Lisbon · Portugal

How Much Does Lisbon Cost? 2026 Budget Guide | Prices & Tips

Lisbon is a sun-drenched coastal capital where Atlantic breezes meet centuries of maritime history. While it remains one of Western Europe’s more affordable capitals, prices have risen as its popularity as a premier waterfront destination has grown. Visitors should anticipate a daily budget range of $88 / €75 for solo travelers up to $847 / €720 for those seeking high-end luxury at the water's edge. The cost landscape is defined by its hilly terrain, historic riverfront districts like Belém, and a unique blend of traditional seafood taverns and modern terrace bars. Navigating the city effectively requires a mix of historic tram rides and scenic walking routes along the Tagus River.

Is Lisbon expensive to visit?

Lisbon is a moderately affordable coastal city—expect to spend between $88–$282 / €75–€240 per day depending on whether you prefer hostel dorms or mid-range hotels.

Currency: Euro (EUR) (1 € ≈ 1.18 $)
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Daily Budget

How much to budget per person per day in Lisbon

Budget

$88

per person /day

Mid-Range

$282

per person /day

Luxury

$847

per person /day

Trip Costs by Duration

Total estimated costs per person, excluding flights

Trip Costs by Duration Budget Mid-Range Luxury
3-Day Trip $265 $847 $2,542
5-Day Trip $441 $1,412 $4,237
7-Day Trip $618 $1,977 $5,932

per person — Excludes international flights

Budget Buffer

Recommended contingency for unexpected expenses

It is wise to set aside a 15% buffer to cover the Lisbon Municipal Tourist Tax, which can total ~$33 / €28 for longer stays, and incidental 'couvert' charges. This also provides flexibility for spontaneous river activities like a Tagus River Sunset Sailing Cruise.

How Does It Compare?

See how Lisbon stacks up against other popular destinations

Madrid Lisbon is generally 15-20% cheaper than Madrid, particularly regarding daily meals and the $88 / €75 solo budget compared to Madrid's typical $112 / €95 minimum.
Rome Lisbon offers significantly better value for accommodation; a mid-range hotel here at $194 / €165 is often higher quality than a similarly priced room in central Rome.

What Things Cost

Real prices for common tourist expenses in Lisbon

Food & Drink (4)
Item Price
Pastel de Belém (Single) Available for takeaway or table service. Expect a queue, but it moves fast. $1.53 €1.3
Draft Beer (Imperial - 0.2L) A small beer (Imperial) is usually ~$1.77–$2.94 / €1.5–€2.5. Larger pints are ~$3.53–$5.89 / €3–€5. $2.94 €2.5
Espresso (Bica) at a Café A standard 'Bica' (espresso) costs ~$0.94–$1.41 / €0.8–€1.2 when standing at the bar. $1.29 €1.1
Street Food Bifana The classic pork sandwich, usually served with mustard and piri-piri oil. $5.3 €4.5
Transport (5)
Item Price
Carris/Metro Single Ticket Requires a reusable Navegante occasional card which costs ~$0.59 / €0.5. $2.24 €1.9
24-Hour Public Transport Pass This is the best value if you plan to take at least 4 trips or use the historic trams and Santa Justa Lift. $8.53 €7.25
Airport Taxi to City Centre There is a surcharge for luggage and traveling after 21:00. Always ask for a receipt. $26 €23
Historic Tram 28 (On-board Ticket) Buying from the driver is almost double the price of using a pre-loaded Navegante card (~$2.02 / €1.72) or a 24h pass. $3.65 €3.1
Santa Justa Lift (On-board Ticket) The 24h network pass covers this, making it a 'free' ride for pass holders. $7.06 €6
Accommodation (3)
Item Price
Budget Hostel Dorm Bed (Alfama/Chiado) Prices spike significantly during summer months and major festivals. Book 2–3 months ahead for popular spots like Home Lisbon Hostel. $45 €39
Mid-Range Hotel Double Room Look for hotels near Avenida da Liberdade for modern amenities or Alfama for a traditional atmosphere. $194 €165
Luxury 5-Star Hotel Room Includes properties like the Four Seasons Ritz or Olissippo Lapa Palace. Service is exceptional but often comes with high incidental costs. $565 €480
Activities (2)
Item Price
Jerónimos Monastery Entry Book online to avoid massive queues. Prices for non-residents are fixed at this higher tier. $21 €18
São Jorge Castle Entry Price includes the archaeological site and camera obscura. Discounts for youth (13–25) at ~$8.83 / €7.5. $18 €15

Food & Dining

What to eat and what it costs

The dining scene is centered around fresh Atlantic seafood and iconic pastries, with a single Pastel de Belém costing just $1.53 / €1.3. Budget-conscious travelers can find hearty street food like the pork bifana for $5.3 / €4.5, while a small draft beer (Imperial) typically ranges from $1.77–$2.94 / €1.5–€2.5 at local cafes.

