Cost of Living Comparison Between Lisbon and Pangyo Cost of Living Comparison Between Lisbon and Pangyo

Monthly Cost of Living

Monthly costs for one person with rent: $2,268 in Lisbon versus $1,467 in Pangyo.

Estimated couple costs with rent: $3,348 in Lisbon versus $2,261 in Pangyo.

Monthly costs for a family of three with rent: $4,429 in Lisbon versus $3,055 in Pangyo.

Living in Lisbon is roughly 55% more expensive than in Pangyo, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Lisbon 64% above, Pangyo 6% above.

Currency
🍽 Eating Out
Lisbon
Pangyo
Difference
Meal at Budget Restaurant
$17.55 €15.12
$7.65 ₩10.3K
129.41%
Three-Course Dinner for Two, Mid-Range
$64.5 €55.6
$35.25 ₩47.3K
82.95%
Fast Food Meal (McDonalds, etc)
$11.65 €10.04
$6.98 ₩9,364
66.91%
Cappuccino
$3.26 €2.81
$3.97 ₩5,326
-17.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.49 €2.15
$1.71 ₩2,291
45.61%
Water (0.33 liter bottle)
$1.67 €1.44
$0.62 ₩836
169.35%
Local Beer (0.5 liter draught)
$3.47 €2.99
$3.50 ₩4,694
-0.86%
Imported Beer (0.33 liter bottle)
$3.58 €3.08
$4.73 ₩6,341
-24.31%
🛒 Groceries & Markets
Lisbon
Pangyo
Difference
Milk (1 liter)
$1.18 €1.02
$2.28 ₩3,057
-48.25%
White Bread (500g)
$1.95 €1.68
$3.02 ₩4,052
-35.43%
Rice (white) (1kg)
$1.56 €1.35
$2.90 ₩3,889
-46.21%
Eggs
$4.01 €3.46
$2.57 ₩3,451
56.03%
Local Cheese (1kg)
$13.27 €11.44
$10.85 ₩14.5K
22.30%
Chicken Fillets (1kg)
$8.42 €7.26
$7.92 ₩10.6K
6.31%
Beef Round Steak (1kg)
$18.23 €15.72
$22.06 ₩29.6K
-17.36%
Apples (1kg)
$2.32 €2.00
$7.63 ₩10.2K
-69.59%
Banana (1kg)
$1.73 €1.49
$3.56 ₩4,771
-51.40%
Oranges (1kg)
$1.93 €1.67
$7.56 ₩10.1K
-74.47%
Tomato (1kg)
$2.64 €2.27
$5.89 ₩7,901
-55.18%
Potato (1kg)
$1.90 €1.64
$4.16 ₩5,577
-54.33%
Onion (1kg)
$2.11 €1.82
$2.66 ₩3,566
-20.68%
Lettuce (1 head)
$1.44 €1.24
$2.73 ₩3,661
-47.25%
Water (1.5 liter bottle)
$0.80 €0.69
$1.29 ₩1,724
-37.98%
Cigarettes 20 Pack (Marlboro, Camel)
$7.01 €6.04
$3.37 ₩4,514
108.01%
Wine (Bottle)
$5.92 €5.11
$18.57 ₩24.9K
-68.12%
Local Beer (0.5 liter bottle)
$1.36 €1.18
$2.17 ₩2,906
-37.33%
Imported Beer (0.33 liter bottle)
$2.15 €1.85
$3.43 ₩4,599
-37.32%
🚌 Getting Around
Lisbon
Pangyo
Difference
One-way Ticket (Public Transport)
$2.38 €2.05
$1.10 ₩1,470
116.36%
Public Transport Monthly Pass (Regular Price)
$46.22 €39.85
$48.86 ₩65.5K
-5.40%
Taxi Start (Normal Tariff)
$4.19 €3.61
$3.29 ₩4,415
27.36%
Taxi (Normal Tariff) (1km)
$1.10 €0.95
$0.66 ₩881
66.67%
Taxi 1hour Waiting (Normal Tariff)
$17.26 €14.88
$17.16 ₩23.0K
0.58%
Gasoline (1 liter)
$2.25 €1.94
$1.38 ₩1,852
63.04%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.5K €29.7K
$33.5K ₩44.9M
2.86%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$41.6K €35.9K
$33.5K ₩45.0M
24.09%
🧾 Monthly Utilities & Internet
Lisbon
Pangyo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$171 €147
$198 ₩266.1K
-13.87%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$19.01 €16.38
$36.48 ₩48.9K
-47.89%
Internet (50+ Mbps, Unlimited Data)
$34.28 €29.55
$22.54 ₩30.2K
52.09%
🎉 Sport & Entertainment
Lisbon
Pangyo
Difference
Gym Membership (Monthly)
$49.65 €42.80
$55.9 ₩74.9K
-11.13%
Tennis Court (1 Hour on Weekend)
$19.51 €16.81
$12.11 ₩16.2K
61.11%
Cinema Ticket
$10.10 €8.71
$11.08 ₩14.9K
-8.84%
🧸 Childcare & Education
Lisbon
Pangyo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$699 €603
$583 ₩782.5K
19.83%
International Primary School, 1 Child (Yearly)
$17.8K €15.3K
$21.4K ₩28.8M
-17.14%
👕👟 Clothing & Footwear
Lisbon
Pangyo
Difference
Jeans (Levis 501 Or Similar)
$105 €90.2
$63.7 ₩85.4K
64.18%
Summer Dress (H&M, Zara, etc)
$47.97 €41.35
$64.4 ₩86.3K
-25.48%
Sport Shoes (Adidas, Nike)
$102 €87.8
$74.9 ₩100.4K
36.06%
Men's Leather Business Shoes
$128 €111
$97.4 ₩130.6K
31.75%
🏠 Accommodation & Living
Lisbon
Pangyo
Difference
1-bedroom Apartment, City Center (Monthly)
$1,661 €1,432
$454 ₩609.4K
265.63%
1-bedroom Apartment, Outside City Center (Monthly)
$1,228 €1,059
$358 ₩479.8K
243.30%
3-bedroom Apartment, City Center (Monthly)
$2,915 €2,513
$1,140 ₩1.5M
155.68%
3-bedroom Apartment, Outside City Center (Monthly)
$2,023 €1,744
$738 ₩990.2K
174.02%
Buy Apartment in City Center (m2)
$8,129 €7,007
$7,242 ₩9.7M
12.25%
Buy Apartment Outside City Center (m2)
$4,635 €3,996
$5,465 ₩7.3M
-15.18%
💵 Salaries & Financials
Lisbon
Pangyo
Difference
Average Monthly Net Salary (After Tax)
$1,619 €1,396
$5,161 ₩6.9M
-68.63%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.78
4.1
-7.80%

