Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Pangyo

For one person, living is cheaper in Pangyo: $1,467 a month against $2,210 in Lisbon, rent and utilities included – about $8,900 less a year. Higher rent and utilities in Lisbon outweigh lower spending on other living expenses.

107

Cost of Living Index in Lisbon
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Lisbon Living Index
71

Cost of Living Index in Pangyo
Learn more

Pangyo Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Pangyo

🇰🇷 South Korea

$1,467

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Pangyo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Lisbon and in Pangyo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,210 in Lisbon versus $1,467 in Pangyo.

Lisbon $2,210
Pangyo $1,467

Estimated couple costs with rent: $3,275 in Lisbon versus $2,284 in Pangyo.

Lisbon $3,275
Pangyo $2,284

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $3,102 in Pangyo.

Lisbon $4,341
Pangyo $3,102

Living in Lisbon is roughly 51% more expensive than in Pangyo, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lisbon 62% above, Pangyo 8% above.

Meal at Budget Restaurant

$16.65 €14.96

$7.37 ₩9,778

125.92%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.5

$35.34 ₩46.9K

74.70%

Fast Food Meal (McDonalds, etc)

$11.36 €10.20

$6.76 ₩8,975

68.05%

Cappuccino

$2.97 €2.67

$3.75 ₩4,978

-20.80%

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

$2.29 €2.06

$1.55 ₩2,051

47.74%

Water (0.33 liter bottle)

$1.74 €1.56

$0.71 ₩945

145.07%

Local Beer (0.5 liter draught)

$3.40 €3.06

$3.58 ₩4,756

-5.03%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$4.58 ₩6,078

-27.73%

Milk (1 liter)

$1.16 €1.04

$2.22 ₩2,945

-47.75%

White Bread (500g)

$1.91 €1.72

$3.14 ₩4,167

-39.17%

Rice (white) (1kg)

$1.51 €1.36

$2.66 ₩3,527

-43.23%

Eggs

$4.02 €3.61

$2.73 ₩3,624

47.25%

Local Cheese (1kg)

$12.94 €11.62

$11.04 ₩14.6K

17.21%

Chicken Fillets (1kg)

$7.77 €6.99

$7.74 ₩10.3K

0.39%

Beef Round Steak (1kg)

$17.76 €15.96

$20.46 ₩27.2K

-13.20%

Apples (1kg)

$2.30 €2.07

$7.46 ₩9,895

-69.17%

Banana (1kg)

$1.73 €1.56

$3.31 ₩4,392

-47.73%

Oranges (1kg)

$1.86 €1.67

$6.59 ₩8,744

-71.78%

Tomato (1kg)

$2.59 €2.33

$5.98 ₩7,938

-56.69%

Potato (1kg)

$1.82 €1.64

$3.60 ₩4,777

-49.44%

Onion (1kg)

$1.97 €1.77

$2.62 ₩3,477

-24.81%

Lettuce (1 head)

$1.47 €1.32

$2.73 ₩3,625

-46.15%

Water (1.5 liter bottle)

$0.72 €0.65

$1.34 ₩1,775

-46.27%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.92

$3.29 ₩4,359

100.00%

Wine (Bottle)

$5.61 €5.04

$18.41 ₩24.4K

-69.53%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$2.23 ₩2,957

-39.01%

Imported Beer (0.33 liter bottle)

$2.14 €1.92

$3.41 ₩4,530

-37.24%

One-way Ticket (Public Transport)

$2.33 €2.10

$1.12 ₩1,484

108.04%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

$49.28 ₩65.4K

-9.33%

Taxi Start (Normal Tariff)

$3.85 €3.46

$3.52 ₩4,670

9.38%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$0.67 ₩886

59.70%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.79

$9.26 ₩12.3K

77.75%

Gasoline (1 liter)

