Lisbon Prices: A Guide to How Much You’ll Pay for Things in Lisbon

If you are planning on either visiting Lisbon or moving to Lisboa, you're probably making a budget (if you're not, you should be).  If not, you're probably asking yourself 'is Lisbon expensive'. Today, I'll be discussing Lisbon prices so that you can figure out how much money to take to Lisbon for a week, a month, or how to budget if you are planning on moving here. This is a guide for you to know how much you'll pay for all sorts of things in Lisbon. This is a list for Mid 2017, but I'll update it on a fairly regular basis. 

Lisbon Prices 2017

Lisbon can be a very affordable city, but due to its popularity, prices have been increasing. In fact, Lisboa can now be more expensive for tourists than Madrid, Budapest, and Athens. Living in lisbon as an expat is not as affordable as it once was. However, that depends on how travel or life savvy you are. If you do your research, you can still enjoy great value in Lisbon. Let me give  you an idea of how much things cost in Lisbon:

Lisbon Prices: Lodging

Pricing for lodging in Lisbon Portugal

What you can expect to pay at a hostel versus a hotel versus an Airbnb rental in Lisbon

Lodging will be your biggest expense. Because the average salary in Lisbon is so low (860 Euros), many locals have begun renting their homes out on Airbnb. Investment from foreign countries (mostly France) has increased the cost of homes in Lisbon. This means that vacation rentals are more expensive. The same thing has happened with hotels. Because of the city's popularity, hotel pricing has increased significantly. You also need to do the research and see if events like WebSummit are going on. Prices will be higher around those events.

I still think that Airbnb is the best value because of the amenities you get (if you haven't used the service yet, grab my invite for a sweet discount). 

Let's break down the pricing for accommodations in Lisbon for two:

Hostel: Hostels will be the cheapest, but this comes at a cost. They are a great choice if you are a single traveler because you get to meet others, but you give up privacy and comfort. A private room in a hostel will cost you around €60. A shared room should cost you between €20-30. 

Hotel: Your average hotel in Lisbon will cost you between €249-300 per night. Keep in mind that you'll have to pay for extras such as meals, laundry services, etc.

Airbnb: I am including the average price for a studio to a 1 bedroom on Airbnb so we're comparing apples to apples. Hotels & hostels give you 1 room, with Airbnb you can find all types and sizes of accommodations. An Airbnb rental for two will cost you under €100.

Lisbon Prices: Eating Out 

How cheap is food in Lisbon

The cost of food and drink in Lisbon can be very cheap

Eating out in Lisbon is still one of the best values in Europe. There are restaurants where you can eat at under €10 for two people and leave completely full. There are places that will cheat you, especially in the more touristy areas. For example, locals are familiar with a place called "Made in Correeiros". They cheat tourists into spending  €100 per plate. They've been doing this for years... so my number one piece of advice when eating out is to get out of the Tourist traps or check review sites prior to commiting to a meal. 

Restaurants

Look for churrascarias, tascas, and leitarias. If you see locals or workers in there, this is a safe bet. Even the bad ones are good when you consider pricing. Portions at these restaurants are HUGE. If you're looking to save money, you can also check out all the different kiosks of Lisbon. They are tons of fun and very affordable. Here's the breakdown on the different types of restaurants, what you can expect to find there, and the average price you will expect to pay:

Kiosks: The Kiosks of Lisbon offer quick snacks and drinks (beer, wine, coffee). This includes everything from empadas and pasteis to small sandwiches called toasts. There are a few kiosks that are a bit fancier and specialize in certain types of cuisine like seafood or Asian. Stick to your regular kiosks if you are looking to save money.  At most €6 will get you a beer and a toast.

Churrascarias: These are Portuguese BBQ joints. If you're a carnivore, you definitely want to hit these up. €10 should get you a meal and a beer with plenty of leftovers.

Tasca: Tascas serve homemade food (like a good Portuguese grandma would make) at super cheap prices. €10 should be enough to feed you well.

Leitaria: Although Leitaria means dairy, these restaurants pack on a punch. These serve typical Portuguese food at very low prices. Same as with churrascarias, €10 should be more than enough for a main course and a beer or wine.

