HomePricePeek

Lisbon vs Phoenix

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Lisbon vs Phoenix

Lisbon is 8% more affordable for homebuyers. Lisbon has a price-to-income ratio of 12.5x compared to 5.5x in Phoenix.

MetricLisbonPhoenix
Avg Home Price$350,000$380,000
Price / sqm$5,800$3,800
Rent (1BR)$1,200/mo$1,300/mo
Rent (3BR)$2,000/mo$2,000/mo
Price-to-Income12.5x5.5x
Mortgage Rate3.5%6.8%
1yr Change+6.2%+2.8%
Median Income$28,000/yr$69,000/yr
Population550,0001,600,000
LisbonView full details โ†’PhoenixView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Lisbon or Phoenix more expensive?
Lisbon is more affordable. Home prices differ by $30,000 (8%).
Which city has cheaper rent, Lisbon or Phoenix?
Rent for a 1BR in Lisbon is $1,200/mo vs $1,300/mo in Phoenix.

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