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Lisbon vs Madeira cost of living 2026
Which is cheaper, what exactly is cheaper, and how it feels on your money · Updated September 2026
🇵🇹 Lisbon
🇵🇹 MadeiraMadeira is 9% cheaper than Lisbon
Living on $4,855 a month in Lisbon feels like about $4,375 in Madeira — same standard of living, compared by feel rather than exchange rate.
Per day
$237 vs $219
Per month
$4,855 vs $4,375
Local meal
€ 11 vs € 12
$12.8 vs $14
Taxi 5 km
€ 6.5 vs € 10
$7.56 vs $11.6
At a glance
FoodLisbon 5% cheaper
Cafés & drinksMadeira 19% cheaper
TransportLisbon 20% cheaper
StayMadeira 26% cheaper
FunLisbon 9% cheaper
- Where Madeira is clearly cheaper: Studio rent (month) (31%↓), Coffee (25%↓), Hotel night (21%↓)
- Where Lisbon is clearly cheaper: Taxi (35%↓), Bottled water (17%↓), Convenience store (17%↓)
Item by item
| Item | Lisbon | Madeira | Cheaper |
|---|---|---|---|
| Local mealper person | € 11$12.8 | € 12$14 | Lisbon −8% |
| Street food1 item | € 5$5.81 | € 5.4$6.28 | Lisbon −7% |
| Restaurant dinnerper person | € 25$29.1 | € 25$29.1 | similar |
| Coffeeone cup | € 2$2.33 | € 1.5$1.74 | Madeira −25% |
| Beerone bottle | € 3$3.49 | € 2.5$2.91 | Madeira −17% |
| Cocktail & wineone cup | € 7.8$9.07 | € 6.5$7.56 | Madeira −17% |
| Bottled water | € 1$1.16 | € 1.2$1.4 | Lisbon −17% |
| Convenience store1 snack or drink | € 2.5$2.91 | € 3$3.49 | Lisbon −17% |
| Taxi5 km in town | € 6.5$7.56 | € 10$11.6 | Lisbon −35% |
| Tuk-tuk / moto taxishort hop | € 6$6.98 | € 6.5$7.56 | Lisbon −8% |
| Transitone ride | € 1.8$2.09 | € 2$2.33 | Lisbon −10% |
| Scooter rentalper day | € 26$30.2 | € 30$34.9 | Lisbon −13% |
| Hotel night3-star | € 120$140 | € 95$110 | Madeira −21% |
| Studio rent (month) | € 1,300$1,512 | € 900$1,047 | Madeira −31% |
| Laundry | € 2.5$2.91 | € 3$3.49 | Lisbon −17% |
| SIM card1 week data | € 10$11.6 | € 10$11.6 | similar |
| Haircutcut | € 14$16.3 | € 16$18.6 | Lisbon −12% |
| Massage1 hour | € 39$45.3 | € 45$52.3 | Lisbon −13% |
| Half-day tourper person | € 39$45.3 | € 45$52.3 | Lisbon −13% |
| Entry ticketTourist town | € 10$11.6 | € 10$11.6 | similar |
Reference prices start as estimates from published price levels; items with 3+ traveler reports use the median of real reports. Hostels and local eateries cut both by 30%+.
FAQ
Which is cheaper, Lisbon or Madeira?
Madeira is 9% cheaper than Lisbon. Daily budget $237 vs $219; a month $4,855 vs $4,375.
How do monthly costs compare between Lisbon and Madeira?
With a short-term studio and living costs, Lisbon is about $4,855 and Madeira about $4,375 per month.
Where do the numbers come from?
They start as estimates informed by published price levels; any item with 3+ traveler reports switches to the median of real reports. Live reports are in the app.