Lisbon has a lot to offer its citizens, such as easy access to beaches, mouthwatering dining choices, and a well-known culture, but its moderate living cost stands out from other European cities. Lisbon’s standard of living is undoubtedly better than London’s and Amsterdam’s because it has an equivalent number of facilities and a roughly 40 percent cheaper living cost.
Your living expenses rely on your lifestyle and circumstances, but Lisbon is generally an inexpensive place to reside in. In this article,we will cover the average cost of living as well as the accommodation and services provided to digital nomads, including furnished rentals in Lisbon.
Living Cost of a Digital Nomad
Lisbon is more economical than most European locations regarding the annual expenditure for a digital nomad, depending on the way of life. A collaborative place will likely cost you a minimum of €100 every month, and monthly conveyance permits are roughly €50. The cost of lodging also varies, but a common dormitory room starts at €15 per night or €450 per month.
A separate room in a lodging will run you about €1,200 per month, and an exclusive Airbnb will set you back at most €1,500 per month. If you possess an accessible kitchen, you can decide to prepare your meals, and foodstuffs are approximately €200 each month. Set aside at least €1,000 per month if you want to dine out thrice daily. You will require a minimum of €200 monthly to experience the town’s galleries, parties, pubs, and other attractions. Thus, the expense of residing in Lisbon for a freelancer can be approximately €1,000 to €3,000 if you want to spend.
Digital Nomad in Lisbon: Cheap Places to Stay
Your money, schedule, and daily life will all significantly determine where you should reside in Lisbon as a remote worker. Are you seeking solitude? Do you intend to remain longer or merely a few days? We’ll review your choices now:
Hostels for Digital Nomads
A hostel is frequently a top option for digital expats seeking to interact while residing securely. Ideally, you have all the required facilities, like a common kitchen and a specific working area. If you don’t have much to spend, you can reserve a bed in a communal dorm that will generally expense you approximately €15 for one night.
You can reserve a hotel room for as little as €40 per night if discretion is necessary. The desire to share a restroom will arise frequently, but not every time.
Below are a few of our top picks for digital commuters in Lisbon:
Yes! Lisbon Hotel
This student hostel in Chiado in the city’s center was named the finest “Hostel in the World” in 2019. The city’s finest areas, including Bairro Alto and Alfama, are near you. The hostel has every detail you need, including a common place for mingling, round-the-clock security and registration, cleaning services, and a PlayStation and literature swap program.
Selena Secret Garden
This hostel additionally features a pool, terrace balcony, expert co-working area, and cinema lounge. They also offer monthly programs that include yoga, meditation, and Portuguese classes.
Urban Garden Hostel
This hostel aims to reduce its environmental impact via “green initiatives,” making it Lisbon’s earliest eco-hostel. The place runs a robust conservation program and uses reused paper goods only. It also has multifaceted flush bathrooms.
Short-Term Apartment Leases
Many apartments are available in Lisbon for short-term rentals and are fairly affordable if you plan to remain within one to six months. Although lovely flats are available in Lisbon, Airbnb is primarily used for more immediate accommodations. However, if you reside for longer than a month, some landlords give you a price reduction.
Other sites, nevertheless, place more of an emphasis on short-term apartment leases. For extended visits between one and six months, consider Flatio and Housing Anywhere. These typically have more affordable prices.
Renting an Apartment for More Than 6 Months
If you plan to reside for no less than six months, you can lease an apartment from an owner. Owners typically won’t hire you for a residence for a shorter period than six months, but your willingness to make payments will determine this. Seeking six-month housing can also be challenging, but it is doable.
Conclusion
So now you have learned that living on a budget in Lisbon is not so difficult. Lisbon’s living expense is undoubtedly higher than other Portuguese towns but still lower than that of places like Amsterdam and London.
So, it is unsurprising that Lisbon is a favorite among digital nomads, given the city’s delectable cuisine, excellent lodging options, the abundance of co-working places, and entertaining activities.