$2.20 €1.98

$1.35 ₩1,786

62.96%

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

$34.2K €30.7K

$29.4K ₩39.0M

16.36%

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

$38.7K €34.8K

$33.9K ₩45.0M

14.25%

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

$161 €145

$209 ₩277.0K

-22.77%

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

$18.41 €16.54

$36.82 ₩48.9K

-50.00%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.41

$21.24 ₩28.2K

54.14%

Gym Membership (Monthly)

$44.55 €40.03

$55.4 ₩73.5K

-19.58%

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

$13.90 ₩18.4K

37.41%

Cinema Ticket

$9.60 €8.62

$11.11 ₩14.7K

-13.59%

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

$668 €600

$381 ₩505.0K

75.42%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$21.5K ₩28.6M

-18.25%

Jeans (Levis 501 Or Similar)

$102 €91.7

$62.1 ₩82.4K

64.23%

Summer Dress (H&M, Zara, etc)

$44.46 €39.95

$61.4 ₩81.4K

-27.55%

Sport Shoes (Adidas, Nike)

$98.5 €88.5

$74.7 ₩99.1K

31.91%

Men's Leather Business Shoes

$124 €111

$99.8 ₩132.4K

23.96%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

$493 ₩654.6K

226.02%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,069

$348 ₩462.0K

241.82%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,527

$1,157 ₩1.5M

142.98%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,809

$742 ₩984.7K

171.29%

Buy Apartment in City Center (m2)

$7,839 €7,043

$7,115 ₩9.4M

10.17%

Buy Apartment Outside City Center (m2)

$4,576 €4,111

$5,495 ₩7.3M

-16.73%

Average Monthly Net Salary (After Tax)

$1,575 €1,415

$5,227 ₩6.9M

-69.87%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.85

4.1

-6.10%

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

Last update for Lisbon: October 27, 2026

Last update for Pangyo: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Pangyo

$348 23.7% 70.7% $842

Groceries & Markets

Lisbon

$272 12.3%

Pangyo

$420 28.6% 54.1% $147

Eating Out

Lisbon

$243 11%

Pangyo

$160 10.9% 33.9% $82

Monthly Utilities & Internet

Lisbon

$212 9.6%

Pangyo

$267 18.2% 25.6% $54

Clothing & Footwear

Lisbon

$166 7.5%

Pangyo

$134 9.1% 19.2% $32

Sport & Entertainment

Lisbon

$64 2.9%

Pangyo

$78 5.3% 21.8% $14

Getting Around

Lisbon

$63 2.9%

Pangyo

$61 4.1% 4.1% $2.6

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $493 in Pangyo. Housing cost is often the main lever when comparing two cities.

Pangyo pays about 3.3 times more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $62 in Lisbon vs $35 in Pangyo. Groceries flip the comparison at $272 vs $420, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇰🇷 Pangyo

🕒 Local time

14:24 2:24 PM

23:24 11:24 PM

9 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

💱 Currency

Euro EUR €

South Korean Won KRW ₩

📈 Exchange rate

1 EUR = 1.11 USD

10,000 KRW = 7.54 USD

10,000 KRW = 6.77 EUR

Exchange rates and currency converter

KRW, USD to EUR – Euro Converter

🇺🇸 United States Dollar ($)

🇪🇺 Euro (€)

Euro exchange rates as of October 28, 2026: 1 USD = 0.898 EUR (1 EUR = 1.11 USD).

South Korean Won exchange rates as of October 28, 2026: 1 USD = 1,327 KRW (10,000 KRW = 7.54 USD). 1 EUR = 1,477 KRW (10,000 KRW = 6.77 EUR).

USD to EUR in detail →

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Lisbon Pangyo 10,440 km ≈ 14 h nonstop flight

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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

Lisbon vs Pangyo: Cost of Living - Frequently Asked Questions

Lisbon and Pangyo differ by about 51% in total monthly costs ($2,210 vs $1,467 including rent). Pangyo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 70% lower in Lisbon. That’s worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,608 in Lisbon versus $493 in Pangyo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $668 in Lisbon versus $381 in Pangyo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Lisbon pay roughly 35% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

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, Lisbon and Pangyo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.