Cost of Living Guide
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City comparison

Cost of living in London vs Lisbon

One person needs about €3,468 a month in London and €1,874 in Lisbon, rent included — Lisbon is 46% cheaper overall.

🇬🇧
London
United Kingdom · 8.9M pop
vs
🇵🇹
Lisbon
Portugal · 545K pop
Monthly rent (1BR)
€2,400€1,300
46% cheaper
Groceries / mo
€420€290
31% cheaper
Eating out (meal)
€22€13
41% cheaper
Internet (100mbps)
€42€35
17% cheaper
Avg salary (tech)
€5,600€2,400
57% lower
Coworking / mo
€380€180
53% cheaper
LondonLisbon
Rent€2,400€1,300
Groceries€420€290
Transport€190€40
Utilities€240€105

🇬🇧 London

Salaries are high, everything else is higher — transport alone costs a Tbilisi flat.

Monthly budget: €3,468

Sources: ONS + VOA, CPIH & private rental market summary (2025) · 468 community reports

🇵🇹 Lisbon

Visa-friendly and well connected, but local salaries lag far behind expat-driven rents.

Monthly budget: €1,874

Sources: Statistics Portugal (INE) + Eurostat, HICP & house-rent statistics (2025) · 331 community reports

Should you move to London or Lisbon?

On salary, London pays more for tech roles (€5,600 versus €2,400 a month), so the money left over after costs is €2,132 in London at the top end.

Rent drives most of the gap: €2,400 in London against €1,300 in Lisbon. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores London at 64 and Lisbon at 83 — see the full nomad index and our data methodology.

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