Cheap Eats

Where locals eat — real places, real prices

Casa das Bifanas

$4.12–$9.42 / €3.5–€8

Praça da Figueira · Local chain

Grab a bifana and a small beer (imperial) for a quick lunch under ~$7.06 / €6.

O Trevo

$4.71–$12 / €4–€10

Praça Luís de Camões · Street food area

This was Anthony Bourdain's favorite bifana spot; eat at the bar to save on the terrace fee.

A Ginjinha Espinheira

$1.88–$2.35 / €1.6–€2

Rossio · Local chain

Ask for 'com elas' to get the ginja cherries in the glass.

Padaria Portuguesa

$7.65–$14 / €6.5–€12

Multiple locations · Local chain

The most reliable place for a quick, high-quality breakfast or light lunch.

Mercado da Ribeira (Budget Stalls)

$9.42–$21 / €8–€18

Cais do Sodré · Food court

Avoid peak hours (20:00–22:00) when it becomes nearly impossible to find a seat.

Belém Tower (Tower of Saint Vincent) historic fortress and old gateway to Lisbon on Tagus River, Portugal

Getting Around

Transport costs and the smartest ways to move

Navigating the hills is best done via the public network, where a 24-hour pass for $8.53 / €7.25 offers the best value, covering trams and the Santa Justa Lift. Single metro tickets are $2.24 / €1.9, but those opting for a taxi from the airport to the city center should expect to pay around $26 / €23.

Carris/Metro Single Ticket $2.24 €1.9
24-Hour Public Transport Pass $8.53 €7.25
Airport Taxi to City Centre $26 €23
Historic Tram 28 (On-board Ticket) $3.65 €3.1
Santa Justa Lift (On-board Ticket) $7.06 €6

Accommodation Overview

Accommodation prices fluctuate significantly by season, with budget hostel beds in historic Alfama averaging $45 / €39. Mid-range hotel rooms typically cost $194 / €165, while luxury waterfront or heritage properties like the Four Seasons Ritz reach upwards of $565 / €480 per night.

Budget Hostel Dorm Bed (Alfama/Chiado) $45 €39
Mid-Range Hotel Double Room $194 €165
Luxury 5-Star Hotel Room $565 €480

Accommodation Budget in Lisbon

Budget

$46 /night
Typical Range: $41 – $53

Hostels, budget hotels, shared facilities

Most Popular

Mid-Range

$108 /night
Typical Range: $94 – $124

3-star hotels, boutique stays, great locations

Luxury

$220 /night
Typical Range: $188 – $253

5-star hotels, suites, premium amenities

💡 Prices vary by season. Book 2-3 months ahead for best rates.

Where to Stay

See hotels, apartments & rentals around Lisbon – live prices from Booking.com, Expedia, Vrbo and more

Money-Saving Tips

Insider tricks to stretch your budget further

  • 1 Use a pre-loaded Navegante card for Tram 28 to pay ~$2.02 / €1.72 instead of the $3.65 / €3.1 on-board cash fare.
  • 2 Buy the $8.53 / €7.25 24-hour public transport pass to ride the Santa Justa Lift for free instead of paying the $7.06 / €6 individual ticket.
  • 3 Avoid blue and yellow Euronet ATMs to save on the $4.71–$5.89 / €4–€5 transaction fees; use local Multibanco (MB) machines instead.
  • 4 Refuse the 'couvert' of bread and olives brought to the table to save $2.35–$7.06 / €2–€6 on your restaurant bill.
  • 5 Drink your 'Bica' (espresso) standing at the bar for $1.29 / €1.1 to avoid the terrace surcharge of up to $0.82 / €0.7.
  • 6 Book Jerónimos Monastery tickets online for $21 / €18 to skip the lengthy on-site queues.
  • 7 Look for 'Prato do Dia' (lunch specials) at local spots like O Trevo for significant savings over dinner menus.
  • 8 Take the train from Cais do Sodré to Cascais for an affordable beach day rather than booking private coastal transfers.
  • 9 Youth travelers (13–25) should present ID at São Jorge Castle to secure a discounted entry of ~$8.83 / €7.5.
  • 10 Fill water bottles at the city's many public 'chafariz' (fountains) to avoid the high cost of bottled water in tourist areas.

