Last update: Oct 2026

Cost of Living Comparison Between Icheon and Lisbon

For one person, living is cheaper in Icheon: $1,599 a month against $2,210 in Lisbon, rent and utilities included – about $7,300 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

77

Cost of Living Index in Icheon
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Icheon Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Icheon

🇰🇷 South Korea

$1,599

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

How much you'll spend in Icheon and in Lisbon

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 Lisbon actually costs, broken down by who's living it.

A single person spends $1,599 per month in Icheon vs $2,210 in Lisbon, rent included.

Icheon $1,599
Lisbon $2,210

A couple spends around $2,052 per month in Icheon vs $3,275 in Lisbon, rent included.

Icheon $2,052
Lisbon $3,275

A family of three spends $2,506 per month in Icheon vs $4,341 in Lisbon, rent included.

Icheon $2,506
Lisbon $4,341

Icheon is about 28% cheaper than Lisbon, and outside of rent the biggest gap is in eating out.

Both Icheon and Lisbon sit above the global median – Icheon by 17%, Lisbon by 62%.

Meal at Budget Restaurant

$6.24 ₩8,337

$16.65 €14.91

-62.52%

Three-Course Dinner for Two, Mid-Range

$49.61 ₩66.2K

$61.7 €55.3

-19.65%

Fast Food Meal (McDonalds, etc)

$6.65 ₩8,873

$11.36 €10.17

-41.46%

Cappuccino

$3.67 ₩4,894

$2.97 €2.66

23.57%

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

$1.33 ₩1,778

$2.29 €2.05

-41.92%

Water (0.33 liter bottle)

$1.18 ₩1,571

$1.74 €1.56

-32.18%

Local Beer (0.5 liter draught)

$3.86 ₩5,151

$3.40 €3.05

13.53%

Imported Beer (0.33 liter bottle)

$4.24 ₩5,655

$3.31 €2.96

28.10%

Milk (1 liter)

$2.29 ₩3,062

$1.16 €1.04

97.41%

White Bread (500g)

$3.19 ₩4,259

$1.91 €1.71

67.02%

Rice (white) (1kg)

$3.12 ₩4,161

$1.51 €1.35

106.62%

Eggs

$2.65 ₩3,543

$4.02 €3.60

-34.08%

Local Cheese (1kg)

$11.29 ₩15.1K

$12.94 €11.59

-12.75%

Chicken Fillets (1kg)

$10.73 ₩14.3K

$7.77 €6.96

38.10%

Beef Round Steak (1kg)

$25.00 ₩33.4K

$17.76 €15.91

40.77%

Apples (1kg)

$11.46 ₩15.3K

$2.30 €2.06

398.26%

Banana (1kg)

$3.59 ₩4,800

$1.73 €1.55

107.51%

Oranges (1kg)

$7.97 ₩10.6K

$1.86 €1.66

328.49%

Tomato (1kg)

$6.08 ₩8,121

$2.59 €2.32

134.75%

Potato (1kg)

$5.89 ₩7,864

$1.82 €1.63

223.63%

Onion (1kg)

$3.31 ₩4,413

$1.97 €1.76

68.02%

Lettuce (1 head)

$2.84 ₩3,793

$1.47 €1.32

93.20%

Water (1.5 liter bottle)

$1.34 ₩1,794

$0.72 €0.65

86.11%

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 ₩4,569

$6.58 €5.90

-48.02%

Wine (Bottle)

$18.77 ₩25.1K

$5.61 €5.02

234.58%

Local Beer (0.5 liter bottle)

$2.43 ₩3,242

$1.36 €1.22

78.68%

Imported Beer (0.33 liter bottle)

$3.45 ₩4,605

$2.14 €1.91

61.21%

One-way Ticket (Public Transport)

$1.10 ₩1,474

$2.33 €2.09

-52.79%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.01

Taxi Start (Normal Tariff)

$3.52 ₩4,698

$3.85 €3.45

-8.57%

Taxi (Normal Tariff) (1km)

$0.74 ₩984

$1.07 €0.96

-30.84%

Taxi 1hour Waiting (Normal Tariff)

$17.15 ₩22.9K

$16.46 €14.74

4.19%

Gasoline (1 liter)

