Last update: Oct 2026

Cost of Living Comparison Between Incheon and Singapore

For one person, living is cheaper in Incheon: $1,373 a month against $3,500 in Singapore, rent and utilities included – about $25,500 less a year. Rent and utilities account for most of the difference.

67

Cost of Living Index in Incheon
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Incheon Living Index
169

Cost of Living Index in Singapore
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Singapore Living Index

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Incheon

🇰🇷 South Korea

$1,373

/mo nomad

Singapore

🇸🇬 Singapore

$3,500

/mo nomad

Monthly Cost of Living

How much you'll spend in Incheon and in Singapore

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

A single person spends $1,373 per month in Incheon vs $3,500 in Singapore, rent included.

Incheon $1,373
Singapore $3,500

A couple spends around $2,106 per month in Incheon vs $5,265 in Singapore, rent included.

Incheon $2,106
Singapore $5,265

A family of three spends $2,839 per month in Incheon vs $7,030 in Singapore, rent included.

Incheon $2,839
Singapore $7,030

Incheon is about 61% cheaper than Singapore, and outside of rent the biggest gap is in eating out.

Both Incheon and Singapore sit above the global median – Incheon by 2%, Singapore by 159%.

Meal at Budget Restaurant

$5.92 ₩7,874

$11.76 SGD 15.05

-49.66%

Three-Course Dinner for Two, Mid-Range

$34.73 ₩46.2K

$70.6 SGD 90.4

-50.82%

Fast Food Meal (McDonalds, etc)

$6.55 ₩8,703

$8.55 SGD 10.94

-23.39%

Cappuccino

$3.75 ₩4,988

$5.20 SGD 6.66

-27.88%

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

$1.61 ₩2,147

$1.77 SGD 2.27

-9.04%

Water (0.33 liter bottle)

$0.64 ₩851

$1.23 SGD 1.58

-47.97%

Local Beer (0.5 liter draught)

$3.42 ₩4,544

$8.26 SGD 10.58

-58.60%

Imported Beer (0.33 liter bottle)

$4.63 ₩6,162

$10.17 SGD 13.01

-54.47%

Milk (1 liter)

$2.04 ₩2,715

$3.04 SGD 3.89

-32.89%

White Bread (500g)

$3.13 ₩4,160

$2.55 SGD 3.26

22.75%

Rice (white) (1kg)

$2.34 ₩3,109

$2.86 SGD 3.66

-18.18%

Eggs

$3.33 ₩4,427

$3.53 SGD 4.51

-5.67%

Local Cheese (1kg)

$15.51 ₩20.6K

$21.12 SGD 27.02

-26.56%

Chicken Fillets (1kg)

$7.88 ₩10.5K

$9.90 SGD 12.67

-20.40%

Beef Round Steak (1kg)

$11.06 ₩14.7K

$25.42 SGD 32.53

-56.49%

Apples (1kg)

$7.84 ₩10.4K

$4.57 SGD 5.85

71.55%

Banana (1kg)

$3.16 ₩4,206

$3.13 SGD 4.00

0.96%

Oranges (1kg)

$5.66 ₩7,529

$4.72 SGD 6.04

19.92%

Tomato (1kg)

$6.38 ₩8,481

$2.23 SGD 2.85

186.10%

Potato (1kg)

$3.45 ₩4,585

$2.57 SGD 3.29

34.24%

Onion (1kg)

$2.42 ₩3,213

$2.29 SGD 2.93

5.68%

Lettuce (1 head)

$2.08 ₩2,768

$1.87 SGD 2.39

11.23%

Water (1.5 liter bottle)

$1.15 ₩1,528

$1.44 SGD 1.84

-20.14%

Cigarettes 20 Pack (Marlboro, Camel)

$3.47 ₩4,609

$13.97 SGD 17.88

-75.16%

Wine (Bottle)

$18.82 ₩25.0K

$23.48 SGD 30.05

-19.85%

Local Beer (0.5 liter bottle)

$2.20 ₩2,931

$4.54 SGD 5.80

-51.54%

Imported Beer (0.33 liter bottle)

$3.24 ₩4,306

$4.44 SGD 5.68

-27.03%

One-way Ticket (Public Transport)

$1.06 ₩1,412

$1.57 SGD 2.01

-32.48%

Public Transport Monthly Pass (Regular Price)

$24.53 ₩32.6K

$93.8 SGD 120

-73.84%

Taxi Start (Normal Tariff)

$3.57 ₩4,752

$3.64 SGD 4.66

-1.92%

Taxi (Normal Tariff) (1km)

$0.64 ₩852

$0.76 SGD 0.97

-15.79%

Taxi 1hour Waiting (Normal Tariff)

$9.24 ₩12.3K

$16.14 SGD 20.66

-42.75%

Gasoline (1 liter)

