Cost of Living Lisbon
Just like other countries that joined the European Union in 1986, the cost of living in Portugal has been increasing yearly. The Euro is the country’s currency. Lisbon is not considered an expensive city when it’s compared to Paris or London, but it’s not the best place to find a bargain, especially when it comes to hotel accommodations and restaurants. Seafood, cheese and local wine are still a value and meat prices are moderate. Clothing prices are still cheaper here than in the UK. Flea markets and street vendors sell inexpensive goods because the quality is questionable. The unemployment rate is still around 8% and the GDP per capita has stabilized.