Other Types of Restaurants: There are tons of other types of restaurants in Lisbon, and if you so wish, you can spend 500€ on a meal. That being said, you can get a deal even on Michelin starred restaurants. For example, Eleven which has 1 star serves a 35€ lunch on weekdays. So just take the time to do your research before heading out.

My Fave Value Restaurants in TownThese aren't all "cheap", but the quality-value proposition is 100% there.

 Transportation

The metro in Lisbon is cheap and effective

This Lisbon Subway Map shows you just how far you can go in the city with very little money

Lisbon is a very walkable city, I've walked all the way from Avenidas Novas to Belem and loved it...however, if you don't like to walk (or if you want to skip the hills), Lisbon has fantastic public transport. There are buses, subways, trams, taxis, and services such as Uber. Here's the breakdown on cost:

Lisbon Metro & Bus SystemYou can get almost anywhere on the Lisbon metro system and there are tons of ticketing options to fit locals, expats and travelers:

  • Travelling all Lisboa: This one day ticket is good for unlimited trips in Carris, Metro and CP (Sintra, Cascais, Azambuja and Sado lines) for 24 hours after you validate it. The cost is €10.15
  • Viva Viagem Card: This is the most popular card. It costs €0.50 for the card and you can load as much money as you want into it. The only issue here is that it does not work like NYC where you can swipe people in. You will need one card per person.
  • Lisboa Viva Card: This is a card for locals & residents. The card itself costs  €7.00 and is sent to you by mail. You can load it at ATMs with your Portuguese Bank Card.

TramJust a heads up, I have never taken the tram. To me, it's just too touristy so it is not something I am interested in. The 28 (that's the most popular one) is just too crowded. If you want to ride the tram, pick another line and save yourself the wait and aggravation. A ride on most trams costs €2.90. 

Taxi The minimum fare on a taxi is  €3.25. That means as soon as you get in, you will be charged this. Then each additional kilometer costs  €0.47 (1 km is .6 miles). You can hail taxis, but it is much easier to get them to pick you up at a taxi queue. A ride from el Corte Ingles to the Airport will cost you  €10. While this option is cheap, there is a cheaper, more convenient option.

Ride Share Apps: Uber is very popular in Lisbon (not with taxi drivers, of course). A ride from El Corte Ingles to the airport cost  €6.74 (you can use my code to get a discount on your first ride with code nellyg235ue.

Cost of Daily Necessities

 Now that we've discussed the more pressing items, here is the average cost of things you may purchase in Lisbon:

  • Chicklets Gum:  €0.90 
  • Iceberg Lettuce:  €1.13
  • Canned tuna:  €1.84 (this is really good tuna - not your Bumble Bee crap)
  • Box of Ready to Eat Cooked Shrimp:  €3.08
  • Salted Butter  €1.39
  • Fresh Rosemary  €1.25
  • Sliced Ham  €3.79
  • Chicken Thighs  €3.60
  • Oreo cookies  €1.99
  • Chicken Stock  €1.10
  • Nivea Q10 with SPF 30  €9.74
  • Bottle of white wine  €4.74
  • Pesto Sauce  €2.29
  • Mortadella  €2.99 (this is the good Mortadella 5 slices per pack)
  • Paper towels  €1.49
  • Captain Morgan Spiced Rum  €11.99
  • KitKat  €1.99
  • 1 bottle Franziskaner Beer  €1.79
  • 4 rolls of Toiler Paper  €1.29
  • 6 eggs  €2.49

If you have questions on Lisbon, just ask. Wondering how much a car rental in Lisbon costs? Maybe you're curious about how much a tour in Lisbon will set you back? Just ask in the comments and I'll get back to you in a jiffy. 

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Blanca Valbuena

I am the co-founder of FriendsEat and Socialdraft. I've got an unhealthy obsession with Burgundian Chardonnay, ASOIAF, and travel.

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2 COMMENTS ON THIS POST To “Lisbon Prices: A Guide to How Much You’ll Pay for Things in Lisbon”

  • Matt

    September 13, 2017 at 11:36 am

    Thanks for this, some great info you’ve put forward 🙂

    • Blanca Valbuena

      September 14, 2017 at 10:18 am

      Thanks Matt! Glad you liked it. Lisbon is a city that can be quite affordable. I think that is why it is becoming so popular with expats.

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