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

Chiang Mai

Thailand

COL index 28.4

vs
Lisbon

Portugal

COL index 71.2

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

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The verdict

Living in Chiang Mai is 60.1% 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 salaryBetter for cost
Chiang MaiMetricLisbonΔ
28.4Cost of living index71.2+150.7%
€50,000Median gross salary€50,0000.0%
€47,500Net at €50,000 gross€32,496-31.6%
€420Rent — 1BR centre€1,450+245.2%
€701Monthly COL (single)€2,014+187.3%
€167,254PPP — net / COL€45,641-72.7%
5.0%Effective tax @ €50,00035.0%+600.2%
§ 02

Monthly expenses — paired

Chiang Mai Lisbon
Rent — 1BR centre
Chiang Mai
€420
Lisbon
€1,450
Groceries
Chiang Mai
€158
Lisbon
€320
Utilities
Chiang Mai
€82
Lisbon
€130
Transport
Chiang Mai
€14
Lisbon
€40
Internet
Chiang Mai
€12
Lisbon
€36
Gym
Chiang Mai
€15
Lisbon
€38
§ 03

Salary equivalence

50,000 gross in Thailand = €3,958 net monthly.

To have the same purchasing power in Lisbon, you would need roughly €234,542 gross in Portugal (≈ €9,924 net monthly, adjusted for cost-of-living index).

€50,000
Chiang Mai
€47,500
Net annual · 5.0% effective
PPP-adjusted equivalent
€167,254
Lisbon
€32,496
Net annual · 35.0% effective
PPP-adjusted equivalent
€45,641
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§ 04

Pros & cons

Chiang Mai
  • +Significantly cheaper rent (€420)
  • +Low overall cost of living (index 28)
  • +Favourable tax rate (5.0%)
Lisbon
  • High rent-to-income ratio (62.5%)
  • +14-month salary structure
§ 05

The verdict

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

§ 06

Frequently asked

Is Chiang Mai cheaper than Lisbon?+

Chiang Mai is cheaper. Cost-of-living index: Chiang Mai 28.4, Lisbon 71.2 — a 60.1% difference (Q1 2026).

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

Chiang Mai sits at 28.4 on our COL index, Lisbon at 71.2. That works out to roughly 60.1% — Chiang Mai being the cheaper of the two.

Is Chiang Mai a good place to live compared to Lisbon?+

It depends on priorities. Chiang Mai delivers €47,500 net on a €50,000 gross salary at a 5.0% effective tax rate. Lisbon delivers €32,496 at 35.0%. Centre 1-bed rent: €420 vs €1,450.

How do salaries compare in Chiang Mai vs Lisbon?+

On a €50,000 gross salary, take-home is €47,500/year (€3,958/month) in Chiang Mai and €32,496/year (€2,321/month) in Lisbon.

Which city has lower taxes, Chiang Mai or Lisbon?+

Thailand has the lower effective rate at €50,000: Thailand 5.0%, Portugal 35.0%.

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