Lisbon, Portugal
Portugal's sun-drenched capital, blending historic charm with modern innovation, famous for its hills, trams, and pastéis de nata.
Above Average vs Portugal avg (100)
Above Average
Household income
Job market health
Lisbon vs Portugal Average
Taxes
- Income Tax: 28.5%
- VAT: 23.0%
Economy & Jobs
- Median Income: €28,000
- Unemployment: 6.5%
- Population: 545,923
Climate
- Sunny Days: 240/year
- Summer High: 82°F
- Winter Low: 47°F
Housing
- Median Home: €500,000
- 1BR Rent: €1400/mo
Cost of Living
Lisbon's cost of living index is 110 (Portugal average = 100).
| Category | Lisbon | National Average | Difference |
|---|---|---|---|
| Overall | 110 | 100 | +10.0% |
| Housing | 150 | 100 | +50.0% |
Data source: INE / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €500,000 |
| Median Rent (1BR) | €1400/mo |
| Median Rent (2BR) | €1,750/mo |
| Price per Sq Ft | €333 |
Data source: Idealista / OLX Imóveis, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Lisbon:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €80 | Based on ~3,500 kWh/year typical Portuguese household usage |
| Heating & Cooling | €16 | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | N/A | Estimated based on local climate and electricity rates |
| Water | €35 | Includes sewer |
| Internet (100+ Mbps) | €40 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | €171 | Monthly estimate (including heating & cooling) |
Data sources: ERSE, EDP, Galp 2025
Best Neighborhoods
Downtown Lisbon
The heart of the city with restaurants, shops, and entertainment. Average rent: €1,680/mo.
Lisbon Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: €1,540/mo.
East Lisbon
Up-and-coming neighborhood with new developments and young professionals. Average rent: €1,260/mo.
West Lisbon
Family-friendly area with parks and good schools. Average rent: €1,330/mo.
Remote Work Score
Lisbon scores —/100 for remote work readiness:
Climate
Lisbon has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 67°F | 47°F | 2.5" |
| April | 67°F | 62°F | 2.8" |
| July | 82°F | 57°F | 1.5" |
| October | 62°F | 65°F | 2.2" |
Taxes
- Income Tax: 28.5%
- VAT: 23%
- Property Tax: ~0.6% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 6.5%.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Lisbon, Portugal?
The cost of living index in Lisbon is 110, which is Higher the Portugal national average of 100.
How much does it cost to buy a home in Lisbon?
The median home price in Lisbon is €500,000. The housing index is 150.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Lisbon is approximately €1400/mo.
Does Lisbon, LIS have income tax?
Lisbon is in LIS, which has an income tax rate of 28.5%.
What is the climate like in Lisbon?
Lisbon enjoys approximately 240 sunny days per year. Summer highs reach around 82°F, while winter lows can drop to around 47°F.
Data Sources
- Cost of Living: INE / Numbeo, 2026
- Housing Data: Idealista / OLX Imóveis, 2026
- Income & Employment: INE Labour Force Survey, 2024
- Utilities ERSE, EDP, Galp 2025
Data last updated: July 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.