Lisbon vs London on €70,000: take-home pay, rent and cost of living in 2026

On a gross salary of €70,000 a year, a single employee takes home €3,600 a month in Lisbon (62% of gross) and £3,732 a month in London on the equivalent £59,000 (76%), after income tax and social security contributions.

London is 79% more expensive than Lisbon overall (cost-of-living index 81.6 vs 45.6, New York = 100). A one-bedroom flat in the city centre rents for about £2,145 a month in London and €1,415 in Lisbon, which leaves £1,587 and €2,185 of take-home pay after rent. Keeping the same standard of living and saving 15% of your pay would cost about £4,621 a month in London: £889 a month more than this salary pays.

By category, groceries cost 40% more in London than in Lisbon, eating out 57% more and rent 85% more.

Lisbon London
Gross salary per year€70,000£59,000
Take-home pay per month€3,600£3,732
One-bedroom rent, city centre€1,415£2,145
Left after rent€2,185£1,587
Cost-of-living index (New York = 100)45.681.6

How each figure is taxed: Portugal tax calculator and United Kingdom tax calculator; prices: cost of living in Lisbon and in London. Single employee without children; rent and price data from Numbeo, refreshed monthly.

Questions about Lisbon vs London

Is London, United Kingdom more expensive than Lisbon, Portugal?

London, United Kingdom is 79% more expensive than Lisbon, Portugal overall. On a gross salary of €70,000 a year, you take home €3,600 a month in Lisbon, Portugal and £3,732 a month in London, United Kingdom after income tax and social contributions.

How much can I save living in London, United Kingdom vs Lisbon, Portugal?

Keeping the same standard of living as in Lisbon, Portugal and saving 15% of your pay would cost about £889 a month more than this salary leaves in London, United Kingdom, because of its 79% higher cost of living.

What taxes will I pay in United Kingdom vs Portugal?

On €70,000 gross a year you take home €3,600 a month in Portugal and £3,732 a month in United Kingdom. The calculation applies each country's 2026 income tax and social security rules for a single employee.