Last update: Oct 2026

Cost of Living Comparison Between Icheon and Dhaka

For one person, living is cheaper in Dhaka: $406 a month against $1,595 in Icheon, rent and utilities included – about $14,300 less a year. Rent and utilities account for about half of the difference.

77

Cost of Living Index in Icheon
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Icheon Living Index
20

Cost of Living Index in Dhaka
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Dhaka Living Index

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Icheon

🇰🇷 South Korea

$1,595

/mo nomad

Dhaka

🇧🇩 Bangladesh

$406

/mo nomad

Monthly Cost of Living

How much you'll spend in Icheon and in Dhaka

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Icheon and in Dhaka actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,595 in Icheon versus $406 in Dhaka.

Icheon $1,595
Dhaka $406

Estimated couple costs with rent: $2,043 in Icheon versus $687 in Dhaka.

Icheon $2,043
Dhaka $687

Monthly costs for a family of three with rent: $2,491 in Icheon versus $969 in Dhaka.

Icheon $2,491
Dhaka $969

Living in Icheon is roughly 293% more expensive than in Dhaka, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Icheon is 18% above, Dhaka is 70% below.

Meal at Budget Restaurant

$6.20 ₩8,238

$2.28 ৳282

171.93%

Three-Course Dinner for Two, Mid-Range

$48.38 ₩64.3K

$12.33 ৳1,523

292.38%

Fast Food Meal (McDonalds, etc)

$6.62 ₩8,804

$3.95 ৳488

67.59%

Local Non-Alcoholic Beer (0.5 liter draught)

$4.48 ৳554

Imported Non-Alcoholic Beer (0.33 liter bottle)

$4.13 ৳510

Cappuccino

$3.70 ₩4,924

$2.28 ৳281

62.28%

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

$1.33 ₩1,774

$0.33 ৳40.88

303.03%

Water (0.33 liter bottle)

$1.17 ₩1,553

$0.16 ৳19.86

631.25%

Local Beer (0.5 liter draught)

$3.80 ₩5,052

Imported Beer (0.33 liter bottle)

$4.22 ₩5,607

Milk (1 liter)

$2.23 ₩2,970

$0.85 ৳104

162.35%

White Bread (500g)

$3.27 ₩4,346

$0.60 ৳74.5

445.00%

Rice (white) (1kg)

$3.21 ₩4,263

$0.69 ৳85.4

365.22%

Eggs

$2.74 ₩3,650

$1.23 ৳152

122.76%

Local Cheese (1kg)

$10.97 ₩14.6K

$8.80 ৳1,087

24.66%

Chicken Fillets (1kg)

$10.56 ₩14.0K

$3.33 ৳412

217.12%

Beef Round Steak (1kg)

$25.36 ₩33.7K

$6.63 ৳819

282.50%

Apples (1kg)

$11.33 ₩15.1K

$2.85 ৳352

297.54%

Banana (1kg)

$3.56 ₩4,731

$0.90 ৳111

295.56%

Oranges (1kg)

$8.13 ₩10.8K

$2.34 ৳289

247.44%

Tomato (1kg)

$5.90 ₩7,849

$0.63 ৳78.4

836.51%

Potato (1kg)

$6.05 ₩8,043

$0.24 ৳29.59

2420.83%

Onion (1kg)

$3.38 ₩4,489

$0.46 ৳57.3

634.78%

Lettuce (1 head)

$2.74 ₩3,647

$0.35 ৳42.79

682.86%

Water (1.5 liter bottle)

$1.28 ₩1,701

$0.28 ৳34.24

357.14%

Bottle of Non-Alcoholic Wine (Mid-Range)

$12.11 ৳1,496

Local Non-Alcoholic Beer (0.5 liter bottle)

$5.31 ৳656

Imported Non-Alcoholic Beer (0.33 liter bottle)

$6.42 ৳794

Cigarettes 20 Pack (Marlboro, Camel)

$3.29 ₩4,378

$3.28 ৳405

0.30%

Wine (Bottle)

$18.65 ₩24.8K

Local Beer (0.5 liter bottle)

$2.44 ₩3,245

Imported Beer (0.33 liter bottle)

$3.42 ₩4,546

One-way Ticket (Public Transport)

$1.10 ₩1,466

$0.42 ৳52.3

161.90%

Public Transport Monthly Pass (Regular Price)

$22.43 ৳2,772

Taxi Start (Normal Tariff)

$3.64 ₩4,836

$1.19 ৳147

205.88%

Taxi (Normal Tariff) (1km)

$0.77 ₩1,028

$0.39 ৳48.71

97.44%

Taxi 1hour Waiting (Normal Tariff)

$16.77 ₩22.3K

$3.28 ৳406

411.28%

Gasoline (1 liter)

