Cancún VS Lisbon

Cost of Living & Salary Comparison 2026

Cancún
Mexico
35.8
COLI Index
#71
Global Rank
MXN
Currency
Lisbon
Portugal
34.7
COLI Index
#72
Global Rank
EUR
Currency

Key Differences

Cost of Living
35.8
34.7
1BR Rent (USD/mo)
$600
$1,000
Total Deductions
20.1%
30.7%
Exchange Rate
1 MXN = 0.0500 EUR
Is Cancún cheaper than Lisbon?

Yes, Lisbon is 3% cheaper than Cancún based on our cost of living index. Lisbon has a COLI of 34.7, while Cancún has a COLI of 35.8. 3% cheaper

Key Takeaways: Cancún vs Lisbon

Overall, Lisbon is approximately 3% cheaper than Cancún based on our cost of living index. Cancún has a COLI of 35.8 (ranked #71 of 182 cities), while Lisbon has a COLI of 34.7 (ranked #72).

When it comes to housing, one-bedroom apartment rent in Cancún averages $600/month compared to $1,000/month in Lisbon. That makes Cancún approximately 40% cheaper for rent alone.

Cancún has lower total deductions (20.1%) compared to Lisbon (30.7%), meaning you keep more of your gross salary in Cancún. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Cancún

Income Tax
17%
IMSS
2.8%
Total: 20.1%Take-Home: MX$363,384/yr

Lisbon

Income Tax
20%
Social Security
11.0%
Total: 30.7%Take-Home: €15,293/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn MX$1,270,708 in Cancún, you would need approximately €61,638 in Lisbon to maintain the same purchasing power. That is 3% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Cancún (MXN) Lisbon (EUR)
Doctor (General) MX$1,091,792 €52,959
Software Engineer MX$515,569 €25,009
Product Manager MX$606,551 €29,422
Lawyer MX$606,551 €29,422
Data Scientist MX$576,224 €27,951
Marketing Manager MX$436,717 €21,184
Teacher MX$291,145 €14,122
Nurse MX$351,800 €17,065

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Cancún (Top 5)

NeighborhoodMultiplier
Zona Hotelera1.35x (+35%)
Puerto Cancún1.28x (+28%)
Playa Mujeres1.22x (+22%)
Isla Mujeres1.15x (+15%)
Punta Sam1.08x (+8%)

Lisbon (Top 5)

NeighborhoodMultiplier
Chiado1.28x (+28%)
Príncipe Real1.25x (+25%)
Bairro Alto1.15x (+15%)
Estrela / Lapa1.12x (+12%)
Alfama1.10x (+10%)

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Frequently Asked Questions

Is Cancún or Lisbon more expensive?

Cancún is more expensive overall. Cancún has a COLI of 35.8 while Lisbon has a COLI of 34.7, making Lisbon approximately 3% cheaper.

What salary in Lisbon equals MX$1,270,708 in Cancún?

To maintain the same standard of living as MX$1,270,708 in Cancún, you would need approximately €61,638 in Lisbon.

Is rent cheaper in Cancún or Lisbon?

Average one-bedroom rent in Cancún is $600/month compared to $1,000/month in Lisbon. Cancún has lower rent by approximately 40%.

Which city has lower taxes, Cancún or Lisbon?

Cancún has lower total deductions (20.1%) compared to Lisbon (30.7%), meaning you keep more of your gross salary in Cancún.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.