Cost of Living Comparison Between Incheon and Lisbon Cost of Living Comparison Between Incheon and Lisbon

Monthly Cost of Living

A single person spends $1,368 per month in Incheon vs $2,263 in Lisbon, rent included.

A couple spends around $2,148 per month in Incheon vs $3,315 in Lisbon, rent included.

A family of three spends $2,928 per month in Incheon vs $4,368 in Lisbon, rent included.

Incheon is about 40% cheaper than Lisbon, driven mainly by Groceries & Markets.

Both Incheon and Lisbon sit above the global median – Incheon by 2%, Lisbon by 68%.

Meal at Budget Restaurant

$6.80 ₩10.3K

$15.94 €13.73

-57.34%

Three-Course Dinner for Two, Mid-Range

$36.54 ₩55.5K

$63.4 €54.6

-42.34%

Fast Food Meal (McDonalds, etc)

$6.47 ₩9,824

$10.38 €8.95

-37.67%

Cappuccino

$3.54 ₩5,369

$2.79 €2.40

26.88%

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

$1.39 ₩2,114

$2.34 €2.01

-40.60%

Water (0.33 liter bottle)

$0.70 ₩1,070

$1.57 €1.35

-55.41%

Local Beer (0.5 liter draught)

$3.16 ₩4,797

$3.43 €2.95

-7.87%

Imported Beer (0.33 liter bottle)

$4.43 ₩6,722

$3.91 €3.37

13.30%

Milk (1 liter)

$2.14 ₩3,247

$1.08 €0.93

98.15%

White Bread (500g)

$3.12 ₩4,735

$1.77 €1.52

76.27%

Rice (white) (1kg)

$2.67 ₩4,051

$1.71 €1.47

56.14%

Eggs

$3.08 ₩4,674

$3.15 €2.71

-2.22%

Local Cheese (1kg)

$14.08 ₩21.4K

$13.68 €11.79

2.92%

Chicken Fillets (1kg)

$6.91 ₩10.5K

$8.01 €6.90

-13.73%

Beef Round Steak (1kg)

$13.60 ₩20.7K

$15.52 €13.37

-12.37%

Apples (1kg)

$7.30 ₩11.1K

$2.29 €1.98

218.78%

Banana (1kg)

$2.89 ₩4,386

$1.64 €1.41

76.22%

Oranges (1kg)

$5.45 ₩8,274

$1.94 €1.67

180.93%

Tomato (1kg)

$6.71 ₩10.2K

$2.51 €2.17

167.33%

Potato (1kg)

$3.49 ₩5,295

$1.79 €1.54

94.97%

Onion (1kg)

$1.97 ₩2,995

$2.01 €1.73

-1.99%

Lettuce (1 head)

$1.94 ₩2,954

$1.97 €1.69

-1.52%

Water (1.5 liter bottle)

$1.31 ₩1,996

$0.84 €0.73

55.95%

Cigarettes 20 Pack (Marlboro, Camel)

$3.22 ₩4,884

$6.79 €5.85

-52.58%

Wine (Bottle)

$16.15 ₩24.5K

$5.67 €4.89

184.83%

Local Beer (0.5 liter bottle)

$2.07 ₩3,149

$1.39 €1.20

48.92%

Imported Beer (0.33 liter bottle)

$1.80 ₩2,734

$3.02 €2.60

-40.40%

One-way Ticket (Public Transport)

$1.04 ₩1,579

$2.27 €1.95

-54.19%

Public Transport Monthly Pass (Regular Price)

$25.34 ₩38.5K

$45.44 €39.15

-44.23%

Taxi Start (Normal Tariff)

$3.44 ₩5,225

$4.29 €3.70

-19.81%

Taxi (Normal Tariff) (1km)

$0.53 ₩801

$0.85 €0.73

-37.65%

Taxi 1hour Waiting (Normal Tariff)

$8.71 ₩13.2K

$18.28 €15.75

-52.35%

Gasoline (1 liter)

$1.19 ₩1,802

$1.99 €1.71

-40.20%

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

$28.2K ₩42.8M

$35.0K €30.2K

-19.57%

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

$13.9K ₩21.0M

$39.5K €34.1K

-64.95%

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

$165 ₩250.7K

$146 €126

12.94%

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

$34.69 ₩52.7K

$20.45 €17.62

69.63%

Internet (50+ Mbps, Unlimited Data)

$20.93 ₩31.8K

$38.98 €33.58

-46.31%

Gym Membership (Monthly)

$32.83 ₩49.9K

$48.98 €42.21

-32.97%

Tennis Court (1 Hour on Weekend)

$37.46 ₩56.9K

$18.83 €16.22

98.94%

Cinema Ticket

$10.94 ₩16.6K

$9.52 €8.21

14.92%

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

$264 ₩401.1K

$608 €524

-56.57%

International Primary School, 1 Child (Yearly)

$11.1K ₩16.8M

$16.5K €14.2K

-33.05%

Jeans (Levis 501 Or Similar)

$59.0 ₩89.6K

$104 €89.5

-43.21%

Summer Dress (H&M, Zara, etc)

$47.87 ₩72.7K

$42.12 €36.29

13.65%

Sport Shoes (Adidas, Nike)

$66.0 ₩100.1K

$92.2 €79.5

-28.49%

Men's Leather Business Shoes

$102 ₩155.2K

$120 €103

-14.84%

1-bedroom Apartment, City Center (Monthly)

$694 ₩1.1M

$1,621 €1,397

-57.22%

1-bedroom Apartment, Outside City Center (Monthly)

$382 ₩580.5K

$1,268 €1,092

-69.85%

3-bedroom Apartment, City Center (Monthly)

$1,380 ₩2.1M

$3,048 €2,626

-54.74%

3-bedroom Apartment, Outside City Center (Monthly)

$785 ₩1.2M

$2,009 €1,731

-60.94%

Buy Apartment in City Center (m2)

$6,120 ₩9.3M

$7,663 €6,602

-20.13%

Buy Apartment Outside City Center (m2)

$4,859 ₩7.4M

$4,329 €3,730

12.25%

Average Monthly Net Salary (After Tax)

$2,171 ₩3.3M

$1,585 €1,366

36.98%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.1

3.81

7.61%

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

Last update for Incheon: June 8, 2026

Last update for Lisbon: June 8, 2026

Cost Breakdown

A central one-bedroom costs $694 in Incheon versus $1,621 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 37% 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 $37.00 in Incheon versus $63.0 in Lisbon. Groceries tell a different story – $386 in Incheon vs $269 in Lisbon – so Lisbon wins on supermarket bills even if dining out costs more.

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 65%, and the gap shows up most in Groceries & Markets. It's not just housing either; the difference applies across most spending categories.

For a comfortable life, plan on about $2,052 per month in Incheon and $3,394 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. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $37.00 in Incheon and $63.0 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 $1,368 in Incheon and $2,263 in Lisbon. The difference isn't just one category – it shows up across housing, food, transport, and services.

A $1,500 monthly budget goes further in Incheon, where all-in costs run around $1,368, than in Lisbon at $2,263. In Incheon it covers expenses comfortably, while in Lisbon it requires careful planning or may not stretch far enough.

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 have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Incheon. If higher salaries, better infrastructure, or specific career opportunities are the priority, Lisbon makes more sense. Both are solid long-term options with distinct trade-offs.