Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Brussels

Belgium

COL index 69.8

vs
Lisbon

Portugal

COL index 71.2

Brussels vs Lisbon — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Brussels is 2.0% cheaper than Lisbon for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
Better for salary
BrusselsMetricLisbonΔ
69.8Cost of living index71.2+2.0%
€50,000Median gross salary€50,0000.0%
€27,156Net at €50,000 gross€32,496+19.7%
€1,480Rent — 1BR centre€1,450-2.0%
€2,192Monthly COL (single)€2,014-8.1%
€38,905PPP — net / COL€45,641+17.3%
45.7%Effective tax @ €50,00035.0%-23.4%
§ 02

Monthly expenses — paired

Brussels Lisbon
Rent — 1BR centre
Brussels
€1,480
Lisbon
€1,450
Groceries
Brussels
€360
Lisbon
€320
Utilities
Brussels
€182
Lisbon
€130
Transport
Brussels
€88
Lisbon
€40
Internet
Brussels
€42
Lisbon
€36
Gym
Brussels
€40
Lisbon
€38
§ 03

Salary equivalence

50,000 gross in Belgium = €2,263 net monthly.

To have the same purchasing power in Lisbon, you would need roughly €41,246 gross in Portugal (≈ €2,308 net monthly, adjusted for cost-of-living index).

€50,000
Brussels
€27,156
Net annual · 45.7% effective
PPP-adjusted equivalent
€38,905
Lisbon
€32,496
Net annual · 35.0% effective
PPP-adjusted equivalent
€45,641
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§ 04

Pros & cons

Brussels
  • Heavy tax burden (45.7%)
  • High rent-to-income ratio (65.4%)
Lisbon
  • +Lower rent (€1,450 vs €1,480)
  • High rent-to-income ratio (62.5%)
  • +14-month salary structure
§ 05

The verdict

Across the data, Lisbon delivers a higher take-home on a €50,000 gross salary; Brussels carries a lower cost-of-living index; Lisbon has the lighter effective tax burden; Lisbon wins on purchasing power after costs are netted out. If purchasing power is your north star, Lisbon edges it.

§ 06

Frequently asked

Is Brussels cheaper than Lisbon?+

Brussels is cheaper. Cost-of-living index: Brussels 69.8, Lisbon 71.2 — a 2.0% difference (Q1 2026).

What is the cost of living difference between Brussels and Lisbon?+

Brussels sits at 69.8 on our COL index, Lisbon at 71.2. That works out to roughly 2.0% — Brussels being the cheaper of the two.

Is Brussels a good place to live compared to Lisbon?+

It depends on priorities. Brussels delivers €27,156 net on a €50,000 gross salary at a 45.7% effective tax rate. Lisbon delivers €32,496 at 35.0%. Centre 1-bed rent: €1,480 vs €1,450.

How do salaries compare in Brussels vs Lisbon?+

On a €50,000 gross salary, take-home is €27,156/year (€2,263/month) in Brussels and €32,496/year (€2,321/month) in Lisbon.

Which city has lower taxes, Brussels or Lisbon?+

Portugal has the lower effective rate at €50,000: Belgium 45.7%, Portugal 35.0%.

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