$1.40 ₩1,860

$2.45 SGD 3.14

-42.86%

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

$29.0K ₩38.6M

$155.2K SGD 198.5K

-81.30%

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

$28.6K ₩38.0M

$148.5K SGD 190.0K

-80.77%

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

$209 ₩277.2K

$172 SGD 220

21.54%

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

$35.24 ₩46.9K

$12.39 SGD 15.86

184.42%

Internet (50+ Mbps, Unlimited Data)

$20.80 ₩27.7K

$26.21 SGD 33.54

-20.64%

Gym Membership (Monthly)

$33.40 ₩44.4K

$108 SGD 138

-69.08%

Tennis Court (1 Hour on Weekend)

$38.21 ₩50.8K

$12.31 SGD 15.75

210.40%

Cinema Ticket

$11.26 ₩15.0K

$11.64 SGD 14.90

-3.26%

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

$295 ₩392.8K

$1,481 SGD 1,895

-80.05%

International Primary School, 1 Child (Yearly)

$18.2K ₩24.1M

$28.3K SGD 36.3K

-35.94%

Jeans (Levis 501 Or Similar)

$57.1 ₩76.0K

$80.6 SGD 103

-29.08%

Summer Dress (H&M, Zara, etc)

$32.82 ₩43.6K

$50.1 SGD 64.1

-34.50%

Sport Shoes (Adidas, Nike)

$69.5 ₩92.4K

$112 SGD 143

-37.84%

Men's Leather Business Shoes

$84.3 ₩112.1K

$129 SGD 165

-34.61%

1-bedroom Apartment, City Center (Monthly)

$611 ₩812.1K

$3,015 SGD 3,858

-79.74%

1-bedroom Apartment, Outside City Center (Monthly)

$361 ₩480.1K

$2,171 SGD 2,778

-83.37%

3-bedroom Apartment, City Center (Monthly)

$1,275 ₩1.7M

$5,842 SGD 7,475

-78.17%

3-bedroom Apartment, Outside City Center (Monthly)

$693 ₩921.3K

$4,044 SGD 5,174

-82.86%

Buy Apartment in City Center (m2)

$6,723 ₩8.9M

$23.8K SGD 30.4K

-71.74%

Buy Apartment Outside City Center (m2)

$5,498 ₩7.3M

$16.8K SGD 21.4K

-67.18%

Average Monthly Net Salary (After Tax)

$2,411 ₩3.2M

$4,385 SGD 5,611

-45.00%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.08

2.44

67.21%

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

Last update for Incheon: October 11, 2026

Last update for Singapore: October 13, 2026

Monthly budget structure

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

Groceries & Markets

Incheon

$399 29%

Singapore

$458 13.1% 14.8% $59

Accommodation & Living

Incheon

$361 26.3%

Singapore

$2.2K 62% 501% $1.8K

Monthly Utilities & Internet

Incheon

$265 19.3%

Singapore

$210 6% 20.6% $54

Eating Out

Incheon

$147 10.7%

Singapore

$256 7.3% 73.5% $108

Clothing & Footwear

Incheon

$110 8%

Singapore

$167 4.8% 52.4% $57

Sport & Entertainment

Incheon

$56 4.1%

Singapore

$131 3.8% 135% $75

Getting Around

Incheon

$36 2.6%

Singapore

$107 3.1% 202% $72

Cost Breakdown

A central one-bedroom costs $611 in Incheon versus $3,015 in Singapore. 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 82% higher in Singapore, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $35.00 in Incheon versus $71.0 in Singapore. Monthly groceries follow the same trend: $399 vs $458 – making Incheon the more affordable choice for daily food spending.

Good to know

🇰🇷 Incheon

🇸🇬 Singapore

🕒 Local time

06:15 6:15 AM

05:15 5:15 AM

1 h behind Incheon

🌤 Weather

👥 Population

2,870,545

5,535,002 Capital

💱 Currency

South Korean Won KRW ₩

Singapore Dollar SGD $

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1 SGD = 0.781 USD

1 SGD = 0.695 EUR

Exchange rates and currency converter

SGD, 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).

Singapore Dollar exchange rates as of October 17, 2026: 1 USD = 1.28 SGD (1 SGD = 0.781 USD). 1 EUR = 1.44 SGD (1 SGD = 0.695 EUR).

USD to KRW in detail →

On the map

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Between locations

Incheon Singapore 4,650 km ≈ 6 h nonstop flight

From you

Incheon
Singapore

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 Singapore: Cost of Living - Frequently Asked Questions

Yes – Singapore is pricier by about 155%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,059 per month in Incheon and $5,251 in Singapore. 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 $35.00 in Incheon and $71.0 in Singapore. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $1,373 in Incheon and $3,500 in Singapore. That's a gap of about 155%.

A $1,500 monthly budget goes further in Incheon, where all-in costs run around $1,373, than in Singapore at $3,500. In Incheon it covers expenses comfortably, while in Singapore 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, Singapore makes more sense. Both are solid long-term options with distinct trade-offs.