City Comparison

Lisbon vs Stockholm

Cost of Living Comparison 2026

Lisbon is ~14% 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

Stockholm

Sweden

COL+Rent

51

Rent Index

32.7

Groceries

59.6

Restaurant

62.4

Monthly Cost Comparison

CategoryLisbonStockholmDiff
Rent (1BR City)$1,337$1,449$112
Rent (1BR Outside)$1,040$1,139$99
Groceries$277$339$62
Restaurant Meal$15$17$2
Transit Pass$45$93$48
Utilities$130$103+$27

Monthly Budget Comparison

LifestyleLisbonStockholm
Minimal$1,469/mo$1,640/mo
Typical$2,014/mo$2,239/mo
Comfortable$2,495/mo$2,779/mo

Purchasing Power Equivalence

Budget in Lisbon≈ in StockholmDifference
$1,500/mo$1,747/mo+$247
$2,000/mo$2,329/mo+$329
$3,000/mo$3,493/mo+$493

Detailed Budget Analysis

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

Analysis: Lisbon vs Stockholm for Expats & Remote Workers

Our data shows Lisbon is approximately 14% more affordable than Stockholm when combining rent and daily living costs. Lisbon's COL+Rent Index of 43.8 vs Stockholm's 51 (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 Lisbon costs $1,337/month versus $1,449/month in Stockholmgiving Lisbon a $112/month advantage on housing alone. Over a full year, the rent difference is modest and may be offset by other cost categories.

Day-to-day costs tell a more nuanced story. Groceries in Lisbon ($277/mo) vs Stockholm ($339/mo) reflect Lisbon's lower food prices, while restaurant meals at $15 vs $17 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.

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Frequently Asked Questions

Is Lisbon or Stockholm cheaper to live in?
Lisbon is approximately 14% cheaper overall. Lisbon's COL+Rent Index is 43.8 vs Stockholm's 51 (NYC = 100).
How much is rent in Lisbon vs Stockholm?
A 1BR in Lisbon city center costs ~$1,337/mo vs $1,449/mo in Stockholm. Outside the center: $1,040 vs $1,139.
What is $2,000/month in Lisbon worth in Stockholm?
Using cost-of-living adjustment, $2,000/month in Lisbon has the purchasing power of approximately $2,329/month in Stockholm.
Are groceries cheaper in Lisbon or Stockholm?
Monthly groceries cost approximately $277 in Lisbon vs $339 in Stockholm. Groceries Index: 49.1 vs 59.6 (NYC = 100).