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

Lisbon

Portugal

COL index 71.2

vs
Zurich

Switzerland

COL index 101.4

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

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The verdict

Living in Lisbon is 29.8% cheaper than Zurich 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
LisbonMetricZurichΔ
71.2Cost of living index101.4+42.4%
€50,000Median gross salary€50,0000.0%
€32,496Net at €50,000 gross€44,757+37.7%
€1,450Rent — 1BR centre€2,980+105.5%
€2,014Monthly COL (single)€4,108+104.0%
€45,641PPP — net / COL€44,139-3.3%
35.0%Effective tax @ €50,00010.5%-70.0%
§ 02

Monthly expenses — paired

Lisbon Zurich
Rent — 1BR centre
Lisbon
€1,450
Zurich
€2,980
Groceries
Lisbon
€320
Zurich
€560
Utilities
Lisbon
€130
Zurich
€290
Transport
Lisbon
€40
Zurich
€148
Internet
Lisbon
€36
Zurich
€62
Gym
Lisbon
€38
Zurich
€68
§ 03

Salary equivalence

50,000 gross in Portugal = €2,321 net monthly.

To have the same purchasing power in Zurich, you would need roughly €51,788 gross in Switzerland (≈ €3,857 net monthly, adjusted for cost-of-living index).

€50,000
Lisbon
€32,496
Net annual · 35.0% effective
PPP-adjusted equivalent
€45,641
Zurich
€44,757
Net annual · 10.5% effective
PPP-adjusted equivalent
€44,139
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§ 04

Pros & cons

Lisbon
  • +Significantly cheaper rent (€1,450)
  • High rent-to-income ratio (62.5%)
  • +14-month salary structure
Zurich
  • High cost of living (index 101)
  • +Favourable tax rate (10.5%)
  • High rent-to-income ratio (79.9%)
§ 05

The verdict

Across the data, Zurich delivers a higher take-home on a €50,000 gross salary; Lisbon carries a lower cost-of-living index; Zurich 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 Lisbon cheaper than Zurich?+

Lisbon is cheaper. Cost-of-living index: Lisbon 71.2, Zurich 101.4 — a 29.8% difference (Q1 2026).

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

Lisbon sits at 71.2 on our COL index, Zurich at 101.4. That works out to roughly 29.8% — Lisbon being the cheaper of the two.

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

It depends on priorities. Lisbon delivers €32,496 net on a €50,000 gross salary at a 35.0% effective tax rate. Zurich delivers €44,757 at 10.5%. Centre 1-bed rent: €1,450 vs €2,980.

How do salaries compare in Lisbon vs Zurich?+

On a €50,000 gross salary, take-home is €32,496/year (€2,321/month) in Lisbon and €44,757/year (€3,730/month) in Zurich.

Which city has lower taxes, Lisbon or Zurich?+

Switzerland has the lower effective rate at €50,000: Portugal 35.0%, Switzerland 10.5%.

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