Graz vs Lisbon
Cost of Living Comparison 2026
Graz is ~10% cheaper overall
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Graz
Austria
COL+Rent
39.4
Rent Index
18.1
Groceries
61.7
Restaurant
58
Lisbon
Portugal
COL+Rent
43.8
Rent Index
30
Groceries
49.1
Restaurant
47.4
Monthly Cost Comparison
| Category | Graz | Lisbon | Diff |
|---|---|---|---|
| Rent (1BR City) | $821 | $1,337 | $516 |
| Rent (1BR Outside) | $630 | $1,040 | $410 |
| Groceries | $370 | $277 | +$93 |
| Restaurant Meal | $15 | $15 | $0 |
| Transit Pass | $47 | $45 | +$2 |
| Utilities | $170 | $130 | +$40 |
Monthly Budget Comparison
| Lifestyle | Graz | Lisbon |
|---|---|---|
| Minimal | $1,166/mo | $1,469/mo |
| Typical | $1,633/mo | $2,014/mo |
| Comfortable | $2,055/mo | $2,495/mo |
Purchasing Power Equivalence
| Budget in Graz | ≈ in Lisbon | Difference |
|---|---|---|
| $1,500/mo | $1,668/mo | +$168 |
| $2,000/mo | $2,223/mo | +$223 |
| $3,000/mo | $3,335/mo | +$335 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
Analysis: Graz vs Lisbon for Expats & Remote Workers
Our data shows Graz is approximately 10% more affordable than Lisbon when combining rent and daily living costs. Graz's COL+Rent Index of 39.4 vs Lisbon's 43.8 (both measured against New York City = 100) reflects a relatively small gap, meaning the decision between these cities often comes down to lifestyle preferences rather than pure cost.
Housing is the biggest differentiator: a city-center one-bedroom in Graz costs $821/month versus $1,337/month in Lisbon — giving Graz a $516/month advantage on housing alone. Over a full year, this rent difference alone amounts to $6,192 in annual savings.
Day-to-day costs tell a more nuanced story. Groceries in Graz ($370/mo) vs Lisbon ($277/mo) reflect Lisbon's lower food prices, while restaurant meals at $15 vs $15 show Lisbon offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.
Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Graz offers meaningfully better value — your typical monthly budget of $1,633 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.