Cost of Living Comparison Between Lisbon and Ulsan Cost of Living Comparison Between Lisbon and Ulsan

Monthly Cost of Living

Monthly costs for one person with rent: $2,316 in Lisbon versus $1,322 in Ulsan.

Estimated couple costs with rent: $3,361 in Lisbon versus $2,143 in Ulsan.

Monthly costs for a family of three with rent: $4,405 in Lisbon versus $2,964 in Ulsan.

Living in Lisbon is roughly 75% more expensive than in Ulsan, driven mainly by Groceries & Markets.

The two cities straddle the global median: Lisbon is 69% above, Ulsan is 4% below.

Meal at Budget Restaurant

$17.30 €14.87

$7.35 ₩9,967

135.37%

Three-Course Dinner for Two, Mid-Range

$63.3 €54.4

$43.91 ₩59.5K

44.09%

Fast Food Meal (McDonalds, etc)

$11.39 €9.79

$5.93 ₩8,036

92.07%

Cappuccino

$3.19 €2.74

$3.35 ₩4,539

-4.78%

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

$2.45 €2.10

$0.86 ₩1,170

184.88%

Water (0.33 liter bottle)

$1.76 €1.52

$0.46 ₩621

282.61%

Local Beer (0.5 liter draught)

$3.59 €3.09

$2.95 ₩4,000

21.69%

Imported Beer (0.33 liter bottle)

$3.39 €2.92

$4.19 ₩5,679

-19.09%

Milk (1 liter)

$1.24 €1.06

$2.23 ₩3,022

-44.39%

White Bread (500g)

$1.98 €1.71

$3.17 ₩4,303

-37.54%

Rice (white) (1kg)

$1.52 €1.31

$3.13 ₩4,239

-51.44%

Eggs

$4.04 €3.47

$2.67 ₩3,625

51.31%

Local Cheese (1kg)

$13.54 €11.64

$10.88 ₩14.7K

24.45%

Chicken Fillets (1kg)

$8.39 €7.21

$10.20 ₩13.8K

-17.75%

Beef Round Steak (1kg)

$18.25 €15.69

$24.79 ₩33.6K

-26.38%

Apples (1kg)

$2.29 €1.97

$10.87 ₩14.7K

-78.93%

Banana (1kg)

$1.74 €1.50

$3.54 ₩4,798

-50.85%

Oranges (1kg)

$1.86 €1.60

$7.72 ₩10.5K

-75.91%

Tomato (1kg)

$2.63 €2.26

$5.95 ₩8,066

-55.80%

Potato (1kg)

$1.92 €1.65

$5.95 ₩8,071

-67.73%

Onion (1kg)

$2.09 €1.80

$3.31 ₩4,486

-36.86%

Lettuce (1 head)

$1.44 €1.24

$2.70 ₩3,655

-46.67%

Water (1.5 liter bottle)

$0.84 €0.72

$1.24 ₩1,684

-32.26%

Cigarettes 20 Pack (Marlboro, Camel)

$6.78 €5.83

$3.18 ₩4,309

113.21%

Wine (Bottle)

$5.71 €4.91

$18.38 ₩24.9K

-68.93%

Local Beer (0.5 liter bottle)

$1.38 €1.18

$2.40 ₩3,260

-42.50%

Imported Beer (0.33 liter bottle)

$2.22 €1.91

$3.45 ₩4,680

-35.65%

One-way Ticket (Public Transport)

$2.40 €2.06

$1.13 ₩1,527

112.39%

Public Transport Monthly Pass (Regular Price)

$46.78 €40.22

Taxi Start (Normal Tariff)

$4.17 €3.59

$2.92 ₩3,953

42.81%

Taxi (Normal Tariff) (1km)

$1.14 €0.98

$0.76 ₩1,026

50.00%

Taxi 1hour Waiting (Normal Tariff)

$17.68 €15.20

$16.58 ₩22.5K

6.63%

Gasoline (1 liter)

$2.32 €2.00

$1.32 ₩1,791

75.76%

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

$35.3K €30.4K

$28.8K ₩39.0M

22.70%

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

$41.4K €35.6K

$32.7K ₩44.3M

26.72%

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

$170 €146

$193 ₩261.9K

-11.82%

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

$19.34 €16.62

$35.67 ₩48.4K

-45.78%

Internet (50+ Mbps, Unlimited Data)

$33.64 €28.92

$26.37 ₩35.8K

27.57%

Gym Membership (Monthly)

$48.10 €41.35

$57.6 ₩78.1K

-16.45%

Tennis Court (1 Hour on Weekend)

$19.90 €17.11

Cinema Ticket

$9.92 €8.53

$10.42 ₩14.1K

-4.80%

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

$717 €617

$260 ₩352.4K

175.95%

International Primary School, 1 Child (Yearly)

$17.5K €15.0K

$21.1K ₩28.7M

-17.33%

Jeans (Levis 501 Or Similar)

$105 €90.1

$51.1 ₩69.3K

104.93%

Summer Dress (H&M, Zara, etc)

$46.95 €40.36

$43.29 ₩58.7K

8.45%

Sport Shoes (Adidas, Nike)

$103 €88.9

$58.0 ₩78.6K

78.34%

Men's Leather Business Shoes

$124 €107

$71.8 ₩97.4K

72.52%

1-bedroom Apartment, City Center (Monthly)

$1,677 €1,441

$362 ₩491.1K

362.90%

1-bedroom Apartment, Outside City Center (Monthly)

$1,271 €1,093

$233 ₩316.3K

444.75%

3-bedroom Apartment, City Center (Monthly)

$2,985 €2,566

$717 ₩972.7K

316.01%

3-bedroom Apartment, Outside City Center (Monthly)

$1,992 €1,713

$650 ₩881.9K

206.35%

Buy Apartment in City Center (m2)

$7,826 €6,728

$4,368 ₩5.9M

79.17%

Buy Apartment Outside City Center (m2)

$4,658 €4,004

$2,380 ₩3.2M

95.70%

Average Monthly Net Salary (After Tax)

$1,583 €1,361

$2,201 ₩3.0M

-28.09%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.79

4.22

-10.19%

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

Last update for Lisbon: August 30, 2026

Last update for Ulsan: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,677 in Lisbon and $362 in Ulsan. Housing cost is often the main lever when comparing two cities.

Ulsan pays 39% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $63.0 in Lisbon vs $44.00 in Ulsan. Groceries flip the comparison at $283 vs $477, 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 Ulsan: Cost of Living - Frequently Asked Questions

Lisbon and Ulsan differ by about 75% in total monthly costs ($2,316 vs $1,322 including rent). Ulsan is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

On paper, salaries run 39% lower in Ulsan. 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: $1,677 in Lisbon versus $362 in Ulsan. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Lisbon pay roughly 69% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $2,316 per month in Lisbon versus $1,322 in Ulsan – a 75% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,322 in Ulsan versus $2,316 in Lisbon, a $1,500 budget is realistic in Ulsan but tight or insufficient in Lisbon. The gap between the two cities makes Ulsan 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 Ulsan are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Ulsan gentler on the wallet – expenses run 75% less than in Lisbon. Beyond cost, consider language, visa policies, and how big the international community is in each city.