Cost of Living Comparison Between Busan and Lisbon Cost of Living Comparison Between Busan and Lisbon

Monthly Cost of Living

Monthly costs for one person with rent: $1,583 in Busan versus $2,268 in Lisbon.

Estimated couple costs with rent: $2,484 in Busan versus $3,348 in Lisbon.

Monthly costs for a family of three with rent: $3,384 in Busan versus $4,429 in Lisbon.

Living in Busan costs roughly 30% less than in Lisbon, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Busan 15% above, Lisbon 64% above.

Meal at Budget Restaurant

$7.46 ₩10.0K

$17.55 €15.12

-57.49%

Three-Course Dinner for Two, Mid-Range

$48.48 ₩65.0K

$64.5 €55.6

-24.83%

Fast Food Meal (McDonalds, etc)

$6.79 ₩9,111

$11.65 €10.04

-41.72%

Cappuccino

$3.67 ₩4,923

$3.26 €2.81

12.58%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.79 ₩2,398

$2.49 €2.15

-28.11%

Water (0.33 liter bottle)

$1.43 ₩1,914

$1.67 €1.44

-14.37%

Local Beer (0.5 liter draught)

$3.73 ₩5,007

$3.47 €2.99

7.49%

Imported Beer (0.33 liter bottle)

$4.32 ₩5,794

$3.58 €3.08

20.67%

Milk (1 liter)

$2.26 ₩3,035

$1.18 €1.02

91.53%

White Bread (500g)

$3.21 ₩4,305

$1.95 €1.68

64.62%

Rice (white) (1kg)

$3.02 ₩4,055

$1.56 €1.35

93.59%

Eggs

$2.67 ₩3,577

$4.01 €3.46

-33.42%

Local Cheese (1kg)

$11.10 ₩14.9K

$13.27 €11.44

-16.35%

Chicken Fillets (1kg)

$10.24 ₩13.7K

$8.42 €7.26

21.62%

Beef Round Steak (1kg)

$25.22 ₩33.8K

$18.23 €15.72

38.34%

Apples (1kg)

$10.95 ₩14.7K

$2.32 €2.00

371.98%

Banana (1kg)

$3.69 ₩4,953

$1.73 €1.49

113.29%

Oranges (1kg)

$8.21 ₩11.0K

$1.93 €1.67

325.39%

Tomato (1kg)

$6.03 ₩8,091

$2.64 €2.27

128.41%

Potato (1kg)

$5.81 ₩7,795

$1.90 €1.64

205.79%

Onion (1kg)

$3.30 ₩4,423

$2.11 €1.82

56.40%

Lettuce (1 head)

$2.77 ₩3,713

$1.44 €1.24

92.36%

Water (1.5 liter bottle)

$1.33 ₩1,780

$0.80 €0.69

66.25%

Cigarettes 20 Pack (Marlboro, Camel)

$3.38 ₩4,529

$7.01 €6.04

-51.78%

Wine (Bottle)

$18.68 ₩25.0K

$5.92 €5.11

215.54%

Local Beer (0.5 liter bottle)

$2.36 ₩3,167

$1.36 €1.18

73.53%

Imported Beer (0.33 liter bottle)

$3.48 ₩4,666

$2.15 €1.85

61.86%

One-way Ticket (Public Transport)

$1.14 ₩1,526

$2.38 €2.05

-52.10%

Public Transport Monthly Pass (Regular Price)

$60.4 ₩81.0K

$46.22 €39.85

30.66%

Taxi Start (Normal Tariff)

$3.60 ₩4,831

$4.19 €3.61

-14.08%

Taxi (Normal Tariff) (1km)

$0.73 ₩978

$1.10 €0.95

-33.64%

Taxi 1hour Waiting (Normal Tariff)

$16.95 ₩22.7K

$17.26 €14.88

-1.80%

Gasoline (1 liter)

$1.34 ₩1,791

$2.25 €1.94

-40.44%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.5K ₩39.6M

$34.5K €29.7K

-14.28%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$32.9K ₩44.1M

$41.6K €35.9K

-20.94%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$203 ₩272.2K

$171 €147

18.80%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$36.96 ₩49.6K

$19.01 €16.38

94.42%

Internet (50+ Mbps, Unlimited Data)

$26.64 ₩35.7K

$34.28 €29.55

-22.29%

Gym Membership (Monthly)

$62.8 ₩84.2K

$49.65 €42.80

26.42%

Tennis Court (1 Hour on Weekend)

$10.08 ₩13.5K

$19.51 €16.81

-48.33%

Cinema Ticket

$12.12 ₩16.2K

$10.10 €8.71

20.00%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$635 ₩851.7K

$699 €603

-9.17%

International Primary School, 1 Child (Yearly)

$22.0K ₩29.5M

$17.8K €15.3K

23.69%

Jeans (Levis 501 Or Similar)

$106 ₩142.0K

$105 €90.2

1.26%

Summer Dress (H&M, Zara, etc)

$65.0 ₩87.1K

$47.97 €41.35

35.44%

Sport Shoes (Adidas, Nike)

$92.3 ₩123.7K

$102 €87.8

-9.43%

Men's Leather Business Shoes

$128 ₩171.1K

$128 €111

-0.55%

1-bedroom Apartment, City Center (Monthly)

$729 ₩977.2K

$1,661 €1,432

-56.14%

1-bedroom Apartment, Outside City Center (Monthly)

$368 ₩493.1K

$1,228 €1,059

-70.06%

3-bedroom Apartment, City Center (Monthly)

$1,334 ₩1.8M

$2,915 €2,513

-54.23%

3-bedroom Apartment, Outside City Center (Monthly)

$704 ₩944.5K

$2,023 €1,744

-65.19%

Buy Apartment in City Center (m2)

$9,949 ₩13.3M

$8,129 €7,007

22.39%

Buy Apartment Outside City Center (m2)

$6,382 ₩8.6M

$4,635 €3,996

37.68%

Average Monthly Net Salary (After Tax)

$2,802 ₩3.8M

$1,619 €1,396

73.02%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

3.78

11.64%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Busan: September 8, 2026

Last update for Lisbon: September 5, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $729 in Busan and $1,661 in Lisbon. Housing cost is often the main lever when comparing two cities.

Busan pays 73% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $48.00 in Busan vs $64.0 in Lisbon. Groceries flip the comparison at $485 vs $281, with Lisbon cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Busan vs Lisbon: Cost of Living - Frequently Asked Questions

Busan wins on cost – living expenses run 43% lower than in Lisbon. Housing and daily spending are where you'll feel the difference most, making Busan the obvious pick if budget is a priority.

Average pay runs 73% higher in Busan, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $729 in Busan versus $1,661 in Lisbon. Housing is usually the single largest factor when comparing overall living costs between the two.

A monthly transit pass in Busan runs roughly 31% less than in Lisbon. Both cities have functional networks, but the price difference matters if you're watching your budget.

Childcare runs $635 in Busan versus $699 in Lisbon. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

At $1,583 in Busan versus $2,268 in Lisbon, a $1,000 budget is realistic in Busan but tight or insufficient in Lisbon. The gap between the two cities makes Busan the clear choice for anyone on this budget.

Both work as nomad bases, but Busan delivers better value – similar infrastructure at $1,583 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Busan hard to pass up.

Safety-wise, Busan and Lisbon are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Busan gentler on the wallet – expenses run 43% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.