$1.42 ₩1,898

$2.20 €1.97

-35.45%

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

$40.4K ₩53.9M

$34.2K €30.6K

18.08%

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

$33.6K ₩44.9M

$38.7K €34.7K

-13.20%

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

$205 ₩274.3K

$161 €144

27.45%

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

$36.50 ₩48.7K

$18.41 €16.49

98.26%

Internet (50+ Mbps, Unlimited Data)

$27.50 ₩36.7K

$32.74 €29.32

-16.00%

Gym Membership (Monthly)

$22.67 ₩30.3K

$44.55 €39.90

-49.11%

Tennis Court (1 Hour on Weekend)

$19.10 €17.10

Cinema Ticket

$11.46 ₩15.3K

$9.60 €8.60

19.38%

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

$631 ₩842.0K

$668 €598

-5.54%

International Primary School, 1 Child (Yearly)

$22.3K ₩29.8M

$17.6K €15.8K

26.71%

Jeans (Levis 501 Or Similar)

$107 ₩142.3K

$102 €91.4

4.44%

Summer Dress (H&M, Zara, etc)

$64.9 ₩86.6K

$44.46 €39.82

45.86%

Sport Shoes (Adidas, Nike)

$94.2 ₩125.7K

$98.5 €88.2

-4.40%

Men's Leather Business Shoes

$127 ₩169.3K

$124 €111

2.53%

1-bedroom Apartment, City Center (Monthly)

$763 ₩1.0M

$1,608 €1,440

-52.56%

1-bedroom Apartment, Outside City Center (Monthly)

$454 ₩606.0K

$1,190 €1,066

-61.86%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,519

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,803

Buy Apartment in City Center (m2)

$7,839 €7,021

Buy Apartment Outside City Center (m2)

$4,576 €4,098

Average Monthly Net Salary (After Tax)

$2,314 ₩3.1M

$1,575 €1,411

46.95%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.9

3.85

1.30%

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

Last update for Icheon: October 25, 2026

Last update for Lisbon: October 27, 2026

Monthly budget structure

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

Groceries & Markets

Icheon

$490 30.6%

Lisbon

$272 12.3% 44.4% $218

Accommodation & Living

Icheon

$454 28.4%

Lisbon

$1.2K 53.8% 162% $736

Monthly Utilities & Internet

Icheon

$269 16.9%

Lisbon

$212 9.6% 21.2% $57

Clothing & Footwear

Icheon

$177 11%

Lisbon

$166 7.5% 6% $11

Eating Out

Icheon

$152 9.5%

Lisbon

$243 11% 59.9% $91

Sport & Entertainment

Icheon

$46 2.9%

Lisbon

$64 2.9% 39.8% $18

Getting Around

Icheon

$12 * 0.7%

Lisbon

$63 2.9% 444% $52

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

Cost Breakdown

A central one-bedroom costs $763 in Icheon versus $1,608 in Lisbon. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 47% higher in Icheon, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $50 in Icheon versus $62 in Lisbon. Groceries tell a different story – $490 in Icheon vs $272 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Icheon

🇵🇹 Lisbon

🕒 Local time

18:39 6:39 PM

09:39 9:39 AM

9 h behind Icheon

🌤 Weather

👥 Population

213,059

545,923 Capital

💱 Currency

South Korean Won KRW ₩

Euro EUR €

📈 Exchange rate

10,000 KRW = 7.49 USD

10,000 KRW = 6.71 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of November 1, 2026: 1 USD = 1,335 KRW (10,000 KRW = 7.49 USD). 1 EUR = 1,491 KRW (10,000 KRW = 6.71 EUR).

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to KRW in detail →

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Between locations

Icheon Lisbon 10,470 km ≈ 14 h nonstop flight

From you

Icheon
Lisbon

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 Lisbon: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 38%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,398 per month in Icheon and $3,315 in Lisbon. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Icheon, especially for central apartments: a one-bedroom in the center costs $763 there versus $1,608 in Lisbon.

A mid-range dinner for two costs $50 in Icheon and $62 in Lisbon. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Interestingly, groceries are about 44% cheaper in Lisbon – one category where the pricier city actually offers better value.

$1,500 is a stretch for both – monthly costs hit $1,599 in Icheon and $2,210 in Lisbon. You’ll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Icheon – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.