Reykjavik vs Lisbon
Cost of living comparison for 2026. Lisbon is roughly 58% more affordable than Reykjavik (index 28 vs 66, New York = 100). Data sourced live via AI — updated regularly.
Life Power at $3,000/mo
The same salary ranks differently depending on where you live — from Beggar to King.
Head-to-Head Stats
Price Breakdown
Digital Nomad Profile
Reykjavik
Lisbon
Frequently Asked Questions
Is Reykjavik cheaper than Lisbon?
Lisbon is cheaper than Reykjavik. Lisbon has a cost of living index of 28/100 compared to 66/100 for Reykjavik (New York = 100), making it roughly 58% more affordable overall.
How much cheaper is Lisbon than Reykjavik?
Lisbon is approximately 58% cheaper than Reykjavik based on cost index scores (28 vs 66, where New York = 100). A person spending $3,000/month in Reykjavik could live a similar lifestyle for roughly $1,271/month in Lisbon.
What is the rent comparison between Reykjavik and Lisbon?
In Reykjavik, a 1-bedroom apartment in the city center costs approximately $2,130/month. In Lisbon, the equivalent is around $1,360/month.
Which city is better for digital nomads — Reykjavik or Lisbon?
Both cities have nomad infrastructure. Reykjavik offers 289 Mbps internet and coworking at ~$350/month. Lisbon offers 175 Mbps and coworking at ~$200/month. Lisbon has a cost advantage of 58%.
What is the average income in Reykjavik vs Lisbon?
The median net monthly salary in Reykjavik is approximately $4,600 USD, compared to $1,750 USD in Lisbon.
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