City Comparison
Lisbon vs Faro
Cost of Living Comparison 2026
Faro is ~42% cheaper overall
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Lisbon
Portugal
COL+Rent
43.8
Rent Index
30
Groceries
49.1
Restaurant
47.4
Faro
Portugal
COL+Rent
25.5
Rent Index
12.9
Groceries
32.4
Restaurant
27.7
Monthly Cost Comparison
| Category | Lisbon | Faro | Diff |
|---|---|---|---|
| Rent (1BR City) | $1,337 | $574 | +$763 |
| Rent (1BR Outside) | $1,040 | $447 | +$593 |
| Groceries | $277 | $183 | +$94 |
| Restaurant Meal | $15 | $10 | +$5 |
| Transit Pass | $45 | $29 | +$16 |
| Utilities | $130 | $86 | +$44 |
Monthly Budget Comparison
| Lifestyle | Lisbon | Faro |
|---|---|---|
| Minimal | $1,469/mo | $730/mo |
| Typical | $2,014/mo | $1,022/mo |
| Comfortable | $2,495/mo | $1,295/mo |
Purchasing Power Equivalence
| Budget in Lisbon | ≈ in Faro | Difference |
|---|---|---|
| $1,500/mo | $873/mo | -$627 |
| $2,000/mo | $1,164/mo | -$836 |
| $3,000/mo | $1,747/mo | -$1,253 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
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Frequently Asked Questions
Is Lisbon or Faro cheaper to live in?
Faro is approximately 42% cheaper overall. Lisbon's COL+Rent Index is 43.8 vs Faro's 25.5 (NYC = 100).
How much is rent in Lisbon vs Faro?
A 1BR in Lisbon city center costs ~$1,337/mo vs $574/mo in Faro. Outside the center: $1,040 vs $447.
What is $2,000/month in Lisbon worth in Faro?
Using cost-of-living adjustment, $2,000/month in Lisbon has the purchasing power of approximately $1,164/month in Faro.
Are groceries cheaper in Lisbon or Faro?
Monthly groceries cost approximately $277 in Lisbon vs $183 in Faro. Groceries Index: 49.1 vs 32.4 (NYC = 100).