Cost of Living in Lisbon
Here's what you can expect to spend monthly as an expat in Lisbon, based on real advisory data from 2026.
| Expense | MONTHLY |
|---|---|
| Rent (1BR, City Center) | $1300 |
| Groceries & Food | $270 |
| Public Transport | $43 |
| Utilities & Internet | $156 |
| Entertainment | $234 |
| Total Estimate | $1950/mo |
Wise offers the real exchange rate with transparent, low fees. Trusted by 16M+ people — the #1 tool we recommend to every expat client.
Try Wise Free →Best Neighborhoods
Coworking Spaces
| Space | Price | Area |
|---|---|---|
| Second Home | €300/mo | Cais do Sodré |
| Outsite Lisbon | €250/mo | Santos |
| Heden | €200/mo | Baixa |
Pros & Cons
✅ Pros
- 300+ days of sunshine per year — one of Europe's sunniest capitals
- Thriving startup and tech ecosystem — Web Summit, hundreds of startups
- Excellent and affordable food — fresh seafood, pastéis de nata, incredible wine
- High English proficiency among younger population — 70%+ speak some English
- Very safe city with low violent crime — one of Europe's safest capitals
- Beach access within 20 minutes by train (Cascais, Costa da Caparica)
❌ Cons
- Housing costs have risen 80%+ since 2019 — gentrification is a serious issue
- Local salaries very low (€900-1,200/mo average) — problematic if working locally
- Portuguese bureaucracy is notoriously slow — SEF (immigration) appointments take months
- Summer can be intensely hot (35-40°C in July/August)
- Gentrification causing tension between locals and foreign remote workers
- Hills make the city challenging for mobility-impaired people and cyclists
Visa info: Portugal offers several visa pathways for expats. The D7 Passive Income Visa requires proof of passive income (minimum ~€760/month for a single applicant) from pensions, investments, rental income, or similar sources. The Digital Nomad Visa (launched 2022) targets remote workers earning at least 4x ... Read full visa guide →
SafetyWing offers affordable travel & health insurance from $45/mo — designed for digital nomads and remote workers in 195+ countries.
Get Covered →