City Comparison

Lisbon vs Mumbai

Cost of Living Comparison 2026

Mumbai is ~43% 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

Mumbai

India

COL+Rent

25

Rent Index

16.2

Groceries

30.9

Restaurant

25

Monthly Cost Comparison

CategoryLisbonMumbaiDiff
Rent (1BR City)$1,337$462+$875
Rent (1BR Outside)$1,040$272+$768
Groceries$277$125+$152
Restaurant Meal$15$7+$8
Transit Pass$45$14+$31
Utilities$130$39+$91

Monthly Budget Comparison

LifestyleLisbonMumbai
Minimal$1,469/mo$441/mo
Typical$2,014/mo$745/mo
Comfortable$2,495/mo$944/mo

Purchasing Power Equivalence

Budget in Lisbon≈ in MumbaiDifference
$1,500/mo$856/mo-$644
$2,000/mo$1,142/mo-$858
$3,000/mo$1,712/mo-$1,288

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Lisbon vs Mumbai for Expats & Remote Workers

Our data shows Mumbai is approximately 43% more affordable than Lisbon when combining rent and daily living costs. Lisbon's COL+Rent Index of 43.8 vs Mumbai's 25 (both measured against New York City = 100) reflects a meaningful difference that adds up over months of living expenses.

Housing is the biggest differentiator: a city-center one-bedroom in Lisbon costs $1,337/month versus $462/month in Mumbaigiving Mumbai a $875/month advantage on housing alone. Over a full year, this rent difference alone amounts to $10,500 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Lisbon ($277/mo) vs Mumbai ($125/mo) reflect Mumbai's lower food prices, while restaurant meals at $15 vs $7 show Mumbai 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, Mumbai offers meaningfully better value — your typical monthly budget of $745 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.

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Frequently Asked Questions

Is Lisbon or Mumbai cheaper to live in?
Mumbai is approximately 43% cheaper overall. Lisbon's COL+Rent Index is 43.8 vs Mumbai's 25 (NYC = 100).
How much is rent in Lisbon vs Mumbai?
A 1BR in Lisbon city center costs ~$1,337/mo vs $462/mo in Mumbai. Outside the center: $1,040 vs $272.
What is $2,000/month in Lisbon worth in Mumbai?
Using cost-of-living adjustment, $2,000/month in Lisbon has the purchasing power of approximately $1,142/month in Mumbai.
Are groceries cheaper in Lisbon or Mumbai?
Monthly groceries cost approximately $277 in Lisbon vs $125 in Mumbai. Groceries Index: 49.1 vs 30.9 (NYC = 100).