Last update: Oct 2026

Cost of Living Comparison Between Lisbon and Seogwipo

For one person, living is cheaper in Seogwipo: $1,423 a month against $2,210 in Lisbon, rent and utilities included – about $9,400 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
69

Cost of Living Index in Seogwipo
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Seogwipo Living Index

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Lisbon

🇵🇹 Portugal

$2,210

/mo nomad

Seogwipo

🇰🇷 South Korea

$1,423

/mo nomad

Monthly Cost of Living

How much you'll spend in Lisbon and in Seogwipo

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

Monthly costs for one person with rent: $2,210 in Lisbon versus $1,423 in Seogwipo.

Lisbon $2,210
Seogwipo $1,423

Estimated couple costs with rent: $3,275 in Lisbon versus $2,229 in Seogwipo.

Lisbon $3,275
Seogwipo $2,229

Monthly costs for a family of three with rent: $4,341 in Lisbon versus $3,034 in Seogwipo.

Lisbon $4,341
Seogwipo $3,034

Living in Lisbon is roughly 55% more expensive than in Seogwipo, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Lisbon 62% above, Seogwipo 5% above.

Meal at Budget Restaurant

$16.65 €14.95

$7.30 ₩9,796

128.08%

Three-Course Dinner for Two, Mid-Range

$61.7 €55.5

$35.92 ₩48.2K

71.88%

Fast Food Meal (McDonalds, etc)

$11.36 €10.20

$6.61 ₩8,874

71.86%

Cappuccino

$2.97 €2.67

$3.78 ₩5,069

-21.43%

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

$2.29 €2.06

$1.56 ₩2,089

46.79%

Water (0.33 liter bottle)

$1.74 €1.56

$0.70 ₩935

148.57%

Local Beer (0.5 liter draught)

$3.40 €3.06

$3.53 ₩4,740

-3.68%

Imported Beer (0.33 liter bottle)

$3.31 €2.97

$4.58 ₩6,151

-27.73%

Milk (1 liter)

$1.16 €1.04

$2.31 ₩3,097

-49.78%

White Bread (500g)

$1.91 €1.72

$3.14 ₩4,222

-39.17%

Rice (white) (1kg)

$1.51 €1.36

$2.74 ₩3,686

-44.89%

Eggs

$4.02 €3.61

$2.81 ₩3,767

43.06%

Local Cheese (1kg)

$12.94 €11.62

$11.30 ₩15.2K

14.51%

Chicken Fillets (1kg)

$7.77 €6.98

$7.93 ₩10.6K

-2.02%

Beef Round Steak (1kg)

$17.76 €15.95

$21.16 ₩28.4K

-16.07%

Apples (1kg)

$2.30 €2.07

$7.63 ₩10.3K

-69.86%

Banana (1kg)

$1.73 €1.56

$3.30 ₩4,426

-47.58%

Oranges (1kg)

$1.86 €1.67

$6.86 ₩9,216

-72.89%

Tomato (1kg)

$2.59 €2.33

$5.98 ₩8,030

-56.69%

Potato (1kg)

$1.82 €1.64

$3.71 ₩4,976

-50.94%

Onion (1kg)

$1.97 €1.77

$2.52 ₩3,384

-21.83%

Lettuce (1 head)

$1.47 €1.32

$2.77 ₩3,716

-46.93%

Water (1.5 liter bottle)

$0.72 €0.65

$1.30 ₩1,745

-44.62%

Cigarettes 20 Pack (Marlboro, Camel)

$6.58 €5.91

$3.47 ₩4,654

89.63%

Wine (Bottle)

$5.61 €5.04

$18.81 ₩25.3K

-70.18%

Local Beer (0.5 liter bottle)

$1.36 €1.22

$2.27 ₩3,048

-40.09%

Imported Beer (0.33 liter bottle)

$2.14 €1.92

$3.38 ₩4,542

-36.69%

One-way Ticket (Public Transport)

$2.33 €2.10

$1.11 ₩1,488

109.91%

Public Transport Monthly Pass (Regular Price)

$44.68 €40.14

Taxi Start (Normal Tariff)

$3.85 €3.46

$3.48 ₩4,670

10.63%

Taxi (Normal Tariff) (1km)

$1.07 €0.96

$0.65 ₩873

64.62%

Taxi 1hour Waiting (Normal Tariff)

$16.46 €14.79

$8.87 ₩11.9K

85.57%

Gasoline (1 liter)

$2.20 €1.98

$1.41 ₩1,895

56.03%

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

$34.2K €30.7K

$29.0K ₩39.0M

17.83%

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

$38.7K €34.8K

$33.3K ₩44.7M

16.24%

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

$161 €145

$206 ₩276.3K

-21.66%

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

$18.41 €16.54

$37.19 ₩49.9K

-50.50%

Internet (50+ Mbps, Unlimited Data)

