Last update: Oct 2026

Cost of Living Comparison Between Incheon and Lisbon

For one person, living is cheaper in Incheon: $1,376 a month against $2,210 in Lisbon, rent and utilities included – about $10,000 less a year. Rent and utilities account for most of the difference.

66

Cost of Living Index in Incheon
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Incheon Living Index
107

Cost of Living Index in Lisbon
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Lisbon Living Index

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Incheon

🇰🇷 South Korea

$1,376

/mo nomad

Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Monthly Cost of Living

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

A single person spends $1,376 per month in Incheon vs $2,210 in Lisbon, rent included.

Incheon $1,376
Lisbon $2,210

A couple spends around $2,124 per month in Incheon vs $3,275 in Lisbon, rent included.

Incheon $2,124
Lisbon $3,275

A family of three spends $2,873 per month in Incheon vs $4,341 in Lisbon, rent included.

Incheon $2,873
Lisbon $4,341

Incheon is about 38% cheaper than Lisbon, and outside of rent the biggest gap is in eating out.

Meal at Budget Restaurant

$6.17 ₩8,290

$16.65 €14.95

-62.94%

Three-Course Dinner for Two, Mid-Range

$34.97 ₩47.0K

$61.7 €55.5

-43.36%

Fast Food Meal (McDonalds, etc)

$6.92 ₩9,289

$11.36 €10.20

-39.08%

Cappuccino

$3.66 ₩4,910

$2.97 €2.67

23.23%

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

$1.55 ₩2,077

$2.29 €2.06

-32.31%

Water (0.33 liter bottle)

$0.59 ₩797

$1.74 €1.56

-66.09%

Local Beer (0.5 liter draught)

$3.59 ₩4,814

$3.40 €3.06

5.59%

Imported Beer (0.33 liter bottle)

$4.42 ₩5,935

$3.31 €2.97

33.53%

Milk (1 liter)

$2.11 ₩2,832

$1.16 €1.04

81.90%

White Bread (500g)

$3.05 ₩4,094

$1.91 €1.72

59.69%

Rice (white) (1kg)

$2.28 ₩3,066

$1.51 €1.36

50.99%

Eggs

$3.26 ₩4,384

$4.02 €3.61

-18.91%

Local Cheese (1kg)

$15.83 ₩21.3K

$12.94 €11.62

22.33%

Chicken Fillets (1kg)

$7.98 ₩10.7K

$7.77 €6.98

2.70%

Beef Round Steak (1kg)

$11.35 ₩15.2K

$17.76 €15.95

-36.09%

Apples (1kg)

$7.50 ₩10.1K

$2.30 €2.07

226.09%

Banana (1kg)

$3.33 ₩4,470

$1.73 €1.56

92.49%

Oranges (1kg)

$5.94 ₩7,977

$1.86 €1.67

219.35%

Tomato (1kg)

$6.30 ₩8,461

$2.59 €2.33

143.24%

Potato (1kg)

$3.48 ₩4,677

$1.82 €1.64

91.21%

Onion (1kg)

$2.39 ₩3,214

$1.97 €1.77

21.32%

Lettuce (1 head)

$2.11 ₩2,831

$1.47 €1.32

43.54%

Water (1.5 liter bottle)

$1.12 ₩1,497

$0.72 €0.65

55.56%

Cigarettes 20 Pack (Marlboro, Camel)

$3.42 ₩4,596

$6.58 €5.91

-48.02%

Wine (Bottle)

$19.16 ₩25.7K

$5.61 €5.04

241.53%

Local Beer (0.5 liter bottle)

$2.24 ₩3,005

$1.36 €1.22

64.71%

Imported Beer (0.33 liter bottle)

$3.23 ₩4,331

$2.14 €1.92

50.93%

One-way Ticket (Public Transport)

$1.07 ₩1,440

$2.33 €2.10

-54.08%

Public Transport Monthly Pass (Regular Price)

$25.40 ₩34.1K

$44.68 €40.14

-43.15%

Taxi Start (Normal Tariff)

$3.68 ₩4,936

$3.85 €3.46

-4.42%

Taxi (Normal Tariff) (1km)

$0.60 ₩810

$1.07 €0.96

-43.93%

Taxi 1hour Waiting (Normal Tariff)

$9.25 ₩12.4K

$16.46 €14.79

-43.80%

Gasoline (1 liter)

