Cheapest Cities Near Lisbon (2026)

Lisbon has a cost of living index of 63 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Phnom Penh, KH52% cheaper
COL: 301BR: $350/moSave $1,050/mo on rent
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2
Buenos Aires, AR52% cheaper
COL: 301BR: $400/moSave $1,000/mo on rent
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3
Oaxaca, MX49% cheaper
COL: 321BR: $400/moSave $1,000/mo on rent
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4
Da Nang, VN46% cheaper
COL: 341BR: $350/moSave $1,050/mo on rent
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5
Medellín, CO44% cheaper
COL: 351BR: $500/moSave $900/mo on rent
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6
Marrakech, MA44% cheaper
COL: 351BR: $430/moSave $970/mo on rent
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7
Hanoi, VN41% cheaper
COL: 371BR: $450/moSave $950/mo on rent
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8
Cebu City, PH41% cheaper
COL: 371BR: $400/moSave $1,000/mo on rent
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Lisbon at a glance

63
COL index
100 = US avg
$1,400
1BR rent
per month
—
Home price
median
20%
State tax
income

Cities with similar cost of living

Taipei, TWCOL: 63Santiago, CLCOL: 62Tallinn, EECOL: 60Vilnius, LTCOL: 60

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only