Cost of Living & Salary Comparison 2026
Yes, Lisbon is 55% cheaper than Tokyo based on our cost of living index. Lisbon has a COLI of 34.7, while Tokyo has a COLI of 77.3. 55% cheaper
Overall, Lisbon is approximately 55% cheaper than Tokyo based on our cost of living index. Lisbon has a COLI of 34.7 (ranked #72 of 182 cities), while Tokyo has a COLI of 77.3 (ranked #16).
When it comes to housing, one-bedroom apartment rent in Lisbon averages $1,000/month compared to $1,500/month in Tokyo. That makes Lisbon approximately 33% cheaper for rent alone.
Both cities have similar total deduction rates of approximately 30.7% (income tax + social security + local taxes). When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.
Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.
Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.
If you earn €63,592 in Lisbon, you would need approximately ¥25,881,517 in Tokyo to maintain the same purchasing power. That is 55% more due to higher cost of living.
Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:
| Job Title | Lisbon (EUR) | Tokyo (JPY) |
|---|---|---|
| Doctor (General) | €52,959 | ¥21,554,127 |
| Software Engineer | €25,009 | ¥10,178,338 |
| Product Manager | €29,422 | ¥11,974,515 |
| Lawyer | €29,422 | ¥11,974,515 |
| Data Scientist | €27,951 | ¥11,375,789 |
| Marketing Manager | €21,184 | ¥8,621,651 |
| Teacher | €14,122 | ¥5,747,767 |
| Nurse | €17,065 | ¥6,945,219 |
Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.
| Neighborhood | Multiplier |
|---|---|
| Chiado | 1.28x (+28%) |
| Príncipe Real | 1.25x (+25%) |
| Bairro Alto | 1.15x (+15%) |
| Estrela / Lapa | 1.12x (+12%) |
| Alfama | 1.10x (+10%) |
| Neighborhood | Multiplier |
|---|---|
| Chiyoda (Marunouchi) | 1.35x (+35%) |
| Azabu | 1.35x (+35%) |
| Minato (Roppongi) | 1.30x (+30%) |
| Daikanyama | 1.28x (+28%) |
| Shibuya | 1.25x (+25%) |
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Open Salary ConverterTokyo is more expensive overall. Lisbon has a COLI of 34.7 while Tokyo has a COLI of 77.3, making Lisbon approximately 55% cheaper.
To maintain the same standard of living as €63,592 in Lisbon, you would need approximately ¥25,881,517 in Tokyo.
Average one-bedroom rent in Lisbon is $1,000/month compared to $1,500/month in Tokyo. Lisbon has lower rent by approximately 33%.
Both cities have similar total deduction rates of approximately 30.7% (income tax + social security + local taxes).
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.