Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Pohang

For one person, living is cheaper in Pohang: $1,365 a month against $2,210 in Lisbon, rent and utilities included – about $10,100 less a year. Rent and utilities account for most of the difference.

Lisbon, Portugal
Pohang, South Korea
Lisbon
🇵🇹 Portugal
$2,210
/mo nomad
Pohang
🇰🇷 South Korea
$1,365
/mo nomad
Monthly Cost of Living

How much you'll spend in Lisbon and in Pohang

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $1,365 in Pohang.

  • Lisbon $2,210
  • Pohang $1,365

Estimated couple costs with rent: $3,275 in Lisbon versus $2,214 in Pohang.

  • Lisbon $3,275
  • Pohang $2,214

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $3,063 in Pohang.

  • Lisbon $4,341
  • Pohang $3,063

Living in Lisbon is roughly 62% more expensive than in Pohang, and outside of rent the biggest gap is in eating out.

Currency
🍽 Eating Out
Lisbon
Pohang
Difference
Meal at Budget Restaurant
$16.65 €14.91
$6.08 ₩8,121
173.85%
Three-Course Dinner for Two, Mid-Range
$61.7 €55.3
$22.35 ₩29.8K
176.24%
Fast Food Meal (McDonalds, etc)
$11.36 €10.17
$6.45 ₩8,615
76.12%
Cappuccino
$2.97 €2.66
$3.09 ₩4,120
-3.88%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.29 €2.05
$1.47 ₩1,969
55.78%
Water (0.33 liter bottle)
$1.74 €1.56
$0.50 ₩667
248.00%
Local Beer (0.5 liter draught)
$3.40 €3.05
$3.67 ₩4,903
-7.36%
Imported Beer (0.33 liter bottle)
$3.31 €2.96
$3.82 ₩5,097
-13.35%
🛒 Groceries & Markets
Lisbon
Pohang
Difference
Milk (1 liter)
$1.16 €1.04
$2.30 ₩3,065
-49.57%
White Bread (500g)
$1.91 €1.71
$3.17 ₩4,235
-39.75%
Rice (white) (1kg)
$1.51 €1.35
$1.53 ₩2,044
-1.31%
Eggs
$4.02 €3.60
$2.76 ₩3,679
45.65%
Local Cheese (1kg)
$12.94 €11.59
$11.07 ₩14.8K
16.89%
Chicken Fillets (1kg)
$7.77 €6.96
$10.61 ₩14.2K
-26.77%
Beef Round Steak (1kg)
$17.76 €15.91
$24.68 ₩33.0K
-28.04%
Apples (1kg)
$2.30 €2.06
$2.20 ₩2,944
4.55%
Banana (1kg)
$1.73 €1.55
$3.60 ₩4,808
-51.94%
Oranges (1kg)
$1.86 €1.66
$7.98 ₩10.7K
-76.69%
Tomato (1kg)
$2.59 €2.32
$3.11 ₩4,147
-16.72%
Potato (1kg)
$1.82 €1.63
$5.13 ₩6,842
-64.52%
Onion (1kg)
$1.97 €1.76
$3.43 ₩4,577
-42.57%
Lettuce (1 head)
$1.47 €1.32
$2.22 ₩2,964
-33.78%
Water (1.5 liter bottle)
$0.72 €0.65
$1.33 ₩1,777
-45.86%
Cigarettes 20 Pack (Marlboro, Camel)
$6.58 €5.90
$3.43 ₩4,579
91.84%
Wine (Bottle)
$5.61 €5.02
$6.90 ₩9,218
-18.70%
Local Beer (0.5 liter bottle)
$1.36 €1.22
$1.52 ₩2,034
-10.53%
Imported Beer (0.33 liter bottle)
$2.14 €1.91
$3.44 ₩4,597
-37.79%
🚌 Getting Around
Lisbon
Pohang
Difference
One-way Ticket (Public Transport)
$2.33 €2.09
$1.18 ₩1,581
97.46%
Public Transport Monthly Pass (Regular Price)
$44.68 €40.01
-
-
Taxi Start (Normal Tariff)
$3.85 €3.45
$3.42 ₩4,565
12.57%
Taxi (Normal Tariff) (1km)
$1.07 €0.96
$0.63 ₩839
69.84%
Taxi 1hour Waiting (Normal Tariff)
$16.46 €14.74
$16.86 ₩22.5K
-2.37%
Gasoline (1 liter)
$2.20 €1.97
$1.30 ₩1,734
69.23%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.2K €30.6K
$29.5K ₩39.4M
15.98%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.7K €34.7K
$29.4K ₩39.3M
31.56%
🧾 Monthly Utilities & Internet
Lisbon
Pohang
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$161 €144
$101 ₩135.1K
59.34%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$18.41 €16.49
$37.06 ₩49.5K
-50.32%
Internet (50+ Mbps, Unlimited Data)
$32.74 €29.32
$27.13 ₩36.2K
20.68%
🎉 Sport & Entertainment
Lisbon
Pohang
Difference
Gym Membership (Monthly)
$44.55 €39.90
$29.93 ₩40.0K
48.85%
Tennis Court (1 Hour on Weekend)
$19.10 €17.10
$14.02 ₩18.7K
36.23%
Cinema Ticket
$9.60 €8.60
$11.14 ₩14.9K
-13.82%
🧸 Childcare & Education
Lisbon
Pohang
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$668 €598
$635 ₩848.0K
5.12%
International Primary School, 1 Child (Yearly)
$17.6K €15.8K
$22.0K ₩29.3M
-19.79%
👕👟 Clothing & Footwear
Lisbon
Pohang
Difference
Jeans (Levis 501 Or Similar)
$102 €91.4
$104 ₩139.4K
-2.30%
Summer Dress (H&M, Zara, etc)
$44.46 €39.82
$66.8 ₩89.2K
-33.48%
Sport Shoes (Adidas, Nike)
$98.5 €88.2
$92.8 ₩123.9K
6.11%
Men's Leather Business Shoes
$124 €111
$113 ₩150.4K
9.81%
🏠 Accommodation & Living
Lisbon
Pohang
Difference
1-bedroom Apartment, City Center (Monthly)
$1,608 €1,440
$484 ₩646.7K
232.03%
1-bedroom Apartment, Outside City Center (Monthly)
$1,190 €1,066
$440 ₩587.2K
170.57%
3-bedroom Apartment, City Center (Monthly)
$2,812 €2,519
$1,256 ₩1.7M
123.83%
3-bedroom Apartment, Outside City Center (Monthly)
$2,013 €1,803
$1,032 ₩1.4M
95.08%
Buy Apartment in City Center (m2)
$7,839 €7,021
$8,173 ₩10.9M
-4.08%
Buy Apartment Outside City Center (m2)
$4,576 €4,098
$5,538 ₩7.4M
-17.37%
💵 Salaries & Financials
Lisbon
Pohang
Difference
Average Monthly Net Salary (After Tax)
$1,575 €1,411
$2,203 ₩2.9M
-28.51%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.85
4.22
-8.77%

