Lisbon vs Sydney
Cost of Living Comparison 2026
Lisbon is ~37% 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
Sydney
Australia
COL+Rent
69.7
Rent Index
54.9
Groceries
86.8
Restaurant
78.3
Monthly Cost Comparison
| Category | Lisbon | Sydney | Diff |
|---|---|---|---|
| Rent (1BR City) | $1,337 | $2,442 | $1,105 |
| Rent (1BR Outside) | $1,040 | $1,822 | $782 |
| Groceries | $277 | $483 | $206 |
| Restaurant Meal | $15 | $25 | $10 |
| Transit Pass | $45 | $114 | $69 |
| Utilities | $130 | $171 | $41 |
Monthly Budget Comparison
| Lifestyle | Lisbon | Sydney |
|---|---|---|
| Minimal | $1,469/mo | $2,545/mo |
| Typical | $2,014/mo | $3,585/mo |
| Comfortable | $2,495/mo | $4,423/mo |
Purchasing Power Equivalence
| Budget in Lisbon | ≈ in Sydney | Difference |
|---|---|---|
| $1,500/mo | $2,387/mo | +$887 |
| $2,000/mo | $3,183/mo | +$1,183 |
| $3,000/mo | $4,774/mo | +$1,774 |
Detailed Budget Analysis
See exactly how specific monthly budgets break down in each city:
Analysis: Lisbon vs Sydney for Expats & Remote Workers
Our data shows Lisbon is approximately 37% more affordable than Sydney when combining rent and daily living costs. Lisbon's COL+Rent Index of 43.8 vs Sydney's 69.7 (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 $2,442/month in Sydney — giving Lisbon a $1,105/month advantage on housing alone. Over a full year, this rent difference alone amounts to $13,260 in annual savings.
Day-to-day costs tell a more nuanced story. Groceries in Lisbon ($277/mo) vs Sydney ($483/mo) reflect Lisbon's lower food prices, while restaurant meals at $15 vs $25 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.