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Lisbon vs Valencia

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

Lisbon, PT vs Valencia, ES at a glance — Valencia, ES is 4% cheaper than Lisbon, PT overall. Median 1-bed rent runs about $1,000/mo versus $1,300/mo. Top income tax: 47% vs 48%.

$/ year

To keep the same standard of living in Valencia, ES, you'd need

$72,135 / year

Valencia, ES is 4% cheaper overall

Category breakdown (Valencia, ES vs Lisbon, PT)

  • Housing-11%
  • Food & groceries0%
  • Transport0%
  • Utilities0%
  • Healthcare+4%
  • Goods & services0%

◎ How Lisbon, PT and Valencia, ES compare

HousingFood & groceriesTransportUtilitiesHealthcareGoods & services
Lisbon, PTValencia, ES

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

▤ Full comparison

Lisbon, PTValencia, ES
Cost of living
Overall cost index9793
Housing118105
Food9292
Transport7070
Utilities100100
Healthcare7578
Goods & services9292
Housing
Rent, 1-bed centre$1,300/mo$1,000/mo
Rent, 1-bed outside$950/mo$750/mo
Rent, 3-bed centre$2,400/mo$1,900/mo
Buy price / m² centre$6,000$3,200
Money & purchasing power
$1,000 goes as far as$1,035$1,076
Inexpensive meal$12$12
Monthly transit pass$45$40
Taxes
Income tax (top rate)48%47%
VAT / sales tax23%21%
Social security (employee)—6.4%
Corporate tax21%25%
Capital gains28%28%
Economy & salaries
Avg net salary$1,300/mo$1,900/mo
Avg annual wage (OECD, PPP)$44,937✓$57,779✓
Minimum wage$1,244/mo✓$1,652/mo✓
GDP per capita$32,082✓$38,627✓
Inflation (annual)2.3%✓2.7%✓
Work & digital nomad
Digital-nomad visaYesYes
English proficiencyModerateModerate
Coworking spaces6040
Time zoneUTC+0UTC+1
Quality of life
Quality of life (overall)7577
Safety index6872
Healthcare index7680
Pollution index4035
Internet speed200 Mbps300 Mbps
Walkability8280
Public transport7874
Family-friendly6674
Tap waterSafe to drinkSafe to drink
Life expectancy82 yr✓84 yr✓
LGBTQ+ acceptanceHighHigh
Climate
January avg+11 °C+12 °C
July avg+23 °C+26 °C
Sunny days / year260300
Rainfall / year725 mm475 mm
Connectivity
Flight to nearest hub1 h1 h

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

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

Cost of living: Lisbon vs Valencia — in your currency

LisbonValencia
1-bed rent, city centre$1,300$1,000
1-bed rent, outside centre$950$750
Inexpensive meal$12$12
Monthly transit pass$45$40
Utilities (monthly)$120$105

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

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

Good to know before you move to Valencia

The paella-and-beaches value pick that keeps topping 'best city to live' lists — Mediterranean sun, a walkable centre and the Turia park, at rents well below Madrid or Barcelona.

Currency
Euro (€ EUR)
Languages
Spanish
Time zone
UTC+1
Internet
300 Mbps
English
Fairly common
Safety
72/100
Climate
❄ 12°C · ☀ 26°C · 300 sunny days/yr
Tap water
Safe to drink
Power
F · 230V
Driving
Right-hand side
Popular areas
Ruzafa · El Carmen · El Cabanyal · Eixample

? Frequently asked questions

Moving from Lisbon to Valencia: cheaper or more expensive?

Moving from Lisbon to Valencia, your cost of living will be roughly 4% cheaper. Valencia’s cost-of-living index is 93 versus 97 for Lisbon (US = 100). Use the salary tool above to see the income you’d need to keep the same lifestyle.

Is Lisbon cheaper than Valencia?

Valencia is about 4% cheaper than Lisbon overall — its cost-of-living index is 93 versus 97 for Lisbon.

Which is more expensive, Lisbon or Valencia?

Lisbon is more expensive than Valencia. Its cost-of-living index is 97 vs 93 (US = 100) — about 4% higher.

Is rent cheaper in Lisbon or Valencia?

Rent is cheaper in Valencia — about $1,000/month for a one-bedroom in the city centre, vs $1,300 in Lisbon.

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

To keep the same standard of living, a $75,000 salary in Lisbon is worth about $72,135 in Valencia. Enter your own figure in the calculator above.

Which has lower taxes, Lisbon or Valencia?

Spain has the lower top income-tax rate — 47% versus 48% in Portugal.

◷ More comparisons from Lisbon

How we calculate these figures →

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