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

Last update for Lisbon: September 5, 2026

Last update for Pangyo: September 6, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,661 in Lisbon and $454 in Pangyo. Housing cost is often the main lever when comparing two cities.

Pangyo pays 219% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $64.0 in Lisbon vs $35.00 in Pangyo. Groceries flip the comparison at $281 vs $431, with Lisbon cheaper for home cooking.

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
What is the total cost difference between living in Lisbon and in Pangyo?
Lisbon and Pangyo differ by about 55% in total monthly costs ($2,268 vs $1,467 including rent). Pangyo is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 219% lower in Pangyo. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.
How do apartment prices compare in Lisbon and in Pangyo?
Rent for a central apartment: $1,661 in Lisbon versus $454 in Pangyo. Housing is usually the single largest factor when comparing overall living costs between the two.
What is the difference in childcare costs between Lisbon and Pangyo?
Childcare runs $699 in Lisbon versus $583 in Pangyo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city has cheaper grocery shopping?
Shoppers in Lisbon pay roughly 53% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.
Which city is more doable on $1,500 per month?
At $1,467 in Pangyo versus $2,268 in Lisbon, a $1,500 budget is realistic in Pangyo but tight or insufficient in Lisbon. The gap between the two cities makes Pangyo the clear choice for anyone on this budget.
How does quality of life compare between Lisbon and Pangyo?
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.
Is Lisbon or Pangyo safer for residents?
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.
Where should expats move: Lisbon or Pangyo?
Expats usually find Pangyo gentler on the wallet – expenses run 55% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.

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