CostTrek

✦ Compare

Chicago vs Lisbon

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

Chicago, IL vs Lisbon, PT at a glance — Lisbon, PT is 6% cheaper than Chicago, IL overall. Median 1-bed rent runs about $1,300/mo versus $1,900/mo. Top income tax: 48% vs 37%.

$/ year

To keep the same standard of living in Lisbon, PT, you'd need

$70,532 / year

Lisbon, PT is 6% cheaper overall

Category breakdown (Lisbon, PT vs Chicago, IL)

  • Housing+2%
  • Food & groceries-3%
  • Transport-31%
  • Utilities+11%
  • Healthcare-23%
  • Goods & services-6%

◎ How Chicago, IL and Lisbon, PT compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Chicago, ILLisbon, PT

Index vs the US average — the line marks 100. Lower is cheaper.

▤ Full comparison

Chicago, ILLisbon, PT
Cost of living
Overall cost index10397
Housing116118
Food9592
Transport10170
Utilities90100
Healthcare9875
Goods & services9892
Housing
Rent, 1-bed centre$1,900/mo$1,300/mo
Rent, 1-bed outside$1,450/mo$950/mo
Rent, 3-bed centre$3,600/mo$2,400/mo
Buy price / m² centre$5,500$6,000
Money & purchasing power
$1,000 goes as far as$973$1,035
Inexpensive meal$18$12
Monthly transit pass$105$45
Taxes
Income tax (top rate)37%48%
VAT / sales tax0%23%
Social security (employee)7.7%—
Corporate tax21%21%
Capital gains20%28%
Economy & salaries
Avg net salary$4,300/mo$1,300/mo
Minimum wage$1,257/mo✓$1,244/mo✓
GDP per capita$90,027✓$32,082✓
Inflation (annual)—2.3%✓
Work & digital nomad
Digital-nomad visaNoYes
English proficiencyNativeModerate
Coworking spaces9060
Time zoneUTC-6UTC+0
Quality of life
Quality of life (overall)6675
Safety index4868
Healthcare index8076
Pollution index4540
Internet speed200 Mbps200 Mbps
Walkability7882
Public transport7878
Family-friendly6066
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo—
Life expectancy79 yr✓82 yr✓
LGBTQ+ acceptanceHighHigh
Climate
January avg-4 °C+11 °C
July avg+24 °C+23 °C
Sunny days / year189260
Rainfall / year950 mm725 mm
Connectivity
Flight to nearest hub1 h1 h

Taxes & Economy & salaries: United States vs Portugal. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

✓ = official statistics (US DOL (federal), Eurostat 2026, World Bank 2025, World Bank 2024). Unmarked figures are CostTrek estimates. How we calculate these figures →

Cost of living: Chicago vs Lisbon — in your currency

ChicagoLisbon
1-bed rent, city centre$1,900$1,300
1-bed rent, outside centre$1,450$950
Inexpensive meal$18$12
Monthly transit pass$105$45
Utilities (monthly)$170$120

Converted from USD at approximate rates (2026-09).

Good to know before you move to Chicago

Big-city amenities and architecture at Midwest prices — the winters, though, are famously brutal.

Currency
US dollar ($ USD)
Languages
English
Time zone
UTC-6
Internet
200 Mbps
English
Native language
Safety
48/100
Climate
❄ -4°C · ☀ 24°C · 189 sunny days/yr
Tap water
Safe to drink
Power
A/B · 120V
Driving
Right-hand side
Popular areas
Loop · Wicker Park · Lincoln Park

Good to know before you move to Lisbon

Sunny, hilly and the poster child for the digital-nomad wave — locals feel priced out as rents climb.

Currency
Euro (€ EUR)
Languages
Portuguese
Time zone
UTC+0
Internet
200 Mbps
English
Fairly common
Safety
68/100
Climate
❄ 11°C · ☀ 23°C · 260 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Alfama · Príncipe Real · Alcântara

? Frequently asked questions

Moving from Chicago to Lisbon: cheaper or more expensive?

Moving from Chicago to Lisbon, your cost of living will be roughly 6% cheaper. Lisbon’s cost-of-living index is 97 versus 103 for Chicago (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Chicago cheaper than Lisbon?

Lisbon is about 6% cheaper than Chicago overall — its cost-of-living index is 97 versus 103 for Chicago.

Which is more expensive, Chicago or Lisbon?

Chicago is more expensive than Lisbon. Its cost-of-living index is 103 vs 97 (US = 100) — about 6% higher.

Is rent cheaper in Chicago or Lisbon?

Rent is cheaper in Lisbon — about $1,300/month for a one-bedroom in the city centre, vs $1,900 in Chicago.

How much do you need to earn in Lisbon to live like in Chicago?

To keep the same standard of living, a $75,000 salary in Chicago is worth about $70,532 in Lisbon. Enter your own figure in the calculator above.

Which has lower taxes, Chicago or Lisbon?

United States has the lower top income-tax rate — 37% versus 48% in Portugal.

◷ More comparisons from Chicago

How we calculate these figures →

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.