Hidden Costs

Surprise expenses that catch tourists off guard

Hidden Costs
Item Amount
Lisbon Municipal Tourist Tax Charged per person over 13 years old, up to a maximum of 7 consecutive nights (~$33 / €28 max). $4.71 / €4/night
Restaurant Couvert (Bread & Olives) The snacks brought to your table aren't free. If you eat them, you pay. Typically costs ~$2.35–$7.06 / €2–€6 total. $5.89 / €5/transaction
ATM Withdrawal Fee (Euronet) Avoid blue and yellow Euronet ATMs which charge high fees (~$4.71–$5.89 / €4–€5) and poor exchange rates. Use Multibanco (MB) instead. $5.83 / €4.95/transaction
Terrace Surcharge (Taxa de Esplanada) Drinking your coffee on the outdoor terrace often costs ~$0.35–$0.82 / €0.3–€0.7 more than standing at the bar. $0.59 / €0.5/item

Common Scams & Ripoffs

Watch out for these tourist traps

  • The 'Fake Herb' Sellers: Men in Baixa and Rossio often approach tourists offering 'hashish' or 'marijuana' which is actually just compressed laurel or kitchen herbs.
  • The Seafood Bait-and-Switch: Some restaurants near Rua Augusta display seafood without weights or prices; always ask for the price per kilo to avoid a $118+ / €100+ surprise bill.
  • The Unregulated Airport Taxi: Some drivers may try to quote a flat $59 / €50 fee to the center; insist on the meter or use a ride-sharing app to ensure the standard $26 / €23 fare.
  • Fake Charity Petitions: Individuals around Belém or Baixa may ask for signatures and a 'mandatory' donation for a non-existent deaf or disabled charity.

Seasonal Pricing

When prices rise and fall throughout the year

Peak Season

Jun, Jul, Aug, Sep, Dec

+30-50%

Cheapest

Jan, Feb, Nov

-25-40%

Best Value

Apr, May, Oct

Spring (April–May) offers the best balance with temperatures around 18–22°C (64–72°F) and moderate hotel prices.

Events to Watch

  • Web Summit (November): Hotels can spike +200%
  • Santo António Festivals (mid-June): Alfama is packed and expensive
Lisbon city skyline with historic São Jorge Castle on hilltop overlooking colorful buildings, Portugal

Free Things to Do

The best experiences that cost absolutely nothing

  • 1 Take in the city's highest view at Miradouro da Senhora do Monte for $0.
  • 2 Watch the sunset over the Tagus River from the Miradouro de Santa Catarina.
  • 3 Explore the industrial-chic LX Factory in Alcântara, free to enter and wander.
  • 4 Visit the historic Feira da Ladra flea market in Alfama on Tuesday or Saturday mornings.
  • 5 Wander through the tropical greenery and duck ponds of Jardim da Estrela.
  • 6 Admire the scorched interior of the Church of São Domingos, a relic of the 1755 earthquake.
  • 7 Stroll the waterfront promenade in Belém from the 25 de Abril Bridge to the tower.
  • 8 Visit the Money Museum (Museu do Dinheiro) housed in a former church in Baixa for free.
  • 9 Photograph the vibrant 'Pink Street' (Rua Nova do Carvalho) in Cais do Sodré.
  • 10 Walk through the Parque das Nações to see the contemporary architecture and water gardens.
  • 11 Enter the Basilica da Estrela to admire the marble work (climbing the dome has a fee).
  • 12 Enjoy the panoramic vista of the red rooftops from Miradouro das Portas do Sol.

Worth the Splurge

Premium experiences that justify the price tag

Fado Dinner & Show at Clube de Fado

It is the most authentic way to experience Lisbon's soul-stirring traditional music in an atmospheric setting.

$88 €75

Tagus River Sunset Sailing Cruise

Seeing the city's hills and the Belém Tower from the water as the sun sets is an unforgettable perspective.

