Last update: Oct 2026

Cost of Living Comparison Between Pohang and Porto

For one person, living is cheaper in Pohang: $1,362 a month against $1,905 in Porto, rent and utilities included – about $6,500 less a year. Higher rent and utilities in Porto outweigh lower spending on other living expenses.

66

Cost of Living Index in Pohang
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Pohang Living Index
93

Cost of Living Index in Porto
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Porto Living Index

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Pohang

🇰🇷 South Korea

$1,362

/mo nomad

Porto

🇵🇹 Portugal

$1,905

/mo nomad

Monthly Cost of Living

How much you'll spend in Pohang and in Porto

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

Monthly costs for one person with rent: $1,362 in Pohang versus $1,905 in Porto.

Pohang $1,362
Porto $1,905

Estimated couple costs with rent: $1,682 in Pohang versus $2,836 in Porto.

Pohang $1,682
Porto $2,836

Monthly costs for a family of three with rent: $2,002 in Pohang versus $3,766 in Porto.

Pohang $2,002
Porto $3,766

Living in Pohang costs roughly 29% less than in Porto, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Pohang 1% above, Porto 41% above.

Meal at Budget Restaurant

$5.91 ₩7,857

$13.28 €11.81

-55.50%

Three-Course Dinner for Two, Mid-Range

$22.55 ₩30.0K

$55.4 €49.26

-59.28%

Fast Food Meal (McDonalds, etc)

$6.52 ₩8,675

$11.28 €10.03

-42.20%

Cappuccino

$3.02 ₩4,012

$2.71 €2.41

11.44%

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

$1.48 ₩1,967

$2.32 €2.06

-36.21%

Water (0.33 liter bottle)

$0.53 ₩710

$1.36 €1.21

-61.03%

Local Beer (0.5 liter draught)

$3.64 ₩4,836

$3.44 €3.06

5.81%

Imported Beer (0.33 liter bottle)

$3.81 ₩5,062

$4.47 €3.98

-14.77%

Milk (1 liter)

$2.36 ₩3,142

$1.14 €1.01

107.02%

White Bread (500g)

$3.25 ₩4,319

$1.69 €1.50

92.31%

Rice (white) (1kg)

$1.46 ₩1,940

$1.43 €1.28

2.10%

Eggs

$2.73 ₩3,634

$4.12 €3.66

-33.74%

Local Cheese (1kg)

$10.95 ₩14.6K

$11.82 €10.51

-7.36%

Chicken Fillets (1kg)

$10.36 ₩13.8K

$6.96 €6.19

48.85%

Beef Round Steak (1kg)

$24.86 ₩33.1K

$16.26 €14.46

52.89%

Apples (1kg)

$2.20 ₩2,929

$2.19 €1.95

0.46%

Banana (1kg)

$3.61 ₩4,798

$1.60 €1.43

125.62%

Oranges (1kg)

$7.91 ₩10.5K

$1.82 €1.62

334.62%

Tomato (1kg)

$2.92 ₩3,879

$2.50 €2.22

16.80%

Potato (1kg)

$5.00 ₩6,653

$1.79 €1.59

179.33%

Onion (1kg)

$3.41 ₩4,532

$1.79 €1.59

90.50%

Lettuce (1 head)

$2.27 ₩3,015

$1.66 €1.48

36.75%

Water (1.5 liter bottle)

$1.34 ₩1,785

$0.78 €0.70

71.79%

Cigarettes 20 Pack (Marlboro, Camel)

$3.31 ₩4,407

$6.52 €5.80

-49.23%

Wine (Bottle)

$6.49 ₩8,631

$5.64 €5.01

15.07%

Local Beer (0.5 liter bottle)

$1.53 ₩2,031

$1.34 €1.19

14.18%

Imported Beer (0.33 liter bottle)

$3.49 ₩4,638

$2.62 €2.33

33.21%

One-way Ticket (Public Transport)

$1.60 €1.43

Public Transport Monthly Pass (Regular Price)

$45.43 €40.41

Taxi Start (Normal Tariff)

$3.30 ₩4,388

$4.00 €3.56

-17.50%

Taxi (Normal Tariff) (1km)

$0.58 ₩766

$0.80 €0.72

-27.50%

Taxi 1hour Waiting (Normal Tariff)

$16.64 ₩22.1K

$16.50 €14.68

0.85%

Gasoline (1 liter)

$1.24 ₩1,647

$2.15 €1.91

-42.33%

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

$29.5K ₩39.2M

$33.0K €29.3K

-10.56%

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

$28.4K ₩37.8M

$34.7K €30.8K

-18.12%

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

$102 ₩136.1K

$161 €144

-36.57%

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

$36.26 ₩48.2K

$14.94 €13.29

142.70%

Internet (50+ Mbps, Unlimited Data)

