Is Madrid more expensive than Lisbon?

Madrid is 4.2% more expensive than Lisbon overall. Rent is 4.2% lower, groceries 12.2% more expensive, and restaurants 8.8% more expensive.

Which city has better purchasing power, Lisbon or Madrid?

Lisbon has a purchasing power index of 65.5 while Madrid has 101.7 (NYC = 100). Madrid offers better purchasing power.

Lisbon vs Madrid: Madrid is 4.2% more expensive, rent 4% lower (2026)

Category	🇵🇹 Lisbon	🇪🇸 Madrid	Difference
Cost of Living	45.6	47.5	+4.2%
Rent	35.3	33.8	-4.2%
Groceries	50.8	57.0	+12.2%
Restaurants	59.4	64.6	+8.8%
Purchasing Power	65.5	101.7	+55.3%

Data from March – October 2026 · Cost of living: Numbeo, blended with Expatistan and LivingCost where available. Rent, groceries, restaurants and purchasing power: Numbeo (NYC = 100) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇵🇹 Cost of Living in Lisbon

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🇪🇸 Cost of Living in Madrid

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🇵🇹 Should I Move to Lisbon?

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