Lisbon vs Oslo
Cost of Living Comparison 2026
Lisbon is ~35% 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
Oslo
Norway
COL+Rent
67.4
Rent Index
38.5
Groceries
98.2
Restaurant
106.4
Monthly Cost Comparison
| Category | Lisbon | Oslo | Diff |
|---|---|---|---|
| Rent (1BR City) | $1,337 | $1,954 | $617 |
| Rent (1BR Outside) | $1,040 | $1,492 | $452 |
| Groceries | $277 | $604 | $327 |
| Restaurant Meal | $15 | $28 | $13 |
| Transit Pass | $45 | $93 | $48 |
| Utilities | $130 | $195 | $65 |
Monthly Budget Comparison
| Lifestyle | Lisbon | Oslo |
|---|---|---|
| Minimal | $1,469/mo | $2,315/mo |
| Typical | $2,014/mo | $3,266/mo |
| Comfortable | $2,495/mo | $4,100/mo |
Purchasing Power Equivalence
| Budget in Lisbon | ≈ in Oslo | Difference |
|---|---|---|
| $1,500/mo | $2,308/mo | +$808 |
| $2,000/mo | $3,078/mo | +$1,078 |
| $3,000/mo | $4,616/mo | +$1,616 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
Analysis: Lisbon vs Oslo for Expats & Remote Workers
Our data shows Lisbon is approximately 35% more affordable than Oslo when combining rent and daily living costs. Lisbon's COL+Rent Index of 43.8 vs Oslo's 67.4 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.
Housing is the biggest differentiator: a city-center one-bedroom in Lisbon costs $1,337/month versus $1,954/month in Oslo — giving Lisbon a $617/month advantage on housing alone. Over a full year, this rent difference alone amounts to $7,404 in annual savings.
Day-to-day costs tell a more nuanced story. Groceries in Lisbon ($277/mo) vs Oslo ($604/mo) reflect Lisbon's lower food prices, while restaurant meals at $15 vs $28 show Lisbon is the better value for dining out. 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, Lisbon offers meaningfully better value — your typical monthly budget of $2,014 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.