Last update: Oct 2026

Cost of Living Comparison Between Incheon and Dhaka

For one person, living is cheaper in Dhaka: $406 a month against $1,373 in Incheon, rent and utilities included – about $11,600 less a year. Rent and utilities account for about half of the difference.

67

Cost of Living Index in Incheon
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Incheon Living Index
20

Cost of Living Index in Dhaka
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Dhaka Living Index

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Incheon

🇰🇷 South Korea

$1,373

/mo nomad

Dhaka

🇧🇩 Bangladesh

$406

/mo nomad

Monthly Cost of Living

How much you'll spend in Incheon 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 Incheon and in Dhaka actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,373 in Incheon versus $406 in Dhaka.

Incheon $1,373
Dhaka $406

Estimated couple costs with rent: $2,106 in Incheon versus $687 in Dhaka.

Incheon $2,106
Dhaka $687

Monthly costs for a family of three with rent: $2,839 in Incheon versus $969 in Dhaka.

Incheon $2,839
Dhaka $969

Living in Incheon is roughly 238% more expensive than in Dhaka, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Incheon is 2% above, Dhaka is 70% below.

Meal at Budget Restaurant

$5.92 ₩7,874

$2.28 ৳282

159.65%

Three-Course Dinner for Two, Mid-Range

$34.73 ₩46.2K

$12.33 ৳1,523

181.67%

Fast Food Meal (McDonalds, etc)

$6.55 ₩8,703

$3.95 ৳488

65.82%

Local Non-Alcoholic Beer (0.5 liter draught)

$4.48 ৳554

Imported Non-Alcoholic Beer (0.33 liter bottle)

$4.13 ৳510

Cappuccino

$3.75 ₩4,988

$2.28 ৳281

64.47%

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

$1.61 ₩2,147

$0.33 ৳40.88

387.88%

Water (0.33 liter bottle)

$0.64 ₩851

$0.16 ৳19.86

300.00%

Local Beer (0.5 liter draught)

$3.42 ₩4,544

Imported Beer (0.33 liter bottle)

$4.63 ₩6,162

Milk (1 liter)

$2.04 ₩2,715

$0.85 ৳104

140.00%

White Bread (500g)

$3.13 ₩4,160

$0.60 ৳74.5

421.67%

Rice (white) (1kg)

$2.34 ₩3,109

$0.69 ৳85.4

239.13%

Eggs

$3.33 ₩4,427

$1.23 ৳152

170.73%

Local Cheese (1kg)

$15.51 ₩20.6K

$8.80 ৳1,087

76.25%

Chicken Fillets (1kg)

$7.88 ₩10.5K

$3.33 ৳412

136.64%

Beef Round Steak (1kg)

$11.06 ₩14.7K

$6.63 ৳819

66.82%

Apples (1kg)

$7.84 ₩10.4K

$2.85 ৳352

175.09%

Banana (1kg)

$3.16 ₩4,206

$0.90 ৳111

251.11%

Oranges (1kg)

$5.66 ₩7,529

$2.34 ৳289

141.88%

Tomato (1kg)

$6.38 ₩8,481

$0.63 ৳78.4

912.70%

Potato (1kg)

$3.45 ₩4,585

$0.24 ৳29.59

1337.50%

Onion (1kg)

$2.42 ₩3,213

$0.46 ৳57.3

426.09%

Lettuce (1 head)

$2.08 ₩2,768

$0.35 ৳42.79

494.29%

Water (1.5 liter bottle)

$1.15 ₩1,528

$0.28 ৳34.24

310.71%

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)

$3.47 ₩4,609

$3.28 ৳405

5.79%

Wine (Bottle)

$18.82 ₩25.0K

Local Beer (0.5 liter bottle)

$2.20 ₩2,931

Imported Beer (0.33 liter bottle)

$3.24 ₩4,306

One-way Ticket (Public Transport)

$1.06 ₩1,412

$0.42 ৳52.3

152.38%

Public Transport Monthly Pass (Regular Price)

$24.53 ₩32.6K

$22.43 ৳2,772

9.36%

Taxi Start (Normal Tariff)

$3.57 ₩4,752

$1.19 ৳147

200.00%

Taxi (Normal Tariff) (1km)

$0.64 ₩852

$0.39 ৳48.71

64.10%

Taxi 1hour Waiting (Normal Tariff)

$9.24 ₩12.3K

$3.28 ৳406

181.71%

Gasoline (1 liter)

