper than London overall. These are indicative figures (New York = 100 for the overall index); actual costs depend on neighbourhood and lifestyle.
How much rent should I budget in Lisbon vs London?
A central one-bedroom runs roughly $1,300/month in Lisbon and $2,700/month in London (indicative).
What's a realistic monthly budget for a family of four?
Excluding rent, a family of four spends roughly $3,000/month in Lisbon and $4,300/month in London (indicative).
Cost-of-living figures are indicative planning estimates (New York = 100 for indices; monthly amounts in USD), last reviewed 2026-06-21. Actual costs vary by neighbourhood, lifestyle and exchange rates.