Data last updated: August 2026

Miami, FLLisbon, Portugal

You would need around 34.6% less money in Lisbon, Portugal to maintain the same standard of living you have in Miami, FL.

Overall Cost of Living

34.6%

Lisbon, Portugal is cheaper than Miami, FL

1-Bed Rent (City Center)

City A2,820 USD
City B1,649 USD
Difference-41.5%

Groceries (Monthly)

City A307 USD
City B296 USD
Difference-3.6%

Average Net Salary

City A4,250 USD
City B1,605 USD
Difference-62.2%

Editorial Insight: Planning a move from Miami, FL to Lisbon, Portugal? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Lisbon, Portugal is 34.6% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Lisbon, Portugal's center costs around 1,649 USD, which is a staggering 41.5% less than in Miami, FL. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Miami, FL and Lisbon, Portugal is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Lisbon, Portugal to maintain your current lifestyle in Miami, FL.

USD

You need in Lisbon, Portugal

2,780 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Miami, FL to Lisbon, Portugal and investing the 35% cost of living difference, you could reach FIRE 5.2 years earlier.

Budget Simulator

Instantly adapt your Miami, FL budget to local Lisbon, Portugal prices. We automatically adjust housing, groceries, and leisure categories.

Housing1649 USD
Groceries296 USD
Utilities & Internet266 USD

Investment Planner

You save 1171 USD every month on rent alone by moving to Lisbon, Portugal.

Investing this rent difference in an S&P 500 index fund could grow to ~196,728 USD in 10 years.