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

Dublin

Ireland

COL index 78.4

vs
Lisbon

Portugal

COL index 71.2

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

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The verdict

Living in Lisbon is 9.2% cheaper than Dublin for the same lifestyle.

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

§ 01

Side-by-side stats

Better for salary
Better for cost
DublinMetricLisbonΔ
78.4Cost of living index71.2-9.2%
€50,000Median gross salary€50,0000.0%
€37,200Net at €50,000 gross€32,496-12.6%
€2,280Rent — 1BR centre€1,450-36.4%
€3,107Monthly COL (single)€2,014-35.2%
€47,449PPP — net / COL€45,641-3.8%
25.6%Effective tax @ €50,00035.0%+36.7%
§ 02

Monthly expenses — paired

Dublin Lisbon
Rent — 1BR centre
Dublin
€2,280
Lisbon
€1,450
Groceries
Dublin
€390
Lisbon
€320
Utilities
Dublin
€195
Lisbon
€130
Transport
Dublin
€140
Lisbon
€40
Internet
Dublin
€52
Lisbon
€36
Gym
Dublin
€50
Lisbon
€38
§ 03

Salary equivalence

50,000 gross in Ireland = €3,100 net monthly.

To have the same purchasing power in Lisbon, you would need roughly €52,614 gross in Portugal (≈ €2,815 net monthly, adjusted for cost-of-living index).

€50,000
Dublin
€37,200
Net annual · 25.6% effective
PPP-adjusted equivalent
€47,449
Lisbon
€32,496
Net annual · 35.0% effective
PPP-adjusted equivalent
€45,641
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§ 04

Pros & cons

Dublin
  • High cost of living (index 78)
  • High rent-to-income ratio (73.5%)
Lisbon
  • +Significantly cheaper rent (€1,450)
  • High rent-to-income ratio (62.5%)
  • +14-month salary structure
§ 05

The verdict

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

§ 06

Frequently asked

Is Dublin cheaper than Lisbon?+

Lisbon is cheaper. Cost-of-living index: Dublin 78.4, Lisbon 71.2 — a 9.2% difference (Q1 2026).

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

Dublin sits at 78.4 on our COL index, Lisbon at 71.2. That works out to roughly 9.2% — Lisbon being the cheaper of the two.

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

It depends on priorities. Dublin delivers €37,200 net on a €50,000 gross salary at a 25.6% effective tax rate. Lisbon delivers €32,496 at 35.0%. Centre 1-bed rent: €2,280 vs €1,450.

How do salaries compare in Dublin vs Lisbon?+

On a €50,000 gross salary, take-home is €37,200/year (€3,100/month) in Dublin and €32,496/year (€2,321/month) in Lisbon.

Which city has lower taxes, Dublin or Lisbon?+

Ireland has the lower effective rate at €50,000: Ireland 25.6%, Portugal 35.0%.

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