$53 €45

Tasting Menu at Michelin-Starred Alma

Chef Henrique Sá Pessoa offers a world-class interpretation of Portuguese flavors that justifies the premium.

$247 €210

Popular Activities

Top-rated tours and experiences in Lisbon

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Day Trip Costs

Popular day trips from Lisbon and what they cost

Sintra (Pena Palace & Regaleira)

Getting Around

$5.65 / €4.8 by train

Entry

$38 / €32

Total Cost

$77 / €65

Cascais & Boca do Inferno

Getting Around

$5.65 / €4.8 by train

Entry

Free

Total Cost

$59 / €50

Payment & Money

How to pay and what to know about money

Currency

Euro (EUR)

1 € ≈ 1.18 $

Cash Needed

Yes

Card Acceptance

High in shops and hotels; some small 'tascas' and market stalls remain cash-only.

Tipping

5–10% in restaurants is generous but not required; rounding up to the nearest ~$5.89 / €5 is standard. Leave ~$1.18–$2.35 / €1–€2 for hotel cleaning.

ATM Tips

Always use 'Multibanco' (MB) branded ATMs for zero or low fees. Choose 'Continue without conversion' to let your own bank handle the rate.

Connectivity

eSIM: $12–$19 for 10-20GB (opens in new tab)

Local SIM: $24 / €20 for 30GB (Vodafone/NOS)

WiFi: Excellent in most hotels, cafés, and major public squares like Rossio.

Airalo's 10GB plan for ~$12 / €10 is the most convenient; for heavy data, buy a local Vodafone SIM at the airport for ~$24 / €20.

Iconic yellow tram on cobblestone street with colorful houses and flower balconies at Bica Elevator in Chiado district, Lisbon, Portugal

Why you can trust this guide

Headshot of Jan Křenek, founder of GoTripzi
Jan Křenek

35+ countries • 8 years analyzing travel data

Independent developer and travel data analyst based in Prague. 35+ countries visited across Europe and Asia, 8+ years analyzing flight routes, accommodation prices, and seasonal weather patterns.

Methodology:
  • All neighborhoods verified by walking them
  • Curated locations based on walkability & safety
  • Real-time availability via live partner maps
  • Prices based on Booking.com & Numbeo averages

Methodology: This guide combines on-the-ground neighborhood research, current hotel pricing data, and real traveler feedback to provide honest, actionable accommodation recommendations for Lisbon.

Updated: February 16, 2026

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Frequently Asked Questions

Is Lisbon expensive to visit?
Lisbon is a moderately affordable coastal city—expect to spend between $88–$282 / €75–€240 per day depending on whether you prefer hostel dorms or mid-range hotels.
How much does Lisbon cost per day?
A trip to Lisbon costs $88 / €75 per day on a budget, $282 / €240 for mid-range, and $847 / €720 for luxury. These include accommodation, food, transport, and activities per person.
How much does a trip to Lisbon cost?
A 7-day trip to Lisbon costs approximately $618 / €525 (budget), $1,977 / €1,680 (mid-range), or $5,932 / €5,040 (luxury) per person, excluding flights.
What is the cheapest month to visit Lisbon?
The cheapest months to visit Lisbon are January, February, November, with prices -25-40% lower than peak season. Spring (April–May) offers the best balance with temperatures around 18–22°C (64–72°F) and moderate hotel prices.
What are the hidden costs in Lisbon?
Common hidden costs in Lisbon include Lisbon Municipal Tourist Tax ($4.71 / €4/night), Restaurant Couvert (Bread & Olives), ATM Withdrawal Fee (Euronet). It is wise to set aside a 15% buffer to cover the Lisbon Municipal Tourist Tax, which can total ~$33 / €28 for longer stays, and incidental 'couvert' charges. This also provides flexibility for spontaneous river activities like a Tagus River Sunset Sailing Cruise.
How can I save money in Lisbon?
Top tips for saving money in Lisbon: Use a pre-loaded Navegante card for Tram 28 to pay ~$2.02 / €1.72 instead of the $3.65 / €3.1 on-board cash fare. Buy the $8.53 / €7.25 24-hour public transport pass to ride the Santa Justa Lift for free instead of paying the $7.06 / €6 individual ticket. Avoid blue and yellow Euronet ATMs to save on the $4.71–$5.89 / €4–€5 transaction fees; use local Multibanco (MB) machines instead.