Lisbon costs €50–75/day on a tight budget, €130–200 mid-range, and €400+ for luxury. Here's the complete spending guide for Portugal's sun-drenched capital.
Lisbon is one of Western Europe's most affordable capitals — a pastel de nata costs €1.10, a glass of house wine at a traditional tasca is €1.50, and a prego (steak sandwich) at a local café runs €4–7. Mid-range travellers can eat and drink as well as almost anywhere in Europe for a fraction of the cost.
Lisbon's famous Tram 28 has €3.35 OV-card fares — but tourists sometimes pay €3.35 cash on board. The cheaper hack: buy a Viva Viagem card (€0.50) and load a 24h Carris/Metro pass (€6.80), which covers unlimited tram, bus, and metro travel all day. The 28 tram is a genuine route (not a tourist train) so standing room only during peak hours.
Is Lisbon more expensive than it used to be?
Yes — Lisbon has seen significant tourism-driven price inflation since 2018, particularly for accommodation. However, food and drink remain excellent value by Western European standards. Restaurants 2–3 streets back from tourist sites charge 30–50% less for the same quality. Avoid the waterfront (Ribeira) restaurants unless you're happy to pay tourist-zone prices.
What is the best area to stay in Lisbon for budget travellers?
Mouraria, Intendente, and Arroios offer the best combination of affordability, authenticity, and transport access. These neighbourhoods are up-and-coming rather than gentrified and have excellent local restaurants. Alfama is atmospheric but accommodation there is expensive for its quality. Bairro Alto has great nightlife access.
Book a pre-arranged transfer in Lisbon
Fixed price · no meter disputes · book in advance
Affiliate links — we may earn a small commission at no extra cost to you.
Go prepared — know the fair price before you land
Check real taxi fares and local tipping customs for Lisbon — so you never overpay on your first ride or leave an awkward tip.