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

Last update for Lisbon: October 27, 2026

Last update for Pohang: October 24, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Lisbon
$1.2K
Pohang
$440 63% $750
Groceries & Markets
Lisbon
$272
Pohang
$388 42.3% $115
Eating Out
Lisbon
$243
Pohang
$139 42.7% $104
Monthly Utilities & Internet
Lisbon
$212
Pohang
$165 22.1% $47
Clothing & Footwear
Lisbon
$166
Pohang
$170 2.2% $3.6
Sport & Entertainment
Lisbon
$64
Pohang
$52 18.1% $12
Getting Around
Lisbon
$63
Pohang
$11 * 82.1% $52

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,608 in Lisbon and $484 in Pohang. Housing cost is often the main lever when comparing two cities.

Pohang pays 40% 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 $22 in Pohang. Groceries flip the comparison at $272 vs $388, with Lisbon cheaper for home cooking.

Good to know
🇵🇹 Lisbon
🇰🇷 Pohang
🕒 Local time
08:42 8:42 AM
17:42 5:42 PM
9 h ahead of Lisbon
🌤 Weather
👥 Population
545,923 Capital
514,869
💱 Currency
Euro EUR €
Exchange rates and currency converter

KRW, USD to EUR – Euro Converter

Euro exchange rates as of November 1, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

South Korean Won exchange rates as of November 1, 2026: 1 USD = 1,335 KRW (10,000 KRW = 7.49 USD). 1 EUR = 1,491 KRW (10,000 KRW = 6.71 EUR).

On the map
Between locations
  • Lisbon Pohang 10,680 km ≈ 14 h nonstop flight
From you
  • Lisbon
  • Pohang

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
Lisbon vs Pohang: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Lisbon and in Pohang?
Total monthly costs including rent come to $2,210 in Lisbon and $1,365 in Pohang, so Pohang is about 38% cheaper – a gap that matters a lot on a fixed or modest income.
Which city has better-paying jobs?
On paper, salaries run 29% 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.
How do apartment prices compare in Lisbon and in Pohang?
Rent for a central apartment: $1,608 in Lisbon versus $484 in Pohang. Housing is usually the single largest factor when comparing overall living costs between the two.
Which city has cheaper grocery shopping?
Shoppers in Lisbon pay roughly 30% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.
Which city is more expensive overall: Lisbon or Pohang?
All in, you’ll spend $2,210 per month in Lisbon versus $1,365 in Pohang – Pohang is about 38% cheaper, which adds up to real savings over time.
Which city is feasible on a $1,000 budget?
Both cities are expensive relative to $1,000. Pohang is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.
How does quality of life compare between Lisbon and Pohang?
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 Pohang safer for residents?
Safety-wise, Lisbon and Pohang are both considered safe, so it’s unlikely to be the deciding factor between them.

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