$1.37 ₩1,821

$1.10 ৳136

24.55%

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

$29.9K ₩39.8M

$29.4K ৳3.6M

1.68%

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

$33.4K ₩44.4M

$32.2K ৳4.0M

3.84%

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

$200 ₩265.3K

$38.28 ৳4,729

421.24%

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

$36.02 ₩47.9K

$4.09 ৳506

780.68%

Internet (50+ Mbps, Unlimited Data)

$27.21 ₩36.2K

$9.02 ৳1,114

201.66%

Gym Membership (Monthly)

$22.45 ₩29.8K

$13.66 ৳1,688

64.35%

Tennis Court (1 Hour on Weekend)

$10.21 ৳1,261

Cinema Ticket

$11.28 ₩15.0K

$4.11 ৳508

174.45%

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

$642 ₩853.2K

$90.7 ৳11.2K

607.16%

International Primary School, 1 Child (Yearly)

$22.1K ₩29.4M

$2,591 ৳320.2K

753.28%

Jeans (Levis 501 Or Similar)

$106 ₩141.3K

$17.06 ৳2,108

522.74%

Summer Dress (H&M, Zara, etc)

$65.5 ₩87.1K

$21.38 ৳2,641

206.22%

Sport Shoes (Adidas, Nike)

$93.9 ₩124.8K

$51.4 ৳6,355

82.52%

Men's Leather Business Shoes

$129 ₩171.6K

$36.78 ৳4,545

250.82%

1-bedroom Apartment, City Center (Monthly)

$748 ₩994.5K

$133 ৳16.4K

462.35%

1-bedroom Apartment, Outside City Center (Monthly)

$459 ₩609.7K

$65.1 ৳8,041

604.67%

3-bedroom Apartment, City Center (Monthly)

$377 ৳46.6K

3-bedroom Apartment, Outside City Center (Monthly)

$192 ৳23.8K

Buy Apartment in City Center (m2)

$1,621 ৳200.3K

Buy Apartment Outside City Center (m2)

$760 ৳93.9K

Average Monthly Net Salary (After Tax)

$2,317 ₩3.1M

$246 ৳30.4K

841.69%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.9

10.48

-62.79%

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

Last update for Icheon: October 11, 2026

Last update for Dhaka: October 10, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Groceries & Markets

Icheon

$488 30.6%

Dhaka

$124 30.5% 74.7% $365

Accommodation & Living

Icheon

$459 28.8%

Dhaka

$65 16% 85.8% $394

Monthly Utilities & Internet

Icheon

$263 16.5%

Dhaka

$51 12.7% 80.4% $211

Clothing & Footwear

Icheon

$178 11.1%

Dhaka

$57 14.1% 67.9% $121

Eating Out

Icheon

$151 9.5%

Dhaka

$59 14.6% 60.7% $92

Sport & Entertainment

Icheon

$45 2.8%

Dhaka

$22 5.4% 51.4% $23

Getting Around

Icheon

$12 * 0.8%

Dhaka

$27 6.7% 129% $15

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $748 in Icheon and $133 in Dhaka. Housing cost is often the main lever when comparing two cities.

Icheon pays 842% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $48.00 in Icheon vs $12.00 in Dhaka for a mid-range dinner for two. Groceries echo the gap at $488 vs $124 per month, with Dhaka cheaper across the board.

Good to know

🇰🇷 Icheon

🇧🇩 Dhaka

🕒 Local time

04:29 4:29 AM

01:29 1:29 AM

3 h behind Icheon

🌤 Weather

👥 Population

213,059

21,741,000 Capital

💱 Currency

South Korean Won KRW ₩

Bangladeshi Taka BDT ৳

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1,000 BDT = 8.09 USD

1,000 BDT = 7.2 EUR

Exchange rates and currency converter

BDT, USD, EUR to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 17, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Bangladeshi Taka exchange rates as of October 17, 2026: 1 USD = 124 BDT (1,000 BDT = 8.09 USD). 1 EUR = 139 BDT (1,000 BDT = 7.2 EUR).

USD to KRW in detail →

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Between locations

Icheon Dhaka 3,820 km ≈ 5 h nonstop flight

From you

Icheon
Dhaka

Distances are measured in a straight line. Your location is detected approximately.

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

Icheon vs Dhaka: Cost of Living - Frequently Asked Questions

Dhaka is cheaper overall, especially in groceries, clothing, and eating out. The 293% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 842% higher in Icheon, 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: $748 in Icheon versus $133 in Dhaka. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $642 in Icheon versus $90.7 in Dhaka. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Dhaka – a meal for two runs $12.00 versus $48.00 in Icheon. If you eat out regularly, this makes a real dent in your monthly spending.

At $406 in Dhaka versus $1,595 in Icheon, a $1,500 budget is realistic in Dhaka but tight or insufficient in Icheon. The gap between the two cities makes Dhaka the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Icheon and Dhaka 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 Dhaka gentler on the wallet – expenses run 293% less than in Icheon. Beyond cost, consider language, visa policies, and how big the international community is in each city.