$1.36 ₩1,833

$2.20 €1.98

-38.18%

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

$29.2K ₩39.2M

$34.2K €30.7K

-14.64%

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

$28.3K ₩38.0M

$38.7K €34.8K

-26.94%

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

$210 ₩282.5K

$161 €145

30.49%

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

$35.72 ₩48.0K

$18.41 €16.54

94.02%

Internet (50+ Mbps, Unlimited Data)

$21.45 ₩28.8K

$32.74 €29.41

-34.48%

Gym Membership (Monthly)

$34.30 ₩46.1K

$44.55 €40.02

-23.01%

Tennis Court (1 Hour on Weekend)

$37.83 ₩50.8K

$19.10 €17.16

98.06%

Cinema Ticket

$11.31 ₩15.2K

$9.60 €8.62

17.81%

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

$295 ₩396.4K

$668 €600

-55.79%

International Primary School, 1 Child (Yearly)

$17.8K ₩24.0M

$17.6K €15.8K

1.27%

Jeans (Levis 501 Or Similar)

$60.2 ₩80.9K

$102 €91.6

-40.97%

Summer Dress (H&M, Zara, etc)

$34.27 ₩46.0K

$44.46 €39.94

-22.92%

Sport Shoes (Adidas, Nike)

$66.5 ₩89.3K

$98.5 €88.5

-32.47%

Men's Leather Business Shoes

$83.6 ₩112.2K

$124 €111

-32.41%

1-bedroom Apartment, City Center (Monthly)

$604 ₩810.4K

$1,608 €1,445

-62.47%

1-bedroom Apartment, Outside City Center (Monthly)

$355 ₩476.3K

$1,190 €1,069

-70.19%

3-bedroom Apartment, City Center (Monthly)

$1,263 ₩1.7M

$2,812 €2,526

-55.08%

3-bedroom Apartment, Outside City Center (Monthly)

$708 ₩951.2K

$2,013 €1,808

-64.81%

Buy Apartment in City Center (m2)

$6,882 ₩9.2M

$7,839 €7,042

-12.20%

Buy Apartment Outside City Center (m2)

$5,679 ₩7.6M

$4,576 €4,110

24.11%

Average Monthly Net Salary (After Tax)

$2,460 ₩3.3M

$1,575 €1,415

56.18%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.08

3.85

5.97%

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

Last update for Incheon: 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

Incheon

$401 29.1%

Lisbon

$272 12.3% 32.1% $129

Accommodation & Living

Incheon

$355 25.8%

Lisbon

$1.2K 53.8% 236% $835

Monthly Utilities & Internet

Incheon

$268 19.5%

Lisbon

$212 9.6% 20.6% $55

Eating Out

Incheon

$149 10.9%

Lisbon

$243 11% 62.4% $93

Clothing & Footwear

Incheon

$110 8%

Lisbon

$166 7.5% 50.7% $56

Sport & Entertainment

Incheon

$57 4.1%

Lisbon

$64 2.9% 12% $6.8

Getting Around

Incheon

$36 2.6%

Lisbon

$63 2.9% 73.7% $27

Cost Breakdown

A central one-bedroom costs $604 in Incheon 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 56% higher in Incheon, 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 $35 in Incheon versus $62 in Lisbon. Groceries tell a different story – $401 in Incheon vs $272 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

Good to know

🇰🇷 Incheon

🇵🇹 Lisbon

🕒 Local time

14:51 2:51 PM

05:51 5:51 AM

9 h behind Incheon

🌤 Weather

👥 Population

2,870,545

545,923 Capital

💱 Currency

South Korean Won KRW ₩

Euro EUR €

📈 Exchange rate

10,000 KRW = 7.45 USD

10,000 KRW = 6.69 EUR

1 EUR = 1.11 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 October 29, 2026: 1 USD = 1,343 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Euro exchange rates as of October 29, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

USD to KRW in detail →

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Between locations

Incheon Lisbon 10,420 km ≈ 14 h nonstop flight

From you

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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

Incheon vs Lisbon: Cost of Living - Frequently Asked Questions

Yes – Lisbon is pricier by about 61%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,064 per month in Incheon 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 Incheon, especially for central apartments: a one-bedroom in the center costs $604 there versus $1,608 in Lisbon.

A mid-range dinner for two costs $35 in Incheon and $62 in Lisbon. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,376 in Incheon and $2,210 in Lisbon. That makes Incheon about 38% cheaper.

Families tend to lean toward Incheon – 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.