🇵🇹 Lisbon vs 🇪🇸 Valencia
Cost of Living Comparison (2026)
Valencia is 12% cheaper than Lisbon
Quick answer
Comparing Lisbon, Portugal and Valencia, Spain: a moderate single-person monthly budget is approximately $2,604 in Lisbon versus $2,290 in Valencia. Valencia is roughly 12% cheaper overall. Central 1-bed rent: $1,466/mo (Lisbon) vs $1,282/mo (Valencia). The totals use the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Key facts
- Moderate budget: $2,604/mo in Lisbon single person — city-centre rent + modeled non-housing categories.
- Moderate budget: $2,290/mo in Valencia single person — like-for-like city-centre basket.
- Central 1-bed rent $1,466/mo in Lisbon · $1,282/mo in Valencia.
- Cheaper overall: Valencia ~12% cheaper than Lisbon.
- Source World Bank ICP + national statistics + item-level price snapshots · CC BY 4.0.
Monthly Budget Comparison
| Lifestyle | 🇵🇹 Lisbon | 🇪🇸 Valencia | Difference |
|---|---|---|---|
| Budget | $1,800/mo | $1,600/mo | -11% |
| Moderate | $2,604/mo | $2,290/mo | -12% |
| Comfortable | $3,900/mo | $3,450/mo | -12% |
The Moderate row equals the category table below: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending. Budget and Comfortable scale that same basket.
Cost Breakdown by Category
| Category | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Housing (1-bed, center) | $1,466/mo | $1,282/mo | -13% |
| Groceries & Food | $350/mo | $310/mo | -11% |
| Dining Out | $175/mo | $155/mo | -11% |
| Transport | $175/mo | $155/mo | -11% |
| Utilities & Internet | $175/mo | $155/mo | -11% |
| Healthcare | $140/mo | $124/mo | -11% |
| Leisure & Personal | $123/mo | $109/mo | -11% |
Category sum = Moderate budget. Basis: single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
Housing (1-bed, center)
Lisbon
$1,466
Valencia
$1,282
Groceries & Food
Lisbon
$350
Valencia
$310
Dining Out
Lisbon
$175
Valencia
$155
Transport
Lisbon
$175
Valencia
$155
Utilities & Internet
Lisbon
$175
Valencia
$155
Healthcare
Lisbon
$140
Valencia
$124
Leisure & Personal
Lisbon
$123
Valencia
$109
Detailed Price Comparison
Sources: INE (Statistics Portugal), Eurostat / INE (Spain), Eurostat. Updated Jan 2026.
Groceries
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Loaf of bread (500g) | $1 | $1 | -8% |
| Milk (1 liter) | $1 | $1 | 0% |
| Eggs (12) | $3 | $2 | -4% |
| Chicken breast (1 kg) | $7 | $7 | 0% |
| Rice (1 kg) | $1 | $1 | -8% |
| Apples (1 kg) | $2 | $2 | -11% |
| Tomatoes (1 kg) | $2 | $2 | -18% |
Restaurants & Cafes
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Lunch menu (business district) | $10 | $11 | +16% |
| Fast food combo meal | $8 | $8 | +8% |
| Cappuccino | $2 | $2 | 0% |
| Beer (0.5L, restaurant) | $3 | $3 | 0% |
| Beer (0.5L, store) | $1 | $1 | -27% |
Housing
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| 1-bedroom apartment, center | $1,466 | $1,282 | -13% |
| 1-bedroom apartment, outside | $800 | $650 | -19% |
| 3-bedroom apartment, center | $2,100 | $1,600 | -24% |
| 3-bedroom apartment, outside | $1,400 | $1,100 | -21% |
Transport
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Monthly transit pass | $44 | $40 | -9% |
| Taxi start (normal tariff) | $4 | $1 | -75% |
| Taxi per km | $1 | $2 | +143% |
Utilities & Internet
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Electricity, water, garbage (85m²) | $120 | $115 | -4% |
| Internet (60+ Mbps) | $35 | $33 | -6% |
| Mobile plan (10GB+) | $18 | $18 | 0% |
Leisure & Fitness
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Gym membership (monthly) | $40 | $35 | -13% |
| Cinema ticket | $8 | $9 | +9% |
Personal Care
| Item | 🇵🇹 Lisbon | 🇪🇸 Valencia | Diff |
|---|---|---|---|
| Haircut (men) | $15 | $13 | -13% |
Quick Facts
🇵🇹 Lisbon
- Monthly cost (moderate)
- $2,604
- 1-bed rent (center)
- $1,466/mo
- Cappuccino
- $2.45
- Inexpensive meal
- $14.00
- Monthly transit pass
- $44
- Internet speed
- 115 Mbps
- Safety index
- 78/100(very safe)
- Healthcare index
- 95/100
- Country
- Portugal
🇪🇸 Valencia
- Monthly cost (moderate)
- $2,290
- 1-bed rent (center)
- $1,282/mo
- Cappuccino
- $1.80
- Inexpensive meal
- $11.00
- Monthly transit pass
- $40
- Internet speed
- 170 Mbps
- Safety index
- 74/100(very safe)
- Healthcare index
- 100/100
- Country
- Spain
Explore more: Lisbon city guide | Valencia city guide | Portugal | Spain
Related Comparisons
Frequently Asked Questions
Is Lisbon or Valencia cheaper to live in?
Valencia is approximately 12% cheaper than Lisbon overall.
How much does it cost to live in Lisbon per month?
A moderate monthly budget for a single person in Lisbon is approximately $2,604 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
How much does it cost to live in Valencia per month?
A moderate monthly budget for a single person in Valencia is approximately $2,290 on the single-person city-centre basket: canonical 1-bedroom city-centre rent plus modeled groceries, dining, transport, utilities/internet, healthcare, and leisure/personal spending.
What is the rent difference between Lisbon and Valencia?
A 1-bedroom apartment in the city center costs around $1,466/month in Lisbon and $1,282/month in Valencia.