$26.84 ₩35.7K

$36.70 €32.64

-26.87%

Gym Membership (Monthly)

$30.38 ₩40.4K

$45.16 €40.17

-32.73%

Tennis Court (1 Hour on Weekend)

$7.43 ₩9,884

$15.23 €13.55

-51.21%

Cinema Ticket

$11.38 ₩15.1K

$9.20 €8.18

23.70%

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

$637 ₩847.5K

$566 €504

12.57%

International Primary School, 1 Child (Yearly)

$21.8K ₩29.0M

$10.3K €9,161

111.58%

Jeans (Levis 501 Or Similar)

$105 ₩139.2K

$102 €90.5

2.89%

Summer Dress (H&M, Zara, etc)

$64.3 ₩85.5K

$33.14 €29.48

94.09%

Sport Shoes (Adidas, Nike)

$92.5 ₩122.9K

$92.2 €82.0

0.25%

Men's Leather Business Shoes

$111 ₩147.9K

$102 €90.9

8.88%

1-bedroom Apartment, City Center (Monthly)

$1,279 €1,137

1-bedroom Apartment, Outside City Center (Monthly)

$447 ₩594.3K

$949 €844

-52.91%

3-bedroom Apartment, City Center (Monthly)

$2,224 €1,978

3-bedroom Apartment, Outside City Center (Monthly)

$1,626 €1,446

Buy Apartment in City Center (m2)

$5,124 €4,558

Buy Apartment Outside City Center (m2)

$2,990 ₩4.0M

$3,771 €3,354

-20.69%

Average Monthly Net Salary (After Tax)

$2,240 ₩3.0M

$1,578 €1,404

41.93%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.22

3.67

14.99%

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

Last update for Pohang: October 11, 2026

Last update for Porto: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Pohang

$447 32.8%

Porto

$949 49.8% 112% $502

Groceries & Markets

Pohang

$386 28.3%

Porto

$258 13.5% 33.1% $128

Clothing & Footwear

Pohang

$168 12.3%

Porto

$148 7.8% 11.6% $20

Monthly Utilities & Internet

Pohang

$165 12.2%

Porto

$213 11.2% 28.8% $48

Eating Out

Pohang

$137 10.1%

Porto

$213 11.2% 55.9% $77

Sport & Entertainment

Pohang

$53 3.9%

Porto

$64 3.3% 19.6% $10

Getting Around

Pohang

$6.2 * 0.5%

Porto

$60 3.1% 869% $54

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

Cost Breakdown

Pohang pays 42% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $23.00 in Pohang vs $55.0 in Porto. Groceries flip the comparison at $386 vs $258, with Porto cheaper for home cooking.

Good to know

🇰🇷 Pohang

🇵🇹 Porto

🕒 Local time

10:03 10:03 AM

02:03 2:03 AM

8 h behind Pohang

🌤 Weather

👥 Population

514,869

231,828

💱 Currency

South Korean Won KRW ₩

Euro EUR €

📈 Exchange rate

10,000 KRW = 7.52 USD

10,000 KRW = 6.69 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to KRW – South Korean Won Converter

🇺🇸 United States Dollar ($)

🇰🇷 South Korean Won (₩)

South Korean Won exchange rates as of October 19, 2026: 1 USD = 1,330 KRW (10,000 KRW = 7.52 USD). 1 EUR = 1,495 KRW (10,000 KRW = 6.69 EUR).

Euro exchange rates as of October 19, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to KRW in detail →

On the map

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Between locations

Pohang Porto 10,420 km ≈ 14 h nonstop flight

From you

Pohang
Porto

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

Pohang vs Porto: Cost of Living - Frequently Asked Questions

Pohang wins on cost – living expenses run 40% lower than in Porto. Housing and daily spending are where you'll feel the difference most, making Pohang the obvious pick if budget is a priority.

Average pay runs 42% higher in Pohang, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Childcare runs $637 in Pohang versus $566 in Porto. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Dining out is cheaper in Pohang – a meal for two runs $23.00 versus $55.0 in Porto. If you eat out regularly, this makes a real dent in your monthly spending.

At $1,362 in Pohang versus $1,905 in Porto, a $1,000 budget is realistic in Pohang but tight or insufficient in Porto. The gap between the two cities makes Pohang the clear choice for anyone on this budget.

Both work as nomad bases, but Pohang delivers better value – similar infrastructure at $1,362 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Pohang hard to pass up.

Safety-wise, Pohang and Porto 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 Pohang gentler on the wallet – expenses run 40% less than in Porto. Beyond cost, consider language, visa policies, and how big the international community is in each city.