$32.74 €29.41

$21.02 ₩28.2K

55.76%

Gym Membership (Monthly)

$44.55 €40.02

$54.9 ₩73.7K

-18.88%

Tennis Court (1 Hour on Weekend)

$19.10 €17.16

$14.14 ₩19.0K

35.08%

Cinema Ticket

$9.60 €8.62

$11.14 ₩15.0K

-13.82%

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

$668 €600

$379 ₩508.8K

76.20%

International Primary School, 1 Child (Yearly)

$17.6K €15.8K

$22.2K ₩29.9M

-20.78%

Jeans (Levis 501 Or Similar)

$102 €91.6

$62.3 ₩83.7K

63.70%

Summer Dress (H&M, Zara, etc)

$44.46 €39.94

$61.0 ₩81.8K

-27.05%

Sport Shoes (Adidas, Nike)

$98.5 €88.5

$74.3 ₩99.8K

32.51%

Men's Leather Business Shoes

$124 €111

$100 ₩134.6K

23.41%

1-bedroom Apartment, City Center (Monthly)

$1,608 €1,445

$491 ₩659.2K

227.63%

1-bedroom Apartment, Outside City Center (Monthly)

$1,190 €1,069

$350 ₩470.2K

239.85%

3-bedroom Apartment, City Center (Monthly)

$2,812 €2,526

$1,174 ₩1.6M

139.50%

3-bedroom Apartment, Outside City Center (Monthly)

$2,013 €1,808

$757 ₩1.0M

165.92%

Buy Apartment in City Center (m2)

$7,839 €7,042

$7,171 ₩9.6M

9.32%

Buy Apartment Outside City Center (m2)

$4,576 €4,110

$5,431 ₩7.3M

-15.76%

Average Monthly Net Salary (After Tax)

$1,575 €1,415

$1,146 ₩1.5M

37.49%

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 Seogwipo: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Lisbon

$1.2K 53.8%

Seogwipo

$350 24.6% 70.6% $840

Groceries & Markets

Lisbon

$272 12.3%

Seogwipo

$428 30% 57% $155

Eating Out

Lisbon

$243 11%

Seogwipo

$159 11.2% 34.3% $83

Monthly Utilities & Internet

Lisbon

$212 9.6%

Seogwipo

$264 18.6% 24.3% $52

Clothing & Footwear

Lisbon

$166 7.5%

Seogwipo

$134 9.4% 19.2% $32

Sport & Entertainment

Lisbon

$64 2.9%

Seogwipo

$77 5.4% 21.1% $13

Getting Around

Lisbon

$63 2.9%

Seogwipo

$11 * 0.8% 82.3% $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 $491 in Seogwipo. Housing cost is often the main lever when comparing two cities.

Lisbon pays 37% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $62 in Lisbon vs $36 in Seogwipo. Groceries flip the comparison at $272 vs $428, with Lisbon cheaper for home cooking.

Good to know

🇵🇹 Lisbon

🇰🇷 Seogwipo

🕒 Local time

22:47 10:47 PM

07:47 7:47 AM

9 h ahead of Lisbon

🌤 Weather

👥 Population

545,923 Capital

155,641

💱 Currency

Euro EUR €

South Korean Won KRW ₩

📈 Exchange rate

1 EUR = 1.11 USD

10,000 KRW = 7.45 USD

10,000 KRW = 6.69 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 = 1,343 KRW (10,000 KRW = 7.45 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

USD to EUR in detail →

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Between locations

Lisbon Seogwipo 10,800 km ≈ 14 h nonstop flight

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Lisbon
Seogwipo

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 Seogwipo: Cost of Living - Frequently Asked Questions

Total monthly costs including rent come to $2,210 in Lisbon and $1,423 in Seogwipo, so Seogwipo is about 36% cheaper – a gap that matters a lot on a fixed or modest income.

Average pay runs 37% higher in Lisbon, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,608 in Lisbon versus $491 in Seogwipo. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Lisbon pay roughly 36% less for everyday groceries. It’s an unusual reversal that partly offsets higher costs elsewhere.

All in, you’ll spend $2,210 per month in Lisbon versus $1,423 in Seogwipo – Seogwipo is about 36% cheaper, which adds up to real savings over time.

At $1,423 in Seogwipo versus $2,210 in Lisbon, a $2,000 budget is realistic in Seogwipo but tight or insufficient in Lisbon. The gap between the two cities makes Seogwipo the clear choice for anyone on this budget.

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 Seogwipo are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Seogwipo wins on affordability, Lisbon on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.