$1.40 ₩1,860

$1.10 ৳136

27.27%

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

$29.0K ₩38.6M

$29.4K ৳3.6M

-1.44%

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

$28.6K ₩38.0M

$32.2K ৳4.0M

-11.21%

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

$209 ₩277.2K

$38.28 ৳4,729

444.67%

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

$35.24 ₩46.9K

$4.09 ৳506

761.61%

Internet (50+ Mbps, Unlimited Data)

$20.80 ₩27.7K

$9.02 ৳1,114

130.60%

Gym Membership (Monthly)

$33.40 ₩44.4K

$13.66 ৳1,688

144.51%

Tennis Court (1 Hour on Weekend)

$38.21 ₩50.8K

$10.21 ৳1,261

274.24%

Cinema Ticket

$11.26 ₩15.0K

$4.11 ৳508

173.97%

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

$295 ₩392.8K

$90.7 ৳11.2K

225.59%

International Primary School, 1 Child (Yearly)

$18.2K ₩24.1M

$2,591 ৳320.2K

600.76%

Jeans (Levis 501 Or Similar)

$57.1 ₩76.0K

$17.06 ৳2,108

234.88%

Summer Dress (H&M, Zara, etc)

$32.82 ₩43.6K

$21.38 ৳2,641

53.51%

Sport Shoes (Adidas, Nike)

$69.5 ₩92.4K

$51.4 ৳6,355

35.12%

Men's Leather Business Shoes

$84.3 ₩112.1K

$36.78 ৳4,545

129.15%

1-bedroom Apartment, City Center (Monthly)

$611 ₩812.1K

$133 ৳16.4K

359.20%

1-bedroom Apartment, Outside City Center (Monthly)

$361 ₩480.1K

$65.1 ৳8,041

454.84%

3-bedroom Apartment, City Center (Monthly)

$1,275 ₩1.7M

$377 ৳46.6K

237.95%

3-bedroom Apartment, Outside City Center (Monthly)

$693 ₩921.3K

$192 ৳23.8K

260.03%

Buy Apartment in City Center (m2)

$6,723 ₩8.9M

$1,621 ৳200.3K

314.63%

Buy Apartment Outside City Center (m2)

$5,498 ₩7.3M

$760 ৳93.9K

623.51%

Average Monthly Net Salary (After Tax)

$2,411 ₩3.2M

$246 ৳30.4K

879.93%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.08

10.48

-61.07%

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

Last update for Incheon: 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

Incheon

$399 29%

Dhaka

$124 30.5% 69% $275

Accommodation & Living

Incheon

$361 26.3%

Dhaka

$65 16% 82% $296

Monthly Utilities & Internet

Incheon

$265 19.3%

Dhaka

$51 12.7% 80.6% $213

Eating Out

Incheon

$147 10.7%

Dhaka

$59 14.6% 59.7% $88

Clothing & Footwear

Incheon

$110 8%

Dhaka

$57 14.1% 48% $53

Sport & Entertainment

Incheon

$56 4.1%

Dhaka

$22 5.4% 60.9% $34

Getting Around

Incheon

$36 2.6%

Dhaka

$27 6.7% 23.3% $8.3

Cost Breakdown

A one-bedroom apartment in the center runs $611 in Incheon and $133 in Dhaka. Housing cost is often the main lever when comparing two cities.

Incheon pays 880% 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: $35.00 in Incheon vs $12.00 in Dhaka for a mid-range dinner for two. Groceries echo the gap at $399 vs $124 per month, with Dhaka cheaper across the board.

Good to know

🇰🇷 Incheon

🇧🇩 Dhaka

🕒 Local time

09:48 9:48 AM

06:48 6:48 AM

3 h behind Incheon

🌤 Weather

👥 Population

2,870,545

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 18, 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 18, 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 →

On the map

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Between locations

Incheon Dhaka 3,760 km ≈ 5 h nonstop flight

From you

Incheon
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

Incheon vs Dhaka: Cost of Living - Frequently Asked Questions

Dhaka is cheaper overall, especially in groceries, eating out, and clothing. The 238% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 880% higher in Incheon, 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: $611 in Incheon versus $133 in Dhaka. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $1,373 per month in Incheon versus $406 in Dhaka – a 238% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Dhaka runs roughly 9% less than in Incheon. Both cities have functional networks, but the price difference matters if you're watching your budget.

At $406 in Dhaka versus $1,373 in Incheon, a $1,500 budget is realistic in Dhaka but tight or insufficient in Incheon. 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, Incheon 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 238% less than in Incheon. Beyond cost, consider language, visa policies, and how big the international community is in each city.